Mplx (MPLX) Operating Income (2011 - 2026)

Mplx (MPLX) reported Operating Income of $1.2 billion for Q1 2026, down 11.13% year-over-year from $1.4 billion in Q1 2025, and down 18.14% quarter-over-quarter from $1.5 billion in Q4 2025.

Mplx (MPLX) Operating Income (2011 - 2026) Analysis & Trends

Mplx (MPLX) has 16 years of Operating Income data on file, last reported at $1.2 billion in Q1 2026.

  • Operating Income for Q1 2026 came in at $1.2 billion, down 11.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.8 billion (up 7.18% YoY), and the FY2025 annual result was $5.9 billion, up 12.39% from the prior year.
  • Operating Income fell to $1.2 billion in Q1 2026 per MPLX's latest filing, from $1.5 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.
  • The sharpest annual moves came in 2022 and 2023: Operating Income jumped 196.45% in 2022, then slumped 31.06% in 2023.
  • A 5-year view of Operating Income shows it stood at $1.1 billion in 2022, then climbed by 29.72% to $1.4 billion in 2023, then fell by 2.33% to $1.3 billion in 2024, then grew by 10.42% to $1.5 billion in 2025, then declined by 18.14% to $1.2 billion in 2026.
  • Business Quant data shows MPLX's Operating Income at $1.2 billion in Q1 2026, $1.5 billion in Q4 2025, and $1.8 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 2.35 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.90 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 1.44 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 2.98 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 219.52 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.21 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 846.90 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 1.43 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 2.03 Bn
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn -3.49 Bn

Historic Data

Download Data
DateValue
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 -1.10 Bn
Sep 30, 2021 733.00 Mn
Jun 30, 2021 638.00 Mn