What is MPLX's net income?

MPLX (MPLX) reported net income of $922M in Q1 2026.

How has MPLX's net income changed year-over-year?

MPLX's net income decreased by 18.8% year-over-year, from $1.14B to $922M.

What is the long-term trend for MPLX's net income?

Over 4 years (2021 to 2025), MPLX's net income has grown at a 12.6% compound annual growth rate (CAGR), from $3.08B to $4.95B.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

MPLX MPLX Net Income

Net Income at other companies

Enterprise Products PartnersEPD

$1.48B+6.4%

Energy TransferET

$1.25B-5.2%

Antero Midstream CorporationAM

$118.27M-2.0%

OneokOKE

$774M+21.7%

TRG

Targa ResourcesTRGP

$479.6M+77.3%

Kinder MorganKMI

——

Other financials

Income statement

See full

Revenue$3.0B-2.8%

Operating income$1.2B-11.1%

EPS (diluted)$0.90-18.2%

Balance sheet

See full

Cash & equivalents$1.5B-40.6%

Total debt$267.0M-5.3%

Total assets$42.9B+10.2%

Cash flow

See full

Operating cash flow$1.3B+8.1%

CapEx$575.0M+115%

Free cash flow$772.0M-21.1%

Valuation

See full

Market cap$56.9B+8.5%

Enterprise value$55.66B+10.9%

P/E12×+0.3×

P/S4.4×+0.1×

Profitability

See full

Operating margin44.8%+0.6pp

Net margin36.7%0.0pp

FCF margin30.2%-9.4pp

Returns & leverage

See full

Current ratio1.1×0.0×

Where this comes from

Reported directly by MPLX in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The official record: MPLX’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about MPLX's net income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is MPLX's net income?: MPLX (MPLX) reported net income of $922M in Q1 2026.
How has MPLX's net income changed year-over-year?: MPLX's net income decreased by 18.8% year-over-year, from $1.14B to $922M.
What is the long-term trend for MPLX's net income?: Over 4 years (2021 to 2025), MPLX's net income has grown at a 12.6% compound annual growth rate (CAGR), from $3.08B to $4.95B.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.