14 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $9.7B | $5.0B | 0.0% | 61.1% | — | 11.5% | $4.1B | — | $2.1B |
| 2024 | $9.2B | $4.4B | 0.0% | 57.5% | — | 11.6% | $4.9B | — | $1.5B |
| 2023 | $8.7B | $4.0B | 0.0% | 56.1% | — | 10.9% | $4.5B | — | $1.0B |
| 2022 | $8.9B | $4.0B | 0.0% | 55.0% | — | 11.2% | $4.2B | — | $238M |
| 2021 | $8.0B | $3.1B | 0.0% | 49.8% | — | 8.8% | $4.4B | — | $13M |
| 2020 | $6.9B | -$687M | 0.0% | 3.1% | — | -1.9% | $3.3B | — | $15M |
| 2019 | $7.0B | $1.5B | 0.0% | 0.0% | — | 3.6% | $1.7B | — | $15M |
| 2018 | $5.4B | $2.0B | 0.0% | 0.0% | — | 5.1% | $960M | — | $77M |
| 2017 | — | $836M | — | — | — | 4.3% | $496M | — | $5M |
| 2016 | — | $434M | — | — | — | 2.5% | $178M | — | $234M |
| 2015 | — | $333M | — | — | 3.4% | 2.0% | $93M | — | $43M |
| 2014 | — | $239M | — | — | 30.5% | 15.5% | $193M | — | $27M |
| 2013 | — | $211M | — | — | 15.1% | 17.5% | $146M | — | $54M |
| 2012 | — | $26M | — | — | 1.8% | 2.0% | — | — | $217M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $2.6B | $1.1B | 0.0% | 52.7% | — | 2.5% | $877M | — | $1.0B |
| Mar '26 | $2.3B | $922M | 0.0% | 51.7% | — | 2.1% | $772M | — | $1.5B |
| Dec '25 | $2.5B | $1.2B | 0.0% | 60.5% | — | 2.8% | $782M | — | $2.1B |
| Sep '25 | $2.5B | $1.6B | 0.0% | 73.2% | — | 3.6% | $905M | — | $1.8B |
| Jun '25 | $2.4B | $1.1B | 0.0% | 54.9% | — | 2.8% | $1.4B | — | $1.4B |
| Mar '25 | $2.5B | $1.1B | 0.0% | 55.5% | — | 2.9% | $979M | — | $2.5B |
| Dec '24 | $2.4B | $1.1B | 0.0% | 55.6% | — | 3.0% | $1.4B | — | $1.5B |
| Sep '24 | $2.3B | $1.0B | 0.0% | 54.4% | — | 2.7% | $1.1B | — | $2.4B |
| Jun '24 | $2.3B | $1.2B | 0.0% | 62.9% | — | 3.1% | $1.4B | — | $2.5B |
| Mar '24 | $2.2B | $1.0B | 0.0% | 57.6% | — | 2.8% | $1.0B | — | $385M |
| Dec '23 | $2.2B | $1.1B | 0.0% | 61.2% | — | 3.1% | $1.2B | — | $1.0B |
| Sep '23 | $2.3B | $928M | 0.0% | 50.5% | — | 2.6% | $1.0B | — | $960M |
| Jun '23 | $2.1B | $942M | 0.0% | 56.6% | — | 2.6% | $1.2B | — | $755M |
| Mar '23 | $2.1B | $952M | 0.0% | 56.2% | — | 2.7% | $1.1B | — | $393M |
| Dec '22 | $2.1B | $824M | 0.0% | 50.8% | — | 2.3% | $1.1B | — | $238M |
| Sep '22 | $2.3B | $1.4B | 0.0% | 72.1% | — | 4.0% | $798M | — | $121M |
| Jun '22 | $2.4B | $884M | 0.0% | 46.9% | — | 2.5% | $1.4B | — | $298M |
| Mar '22 | — | $833M | — | — | — | 2.3% | $956M | — | $42M |
| Dec '21 | — | $838M | — | — | — | 2.4% | $1.1B | — | $13M |
| Sep '21 | — | $811M | — | — | — | 2.3% | $1.0B | — | $39M |
How the market has priced MPLX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Mplx Lp's revenue has grown 7.1% per year. These are computed facts, not advice.
As of FY2025, Mplx Lp reported — of total debt against $2.1B of cash; operating income covered interest expense 6.0×.
In FY2025, gross margin was —, operating margin 61.1%, and net margin 50.9%.
As of Sep '26, Mplx Lp traded at a price-to-earnings ratio of about 12.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.