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. In the quarter to June 2026, revenue grew 10.3%, EPS grew 2.91%, free cash flow fell 38.9% and total debt rose 20.8%, each against the same quarter a year earlier. Dividend growth for five consecutive years.
Follow MPLX
MPLX LP (MPLX) EV/Sales
As of 16 October 2026, MPLX LP (MPLX) trades at a EV/Sales of 6.3×. Over the past ten years it has ranged from 2.9× (December 2015) to 9.7× (June 2016); the current reading is higher than 80% of that period. That is above the Oil & Gas Midstream industry median of 3.9× and above the Energy sector median of 2.3×.
EV/Sales, daily
Embed this chart
Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 6.0× | 5.09% |
| FY2024 | 5.7× | 14.70% |
| FY2023 | 5.0× | 10.06% |
| FY2022 | 4.5× | (7.45%) |
| FY2021 | 4.9× | (13.83%) |
| FY2020 | 5.7× | 19.76% |
| FY2019 | 4.7× | (19.00%) |
| FY2018 | 5.8× | 8.48% |
| FY2017 | 5.4× | 2.94% |
| FY2016 | 5.2× | (36.22%) |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 6.2× | (2.66%) |
| Mar 2026 | 6.4× | 6.04% |
| Dec 2025 | 6.0× | 2.66% |
| Sep 2025 | 5.8× | (1.90%) |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| ET Energy Transfer LP compare | 1.3× |
| EPD Enterprise Products Partners L.P. compare | 1.9× |
| OKE ONEOK, Inc. compare | 2.3× |
| LNG Cheniere Energy, Inc. compare | 3.9× |
| TRGP Targa Resources, Inc. compare | 4.9× |
| KMI Kinder Morgan, Inc. compare | 6.0× |
| MPLX MPLX LP | 6.3× |
| TRP TC Energy Corporation compare | 9.5× |
| WMB Williams Companies, Inc. (The) compare | 9.6× |
| Oil & Gas Midstream industry median | 3.9× |
| Energy sector median | 2.3× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((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)) ÷ Revenue (TTM)