Friday 6 November 2026 Export MPLX’s income statement to Excel — free account

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

Dividend growth 5 yrs

56.63 0.38 +0.68%

Follow MPLX

Alert me

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

Overview Business Profile Earnings & Analysis Segments Valuation Filings

MPLX LP (MPLX) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, MPLX LP (MPLX) trades at a P/E ratio of 13.2×. Over the past ten years it has ranged from 0.0× (March 2021) to 78.6× (April 2017); the current reading is higher than 66% of that period. That is above the Oil & Gas Midstream industry median of 11.7× and above the Energy sector median of 11.9×.

Embed this chart

Code for your page

<iframe src="https://stockrow.com/embed/MPLX/pe-ratio" width="100%" height="360" style="border:0" loading="lazy" title="MPLX LP P/E ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/MPLX/metrics/pe-ratio">MPLX LP (MPLX) P/E ratio — stockrow.com</a></p>

Period	P/E ratio	Change
FY2025	11.1×	(2.60%)
FY2024	11.4×	18.11%
FY2023	9.6×	10.78%
FY2022	8.7×	(16.03%)
FY2021	10.3×	—
FY2020	0.0×	—
FY2019	21.2×	61.05%
FY2018	13.2×	(61.25%)
FY2017	34.0×	—
FY2016	0.0×	—

Period	P/E ratio	Change
Sep 2026	13.1×	8.43%
Jun 2026	12.1×	(1.93%)
Mar 2026	12.4×	11.56%
Dec 2025	11.1×	4.63%
43 more quarters	Free account

Against its own ten years

Low 0.0× High 78.6×

Ten-year median 11.6×

Current reading's percentile 66

Company	P/E ratio
EPD Enterprise Products Partners L.P. compare	12.2×
ET Energy Transfer LP compare	12.6×
MPLX MPLX LP	13.2×
OKE ONEOK, Inc. compare	13.3×
KMI Kinder Morgan, Inc. compare	18.7×
LNG Cheniere Energy, Inc. compare	19.4×
TRGP Targa Resources, Inc. compare	24.1×
WMB Williams Companies, Inc. (The) compare	24.7×
TRP TC Energy Corporation compare	26.0×
Oil & Gas Midstream industry median	11.7×
Energy sector median	11.9×
Market median	17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

MPLX LP (MPLX) P/E ratio

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on MPLX

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on MPLX

Stockrow Weekly