Revenue
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.20B | $13.48B | $13.65B | $18.13B | $16.15B | $10.10B | $12.08B | $13.32B | $13.71B | $13.06B | $14.40B | $16.23B | $14.07B | $9.97B | $7.94B | $7.85B | $7.19B |
| Gross profit | $9.67B | $9.15B | $8.71B | $8.87B | $9.66B | $7.55B | $8.82B | $8.90B | $9.36B | $9.63B | $10.34B | $9.95B | $8.82B | $6.92B | $4.67B | — | — |
| Gross margin | 63.63% | 67.83% | 63.82% | 48.95% | 59.81% | 74.79% | 72.99% | 66.80% | 68.30% | 73.74% | 71.82% | 61.31% | 62.67% | 69.35% | 58.73% | — | — |
| Operating expenses | $746.0M | $736.0M | $759.0M | $593.0M | $623.0M | $2.48B | $2.59B | $2.52B | $10.18B | $9.52B | $11.96B | $11.78B | $10.08B | $7.38B | $6.52B | $6.72B | $5.78B |
| Operating income | $4.72B | $4.38B | $4.26B | $4.07B | $2.92B | $1.56B | $4.87B | $3.79B | $3.53B | $3.54B | $2.45B | $4.45B | $3.99B | $2.59B | $1.42B | $1.13B | $1.41B |
| Operating margin | 31.07% | 32.52% | 31.24% | 22.42% | 18.05% | 15.45% | 40.34% | 28.49% | 25.75% | 27.09% | 16.99% | 27.41% | 28.36% | 26.00% | 17.92% | 14.43% | 19.58% |
| EBITDA | $7.18B | $6.74B | $6.51B | $6.25B | $5.05B | $3.72B | $7.28B | $6.09B | $5.79B | $5.75B | $4.76B | $6.49B | $5.80B | $4.01B | $2.49B | $2.19B | $2.48B |
| EBITDA margin | 47.21% | 49.97% | 47.72% | 34.48% | 31.27% | 36.88% | 60.30% | 45.74% | 42.25% | 44.01% | 33.02% | 39.99% | 41.19% | 40.23% | 31.36% | 27.88% | 34.48% |
| Net income | $3.06B | $2.61B | $2.39B | $2.55B | $1.78B | $119.0M | $2.19B | $1.61B | $183.0M | $708.0M | $253.0M | $1.03B | $1.19B | $315.0M | $594.0M | −$41.0M | $495.0M |
| Net profit margin | 20.10% | 19.38% | 17.52% | 14.06% | 11.04% | 1.18% | 18.13% | 12.08% | 1.34% | 5.42% | 1.76% | 6.32% | 8.48% | 3.16% | 7.48% | −0.52% | 6.89% |
| Basic EPSper basic share | $1.37 | $1.17 | $1.06 | $1.12 | $0.78 | $0.05 | $0.96 | $0.66 | $0.01 | $0.25 | $0.10 | $0.89 | $1.15 | — | — | — | — |
| Diluted EPSper diluted share | $1.37 | $1.17 | $1.06 | $1.12 | $0.78 | $0.05 | $0.96 | $0.66 | $0.01 | $0.25 | $0.10 | $0.89 | $1.15 | — | — | — | — |
Reported shareholders
| Holder | % owned |
|---|---|
KINDER RICHARD D | ≈11.60%258.09M shares |
BlackRock, Inc. | 7.90%175.83M shares |
STATE STREET CORP | 5.88%130.86M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 5.64%125.59M shares |
VANGUARD PORTFOLIO MANAGEMENT LLC | 3.05%67.89M shares |
BANK OF AMERICA CORP /DE/ | 2.76%61.46M shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.50%55.69M shares |
NORGES BANK | 1.69%37.6M shares |
JPMORGAN CHASE & CO | 1.46%32.41M shares |
MORGAN STANLEY | 1.37%30.48M shares |
CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.34%29.77M shares |
Blackstone Inc. | 1.17%26.07M shares |
GOLDMAN SACHS GROUP INC | 1.16%25.72M shares |
Invesco Ltd. | 1.02%22.69M shares |
NORTHERN TRUST CORP | 0.80%17.73M shares |
DIMENSIONAL FUND ADVISORS LP | 0.79%17.54M shares |
FMR LLC | 0.75%16.58M shares |
UBS Group AG | 0.73%16.35M shares |
Amundi | 0.66%14.73M shares |
DEUTSCHE BANK AG\ | 0.61%13.49M shares |
Percentages use 2.22B shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 16, 2026Form 4 · 10b5-1 | Garthwaite Michael P.VP (Pres., Products Pipelines) | SellClass P Common Stock | 1.6K | $31.44 | $48.7K | 41.7K |
| Jun 5, 2026Form 4 · 10b5-1 | Schlosser John WV.P. (President, Terminals) | SellClass P Common Stock | 6.2K | $31.83 | $196.3K | 170.4K |
| May 18, 2026Form 4 · 10b5-1 | Garthwaite Michael P.VP (Pres., Products Pipelines) | SellClass P Common Stock | 1.6K | $33.65 | $52.2K | 43.3K |
| May 5, 2026Form 4 · 10b5-1 | Schlosser John WV.P. (President, Terminals) | SellClass P Common Stock | 6.2K | $32.41 | $199.8K | 176.5K |
| Apr 16, 2026Form 4 · 10b5-1 | Garthwaite Michael P.VP (Pres., Products Pipelines) | SellClass P Common Stock | 1.6K | $31.72 | $49.2K | 44.8K |