Filing Flows › Mplx LP (MPLX) › Operating margin
Mplx LP (MPLX) operating margin by quarter
Mplx LP's operating margin was 40.9% in Q3 2026 (third quarter 2026), -0.7 pts from Q2 2026. Over the last 7 quarters it ranged from 40.0% (Q1 2026) to 49.8% (Q3 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 40.9% | -0.7 pts | -8.8 pts |
| Q2 2026 | 41.6% | +1.6 pts | -1.5 pts |
| Q1 2026 | 40.0% | -5.6 pts | -3.8 pts |
| Q4 2025 | 45.6% | -4.2 pts | — |
| Q3 2025 | 49.8% | +6.7 pts | — |
| Q2 2025 | 43.1% | -0.7 pts | — |
| Q1 2025 | 43.7% | — | — |
Q3 2026 at a glance
Mplx LP, Q3 2026: revenue $3.6B (-0.4% year over year), operating margin 40.9%, net earnings $1.2B, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.
Questions
What is Mplx LP's operating margin?
Mplx LP's operating margin was 40.9% in Q3 2026 (third quarter 2026), -0.7 pts from Q2 2026.
How has Mplx LP's operating margin changed?
Over the last 7 quarters it ranged from 40.0% (Q1 2026) to 49.8% (Q3 2025).