MPLX LP banner

Income Statement

Earnings Waterfall
MPLX LP

Income Statement
MPLX LP

Rotate your device to view
Income Statement
Currency: USD
Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025 Dec-2025
Revenue
Interest Expense
0
0
0
0
0
0
0
0
0
1
1
2
4
9
14
17
35
85
131
178
210
221
243
269
296
342
403
460
590
692
771
849
851
848
840
835
829
816
805
795
785
785
802
822
843
869
883
889
897
897
904
927
944
955
961
0
0
Revenue
411
N/A
418
+2%
426
+2%
438
+3%
462
+5%
475
+3%
486
+2%
489
+1%
486
-1%
509
+5%
521
+2%
535
+3%
548
+2%
612
+12%
691
+13%
767
+11%
1 101
+44%
1 545
+40%
2 030
+31%
2 653
+31%
3 028
+14%
3 268
+8%
3 486
+7%
3 629
+4%
3 867
+7%
4 402
+14%
5 064
+15%
5 796
+14%
7 005
+21%
7 820
+12%
8 452
+8%
9 020
+7%
9 041
+0%
7 798
-14%
7 669
-2%
7 636
0%
7 569
-1%
8 916
+18%
9 230
+4%
9 542
+3%
10 027
+5%
10 298
+3%
10 843
+5%
11 176
+3%
11 613
+4%
11 207
-3%
10 957
-2%
10 977
+0%
11 281
+3%
11 414
+1%
11 776
+3%
11 836
+1%
11 933
+1%
12 211
+2%
12 162
0%
12 809
+5%
12 998
+1%
Gross Profit
Cost of Revenue
(163)
(205)
(199)
(214)
(174)
(226)
(234)
(229)
(231)
(229)
(229)
(236)
(243)
(274)
(301)
(339)
(451)
(633)
(889)
(1 148)
(1 348)
(1 446)
(1 506)
(1 577)
(1 698)
(1 941)
(2 232)
(2 543)
(3 002)
(3 299)
(3 503)
(3 690)
(3 707)
(3 697)
(3 556)
(3 463)
(3 276)
(3 334)
(3 561)
(3 807)
(4 233)
(4 440)
(4 855)
(5 079)
(5 022)
(4 999)
(4 689)
(4 630)
(4 642)
(4 675)
(4 760)
(4 748)
(4 804)
(4 956)
(5 030)
(5 104)
(5 121)
Gross Profit
248
N/A
213
-14%
227
+6%
224
-1%
288
+29%
249
-14%
253
+2%
260
+3%
256
-2%
280
+9%
292
+4%
299
+2%
306
+2%
338
+10%
390
+16%
429
+10%
650
+52%
912
+40%
1 141
+25%
1 505
+32%
1 680
+12%
1 822
+8%
1 980
+9%
2 052
+4%
2 169
+6%
2 461
+13%
2 832
+15%
3 253
+15%
4 003
+23%
4 521
+13%
4 949
+9%
5 330
+8%
5 334
+0%
4 101
-23%
4 113
+0%
4 173
+1%
4 293
+3%
5 582
+30%
5 669
+2%
5 735
+1%
5 794
+1%
5 858
+1%
5 988
+2%
6 097
+2%
6 591
+8%
6 208
-6%
6 268
+1%
6 347
+1%
6 639
+5%
6 739
+2%
7 016
+4%
7 088
+1%
7 129
+1%
7 255
+2%
7 132
-2%
7 705
+8%
7 877
+2%
Operating Income
Operating Expenses
(116)
(83)
(99)
(98)
(145)
(105)
(103)
(107)
(108)
(112)
(115)
(117)
(122)
(137)
(152)
(166)
(269)
(426)
(608)
(783)
(868)
(925)
(932)
(950)
(978)
(984)
(1 021)
(1 081)
(1 266)
(1 434)
(1 588)
(1 711)
(1 741)
(1 766)
(1 769)
(1 830)
(1 880)
(1 874)
(1 866)
(1 836)
(1 760)
(1 780)
(1 724)
(1 699)
(1 680)
(1 161)
(1 163)
(1 699)
(1 723)
(1 784)
(1 817)
(1 768)
(1 841)
(1 852)
(1 855)
(1 902)
(1 934)
Selling, General & Administrative
(79)
(46)
(62)
(62)
(106)
(63)
(58)
(59)
(60)
(63)
(65)
(67)
(72)
(80)
(87)
(95)
(140)
(179)
(230)
(273)
(277)
(283)
(277)
(282)
(295)
(311)
(330)
(353)
(399)
(442)
(468)
(493)
(487)
(488)
(499)
(507)
(503)
(493)
(488)
(480)
(473)
(467)
(461)
(458)
(450)
(457)
(459)
(487)
(510)
(534)
(557)
(550)
(558)
(560)
(559)
(582)
(583)
Depreciation & Amortization
(36)
(37)
(37)
(37)
(39)
(42)
(45)
(48)
(49)
(50)
(50)
(50)
(50)
(57)
(64)
(71)
(129)
(246)
(377)
(509)
(591)
(642)
(655)
(668)
(683)
(672)
(696)
(733)
(867)
(992)
(1 117)
(1 218)
(1 254)
(1 278)
(1 286)
(1 330)
(1 377)
(1 381)
(1 378)
(1 356)
(1 287)
(1 271)
(1 263)
(1 241)
(1 230)
(1 213)
(1 213)
(1 212)
(1 213)
(1 234)
(1 244)
(1 265)
(1 283)
(1 292)
(1 296)
(1 320)
(1 351)
Other Operating Expenses
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5
5
0
0
(3)
0
0
0
16
7
0
0
0
0
0
(42)
0
0
0
509
509
0
0
(16)
(16)
47
0
0
0
0
0
Operating Income
132
N/A
130
-1%
128
-1%
126
-2%
143
+14%
144
+1%
150
+4%
153
+2%
147
-4%
168
+14%
177
+5%
181
+2%
183
+1%
201
+10%
239
+19%
263
+10%
381
+45%
486
+28%
533
+10%
722
+35%
812
+12%
897
+10%
1 048
+17%
1 102
+5%
1 191
+8%
1 477
+24%
1 811
+23%
2 172
+20%
2 737
+26%
3 087
+13%
3 361
+9%
3 619
+8%
3 593
-1%
2 335
-35%
2 344
+0%
2 343
0%
2 413
+3%
3 708
+54%
3 803
+3%
3 899
+3%
4 034
+3%
4 078
+1%
4 264
+5%
4 398
+3%
4 911
+12%
5 047
+3%
5 105
+1%
4 648
-9%
4 916
+6%
4 955
+1%
5 199
+5%
5 320
+2%
5 288
-1%
5 403
+2%
5 277
-2%
5 803
+10%
5 943
+2%
Pre-Tax Income
Interest Income Expense
2
2
1
2
1
1
0
(0)
0
(0)
(1)
(2)
(4)
(9)
(14)
(17)
(35)
(86)
(132)
(179)
(211)
(221)
(243)
(270)
(298)
(339)
(407)
(465)
(604)
(700)
(777)
(852)
(867)
(845)
(852)
(842)
(834)
(818)
(808)
(800)
(793)
(797)
(813)
(831)
(848)
(870)
(883)
(889)
(897)
(882)
(871)
(859)
(849)
(857)
(865)
(906)
(962)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(129)
(130)
(129)
(129)
1
2
1
0
0
0
0
0
(1)
(1)
(11)
(1 211)
(3 372)
(3 372)
(3 398)
(2 202)
(37)
(79)
(43)
(42)
0
0
509
0
0
0
(63)
(16)
0
0
0
0
0
0
0
0
Gain/Loss on Disposition of Assets
0
0
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
0
0
0
0
0
(0)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(2)
(2)
(3)
(12)
(23)
(35)
(47)
(50)
(50)
(51)
(53)
(56)
(61)
(63)
(65)
(119)
(111)
(109)
(108)
(53)
(60)
(63)
(64)
(62)
(73)
(76)
(80)
(86)
(79)
(80)
(78)
(77)
(76)
(63)
(46)
(26)
(33)
(42)
(55)
(72)
(58)
(53)
(29)
(21)
Pre-Tax Income
134
N/A
132
-1%
129
-2%
127
-2%
144
+14%
144
+0%
149
+3%
152
+2%
146
-4%
166
+14%
174
+5%
178
+2%
178
+0%
190
+7%
223
+17%
243
+9%
334
+37%
248
-26%
236
-5%
367
+56%
422
+15%
627
+49%
756
+21%
780
+3%
837
+7%
1 077
+29%
1 341
+25%
1 642
+22%
2 014
+23%
2 275
+13%
2 474
+9%
2 648
+7%
1 462
-45%
(1 942)
N/A
(1 943)
0%
(1 961)
-1%
(685)
+65%
2 780
N/A
2 840
+2%
2 976
+5%
3 113
+5%
3 202
+3%
3 371
+5%
3 998
+19%
3 986
0%
4 101
+3%
4 159
+1%
3 650
-12%
3 977
+9%
4 040
+2%
4 286
+6%
4 406
+3%
4 367
-1%
4 488
+3%
4 359
-3%
4 868
+12%
4 960
+2%
Net Income
Tax Provision
0
(0)
(0)
(0)
0
(0)
(0)
(1)
0
0
0
1
0
0
0
0
(1)
3
11
11
12
8
(2)
(3)
(1)
(5)
(4)
(6)
(8)
(3)
(1)
(2)
0
(1)
(2)
1
(2)
(3)
(3)
(2)
(1)
(5)
(5)
(6)
(8)
(4)
(4)
(4)
(11)
(11)
(13)
(14)
(10)
(10)
(9)
(10)
(8)
Income from Continuing Operations
134
132
129
127
144
144
149
151
146
167
175
179
178
190
224
243
333
251
247
378
434
635
754
777
836
1 072
1 337
1 636
2 006
2 272
2 473
2 646
1 462
(1 943)
(1 945)
(1 960)
(687)
2 777
2 837
2 974
3 112
3 197
3 366
3 992
3 978
4 097
4 155
3 646
3 966
4 029
4 273
4 392
4 357
4 478
4 350
4 858
4 952
Income to Minority Interest
0
0
0
0
(13)
(31)
(47)
(65)
(68)
(72)
(70)
(66)
(57)
(57)
(68)
(54)
(1)
(25)
(1)
(3)
(2)
(3)
(3)
(2)
(6)
(7)
(9)
(14)
(16)
(20)
(23)
(25)
(28)
(30)
(31)
(32)
(33)
(34)
(36)
(36)
(35)
(34)
(34)
(34)
(34)
(35)
(35)
(36)
(38)
(39)
(40)
(40)
(40)
(40)
(40)
(40)
(40)
Net Income (Common)
134
N/A
132
-1%
129
-2%
25
-81%
13
-47%
(5)
N/A
(17)
-225%
69
N/A
76
+10%
92
+21%
102
+10%
108
+7%
115
+6%
124
+8%
141
+13%
146
+4%
99
-32%
(42)
N/A
(122)
-190%
(81)
+34%
1
N/A
172
+17 100%
307
+78%
347
+13%
411
+18%
744
+81%
1 078
+45%
1 455
+35%
1 743
+20%
1 821
+4%
1 849
+2%
1 960
+6%
935
-52%
(2 303)
N/A
(2 147)
+7%
(2 114)
+2%
(842)
+60%
2 621
N/A
2 679
+2%
2 798
+4%
2 936
+5%
3 021
+3%
3 190
+6%
3 831
+20%
3 815
0%
3 937
+3%
4 003
+2%
3 501
-13%
3 829
+9%
3 906
+2%
4 163
+7%
4 301
+3%
4 290
0%
4 415
+3%
4 296
-3%
4 809
+12%
4 912
+2%
EPS (Diluted)
0
N/A
0
N/A
0
N/A
0
N/A
0.23
N/A
-0.08
N/A
-0.29
-262%
1.87
N/A
1.03
-45%
1.24
+20%
1.37
+10%
1.46
+7%
1.55
+6%
1.55
N/A
1.75
+13%
1.82
+4%
1.01
-45%
-0.14
N/A
-0.36
-157%
-0.23
+36%
0
N/A
0.46
N/A
0.8
+74%
0.87
+9%
1.06
+22%
1.12
+6%
1.35
+21%
1.83
+36%
2.29
+25%
2.3
+0%
2.33
+1%
2.01
-14%
1.03
-49%
-2.17
N/A
-2.02
+7%
-2.01
+0%
-0.8
+60%
2.52
N/A
2.6
+3%
2.71
+4%
2.86
+6%
2.96
+3%
3.15
+6%
3.77
+20%
3.78
+0%
3.93
+4%
3.98
+1%
3.49
-12%
3.82
+9%
3.89
+2%
4.08
+5%
4.21
+3%
4.22
+0%
4.32
+2%
4.21
-3%
4.72
+12%
4.82
+2%
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett