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Side-by-side financial comparison of AMDOCS LTD (DOX) and MPLX LP (MPLX). Click either name above to swap in a different company.

MPLX LP is the larger business by last-quarter revenue ($2.5B vs $1.3B, roughly 2.0× AMDOCS LTD). MPLX LP runs the higher net margin — 49.1% vs 11.2%, a 37.9% gap on every dollar of revenue. On growth, MPLX LP posted the faster year-over-year revenue change (1.4% vs 1.1%). Over the past eight quarters, MPLX LP's revenue compounded faster (6.2% CAGR vs 4.5%).

Amdocs Limited is a multinational telecommunications technology company headquartered in Chesterfield, Missouri. The company specializes in software and services for communications, media and financial services providers and digital enterprises. Amdocs was founded in 1982 and is publicly traded on the Nasdaq stock exchange.

MarkWest Energy Partners, L.P., a subsidiary of MPLX LP, is a natural gas gathering, processing and transportation company master limited partnership of the United States. In 1988, the company was founded in Denver, Colorado and grew to be Colorado's 13th largest company. In 2015 it was acquired by MPLX, itself a subsidiary of Marathon Petroleum.

DOX vs MPLX — Head-to-Head

Bigger by revenue
MPLX
MPLX
2.0× larger
MPLX
$2.5B
$1.3B
DOX
Growing faster (revenue YoY)
MPLX
MPLX
+0.3% gap
MPLX
1.4%
1.1%
DOX
Higher net margin
MPLX
MPLX
37.9% more per $
MPLX
49.1%
11.2%
DOX
Faster 2-yr revenue CAGR
MPLX
MPLX
Annualised
MPLX
6.2%
4.5%
DOX

Income Statement — Q3 FY2024 vs Q4 FY2025

Metric
DOX
DOX
MPLX
MPLX
Revenue
$1.3B
$2.5B
Net Profit
$140.3M
$1.2B
Gross Margin
Operating Margin
14.1%
60.5%
Net Margin
11.2%
49.1%
Revenue YoY
1.1%
1.4%
Net Profit YoY
-12.0%
8.5%
EPS (diluted)
$1.21

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DOX
DOX
MPLX
MPLX
Q4 25
$2.5B
Q3 25
$2.5B
Q2 25
$2.4B
Q1 25
$2.5B
Q4 24
$2.4B
Q3 24
$2.3B
Q2 24
$1.3B
$2.3B
Q1 24
$1.2B
$2.2B
Net Profit
DOX
DOX
MPLX
MPLX
Q4 25
$1.2B
Q3 25
$1.6B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.0B
Q2 24
$140.3M
$1.2B
Q1 24
$118.5M
$1.0B
Operating Margin
DOX
DOX
MPLX
MPLX
Q4 25
60.5%
Q3 25
73.2%
Q2 25
54.9%
Q1 25
55.5%
Q4 24
55.6%
Q3 24
54.4%
Q2 24
14.1%
62.9%
Q1 24
12.5%
57.6%
Net Margin
DOX
DOX
MPLX
MPLX
Q4 25
49.1%
Q3 25
63.2%
Q2 25
44.9%
Q1 25
46.2%
Q4 24
45.9%
Q3 24
44.6%
Q2 24
11.2%
52.6%
Q1 24
9.5%
46.7%
EPS (diluted)
DOX
DOX
MPLX
MPLX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$1.21
Q1 24
$1.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DOX
DOX
MPLX
MPLX
Cash + ST InvestmentsLiquidity on hand
$2.1B
Total DebtLower is stronger
$24.2B
Stockholders' EquityBook value
Total Assets
$43.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOX
DOX
MPLX
MPLX
Q4 25
$2.1B
Q3 25
$1.8B
Q2 25
$1.4B
Q1 25
$2.5B
Q4 24
$1.5B
Q3 24
$2.4B
Q2 24
$2.5B
Q1 24
$385.0M
Total Debt
DOX
DOX
MPLX
MPLX
Q4 25
$24.2B
Q3 25
$24.1B
Q2 25
$19.7B
Q1 25
$19.7B
Q4 24
$19.3B
Q3 24
$19.3B
Q2 24
$19.2B
Q1 24
$18.8B
Total Assets
DOX
DOX
MPLX
MPLX
Q4 25
$43.0B
Q3 25
$43.2B
Q2 25
$37.8B
Q1 25
$39.0B
Q4 24
$37.5B
Q3 24
$38.5B
Q2 24
$38.4B
Q1 24
$36.5B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DOX
DOX
MPLX
MPLX
Operating Cash FlowLast quarter
$1.5B
Free Cash FlowOCF − Capex
$782.0M
FCF MarginFCF / Revenue
31.9%
Capex IntensityCapex / Revenue
29.1%
Cash ConversionOCF / Net Profit
1.24×
TTM Free Cash FlowTrailing 4 quarters
$4.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOX
DOX
MPLX
MPLX
Q4 25
$1.5B
Q3 25
$1.4B
Q2 25
$1.7B
Q1 25
$1.2B
Q4 24
$1.7B
Q3 24
$1.4B
Q2 24
$1.6B
Q1 24
$1.3B
Free Cash Flow
DOX
DOX
MPLX
MPLX
Q4 25
$782.0M
Q3 25
$905.0M
Q2 25
$1.4B
Q1 25
$979.0M
Q4 24
$1.4B
Q3 24
$1.1B
Q2 24
$1.4B
Q1 24
$1.0B
FCF Margin
DOX
DOX
MPLX
MPLX
Q4 25
31.9%
Q3 25
36.8%
Q2 25
60.9%
Q1 25
39.8%
Q4 24
56.6%
Q3 24
48.4%
Q2 24
60.0%
Q1 24
47.7%
Capex Intensity
DOX
DOX
MPLX
MPLX
Q4 25
29.1%
Q3 25
21.4%
Q2 25
12.8%
Q1 25
10.9%
Q4 24
12.7%
Q3 24
11.9%
Q2 24
9.4%
Q1 24
11.7%
Cash Conversion
DOX
DOX
MPLX
MPLX
Q4 25
1.24×
Q3 25
0.92×
Q2 25
1.64×
Q1 25
1.10×
Q4 24
1.51×
Q3 24
1.35×
Q2 24
1.32×
Q1 24
1.27×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DOX
DOX

Segment breakdown not available.

MPLX
MPLX

Services$746.0M30%
Other$675.0M28%
Products$492.0M20%
Nonrelated Party$186.0M8%
Related Party$151.0M6%
Crude Oil And Products Logistics$104.0M4%
Service Other$56.0M2%
Natural Gas And NGL Services$41.0M2%

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