MPLX LP (MPLX)

MPLX LP Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,765	1,519	1,048	238	13	15
Cash & Short-Term Investments	1,765	1,519	1,048	238	13	15
Cash Growth	-27.25%	44.94%	340.34%	1730.77%	-13.33%	-
Accounts Receivable	1,580	1,544	1,562	1,479	1,316	1,137
Other Receivables	-	-	-	-	-	27
Receivables	1,580	1,544	1,562	1,479	1,316	1,164
Inventory	175	180	159	148	142	118
Prepaid Expenses	13	5	5	5	4	4
Other Current Assets	1,062	28	34	35	32	214
Total Current Assets	4,595	3,276	2,808	1,905	1,507	1,515
Property, Plant & Equipment	21,847	19,653	19,755	19,359	20,539	21,758
Long-Term Investments	4,792	4,531	3,743	4,095	3,981	4,036
Goodwill	8,732	7,645	7,645	7,645	7,657	7,657
Other Intangible Assets	1,443	518	654	705	831	959
Long-Term Accounts Receivable	483	677	790	884	856	388
Other Long-Term Assets	1,335	1,211	1,134	1,072	136	101
Total Assets	43,227	37,511	36,529	35,665	35,507	36,414
Accounts Payable	405	435	431	486	424	410
Accrued Expenses	534	539	542	506	565	416
Short-Term Debt	-	-	-	-	1,450	-
Current Portion of Long-Term Debt	1,501	1,692	1,134	987	497	762
Current Portion of Leases	50	48	47	48	62	66
Current Unearned Revenue	118	106	81	80	77	97
Other Current Liabilities	894	415	389	294	273	335
Total Current Liabilities	3,502	3,235	2,624	2,401	3,348	2,086
Long-Term Debt	24,138	19,250	19,291	18,801	18,065	19,366
Long-Term Leases	449	446	442	465	440	482
Long-Term Unearned Revenue	238	427	446	329	457	368
Long-Term Deferred Tax Liabilities	20	18	16	13	10	12
Other Long-Term Liabilities	356	125	126	142	170	115
Total Liabilities	28,703	23,501	22,945	22,151	22,490	22,429
Common Stock	14,291	13,579	12,458	11,706	11,217	12,176
Comprehensive Income & Other	5	-3	-4	-8	-17	-15
Total Common Equity	14,296	13,576	12,454	11,698	11,200	12,161
Minority Interest	228	231	235	237	241	245
Shareholders' Equity	14,524	14,010	13,584	13,514	13,017	13,985
Total Liabilities & Equity	43,227	37,511	36,529	35,665	35,507	36,414
Total Debt	26,138	21,436	20,914	20,301	20,514	20,676
Net Cash (Debt)	-24,373	-19,917	-19,866	-20,063	-20,501	-20,661
Net Cash Per Share	-23.90	-19.58	-19.83	-19.86	-19.96	-19.66
Filing Date Shares Outstanding	1,017	1,023	1,011	1,001	1,015	1,037
Total Common Shares Outstanding	1,018	1,017	1,003	1,001	1,016	1,039
Working Capital	1,093	41	184	-496	-1,841	-571
Book Value Per Share	14.05	13.35	12.41	11.69	11.02	11.71
Tangible Book Value	4,121	5,413	4,155	3,348	2,712	3,545
Tangible Book Value Per Share	4.05	5.32	4.14	3.34	2.67	3.41
Land	-	2,160	2,134	2,096	2,103	2,091
Machinery	-	3,593	3,469	3,328	3,305	3,976
Construction In Progress	-	475	540	455	411	549

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q