MPLX LP
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.00B | $11.93B | $11.28B | $11.61B | $10.03B | $7.57B | $9.04B | $7.01B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $446.0M | $427.0M | $379.0M | $335.0M | $353.0M | $378.0M | $388.0M | $316.0M |
| Operating Income | $5.94B | $5.29B | $4.90B | $4.91B | $3.99B | $211.0M | $1.46B | $2.01B |
| Operating Margin | 45.7% | 44.3% | 43.4% | 42.3% | 39.8% | 2.8% | 16.2% | 28.8% |
| Interest Expense | $1.07B | $963.0M | $912.0M | $852.0M | — | — | — | — |
| Pretax Income | $4.96B | $4.37B | $3.98B | $3.99B | $3.11B | $-685.0M | $1.46B | $2.01B |
| Income Tax Expense | — | $10.0M | $11.0M | $8.0M | $1.0M | $2.0M | $0 | $8.0M |
| Net Income | $4.95B | $4.36B | $3.93B | $3.94B | $3.08B | $-720.0M | $1.03B | $1.82B |
| Net Margin | 38.1% | 36.5% | 34.8% | 34.0% | 30.7% | -9.5% | 11.4% | 26.0% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | 1.02B | 1.01B | 1.00B | 1.01B | 1.04B | 1.06B | — | — |
| Shares Outstanding (Diluted) | 1.02B | 1.01B | 1.00B | 1.01B | 1.04B | 1.06B | — | — |
| Dividends Per Share | — | — | — | — | — | — | — | — |