← MPLX LP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $3.0b
$3.9b +27.67%
$5.0b +29.48%
$7.0b +40.62%
$6.9b -2.06%
$10.0b +45.40%
$11.6b +15.82%
$11.3b -2.86%
$11.9b +5.78%
$13.0b +8.92%
$11.7b -10.09%
Total revenues and other income $2.6b
$3.9b +49.31%
$6.4b +66.15%
$9.0b +40.72%
$7.6b -16.28%
$10.0b +32.47%
$11.6b +15.82%
$11.3b -2.86%
$11.9b +5.78%
$13.0b +8.92%
$11.7b -10.09%
Revenue from Contract with Customer, Excluding Assessed Tax, Third parties — — — — — $4.2b $5.0b $4.5b $4.8b $5.2b —
Revenue from Contract with Customer, Excluding Assessed Tax, Related Parties — $1.1b $2.2b $3.6b $3.7b $3.8b $4.0b $4.2b $4.4b $4.5b —
Revenue Not from Contract with Customer, Other — — — — $673.0m $2.0b $2.7b $2.5b $2.7b $3.3b —
Sales-type lease revenue — — — $7.0m $152.0m $435.0m $62.0m $136.0m $136.0m $151.0m —
Sales-type lease revenue, related parties — — — — $152.0m $435.0m $465.0m $500.0m $475.0m $448.0m —
Rental cost of sales $57.0m
$62.0m +8.77%
$135.0m +117.74%
$141.0m +4.44%
$135.0m -4.26%
$136.0m +0.74%
$123.0m -9.56%
$115.0m -6.50%
$100.0m -13.04%
$96.0m -4.00%
—
Cost of revenues (excludes items below) $354.0m
$528.0m +49.15%
$1.8b +239.58%
$2.2b +21.31%
$1.9b -14.25%
$2.8b +48.47%
$3.4b +23.94%
$3.0b -12.62%
$1.6b -47.98%
$1.6b +0.06%
$6.8b +332.67%
Gross Profit $3.0b
$3.8b +28.03%
$4.9b +28.04%
$6.9b +41.63%
$6.8b -2.01%
$9.9b +46.29%
$11.5b +16.17%
$11.2b -2.82%
$11.8b +5.97%
$12.9b +9.03%
$4.9b -61.77%
General and Administrative Expense $227.0m $241.0m $291.0m $388.0m $378.0m $353.0m $335.0m $379.0m $427.0m $446.0m $449.0m
Amortization of Intangible Assets — — $38.0m — — — — — — — —
Operating Lease, Lease Income — — — $257.0m — — $327.0m — — — —
Operating expenses:
Total costs and expenses $2.1b $2.7b $3.9b $6.7b $7.4b $6.0b $6.7b $6.4b $6.6b $7.1b $7.0b
Operating Income (Loss) $6.0m
$6.0m 0.00%
$7.0m +16.67%
$12.0m +71.43%
$211.0m +1658.33%
$4.0b +1791.94%
$4.9b +23.02%
$4.9b -0.22%
$5.3b +7.92%
$5.9b +12.39%
$4.7b -21.10%
Interest Expense, Debt — — — — — — — — $963.0m $1.1b $1.1b
Investment Income, Interest — — — — — — — — $95.0m $68.0m —
Other Nonoperating Income (Expense) ($50.0m) ($56.0m) ($122.0m) ($53.0m) ($62.0m) ($86.0m) — — — — —
Income (Loss) from Equity Method Investments ($74.0m) $78.0m $240.0m $290.0m ($936.0m) $321.0m $476.0m $600.0m $802.0m $697.0m —
Other Income $6.0m $6.0m $7.0m $12.0m $5.0m $21.0m $485.0m $247.0m $227.0m $343.0m —
Income from equity method investments ($74.0m) $78.0m $240.0m $290.0m ($936.0m) $321.0m $476.0m $600.0m $802.0m $697.0m —
Interest Income (Expense), Nonoperating, Net — — — — — — — ($26.0m) — — $64.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $422.0m $837.0m $1.8b $1.5b ($685.0m) $3.1b $4.0b $4.0b $4.4b $5.0b $4.8b
Other Tax Expense (Benefit) — — — — — — — $11.0m $10.0m $8.0m —
Current Income Tax Expense (Benefit) $5.0m $2.0m $0 — — — — — — — $9.0m
Income Tax Expense (Benefit) ($12.0m) $1.0m $8.0m $0 $2.0m $1.0m $8.0m $11.0m $10.0m — $9.0m
Net Income (Loss) Attributable to Parent $233.0m
$794.0m +240.77%
$1.8b +128.97%
$1.0b -43.18%
($720.0m) -169.70%
$3.1b +527.36%
$3.9b +28.18%
$3.9b -0.41%
$4.3b +9.22%
$4.9b +14.50%
$4.7b -3.77%
Net Income (Loss) Available to Common Stockholders, Basic $1.0m
$411.0m +41000.00%
$1.7b +324.09%
$935.0m -46.36%
$0 -100.00%
$3.1b
$3.9b +28.18%
$3.9b -0.53%
$4.3b +9.13%
$4.9b +14.67%
$4.7b -3.71%
Net Income (Loss) Attributable to Noncontrolling Interest $2.0m $6.0m $16.0m $28.0m $33.0m $35.0m $34.0m $38.0m $40.0m $40.0m $4.7b
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic ($705.0m) ($494.0m) ($242.0m) ($1.7b) ($3.7b) ($496.0m) $835.0m $573.0m $7.0m $3.0m —
Additional Financial Items
Cost, Depreciation and Amortization $546.0m $683.0m $766.0m $1.3b $1.4b $1.3b $1.2b $1.2b $1.3b $1.4b —
Goodwill, Impairment Loss $130.0m $0 $0 $1.2b $1.8b $0 $0 $0 $0 $0 —
Other Cost and Expense, Operating — — — $1.0m — — — — — — —
Sales-type Lease, Selling Profit (Loss) — — — $21.0m $0 $0 — — — — —
Taxes, Miscellaneous $50.0m $54.0m $72.0m $113.0m $125.0m $120.0m $115.0m $131.0m $131.0m $137.0m —
Rental Income $298.0m $277.0m $349.0m $388.0m $398.0m $376.0m $327.0m $1.1b $1.1b $1.1b —
Purchased product costs $448.0m $651.0m — — — — $2.1b $1.6b $1.6b $1.8b —
Purchases - related parties $316.0m $455.0m $860.0m $1.2b $1.1b $1.2b $1.4b $1.5b $1.6b $1.6b —
Other taxes $43.0m $54.0m $72.0m $113.0m $125.0m $120.0m $115.0m $131.0m $131.0m $137.0m $142.0m
Net interest and other financial costs — — — — — — $925.0m $923.0m $921.0m $983.0m —
Dividends, Preferred Stock $41.0m — — — $122.0m $141.0m $129.0m $99.0m $27.0m $0 —
Common - basic $0 $393.0m $761.0m $906.0m $1.1b $1.0b $1.0b $1.0b $1.0b $1.0b —
Common - diluted $0 $396.0m $761.0m $907.0m $1.1b $1.0b $1.0b $1.0b $1.0b $1.0b —
Equity Interest in Acquiree, Remeasurement Gain — — — — — — — $92.0m $20.0m $484.0m —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $683.0m $1.2b $2.5b $2.4b $211.0m $4.0b $3.9b $3.9b $4.3b $4.9b —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.