MPLX LP (MPLX)

MPLX LP Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,031	2,137	1,519	1,048	238	13
Cash & Short-Term Investments	1,031	2,137	1,519	1,048	238	13
Cash Growth	-25.61%	40.69%	44.94%	340.34%	1730.77%	-13.33%
Accounts Receivable	1,594	1,643	1,544	1,562	1,479	1,316
Receivables	1,594	1,643	1,544	1,562	1,479	1,316
Inventory	200	172	180	159	148	142
Prepaid Expenses	11	5	5	5	5	4
Other Current Assets	40	37	28	34	35	32
Total Current Assets	2,876	3,994	3,276	2,808	1,905	1,507
Property, Plant & Equipment	23,144	22,213	19,653	19,755	19,359	20,539
Long-Term Investments	5,149	4,798	4,531	3,743	4,095	3,981
Goodwill	8,736	8,755	7,645	7,645	7,645	7,657
Other Intangible Assets	1,320	1,397	518	654	705	831
Long-Term Accounts Receivable	295	425	677	790	884	856
Other Long-Term Assets	1,449	1,423	1,211	1,134	1,072	136
Total Assets	42,969	43,005	37,511	36,529	35,665	35,507

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	448	398	435	431	486	424
Accrued Expenses	667	608	539	542	506	565
Short-Term Debt	-	-	-	-	-	1,450
Current Portion of Long-Term Debt	1,251	1,500	1,692	1,134	987	497
Current Portion of Leases	55	57	48	47	48	62
Current Unearned Revenue	101	107	106	81	80	77
Other Current Liabilities	702	579	415	389	294	273
Total Current Liabilities	3,224	3,249	3,235	2,624	2,401	3,348
Long-Term Debt	24,384	24,147	19,250	19,291	18,801	18,065
Long-Term Leases	443	458	446	442	465	440
Long-Term Unearned Revenue	273	246	427	446	329	457
Long-Term Deferred Tax Liabilities	25	25	18	16	13	10
Other Long-Term Liabilities	368	352	125	126	142	170
Total Liabilities	28,717	28,477	23,501	22,945	22,151	22,490

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	14,022	14,296	13,579	12,458	11,706	11,217
Comprehensive Income & Other	5	5	-3	-4	-8	-17
Total Common Equity	14,027	14,301	13,576	12,454	11,698	11,200
Minority Interest	225	227	231	235	237	241
Shareholders' Equity	14,252	14,528	14,010	13,584	13,514	13,017
Total Liabilities & Equity	42,969	43,005	37,511	36,529	35,665	35,507

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	26,133	26,162	21,436	20,914	20,301	20,514
Net Cash (Debt)	-25,102	-24,025	-19,917	-19,866	-20,063	-20,501
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-24.69	-23.58	-19.55	-19.85	-19.86	-19.96
Filing Date Shares Outstanding	1,014	1,015	1,023	1,011	1,001	1,015
Total Common Shares Outstanding	1,014	1,016	1,017	1,003	1,001	1,016
Working Capital	-348	745	41	184	-496	-1,841
Book Value Per Share	13.83	14.08	13.35	12.41	11.69	11.02
Tangible Book Value	3,971	4,149	5,413	4,155	3,348	2,712
Tangible Book Value Per Share	3.92	4.08	5.32	4.14	3.34	2.67
Land	-	2,064	2,160	2,134	2,096	2,103
Machinery	-	3,859	3,593	3,469	3,328	3,305
Construction In Progress	-	1,465	475	540	455	411

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 4, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 19, 2026

Data Sources Report a data error