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MPLX MPLX Other Tax Expense (Benefit)

Other financials

Income statement

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Revenue$3.0B-2.8%
Operating income$1.2B-11.1%
Net income$922.0M-18.8%
EPS (diluted)$0.90-18.2%

Balance sheet

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Cash & equivalents$1.5B-40.6%
Total debt$267.0M-5.3%
Total assets$42.9B+10.2%

Cash flow

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Operating cash flow$1.3B+8.1%
CapEx$575.0M+115%
Free cash flow$772.0M-21.1%

Valuation

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Market cap$57.68B+5.9%
Enterprise value$56.44B+8.1%
P/E12.2×0.0×
P/S4.5×0.0×

Profitability

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Operating margin44.8%+0.6pp
Net margin36.7%0.0pp
FCF margin30.2%-9.4pp

Returns & leverage

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Current ratio1.1×0.0×

Questions, answered.

What does other tax expense (benefit) mean?
This metric captures tax-related charges or credits that fall outside of the primary corporate income tax provision, such as state-specific taxes, adjustments for prior years, or tax benefits from specific legal structures. It provides transparency into secondary tax impacts that affect the company's bottom line.