MPLX · Mplx LP · Financials
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $13.22B | $13B | $11.93B | $11.28B | $11.61B | $10.03B | $7.57B | $9.04B | $7.01B | $3.87B | $3.03B | $1.1B | $793M | $486M | — | |
| — | — | — | — | — | $8.02B | $6.9B | $7.04B | — | — | — | — | — | — | — | |
| — | — | — | — | $327M | $376M | $398M | $257M | $352M | $277M | $298M | $20M | $0 | $0 | — | |
| $449M | $446M | $427M | $379M | $335M | $353M | $378M | $388M | $316M | $241M | $227M | $125M | $81M | $53M | — | |
| — | — | — | — | — | — | — | — | $38M | $38M | — | — | — | — | — | |
| — | — | — | — | $0 | $0 | $37M | $0 | $0 | — | — | — | — | — | — | |
| $7.35B | $7.06B | $6.65B | $6.38B | $6.7B | $6.04B | $7.36B | $6.66B | $4.28B | $2.68B | $2.35B | $720M | $548M | $339M | — | |
| $5.88B | $5.94B | $5.29B | $4.9B | $4.91B | $3.99B | $211M | — | — | — | — | — | — | — | — | |
| — | 45.72% | 44.31% | 43.44% | 42.29% | 39.81% | 2.79% | — | — | — | — | — | — | — | — | |
| $64M | $68M | $95M | $43M | $4M | — | — | — | — | — | — | — | — | — | — | |
| -$78M | — | — | — | — | -$86M | -$62M | -$53M | -$119M | -$56M | -$50M | -$12M | -$1M | -$1M | — | |
| $703M | $697M | $802M | $600M | $476M | $321M | -$936M | $290M | $247M | $78M | -$74M | $3M | $0 | $0 | — | |
| $4.78B | $4.96B | $4.37B | $3.98B | $3.99B | $3.11B | -$685M | $1.46B | $2.01B | $837M | $422M | $334M | $240M | $146M | — | |
| — | — | $10M | $11M | $8M | $1M | $2M | $0 | $8M | $1M | -$12M | $1M | $1M | $0 | — | |
| $4.77B | $4.95B | $4.36B | $3.93B | $3.94B | $3.08B | -$720M | $1.03B | $1.82B | $794M | $233M | $156M | $121M | $78M | $13.1M | |
| — | 38.1% | 36.51% | 34.82% | 33.96% | 30.69% | -9.51% | 11.43% | 25.95% | 20.53% | 7.69% | 14.17% | 15.26% | 16.05% | — | |
| $40M | $40M | $40M | $38M | $34M | $35M | $33M | $28M | $16M | $6M | $2M | $1M | $57M | $68M | — | |
| $4.72B | $4.91B | $4.28B | $3.81B | $3.79B | — | — | — | — | — | — | — | — | — | — | |
| $4.73B | $4.92B | $4.32B | $3.93B | $3.95B | $3.08B | -$720M | $1.03B | $1.82B | $794M | $233M | — | — | — | — |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2018–FY2025: $1.88B in buybacks.
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 15 similar-size Oil & Gas Midstream companies (of 40 listed).
EV/Adj. EBITDA uses the company-stated “LTM Adjusted EBITDA Attributable to MPLX LP”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.
Valuation over time computed as of each quarter's filing date
EV/Adj. EBITDA uses the company-stated “LTM Adjusted EBITDA Attributable to MPLX LP”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Crude Oil and Products Logistics | $6,575,000,000 | $6,339,000,000 | $6,048,000,000 | $5,598,000,000 | — | — | — | — |
| Natural Gas and NGL Services | $6,423,000,000 | $5,594,000,000 | $5,233,000,000 | $6,015,000,000 | — | — | — | — |
| Gatheringand Processing | — | — | — | — | — | — | $3,689,000,000 | $3,333,000,000 |
| Logisticsand Storage | — | — | — | — | — | — | $5,352,000,000 | $3,672,000,000 |
| Gathering and Processing | — | — | — | — | $4,674,000,000 | $2,284,000,000 | — | — |
| Logistics and Storage | — | — | — | — | $5,353,000,000 | $5,285,000,000 | — | — |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Service | $7,292,000,000 | $6,950,000,000 | $13,048,000,000 | $2,359,000,000 | $2,313,000,000 | $2,397,000,000 | $2,498,000,000 | $1,856,000,000 |
| Product | $2,434,000,000 | $2,239,000,000 | $4,418,000,000 | $2,219,000,000 | $1,590,000,000 | $636,000,000 | $806,000,000 | $887,000,000 |
| Service Other | — | — | — | $394,000,000 | $345,000,000 | $155,000,000 | $140,000,000 | $220,000,000 |