Mplx LP revenue by segment MPLX

Annual Quarterly

Mplx LP splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Natural Gas And NGL Services at $4.9 billion, 50% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Natural Gas And NGL Services at $4.9 billion, 50% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016
Revenue	10,203	9,726	9,189	8,733	11,613	10,027	7,569	9,041	5,449	3,867	3,029
Operating segments
Natural Gas And NGL Services	5,249 +6.4% share 51.4%	4,886 +5.6% share 50.2%	4,628 +5.7% share 50.4%	4,380 -9.7% share 50.2%	4,848 +18.6% share 41.7%	4,089 +38.3% share 40.8%	2,956 -7.2% share 39.1%	3,185 share 35.2%	—	—	—
Crude Oil And Products Logistics	4,954 +4.1% share 48.6%	4,840 +6.1% share 49.8%	4,561 +4.8% share 49.6%	4,353 +6.8% share 49.8%	4,076 +3.7% share 35.1%	3,932 -0.2% share 39.2%	3,940 +2.2% share 52.1%	3,856 share 42.7%	—	—	—
Sales mix
Natural Gas And NGL Services	5,249 +6.4% share 51.4%	4,886 +5.6% share 50.2%	4,628 +5.7% share 50.4%	4,380 -9.7% share 50.2%	4,848 +18.6% share 41.7%	4,089 +38.3% share 40.8%	2,956 -7.2% share 39.1%	3,185 share 35.2%	—	—	—
Crude Oil And Products Logistics	4,954 +4.1% share 48.6%	4,840 +6.1% share 49.8%	4,561 +4.8% share 49.6%	4,353 +6.8% share 49.8%	4,076 +3.7% share 35.1%	3,932 -0.2% share 39.2%	3,940 +2.2% share 52.1%	3,856 share 42.7%	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Pipe Lines (No Natural Gas) (SIC 4610)
Listed as: MPLX (NYSE)
Fiscal year ends: December 31
Headquarters: Findlay, OH
SEC filer status: Large accelerated filer
SEC CIK: 1552000

Other Pipe Lines (No Natural Gas) companies

All 8 Pipe Lines (No Natural Gas) companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.