MPLX Lp (MPLX) — Financial statements
Income statement, balance sheet, and cash flow for MPLX Lp — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 11,817↑8.4% | 10,904↑4.5% | 10,434↓1.0% | 10,541↑10.1% | 9,575 | |
| Cost of Revenue | 6,472↑6.3% | 6,087↑3.7% | 5,871↓6.1% | 6,252↑13.3% | 5,520 | |
| Gross Profit | 5,345↑11.0% | 4,817↑5.6% | 4,563↑6.4% | 4,289↑5.8% | 4,055 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 446↑4.4% | 427↑12.7% | 379↑13.1% | 335↓5.1% | 353 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 446↑4.4% | 427↑12.7% | 379↑13.1% | 335↓5.1% | 353 | |
| Other Expenses | 137↑115.3% | -898↓25.4% | -716↑25.2% | -957↓230.0% | -290 | |
| Operating Expenses | 583↑223.8% | -471↓39.8% | -337↑45.8% | -622↓1087.3% | 63 | |
| Total Costs & Expenses | 7,055↑25.6% | 5,616↑1.5% | 5,534↓1.7% | 5,630↑0.8% | 5,583 | |
| Operating Results | ||||||
| Operating Income | 4,762↓9.9% | 5,288↑7.9% | 4,900↓0.2% | 4,911↑23.0% | 3,992 | |
| Depreciation & Amortization | 1,351↑5.3% | 1,283↑5.8% | 1,213↓1.4% | 1,230↓4.4% | 1,287 | |
| EBITDA | 7,294↑10.6% | 6,594↑8.3% | 6,087↑0.4% | 6,064↑16.8% | 5,193 | |
| EBIT | 5,943↑11.9% | 5,311↑9.0% | 4,874↑0.8% | 4,834↑23.8% | 3,906 | |
| Interest & Other Income | ||||||
| Net Interest Income | -983↓6.7% | -921↑0.2% | -923↑0.2% | -925↓5.2% | -879 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 983↑6.7% | 921↓0.2% | 923↓0.2% | 925↑5.2% | 879 | |
| Non-Operating Income | -1,181↓5034.8% | -23↓188.5% | 26↓66.2% | 77↓10.5% | 86 | |
| Other Income / Expenses | 198↑121.5% | -921↑0.2% | -923↑0.2% | -925↓5.2% | -879 | |
| Income Before Tax | 4,960↑13.6% | 4,367↑9.8% | 3,977↓0.2% | 3,986↑28.0% | 3,113 | |
| Income Tax Expense | 8↓20.0% | 10↓9.1% | 11↑37.5% | 8↑700.0% | 1 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 4,952↑13.7% | 4,357↑9.9% | 3,966↓0.3% | 3,978↑27.8% | 3,112 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 4,912↑13.8% | 4,317↑9.9% | 3,928↓0.4% | 3,944↑28.2% | 3,077 | |
| Bottom-Line Net Income | 4,912↑14.5% | 4,290↑12.0% | 3,829↑0.4% | 3,815↑29.9% | 2,936 | |
| EPS (Basic) | 4.82↑14.5% | 4.21↑9.9% | 3.83↑2.1% | 3.75↑31.1% | 2.86 | |
| EPS (Diluted) | 4.82↑14.5% | 4.21↑10.2% | 3.82↑1.9% | 3.75↑31.1% | 2.86 | |
| Weighted Average Shares | 1,019↑0.3% | 1,016↑1.5% | 1,001↓0.9% | 1,010↓1.7% | 1,027 | |
| Weighted Average Diluted Shares | 1,019↑0.2% | 1,017↑1.5% | 1,002↓0.8% | 1,010↓1.7% | 1,027 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.