MPLX
MPLX LP
NYSE: MPLX · ENERGY · OIL & GAS MIDSTREAM
$55.52
+0.80% today
Updated 2026-04-29
Market cap
$56.18B
P/E ratio
11.48
P/S ratio
4.75x
EPS (TTM)
$4.82
Dividend yield
7.31%
52W range
$45 – $60
Volume
1.8M
MPLX LP (MPLX) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $395.90M | $396.90M | $442.20M | $463.10M | $520.10M | $1.03B | $3.01B | $3.69B | $6.08B | $8.63B | $8.40B | $9.57B | $10.54B | $10.43B | $10.90B | $11.82B |
| Revenue growth (YoY) | — | +0.3% | +11.4% | +4.7% | +12.3% | +98.8% | +191.1% | +22.6% | +64.7% | +42.0% | -2.7% | +14.0% | +10.1% | -1.0% | +4.5% | +8.4% |
| Cost of revenue | $259.70M | $228.20M | $257.60M | $279.40M | $293.00M | $580.00M | $1.94B | $2.38B | $3.56B | $4.97B | $4.65B | $5.52B | $6.25B | $5.87B | $6.09B | $6.47B |
| Gross profit | $136.20M | $168.70M | $184.60M | $183.70M | $227.10M | $454.00M | $1.07B | $1.31B | $2.52B | $3.67B | $3.75B | $4.05B | $4.29B | $4.56B | $4.82B | $5.34B |
| Gross margin | 34.4% | 42.5% | 41.7% | 39.7% | 43.7% | 43.9% | 35.6% | 35.5% | 41.5% | 42.5% | 44.6% | 42.3% | 40.7% | 43.7% | 44.2% | 45.2% |
| R&D | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $30.30M | $34.30M | $49.80M | $53.70M | $64.80M | $104.00M | $193.00M | $241.00M | $291.00M | $388.00M | $378.00M | $353.00M | $335.00M | $379.00M | $427.00M | $446.00M |
| Operating income | $103.40M | $132.00M | $143.20M | $147.00M | $183.30M | $381.00M | $683.00M | $1.19B | $2.50B | $2.38B | $211.00M | $3.99B | $4.91B | $4.90B | $5.29B | $4.76B |
| Operating margin | 26.1% | 33.3% | 32.4% | 31.7% | 35.2% | 36.8% | 22.7% | 32.3% | 41.2% | 27.5% | 2.5% | 41.7% | 46.6% | 47.0% | 48.5% | 40.3% |
| EBITDA | $156.20M | $170.60M | $183.80M | $195.90M | $233.50M | $498.00M | $1.22B | $1.87B | $3.27B | $3.58B | $1.53B | $5.19B | $6.06B | $6.09B | $6.59B | $7.29B |
| EBITDA margin | 39.5% | 43.0% | 41.6% | 42.3% | 44.9% | 48.2% | 40.7% | 50.8% | 53.8% | 41.5% | 18.2% | 54.2% | 57.5% | 58.3% | 60.5% | 61.7% |
| EBIT | $103.60M | $134.30M | $144.40M | $147.00M | $183.30M | $409.00M | $633.00M | $1.19B | $2.50B | $2.32B | $149.00M | $3.91B | $4.83B | $4.87B | $5.31B | $5.94B |
| Interest expense | $0.00 | $200000.00 | $200000.00 | $200000.00 | $4.10M | $35.00M | $211.00M | $354.00M | $661.00M | $915.00M | $896.00M | $879.00M | $925.00M | $923.00M | $921.00M | $983.00M |
| Income tax | $300000.00 | $100000.00 | $300000.00 | $-200000.00 | $-100000.00 | $1.00M | $-12.00M | $1.00M | $8.00M | $380.00M | $2.00M | $1.00M | $8.00M | $11.00M | $10.00M | $8.00M |
| Effective tax rate | 0.3% | 0.1% | 2.2% | -0.3% | -0.1% | 0.6% | -5.4% | 0.1% | 0.4% | 26.9% | -0.3% | 0.0% | 0.2% | 0.3% | 0.2% | 0.2% |
| Net income | $103.30M | $134.00M | $13.10M | $77.90M | $121.30M | $156.00M | $233.00M | $794.00M | $1.82B | $1.03B | $-720.00M | $3.08B | $3.94B | $3.93B | $4.32B | $4.91B |
| Net income growth (YoY) | — | +29.7% | -90.2% | +494.7% | +55.7% | +28.6% | +49.4% | +240.8% | +129.0% | -43.2% | -169.7% | +527.4% | +28.2% | -0.4% | +9.9% | +13.8% |
| Profit margin | 26.1% | 33.8% | 3.0% | 16.8% | 23.3% | 15.1% | 7.7% | 21.5% | 29.9% | 12.0% | -8.6% | 32.1% | 37.4% | 37.6% | 39.6% | 41.6% |