MPLX LP Annual Operating Margin in % from 2020 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Mplx Lp quarterly/annual Operating Margin history and growth rate from 2020 to 2023.
  • Mplx Lp Operating Margin for the quarter ending June 30, 2024 was 44.2 %, a 0.83% decline year-over-year.
  • Mplx Lp annual Operating Margin for 2023 was 43.4 %, a 2.72% increase from 2022.
  • Mplx Lp annual Operating Margin for 2022 was 42.3 %, a 6.23% increase from 2021.
  • Mplx Lp annual Operating Margin for 2021 was 39.8 %, a 1328% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 43.4 +1.15 +2.72% Jan 1, 2023 Dec 31, 2023
2022 42.3 +2.48 +6.23% Jan 1, 2022 Dec 31, 2022
2021 39.8 +37 +1328% Jan 1, 2021 Dec 31, 2021
2020 2.79 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.