MPLX Lp (MPLX) Earnings History
Annual and quarterly earnings data from 2011 to 2025
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MPLX EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
MPLX Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 45.2% | 40.3% | 41.6% |
| 2024 | 44.2% | 48.5% | 39.6% |
| 2023 | 43.7% | 47.0% | 37.6% |
| 2022 | 40.7% | 46.6% | 37.4% |
| 2021 | 42.3% | 41.7% | 32.1% |
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MPLX Lp (MPLX) Earnings Overview
As of May 8, 2026, MPLX Lp (MPLX) reported trailing twelve-month net income of $4.71B, reflecting +14.5% year-over-year growth. The company earned $4.63 per diluted share over the past four quarters, with a net profit margin of 41.6%.
Looking at the long-term picture, MPLX's historical earnings data spans multiple years. The company achieved its highest annual net income of $4.91B in fiscal 2025, representing a new all-time high.
MPLX Lp maintains industry-leading profitability with a gross margin of 45.2%, operating margin of 40.3%, and net margin of 41.6%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including EPD ($5.80B net income, 11.1% margin), ET ($5.55B net income, 5.9% margin), PAA ($1.44B net income, 1.5% margin), MPLX has outperformed on profitability metrics. Compare MPLX vs EPD →
MPLX Earnings vs Peers
Earnings metrics vs comparable public companies
MPLX Historical Earnings Data (2011–2025)
15 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.91B | +13.8% | $4.76B | $4.82 | 41.6% | 40.3% |
| 2024 | $4.32B | +9.9% | $5.29B | $4.21 | 39.6% | 48.5% |
| 2023 | $3.93B | -0.4% | $4.90B | $3.82 | 37.6% | 47.0% |
| 2022 | $3.94B | +28.2% | $4.91B | $3.75 | 37.4% | 46.6% |
| 2021 | $3.08B | +527.4% | $3.99B | $2.86 | 32.1% | 41.7% |
| 2020 | -$720M | -169.7% | $211M | $-0.80 | -8.6% | 2.5% |
| 2019 | $1.03B | -43.2% | $2.38B | $1.03 | 12.0% | 27.5% |
| 2018 | $1.82B | +129.0% | $2.73B | $2.39 | 27.3% | 41.0% |
| 2017 | $794M | +240.8% | $1.19B | $1.06 | 21.5% | 32.3% |
| 2016 | $233M | +49.4% | $683M | $0.00 | 7.7% | 22.7% |
Full MPLX Stock Analysis
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Start ComparisonMPLX — Frequently Asked Questions
Quick answers to the most common questions about buying MPLX stock.
Is MPLX growing earnings?
MPLX EPS stands at $4.63, with +14.5% growth matching the 5-year CAGR of N/A. TTM net income is $4.7B. Earnings trajectory remains consistent.
What are MPLX's profit margins?
MPLX Lp net margin is +41.6%, with operating margin at +40.3%. Above-average margins indicate pricing power.
How consistent are MPLX's earnings?
MPLX earnings data spans 2011-2025. The current earnings trend is +14.5% YoY. Historical data enables comparison across business cycles.