Magellan Midstream Partners, L.P.
Industrials · Pipe Lines (No Natural Gas) · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $2.92B | $2.47B | $2.15B | $2.55B | $2.63B | $2.51B |
| Operating income | $1.11B | $1.11B | $1.01B | $1.17B | $1.19B | $1.05B |
| Net income | $1.04B | $982.0M | $817.0M | $1.02B | $1.33B | $869.5M |
| Total assets | $7.71B | $8.03B | $8.20B | $8.44B | $7.75B | $7.39B |
| Total liabilities | — | — | — | — | — | — |
| Equity | — | — | — | — | — | — |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 212.4M | 223.3M | 227.8M | 228.4M | 228.2M | 228.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- 38.0%
- Net margin
- 35.5%
- Return on equity
- —
- Return on assets
- 13.4%
- Return on capital (ROCE)
- 15.9%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- 17.9%
- Net income growth (YoY)
- 5.5%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2022- Accruals / assets
- −1.4%clean
- Piotroski F-Score
- 6/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 4 good- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer changeSep 25, 2023
- Shareholder vote · Other material eventSep 22, 2023
- Other material eventSep 14, 2023
- Other material eventSep 11, 2023
- Other material eventSep 8, 2023
- Other material eventAug 29, 2023
- Other material eventAug 16, 2023
- Results of operationsAug 3, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- POSASRAug 6, 2025
- POSASRPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-3Sep 10, 2024
- 15-12GFORM 15-12GOct 11, 2023
- S-8 POSPOST-EFFECTIVE AMENDMENT TO FORM S-8Oct 11, 2023
- S-8 POSPOST-EFFECTIVE AMENDMENT TO FORM S-8Oct 11, 2023
- S-8 POSPOST-EFFECTIVE AMENDMENT TO FORM S-8Oct 11, 2023
- S-8 POSPOST-EFFECTIVE AMENDMENT TO FORM S-8Oct 11, 2023
- S-8 POSPOST-EFFECTIVE AMENDMENT TO FORM S-8Oct 11, 2023
- POSASRPOST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-3Oct 11, 2023
- 4Sep 27, 2023
- 4Sep 27, 2023
- 4Sep 27, 2023
- 4Sep 27, 2023
- 4Sep 27, 2023
- 4Sep 27, 2023