Return On Assets
13%
Trailing 12 months · Through 30 Jun 2023
YoY relative change: +34%
Magellan Midstream Partners, L.P. financial metrics
Period Q2 2023 · Filed 03 Aug 2023
Key metrics snapshot
Operating Margin
42%
Trailing 12 months · Through 30 Jun 2023
YoY relative change: +13%
Current Ratio
1.08x
Period-end balance · Through 30 Jun 2023
YoY relative change: +11%
Quick Ratio
0.44x
Period-end balance · Through 30 Jun 2023
YoY relative change: +108%
Revenues YoY
9.3%
Trailing 12 months · Through 30 Jun 2023
Profitability
| Metric | Latest value | YoY relative change |
|---|---|---|
| Return On Assets |
13%
Trailing 12 months · 30 Jun 2023
|
+34% |
| Operating Margin |
42%
Trailing 12 months · 30 Jun 2023
|
+13% |
Financial Health
| Metric | Latest value | YoY relative change |
|---|---|---|
| Current Ratio |
1.08x
Period-end balance · 30 Jun 2023
|
+11% |
| Quick Ratio |
0.44x
Period-end balance · 30 Jun 2023
|
+108% |
Growth
| Metric | Latest value | YoY relative change |
|---|---|---|
| Revenues YoY |
9.3%
Trailing 12 months · 30 Jun 2023
|
Share Metrics
| Metric | Latest value | YoY relative change |
|---|---|---|
| Entity Common Stock, Shares Outstanding |
202,095,600
Period-end balance · 02 Aug 2023
|
-2.7% |
Supporting Metrics
These supporting metrics stay fully source-backed for deeper research. Scan the latest value and reported period first, then open a metric page when you need the full filing trail.
| Metric | Latest value | YoY relative change |
|---|---|---|
| Accounts Payable, Current |
$137,700,000
Period-end balance · 30 Jun 2023
|
-0.79% |
| Accounts Receivable, after Allowance for Credit Loss, Current |
$169,500,000
Period-end balance · 30 Jun 2023
|
+21% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax |
$93,900,000
Period-end balance · 30 Jun 2023
|
+37% |
| Assets |
$7,629,200,000
Period-end balance · 30 Jun 2023
|
-2.1% |
| Assets, Current |
$737,300,000
Period-end balance · 30 Jun 2023
|
+10% |
| Cash and Cash Equivalents, at Carrying Value |
$128,400,000
Period-end balance · 30 Jun 2023
|
+2691% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents |
$128,400,000
Period-end balance · 30 Jun 2023
|
+1078% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent |
$237,400,000
Reported period · 30 Jun 2023
|
-34% |
| Costs and Expenses |
$2,346,600,000
Trailing 12 months · 30 Jun 2023
|
+16% |
| Depreciation, Depletion and Amortization |
$288,700,000
Trailing 12 months · 30 Jun 2023
|
+22% |
| Employee-related Liabilities, Current |
$54,200,000
Period-end balance · 30 Jun 2023
|
-6.6% |
| General and Administrative Expense |
$255,900,000
Trailing 12 months · 30 Jun 2023
|
+14% |
| Goodwill |
$50,400,000
Period-end balance · 30 Jun 2023
|
0% |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest |
$1,032,100,000
Trailing 12 months · 30 Jun 2023
|
+29% |
| Income Tax Expense (Benefit) |
$4,100,000
Trailing 12 months · 30 Jun 2023
|
+86% |
| Intangible Assets, Net (Excluding Goodwill) |
$39,600,000
Period-end balance · 30 Jun 2023
|
-6.6% |
| Liabilities and Equity |
$7,629,200,000
Period-end balance · 30 Jun 2023
|
-2.1% |
| Liabilities, Current |
$681,100,000
Period-end balance · 30 Jun 2023
|
-1.1% |
| Operating Income (Loss) |
$1,274,600,000
Trailing 12 months · 30 Jun 2023
|
+24% |
| Operating Lease, Liability, Current |
$21,300,000
Period-end balance · 30 Jun 2023
|
-31% |
| Operating Lease, Liability, Noncurrent |
$76,700,000
Period-end balance · 30 Jun 2023
|
-43% |
| Operating Lease, Right-of-Use Asset |
$95,400,000
Period-end balance · 30 Jun 2023
|
-41% |
| Other Assets, Current |
$42,300,000
Period-end balance · 30 Jun 2023
|
-27% |
| Other Assets, Noncurrent |
$12,900,000
Period-end balance · 30 Jun 2023
|
-25% |
| Other Liabilities, Noncurrent |
$81,200,000
Period-end balance · 30 Jun 2023
|
+18% |
| Property, Plant and Equipment, Gross |
$8,266,900,000
Period-end balance · 30 Jun 2023
|
+1.9% |
| Property, Plant and Equipment, Net |
$5,826,200,000
Period-end balance · 30 Jun 2023
|
-0.75% |
| Revenue from Contract with Customer, Excluding Assessed Tax |
$3,015,400,000
Trailing 12 months · 30 Jun 2023
|
+9.3% |
| Share-based Payment Arrangement, Expense |
$29,800,000
Trailing 12 months · 30 Jun 2023
|
-14% |
Comparisons, sources and research notes
Sources and sharing
Magellan Midstream Partners, L.P. Financial Facts
- Context
- Latest metrics period: Q2 2023
- Latest reported value
- Return On Assets 13%
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Open metric pages to inspect the reported history.
Tracking and update notes
Why revisit this company facts page
Company facts change as new 10-Q and 10-K filings update the latest reported period, headline values, and cross-company comparison context.
- Latest source-backed update
- Latest metrics period Q2 2023
- Why come back
- Use the next filing cycle to compare new facts against this baseline and then verify the detailed metric history.
- Current latest metrics period: Q2 2023.
- Most recent SEC facts end date on this page: 02 Aug 2023.
- Save this filer to return when the next filing-backed metric period changes the picture.
Freshness comes from the latest SEC company facts period available for this filer and the linked metric history pages.
Latest update
Latest update for Magellan Midstream Partners, L.P.
Latest financial period: Q2 2023. Reopen this facts page to verify the newest reported period against the prior baseline.
Update date
03 Aug 2023
Page type
Company facts
Latest period
Q2 2023
SEC-backed company facts were refreshed from filings filed on 03 Aug 2023.
Benchmark Context
How Return On Assets compares
Return On Assets is up about 34% versus the comparable prior period.
Compared with
Compared with Magellan Midstream Partners, L.P.'s recent history first. Same-industry peer context appears only when enough SEC-backed benchmark coverage exists.
Why this is notable
Return On Assets already has a self-history signal here, but same-industry benchmark context waits until the benchmark sample is strong enough.
- Latest comparable period on this page: Q2 2023.
- Peer context will appear when enough companies report a comparable value for this metric.
- Open the metric history first if you want to verify the exact period-to-period change.
Industry benchmark context uses SEC-reported values from the same methodology version. Latest periods may differ across companies.
How to read key metrics on this page
These short guides explain what the headline metrics mean, what to compare next, and where to open the live SEC-backed example for this company.
Plain-English Guide
How to read Revenue on this page
Revenue is the sales a company reports from customers before most expenses are subtracted.
Why people care
People start here to understand business scale and whether demand is growing before they ask about margins or cash flow.
How to read it
Check the latest reported period first, then compare the same quarter or year against prior periods so seasonality does not distort the story.
Compare next
Compare revenue with gross profit, operating income, and operating cash flow to see whether sales are turning into healthy economics.
Revenue can jump because of acquisitions, pricing changes, or revenue-recognition rules, and reporting periods may differ across companies.
Open a live SEC-backed example
Filing notes and source
Key facts
- Magellan Midstream Partners, L.P. financial facts use SEC filings; any third-party reference is labeled separately.
- Latest metrics period on this page: Q2 2023.
- Headline metric: Return On Assets 13%.
Change
- Return On Assets YoY relative change: +34%.
- Most recent SEC facts end date: 02 Aug 2023.
Research use
- This gives a beginner-friendly first read before you inspect detailed formulas and metric tables.
- Metric cards link to SEC history; a third-party reference may use a different or unverified reporting period.
Evidence
Based on latest 10-Q/10-K
View source filing
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Open company facts to inspect the reported metric history.
Latest financial snapshot (2023-08-02) highlights Return On Assets 13.3%, Operating Margin 42.3%, and Current Ratio 1.08x.
Valuation Snapshot
SEC-only DCF estimate using a normalized free cash flow base, cash, debt, and reported share count when available.
No market comparison
No market comparison
Medium confidence
Fair value per share
$103.57
Market price
n/a
PEG ratio
n/a
Enterprise value
$20.8B
Equity value
$20.93B
DCF fair value scenarios
Bear
$77.41
- Growth
- 4.8%
- Discount
- 11%
- Terminal
- 2%
Base
$103.57
- Growth
- 7.8%
- Discount
- 10%
- Terminal
- 2.5%
Bull
$144.74
- Growth
- 11%
- Discount
- 9%
- Terminal
- 3%
Base growth: Free Cash Flow CAGR (2Y).
Key valuation metrics
EV/Revenue
n/a
Market price market EV / SEC revenue
Market enterprise value is unavailable
EV/EBITDA
n/a
Market price market EV / SEC EBITDA
Market enterprise value is unavailable
P/E
n/a
Market price market price / SEC EPS
Market cap is unavailable
P/S
n/a
Market price market cap / SEC revenue
Market cap is unavailable
P/B
n/a
Market price market cap / SEC equity
Market cap is unavailable
PEG
n/a
P/E / Free Cash Flow CAGR
P/e or positive growth is unavailable
Core assumptions
- Projection
- 5 years
- FCF growth
- 4%
- Discount rate
- 10%
- Terminal growth
- 2.5%
SEC fact inputs
- DCF base FCF
- $1.22B
- Trailing SEC FCF
- Reported FCF
- $1.22B
- Net income
- n/a
- EBITDA
- $1.56B
- Cash
- $128.4M
- Debt
- n/a
- Equity
- n/a
- Shares
- 202,095,600
Data confidence notes
- Shares outstanding may be class-specific for multi-class issuers; prefer weighted average share tags when available
- Dcf base free cash flow: dcf base starts from trailing sec free cash flow
- Ticker missing for issuer
- Debt missing: equity value treats debt as 0
- Peg unavailable: net income is missing
Compare This Company Through SEC-backed Metrics
Use these links to compare Magellan Midstream Partners, L.P. against other SEC filers on the same metric, then verify the company history from the paired facts page.
Revenues YoY
Latest value: 9.3%
Financial Quality Score
Transparent 0-100 scoring model based on profitability, financial health, and growth factors.
84.1/100
Strong Confidence low
Return On Assets
13%
Metric score 100.0/100
Financial Health
- Current Ratio
- 1.08x
- Quick Ratio
- 0.44x
Strengths
Return On Assets, Operating Margin, and Current Ratio
Watchpoints
No major risk flags from available metrics.
Calculation methodology and other links
How we score
This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.
| Metric | Weight | V1 threshold |
|---|---|---|
| ROIC | 20 | 5% to 20% |
| ROE | 15 | 8% to 25% |
| ROA | 10 | 2% to 10% |
| Operating Margin | 5 | 5% to 25% |
| Current Ratio | 12 | 1.0x to 2.0x |
| Quick Ratio | 8 | 0.8x to 1.5x |
| Debt to Equity | 10 | 0.3x to 2.0x (lower is better) |
| Revenue YoY | 10 | -10% to +20% |
| Net Income YoY | 10 | -10% to +20% |
How Calculated (standard_v1)
Metrics are computed with a market-consensus convention designed for cross-portal comparability.
- Operating Income / Revenues using matching TTM or quarter periods; basis shown per metric
- Current Assets / Current Liabilities (latest instant quarter)
- (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
- Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
- TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
- TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
- TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
- Revenues YoY using available TTM or quarter comparison; basis shown per metric
- Net Income YoY using available TTM or quarter comparison; basis shown per metric
CIK / security context first