Other
Lease income — operating leases
MPLX Lease income — operating leases decreased by 16.7% to $75.00M in Q3 2022 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2020
Last reportedQ3 2022Nov 1, 2022
How to read this metric
An increase signals higher utilization or expansion of the company's operating lease portfolio.
Detailed definition
Rental income generated from assets held under operating lease agreements. This represents the gross revenue stream from...
Peer comparison
Standard revenue metric for companies with significant leasing operations.
Metric ID:
other_operating_lease_lease_incomeHistorical Data
4 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q3 '22 | |
|---|---|---|---|---|
| Value | $99.00M | $88.00M | $90.00M | $75.00M |
| QoQ Change | — | -11.1% | +2.3% | -16.7% |
| YoY Change | — | — | — | -14.8% |
Range$75.00M – $99.00M
Avg YoY Growth-14.8%
Median YoY Growth-14.8%
Business Segments — Crude Oil and Products Logistics
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Crude Oil and Products Logistics | $219.00M | $224.00M | $239.00M | $241.00M | $249.00M |
| Natural Gas & NGL Services | $56.00M | $56.00M | $57.00M | $57.00M | $58.00M |
| Total | — | — | — | — | — |
Business Segments — L&S
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| L&S | $210.00M | $212.00M | $210.00M | $216.00M | $219.00M | $224.00M | $219.00M | $223.00M |
| G&P | $48.00M | $51.00M | $52.00M | $52.00M | $53.00M | $53.00M | $56.00M | $56.00M |
| Total | — | — | — | — | — | — | — | — |
G&P, L&S were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Lease income — operating leases at Other Companies
Frequently Asked Questions
- What is MPLX's lease income — operating leases?
- MPLX (MPLX) reported lease income — operating leases of $75.00M in Q3 2022.
- What does lease income — operating leases mean?
- Revenue earned from renting out assets under operating leases.