MPLX Historical Income Statement

MPLX Stock  USD 53.36  1.66  3.21%   
Historical analysis of MPLX LP income statement accounts such as Total Revenue of 12.9 B can show how well MPLX LP performed in making a profits. Evaluating MPLX LP income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MPLX LP's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining MPLX LP latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MPLX LP is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MPLX LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy MPLX Stock please use our How to Invest in MPLX LP guide.

About MPLX Income Statement Analysis

MPLX LP Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to MPLX LP shareholders. The income statement also shows MPLX investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

MPLX LP Income Statement Chart

At this time, MPLX LP's Net Income Applicable To Common Shares is fairly stable compared to the past year. Net Income is likely to rise to about 4.7 B in 2025, whereas Selling General Administrative is likely to drop slightly above 227.5 M in 2025.

Total Revenue

Total revenue comprises all receipts MPLX LP generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of MPLX LP minus its cost of goods sold. It is profit before MPLX LP operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of MPLX LP. It is also known as MPLX LP overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from MPLX LP's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MPLX LP current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MPLX LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy MPLX Stock please use our How to Invest in MPLX LP guide.At this time, MPLX LP's Net Income Applicable To Common Shares is fairly stable compared to the past year. Net Income is likely to rise to about 4.7 B in 2025, whereas Selling General Administrative is likely to drop slightly above 227.5 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit4.3B4.8B5.5B5.8B
Total Revenue10.5B10.7B12.3B12.9B

MPLX LP income statement Correlations

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MPLX LP Account Relationship Matchups

MPLX LP income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization1.4B1.3B1.2B1.2B1.4B1.5B
Interest Expense896M879M925M923M1.1B1.1B
Selling General Administrative378M353M335M379M435.9M227.5M
Total Revenue8.2B9.6B10.5B10.7B12.3B12.9B
Gross Profit3.6B4.1B4.3B4.8B5.5B5.8B
Other Operating Expenses4.9B5.9B6.1B5.5B6.4B6.7B
Operating Income1.0B2.7B3.7B4.9B5.6B5.9B
Ebit3.3B3.7B4.4B4.9B5.6B5.9B
Ebitda4.7B5B5.7B6.1B7.0B7.4B
Cost Of Revenue4.7B5.5B6.3B5.9B6.7B7.1B
Total Operating Expenses244M342M(146M)(337M)(303.3M)(288.1M)
Income Before Tax(685M)3.1B4.0B4.0B4.6B4.8B
Total Other Income Expense Net(896M)(879M)(925M)(923M)(830.7M)(789.2M)
Net Income Applicable To Common Shares1.0B(720M)2.9B3.8B4.4B4.6B
Net Income(687M)3.1B3.9B3.9B4.5B4.7B
Net Income From Continuing Ops(687M)3.1B4.0B3.6B4.2B4.4B
Non Operating Income Net Other(122M)(53M)(62M)(86M)(77.4M)(81.3M)
Minority Interest33M(35M)(34M)(36M)(32.4M)(30.8M)
Net Interest Income(896M)(879M)(925M)(935M)(841.5M)(883.6M)
Reconciled Depreciation1.4B1.3B1.2B1.2B1.4B1.2B

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Additional Tools for MPLX Stock Analysis

When running MPLX LP's price analysis, check to measure MPLX LP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MPLX LP is operating at the current time. Most of MPLX LP's value examination focuses on studying past and present price action to predict the probability of MPLX LP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MPLX LP's price. Additionally, you may evaluate how the addition of MPLX LP to your portfolios can decrease your overall portfolio volatility.