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Saturday 17 October 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. 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.

58.16 1.04 +1.82%
Market cap
$57.9B
P/E
12.5×
Fwd P/E
13.1×
Dividend yield
7.40%
F-score
7/9
Altman Z
n/a
Beneish M
−2.57
Dividend safety
33/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

MPLX LP (MPLX) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, MPLX LP (MPLX) trades at a P/E ratio of 12.5×. Over the past ten years it has ranged from 0.0× (March 2021) to 78.6× (April 2017); the current reading is higher than 63% of that period. That is in line with the Oil & Gas Midstream industry median of 12.8× and below the Energy sector median of 13.9×.

P/E ratio, daily

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Annual newest first

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× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 12.1× (1.93%)
Mar 2026 12.4× 11.56%
Dec 2025 11.1× 4.63%
Sep 2025 10.6× (13.51%)
42 more quarters

Against its own ten years

Low 0.0× High 78.6×
Ten-year median 11.6×
Current reading's percentile 63

P/E ratio against peers

Company P/E ratio
MPLX MPLX LP 12.5×
EPD Enterprise Products Partners L.P. compare 12.8×
ET Energy Transfer LP compare 13.8×
OKE ONEOK, Inc. compare 16.1×
LNG Cheniere Energy, Inc. compare 21.4×
KMI Kinder Morgan, Inc. compare 21.9×
TRP TC Energy Corporation compare 25.6×
TRGP Targa Resources, Inc. compare 28.0×
WMB Williams Companies, Inc. (The) compare 28.3×
Oil & Gas Midstream industry median 12.8×
Energy sector median 13.9×
Market median 18.1×

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 →

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