MPLX LP Income Statement

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	11,735	11,817	11,111	10,589	11,137	9,706
Revenue Growth (YoY)	3.12%	6.35%	4.93%	-4.92%	14.74%	14.12%
Cost of Revenue	5,150	5,121	4,804	4,658	5,022	4,233
Gross Profit	6,585	6,696	6,307	5,931	6,115	5,473
Selling, General & Admin	448	446	427	379	335	353
Depreciation & Amortization Expenses	1,383	1,351	1,283	1,213	1,230	1,287
Other Operating Expenses	140	137	131	131	115	162
Total Operating Expenses	1,971	1,934	1,841	1,723	1,680	1,802
Operating Income	4,614	4,762	4,466	4,208	4,435	3,671
Interest Income	1,177	1,181	822	692	476	321
Interest Expense	-1,045	-983	-921	-923	-925	-879
Total Non-Operating Income (Expense)	132	198	-99	-231	-449	-558
Pretax Income	4,746	4,960	4,367	3,977	3,986	3,113
Provision for Income Taxes	8	8	10	11	8	1
Net Income	4,698	4,912	4,290	3,829	3,815	2,936
Minority Interest in Earnings	40	40	40	38	34	35
Net Income Attributable to Preferred Dividends	-	-	27	99	129	141
Net Income to Common	4,698	4,912	4,290	3,829	3,815	2,936
Net Income Growth	6.27%	14.50%	12.04%	0.37%	29.94%	-
Shares Outstanding (Basic)	1,018	1,019	1,016	1,001	1,010	1,027
Shares Outstanding (Diluted)	1,018	1,019	1,017	1,002	1,010	1,027
Shares Change (YoY)	-0.17%	0.20%	1.50%	-0.79%	-1.61%	-2.46%
EPS (Basic)	4.62	4.82	4.21	3.80	3.75	2.86
EPS (Diluted)	4.62	4.82	4.21	3.80	3.75	2.86
EPS Growth	6.70%	14.49%	10.79%	1.33%	31.12%	-
Shares Outstanding	1,015	1,015	1,017	1,004	1,003	1,020
Free Cash Flow	3,894	4,101	4,890	4,460	4,213	4,382
Free Cash Flow Growth	-5.05%	-16.13%	9.64%	5.86%	-3.86%	31.28%
Free Cash Flow Per Share	3.83	4.02	4.81	4.45	4.17	4.27
Dividends Per Share	3.110	4.066	3.613	3.250	2.960	2.785
Dividend Growth	-23.52%	12.54%	11.17%	9.80%	6.28%	1.27%
Gross Margin	56.11%	56.66%	56.76%	56.01%	54.91%	56.39%
Operating Margin	39.32%	40.30%	40.19%	39.74%	39.82%	37.82%
Profit Margin	40.37%	41.91%	39.21%	37.45%	35.72%	32.06%
FCF Margin	33.18%	34.70%	44.01%	42.12%	37.83%	45.15%
EBITDA	6,024	6,143	5,803	5,476	5,738	5,028
EBITDA Margin	51.33%	51.98%	52.23%	51.71%	51.52%	51.80%
EBIT	4,614	4,762	4,466	4,208	4,435	3,671
EBIT Margin	39.32%	40.30%	40.19%	39.74%	39.82%	37.82%
Effective Tax Rate	0.17%	0.16%	0.23%	0.28%	0.20%	0.03%

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q