MPLX Lp (MPLX)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $bn | 8 | 10 | 11 | 10 | 11 | 12 | 13 | 13 |
| Operating profit | $bn | 5 | 6 | ||||||
| Net profit | $bn | -1 | 3 | 4 | 4 | 4 | 5 | 5 | 5 |
| EPS reported | $ | 4.82 | 4.65 | ||||||
| Operating cashflow per share | $ | 5.80 | 5.89 | ||||||
| Capex per share | $ | 1.77 | 1.52 | ||||||
| FCF per share | $ | 4.02 | 4.36 | ||||||
| Free cash flow | $bn | 4 | 4 | ||||||
| Net debt | $bn | 24 | 25 | ||||||
| Book value equity | $bn | 14 | 14 | ||||||
| Book value per share | $ | 14.03 | 13.82 | ||||||
| Number of shares | m | 1,019 | 1,015 | ||||||
| DPS (TTM paid) | $ | 3.95 | 4.31 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 11.07 | 12.22 | ||||||
| P/B LTM | x | 3.80 | 3.88 | ||||||
| P/S LTM | x | 4.60 | 4.22 | ||||||
| P/FCF LTM | x | 13.26 | 12.28 | ||||||
| EV/EBITDA LTM | x | 10.75 | 10.69 | ||||||
| EV/Sales LTM | x | 6.64 | 6.61 | ||||||
| Earnings Yield LTM | % | +9.03% | +8.18% | ||||||
| FCF Yield | % | +7.54% | +8.15% | ||||||
| Quality | |||||||||
| ROE | % | +34.35% | +33.42% | ||||||
| ROIC | % | +11.51% | +13.45% | ||||||
| Operating margin | % | +40.30% | +42.91% | ||||||
| Gross margin | % | +45.23% | +52.17% | ||||||
| FCF/Sales | % | +34.70% | +34.37% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +14.49% | +10.45% | ||||||
| Sales Growth YoY | % | +8.37% | +18.22% | ||||||
| Net Income Growth YoY | % | +13.78% | +9.73% | ||||||
| FCF Growth | % | -16.13% | -9.41% | ||||||
| Operating Profit Growth | % | -9.95% | +4.60% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +7.40% | +7.24% | ||||||
| Dividend Growth | % | +12.53% | +22.80% | ||||||
| Payout Ratio | % | +81.93% | +110.68% | ||||||
| FCF/Debt | x | 0.16 | 0.17 | ||||||
| Net Debt/EBITDA | x | 3.29 | 3.39 | ||||||
| EBIT/Net interest | x | 4.84 | 4.87 | ||||||
| Net debt/market cap | % | +47.27% | +42.48% | ||||||
| Net debt/Equity | x | 1.65 | 1.75 | ||||||
| Gross debt/equity | x | 1.83 | 1.85 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
MPLX LP, incorporated in 2012 and headquartered in Findlay, Ohio, operates as a subsidiary of Marathon Petroleum Corporation, with MPLX GP LLC serving as its general partner. The company is a prominent owner and operator of midstream energy infrastructure and logistics assets primarily across the United States. Its business is segmented into Logistics and Storage, and Gathering and Processing. MPLX's extensive operations involve the gathering, processing, and transportation of natural gas, alongside the gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids. It also handles the collection, storage, transportation, and distribution of crude oil, refined products, and other hydrocarbon-based goods, including the sale of residue gas and condensate. Furthermore, the company manages inland marine businesses, focusing on the transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks within the Mid-Continent and Gulf Coast regions, utilizing its owned and third-party chartered boats and barges, and maintaining a marine repair facility on the Ohio River. Complementing these activities, MPLX oversees fuel distribution, refining logistics, terminals, rail facilities, and storage caverns, and operates specialized terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through various modes including pipeline, rail, marine, and over-the-road transport.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
MPLX LP, incorporated in 2012 and headquartered in Findlay, Ohio, operates as a subsidiary of Marathon Petroleum Corporation, with MPLX GP LLC serving as its general partner. The company is a prominent owner and operator of midstream energy infrastructure and logistics assets primarily across the United States. Its business is segmented into Logistics and Storage, and Gathering and Processing. MPLX's extensive operations involve the gathering, processing, and transportation of natural gas, alongside the gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids. It also handles the collection, storage, transportation, and distribution of crude oil, refined products, and other hydrocarbon-based goods, including the sale of residue gas and condensate. Furthermore, the company manages inland marine businesses, focusing on the transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks within the Mid-Continent and Gulf Coast regions, utilizing its owned and third-party chartered boats and barges, and maintaining a marine repair facility on the Ohio River. Complementing these activities, MPLX oversees fuel distribution, refining logistics, terminals, rail facilities, and storage caverns, and operates specialized terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through various modes including pipeline, rail, marine, and over-the-road transport.
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