Income Statement - MPLX LP (MPLX)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 11,817.00 | 10,904.00 | 10,434.00 | 10,541.00 | 9,575.00 | 8,398.00 | 8,632.00 | 6,079.00 | 3,691.00 | 3,010.00 | 1,034.00 | 520.10 | 463.10 | 442.20 | 396.90 | 395.90 |
| Cost of revenue | 6,472.00 | 6,087.00 | 5,871.00 | 6,252.00 | 5,520.00 | 4,653.00 | 4,966.00 | 3,559.00 | 2,381.00 | 1,939.00 | 580.00 | 293.00 | 279.40 | 257.60 | 228.20 | 259.70 |
| Gross profit | 5,345.00 | 4,817.00 | 4,563.00 | 4,289.00 | 4,055.00 | 3,745.00 | 3,666.00 | 2,520.00 | 1,310.00 | 1,071.00 | 454.00 | 227.10 | 183.70 | 184.60 | 168.70 | 136.20 |
| Total operating expenses | 583.00 | -471.00 | -337.00 | -622.00 | 63.00 | 3,534.00 | 1,289.00 | 257.00 | 197.00 | 388.00 | 73.00 | 43.80 | 36.70 | 41.40 | 36.70 | 32.80 |
| Operating income | 4,762.00 | 5,288.00 | 4,900.00 | 4,911.00 | 3,992.00 | 211.00 | 2,377.00 | 2,503.00 | 1,191.00 | 683.00 | 381.00 | 183.30 | 147.00 | 143.20 | 132.00 | 103.40 |
| Non-operating income (net) | 198.00 | -921.00 | -923.00 | -925.00 | -879.00 | -896.00 | -915.00 | -661.00 | -354.00 | -437.00 | -222.00 | -5.30 | -1.10 | 1.10 | 2.10 | 0.20 |
| Income before tax | 4,960.00 | 4,367.00 | 3,977.00 | 3,986.00 | 3,113.00 | -685.00 | 1,462.00 | 1,842.00 | 837.00 | 246.00 | 159.00 | 178.00 | 145.90 | 144.30 | 134.10 | 103.60 |
| Income tax expense | 8.00 | 10.00 | 11.00 | 8.00 | 1.00 | 2.00 | 380.00 | 8.00 | 1.00 | -12.00 | 1.00 | -0.10 | -0.20 | 0.30 | 0.10 | 0.30 |
| Net income | 4,912.00 | 4,317.00 | 3,928.00 | 3,944.00 | 3,077.00 | -720.00 | 1,033.00 | 1,818.00 | 794.00 | 233.00 | 156.00 | 121.30 | 77.90 | 13.10 | 134.00 | 103.30 |
Show Quarterly Income Statement
Income Statement - MPLX LP (MPLX)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 2,863.00 | 3,097.00 | 3,619.00 | 2,788.00 | 2,887.00 | 2,840.00 | 2,776.00 | 2,684.00 | 2,604.00 | 2,675.00 | 2,714.00 | 2,496.00 | 2,549.00 | 2,501.00 | 2,743.00 | 2,796.00 | 2,501.00 | 2,594.00 | 2,442.00 | 2,299.00 | 2,240.00 | 2,109.00 | 2,137.00 | 1,965.00 | 2,111.00 | 2,245.00 | 2,152.00 | 2,096.00 | 2,132.00 | 1,625.00 | 1,619.00 | 1,503.00 | 1,332.00 | 1,013.00 | 933.00 | 889.00 | 856.00 | 692.00 | 807.00 | 756.00 | 617.00 | 257.10 | 195.00 | 193.00 | 183.00 | 131.90 | 130.70 | 126.80 | 130.70 | 118.90 | 118.20 | 116.10 | 109.90 | 108.60 | 116.20 | 105.60 | 97.50 | 104.10 | 109.30 | 102.80 | 94.40 | 404.30 |
| Cost of revenue | 1,689.00 | 1,632.00 | 1,418.00 | 1,571.00 | 1,613.00 | 1,584.00 | 1,558.00 | 1,493.00 | 1,452.00 | 1,463.00 | 1,612.00 | 1,398.00 | 1,398.00 | 1,497.00 | 1,609.00 | 1,708.00 | 1,438.00 | 1,565.00 | 1,407.00 | 1,301.00 | 1,247.00 | 1,208.00 | 1,183.00 | 1,077.00 | 1,185.00 | 1,341.00 | 1,223.00 | 1,210.00 | 1,192.00 | 958.00 | 944.00 | 881.00 | 776.00 | 669.00 | 596.00 | 566.00 | 550.00 | 460.00 | 512.00 | 493.00 | 401.00 | 168.40 | 121.00 | 106.00 | 101.00 | 81.20 | 76.80 | 71.80 | 63.20 | 74.50 | 69.60 | 71.30 | 64.00 | 121.60 | 70.60 | 60.90 | 53.60 | 48.60 | 39.70 | 43.80 | 31.20 | 218.00 |
| Gross profit | 1,174.00 | 1,465.00 | 2,201.00 | 1,217.00 | 1,274.00 | 1,256.00 | 1,218.00 | 1,191.00 | 1,152.00 | 1,212.00 | 1,102.00 | 1,098.00 | 1,151.00 | 1,004.00 | 1,134.00 | 1,088.00 | 1,063.00 | 1,029.00 | 1,035.00 | 998.00 | 993.00 | 901.00 | 954.00 | 888.00 | 926.00 | 904.00 | 929.00 | 886.00 | 940.00 | 667.00 | 675.00 | 622.00 | 556.00 | 344.00 | 337.00 | 323.00 | 306.00 | 232.00 | 295.00 | 263.00 | 216.00 | 88.70 | 74.00 | 87.00 | 82.00 | 50.70 | 53.90 | 55.00 | 67.50 | 44.40 | 48.60 | 44.80 | 45.90 | -13.00 | 45.60 | 44.70 | 43.90 | 55.50 | 69.60 | 59.00 | 63.20 | 186.30 |
| Total operating expenses | 150.00 | 137.00 | 400.00 | -76.00 | -92.00 | -87.00 | -57.00 | -228.00 | -99.00 | -163.00 | -52.00 | -77.00 | -45.00 | -56.00 | -540.00 | -29.00 | 3.00 | -27.00 | 4.00 | 67.00 | 19.00 | -19.00 | 55.00 | 10.00 | 3,412.00 | 1,250.00 | 3.00 | 1.00 | 28.00 | 1.00 | 3.00 | 14.00 | -1.00 | 9.00 | 26.00 | 43.00 | 41.00 | 35.00 | 37.00 | 135.00 | 166.00 | 38.60 | 6.00 | 5.00 | 8.00 | 12.20 | 9.70 | 10.70 | 11.20 | 7.90 | 8.80 | 9.60 | 10.40 | -55.50 | 9.30 | 15.20 | 9.00 | 30.90 | 30.50 | 27.30 | 26.60 | 0.00 |
| Operating income | 1,024.00 | 1,328.00 | 1,801.00 | 1,293.00 | 1,366.00 | 1,343.00 | 1,275.00 | 1,419.00 | 1,251.00 | 1,375.00 | 1,154.00 | 1,175.00 | 1,196.00 | 1,060.00 | 1,674.00 | 1,117.00 | 1,060.00 | 1,056.00 | 1,031.00 | 931.00 | 974.00 | 920.00 | 899.00 | 878.00 | -2,486.00 | -346.00 | 926.00 | 885.00 | 912.00 | 666.00 | 672.00 | 608.00 | 557.00 | 335.00 | 311.00 | 280.00 | 265.00 | 197.00 | 258.00 | 128.00 | 50.00 | 50.10 | 68.00 | 82.00 | 74.00 | 38.50 | 44.20 | 44.30 | 56.30 | 36.50 | 39.80 | 35.20 | 35.50 | 42.50 | 36.30 | 29.50 | 34.90 | 24.60 | 39.10 | 31.70 | 36.60 | 120.10 |
| Non-operating income (net) | -101.00 | -122.00 | -243.00 | -234.00 | -229.00 | -229.00 | -226.00 | -231.00 | -235.00 | -222.00 | -225.00 | -233.00 | -243.00 | -234.00 | -236.00 | -233.00 | -222.00 | -218.00 | -220.00 | -216.00 | -225.00 | -219.00 | -224.00 | -223.00 | -230.00 | -229.00 | -233.00 | -396.00 | -405.00 | -227.00 | -153.00 | -151.00 | -130.00 | -96.00 | -93.00 | -87.00 | -78.00 | -65.00 | -115.00 | -116.00 | -91.00 | -30.10 | -26.10 | -30.60 | -28.10 | -2.30 | -1.10 | -1.30 | -0.60 | -0.40 | -0.20 | -0.30 | -0.20 | -0.20 | 0.50 | 0.40 | 0.40 | 0.20 | 0.20 | 1.10 | 0.60 | -16.50 |
| Income before tax | 923.00 | 1,206.00 | 1,558.00 | 1,059.00 | 1,137.00 | 1,114.00 | 1,049.00 | 1,188.00 | 1,016.00 | 1,153.00 | 929.00 | 942.00 | 953.00 | 826.00 | 1,438.00 | 884.00 | 838.00 | 838.00 | 811.00 | 715.00 | 749.00 | 701.00 | 675.00 | 655.00 | -2,716.00 | -575.00 | 693.00 | 489.00 | 507.00 | 439.00 | 519.00 | 457.00 | 427.00 | 239.00 | 218.00 | 193.00 | 187.00 | 132.00 | 143.00 | 12.00 | -41.00 | 20.00 | 41.90 | 51.40 | 45.90 | 36.20 | 43.10 | 43.00 | 55.70 | 36.10 | 39.60 | 34.90 | 35.30 | 42.30 | 36.80 | 29.90 | 35.30 | 24.80 | 39.30 | 32.80 | 37.20 | 103.60 |
| Income tax expense | 1.00 | 3.00 | 3.00 | 1.00 | 1.00 | 5.00 | 2.00 | 2.00 | 1.00 | 9.00 | 1.00 | 9.00 | 1.00 | 2.00 | 1.00 | 337.00 | 5.00 | 218.00 | -3.00 | 272.00 | 1.00 | 1.00 | 1.00 | 303.00 | -1,271.00 | -2.00 | 4.00 | -1.00 | -1.00 | 96.00 | 3.00 | 1.00 | 4.00 | -2.00 | 1.00 | 2.00 | -79.00 | -90.00 | -79.00 | -8.00 | -4.00 | 1.90 | 0.10 | -6.10 | -12.40 | -0.20 | 1.50 | 0.10 | 8.90 | -0.70 | 0.40 | 0.10 | 18.10 | 0.20 | -0.10 | 0.10 | 0.10 | 0.10 | 0.00 | 0.10 | 0.70 | 0.30 |
| Net income | 912.00 | 1,193.00 | 1,545.00 | 1,048.00 | 1,126.00 | 1,099.00 | 1,037.00 | 1,176.00 | 1,005.00 | 1,134.00 | 918.00 | 933.00 | 943.00 | 816.00 | 1,428.00 | 875.00 | 825.00 | 830.00 | 802.00 | 706.00 | 739.00 | 691.00 | 665.00 | 648.00 | -2,724.00 | -581.00 | 629.00 | 482.00 | 503.00 | 434.00 | 510.00 | 453.00 | 421.00 | 238.00 | 216.00 | 190.00 | 150.00 | 133.00 | 141.00 | 19.00 | -60.00 | 17.70 | 41.00 | 51.00 | 46.00 | 29.20 | 29.10 | 28.80 | 34.20 | 20.20 | 21.50 | 18.60 | 17.60 | -88.80 | 36.90 | 29.80 | 35.20 | 24.70 | 39.30 | 32.80 | 37.20 | 103.30 |