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 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 | 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 Revenue | 12,054 | 11,474 | 10,904 | 10,434 | 10,541 | 9,575 |
Other Revenue | 354 | 343 | 207 | 155 | 596 | 131 |
| 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% |
Cost of Revenue | 5,606 | 5,121 | 4,804 | 4,658 | 5,022 | 4,233 |
Gross Profit | 6,802 | 6,696 | 6,307 | 5,931 | 6,115 | 5,473 |
Selling, General & Admin | 453 | 446 | 427 | 379 | 335 | 353 |
Other Operating Expenses | 141 | 137 | 131 | 131 | 115 | 120 |
Operating Expenses | 2,050 | 1,934 | 1,841 | 1,723 | 1,680 | 1,760 |
Operating Income | 4,752 | 4,762 | 4,466 | 4,208 | 4,435 | 3,713 |
Interest Expense | -1,178 | -1,030 | -944 | -897 | -848 | -793 |
Interest & Investment Income | 60 | 68 | 95 | 43 | 4 | - |
Earnings From Equity Investments | 799 | 1,181 | 822 | 692 | 476 | 321 |
Other Non Operating Income (Expenses) | -39 | -21 | -72 | -69 | -80 | -86 |
EBT Excluding Unusual Items | 4,394 | 4,960 | 4,367 | 3,977 | 3,987 | 3,155 |
Asset Writedown | - | - | - | - | - | -42 |
Other Unusual Items | - | - | - | - | -1 | - |
Pretax Income | 4,394 | 4,960 | 4,367 | 3,977 | 3,986 | 3,113 |
Income Tax Expense | 8 | 8 | 10 | 11 | 8 | 1 |
Earnings From Continuing Operations | 4,386 | 4,952 | 4,357 | 3,966 | 3,978 | 3,112 |
Minority Interest in Earnings | -40 | -40 | -40 | -38 | -34 | -35 |
Net Income | 4,346 | 4,912 | 4,317 | 3,928 | 3,944 | 3,077 |
Preferred Dividends & Other Adjustments | 3 | 3 | 36 | 120 | 153 | 141 |
Net Income to Common | 4,343 | 4,909 | 4,281 | 3,808 | 3,791 | 2,936 |
Net Income Growth | -9.67% | 14.67% | 12.42% | 0.45% | 29.12% | - |
Shares Outstanding (Basic) | 1,015 | 1,019 | 1,019 | 1,001 | 1,010 | 1,027 |
Shares Outstanding (Diluted) | 1,015 | 1,019 | 1,019 | 1,001 | 1,010 | 1,027 |
Shares Change | -0.66% | - | 1.80% | -0.89% | -1.65% | -2.28% |
EPS (Basic) | 4.28 | 4.82 | 4.20 | 3.80 | 3.75 | 2.86 |
EPS (Diluted) | 4.28 | 4.82 | 4.20 | 3.80 | 3.75 | 2.86 |
EPS Growth | -9.02% | 14.67% | 10.56% | 1.33% | 31.17% | - |
Additional Metrics
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 |
Free Cash Flow | 3,113 | 4,101 | 4,890 | 4,460 | 4,213 | 4,382 |
Free Cash Flow Per Share | 3.07 | 4.03 | 4.80 | 4.46 | 4.17 | 4.27 |
Dividend Per Share | 4.441 | 4.066 | 3.613 | 3.250 | 2.960 | 2.785 |
Dividend Growth | 12.53% | 12.54% | 11.17% | 9.80% | 6.28% | 1.27% |
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% |
Profit Margin | 35.00% | 41.54% | 38.53% | 35.96% | 34.04% | 30.25% |
Free Cash Flow Margin | 25.09% | 34.70% | 44.01% | 42.12% | 37.83% | 45.15% |
EBITDA | 6,208 | 6,113 | 5,749 | 5,421 | 5,665 | 5,000 |
EBITDA Margin | 50.03% | 51.73% | 51.74% | 51.20% | 50.87% | 51.52% |
D&A For EBITDA | 1,456 | 1,351 | 1,283 | 1,213 | 1,230 | 1,287 |
EBIT | 4,752 | 4,762 | 4,466 | 4,208 | 4,435 | 3,713 |
EBIT Margin | 38.30% | 40.30% | 40.19% | 39.74% | 39.82% | 38.26% |
Effective Tax Rate | 0.18% | 0.16% | 0.23% | 0.28% | 0.20% | 0.03% |
Revenue as Reported | 13,207 | 12,998 | 11,933 | 11,281 | 11,613 | 10,027 |