MPLX LP (MPLX) Fundamental Analysis & Valuation

NYSE:MPLX • US55336V1008

Current stock price

55.52 USD
+0.44 (+0.8%)
At close:
55.525 USD
+0 (+0.01%)
After Hours:

This MPLX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

8

1. MPLX Profitability Analysis

1.1 Basic Checks

  • MPLX had positive earnings in the past year.
  • In the past year MPLX had a positive cash flow from operations.
  • Each year in the past 5 years MPLX has been profitable.
  • MPLX had a positive operating cash flow in each of the past 5 years.
MPLX Yearly Net Income VS EBIT VS OCF VS FCFMPLX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B

1.2 Ratios

  • With an excellent Return On Assets value of 11.42%, MPLX belongs to the best of the industry, outperforming 89.95% of the companies in the same industry.
  • MPLX has a Return On Equity of 34.35%. This is amongst the best in the industry. MPLX outperforms 93.30% of its industry peers.
  • The Return On Invested Capital of MPLX (11.81%) is better than 88.52% 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 22.52%.
Industry RankSector 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%
MPLX Yearly ROA, ROE, ROICMPLX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30

1.3 Margins

  • The Profit Margin of MPLX (37.80%) is better than 92.34% of its industry peers.
  • In the last couple of years the Profit Margin of MPLX has grown nicely.
  • Looking at the Operating Margin, with a value of 45.72%, MPLX belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
  • In the last couple of years the Operating Margin of MPLX has grown nicely.
  • With a decent Gross Margin value of 60.60%, MPLX is doing good in the industry, outperforming 69.38% of the companies in the same industry.
  • MPLX's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
MPLX Yearly Profit, Operating, Gross MarginsMPLX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60

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3

2. MPLX Health Analysis

2.1 Basic Checks

  • MPLX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • Compared to 1 year ago, MPLX has about the same amount of shares outstanding.
  • Compared to 5 years ago, MPLX has less shares outstanding
  • MPLX has a worse debt/assets ratio than last year.
MPLX Yearly Shares OutstandingMPLX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
MPLX Yearly Total Debt VS Total AssetsMPLX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B

2.2 Solvency

  • MPLX has a debt to FCF ratio of 6.26. This is a slightly negative value and a sign of low solvency as MPLX would need 6.26 years to pay back of all of its debts.
  • MPLX has a better Debt to FCF ratio (6.26) than 63.16% of its industry peers.
  • A Debt/Equity ratio of 1.69 is on the high side and indicates that MPLX has dependencies on debt financing.
  • With a Debt to Equity ratio value of 1.69, MPLX is not doing good in the industry: 76.08% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.69
Debt/FCF 6.26
Altman-Z N/A
ROIC/WACC1.63
WACC7.26%
MPLX Yearly LT Debt VS Equity VS FCFMPLX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

2.3 Liquidity

  • MPLX has a Current Ratio of 1.23. This is a normal value and indicates that MPLX is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of MPLX (1.23) is comparable to the rest of the industry.
  • MPLX has a Quick Ratio of 1.18. This is a normal value and indicates that MPLX is financially healthy and should not expect problems in meeting its short term obligations.
  • The Quick ratio of MPLX (1.18) is better than 60.77% of its industry peers.
Industry RankSector Rank
Current Ratio 1.23
Quick Ratio 1.18
MPLX Yearly Current Assets VS Current LiabilitesMPLX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

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5

3. MPLX Growth Analysis

3.1 Past

  • MPLX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.49%, which is quite good.
  • Measured over the past years, MPLX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.97% on average per year.
  • MPLX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.92%.
  • 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

  • The Earnings Per Share is expected to grow by 4.43% on average over the next years.
  • 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-3.82%
EPS Next 2Y1.67%
EPS Next 3Y3.68%
EPS Next 5Y4.43%
Revenue Next Year1.16%
Revenue Next 2Y3.18%
Revenue Next 3Y4.07%
Revenue Next 5Y3.73%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
MPLX Yearly Revenue VS EstimatesMPLX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 5B 10B 15B
MPLX Yearly EPS VS EstimatesMPLX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 0 2 4 6

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6

4. MPLX Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 11.52, the valuation of MPLX can be described as very reasonable.
  • MPLX's Price/Earnings ratio is rather cheap when compared to the industry. MPLX is cheaper than 82.30% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of MPLX to the average of the S&P500 Index (26.54), we can say MPLX is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 11.98, the valuation of MPLX can be described as reasonable.
  • Based on the Price/Forward Earnings ratio, MPLX is valued a bit cheaper than 74.64% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of MPLX to the average of the S&P500 Index (21.68), we can say MPLX is valued slightly cheaper.
Industry RankSector Rank
PE 11.52
Fwd PE 11.98
MPLX Price Earnings VS Forward Price EarningsMPLX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • MPLX's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of MPLX indicates a somewhat cheap valuation: MPLX is cheaper than 73.21% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 13.74
EV/EBITDA 10.89
MPLX Per share dataMPLX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10

4.3 Compensation for Growth

  • The excellent profitability rating of MPLX may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.77
EPS Next 2Y1.67%
EPS Next 3Y3.68%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. MPLX Dividend Analysis

5.1 Amount

  • MPLX has a Yearly Dividend Yield of 7.74%, which is a nice return.
  • Compared to an average industry Dividend Yield of 3.21, MPLX pays a better dividend. On top of this MPLX pays more dividend than 87.08% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, MPLX pays a better dividend.
Industry RankSector Rank
Dividend Yield 7.74%

5.2 History

  • The dividend of MPLX is nicely growing with an annual growth rate of 6.62%!
  • MPLX has been paying a dividend for at least 10 years, so it has 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
MPLX Yearly Dividends per shareMPLX Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4

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 2Y1.67%
EPS Next 3Y3.68%
MPLX Yearly Income VS Free CF VS DividendMPLX Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B 4B
MPLX Dividend Payout.MPLX Dividend Payout, showing the Payout Ratio.MPLX Dividend Payout.PayoutRetained Earnings

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MPLX Fundamentals: All Metrics, Ratios and Statistics

MPLX LP

NYSE:MPLX (4/29/2026, 8:04:00 PM)

After market: 55.525 +0 (+0.01%)

55.52

+0.44 (+0.8%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Industry Strength77.64
Industry Growth84.47
Earnings (Last)02-03
Earnings (Next)05-05
Inst Owners17.83%
Inst Owner Change-0.5%
Ins Owners0.13%
Ins Owner Change2.36%
Market Cap56.36B
Revenue(TTM)13.00B
Net Income(TTM)4.91B
Analysts75.24
Price Target59.91 (7.91%)
Short Float %2.23%
Short Ratio4.58
Dividend
Industry RankSector Rank
Dividend Yield 7.74%
Yearly Dividend3.95
Dividend Growth(5Y)6.62%
DP81.91%
Div Incr Years3
Div Non Decr Years3
Ex-Date02-09
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)2.36%
PT rev (3m)2.42%
EPS NQ rev (1m)-1.44%
EPS NQ rev (3m)-3.56%
EPS NY rev (1m)-0.22%
EPS NY rev (3m)0.15%
Revenue NQ rev (1m)-2.8%
Revenue NQ rev (3m)-6.22%
Revenue NY rev (1m)-0.44%
Revenue NY rev (3m)-3.17%
Valuation
Industry RankSector Rank
PE 11.52
Fwd PE 11.98
P/S 4.34
P/FCF 13.74
P/OCF 9.54
P/B 3.94
P/tB 13.58
EV/EBITDA 10.89
EPS(TTM)4.82
EY8.68%
EPS(NY)4.64
Fwd EY8.35%
FCF(TTM)4.04
FCFY7.28%
OCF(TTM)5.82
OCFY10.48%
SpS12.8
BVpS14.09
TBVpS4.09
PEG (NY)N/A
PEG (5Y)0.77
Graham Number39.0861 (-29.6%)
Profitability
Industry RankSector 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 RankSector 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
WACC7.26%
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-3.82%
EPS Next 2Y1.67%
EPS Next 3Y3.68%
EPS Next 5Y4.43%
Revenue 1Y (TTM)8.92%
Revenue growth 3Y3.83%
Revenue growth 5Y11.42%
Sales Q2Q%6.17%
Revenue Next Year1.16%
Revenue Next 2Y3.18%
Revenue Next 3Y4.07%
Revenue Next 5Y3.73%
EBIT growth 1Y12.39%
EBIT growth 3Y6.56%
EBIT growth 5Y19.75%
EBIT Next Year28.49%
EBIT Next 3Y13.19%
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%.