MPLX LP【MPLX】
Market cap
$59.6B
P/E ratio
| Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Net income | - | 146 | 178 | 157 | 258 | 836 | 1,834 | 1,462 | -687 | 3,112 | 3,978 | 3,966 | 4,357 |
| Amortization of deferred financing costs | - | - | - | - | - | - | - | - | - | - | - | 55 | 54 |
| Depreciation and amortization | - | - | - | - | - | - | - | - | - | 1,287 | 1,230 | 1,213 | 1,283 |
| Deferred income taxes | - | 0 | - | 2 | -17 | -1 | 8 | -2 | -1 | -2 | 3 | 3 | 2 |
| Gain on sales-type leases and equity method investments | - | - | - | - | - | - | - | - | - | - | - | 92 | 20 |
| Loss/(gain) on disposal of assets | - | - | - | - | - | - | - | - | - | - | -34 | 14 | -3 |
| Income from equity method investments | - | - | - | 3 | -74 | 78 | 240 | 290 | -936 | 321 | 476 | 600 | 802 |
| Distributions from unconsolidated affiliates | - | - | - | 15 | 148 | 241 | 400 | 525 | 459 | 508 | 578 | 736 | 826 |
| Change in fair value of derivatives | - | - | - | 6 | -43 | -6 | 10 | -2 | -3 | -45 | 47 | - | 3 |
| Receivables | - | -5 | -2 | 29 | 52 | -8 | 122 | -17 | -62 | 199 | -14 | -14 | -180 |
| Inventories | - | - | - | -1 | 8 | 3 | 5 | 9 | 12 | 24 | 5 | 19 | 20 |
| Increase (Decrease) in Accounts Payable and Accrued Liabilities | - | -3 | 1 | 4 | 100 | 48 | 100 | -59 | 36 | 193 | -33 | -40 | 5 |
| Assets and liabilities - related parties | - | -19 | -15 | 8 | -6 | -63 | 50 | 163 | -8 | -101 | -40 | -84 | -84 |
| Right of use assets and operating lease liabilities | - | - | - | - | - | - | - | -4 | 5 | 2 | 3 | - | 3 |
| Deferred revenue | - | - | - | - | - | 33 | 39 | 100 | 112 | 88 | 108 | 107 | -5 |
| All other, net | - | 2 | 2 | 17 | 20 | 28 | 45 | 9 | 3 | 26 | 34 | -16 | 5 |
| Net cash provided by operating activities | - | 212 | 247 | 239 | 1,288 | 1,907 | 2,826 | 4,082 | 4,521 | 4,911 | 5,019 | 5,397 | 5,946 |
| Additions to property, plant and equipment | - | 107 | 79 | 264 | 1,206 | 1,411 | 1,919 | 2,408 | 1,183 | 529 | 806 | 937 | 1,056 |
| Acquisitions, net of cash acquired | - | - | - | 1,218 | - | 249 | 451 | - | - | - | 28 | 246 | 622 |
| Disposal of assets | - | 0 | - | - | 1 | 7 | 8 | 30 | 56 | 126 | 84 | 26 | 1 |
| Investments - acquisitions and contributions | - | - | - | - | - | - | - | - | - | - | - | - | 464 |
| Proceeds from Equity Method Investment, Distribution, Return of Capital | - | - | - | - | - | 26 | 16 | 18 | 123 | 36 | 11 | 3 | 146 |
| Net cash used in investing activities | - | -114 | -75 | -1,498 | -1,212 | -2,307 | -2,686 | -3,063 | -1,262 | -518 | -956 | -1,252 | -1,995 |
| Long-term debt borrowings | - | - | 1,160 | 1,490 | 434 | 2,911 | 13,186 | 9,174 | - | - | 3,379 | 1,589 | 1,630 |
| Long-term debt repayments | - | - | 526 | 1,441 | 1,312 | 416 | 6,780 | 7,924 | - | - | 2,202 | 1,001 | 1,151 |
| Related party debt borrowings | - | - | - | 301 | 2,532 | 2,369 | 3,962 | 9,313 | 6,264 | 8,493 | - | - | - |
| Related party debt repayments | - | - | - | 293 | 2,540 | 1,983 | 4,347 | 8,719 | 6,858 | 7,043 | - | - | - |
| Debt issuance costs | - | - | 3 | 11 | - | 29 | 76 | 20 | 25 | - | 29 | 15 | 15 |
| Unit repurchases | - | - | - | - | - | - | - | - | 33 | 630 | 491 | - | 326 |
| Redemption of Series B preferred units | - | - | - | - | - | - | - | - | - | - | - | 600 | - |
| Distributions to noncontrolling interests | - | 83 | 47 | 1 | 3 | 7 | 17 | 30 | 37 | 39 | 38 | 41 | 44 |
| Series A Preferred Stock | - | - | - | - | - | - | - | 81 | 81 | 100 | 85 | 94 | 44 |
| Series B Preferred Stock | - | - | - | - | - | - | - | 21 | 41 | 41 | 41 | 21 | - |
| Distributions to LP unitholders | - | 78 | 103 | 158 | 845 | 1,120 | 1,819 | 2,435 | 2,884 | 3,432 | 2,921 | 3,181 | 3,559 |
| Contributions from MPC | - | - | - | - | 225 | - | - | 74 | 50 | 45 | 44 | 31 | 35 |
| All other, net | - | - | - | - | -4 | -12 | -11 | -13 | -10 | -2 | -4 | -2 | -6 |
| Net cash used in financing activities | - | -261 | -198 | 1,275 | 115 | 171 | -73 | -1,089 | -3,259 | -4,395 | -3,838 | -3,335 | -3,480 |
| Net change in cash, cash equivalents and restricted cash | - | - | - | - | - | - | 67 | -70 | - | -2 | 225 | 810 | 471 |