Mplx (MPLX) Net Income (2011 - 2026)
Mplx (MPLX) posted quarterly Net Income of $922.0 million for Q1 2026, down 18.84% year-over-year from $1.1 billion in Q1 2025, and down 23.36% quarter-over-quarter from $1.2 billion in Q4 2025.
Mplx (MPLX) Net Income (2011 - 2026) Analysis & Trends
Mplx (MPLX) has reported Net Income for 16 consecutive years, with $922.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income fell 18.84% year-over-year to $922.0 million; the TTM figure through Mar 2026 stood at $4.7 billion (up 5.81% YoY), while the FY2025 annual figure was $5.0 billion, up 13.66% from the prior year.
- Net Income fell to $922.0 million in Q1 2026 per MPLX's latest filing, from $1.2 billion in the prior quarter.
- Across five years, Net Income topped out at $1.6 billion in Q3 2025 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Net Income jumped 77.19% — and 2023, when it plunged 35.42%.
- Mplx's Net Income stood at $824.0 million in 2022, then soared by 38.83% to $1.1 billion in 2023, then dropped by 3.06% to $1.1 billion in 2024, then rose by 8.48% to $1.2 billion in 2025, then fell by 23.36% to $922.0 million in 2026.
- Business Quant data shows MPLX's Net Income at $922.0 million in Q1 2026, $1.2 billion in Q4 2025, and $1.6 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 894.00 Mn |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 1.13 Bn |
| 3 | Enterprise Products Partners | 83.55 Bn | 82.64 Bn | - | 1.86 Bn |
| 4 | Energy Transfer | 72.76 Bn | 71.73 Bn | 7.40 Bn | 2.53 Bn |
| 5 | Tc Energy | 65.92 Bn | 58.36 Bn | 1.24 Bn | 832.09 Mn |
| 6 | Oneok | 60.17 Bn | 60.01 Bn | 2.81 Bn | 967.00 Mn |
| 7 | Mplx | 60.12 Bn | 59.09 Bn | 2.73 Bn | 1.09 Bn |
| 8 | Targa Resources | 59.64 Bn | 59.50 Bn | 2.14 Bn | 777.70 Mn |
| 9 | Cheniere Energy | 56.21 Bn | 54.95 Bn | 5.29 Bn | 3.64 Bn |
| 10 | Venture Global | 34.31 Bn | 31.09 Bn | 2.92 Bn | 1.42 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.09 Bn |
| 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 |