MPLX LP

MPLX · Large cap · Calculated market cap · $58.0B · as of 2026-07-03 · 4 articles

Financial highlights

Metric	FY 12/31/25	FY 12/31/24	FY 12/31/23	FY 12/31/22	FY 12/31/21
Income Statement
Revenue	$13.0B	$11.9B	$11.3B	$11.6B	$10.0B
Operating income	$5.9B	$5.3B	$4.9B	$4.9B	$4.0B
Interest expense	$983.0M	$921.0M	$923.0M	$925.0M	—
Pretax income	$5.0B	$4.4B	$4.0B	$4.0B	$3.1B
Income tax expense	—	$10.0M	$11.0M	$8.0M	$1.0M
Net income	$5.0B	$4.4B	$3.9B	$3.9B	$3.1B
Balance Sheet
Cash and equivalents	$2.1B	$1.5B	$1.0B	$238.0M	$13.0M
Current assets	$4.0B	$3.3B	$2.8B	$1.9B	$1.5B
Total assets	$43.0B	$37.5B	$36.5B	$35.7B	$35.5B
Current liabilities	$3.2B	$3.2B	$2.6B	$2.4B	$3.3B
Total liabilities	$28.5B	$23.5B	$22.9B	$22.2B	$22.5B
Total debt	$26.0B	$21.2B	$20.7B	$20.1B	$18.9B
Cash Flow Statement
Cash from operations	$5.9B	$5.9B	$5.4B	$5.0B	$4.9B
Depreciation and amortization	$1.4B	$1.3B	$1.2B	$1.2B	$1.3B
Capital expenditure	$1.8B	$1.1B	$937.0M	$806.0M	$529.0M
Free cash flow	$4.1B	$4.9B	$4.5B	$4.2B	$4.4B
Share repurchases	$400.0M	$326.0M	$0	$491.0M	$630.0M
Impairments	$0	$0	$0	$0	$42.0M

Shares outstanding 1.0B · Free float 36.0%

Annual filing data through FY ended December 31, 2025; float as of September 2, 2026.