NYSE:MPLX
Mplx LP
Mplx LP's revenue grew 8.9% in fiscal 2025 to $13.0B while operating margin rose to 45.7%, its highest in 6 years. Free cash flow was $4.1B, 31.6% of revenue.Summary generated from Mplx LP's SEC filings. Latest annual report filed Feb 26, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$13.0B
Revenue growth+8.9%
Revenue, 5-yr CAGR+11.4%
Gross marginn/a
Operating margin45.7%
Net margin38.1%
ROICn/a
Return on equityn/a
Debt / equityn/a
Free cash flow$4.1B
FCF margin31.6%
Share count changen/a
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 10.0 | 11.6 | 11.3 | 11.9 | 13.0 |
| Operating income | 4.0 | 4.9 | 4.9 | 5.3 | 5.9 |
| Net income | 3.1 | 3.9 | 3.9 | 4.4 | 5.0 |
| Free cash flow | 4.4 | 4.2 | 4.5 | 4.9 | 4.1 |
Recent filings
- 8-KOther events
Aug 24, 2026 - 4Insider transaction report
Aug 18, 2026 - 4Insider transaction report
Aug 18, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 4, 2026 - 8-KResults of operations and financial condition
Aug 4, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 5, 2026 - 8-KResults of operations and financial condition
May 5, 2026 - 8-KEntry into a material agreement
Apr 13, 2026