MPLX LP Operating Margin 2011-2025 | MPLX
- MPLX LP average operating margin for 2024 was 44.21%, a 2.34% increase from 2023.
- MPLX LP average operating margin for 2023 was 43.2%, a 5.88% increase from 2022.
- MPLX LP average operating margin for 2022 was 40.8%, a 0.89% increase from 2021.
Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.