MPLX LP revenue and financials
$57.43Change from previous close: −0.59%Absolute change: −$0.34
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%.
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 5,909 | 5,946 | 5,397 | 5,019 | 4,911 | 4,521 | 4,082 | 3,071 | 1,907 | 1,491 |
| Depreciation and amortization | 1,351 | 1,283 | 1,213 | 1,230 | 1,287 | 1,377 | 1,254 | 867 | 683 | 591 |
| Capital expenditure | -1,808 | -1,056 | -937 | -806 | -529 | -1,183 | -2,408 | -2,111 | -1,411 | -1,313 |
| Investing cash flow | -4,856 | -1,995 | -1,252 | -956 | -518 | — | — | — | — | — |
| Financing cash flow | -435 | -3,480 | -3,335 | -3,838 | -4,395 | — | — | — | — | — |
| Dividends paid | -4,024 | -3,603 | -3,296 | -3,047 | -3,573 | — | — | — | — | — |
| Share repurchases | -400 | -326 | 0.0 | -491 | -630 | -33.0 | 0.0 | 0.0 | — | — |
| Debt issued | 6,591 | 1,630 | 1,589 | 6,368 | 12,668 | — | — | — | — | — |
| Debt repaid | -2,514 | -1,151 | -1,001 | -6,641 | -12,864 | — | — | — | — | — |
| Net change in cash | 618 | 471 | 810 | 225 | -2.0 | — | — | — | — | — |
| Free cash flow | 4,101 | 4,890 | 4,460 | 4,213 | 4,382 | — | — | — | — | — |
| Levered free cash flow | 2,003 | 2,537 | 2,384 | 2,593 | 2,740 | — | — | — | — | — |