MPLX LP
MPLX Energy Oil & Gas Midstream
MPLX LP’s revenue for fiscal 2025 (year ended December 2025) was $13.0 billion, up 8.92% from fiscal 2024.
- Revenue
- −0.39%
- EPS
- −23.8%
- Free cash flow
- −23.8%
- Total debt
- +3.75%
Quarter to September 2026, against a year earlier
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MPLX LP (MPLX) Free cash flow
MPLX LP's free cash flow for fiscal 2025 was $5.1B, unchanged from fiscal 2024. Over the twelve months to 30 September 2026 it was $4.1B. Over the past ten years it has ranged from $93.0M (fiscal 2015) to $5.1B (fiscal 2025) — the current reading is the highest in ten years. Free cash flow has risen for 3 consecutive fiscal years. MPLX LP ranks 3rd of 56 Oil & Gas Midstream companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $5.1B | 3.78% |
| FY2024 | $4.9B | 9.03% |
| FY2023 | $4.5B | 4.40% |
| FY2022 | $4.3B | (4.68%) |
| FY2021 | $4.5B | 32.82% |
| FY2020 | $3.4B | 99.18% |
| FY2019 | $1.7B | 76.03% |
| FY2018 | $968.0M | 92.45% |
| FY2017 | $503.0M | 181.01% |
| FY2016 | $179.0M | 92.47% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | $690.0M | (21.32%) |
| Jun 2026 | $877.0M | 13.02% |
| Mar 2026 | $776.0M | (55.81%) |
| Dec 2025 | $1.8B | 94.03% |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| ET Energy Transfer LP compare | $13.6B |
| EPD Enterprise Products Partners L.P. compare | $9.3B |
| MPLX MPLX LP | $4.1B |
| LNG Cheniere Energy, Inc. compare | $3.8B |
| TRP TC Energy Corporation compare | $2.9B |
| KMI Kinder Morgan, Inc. compare | $2.6B |
| OKE ONEOK, Inc. compare | $2.5B |
| TRGP Targa Resources, Inc. compare | $933.8M |
| WMB Williams Companies, Inc. (The) compare | −$1.3B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on MPLX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Beneish M-score
- The full statement