stockrowMPLX LP
MPLX Energy Oil & Gas Midstream
MPLX LP’s revenue for fiscal 2025 (year ended December 2025) was $13.0 billion, up 8.92% from fiscal 2024.
- Revenue
- −0.39%
- EPS
- −23.8%
- Free cash flow
- −23.8%
- Total debt
- +3.75%
Quarter to September 2026, against a year earlier
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MPLX LP (MPLX) Debt to equity
MPLX LP's debt to equity at the end of the quarter to 30 September 2026 was 1.9×, up 0.1× from fiscal 2025 (1.8×). Over the past ten years it has ranged from 0.4× (fiscal 2016) to 1.8× (fiscal 2025) — the current reading is the highest in ten years. That is above the Oil & Gas Midstream industry median of 0.8× and above the Energy sector median of 0.4×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 1.8× | 16.39% |
| FY2024 | 1.5× | (5.77%) |
| FY2023 | 1.6× | 2.04% |
| FY2022 | 1.6× | 2.40% |
| FY2021 | 1.5× | (0.40%) |
| FY2020 | 1.5× | 30.38% |
| FY2019 | 1.2× | 17.39% |
| FY2018 | 1.0× | 45.15% |
| FY2017 | 0.7× | 74.97% |
| FY2016 | 0.4× | (26.78%) |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | 1.9× | 3.50% |
| Jun 2026 | 1.8× | 0.33% |
| Mar 2026 | 1.8× | 1.54% |
| Dec 2025 | 1.8× | 0.00% |
| 43 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| OKE ONEOK, Inc. compare | 0.9× |
| KMI Kinder Morgan, Inc. compare | 1.0× |
| EPD Enterprise Products Partners L.P. compare | 1.1× |
| ET Energy Transfer LP compare | 1.4× |
| WMB Williams Companies, Inc. (The) compare | 1.6× |
| TRP TC Energy Corporation compare | 1.7× |
| MPLX MPLX LP | 1.9× |
| LNG Cheniere Energy, Inc. compare | 2.0× |
| TRGP Targa Resources, Inc. compare | 5.0× |
| Oil & Gas Midstream industry median | 0.8× |
| Energy sector median | 0.4× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on MPLX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Beneish M-score
- The full statement