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| Date | Value |
|---|---|
| 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 |