MPLXNYSEPipe Lines (No Natural Gas)Fiscal year ends December 31
MPLX LP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$58.18+0.02 (+0.03%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
45.7%+42.9 pts over 5 years
Net margin
–
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +8.9% | +3.8% | +11.4% | +28.0% | |
| Operating income | +12.4% | +6.6% | +95.0% | – | |
| Free cash flow | -16.1% | -0.9% | +4.2% | +46.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | 1.4% | -1.9% | – | |
| Current ratio | 1.14 | 0.73 | 1.23 | |
| Interest coverage | – | – | 5.5× | |
| Capex to revenue | 43.3% | 15.6% | 13.9% |
Where the cash went
Fiscal 2021 to 2025, five years combined
Mplx Lp generated $27.18B from operations and spent $6.98B on capital expenditure, dividends and share buybacks. 74% of that went back into the business.
Generated
$27.18B
Used
$6.98B
Capital expenditure$5.14B74%Dividends$00%Share buybacks$1.85B26%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 4 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$5.91B
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income$5.91B vs –
- Less leverageLong-term debt to assets fell51.3% → 56.2%
- Better liquidityCurrent ratio rose1.01 → 1.23
- No dilutionShare count did not rise– → –
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.33 → 0.35