NYSE · PIPE LINES (NO NATURAL GAS) · LARGE CAP
Mplx LP MPLX
14 fiscal years on record · USD · FY2025 reported · SEC filings only
In brief
What this company does
Written from the business description in MPLX LP's annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.
Growth
USD 9.7B
Revenue, FY2025 · full 14-year series below
Revenue $B
Net income $B
FY2025 · Revenue 9.7 · Net income 5.0
Compound annual growth
Revenue compounded at +5.1% a year over five years.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Profitability
51 cents
of every revenue dollar became profit
Operating margin
Net margin
FY2025 · Operating 61.1% · Net 50.9%
ROE
FY2016 · ROE 2.5%
The 14-year record
14 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue $B | 9.7 | 9.2 | 8.7 | 8.9 | 8.0 | 7.6 | 9.0 | 5.4 | 3.9 | 3.0 | 1.1 | 0.8 | 0.5 | · |
| Operating income $B | 5.9 | 5.3 | 4.9 | 4.9 | 4.0 | 0.2 | 1.5 | 2.0 | 0.8 | 0.4 | 0.3 | 0.2 | 0.1 | · |
| EBITDA $B | · | · | · | · | · | 1.6 | 2.7 | 2.9 | 1.5 | 1.0 | 0.5 | 0.3 | 0.2 | · |
| Income tax $B | · | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −0.0 | 0.0 | 0.0 | 0.0 | · |
| Net income $B | 5.0 | 4.4 | 4.0 | 4.0 | 3.1 | −0.7 | 1.0 | 1.8 | 0.8 | 0.2 | 0.2 | 0.1 | 0.1 | 0.0 |
| Free cash flow $B | 4.1 | 4.9 | 4.5 | 4.2 | 4.4 | 3.3 | 1.7 | 1.0 | 0.5 | 0.2 | 0.1 | 0.2 | 0.1 | · |
| EPS, diluted $ | · | · | · | · | · | · | · | · | · | · | · | · | · | · |
| Dividend / sh $ | · | · | · | · | · | · | · | · | · | · | · | · | · | · |
| Payout % | · | · | · | · | · | · | · | · | · | · | · | · | · | · |
| ROE % | · | · | · | · | · | · | · | · | · | 2.5 | 3.2 | 15.3 | 6.7 | 1.1 |
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
Compare
This company against its peers
Mplx LPvsPlains ALL American Pipeline LPSame industry: Pipe Lines (No Natural Gas)Mplx LPvsPlains GP Holdings LPSame industry: Pipe Lines (No Natural Gas)Mplx LPvsHF Sinclair Corp.Same industry: Pipe Lines (No Natural Gas)Mplx LPvsGenesis Energy LPSame industry: Pipe Lines (No Natural Gas)Mplx LPvsDelek Logistics Partners, LPSame industry: Pipe Lines (No Natural Gas)Mplx LPvsSouth Bow Corp.Same industry: Pipe Lines (No Natural Gas)
Provenance
Company facts, as filed
How we verify · 0 failures in 42 reconciliationsAUDITED
Reconciled in 14 of 19 fiscal years. 34 checks could not be computed.
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPipe Lines (No Natural Gas)
Listed onNYSE
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2012