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Net Income to Common Excl Extra Items for MPLX LP

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MPLX: MPLX LP

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Crude Oil and Products Logistics; and Natural Gas and NGL Se...

53.68 USD
Price
USD
Fair Value
Upside
39.56 - 54.87
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on MPLX LP's Net Income to Common Excl Extra Items:

Dec 2016Dec 2018Dec 2020Dec 2022Dec 2024-1 B1 B3 B5 B

Performance Summary
  • MPLX's latest twelve months net income to common excl extra items is 4.281 billion
  • MPLX's net income to common excl extra items for fiscal years ending December 2020 to 2024 averaged 2.795 billion.
  • MPLX's operated at median net income to common excl extra items of 3.791 billion from fiscal years ending December 2020 to 2024.
  • Looking back at the last 5 years, MPLX's net income to common excl extra items peaked in December 2024 at 4.281 billion.
  • MPLX's net income to common excl extra items hit its 5-year low in December 2020 of -842 million.
  • MPLX's net income to common excl extra items decreased in 2020 (-842 million, -192.5%) and increased in 2021 (2.936 billion, -448.7%), 2022 (3.791 billion, +29.1%), 2023 (3.808 billion, +0.4%), and 2024 (4.281 billion, +12.4%).

How does MPLX LP's Net Income to Common Excl Extra Items benchmark against competitors?

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We've identified the following companies as similar to MPLX LP because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Net Income to Common Excl Extra Items

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ni_avail_excl
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number
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text
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current
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FY, Q, LTM, YTD
Periods Supported
Free
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To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to Net Income to Common Excl Extra Items in the financials category include:

  • Stock-Based Comp - Total Stock-Based Compensation is a supplemental line item with the following components: Stock-Based Comp., COGS (Total), Stock-Based Comp., R&D Exp. (Total), Stock-Based Comp., S&M Exp. (Total), Stock-Based Comp., G&A Exp. (Total), Stock-Based Comp., SG&A Exp. (Total), Stock-Based Comp., Other (Total), Stock-Based Comp., After-Tax (Total).
  • Loss (Income) On Equity Investments - Net losses or gains arising from the sale of equity investments, securities and/or derivative assets.
  • Other Non Interest Expense - This item represents realized or unrealized Gains or Losses on Foreign exchange and reported by the company in the non-interest expense section, taxes other than income tax and all recurring operating expenses reported by the company in the non-interest expense section of Income Statement, other than salaries and other employee benefits, occupancy expense, equipment expenses, federal deposit insurance expense, stock-based compensation, selling general & administration expenses, amortization of goodwill and intangible assets, asset write-down, restructuring charges, loss on sale of loans, securities, assets and business, loss on foreclosed property, merger related charges etc.
  • As Reported, Operating Income - This item represents the operating income or operating profit as reported by the company in its financial statement.
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Net Income to Common Excl Extra Items

Represents the net income or loss available to common stockholders and is arrived after adjusting preferred stock dividends and other adjustments to n...

Definition of Net Income to Common Excl Extra Items

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MPLX reported net income to common excl extra items of 4.281 B for the latest twelve months ending December 31, 2024 on its income statement.

The tables below summarizes MPLX’s Net Income to Common Excl Extra Items and common size over the last five years:

Fiscal YearNet Income to Common Excl Extra ItemsRevenue% Revenue
2020-12-31-842 M8.505 B−9.9%
2021-12-312.936 B9.706 B30.2%
2022-12-313.791 B11.137 B34.0%
2023-12-313.808 B10.681 B35.7%
2024-12-314.281 B11.131 B38.5%

The tables below summarizes MPLX’s Net Income to Common Excl Extra Items and common size over the last four quarters:

Quarter EndingNet Income to Common Excl Extra ItemsRevenue% Revenue
2024-03-31992 M2.689 B36.9%
2024-06-301.167 B2.727 B42.8%
2024-09-301.031 B2.823 B36.5%
2024-12-311.091 B2.892 B37.7%

Click the link below to download a spreadsheet with an example Net Income to Common Excl Extra Items calculation for MPLX LP below:

Sector Benchmark Analysis

Sector
Industry Group
Industry
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-118.8 M781.2 M1.681 B3.446 B0100200300400

The chart above depicts the distribution of net income to common excl extra items for companies operating in the Energy sector in the Developed economic region. Over 910 companies were considered in this analysis, and 881 had meaningful values. The average net income to common excl extra items of companies in the sector is 139.9 M with a standard deviation of 479.8 M.

MPLX LP's Net Income to Common Excl Extra Items of 4.281 B is significantly outside the interquartile range and is excluded from the distribution. The following table provides additional summary stats:

Net Income to Common Excl Extra Items In The Energy Sector
Economic Risk RegionDeveloped
Total Constituents917
Included Constituents881
Min-215.1 M
Max3.332 B
Median-25.01 K
Mean139.9 M
Standard Deviation479.8 M

You can find companies with similar net income to common excl extra items using this stock screener.

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