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) Total debt

Alert me on Total debt

MPLX LP's total debt at the end of fiscal 2025 was $25.7B, up 22.5% from $20.9B in fiscal 2024. At the end of the quarter to 30 September 2026 it was $26.6B. Over the past ten years it has ranged from $4.4B (fiscal 2016) to $25.7B (fiscal 2025) — the current reading is the highest in ten years. MPLX LP ranks 8th of 53 Oil & Gas Midstream companies by total debt.

Total debt, annual

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Annual newest first

Period Total debt Change
FY2025 $25.7B 22.46%
FY2024 $20.9B 2.53%
FY2023 $20.4B 3.21%
FY2022 $19.8B 6.60%
FY2021 $18.6B (7.79%)
FY2020 $20.1B 2.16%
FY2019 $19.7B 9.99%
FY2018 $17.9B 158.06%
FY2017 $6.9B 57.06%
FY2016 $4.4B (15.85%)

Quarterly newest first

Period Total debt Change
Sep 2026 $26.6B 3.78%
Jun 2026 $25.6B 0.02%
Mar 2026 $25.6B (0.07%)
Dec 2025 $25.7B 0.03%
43 more quarters

Against its own ten years

Low $4.4B High $25.7B
Ten-year median $19.7B
Current reading's percentile 100

Total debt against peers

What Total debt is

Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.

Long Term Debt (Total) + Current Part of Debt

The full definition of Total debt →

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