Mplx (MPLX) Net Income (2011 - 2026)
Mplx's (MPLX) quarterly Net Income came in at $922.0 million in Q1 2026, down 18.84% year-on-year from $1.1 billion in Q1 2025, and down 23.36% on a QoQ basis from $1.2 billion in Q4 2025.
Mplx (MPLX) Net Income (2011 - 2026) Analysis & Trends
Mplx (MPLX) has 16 years of Net Income data on file, last reported at $922.0 million in Q1 2026.
- On a quarterly basis, Net Income fell 18.84% year-over-year to $922.0 million in Q1 2026; TTM through Mar 2026 was $4.7 billion, a 5.81% increase from a year earlier, with the FY2025 full-year figure at $5.0 billion, up 13.66% from the prior year.
- Net Income for Q1 2026 stood at $922.0 million, down from $1.2 billion in the prior quarter.
- Over the last five years, Net Income for MPLX reached as high as $1.6 billion in Q3 2025 and fell as low as $824.0 million in Q4 2022.
- Historically, Net Income has averaged $1.1 billion across 5 years, with a median of $1.0 billion in 2024.
- Across the five-year window, Net Income surged 77.19% in 2022 and slumped 35.42% in 2023, its largest moves.
- Year by year, Net Income stood at $824.0 million in 2022, then surged by 38.83% to $1.1 billion in 2023, then fell by 3.06% to $1.1 billion in 2024, then advanced by 8.48% to $1.2 billion in 2025, then decreased by 23.36% to $922.0 million in 2026.
- Per Business Quant data, the three most recent Net Income figures were $922.0 million in Q1 2026, $1.2 billion in Q4 2025, and $1.6 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 164.78 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 19.51 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 894.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.30 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.50 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 847.60 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 1.98 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 487.40 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 776.00 Mn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 922.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 922.00 Mn |
| Dec 31, 2025 | 1.20 Bn |
| Sep 30, 2025 | 1.56 Bn |
| Jun 30, 2025 | 1.06 Bn |
| Mar 31, 2025 | 1.14 Bn |
| Dec 31, 2024 | 1.11 Bn |
| Sep 30, 2024 | 1.05 Bn |
| Jun 30, 2024 | 1.19 Bn |
| Mar 31, 2024 | 1.02 Bn |
| Dec 31, 2023 | 1.14 Bn |
| Sep 30, 2023 | 928.00 Mn |
| Jun 30, 2023 | 942.00 Mn |
| Mar 31, 2023 | 952.00 Mn |
| Dec 31, 2022 | 824.00 Mn |
| Sep 30, 2022 | 1.44 Bn |
| Jun 30, 2022 | 884.00 Mn |
| Mar 31, 2022 | 833.00 Mn |
| Dec 31, 2021 | 838.00 Mn |
| Sep 30, 2021 | 811.00 Mn |
| Jun 30, 2021 | 715.00 Mn |