MPLX LP (MPLX)
NYSE: MPLX · Real-Time Price · USD
57.61
-0.18 (-0.31%)
At close: Jul 30, 2026, 4:00 PM EDT
57.80
+0.19 (0.33%)
After-hours: Jul 30, 2026, 6:10 PM EDT
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 | Mar '26 Mar 31, 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 | 11,566 | 11,817 | 11,111 | 10,589 | 11,137 | 9,706 |
Revenue Growth | 1.95% | 6.35% | 4.93% | -4.92% | 14.74% | 14.12% |
Gross Profit Gross Profit Growth | 6,416 | 6,696 | 6,307 | 5,931 | 6,115 | 5,473 |
Operating Income Operating Income Growth | 5,098 | 4,762 | 4,466 | 4,208 | 4,435 | 3,671 |
Net Income Net Income Growth | 4,698 | 4,912 | 4,290 | 3,829 | 3,815 | 2,936 |
Earnings Per Share EPS Growth | 4.62 | 4.82 | 4.21 | 3.80 | 3.75 | 2.86 |
EPS Growth | 6.70% | 14.49% | 10.79% | 1.33% | 31.12% | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 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 | 4,837 | 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 | 953 | 923 | 882 | 857 | 803 | 772 |
Crude Oil and Products Logistics - Product Related Crude Oil and Products Logistics - Product Related Growth | 16 | 16 | 18 | 18 | 19 | 14 |
Crude Oil and Products Logistics - Sales-type Lease Crude Oil and Products Logistics - Sales-type Lease Growth | 435 | 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 | 249 | 243 | 269 | 270 | 197 | 153 |
Crude Oil and Products Logistics - Other Income Crude Oil and Products Logistics - Other Income Growth | 113 | 121 | 152 | 68 | 57 | 61 |
Natural Gas and NGL Services - Service Natural Gas and NGL Services - Service Growth | 2,483 | 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 | 228 | 226 | 222 | 208 | 287 | 347 |
Natural Gas and NGL Services - Product Related Natural Gas and NGL Services - Product Related Growth | 2,279 | 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 | 162 | 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 | 444 | 454 | 533 | 330 | 279 | 168 |
Natural Gas and NGL Services - Other Income Natural Gas and NGL Services - Other Income Growth | 713 | 706 | 75 | 179 | 539 | 70 |
Revenue (Total) Revenue (Total) Growth | 11,566 | 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 | Mar '26 Mar 31, 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 | 1,506 | 2,137 | 1,519 | 1,048 | 238 | 13 |
Total Debt Total Debt Growth | 25,895 | 25,923 | 21,210 | 20,687 | 20,072 | 18,835 |
Net Cash (Debt) Net Cash Growth | -24,389 | -23,786 | -19,691 | -19,639 | -19,834 | -18,822 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -23.96 | -23.34 | -19.36 | -19.60 | -19.64 | -18.33 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 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 | 6,010 | 5,909 | 5,946 | 5,397 | 5,019 | 4,911 |
Capital Expenditures CapEx Growth | -2,116 | -1,808 | -1,056 | -937 | -806 | -529 |
Free Cash Flow Free Cash Flow Growth | 3,894 | 4,101 | 4,890 | 4,460 | 4,213 | 4,382 |
Free Cash Flow Growth | -19.43% | -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 | Mar '26 Mar 31, 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 | 55.47% | 56.66% | 56.76% | 56.01% | 54.91% | 56.39% |
Operating Margin | 44.08% | 40.30% | 40.19% | 39.74% | 39.82% | 37.82% |
Pretax Margin | 41.03% | 41.97% | 39.30% | 37.56% | 35.79% | 32.07% |
Profit Margin | 40.96% | 41.91% | 39.21% | 37.45% | 35.72% | 32.06% |
FCF Margin | 33.67% | 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 | Jul '26 Jul 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 |
Dividend Per Share Dividend Per Share Growth | 4.306 | 4.066 | 3.613 | 3.250 | 2.960 | 2.785 |
Dividend Per Share Growth | 12.54% | 12.54% | 11.17% | 9.80% | 6.28% | 1.27% |
Dividend Yield | 7.47% | 7.47% | 7.41% | 8.77% | 8.92% | 11.43% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 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 |
PE Ratio | 12.49 | 11.07 | 11.37 | 9.66 | 8.76 | 10.35 |
Forward PE | 12.38 | 12.06 | 11.11 | 9.37 | 9.75 | 9.85 |
P/FCF Ratio | 15.07 | 13.21 | 9.96 | 8.26 | 7.82 | 6.89 |
PS Ratio | 5.00 | 4.58 | 4.38 | 3.48 | 2.96 | 3.11 |