# MPLX LP (MPLX) · Edgar & Edgarette company card

> Mplx (MPLX) grew revenue 8.9% in FY2025 to $13.0 billion, operating margin 45.7%. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1552000 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/MPLX) · [JSON](https://www.pops4.com/boards/company/MPLX.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $13.0B |
| Revenue growth, 1 year | 8.9% |
| Revenue growth per year | 6.7% |
| Operating margin | 45.7% (prior year 44.3%) |
| Net margin | 38.1% |
| Operating cash flow | $5.9B |
| Capital spending | $1.8B |
| Free cash flow | $4.1B |
| Cash | $2.1B |
| Long-term debt | $25.7B |
| Total assets | $43.0B |
| Total equity | — |
| Equity ÷ assets | — |
| Return on equity | — |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $13.0B (FY2025), total debt $25.7B. Experience: revenue up 8.9% on the year, up 6.7% a year over 4 years; operating margin 45.7%, up from 44.3%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $12.2B and $14.7B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $11.2B to $15.9B. A statistical range, not company guidance.

Range logged 2026-10-30, receipt 557b11f3ec9ab476, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 4, latest 2026-10-29 ([filing](https://www.sec.gov/Archives/edgar/data/1552000/000155200026000040/0001552000-26-000040-index.htm))

## Recent filings

- 8-K · filed 2026-10-29 · 5.02 Departure or Election of Directors; Appointment of Officers; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1552000/000155200026000040/0001552000-26-000040-index.htm)
- 8-K · filed 2026-08-24 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1552000/000119312526362680/0001193125-26-362680-index.htm)
- 10-Q · filed 2026-08-04 · [filing](https://www.sec.gov/Archives/edgar/data/1552000/000155200026000038/0001552000-26-000038-index.htm)
- 8-K · filed 2026-08-04 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1552000/000155200026000035/0001552000-26-000035-index.htm)
- 10-Q · filed 2026-05-05 · [filing](https://www.sec.gov/Archives/edgar/data/1552000/000155200026000025/0001552000-26-000025-index.htm)
- 8-K · filed 2026-05-05 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1552000/000155200026000023/0001552000-26-000023-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001552000.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1552000

## Cite

POPS4, Edgar & Edgarette: MPLX LP (MPLX) company card, from the company's own SEC filings, accessed 2026-10-30, https://www.pops4.com/boards/company/MPLX. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.