MPLX LP revenue and financials
$57.56Change from previous close: +0.33%Absolute change: +$0.19
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 3,132 | 2,856 | 3,097 | 2,949 | 2,833 | 2,938 | 2,892 | 2,823 | 2,707 | 2,689 | 2,804 | 2,753 |
| Cost of revenue | 1,427 | 1,316 | 1,277 | 1,310 | 1,247 | 1,287 | 1,260 | 1,236 | 1,173 | 1,135 | 1,157 | 1,311 |
| Gross profit | 1,705 | 1,540 | 1,820 | 1,639 | 1,586 | 1,651 | 1,632 | 1,587 | 1,534 | 1,554 | 1,647 | 1,442 |
| Selling, general and administrative | 108 | 114 | 101 | 126 | 107 | 112 | 104 | 107 | 107 | 109 | 99.0 | 102 |
| Operating income | 1,198 | 1,032 | 1,328 | 1,131 | 1,123 | 1,180 | 1,172 | 1,126 | 1,074 | 1,094 | 1,213 | 995 |
| EBIT | 1,198 | 1,032 | 1,328 | 1,131 | 1,123 | 1,180 | 1,172 | 1,126 | 1,074 | 1,094 | 1,213 | 995 |
| EBITDA | 1,563 | 1,390 | 1,683 | 1,477 | 1,447 | 1,506 | 1,496 | 1,448 | 1,394 | 1,411 | 1,519 | 1,296 |
| Interest expense | 296 | 294 | 288 | 268 | 239 | 235 | 241 | 246 | 222 | 235 | 224 | 223 |
| Pre-tax income | 1,089 | 923 | 1,206 | 1,558 | 1,059 | 1,137 | 1,114 | 1,049 | 1,188 | 1,016 | 1,153 | 929 |
| Income tax | 2.0 | 1.0 | 3.0 | 3.0 | 1.0 | 1.0 | 5.0 | 2.0 | 2.0 | 1.0 | 9.0 | 1.0 |
| Net income | 1,077 | 912 | 1,193 | 1,545 | 1,048 | 1,126 | 1,099 | 1,037 | 1,176 | 1,005 | 1,134 | 918 |
| Net income to common shareholders | 1,077 | 911 | 1,192 | 1,544 | 1,048 | 1,126 | 1,091 | 1,031 | 1,167 | 992 | 1,104 | 892 |
| Basic EPS | 1.06 | 0.90 | 1.17 | 1.52 | 1.03 | 1.10 | 1.07 | 1.01 | 1.15 | 0.98 | 1.10 | 0.89 |
| Diluted EPS | 1.06 | 0.90 | 1.17 | 1.52 | 1.03 | 1.10 | 1.07 | 1.01 | 1.15 | 0.98 | 1.10 | 0.89 |
| Average shares (basic) | 1,015 | 1,015 | 1,017 | 1,019 | 1,020 | 1,020 | 1,018 | 1,020 | 1,019 | 1,008 | 1,002 | 1,001 |
| Average shares (diluted) | 1,015 | 1,015 | 1,017 | 1,019 | 1,021 | 1,020 | 1,019 | 1,020 | 1,020 | 1,008 | 1,003 | 1,001 |
| Dividend per share | 1.08 | 1.08 | 1.08 | 1.08 | 0.96 | 0.96 | 0.96 | 0.96 | 0.85 | 0.85 | 0.85 | 0.85 |