MPLX Income Tax Expense from 2010 to 2024

MPLX Stock  USD 51.63  1.10  2.18%   
MPLX LP Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense will likely drop to about 10.4 M in 2024. During the period from 2010 to 2024, MPLX LP Income Tax Expense regression line of annual values had significance of  0.58 and arithmetic mean of  27,456,667. View All Fundamentals
 
Income Tax Expense  
First Reported
2010-12-31
Previous Quarter
M
Current Value
M
Quarterly Volatility
183.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MPLX LP financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MPLX LP's main balance sheet or income statement drivers, such as Depreciation And Amortization of 676.9 M, Interest Expense of 969.1 M or Selling General Administrative of 227.5 M, as well as many indicators such as Price To Sales Ratio of 4.76, Dividend Yield of 0.088 or PTB Ratio of 2.94. MPLX financial statements analysis is a perfect complement when working with MPLX LP Valuation or Volatility modules.
  
Check out the analysis of MPLX LP Correlation against competitors.
For more information on how to buy MPLX Stock please use our How to Invest in MPLX LP guide.

Latest MPLX LP's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of MPLX LP over the last few years. It is MPLX LP's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MPLX LP's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

MPLX Income Tax Expense Regression Statistics

Arithmetic Mean27,456,667
Coefficient Of Variation355.79
Mean Deviation47,005,778
Median1,000,000
Standard Deviation97,689,162
Sample Variance9543.2T
Range392M
R-Value0.16
Mean Square Error10023T
R-Squared0.02
Significance0.58
Slope3,435,893
Total Sum of Squares133604.4T

MPLX Income Tax Expense History

202410.4 M
202311 M
2019380 M
2018M
20171000 K
2016-12 M
2015M

About MPLX LP Financial Statements

MPLX LP investors use historical fundamental indicators, such as MPLX LP's Income Tax Expense, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in MPLX LP. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense11 M10.4 M

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Additional Tools for MPLX Stock Analysis

When running MPLX LP's price analysis, check to measure MPLX LP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MPLX LP is operating at the current time. Most of MPLX LP's value examination focuses on studying past and present price action to predict the probability of MPLX LP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MPLX LP's price. Additionally, you may evaluate how the addition of MPLX LP to your portfolios can decrease your overall portfolio volatility.