
Magellan Midstream Partners, L.P. MMP
Quarterly report 2023-Q2
added 08-03-2023
Magellan Midstream Partners, L.P. General and Administrative Expenses 2011-2026 | MMP
General and Administrative Expenses — these are a part of a company's operating expenses that are not directly related to the production of goods or the provision of services but are necessary for the overall functioning of the business.What these expenses include
- Salaries of administrative staff (executives, HR, accountants, legal personnel)
- Office rent and utilities
- Office equipment and IT infrastructure
- Professional services (auditors, lawyers, consultants)
- Insurance
- General administrative travel and representation expenses
- Cost control
A high level of such expenses may indicate inefficient management or an overly complex structure - Profitability
Reducing administrative expenses while maintaining stable revenue increases operating profit - Comparative analysis
Investors can compare this metric as a percentage of revenue among companies in the same industry - Business flexibility
Companies with a flexible and controlled expense structure are more resilient to revenue declines
Annual General and Administrative Expenses Magellan Midstream Partners, L.P.
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 241 M | 206 M | 171 M | 197 M | 194 M | 166 M | 148 M | 151 M | 148 M | 132 M | 109 M | 98.7 M |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 241 M | 98.7 M | 164 M |
Quarterly General and Administrative Expenses Magellan Midstream Partners, L.P.
| 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 74.5 M | 60.4 M | - | 58 M | 56.9 M | 62.8 M | - | 46.5 M | 56.1 M | 46 M | - | 37.5 M | 41.6 M | 36.9 M | - | 51.2 M | 52.4 M | 46 M | - | 47.4 M | 53.3 M | 46.6 M | - | 37.2 M | 43.4 M | 40.3 M | - | 35.6 M | 34.6 M | 40.7 M | - | 37.6 M | 37.9 M | 35.5 M | - | 35.4 M | 39.3 M | 34.9 M | - | 32.8 M | 33.3 M | 30.1 M | - | 27.6 M | 25.4 M | 23.7 M | - | 20.5 M | 25.3 M | 24.6 M |
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 74.5 M | 20.5 M | 41.3 M |