MPLX LP (MPLX) Fundamental Analysis & Valuation
NYSE:MPLX • US55336V1008
Current stock price
56.36 USD
+0.47 (+0.84%)
At close:
55.75 USD
-0.61 (-1.08%)
After Hours:
This MPLX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. MPLX Profitability Analysis
1.1 Basic Checks
- In the past year MPLX was profitable.
- MPLX had a positive operating cash flow in the past year.
- Each year in the past 5 years MPLX has been profitable.
- Each year in the past 5 years MPLX had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of MPLX (11.42%) is better than 90.43% of its industry peers.
- MPLX's Return On Equity of 34.35% is amongst the best of the industry. MPLX outperforms 93.30% of its industry peers.
- MPLX has a better Return On Invested Capital (11.81%) than 89.00% of its industry peers.
- MPLX had an Average Return On Invested Capital over the past 3 years of 11.82%. This is significantly below the industry average of 23.10%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.42% | ||
| ROE | 34.35% | ||
| ROIC | 11.81% |
ROA(3y)11.11%
ROA(5y)10.46%
ROE(3y)32.23%
ROE(5y)30.51%
ROIC(3y)11.82%
ROIC(5y)11.41%
1.3 Margins
- MPLX's Profit Margin of 37.80% is amongst the best of the industry. MPLX outperforms 92.34% of its industry peers.
- MPLX's Profit Margin has improved in the last couple of years.
- MPLX has a Operating Margin of 45.72%. This is amongst the best in the industry. MPLX outperforms 91.87% of its industry peers.
- MPLX's Operating Margin has improved in the last couple of years.
- The Gross Margin of MPLX (60.60%) is better than 70.33% of its industry peers.
- MPLX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 45.72% | ||
| PM (TTM) | 37.8% | ||
| GM | 60.6% |
OM growth 3Y2.64%
OM growth 5Y7.48%
PM growth 3Y4.78%
PM growth 5YN/A
GM growth 3Y2.21%
GM growth 5Y1.33%
2. MPLX Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MPLX is still creating some value.
- MPLX has about the same amout of shares outstanding than it did 1 year ago.
- MPLX has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for MPLX is higher compared to a year ago.
2.2 Solvency
- The Debt to FCF ratio of MPLX is 6.26, which is on the high side as it means it would take MPLX, 6.26 years of fcf income to pay off all of its debts.
- MPLX has a better Debt to FCF ratio (6.26) than 62.20% of its industry peers.
- MPLX has a Debt/Equity ratio of 1.69. This is a high value indicating a heavy dependency on external financing.
- MPLX's Debt to Equity ratio of 1.69 is on the low side compared to the rest of the industry. MPLX is outperformed by 74.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 6.26 | ||
| Altman-Z | N/A |
ROIC/WACC1.63
WACC7.23%
2.3 Liquidity
- A Current Ratio of 1.23 indicates that MPLX should not have too much problems paying its short term obligations.
- The Current ratio of MPLX (1.23) is comparable to the rest of the industry.
- A Quick Ratio of 1.18 indicates that MPLX should not have too much problems paying its short term obligations.
- The Quick ratio of MPLX (1.18) is better than 61.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.18 |
3. MPLX Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an nice 14.49% over the past year.
- MPLX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.97% yearly.
- The Revenue has grown by 8.92% in the past year. This is quite good.
- MPLX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.42% yearly.
EPS 1Y (TTM)14.49%
EPS 3Y8.73%
EPS 5Y14.97%
EPS Q2Q%9.35%
Revenue 1Y (TTM)8.92%
Revenue growth 3Y3.83%
Revenue growth 5Y11.42%
Sales Q2Q%6.17%
3.2 Future
- MPLX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.43% yearly.
- MPLX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.73% yearly.
EPS Next Y-3.61%
EPS Next 2Y2.68%
EPS Next 3Y4.38%
EPS Next 5Y4.43%
Revenue Next Year1.33%
Revenue Next 2Y3.01%
Revenue Next 3Y3.9%
Revenue Next 5Y3.73%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. MPLX Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 11.69, which indicates a very decent valuation of MPLX.
- Compared to the rest of the industry, the Price/Earnings ratio of MPLX indicates a rather cheap valuation: MPLX is cheaper than 81.82% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 26.91. MPLX is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 12.13, which indicates a correct valuation of MPLX.
- Based on the Price/Forward Earnings ratio, MPLX is valued a bit cheaper than 79.43% of the companies in the same industry.
- MPLX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.69 | ||
| Fwd PE | 12.13 |
4.2 Price Multiples
- MPLX's Enterprise Value to EBITDA is on the same level as the industry average.
- Based on the Price/Free Cash Flow ratio, MPLX is valued a bit cheaper than 73.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.95 | ||
| EV/EBITDA | 11 |
4.3 Compensation for Growth
- MPLX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.78
EPS Next 2Y2.68%
EPS Next 3Y4.38%
5. MPLX Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 7.41%, MPLX is a good candidate for dividend investing.
- MPLX's Dividend Yield is rather good when compared to the industry average which is at 3.16. MPLX pays more dividend than 85.65% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.89, MPLX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.41% |
5.2 History
- The dividend of MPLX is nicely growing with an annual growth rate of 6.62%!
- MPLX has paid a dividend for at least 10 years, which is a reliable track record.
- MPLX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)6.62%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- MPLX pays out 81.91% of its income as dividend. This is not a sustainable payout ratio.
- MPLX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP81.91%
EPS Next 2Y2.68%
EPS Next 3Y4.38%
MPLX Fundamentals: All Metrics, Ratios and Statistics
56.36
+0.47 (+0.84%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-03 2026-02-03/bmo
Earnings (Next)05-04 2026-05-04
Inst Owners17.85%
Inst Owner Change0%
Ins Owners0.12%
Ins Owner Change2.36%
Market Cap57.22B
Revenue(TTM)13.00B
Net Income(TTM)4.91B
Analysts75.24
Price Target60 (6.46%)
Short Float %2.09%
Short Ratio4.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.41% |
Yearly Dividend3.95
Dividend Growth(5Y)6.62%
DP81.91%
Div Incr Years3
Div Non Decr Years3
Ex-Date02-09 2026-02-09 (1.0765)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)23.29%
Min EPS beat(2)8.67%
Max EPS beat(2)37.9%
EPS beat(4)2
Avg EPS beat(4)9.87%
Min EPS beat(4)-5.39%
Max EPS beat(4)37.9%
EPS beat(8)4
Avg EPS beat(8)6.11%
EPS beat(12)7
Avg EPS beat(12)5.37%
EPS beat(16)9
Avg EPS beat(16)7.25%
Revenue beat(2)2
Avg Revenue beat(2)6.29%
Min Revenue beat(2)0.4%
Max Revenue beat(2)12.18%
Revenue beat(4)2
Avg Revenue beat(4)0.98%
Min Revenue beat(4)-6.21%
Max Revenue beat(4)12.18%
Revenue beat(8)2
Avg Revenue beat(8)-2.02%
Revenue beat(12)5
Avg Revenue beat(12)-1.25%
Revenue beat(16)8
Avg Revenue beat(16)0.29%
PT rev (1m)2.5%
PT rev (3m)2.69%
EPS NQ rev (1m)-0.5%
EPS NQ rev (3m)-2.05%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.18%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)-3.57%
Revenue NY rev (1m)-2.06%
Revenue NY rev (3m)-2.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.69 | ||
| Fwd PE | 12.13 | ||
| P/S | 4.4 | ||
| P/FCF | 13.95 | ||
| P/OCF | 9.68 | ||
| P/B | 4 | ||
| P/tB | 13.79 | ||
| EV/EBITDA | 11 |
EPS(TTM)4.82
EY8.55%
EPS(NY)4.65
Fwd EY8.24%
FCF(TTM)4.04
FCFY7.17%
OCF(TTM)5.82
OCFY10.33%
SpS12.8
BVpS14.09
TBVpS4.09
PEG (NY)N/A
PEG (5Y)0.78
Graham Number39.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.42% | ||
| ROE | 34.35% | ||
| ROCE | 14.95% | ||
| ROIC | 11.81% | ||
| ROICexc | 12.48% | ||
| ROICexgc | 17.09% | ||
| OM | 45.72% | ||
| PM (TTM) | 37.8% | ||
| GM | 60.6% | ||
| FCFM | 31.55% |
ROA(3y)11.11%
ROA(5y)10.46%
ROE(3y)32.23%
ROE(5y)30.51%
ROIC(3y)11.82%
ROIC(5y)11.41%
ROICexc(3y)12.35%
ROICexc(5y)11.74%
ROICexgc(3y)16.63%
ROICexgc(5y)15.82%
ROCE(3y)14.96%
ROCE(5y)14.44%
ROICexgc growth 3Y2.83%
ROICexgc growth 5Y18.17%
ROICexc growth 3Y2.04%
ROICexc growth 5Y17.57%
OM growth 3Y2.64%
OM growth 5Y7.48%
PM growth 3Y4.78%
PM growth 5YN/A
GM growth 3Y2.21%
GM growth 5Y1.33%
F-Score7
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 6.26 | ||
| Debt/EBITDA | 3.31 | ||
| Cap/Depr | 133.83% | ||
| Cap/Sales | 13.91% | ||
| Interest Coverage | 6.51 | ||
| Cash Conversion | 81.01% | ||
| Profit Quality | 83.47% | ||
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.18 | ||
| Altman-Z | N/A |
F-Score7
WACC7.23%
ROIC/WACC1.63
Cap/Depr(3y)97.79%
Cap/Depr(5y)80%
Cap/Sales(3y)10.36%
Cap/Sales(5y)8.66%
Profit Quality(3y)104.65%
Profit Quality(5y)114.73%
High Growth Momentum
Growth
EPS 1Y (TTM)14.49%
EPS 3Y8.73%
EPS 5Y14.97%
EPS Q2Q%9.35%
EPS Next Y-3.61%
EPS Next 2Y2.68%
EPS Next 3Y4.38%
EPS Next 5Y4.43%
Revenue 1Y (TTM)8.92%
Revenue growth 3Y3.83%
Revenue growth 5Y11.42%
Sales Q2Q%6.17%
Revenue Next Year1.33%
Revenue Next 2Y3.01%
Revenue Next 3Y3.9%
Revenue Next 5Y3.73%
EBIT growth 1Y12.39%
EBIT growth 3Y6.56%
EBIT growth 5Y19.75%
EBIT Next Year29.02%
EBIT Next 3Y13.84%
EBIT Next 5Y9.26%
FCF growth 1Y-16.14%
FCF growth 3Y-0.89%
FCF growth 5Y4.2%
OCF growth 1Y-0.62%
OCF growth 3Y5.59%
OCF growth 5Y5.5%
MPLX LP / MPLX Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for MPLX LP?
ChartMill assigns a fundamental rating of 6 / 10 to MPLX.
What is the valuation status of MPLX LP (MPLX) stock?
ChartMill assigns a valuation rating of 6 / 10 to MPLX LP (MPLX). This can be considered as Fairly Valued.
What is the profitability of MPLX stock?
MPLX LP (MPLX) has a profitability rating of 8 / 10.
What is the financial health of MPLX LP (MPLX) stock?
The financial health rating of MPLX LP (MPLX) is 3 / 10.
Can you provide the dividend sustainability for MPLX stock?
The dividend rating of MPLX LP (MPLX) is 7 / 10 and the dividend payout ratio is 81.91%.