MPLX LP revenue and financials

MPLX · NYSE · USD

$57.77+0.70%+$0.40

Close · October 6, 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.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets42,96942,93343,00543,22737,84138,97237,51138,51538,40236,46136,52936,120
Current assets2,8763,5223,9944,5953,1734,5213,2764,2184,1962,1392,8082,736
Cash and equivalents1,0311,5062,1371,7651,3862,5341,5192,4262,5013851,048960
Receivables1,5941,7561,6431,5801,5551,7491,5441,5721,4821,5261,5621,574
Inventory200178172175192186180171168163159154
Net property, plant and equipment23,14422,49922,21321,84719,68919,65719,65319,65019,69419,81619,75519,118
Goodwill8,7368,7368,7558,7327,6457,6457,6457,6457,6457,6457,6457,645
Other intangible assets1,3201,3591,3971,443497529518551585618654609
Long-term investments5,1494,9814,7984,7925,0244,7514,5314,5584,3734,3433,7434,099
Current liabilities3,2243,1923,2493,5023,0694,1693,2354,2674,2262,9602,6241,399
Accounts payable448432398405434437435384382393431444
Long-term debt24,38424,37724,14724,13819,72019,71319,25019,24419,23918,79919,29120,410
Total debt26,13326,13426,16226,13821,713———————
Total liabilities28,71728,63628,47728,70323,79224,90423,50124,53324,51622,81422,94522,804
Total equity (incl. minority)14,25214,29714,52814,52414,04914,06814,01013,98213,88613,64713,58413,316
Minority interest225226227228229230231232233234235236