MPLX Q4 2023 Earnings — MPLX Lp Revenue & Financial Results | Market Cap Arena

MPLXMPLX Lp

$60B

Q4 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$2.7B+7.0% YoY

Gross Profit

$1.2B45.3% margin

Operating Income

$1.4B51.4% margin

Net Income

$1.1B42.4% margin

EPS (Diluted)

$1.11

QoQ Revenue Growth

-1.4%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$1.2B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$36.5B

Total Liabilities

$22.9B

Stockholders' Equity

$13.3B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.5B	+7.0%
Gross Profit	$1.2B	$1.0B	+20.7%
Operating Income	$1.4B	$1.1B	+29.7%
Net Income	$1.1B	$816M	+39.0%

Revenue Segments

Service

$2.9B68%

Product

$1.2B27%

Service, Other

$219M5%