MPLX
MPLX
#455
Rank
$43.65 B
Marketcap
$42.71
Share price
1.14%
Change (1 day)
24.16%
Change (1 year)
MPLX Lp. is an American company that operates, develops and acquires midstream energy infrastructure assets. The company is engaged in the gathering, processing and transportation of natural gas.

Operating Margin for MPLX (MPLX)

Operating Margin as of July 2024 (TTM): 49.43%

According to MPLX's latest financial reports and stock price the company's current Operating Margin is 49.43%. At the end of 2022 the company had an Operating Margin of 37.81%.

Operating Margin history for MPLX from 2011 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202237.81%16.31%
202132.51%-491.38%
2020-8.31%-149.01%
201916.95%-44.06%
201830.30%33.62%
201722.68%135.62%
20169.62%-59.57%
201523.80%-30.45%
201434.22%8.63%
201331.51%-3.45%
201232.63%-0.08%
201132.66%24.81%
201026.17%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
79.32% 60.47%๐Ÿ‡บ๐Ÿ‡ธ USA
29.62%-40.08%๐Ÿ‡บ๐Ÿ‡ธ USA
2.47%-95.00%๐Ÿ‡บ๐Ÿ‡ธ USA
14.67%-70.32%๐Ÿ‡บ๐Ÿ‡ธ USA
39.96%-19.16%๐Ÿ‡บ๐Ÿ‡ธ USA
13.42%-72.85%๐Ÿ‡บ๐Ÿ‡ธ USA
11.40%-76.94%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.