Net margin is calculated as Net Income divided by its Revenue. Magellan Midstream Partners LP's Net Income for the
three
months ended in Jun. 2022 was $354 Mil. Magellan Midstream Partners LP's Revenue for the
three
months ended in Jun. 2022 was $789 Mil. Therefore, Magellan Midstream Partners LP's net margin for the quarter that ended in Jun. 2022 was 44.88%.
The historical rank and industry rank for Magellan Midstream Partners LP's Net Margin % or its related term are showing as below:
MMP'
s Net Margin % Range Over the Past 10 Years
Min: 24.59 Med: 35.75 Max: 47.19
Current: 34.33
MMP's Net Margin % is ranked better than 86.83% of 972
companies
in the Oil & Gas industry
Industry Median: 3.70
vs MMP: 34.33
Magellan Midstream Partners LP Net Margin % Historical Data
The historical data trend for Magellan Midstream Partners LP's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Magellan Midstream Partners LP Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Net Margin %
34.67
47.19
39.25
35.19
35.93
Magellan Midstream Partners LP Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Net Margin %
42.90
37.02
30.11
24.53
44.88
Competitive Comparison
For the Oil & Gas Midstream subindustry, Magellan Midstream Partners LP's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Magellan Midstream Partners LP Net Margin % Distribution
For the Oil & Gas industry and Energy sector, Magellan Midstream Partners LP's Net Margin % distribution charts can be found below:
* The bar in red indicates where Magellan Midstream Partners LP's Net Margin % falls into.
Magellan Midstream Partners LP Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
Magellan Midstream Partners LP's Net Margin for the fiscal year that ended in Dec. 2021 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Magellan Midstream Partners LP (NYSE:MMP) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Magellan Midstream Partners LP Net Margin % Related Terms
Thank you for viewing the detailed overview of Magellan Midstream Partners LP's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Magellan Midstream Partners LP Business Description
Magellan Midstream Partners is a master limited partnership that operates pipelines and storage terminals in the Central and Eastern United States. Its assets transport, store, and distribute refined petroleum products and crude and earn a fee-based stream of cash flows. Assets include the country's longest petroleum pipeline network and several crude oil pipelines. Refined products make about 70% of operating margin, with the remainder mainly crude-oil pipelines.
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