MPLX LP Financials

MPLX Stock  USD 53.87  0.50  0.94%   
Based on the analysis of MPLX LP's profitability, liquidity, and operating efficiency, MPLX LP is performing exceptionally good at this time. It has a great risk to report excellent financial results in February. At this time, MPLX LP's Other Current Assets are fairly stable compared to the past year. Total Liabilities is likely to rise to about 28.4 B in 2026, whereas Total Assets are likely to drop slightly above 22.2 B in 2026. Key indicators impacting MPLX LP's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.471.4
Sufficiently Up
Slightly volatile
Operating Income6.4 B6.1 B
Sufficiently Up
Slightly volatile
Current Ratio1.631.16
Significantly Up
Slightly volatile
The financial analysis of MPLX LP is a critical element in measuring its lifeblood. Investors should not minimize MPLX LP's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

5.21 Billion

  
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Please note, the imprecision that can be found in MPLX LP's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MPLX LP. Check MPLX LP's Beneish M Score to see the likelihood of MPLX LP's management manipulating its earnings.

MPLX LP Stock Summary

MPLX LP competes with TC Energy, Energy Transfer, Cheniere Energy, ONEOK, and Suncor Energy. MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation. Mplx LP operates under Oil And Gas Equipment And Services classification in the United States and is traded on New York Stock Exchange.
Specialization
Energy, Oil & Gas Midstream
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS55336V1008
Business Address200 East Hardin
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.mplx.com
Phone419 422 2121
CurrencyUSD - US Dollar

MPLX LP Key Financial Ratios

MPLX LP Key Balance Sheet Accounts

202120222023202420252026 (projected)
Total Assets35.5B35.7B36.5B37.5B43.1B22.2B
Other Current Liab2.5B1.1B1.2B1.2B1.4B1.5B
Other Liab481M495M637M484M556.6M301.1M
Accounts Payable172M224M153M147M169.1M215.1M
Cash13M238M1.0B1.5B1.7B1.8B
Other Assets489M35.5B35.7B36.5B42.0B44.1B
Long Term Debt18.1B18.8B19.3B19.3B22.1B23.2B
Inventory142M148M159M180M207M217.4M
Other Current Assets218M36M40M39M38.0M46.0M
Total Liab22.5B22.2B22.9B23.5B27.0B28.4B
Intangible Assets831M705M654M518M595.7M539.4M
Net Debt19.1B20.1B19.9B19.9B22.9B11.8B
Net Receivables1.3B1.5B1.6B1.5B1.8B1.9B
Total Current Assets1.5B1.9B2.8B3.3B3.8B4.0B
Short Term Debt561M1.0B1.2B1.7B2.0B2.1B
Retained Earnings(13.8B)(12.8B)(13.3B)(12.5B)(11.2B)(11.8B)
Common Stock11.2B11.7B12.5B13.6B15.6B9.7B
Net Tangible Assets6.8B5.4B3.3B5.9B6.7B5.6B
Long Term Debt Total19.7B19.4B18.1B18.8B21.6B11.7B
Short Long Term Debt499M988M1.1B1.7B1.5B1.3B

MPLX LP Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
202120222023202420252026 (projected)
Interest Expense879M925M923M921M1.1B1.1B
Total Revenue9.6B10.5B10.4B10.9B12.5B13.2B
Gross Profit4.1B4.3B4.6B4.8B5.5B5.8B
Operating Income4.0B4.9B4.9B5.3B6.1B6.4B
Ebit3.9B4.8B4.9B5.3B6.1B6.4B
Ebitda5.2B6.1B6.1B6.6B7.6B8.0B
Cost Of Revenue5.5B6.3B5.9B6.1B7.0B7.4B
Income Before Tax3.1B4.0B4.0B4.4B5.0B5.3B
Net Income3.1B3.9B3.9B4.3B5.0B5.2B
Minority Interest33M(35M)(34M)(36M)(40M)(34.2M)
Net Interest Income(879M)(925M)(935M)(921M)(828.9M)(870.3M)

MPLX Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining MPLX LP's current stock value. Our valuation model uses many indicators to compare MPLX LP value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MPLX LP competition to find correlations between indicators driving MPLX LP's intrinsic value. More Info.
MPLX LP is regarded second in return on equity category among its peers. It is regarded third in return on asset category among its peers reporting about  0.21  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for MPLX LP is roughly  4.82 . At this time, MPLX LP's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MPLX LP's earnings, one of the primary drivers of an investment's value.

MPLX LP Systematic Risk

MPLX LP's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MPLX LP volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on MPLX LP correlated with the market. If Beta is less than 0 MPLX LP generally moves in the opposite direction as compared to the market. If MPLX LP Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MPLX LP is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MPLX LP is generally in the same direction as the market. If Beta > 1 MPLX LP moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in MPLX LP Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MPLX LP's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of MPLX LP growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.07

At this time, MPLX LP's Price Earnings To Growth Ratio is fairly stable compared to the past year.

MPLX LP January 3, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of MPLX LP help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MPLX LP. We use our internally-developed statistical techniques to arrive at the intrinsic value of MPLX LP based on widely used predictive technical indicators. In general, we focus on analyzing MPLX Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MPLX LP's daily price indicators and compare them against related drivers.

Additional Tools for MPLX Stock Analysis

When running MPLX LP's price analysis, check to measure MPLX LP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MPLX LP is operating at the current time. Most of MPLX LP's value examination focuses on studying past and present price action to predict the probability of MPLX LP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MPLX LP's price. Additionally, you may evaluate how the addition of MPLX LP to your portfolios can decrease your overall portfolio volatility.