Value Sense
MPLX
MPLX LP (MPLX)
Last Price$54.30.6%
Market Cap$55.5B
LTM Revenue
$11.2B
+3.8% YoY
LTM Net Income
$4,327.0M
+10.2% YoY
LTM Net Debt
($1,519.0M)
Net Debt to FCF - (0.3x)
LTM Free Cash Flow (FCF)
$5,198.0M
46.5% margin

MPLX Income Statement

MPLX Income Statement Overview

Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Revenue
$10.7B 1.3% YoY
Gross profit
$4,821.0M 12.4% YoY
45.1% margin
Cost of revenue
$5,860.0M (6.3%) YoY
Operating income
$4,900.0M 33.1% YoY
45.9% margin
Net interest: $923.0M
Operating expenses
$337.0M 130.8% YoY
Pre-tax income
$3,977.0M (0.2%) YoY
37.2% margin
Net income
$3,928.0M (0.4%) YoY
36.8% margin
Income tax
$11.0M
0.3% tax rate
SG&A
$379.0M 13.1% YoY
3.5% of revenue

MPLX Income statement key metrics

Annual
Quarterly
LTM

Revenue

$10.7B +1.3% YoY

Operating Income

$4.9B +33.1% YoY

Net Income

$3.9B -0.4% YoY

MPLX Balance Sheet

MPLX Balance Sheet Overview

Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Assets
Liabilities
Total assets
$36.5B
Current assets ($2,808.0M, 7.7% of total)
Cash & ST investments
$1,048.0M (2.9%)
Accounts receivables
$1,562.0M (4.3%)
Other current assets
$198.0M (0.5%)
Non-current assets ($33.7B, 92.3% of total)
Long-term investments
$3,743.0M (10.2%)
Intangible assets
$654.0M (1.8%)
Other non-current assets
$9,569.0M (26.2%)
Financial position
Net Debt
$19.9B
$1,048.0M$20.9B
Cash & Short-term Investments
Total Debt
Quick ratio
1.0x
Net Debt to Free Cash Flow
4.5x
Debt to Equity ratio
154.0%

MPLX Balance Sheet Metrics

Annual
Quarterly
LTM

Assets

$36.5B +2.4% YoY

Liabilities

$22.9B -0.8% YoY

Shareholder's Equity

$13.6B +8.3% YoY

MPLX Cash Flow Statement

MPLX Cash Flow Statement Overview

Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Cash Beginning of PeriodOperating Cash FlowInvesting Cash FlowFinancing Cash FlowForex Changes on CashCash End of Period$238.0M$5,397.0M($1,252.0M)($3,335.0M)$0.0$1,048.0M

MPLX Cash Flow Statement key metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

$5,397.0M +7.6% YoY

Capital Expenditure (CAPEX)

($937.0M) +16.3% YoY

Free Cash Flow (FCF)

$4,460.0M +5.9% YoY

MPLX Financials

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Dec'10Dec'11Dec'12Dec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23
Revenue
% growth
395.9
0.0%
410.6
3.7%
442.2
7.7%
463.1
4.7%
520.1
12.3%
668.0
28.4%
2,556.0
282.6%
3,691.0
44.4%
6,079.0
64.7%
8,625.0
41.9%
8,246.0
(4.4%)
9,575.0
16.1%
10,541.0
10.1%
10,681.0
1.3%
Cost of Goods Sold (COGS)259.7162.9257.6279.4293.0383.01,717.02,381.03,559.04,966.04,653.05,520.06,252.05,860.0
Gross Profit
% margin
136.2
34.4%
247.7
60.3%
184.6
41.7%
183.7
39.7%
227.1
43.7%
285.0
42.7%
839.0
32.8%
1,310.0
35.5%
2,520.0
41.5%
3,659.0
42.4%
3,593.0
43.6%
4,055.0
42.3%
4,289.0
40.7%
4,821.0
45.1%
Operating Expenses32.8115.741.136.743.879.0129.0197.0257.0375.0244.0342.0(146.0)(337.0)
Research & Development Expenses (R&D)0.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Selling, General & Administrative Expenses (SG&A)30.367.549.853.764.8104.0193.0241.0291.0388.0378.0353.0335.0379.0
Operating Income
% margin
103.4
26.1%
132.0
32.1%
143.2
32.4%
147.0
31.7%
183.3
35.2%
206.0
30.8%
507.0
19.8%
1,191.0
32.3%
2,503.0
41.2%
2,377.0
27.6%
1,036.0
12.6%
2,747.0
28.7%
3,681.0
34.9%
4,900.0
45.9%
Interest Income0.22.31.30.30.00.00.00.00.0862.0834.0793.0848.00.0
Interest Expense0.00.20.20.24.135.0211.0354.0661.0915.0896.0879.0925.0923.0
Pre-tax Income103.6134.1144.3145.9178.0159.0246.0837.01,842.01,462.0(685.0)3,113.03,986.03,977.0
Income Tax
% effective tax rate
0.3
0.3%
0.1
0.1%
0.3
0.2%
(0.2)
(0.1%)
(0.1)
(0.1%)
2.0
1.3%
(12.0)
(4.9%)
1.0
0.1%
8.0
0.4%
380.0
26.0%
2.0
(0.3%)
1.0
0.0%
8.0
0.2%
11.0
0.3%
Net Income
% margin
103.3
26.1%
134.0
32.6%
13.1
3.0%
77.9
16.8%
121.3
23.3%
156.0
23.4%
233.0
9.1%
794.0
21.5%
1,818.0
29.9%
1,033.0
12.0%
(687.0)
(8.3%)
3,077.0
32.1%
3,944.0
37.4%
3,928.0
36.8%
EPS2.803.630.171.051.551.020.001.072.391.03(0.65)2.863.753.83
Diluted EPS2.803.630.171.051.551.010.001.062.391.03(0.65)2.863.753.82
EBITDA
% margin
156.2
39.5%
170.6
41.5%
183.8
41.6%
196.2
42.4%
320.0
61.5%
537.0
80.4%
1,477.0
57.8%
1,874.0
50.8%
3,348.0
55.1%
4,552.0
52.8%
4,726.0
57.3%
5,000.0
52.2%
5,665.0
53.7%
6,113.0
57.2%

FAQ

What is the MPLX LP (MPLX) revenue?

The MPLX LP (MPLX) revenue is $10.7B, reflecting a year-over-year (YoY) growth of +1.3% YoY.

What is the MPLX LP (MPLX) Net Income?

The MPLX LP (MPLX) Net Income is $3,928.0M, showcasing a YoY growth of -0.4% YoY.