Mplx (MPLX) Gross Profit (2011 - 2026)

Mplx (MPLX) posted quarterly Gross Profit of $1.9 billion for Q1 2026, down 2.7% year-over-year from $2.0 billion in Q1 2025, and down 24.83% quarter-over-quarter from $2.6 billion in Q4 2025.

Mplx (MPLX) Gross Profit (2011 - 2026) Analysis & Trends

Mplx (MPLX) has reported Gross Profit for 16 consecutive years, with $1.9 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Profit fell 2.7% year-over-year to $1.9 billion; the TTM figure through Mar 2026 stood at $10.4 billion (up 32.66% YoY), while the FY2025 annual figure was $11.2 billion, up 46.6% from the prior year.
  • Gross Profit retreated to $1.9 billion in Q1 2026 per MPLX's latest filing, from $2.6 billion in the prior quarter.
  • Across five years, Gross Profit topped out at $3.2 billion in Q3 2025 and bottomed at -$415.0 million in Q4 2022.
  • Historically, Gross Profit has averaged $2.0 billion across 5 years, with a median of $1.9 billion in 2026.
  • Annual changes were most pronounced in 2022 — Gross Profit sank 119.0% — and 2023, when it jumped 502.89%.
  • Mplx's Gross Profit stood at -$415.0 million in 2022, then surged by 502.89% to $1.7 billion in 2023, then increased by 20.51% to $2.0 billion in 2024, then grew by 28.54% to $2.6 billion in 2025, then retreated by 24.83% to $1.9 billion in 2026.
  • Business Quant data shows MPLX's Gross Profit at $1.9 billion in Q1 2026, $2.6 billion in Q4 2025, and $3.2 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kinder Morgan 112.04 Bn 113.17 Bn 3.07 Bn
2 Enbridge 111.19 Bn 111.69 Bn 5.23 Bn
3 Enterprise Products Partners 83.98 Bn 83.12 Bn -
4 Energy Transfer 72.48 Bn 71.45 Bn 7.40 Bn
5 Tc Energy 66.71 Bn 66.18 Bn 1.24 Bn
6 Mplx 60.30 Bn 59.27 Bn 2.73 Bn
7 Oneok 59.88 Bn 59.82 Bn 2.81 Bn
8 Targa Resources 59.14 Bn 59.14 Bn 2.14 Bn
9 Cheniere Energy 56.12 Bn 60.17 Bn 5.29 Bn
10 Venture Global 34.82 Bn 35.11 Bn 2.92 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 2.73 Bn
Jun 30, 2026 2.73 Bn
Mar 31, 2026 1.95 Bn
Mar 31, 2026 1.95 Bn
Dec 31, 2025 2.59 Bn
Dec 31, 2025 2.59 Bn
Sep 30, 2025 3.22 Bn
Sep 30, 2025 3.22 Bn
Jun 30, 2025 2.63 Bn
Jun 30, 2025 2.63 Bn
Mar 31, 2025 2.00 Bn
Mar 31, 2025 2.00 Bn
Dec 31, 2024 2.02 Bn
Dec 31, 2024 2.02 Bn
Sep 30, 2024 1.94 Bn
Sep 30, 2024 1.94 Bn
Jun 30, 2024 1.88 Bn
Jun 30, 2024 1.88 Bn
Mar 31, 2024 2.48 Bn
Mar 31, 2024 2.48 Bn