MPLX LP revenue and financials

MPLX · NYSE · USD

$57.37Change from previous close: +1.76%Absolute change: +$0.99

Close · October 5, 2026

In the fiscal year ended December 2025, MPLX LP reported revenue of $13B (+8.92% year over year). Net income was $4.95B, a net margin of 38.1%.

Annual revenue · 2025: $13B
  1. $3.03B2016
  2. $3.87B2017
  3. $7.01B2018
  4. $9.04B2019
  5. $7.57B2020
  6. $10.03B2021
  7. $11.61B2022
  8. $11.28B2023
  9. $11.93B2024
  10. $13B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+8.92%
2025 vs 2024
Net income growth
+13.66%
2025 vs 2024
Net margin
38.1%
2024: 36.5%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Annual
Item2025202420232022202120202019201820172016
Total assets43,00537,51136,52935,66535,50736,41440,43022,77919,50016,646
Current assets3,9943,2762,8081,9051,5071,5151,484897559740
Cash and equivalents2,1371,5191,04823813.015.015.068.05.0234
Receivables1,6431,5441,5621,4791,316—————
Inventory172180159148142—————
Net property, plant and equipment22,21319,65319,75519,35920,539—————
Goodwill8,7557,6457,6457,6457,6577,6579,5362,5862,2452,199
Other intangible assets1,397518654705831—————
Long-term investments4,7984,5313,7434,0953,981—————
Current liabilities3,2493,2352,6242,4013,3482,0862,1321,1861,304704
Accounts payable398435431486424—————
Long-term debt26,00621,20620,70620,10818,90920,53620,11913,8567,3624,858
Total debt26,16221,43620,91420,301——————
Total liabilities28,47723,50122,94522,15122,49022,42922,84914,9118,5275,327
Total equity (incl. minority)14,52814,01013,58413,51413,017—————
Minority interest227231235237241—————