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%.
Year | Operating Margin | Change |
---|---|---|
2022 | 37.81% | 16.31% |
2021 | 32.51% | -491.38% |
2020 | -8.31% | -149.01% |
2019 | 16.95% | -44.06% |
2018 | 30.30% | 33.62% |
2017 | 22.68% | 135.62% |
2016 | 9.62% | -59.57% |
2015 | 23.80% | -30.45% |
2014 | 34.22% | 8.63% |
2013 | 31.51% | -3.45% |
2012 | 32.63% | -0.08% |
2011 | 32.66% | 24.81% |
2010 | 26.17% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Marathon Petroleum MPC | 11.40% | -76.94% | ๐บ๐ธ USA |
Delek Logistics Partners DKL | 14.67% | -70.32% | ๐บ๐ธ USA |
Magellan Midstream Partners
MMP | 29.62% | -40.08% | ๐บ๐ธ USA |
Plains All American Pipeline PAA | 2.47% | -95.00% | ๐บ๐ธ USA |
Phillips 66 Partners
PSXP | 79.32% | 60.47% | ๐บ๐ธ USA |
NuStar Energy NS | 13.42% | -72.85% | ๐บ๐ธ USA |
Holly Energy Partners HEP | 39.96% | -19.16% | ๐บ๐ธ USA |
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.