Magellan Midstream Partners
MMP
Operating Margin for Magellan Midstream Partners (MMP)
Operating Margin as of April 2024 (TTM): 29.62%
According to Magellan Midstream Partners 's latest financial reports and stock price the company's current Operating Margin is 29.62%. At the end of 2022 the company had an Operating Margin of 26.93%.
Operating Margin history for Magellan Midstream Partners from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 26.93% | -21.24% |
| 2021 | 34.20% | 1.26% |
| 2020 | 33.77% | -9.88% |
| 2019 | 37.48% | -20.6% |
| 2018 | 47.19% | 35.51% |
| 2017 | 34.83% | -4.7% |
| 2016 | 36.55% | -2.64% |
| 2015 | 37.54% | 2.44% |
| 2014 | 36.64% | 18.48% |
| 2013 | 30.93% | 25.04% |
| 2012 | 24.73% | 4.11% |
| 2011 | 23.76% | 18.23% |
| 2010 | 20.09% | -10.67% |
| 2009 | 22.49% | -21.74% |
| 2008 | 28.74% | 55.05% |
| 2007 | 18.54% | 17.69% |
| 2006 | 15.75% | -13.33% |
| 2005 | 18.17% | 14.67% |
| 2004 | 15.85% | -12.79% |
| 2003 | 18.17% | -26.53% |
| 2002 | 24.74% | -2.95% |
| 2001 | 25.49% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Blueknight Energy Partners BKEP | 30.14% | 1.76% | 🇺🇸 USA |
 Delek Logistics Partners DKL | 14.67% | -50.47% | 🇺🇸 USA |
 Plains All American Pipeline PAA | 2.47% | -91.66% | 🇺🇸 USA |
 Phillips 66 Partners
PSXP | 79.32% | 167.79% | 🇺🇸 USA |
 NuStar Energy NS | 13.42% | -54.69% | 🇺🇸 USA |
 MPLX MPLX | 49.43% | 66.88% | 🇺🇸 USA |
 Holly Energy Partners HEP | 39.96% | 34.91% | 🇺🇸 USA |
 Genesis Energy L.P. GEL | -6.41% | -121.64% | 🇺🇸 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.