MPLX LP (MPLX)
NYSE: MPLX · Real-Time Price · USD
56.71
-0.09 (-0.16%)
At close: Nov 10, 2026, 4:00 PM EST
56.60
-0.11 (-0.19%)
After-hours: Nov 10, 2026, 7:53 PM EST
MPLX LP Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 12,408 | 11,817 | 11,111 | 10,589 | 11,137 | 9,706 |
Revenue Growth | 6.86% | 6.35% | 4.93% | -4.92% | 14.74% | 14.12% |
Gross Profit Gross Profit Growth | 6,802 | 6,696 | 6,307 | 5,931 | 6,115 | 5,473 |
Operating Income Operating Income Growth | 4,752 | 4,762 | 4,466 | 4,208 | 4,435 | 3,713 |
Net Income Net Income Growth | 4,343 | 4,909 | 4,281 | 3,808 | 3,791 | 2,936 |
Earnings Per Share EPS Growth | 4.28 | 4.82 | 4.20 | 3.80 | 3.75 | 2.86 |
EPS Growth | -9.02% | 14.67% | 10.56% | 1.33% | 31.17% | - |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Crude Oil and Products Logistics - Service Crude Oil and Products Logistics - Service Growth | 4,934 | 4,824 | 4,543 | 4,335 | 4,057 | 3,918 |
Crude Oil and Products Logistics - Rental Income Crude Oil and Products Logistics - Rental Income Growth | 1,070 | 923 | 882 | 857 | 803 | 772 |
Crude Oil and Products Logistics - Product Related Crude Oil and Products Logistics - Product Related Growth | 20 | 16 | 18 | 18 | 19 | 14 |
Crude Oil and Products Logistics - Sales-type Lease Crude Oil and Products Logistics - Sales-type Lease Growth | 368 | 448 | 475 | 500 | 465 | 435 |
Crude Oil and Products Logistics - Income from Equity Method Investments Crude Oil and Products Logistics - Income from Equity Method Investments Growth | 254 | 243 | 269 | 270 | 197 | 153 |
Crude Oil and Products Logistics - Other Income Crude Oil and Products Logistics - Other Income Growth | 118 | 121 | 152 | 68 | 57 | 61 |
Natural Gas and NGL Services - Service Natural Gas and NGL Services - Service Growth | 2,525 | 2,468 | 2,407 | 2,189 | 2,056 | 2,023 |
Natural Gas and NGL Services - Rental Income Natural Gas and NGL Services - Rental Income Growth | 233 | 226 | 222 | 208 | 287 | 347 |
Natural Gas and NGL Services - Product Related Natural Gas and NGL Services - Product Related Growth | 2,724 | 2,418 | 2,221 | 2,191 | 2,792 | 2,066 |
Natural Gas and NGL Services - Sales-type Lease Natural Gas and NGL Services - Sales-type Lease Growth | 180 | 151 | 136 | 136 | 62 | - |
Natural Gas and NGL Services - Income from Equity Method Investments Natural Gas and NGL Services - Income from Equity Method Investments Growth | 545 | 454 | 533 | 330 | 279 | 168 |
Natural Gas and NGL Services - Other Income Natural Gas and NGL Services - Other Income Growth | 236 | 706 | 75 | 179 | 539 | 70 |
Revenue (Total) Revenue (Total) Growth | 12,408 | 11,817 | 11,111 | 10,589 | 11,137 | 9,706 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 1,297 | 2,137 | 1,519 | 1,048 | 238 | 13 |
Total Debt Total Debt Growth | 27,090 | 26,162 | 21,436 | 20,914 | 20,301 | 20,514 |
Net Cash (Debt) Net Cash Growth | -25,793 | -24,025 | -19,917 | -19,866 | -20,063 | -20,501 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -25.41 | -23.58 | -19.55 | -19.85 | -19.86 | -19.96 |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 6,022 | 5,909 | 5,946 | 5,397 | 5,019 | 4,911 |
Capital Expenditures CapEx Growth | -2,909 | -1,808 | -1,056 | -937 | -806 | -529 |
Free Cash Flow Free Cash Flow Growth | 3,113 | 4,101 | 4,890 | 4,460 | 4,213 | 4,382 |
Free Cash Flow Growth | -33.57% | -16.13% | 9.64% | 5.86% | -3.86% | 31.28% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 54.82% | 56.66% | 56.76% | 56.01% | 54.91% | 56.39% |
Operating Margin | 38.30% | 40.30% | 40.19% | 39.74% | 39.82% | 38.26% |
Pretax Margin | 35.41% | 41.97% | 39.30% | 37.56% | 35.79% | 32.07% |
Profit Margin | 35.00% | 41.54% | 38.53% | 35.96% | 34.04% | 30.25% |
FCF Margin | 25.09% | 34.70% | 44.01% | 42.12% | 37.83% | 45.15% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 11, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 4.844 | 4.066 | 3.613 | 3.250 | 2.960 | 2.785 |
Dividend Per Share Growth | 12.53% | 12.54% | 11.17% | 9.80% | 6.28% | 1.27% |
Dividend Yield | 8.54% | 7.61% | 7.54% | 8.87% | 8.99% | 9.38% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 11, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 13.25 | 11.06 | 11.39 | 9.65 | 8.69 | 10.28 |
Forward PE | 12.29 | 12.06 | 11.11 | 9.37 | 9.75 | 9.85 |
P/FCF Ratio | 18.45 | 13.24 | 9.97 | 8.24 | 7.82 | 6.89 |
PS Ratio | 4.63 | 4.59 | 4.39 | 3.47 | 2.96 | 3.11 |