MPLX LP (MPLX)
41.55
+0.24
(+0.58%)
USD |
NYSE |
Mar 28, 16:00
41.69
+0.14
(+0.34%)
After-Hours: 20:00
MPLX Gross Profit Margin (Quarterly): 45.31% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
December 31, 2023 | 45.31% |
September 30, 2023 | 40.60% |
June 30, 2023 | 43.99% |
March 31, 2023 | 45.16% |
December 31, 2022 | 40.14% |
September 30, 2022 | 41.34% |
June 30, 2022 | 38.91% |
March 31, 2022 | 42.50% |
December 31, 2021 | 39.67% |
September 30, 2021 | 42.38% |
June 30, 2021 | 43.41% |
March 31, 2021 | 44.33% |
December 31, 2020 | 43.74% |
September 30, 2020 | 44.64% |
June 30, 2020 | 45.19% |
March 31, 2020 | 43.87% |
December 31, 2019 | 40.45% |
September 30, 2019 | 43.17% |
June 30, 2019 | 42.27% |
March 31, 2019 | 44.09% |
December 31, 2018 | 41.90% |
September 30, 2018 | 41.69% |
June 30, 2018 | 41.38% |
March 31, 2018 | 41.74% |
December 31, 2017 | 33.96% |
Date | Value |
---|---|
September 30, 2017 | 36.12% |
June 30, 2017 | 36.33% |
March 31, 2017 | 35.75% |
December 31, 2016 | 35.78% |
September 30, 2016 | 36.56% |
June 30, 2016 | 34.79% |
March 31, 2016 | 35.01% |
December 31, 2015 | 45.57% |
September 30, 2015 | 37.95% |
June 30, 2015 | 45.08% |
March 31, 2015 | 44.81% |
December 31, 2014 | 31.66% |
September 30, 2014 | 41.24% |
June 30, 2014 | 43.38% |
March 31, 2014 | 51.64% |
December 31, 2013 | 36.78% |
September 30, 2013 | 41.12% |
June 30, 2013 | 38.59% |
March 31, 2013 | 41.77% |
December 31, 2012 | 41.01% |
September 30, 2012 | 39.24% |
June 30, 2012 | 42.33% |
March 31, 2012 | 45.03% |
December 31, 2011 | -26.00% |
September 30, 2011 | 63.68% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
38.91%
Minimum
Jun 2022
45.31%
Maximum
Dec 2023
42.76%
Average
43.29%
Median
Gross Profit Margin (Quarterly) Benchmarks
Kinder Morgan Inc | 52.60% |
Oceaneering International Inc | 16.14% |
Barnwell Industries Inc | 11.11% |
CKX Lands Inc | 96.54% |
Empire Petroleum Corp | 17.05% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 29.47% |
Return on Assets | 10.92% |
Return on Invested Capital | 18.99% |
Profit Margin (Quarterly) | 42.39% |
Operating Margin (Quarterly) | 40.64% |
Return on Net Operating Assets | 13.42% |