MPLX LP
MPLXAPI behind this page
MPLX FY 2025 request
Playground key active
/api/financials?ticker=MPLX&year=2025&quarter=4&full_year_mode=true
Pick an endpoint and run the request.Income Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Revenue From Contract With Customer Excluding Assessed Tax Third Parties (FY) | — | — | — |
Show Product Lines breakouts |
|||
| Product | 2,002 | 1,657 | +20.8% |
| Product · Crude Oil and Products Logistics [Member] | 4 | 5 | -20.0% |
| Product · Natural Gas & NGL Services [Member] | 1,998 | 1,652 | +20.9% |
| Service | 2,899 | 2,770 | +4.7% |
| Service Other | 289 | 357 | -19.0% |
| Service Other · Natural Gas & NGL Services [Member] | 289 | 357 | -19.0% |
| Service · Crude Oil and Products Logistics [Member] | 453 | 391 | +15.9% |
| Service · Natural Gas & NGL Services [Member] | 2,446 | 2,379 | +2.8% |
| Revenuefrom Contractwith Customer Excluding Assessed Tax Related Parties (FY) | — | — | — |
Show Product Lines breakouts |
|||
| Product | 143 | 225 | -36.4% |
| Product · Crude Oil and Products Logistics [Member] | 12 | 13 | -7.7% |
| Product · Natural Gas & NGL Services [Member] | 131 | 212 | -38.2% |
| Service | 4,393 | 4,180 | +5.1% |
| Service · Crude Oil and Products Logistics [Member] | 4,371 | 4,152 | +5.3% |
| Service · Natural Gas & NGL Services [Member] | 22 | 28 | -21.4% |
| Operating Lease Lease Income (FY) | — | — | — |
Show Business Segments breakouts |
|||
| Crude Oil and Products Logistics [Member] · Operating Segments | 923 | 882 | +4.6% |
| Natural Gas & NGL Services [Member] · Operating Segments | 226 | 222 | +1.8% |
Show Related Party Transactions By Related Party breakouts |
|||
| Nonrelated Party | 260 | 251 | +3.6% |
| Related Party | 889 | 853 | +4.2% |
| Sales Type Lease Revenue | 151 | 136 | +11.0% |
Show Business Segments breakouts |
|||
| Crude Oil and Products Logistics [Member] · Operating Segments | 448 | 475 | -5.7% |
| Natural Gas & NGL Services [Member] · Operating Segments | 151 | 136 | +11.0% |
Show Related Party Transactions By Related Party breakouts |
|||
| Nonrelated Party | 151 | 136 | +11.0% |
| Sales Type Lease Revenue Related Parties | 448 | 475 | -5.7% |
Show Related Party Transactions By Related Party breakouts |
|||
| Related Party | 448 | 475 | -5.7% |
| Income Loss From Equity Method Investments | 697 | 802 | -13.1% |
Show Business Segments breakouts |
|||
| Crude Oil and Products Logistics [Member] · Operating Segments | 243 | 269 | -9.7% |
| Natural Gas & NGL Services [Member] · Operating Segments | 454 | 533 | -14.8% |
Show Consolidation Items breakouts |
|||
| Material Reconciling Items | 697 | 802 | -13.1% |
| Other Income (FY) | — | — | — |
Show Business Segments breakouts |
|||
| Crude Oil and Products Logistics [Member] · Operating Segments | 121 | 152 | -20.4% |
| Natural Gas & NGL Services [Member] · Operating Segments | 222 | 55 | +303.6% |
Show Related Party Transactions By Related Party breakouts |
|||
| Nonrelated Party | 179 | 50 | +258.0% |
| Related Party | 164 | 157 | +4.5% |
| Revenue | 12,998 | 11,933 | +8.9% |
Show Business Segments breakouts |
|||
| Crude Oil and Products Logistics [Member] · Nonrelated Party | 751 | 746 | +0.7% |
| Crude Oil and Products Logistics [Member] · Operating Segments | 6,575 | 6,339 | +3.7% |
| Natural Gas & NGL Services [Member] · Nonrelated Party | 6,210 | 5,297 | +17.2% |
| Natural Gas & NGL Services [Member] · Operating Segments | 6,423 | 5,594 | +14.8% |
Show Equity Method Investment Nonconsolidated Investee breakouts |
|||
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 3,959 | 3,594 | +10.2% |
| Cost of Revenue (FY) | — | — | — |
Show Product Lines breakouts |
|||
| Oil And Gas Refining And Marketing | 1,561 | 1,560 | +0.1% |
| Cost Direct Material (FY) | — | — | — |
Show Product Lines breakouts |
|||
| Natural Gas Midstream | 1,815 | 1,561 | +16.3% |
Show Business Segments breakouts |
|||
| Natural Gas & NGL Services [Member] · Operating Segments | 1,815 | 1,561 | +16.3% |
| Direct Costs Of Leased And Rented Property Or Equipment (FY) | — | — | — |
Show Related Party Transactions By Related Party breakouts |
|||
| Nonrelated Party | 80 | 82 | -2.4% |
| Related Party | 16 | 18 | -11.1% |
| Costs And Expenses Related Party | 1,649 | 1,583 | +4.2% |
| Cost Of Goods And Services Sold Depreciation And Amortization | 1,351 | 1,283 | +5.3% |
Show Business Segments breakouts |
|||
| Crude Oil and Products Logistics [Member] · Operating Segments | 546 | 526 | +3.8% |
| Natural Gas & NGL Services [Member] · Operating Segments | 805 | 757 | +6.3% |
Show Consolidation Items breakouts |
|||
| Material Reconciling Items | 1,351 | 1,283 | +5.3% |
| General & Administrative | 446 | 427 | +4.4% |
Show Related Party Transactions By Related Party breakouts |
|||
| Marathon Petroleum Corporation [Member] | 299 | 289 | +3.5% |
| Taxes Excluding Income And Excise Taxes | 137 | 131 | +4.6% |
| Total Costs & Expenses | 7,055 | 6,645 | +6.2% |
Show Equity Method Investment Nonconsolidated Investee breakouts |
|||
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 1,579 | 1,535 | +2.9% |
| Operating Income | 5,943 | 5,288 | +12.4% |
| Interest And Debt Expense | 983 | 921 | +6.7% |
| Income Before Taxes | 4,960 | 4,367 | +13.6% |
| Other Tax Expense Benefit | 8 | 10 | -20.0% |
| Net Income | 4,952 | 4,357 | +13.7% |
Show Equity Method Investment Nonconsolidated Investee breakouts |
|||
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 1,854 | 1,631 | +13.7% |
| Net Income Loss Attributable To Noncontrolling Interest | 40 | 40 | 0.0% |
| Net Income Loss Allocated To Limited Partners | 4,912 | 4,290 | +14.5% |
| Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax | 4.82 | 4.21 | +14.5% |
| Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted | 4.82 | 4.21 | +14.5% |
| Weighted Average Limited Partnership Units Outstanding | 1,019 | 1,016 | +0.3% |
| Weighted Average Limited Partnership Units Outstanding Diluted | 1,019 | 1,017 | +0.2% |
| Income Loss From Continuing Operations | 4,912 | 4,317 | +13.8% |
| Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain | 484 | 20 | +2320.0% |
Show Business Segments breakouts |
|||
| Natural Gas & NGL Services [Member] · Operating Segments | 484 | 20 | +2320.0% |
| Revenue | 9,726 | 9,189 | +5.8% |
Show Product Lines breakouts |
|||
| Product · Crude Oil and Products Logistics [Member] | 16 | 18 | -11.1% |
| Product · Natural Gas & NGL Services [Member] | 2,418 | 2,221 | +8.9% |
| Service · Crude Oil and Products Logistics [Member] | 4,824 | 4,543 | +6.2% |
| Service · Natural Gas & NGL Services [Member] | 2,468 | 2,407 | +2.5% |
Show Business Segments breakouts |
|||
| Crude Oil and Products Logistics [Member] | 4,840 | 4,561 | +6.1% |
| Natural Gas & NGL Services [Member] | 4,886 | 4,628 | +5.6% |
| Operating Expenses (FY) | — | — | — |
Show Business Segments breakouts |
|||
| Crude Oil and Products Logistics [Member] · Operating Segments | 2,173 | 2,097 | +3.6% |
| Natural Gas & NGL Services [Member] · Operating Segments | 1,716 | 1,704 | +0.7% |
| Interest Income | 68 | 95 | -28.4% |
| Comprehensive Income | 4,920 | 4,318 | +13.9% |
| Net Income Loss Available To Common Stockholders Basic | 4,909 | 4,281 | +14.7% |
Balance Sheet
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 2,137 | 1,519 | +40.7% |
| Accounts Receivable | 735 | 718 | +2.4% |
Show Related Party Transactions By Related Party breakouts |
|||
| Related Party | 624 | 620 | +0.6% |
| Other Receivables Net Current (Q) | — | — | — |
Show Related Party Transactions By Related Party breakouts |
|||
| Related Party | 899 | 830 | +8.3% |
| Inventory Gross | 172 | 180 | -4.4% |
| Other Assets Current | 51 | 29 | +75.9% |
Show Related Party Transactions By Related Party breakouts |
|||
| Related Party | 1 | 1 | 0.0% |
| Total Current Assets | 3,994 | 3,276 | +21.9% |
Show Equity Method Investment Nonconsolidated Investee breakouts |
|||
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 1,347 | 1,570 | -14.2% |
| Non-Current Assets | |||
| Goodwill | 8,755 | 7,645 | +14.5% |
Show Business Segments breakouts |
|||
| Crude Oil and Products Logistics [Member] | 7,645 | 7,645 | 0.0% |
| Natural Gas & NGL Services [Member] | 1,110 | — | — |
Show Business Acquisition breakouts |
|||
| Northwind Midstream | 379 | — | — |
| Operating Lease Right-of-Use Assets | 276 | 273 | +1.1% |
Show Related Party Transactions By Related Party breakouts |
|||
| Nonrelated Party | 276 | 273 | +1.1% |
| Related Party | 239 | 226 | +5.8% |
| Other Receivable After Allowance For Credit Loss Noncurrent (Q) | — | — | — |
Show Related Party Transactions By Related Party breakouts |
|||
| Related Party | 962 | 1,120 | -14.1% |
| Other Non-Current Assets | 1,125 | 994 | +13.2% |
| Total Assets | 43,005 | 37,511 | +14.6% |
| Property, Plant & Equipment | 21,698 | 19,154 | +13.3% |
| Intangible Assets | 1,397 | — | — |
| Other Assets | |||
| Equity Method Investments | 4,798 | 4,531 | +5.9% |
Show Business Segments breakouts |
|||
| Crude Oil and Products Logistics [Member] | 1,581 | 1,595 | -0.9% |
| Crude Oil and Products Logistics [Member] · Illinois Extension Pipeline Company, L.L.C. | 208 | 218 | -4.6% |
| Crude Oil and Products Logistics [Member] · LOOP LLC | 313 | 310 | +1.0% |
| Crude Oil and Products Logistics [Member] · MarEn Bakken Company LLC(1) | 502 | 526 | -4.6% |
| Crude Oil and Products Logistics [Member] · Other VIEs and Non-VIEs [Member] | 558 | 541 | +3.1% |
| Natural Gas & NGL Services [Member] | 3,217 | 2,936 | +9.6% |
| Natural Gas & NGL Services [Member] · MarkWest EMG Jefferson Dry Gas Gathering Company, L.L.C.(4) | 407 | 329 | +23.7% |
| Natural Gas & NGL Services [Member] · MarkWest Utica EMG, L.L.C. | 890 | 742 | +19.9% |
| Natural Gas & NGL Services [Member] · Ohio Gathering Company L.L.C. | 444 | 470 | -5.5% |
| Natural Gas & NGL Services [Member] · Other VIEs and Non-VIEs [Member] | 565 | 418 | +35.2% |
| Natural Gas & NGL Services [Member] · Sherwood Midstream LLC | 475 | 488 | -2.7% |
| Natural Gas & NGL Services [Member] · Texas City Logistics LLC | 163 | — | — |
| Natural Gas & NGL Services [Member] · WPC Parent, LLC | 273 | 208 | +31.2% |
| Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization | 21,698 | 19,154 | +13.3% |
| Intangible Assets Net Excluding Goodwill | 1,397 | 518 | +169.7% |
Show Business Segments breakouts |
|||
| Crude Oil and Products Logistics [Member] | 48 | 59 | -18.6% |
| Natural Gas & NGL Services [Member] | 1,349 | 459 | +193.9% |
| Current Liabilities | |||
| Accounts Payable | 108 | 147 | -26.5% |
| Accrued Liabilities | 254 | 295 | -13.9% |
| Accrued Property Plant And Equipment Current | 438 | 208 | +110.6% |
| Long Term Debt And Capital Lease Obligations Current | 1,502 | 1,693 | -11.3% |
| Interest Payable Current | 354 | 244 | +45.1% |
| Operating Lease Liability Current (Q) | — | — | — |
Show Related Party Transactions By Related Party breakouts |
|||
| Nonrelated Party | 53 | 45 | +17.8% |
| Related Party | 2 | 2 | 0.0% |
| Other Liabilities Current (Q) | — | — | — |
Show Related Party Transactions By Related Party breakouts |
|||
| Nonrelated Party | 141 | 207 | -31.9% |
| Related Party | 399 | 396 | +0.8% |
| Total Current Liabilities | 3,249 | 3,235 | +0.4% |
Show Equity Method Investment Nonconsolidated Investee breakouts |
|||
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | 1,044 | 746 | +39.9% |
| Deferred Revenue (Q) | — | — | — |
Show Related Party Transactions By Related Party breakouts |
|||
| Nonrelated Party | 13 | 84 | -84.5% |
| Related Party | 107 | 106 | +0.9% |
| Debt Current | 1,502 | 1,693 | -11.3% |
| Non-Current Liabilities | |||
| Deferred Revenue Noncurrent | 119 | 317 | -62.5% |
| Other Non-Current Liabilities (Q) | — | — | — |
Show Fair Value By Liability Class breakouts |
|||
| Deferred Revenue Arrangement Type Domain · Related Party | 127 | 110 | +15.5% |
Show Related Party Transactions By Related Party breakouts |
|||
| Nonrelated Party | 352 | 125 | +181.6% |
| Related Party | 364 | 334 | +9.0% |
| Deferred Income Taxes And Other Tax Liabilities Noncurrent | 25 | 18 | +38.9% |
| Operating Lease Liabilities | 217 | 217 | 0.0% |
Show Related Party Transactions By Related Party breakouts |
|||
| Nonrelated Party | 217 | 217 | 0.0% |
| Total Liabilities | 28,477 | 23,501 | +21.2% |
| Other Liabilities | |||
| Long Term Debt And Capital Lease Obligations | 24,151 | 19,255 | +25.4% |
| Stockholders' Equity | |||
| Limited Partners Capital Account (Q) | — | — | — |
Show Related Party Transactions By Related Party breakouts |
|||
| Nonrelated Party | 9,451 | 9,322 | +1.4% |
| Related Party | 4,845 | 4,257 | +13.8% |
| Accumulated Other Comprehensive Income | 5 | -3 | +266.7% |
| Partners Capital | 14,301 | 13,576 | +5.3% |
| Partners Capital Attributable To Noncontrolling Interest | 227 | 231 | -1.7% |
| Partners Capital Including Portion Attributable To Noncontrolling Interest | 14,528 | 13,807 | +5.2% |
Show Equity Components breakouts |
|||
| Accumulated Other Comprehensive Income | 5 | -3 | +266.7% |
| Common Stock | 9,451 | 9,322 | +1.4% |
| Common Unit-holder MPC | 4,845 | 4,257 | +13.8% |
| Noncontrolling Interest | 227 | 231 | -1.7% |
| Total Liabilities & Equity | 43,005 | 37,511 | +14.6% |
Cash Flow Statement
| Metric | FY 2025 | FY 2024 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Amortization Of Financing Costs And Discounts | 30 | 54 | -44.4% |
| Deferred Income Taxes | 7 | 2 | +250.0% |
| Gain On Equity Method Investment | -484 | -20 | -2320.0% |
Show Consolidation Items breakouts |
|||
| Material Reconciling Items | -484 | — | — |
| Gain Loss On Disposition Of Assets1 | -161 | 3 | -5466.7% |
Show Consolidation Items breakouts |
|||
| Material Reconciling Items | 159 | — | — |
| Equity Method Investment Dividends Or Distributions | 864 | 826 | +4.6% |
| Increase Decrease In Derivative Assets And Liabilities | -17 | -3 | -466.7% |
| Change in Accounts Receivable | 48 | 180 | -73.3% |
| Change in Inventory | -26 | -20 | -30.0% |
| Increase Decrease In Accounts Payable And Accrued Liabilities | -12 | 5 | -340.0% |
| Increase Decrease In Due From Related Parties Current | 126 | 84 | +50.0% |
| Increase Decrease In Other Operating Capital Net | 3 | -3 | +200.0% |
| Increase Decrease In Deferred Revenue | -74 | -5 | -1380.0% |
| Other Operating Activities Cash Flow Statement | -1 | 5 | -120.0% |
| Net Cash from Operations | 5,909 | 5,946 | -0.6% |
| Other Non-Cash Items (FY) | — | — | — |
Show Consolidation Items breakouts |
|||
| Material Reconciling Items | -120 | -121 | +0.8% |
| Investing Activities | |||
| Capital Expenditures | -1,808 | -1,056 | -71.2% |
| Payments To Acquire Businesses Net Of Cash Acquired | -3,316 | -622 | -433.1% |
| Proceeds From Sales Of Assets Investing Activities | 975 | 1 | +97400.0% |
| Payments To Acquire Interest In Joint Venture | 1,008 | 464 | +117.2% |
| Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital | 293 | 146 | +100.7% |
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts |
|||
| MarkWest EMG Jefferson Dry Gas Gathering Company, L.L.C.(4) | 42 | — | — |
| Other Investing Activities | 8 | — | — |
| Net Cash from Investing | -4,856 | -1,995 | -143.4% |
| Financing Activities | |||
| Proceeds From Issuance Of Long Term Debt | 6,541 | 1,630 | +301.3% |
| Repayments Of Long Term Debt | 2,464 | 1,151 | +114.1% |
| Proceeds From Related Party Debt (FY) | — | — | — |
Show Debt Instrument breakouts |
|||
| Revolving Credit Facility | 50 | — | — |
| Repayments Of Related Party Debt (FY) | — | — | — |
Show Debt Instrument breakouts |
|||
| Revolving Credit Facility | -50 | — | — |
| Debt Issuance Costs | -63 | -15 | -320.0% |
| Share Repurchases | -400 | -326 | -22.7% |
| Payments To Minority Shareholders | -44 | -44 | 0.0% |
| Paymentsof Distributionson Preferred Units (FY) | — | — | — |
Show Statement Class Of Stock breakouts |
|||
| Series A Preferred Stock | -6 | -44 | +86.4% |
| Distribution Made To Limited Partner Cash Distributions Paid | -4,018 | -3,559 | -12.9% |
| Proceeds From Contributions From Parent | 24 | 35 | -31.4% |
| Proceeds From Payments For Other Financing Activities | -5 | -6 | +16.7% |
| Net Cash from Financing | -435 | -3,480 | +87.5% |
| Supplemental | |||
| Interest Paid | 913 | 940 | -2.9% |
| Other Cash Flow | |||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect | 618 | 471 | +31.2% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 2,137 | 1,519 | +40.7% |
Values in millions USD. Source: SEC EDGAR 10-K filing.