MPLX LP (MPLXP)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-312013-Dec-31
Fiscal PeriodQ3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014Q4-FY2013
Total Revenue3,619,000,000$3,003,000,000$3,124,000,000$3,063,000,000$2,972,000,000$3,052,000,000$2,846,000,000$2,966,000,000$2,912,000,000$2,690,000,000$2,713,000,000$2,662,000,000$3,401,000,000$2,940,000,000$2,610,000,000$2,734,000,000$2,559,000,000$2,395,000,000$2,339,000,000$2,249,000,000$2,247,000,000$2,081,000,000$1,781,000,000$2,316,000,000$2,280,000,000$2,210,000,000$2,235,000,000$2,295,000,000$1,712,000,000$1,578,000,000$1,420,000,000$1,085,000,000$980,000,000$916,000,000$886,000,000$848,000,000$838,000,000$698,000,000$645,000,000$333,000,000$214,000,000$213,000,000$201,000,000$132,000,000$131,000,000$126,800,000$131,000,000$125,300,000$
QoQ%20.51%(3.87%)1.99%3.06%(2.62%)7.24%(4.05%)1.85%8.25%(.85%)1.92%(21.73%)15.68%12.64%(4.54%)6.84%6.85%2.39%4.00%.09%7.98%16.84%(23.10%)1.58%3.17%(1.12%)(2.61%)34.05%8.49%11.13%30.88%10.71%6.99%3.39%4.48%1.19%20.06%8.22%93.69%55.61%.47%5.97%52.27%.76%3.31%(3.21%)4.55%1.21%
YoY%21.77%(1.61%)9.77%3.27%2.06%13.46%4.90%11.42%(14.38%)(8.50%)3.95%(2.63%)32.90%22.76%11.59%21.57%13.89%15.09%31.33%(2.89%)(1.45%)(5.84%)(20.31%).92%33.18%40.05%57.39%111.52%74.69%72.27%60.27%27.95%16.95%31.23%37.36%154.66%291.59%227.70%220.90%152.27%63.36%67.98%53.44%5.35%5.82%3.76%19.20%
Cost Of Revenue1,234,000,000$1,125,000,000$1,174,000,000$324,000,000$1,129,000,000$1,080,000,000$1,057,000,000$306,000,000$301,000,000$310,000,000$296,000,000$305,000,000$302,000,000$310,000,000$313,000,000$316,000,000$324,000,000$318,000,000$329,000,000$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$
Gross Profit2,385,000,000$1,878,000,000$1,950,000,000$2,739,000,000$1,843,000,000$1,972,000,000$1,789,000,000$2,660,000,000$2,611,000,000$2,380,000,000$2,417,000,000$2,357,000,000$3,099,000,000$2,630,000,000$2,297,000,000$2,418,000,000$2,235,000,000$2,077,000,000$2,010,000,000$2,249,000,000$2,247,000,000$2,081,000,000$1,781,000,000$2,316,000,000$2,280,000,000$2,210,000,000$2,235,000,000$2,295,000,000$1,712,000,000$1,578,000,000$1,420,000,000$1,085,000,000$980,000,000$916,000,000$886,000,000$848,000,000$838,000,000$698,000,000$645,000,000$333,000,000$214,000,000$213,000,000$201,000,000$132,000,000$131,000,000$126,800,000$131,000,000$125,300,000$
Gross Margin65.90%62.54%62.42%89.42%62.01%64.61%62.86%89.68%89.66%88.48%89.09%88.54%91.12%89.46%88.01%88.44%87.34%86.72%85.93%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Operating Expenses584,000,000$585,000,000$584,000,000$1,396,000,000$568,000,000$553,000,000$538,000,000$1,285,000,000$1,457,000,000$1,205,000,000$1,221,000,000$1,297,000,000$1,425,000,000$1,513,000,000$1,237,000,000$86,000,000$97,000,000$87,000,000$95,000,000$89,000,000$99,000,000$97,000,000$98,000,000$95,000,000$103,000,000$90,000,000$101,000,000$99,000,000$76,000,000$72,000,000$69,000,000$67,000,000$59,000,000$57,000,000$58,000,000$55,000,000$56,000,000$63,000,000$53,000,000$57,000,000$25,000,000$21,000,000$22,000,000$33,900,000$15,300,000$15,900,000$15,900,000$12,600,000$
Operating Income1,801,000,000$1,293,000,000$1,366,000,000$1,343,000,000$1,275,000,000$1,419,000,000$1,251,000,000$1,375,000,000$1,154,000,000$1,175,000,000$1,196,000,000$1,060,000,000$1,674,000,000$1,117,000,000$1,060,000,000$
Operating Margin49.77%43.06%43.73%43.85%42.90%46.49%43.96%46.36%39.63%43.68%44.08%39.82%49.22%37.99%40.61%
Interest Income16,000,000$16,000,000$18,000,000$27,000,000$35,000,000$18,000,000$15,000,000$16,000,000$12,000,000$7,000,000$8,000,000$0$0$
Interest Expenses0$2,000,000$18,000,000$19,000,000$
Income Before Tax1,558,000,000$1,059,000,000$1,137,000,000$1,114,000,000$1,049,000,000$1,188,000,000$1,016,000,000$1,153,000,000$929,000,000$942,000,000$953,000,000$826,000,000$1,438,000,000$884,000,000$838,000,000$838,000,000$811,000,000$715,000,000$749,000,000$701,000,000$675,000,000$655,000,000$(2,716,000,000$)(575,000,000$)693,000,000$656,000,000$688,000,000$611,000,000$519,000,000$457,000,000$427,000,000$239,000,000$218,000,000$193,000,000$187,000,000$182,000,000$194,000,000$64,000,000$(18,000,000$)127,000,000$63,000,000$76,000,000$68,000,000$98,200,000$43,100,000$43,000,000$55,700,000$36,200,000$
Tax Expenses3,000,000$1,000,000$1,000,000$5,000,000$2,000,000$2,000,000$1,000,000$9,000,000$1,000,000$0$1,000,000$2,000,000$1,000,000$0$5,000,000$0$0$0$1,000,000$1,000,000$1,000,000$4,000,000$(1,000,000$)(1,000,000$)0$3,000,000$1,000,000$4,000,000$(2,000,000$)1,000,000$2,000,000$0$0$0$(8,000,000$)(4,000,000$)1,000,000$0$0$0$900,000$0$100,000$0$(500,000$)
Net Income1,555,000,000$1,058,000,000$1,136,000,000$1,109,000,000$1,047,000,000$1,186,000,000$1,015,000,000$1,144,000,000$928,000,000$942,000,000$952,000,000$824,000,000$1,437,000,000$884,000,000$833,000,000$838,000,000$811,000,000$715,000,000$748,000,000$700,000,000$674,000,000$655,000,000$(2,716,000,000$)(573,000,000$)689,000,000$657,000,000$689,000,000$611,000,000$516,000,000$456,000,000$423,000,000$241,000,000$217,000,000$191,000,000$187,000,000$182,000,000$194,000,000$72,000,000$(14,000,000$)42,000,000$63,000,000$76,000,000$68,000,000$37,000,000$43,000,000$42,000,000$56,000,000$36,800,000$
Profit Margin42.97%35.23%36.36%36.21%35.23%38.86%35.66%38.57%31.87%35.02%35.09%30.95%42.25%30.07%31.92%30.65%31.69%29.85%31.98%31.13%30.00%31.48%(152.50%)(24.74%)30.22%29.73%30.83%26.62%30.14%28.90%29.79%22.21%22.14%20.85%21.11%21.46%23.15%10.32%(2.17%)12.61%29.44%35.68%33.83%28.03%32.82%33.12%42.75%29.37%
TTM37.93%35.77%36.67%36.51%37.11%36.29%35.30%35.16%33.22%36.24%34.97%34.26%34.16%31.04%31.05%31.04%31.17%30.74%31.15%(8.22%)(23.26%)(23.00%)(22.63%)16.17%29.34%29.26%29.05%28.64%28.23%26.41%24.36%21.62%21.41%21.62%19.42%14.33%11.70%8.62%11.89%25.91%32.11%33.09%32.16%34.18%34.59%34.33%33.21%30.36%
Earnings to Minority10,000,000$10,000,000$10,000,000$10,000,000$10,000,000$10,000,000$10,000,000$10,000,000$10,000,000$9,000,000$9,000,000$8,000,000$9,000,000$9,000,000$8,000,000$8,000,000$9,000,000$9,000,000$9,000,000$9,000,000$9,000,000$7,000,000$8,000,000$8,000,000$8,000,000$6,000,000$6,000,000$5,000,000$6,000,000$3,000,000$2,000,000$3,000,000$1,000,000$1,000,000$1,000,000$(1,000,000$)2,000,000$1,000,000$0$0$0$1,000,000$300,000$7,400,000$14,000,000$14,100,000$21,500,000$16,400,000$
Earnings to Common Shareholders1,544,000,000$1,048,000,000$1,126,000,000$1,091,000,000$1,031,000,000$1,167,000,000$992,000,000$1,104,000,000$892,000,000$906,000,000$938,000,000$816,000,000$1,428,000,000$875,000,000$825,000,000$830,000,000$802,000,000$706,000,000$739,000,000$691,000,000$665,000,000$648,000,000$(2,724,000,000$)(581,000,000$)629,000,000$482,000,000$503,000,000$434,000,000$510,000,000$453,000,000$421,000,000$238,000,000$216,000,000$190,000,000$150,000,000$133,000,000$141,000,000$19,000,000$(60,000,000$)18,000,000$41,000,000$51,000,000$46,000,000$29,000,000$30,000,000$28,000,000$34,000,000$20,200,000$
QoQ%47.33%(6.93%)3.21%5.82%(11.65%)17.64%(10.15%)23.77%(1.55%)(3.41%)14.95%(42.86%)63.20%6.06%(.60%)3.49%13.60%(4.47%)6.95%3.91%2.62%123.79%(368.85%)(192.37%)30.50%(4.18%)15.90%(14.90%)12.58%7.60%76.89%10.19%13.68%26.67%12.78%(5.67%)642.11%131.67%(433.33%)(56.10%)(19.61%)10.87%58.62%(3.33%)7.14%(17.65%)68.32%(6.05%)
YoY%49.76%(10.20%)13.51%(1.18%)15.58%28.81%5.76%35.29%(37.54%)3.54%13.70%(1.69%)78.06%23.94%11.64%20.12%20.60%8.95%127.13%218.93%5.72%34.44%(641.55%)(233.87%)23.33%6.40%19.48%82.35%136.11%138.42%180.67%78.95%53.19%900.00%350.00%638.89%243.90%(62.75%)(230.44%)(37.93%)36.67%82.14%35.29%43.56%39.54%50.54%93.18%54.20%
Earnings Per Share, Basic
Earnings Per Share, Diluted
Unlevered FCF Per Share, Basic
Unlevered FCF Per Share, Diluted
Average Shares, Basic
Average Shares, Diluted
EBIT1,558,000,000$1,059,000,000$1,137,000,000$1,114,000,000$1,049,000,000$1,188,000,000$1,016,000,000$1,153,000,000$931,000,000$942,000,000$953,000,000$844,000,000$1,457,000,000$884,000,000$838,000,000$838,000,000$811,000,000$715,000,000$749,000,000$701,000,000$675,000,000$655,000,000$(2,716,000,000$)(575,000,000$)693,000,000$656,000,000$688,000,000$611,000,000$519,000,000$457,000,000$427,000,000$239,000,000$218,000,000$193,000,000$187,000,000$182,000,000$194,000,000$64,000,000$(18,000,000$)127,000,000$63,000,000$76,000,000$68,000,000$98,200,000$43,100,000$43,000,000$55,700,000$36,200,000$
EBITDA1,558,000,000$1,059,000,000$1,137,000,000$1,114,000,000$1,049,000,000$1,188,000,000$1,016,000,000$1,153,000,000$931,000,000$942,000,000$953,000,000$844,000,000$1,457,000,000$884,000,000$838,000,000$838,000,000$811,000,000$715,000,000$749,000,000$701,000,000$675,000,000$655,000,000$(2,716,000,000$)(575,000,000$)693,000,000$656,000,000$688,000,000$611,000,000$519,000,000$457,000,000$427,000,000$239,000,000$218,000,000$193,000,000$187,000,000$182,000,000$194,000,000$64,000,000$(18,000,000$)127,000,000$63,000,000$76,000,000$68,000,000$98,200,000$43,100,000$43,000,000$55,700,000$36,200,000$