MPLX LP
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 July 14, 2026.