Mplx (MPLXP) Operating Income (2011 - 2026)
Mplx (MPLXP) 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 (MPLXP) Operating Income (2011 - 2026) Analysis & Trends
Mplx (MPLXP) 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 MPLXP'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 MPLXP'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 | Mplx | - | - | 2.54 Bn | 1.21 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |