MPLX LP Operating Margin History
MPLX / Energy|6 years of SEC 10-K data (FY2020-FY2025)
45.7% in FY2025 with a 5-year CAGR of +42.9%. Top quartile in the Energy sector.
Improved from 43.4% to 45.7% over the past 2 years.
Among 80 Energy companies, MPLX LP is in the top 9% for operating margin. Operating Margin has increased for 5 consecutive years, from 2.8% in FY2020 to 45.7% in FY2025.
Based on SEC 10-K filings.
Key Data Points
- Strong profit margin: 32.9%
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year Change
- +3.4pp
- 5-Year Change
- +42.9pp
- 10-Year Change
- -
Operating Margin Trend
Top 9% in EnergyTop 9% of 80This company 45.7% Sector average 15.1%
▼
+203.1% above sector average
Key Insights
- MPLX LP's operating margin has grown for 5 consecutive years.
- In FY2025, operating margin increased 3.2% year-over-year.
- Currently 30.6pp above the Energy sector average.
- Lowest operating margin in the period was in FY2020.
Annual Data
| Year | Operating Margin | YoY Growth |
|---|---|---|
| FY2025 | 45.7% | +3.2% |
| FY2024 | 44.3% | +2.0% |
| FY2023 | 43.4% | +2.7% |
| FY2022 | 42.3% | +6.2% |
| FY2021 | 39.8% | +1328.1% |
| FY2020 | 2.8% | - |
| FY2019 | - | - |
| FY2018 | - | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026