MPLX LP (MPLX)
NYSE: MPLX · Real-Time Price · USD
55.91
+0.57 (1.03%)
At close: Nov 6, 2026, 4:00 PM EST
56.03
+0.12 (0.21%)
After-hours: Nov 6, 2026, 7:55 PM EST

MPLX LP Statistics

Total Valuation

MPLX LP has a market cap or net worth of $56.68 billion. The enterprise value is $81.79 billion.

Market Cap56.68B
Enterprise Value 81.79B

Important Dates

The last earnings date was Tuesday, November 3, 2026, before market open.

Earnings Date Nov 3, 2026
Ex-Dividend Date Nov 6, 2026

Share Statistics

MPLX LP has 1.01 billion shares outstanding. The number of shares has decreased by -0.71% in one year.

Current Share Class 1.01B
Shares Outstanding 1.01B
Shares Change (YoY) -0.71%
Shares Change (QoQ) -0.10%
Owned by Insiders (%) 0.15%
Owned by Institutions (%) 19.84%
Float 364.75M

Valuation Ratios

The trailing PE ratio is 13.06 and the forward PE ratio is 12.12.

PE Ratio 13.06
Forward PE 12.12
PS Ratio 4.57
Forward PS 3.99
PB Ratio 4.04
P/TBV Ratio 14.27
P/FCF Ratio 16.99
P/OCF Ratio 9.49
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.19, with an EV/FCF ratio of 24.52.

EV / Earnings 18.83
EV / Sales 6.59
EV / EBITDA 13.19
EV / EBIT 17.21
EV / FCF 24.52

Financial Position

The company has a current ratio of 0.89, with a Debt / Equity ratio of 1.83.

Current Ratio 0.89
Quick Ratio 0.81
Debt / Equity 1.83
Debt / EBITDA 4.21
Debt / FCF 7.83
Interest Coverage 3.95

Financial Efficiency

Return on equity (ROE) is 33.69% and return on invested capital (ROIC) is 12.05%.

Return on Equity (ROE) 33.69%
Return on Assets (ROA) 7.25%
Return on Invested Capital (ROIC) 12.05%
Return on Capital Employed (ROCE) 11.80%
Weighted Average Cost of Capital (WACC) 6.07%
Revenue Per Employee $2.15M
Profits Per Employee $753,731
Employee Count5,762
Asset Turnover 0.30
Inventory Turnover 27.19

Taxes

In the past 12 months, MPLX LP has paid $8.00 million in taxes.

Income Tax 8.00M
Effective Tax Rate 0.18%

Stock Price Statistics

The stock price has increased by +8.40% in the last 52 weeks. The beta is 0.45, so MPLX LP's price volatility has been lower than the market average.

Beta (5Y) 0.45
52-Week Price Change +8.40%
50-Day Moving Average 58.19
200-Day Moving Average 57.26
Relative Strength Index (RSI) 38.22
Average Volume (20 Days) 1,705,817

Short Selling Information

The latest short interest is 6.48 million, so 0.64% of the outstanding shares have been sold short.

Short Interest 6.48M
Short Previous Month 6.63M
Short % of Shares Out 0.64%
Short % of Float 1.78%
Short Ratio (days to cover) 4.59

Income Statement

In the last 12 months, MPLX LP had revenue of $12.41 billion and earned $4.34 billion in profits. Earnings per share was $4.28.

Revenue12.41B
Gross Profit 6.80B
Operating Income 4.75B
Pretax Income 4.39B
Net Income 4.34B
EBITDA 6.20B
EBIT 4.75B
Earnings Per Share (EPS) $4.28
Full Income Statement

Balance Sheet

The company has $1.03 billion in cash and $26.13 billion in debt, with a net cash position of -$25.10 billion or -$24.76 per share.

Cash & Cash Equivalents 1.03B
Total Debt 26.13B
Net Cash -25.10B
Net Cash Per Share -$24.76
Equity (Book Value) 14.25B
Book Value Per Share 13.83
Working Capital -348.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $5.98 billion and capital expenditures -$2.64 billion, giving a free cash flow of $3.34 billion.

Operating Cash Flow 5.98B
Capital Expenditures -2.64B
Depreciation & Amortization 1.45B
Net Borrowing 3.79B
Free Cash Flow 3.34B
FCF Per Share $3.29
Full Cash Flow Statement

Margins

Gross margin is 54.82%, with operating and profit margins of 38.30% and 35.03%.

Gross Margin 54.82%
Operating Margin 38.30%
Pretax Margin 35.41%
Profit Margin 35.03%
EBITDA Margin 49.98%
EBIT Margin 38.30%
FCF Margin 27.72%

Dividends & Yields

This stock pays an annual dividend of $4.84, which amounts to a dividend yield of 8.67%.

Dividend Per Share $4.84
Dividend Yield 8.67%
Dividend Growth (YoY) 12.53%
Years of Dividend Growth 12
Payout Ratio 113.19%
FCF Payout Ratio 147.23%
Buyback Yield 0.71%
Shareholder Yield 9.37%
Earnings Yield 7.66%
FCF Yield 5.89%
Dividend Details

Analyst Forecast

The average price target for MPLX LP is $62.77, which is 12.27% higher than the current price. The consensus rating is "Buy".

Price Target $62.77
Price Target Difference 12.27%
Analyst Consensus Buy
Analyst Count 15
Revenue Growth Forecast (3Y) 8.24%
EPS Growth Forecast (3Y) 6.57%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside
Graham Formula Value
Graham Formula Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 4