Magellan Midstream Partners L P 's ROA from the second quarter of 2023 to the second quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics

What is Magellan Midstream Partners L P 's ROA in the second quarter of 2023?
Magellan Midstream Partners L p achieved a return on average assets (ROA) of 13.42 % in its second quarter of 2023, which is below Magellan Midstream Partners L P 's average return on assets, which stands at 14.39%.

ROA decreased relative to the period ending Mar 31 2023, due to the decline in net income.

However, within the Utilities sector 6 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the first quarter of 2023 from 422 to 466.

What is ROA?

Select the Comparisons :

None ▼

Select the Ratio:

Return on Assets ROA▼

None ▼

Return on Assets ROA▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

Return On Assets	(Jun 30 2023) II. Quarter	(Mar 31 2023) I. Quarter	(Dec 31 2022) IV. Quarter	(Sep 30 2022) III. Quarter	(Jun 30 2022) II. Quarter
Y / Y Total Assets Change	-2.06 %	-6.67 %	-7.18 %	-2.67 %	-5.91 %
Y / Y Net Income Change	-32.55 %	65.5 %	-23.26 %	39.48 %	26.2 %
Net Income (TTM) in million	1,030	1,145	1,036	1,093	1,000
Return On Assets (TTM)	13.42 %	14.84 %	13.21 %	13.67 %	12.42 %
MMP's Total Ranking	# 466	# 422	# 608	# 550	# 631
Total Assets (TTM) in million	7,623	7,561	7,700	7,809	7,783
Seq. Total Assets Change	0.81 %	-1.81 %	-1.4 %	0.34 %	-3.93 %
Seq. Net Income Change	-12.85 %	46.47 %	-43.33 %	-6.75 %	113.84 %

MMP's 5 Years Annual ROA >> Back to MMP Management Effectiveness >> Compare MMP ROA to its Competitors

Return On Assets Company Ranking
Within:	No.
Industry	# 5
Sector	# 7
Overall	# 460

Return On Assets Statistics
High	Average	Low
32.25 %	14.39 %	9 %
(Dec 31 2013)		(Jun 30 2011)

Financial Statements
Magellan Midstream Partners L P 's Assets	$ 7,623 million	MMP's Balance sheet
Magellan Midstream Partners L P 's Income	$ 239 million	Quarterly MMP's Income Statement
MMP's Income by Division		See MMP's Income by Division

Annual Return On Assets	(Dec 31 2022) FY 2022	(Dec 31 2021) FY 2021	(Dec 31 2020) FY 2020	(Dec 31 2019) FY 2019	(Dec 31 2018) FY 2018
Y / Y Total Assets Change	-3.99 %	-20.89 %	20.15 %	8.91 %	4.78 %
Total Assets in million	7,700	8,020	10,138	8,438	7,748
Y / Y Net Income Change	5.54 %	20.2 %	-19.97 %	-23.47 %	53.41 %
Net Income in million	1,036	982	817	1,021	1,334
Annual Return On Assets	13.46 %	12.24 %	8.06 %	12.1 %	17.22 %

MMP's 5 Years Annual ROA >> Back to MMP Management Effectiveness >> Compare MMP ROA to its Competitors

Comment on MMP's ROA in the fiscal year ending 2022

In the fiscal year 2022 ROA improved to 13.46 % compared to prior year, due to annual net income growth of 5.54 % to $1,036.40 million, and due to decline of value in Magellan Midstream Partners L P 's assets by -3.99 % to $7,700.20 million, compared to $7,700.20 a year before.

More Return On Assets Ratios
MMP's' Return on Assets at Yahoo Finance
Natural Gas Utilities Industry Return On Assets Trends and Statistics
Utilities Sector Roa Statistics
Roa Trends for overall market
MMP's Roa Ratio versus Natural Gas Utilities Industry, Utilities Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for MMP's Competitors
Subscribers only: Roa for Magellan Midstream Partners L P 's Suppliers
Subscribers only: Return On Assets for MMP's Customers

You may also want to know
MMP's Roi	MMP's Inventory Turnover Ratio	MMP's Growth Rates	MMP's Dividend Comparisons
	MMP's Profitability Ratios	MMP's Asset Turnover Ratio	MMP's Dividend Growth
MMP's Roe	MMP's Valuation Ratios	MMP's Financial Strength Ratios	MMP's Dividend Payout Ratio

Companies with similar Return On Assets at Jun 30 2023, within Utilities Sector	ROA
Cheniere Energy Inc	25.50 %
Cheniere Energy Partners L p	23.20 %
Genie Energy Ltd	22.41 %
Otter Tail Corporation	21.15 %
Opal Fuels Inc	18.08 %
Hf Sinclair Corporation	13.91 %
Magellan Midstream Partners L p	13.41 %
Hallador Energy Co	12.66 %
Nustar Energy L p	12.36 %
Mplx Lp	11.62 %
Oneok Inc	10.00 %
Western Midstream Partners Lp	9.64 %
Holly Energy Partners Lp	8.38 %
Targa Resources Corp	8.36 %
Enterprise Products Partners L p	8.17 %
Transcontinental Gas Pipe Line Company Llc	7.51 %
Pure Cycle Corporation	7.20 %
Consolidated Water Co ltd	7.10 %
National Fuel Gas Company	7.05 %
Dcp Midstream Lp	6.83 %
Antero Midstream Corporation	5.95 %
Enlink Midstream Llc	5.75 %
Plains All American Pipeline Lp	5.75 %
American States Water Co	5.71 %
Public Service Enterprise Group Incorporated	5.69 %
Williams companies inc	5.68 %
Kinetik Holdings Inc	5.55 %
Plains Gp Holdings Lp	5.19 %
Energy Transfer Lp	5.17 %
Vistra Corp	4.96 %

Date modified: 2026-09-08T15:22:11+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.