​

MPLX (MPLX) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

MPLX Revenue Highlights

Latest Revenue (Y)

$11.93B

Latest Revenue (Q)

$2.97B

Main Segment (Y)

Service

MPLX Revenue by Period

MPLX Revenue by Year

DateRevenueChange
2024-12-31$11.93B11.72%
2023-12-31$10.68B1.33%
2022-12-31$10.54B10.09%
2021-12-31$9.57B16.12%
2020-12-31$8.25B-4.39%
2019-12-31$8.63B41.88%
2018-12-31$6.08B64.70%
2017-12-31$3.69B44.41%
2016-12-31$2.56B282.63%
2015-12-31$668.00M28.44%
2014-12-31$520.10M12.31%
2013-12-31$463.10M4.73%
2012-12-31$442.20M7.70%
2011-12-31$410.60M3.71%
2010-12-31$395.90M-

MPLX generated $11.93B in revenue during NA 2024, up 11.72% compared to the previous quarter, and up 138.35% compared to the same period a year ago.

MPLX Revenue by Quarter

DateRevenueChange
2024-09-30$2.97B8.86%
2024-06-30$2.73B4.84%
2024-03-31$2.60B-7.13%
2023-12-31$2.80B-3.71%
2023-09-30$2.91B16.67%
2023-06-30$2.50B-2.08%
2023-03-31$2.55B1.92%
2022-12-31$2.50B-8.82%
2022-09-30$2.74B-1.90%
2022-06-30$2.80B11.80%
2022-03-31$2.50B-3.59%
2021-12-31$2.59B6.22%
2021-09-30$2.44B6.22%
2021-06-30$2.30B4.36%
2021-03-31$2.20B4.46%
2020-12-31$2.11B0.48%
2020-09-30$2.10B8.93%
2020-06-30$1.93B-8.72%
2020-03-31$2.11B-5.97%
2019-12-31$2.25B4.32%
2019-09-30$2.15B41.21%
2019-06-30$1.52B-1.68%
2019-03-31$1.55B-4.62%
2018-12-31$1.63B0.37%
2018-09-30$1.62B7.72%
2018-06-30$1.50B12.84%
2018-03-31$1.33B31.62%
2017-12-31$1.01B8.47%
2017-09-30$933.00M4.95%
2017-06-30$889.00M3.86%
2017-03-31$856.00M23.70%
2016-12-31$692.00M3.59%
2016-09-30$668.00M8.09%
2016-06-30$618.00M6.92%
2016-03-31$578.00M124.82%
2015-12-31$257.10M82.47%
2015-09-30$140.90M0.64%
2015-06-30$140.00M7.69%
2015-03-31$130.00M-1.44%
2014-12-31$131.90M0.92%
2014-09-30$130.70M3.08%
2014-06-30$126.80M-2.98%
2014-03-31$130.70M9.92%
2013-12-31$118.90M0.59%
2013-09-30$118.20M1.81%
2013-06-30$116.10M5.64%
2013-03-31$109.90M1.20%
2012-12-31$108.60M-10.32%
2012-09-30$121.10M9.69%
2012-06-30$110.40M8.13%
2012-03-31$102.10M-1.92%
2011-12-31$104.10M-4.76%
2011-09-30$109.30M6.32%
2011-06-30$102.80M8.90%
2011-03-31$94.40M-

MPLX generated $2.97B in revenue during Q3 2024, up 8.86% compared to the previous quarter, and up 119.07% compared to the same period a year ago.

MPLX Revenue Breakdown

MPLX Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Product$1.66B$1.67B$2.22B$1.59B$636.00M
Service, Other$357.00M$294.00M---
Service$4.18B$3.98B---

MPLX's latest annual revenue breakdown by segment (product or service), as of Dec 24: Service (67.48%), Product (26.75%), and Service, Other (5.76%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Service$2.13B$1.07B$986.00M$2.95B$1.04B$601.00M$627.00M$618.00M------------
Service, Other$176.00M$86.00M$95.00M$219.00M$75.00M$53.00M--------------
Product$854.00M$433.00M$370.00M$1.19B$478.00M$407.00M$617.00M$556.00M$448.00M$304.00M$282.00M$182.00M$165.00M$120.00M$169.00M$230.00M----
Gathering and Processing-----$33.00M$34.00M$1.45B$1.21B-----------
Logistics and Storage-----$125.00M$125.00M$114.00M$111.00M-----------

MPLX's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Service (67.38%), Product (27.04%), and Service, Other (5.57%).

MPLX Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
ETEnergy Transfer LP$82.67B$20.77B
EPDEnterprise Products Partners$56.22B$13.78B
ENBEnbridge$53.47B$14.88B
PAAPlains All American Pipeline$50.07B$12.74B
OKEONEOK$21.70B$5.02B
KMIKinder Morgan$15.10B$3.70B
MPLXMPLX LP$11.93B$2.97B
WESWestern Midstream Partners, LP$3.61B$905.63M
HESMHess Midstream LP$1.50B$378.50M
AMAntero Midstream$1.11B$269.87M

MPLX Revenue FAQ

What is MPLX’s yearly revenue?

MPLX's yearly revenue for 2024 was $11.93B, representing an increase of 11.72% compared to 2023. The company's yearly revenue for 2023 was $10.68B, representing an increase of 1.33% compared to 2022. MPLX's yearly revenue for 2022 was $10.54B, representing an increase of 10.09% compared to 2021.

What is MPLX’s quarterly revenue?

MPLX's quarterly revenue for Q3 2024 was $2.97B, a 8.86% increase from the previous quarter (Q2 2024), and a 2.06% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $2.73B, a 4.84% increase from the previous quarter (Q1 2024), and a 9.38% increase year-over-year (Q2 2023). MPLX's quarterly revenue for Q1 2024 was $2.6B, a -7.13% decrease from the previous quarter (Q4 2023), and a 2.16% increase year-over-year (Q1 2023).

What is MPLX’s revenue growth rate?

MPLX's revenue growth rate for the last 3 years (2022-2024) was 13.21%, and for the last 5 years (2020-2024) was 44.71%.

What are MPLX’s revenue streams?

MPLX's revenue streams in c 24 are Product, Service, Other, and Service. Product generated $1.66B in revenue, accounting 26.75% of the company's total revenue, down -0.48% year-over-year. Service, Other generated $357M in revenue, accounting 5.76% of the company's total revenue, up 21.43% year-over-year. Service generated $4.18B in revenue, accounting 67.48% of the company's total revenue, up 4.89% year-over-year.

What is MPLX’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of MPLX was Service. This segment made a revenue of $4.18B, representing 67.48% of the company's total revenue.