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Side-by-side financial comparison of MPLX LP (MPLX) and RPM INTERNATIONAL INC (RPM). Click either name above to swap in a different company.

MPLX LP is the larger business by last-quarter revenue ($2.5B vs $1.9B, roughly 1.3× RPM INTERNATIONAL INC). MPLX LP runs the higher net margin — 49.1% vs 8.4%, a 40.6% gap on every dollar of revenue. On growth, RPM INTERNATIONAL INC posted the faster year-over-year revenue change (3.5% vs 1.4%). MPLX LP produced more free cash flow last quarter ($782.0M vs $296.4M). Over the past eight quarters, RPM INTERNATIONAL INC's revenue compounded faster (12.0% CAGR vs 6.2%).

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.

BVS Entertainment, Inc., formerly known as Saban Productions, Saban International and Saban Entertainment, is a subsidiary of the Walt Disney Company. Founded on April 24, 1980, as a music production company by Haim Saban and Shuki Levy, it slowly transitioned to or gravitated towards television production and distribution, where it is most known for producing and distributing children's programs for Fox Family/ABC Family and defunct channels Fox Kids and Jetix.

MPLX vs RPM — Head-to-Head

Bigger by revenue
MPLX
MPLX
1.3× larger
MPLX
$2.5B
$1.9B
RPM
Growing faster (revenue YoY)
RPM
RPM
+2.1% gap
RPM
3.5%
1.4%
MPLX
Higher net margin
MPLX
MPLX
40.6% more per $
MPLX
49.1%
8.4%
RPM
More free cash flow
MPLX
MPLX
$485.6M more FCF
MPLX
$782.0M
$296.4M
RPM
Faster 2-yr revenue CAGR
RPM
RPM
Annualised
RPM
12.0%
6.2%
MPLX

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
MPLX
MPLX
RPM
RPM
Revenue
$2.5B
$1.9B
Net Profit
$1.2B
$161.2M
Gross Margin
40.8%
Operating Margin
60.5%
11.0%
Net Margin
49.1%
8.4%
Revenue YoY
1.4%
3.5%
Net Profit YoY
8.5%
-12.0%
EPS (diluted)
$1.26

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
MPLX
MPLX
RPM
RPM
Q4 25
$2.5B
$1.9B
Q3 25
$2.5B
$2.1B
Q2 25
$2.4B
$2.1B
Q1 25
$2.5B
$1.5B
Q4 24
$2.4B
$1.8B
Q3 24
$2.3B
$2.0B
Q2 24
$2.3B
$2.0B
Q1 24
$2.2B
$1.5B
Net Profit
MPLX
MPLX
RPM
RPM
Q4 25
$1.2B
$161.2M
Q3 25
$1.6B
$227.6M
Q2 25
$1.1B
$225.8M
Q1 25
$1.1B
$52.0M
Q4 24
$1.1B
$183.2M
Q3 24
$1.0B
$227.7M
Q2 24
$1.2B
$180.6M
Q1 24
$1.0B
$61.2M
Gross Margin
MPLX
MPLX
RPM
RPM
Q4 25
40.8%
Q3 25
42.3%
Q2 25
42.4%
Q1 25
38.4%
Q4 24
41.4%
Q3 24
42.5%
Q2 24
41.4%
Q1 24
39.9%
Operating Margin
MPLX
MPLX
RPM
RPM
Q4 25
60.5%
11.0%
Q3 25
73.2%
14.1%
Q2 25
54.9%
11.9%
Q1 25
55.5%
2.8%
Q4 24
55.6%
11.5%
Q3 24
54.4%
14.8%
Q2 24
62.9%
11.9%
Q1 24
57.6%
5.5%
Net Margin
MPLX
MPLX
RPM
RPM
Q4 25
49.1%
8.4%
Q3 25
63.2%
10.8%
Q2 25
44.9%
10.8%
Q1 25
46.2%
3.5%
Q4 24
45.9%
9.9%
Q3 24
44.6%
11.6%
Q2 24
52.6%
9.0%
Q1 24
46.7%
4.0%
EPS (diluted)
MPLX
MPLX
RPM
RPM
Q4 25
$1.26
Q3 25
$1.77
Q2 25
$1.76
Q1 25
$0.40
Q4 24
$1.42
Q3 24
$1.77
Q2 24
$1.40
Q1 24
$0.47

Balance Sheet & Financial Strength

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

Metric
MPLX
MPLX
RPM
RPM
Cash + ST InvestmentsLiquidity on hand
$2.1B
$316.6M
Total DebtLower is stronger
$24.2B
$2.5B
Stockholders' EquityBook value
$3.1B
Total Assets
$43.0B
$7.9B
Debt / EquityLower = less leverage
0.80×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPLX
MPLX
RPM
RPM
Q4 25
$2.1B
$316.6M
Q3 25
$1.8B
$297.1M
Q2 25
$1.4B
$302.1M
Q1 25
$2.5B
$241.9M
Q4 24
$1.5B
$268.7M
Q3 24
$2.4B
$231.6M
Q2 24
$2.5B
$237.4M
Q1 24
$385.0M
$248.9M
Total Debt
MPLX
MPLX
RPM
RPM
Q4 25
$24.2B
$2.5B
Q3 25
$24.1B
$2.7B
Q2 25
$19.7B
$2.6B
Q1 25
$19.7B
$2.1B
Q4 24
$19.3B
$2.0B
Q3 24
$19.3B
$2.0B
Q2 24
$19.2B
$2.0B
Q1 24
$18.8B
$2.2B
Stockholders' Equity
MPLX
MPLX
RPM
RPM
Q4 25
$3.1B
Q3 25
$3.1B
Q2 25
$2.9B
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
$2.6B
Q2 24
$2.5B
Q1 24
$2.3B
Total Assets
MPLX
MPLX
RPM
RPM
Q4 25
$43.0B
$7.9B
Q3 25
$43.2B
$7.9B
Q2 25
$37.8B
$7.8B
Q1 25
$39.0B
$6.6B
Q4 24
$37.5B
$6.7B
Q3 24
$38.5B
$6.6B
Q2 24
$38.4B
$6.6B
Q1 24
$36.5B
$6.4B
Debt / Equity
MPLX
MPLX
RPM
RPM
Q4 25
0.80×
Q3 25
0.87×
Q2 25
0.91×
Q1 25
0.78×
Q4 24
0.74×
Q3 24
0.77×
Q2 24
0.79×
Q1 24
0.93×

Cash Flow & Capital Efficiency

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

Metric
MPLX
MPLX
RPM
RPM
Operating Cash FlowLast quarter
$1.5B
$345.7M
Free Cash FlowOCF − Capex
$782.0M
$296.4M
FCF MarginFCF / Revenue
31.9%
15.5%
Capex IntensityCapex / Revenue
29.1%
2.6%
Cash ConversionOCF / Net Profit
1.24×
2.14×
TTM Free Cash FlowTrailing 4 quarters
$4.1B
$582.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPLX
MPLX
RPM
RPM
Q4 25
$1.5B
$345.7M
Q3 25
$1.4B
$237.5M
Q2 25
$1.7B
$149.2M
Q1 25
$1.2B
$91.5M
Q4 24
$1.7B
$279.4M
Q3 24
$1.4B
$248.1M
Q2 24
$1.6B
$181.2M
Q1 24
$1.3B
$173.4M
Free Cash Flow
MPLX
MPLX
RPM
RPM
Q4 25
$782.0M
$296.4M
Q3 25
$905.0M
$175.0M
Q2 25
$1.4B
$78.2M
Q1 25
$979.0M
$33.3M
Q4 24
$1.4B
$229.5M
Q3 24
$1.1B
$197.3M
Q2 24
$1.4B
$105.3M
Q1 24
$1.0B
$124.6M
FCF Margin
MPLX
MPLX
RPM
RPM
Q4 25
31.9%
15.5%
Q3 25
36.8%
8.3%
Q2 25
60.9%
3.8%
Q1 25
39.8%
2.3%
Q4 24
56.6%
12.4%
Q3 24
48.4%
10.0%
Q2 24
60.0%
5.2%
Q1 24
47.7%
8.2%
Capex Intensity
MPLX
MPLX
RPM
RPM
Q4 25
29.1%
2.6%
Q3 25
21.4%
3.0%
Q2 25
12.8%
3.4%
Q1 25
10.9%
3.9%
Q4 24
12.7%
2.7%
Q3 24
11.9%
2.6%
Q2 24
9.4%
3.8%
Q1 24
11.7%
3.2%
Cash Conversion
MPLX
MPLX
RPM
RPM
Q4 25
1.24×
2.14×
Q3 25
0.92×
1.04×
Q2 25
1.64×
0.66×
Q1 25
1.10×
1.76×
Q4 24
1.51×
1.53×
Q3 24
1.35×
1.09×
Q2 24
1.32×
1.00×
Q1 24
1.27×
2.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

RPM
RPM

Construction Products Group Segment$737.4M39%
Consumer Segment$638.6M33%
Performance Coatings Group Segment$533.8M28%

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