Mplx (MPLX) Operating Income (2011 - 2026)
Mplx's (MPLX) quarterly Operating Income came in at $1.4 billion in Q2 2026, up 6.57% year-over-year from $1.3 billion in Q2 2025, and up 13.51% quarter-over-quarter from $1.2 billion in Q1 2026.
Analysis
Mplx (MPLX) Operating Income (2011 - 2026) Analysis & Trends
Mplx (MPLX) has reported Operating Income for 16 consecutive years, with $1.4 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Income rose 6.57% year-over-year to $1.4 billion in Q2 2026; TTM through Jun 2026 was $5.9 billion, a 11.35% increase from a year earlier, with the FY2025 full-year figure at $5.9 billion, up 12.39% from the prior year.
- Operating Income was $1.4 billion for Q2 2026 at Mplx, up from $1.2 billion in the prior quarter.
- Over five years, Operating Income peaked at $1.8 billion in Q3 2025 and troughed at $1.1 billion in Q1 2022.
- A 5-year average of $1.3 billion and a median of $1.3 billion in 2024 frame the typical range for Operating Income.
- Across the five-year window, Operating Income jumped 174.43% in 2022 and tumbled 31.06% in 2023, its largest moves.
- Over 5 years, Operating Income stood at $1.1 billion in 2022, then advanced by 29.72% to $1.4 billion in 2023, then declined by 2.33% to $1.3 billion in 2024, then climbed by 10.42% to $1.5 billion in 2025, then dropped by 7.08% to $1.4 billion in 2026.
- The last three Operating Income figures came in at $1.4 billion (Q2 2026), $1.2 billion (Q1 2026), and $1.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 1.35 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 2.25 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 3.57 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | - |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 1.23 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.38 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 1.59 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 2.10 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 806.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.38 Bn |
| Mar 31, 2026 | 1.21 Bn |
| Dec 31, 2025 | 1.48 Bn |
| Sep 30, 2025 | 1.80 Bn |
| Jun 30, 2025 | 1.29 Bn |
| Mar 31, 2025 | 1.37 Bn |
| Dec 31, 2024 | 1.34 Bn |
| Sep 30, 2024 | 1.28 Bn |
| Jun 30, 2024 | 1.42 Bn |
| Mar 31, 2024 | 1.25 Bn |
| Dec 31, 2023 | 1.38 Bn |
| Sep 30, 2023 | 1.15 Bn |
| Jun 30, 2023 | 1.18 Bn |
| Mar 31, 2023 | 1.20 Bn |
| Dec 31, 2022 | 1.06 Bn |
| Sep 30, 2022 | 1.67 Bn |
| Jun 30, 2022 | 1.12 Bn |
| Mar 31, 2022 | 1.06 Bn |
| Dec 31, 2021 | 506.00 Mn |
| Sep 30, 2021 | 610.00 Mn |