MPLX 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

56.63 0.38 +0.68%
Market cap
$57.3B
P/E
13.2×
Fwd P/E
14.0×
Dividend yield
9.74%
F-score
7/9
Altman Z
n/a
Beneish M
−2.57
Dividend safety
33/100

MPLX LP (MPLX) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, MPLX LP (MPLX) trades at a EV/FCF of 20.2×. Over the past ten years it has ranged from −4,002× (December 2016) to 294× (July 2016); the current reading is higher than 58% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 15.3× 10.29%
FY2024 13.9× 11.29%
FY2023 12.5× 2.41%
FY2022 12.2× 12.45%
FY2021 10.9× (14.06%)
FY2020 12.6× (49.66%)
FY2019 25.1× (40.61%)
FY2018 42.3× 2.11%
FY2017 41.4× (53.23%)
FY2016 88.5× (8.84%)

Quarterly newest first

Period EV/FCF Change
Sep 2026 20.1× 6.06%
Jun 2026 19.0× 12.56%
Mar 2026 16.8× 9.74%
Dec 2025 15.3× (3.79%)
43 more quarters

Against its own ten years

Low −4,002× High 294×
Ten-year median 16.7×
Current reading's percentile 62

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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