MPLX LP Gross Margin 2011-2024 | MPLX

MPLX LP gross margin for the quarter ending September 30, 2024 was 60.28%.

  • MPLX LP average gross margin for 2023 was 58.1%, a 3.11% increase from 2022.
  • MPLX LP average gross margin for 2022 was 56.35%, a 6.83% increase from 2021.
  • MPLX LP average gross margin for 2021 was 60.48%, a 10.91% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

MPLX LP Gross Margin 2011-2024 | MPLX

  • MPLX LP average gross margin for 2023 was 58.1%, a 3.11% increase from 2022.
  • MPLX LP average gross margin for 2022 was 56.35%, a 6.83% increase from 2021.
  • MPLX LP average gross margin for 2021 was 60.48%, a 10.91% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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