MPLX LP (MPLX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MPLX - US55336V1008
53.83 USD
+0.46 (+0.86%)
We assign a fundamental rating of 6 out of 10 to MPLX. MPLX was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. While MPLX belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. MPLX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
MPLX had positive earnings in the past year.
In the past year MPLX had a positive cash flow from operations.
MPLX had positive earnings in 4 of the past 5 years.
MPLX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 11.12%, MPLX belongs to the top of the industry, outperforming 92.34% of the companies in the same industry.
Looking at the Return On Equity, with a value of 33.64%, MPLX belongs to the top of the industry, outperforming 93.30% of the companies in the same industry.
With an excellent Return On Invested Capital value of 11.54%, MPLX belongs to the best of the industry, outperforming 87.56% of the companies in the same industry.
MPLX had an Average Return On Invested Capital over the past 3 years of 11.77%. This is significantly below the industry average of 21.27%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.12% | ||
| ROE | 33.64% | ||
| ROIC | 11.54% |
ROA(3y)10.86%
ROA(5y)7.71%
ROE(3y)31.09%
ROE(5y)22.31%
ROIC(3y)11.77%
ROIC(5y)10.15%
1.3 Margins
The Profit Margin of MPLX (37.54%) is better than 92.82% of its industry peers.
In the last couple of years the Profit Margin of MPLX has grown nicely.
MPLX has a Operating Margin of 45.30%. This is amongst the best in the industry. MPLX outperforms 90.91% of its industry peers.
In the last couple of years the Operating Margin of MPLX has grown nicely.
With a decent Gross Margin value of 60.15%, MPLX is doing good in the industry, outperforming 68.90% of the companies in the same industry.
MPLX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 45.3% | ||
| PM (TTM) | 37.54% | ||
| GM | 60.15% |
OM growth 3Y3.27%
OM growth 5Y2.2%
PM growth 3Y7%
PM growth 5Y28.24%
GM growth 3Y1.12%
GM growth 5Y0.25%
2. Health
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.
MPLX has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, MPLX has less shares outstanding
Compared to 1 year ago, MPLX has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of MPLX is 5.47, which is a neutral value as it means it would take MPLX, 5.47 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of MPLX (5.47) is better than 63.64% 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.
Looking at the Debt to Equity ratio, with a value of 1.69, MPLX is doing worse than 76.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 5.47 | ||
| Altman-Z | N/A |
ROIC/WACC1.45
WACC7.95%
2.3 Liquidity
A Current Ratio of 1.31 indicates that MPLX should not have too much problems paying its short term obligations.
MPLX has a Current ratio of 1.31. This is comparable to the rest of the industry: MPLX outperforms 59.33% of its industry peers.
A Quick Ratio of 1.26 indicates that MPLX should not have too much problems paying its short term obligations.
MPLX's Quick ratio of 1.26 is fine compared to the rest of the industry. MPLX outperforms 64.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 11.32% 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 12.66% yearly.
Looking at the last year, MPLX shows a quite strong growth in Revenue. The Revenue has grown by 8.22% in the last year.
MPLX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.71% yearly.
EPS 1Y (TTM)11.32%
EPS 3Y13.76%
EPS 5Y12.66%
EPS Q2Q%50.5%
Revenue 1Y (TTM)8.22%
Revenue growth 3Y5.97%
Revenue growth 5Y5.71%
Sales Q2Q%21.77%
3.2 Future
Based on estimates for the next years, MPLX will show a small growth in Earnings Per Share. The EPS will grow by 5.87% on average per year.
The Revenue is expected to grow by 4.33% on average over the next years.
EPS Next Y13.31%
EPS Next 2Y5.15%
EPS Next 3Y7.04%
EPS Next 5Y5.87%
Revenue Next Year8.81%
Revenue Next 2Y6.43%
Revenue Next 3Y6.32%
Revenue Next 5Y4.33%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
MPLX is valuated reasonably with a Price/Earnings ratio of 11.40.
MPLX's Price/Earnings ratio is a bit cheaper when compared to the industry. MPLX is cheaper than 72.73% of the companies in the same industry.
MPLX is valuated cheaply when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 11.57 indicates a reasonable valuation of MPLX.
Based on the Price/Forward Earnings ratio, MPLX is valued a bit cheaper than 67.46% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.13. MPLX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.4 | ||
| Fwd PE | 11.57 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as MPLX.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MPLX indicates a somewhat cheap valuation: MPLX is cheaper than 70.81% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.68 | ||
| EV/EBITDA | 10.97 |
4.3 Compensation for Growth
MPLX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MPLX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.86
PEG (5Y)0.9
EPS Next 2Y5.15%
EPS Next 3Y7.04%
5. Dividend
5.1 Amount
MPLX has a Yearly Dividend Yield of 7.97%, which is a nice return.
Compared to an average industry Dividend Yield of 3.93, MPLX pays a better dividend. On top of this MPLX pays more dividend than 81.82% of the companies listed in the same industry.
MPLX's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.97% |
5.2 History
The dividend of MPLX has a limited annual growth rate of 5.42%.
MPLX has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of MPLX decreased in the last 3 years.
Dividend Growth(5Y)5.42%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
81.29% of the earnings are spent on dividend by MPLX. This is not a sustainable payout ratio.
MPLX's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP81.29%
EPS Next 2Y5.15%
EPS Next 3Y7.04%
NYSE:MPLX (1/2/2026, 3:44:08 PM)
53.83
+0.46 (+0.86%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners20.95%
Inst Owner Change-7.76%
Ins Owners0.12%
Ins Owner Change0.4%
Market Cap54.75B
Revenue(TTM)12.81B
Net Income(TTM)4.81B
Analysts77
Price Target58.43 (8.55%)
Short Float %2.77%
Short Ratio6.62
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.97% |
Yearly Dividend3.57
Dividend Growth(5Y)5.42%
DP81.29%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)16.26%
Min EPS beat(2)-5.39%
Max EPS beat(2)37.9%
EPS beat(4)2
Avg EPS beat(4)7.97%
Min EPS beat(4)-5.39%
Max EPS beat(4)37.9%
EPS beat(8)4
Avg EPS beat(8)6.82%
EPS beat(12)6
Avg EPS beat(12)3.87%
EPS beat(16)9
Avg EPS beat(16)6.83%
Revenue beat(2)1
Avg Revenue beat(2)2.98%
Min Revenue beat(2)-6.21%
Max Revenue beat(2)12.18%
Revenue beat(4)1
Avg Revenue beat(4)0.32%
Min Revenue beat(4)-6.21%
Max Revenue beat(4)12.18%
Revenue beat(8)2
Avg Revenue beat(8)-1.93%
Revenue beat(12)4
Avg Revenue beat(12)-1.36%
Revenue beat(16)8
Avg Revenue beat(16)0.79%
PT rev (1m)0.75%
PT rev (3m)0.82%
EPS NQ rev (1m)1.14%
EPS NQ rev (3m)-2.34%
EPS NY rev (1m)7.23%
EPS NY rev (3m)7.05%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)2.89%
Revenue NY rev (3m)3.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.4 | ||
| Fwd PE | 11.57 | ||
| P/S | 4.27 | ||
| P/FCF | 11.68 | ||
| P/OCF | 8.99 | ||
| P/B | 3.83 | ||
| P/tB | 13.29 | ||
| EV/EBITDA | 10.97 |
EPS(TTM)4.72
EY8.77%
EPS(NY)4.65
Fwd EY8.65%
FCF(TTM)4.61
FCFY8.56%
OCF(TTM)5.99
OCFY11.12%
SpS12.59
BVpS14.06
TBVpS4.05
PEG (NY)0.86
PEG (5Y)0.9
Graham Number38.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.12% | ||
| ROE | 33.64% | ||
| ROCE | 14.61% | ||
| ROIC | 11.54% | ||
| ROICexc | 12.08% | ||
| ROICexgc | 16.5% | ||
| OM | 45.3% | ||
| PM (TTM) | 37.54% | ||
| GM | 60.15% | ||
| FCFM | 36.58% |
ROA(3y)10.86%
ROA(5y)7.71%
ROE(3y)31.09%
ROE(5y)22.31%
ROIC(3y)11.77%
ROIC(5y)10.15%
ROICexc(3y)12.11%
ROICexc(5y)10.36%
ROICexgc(3y)16.17%
ROICexgc(5y)13.88%
ROCE(3y)14.9%
ROCE(5y)12.85%
ROICexgc growth 3Y8.04%
ROICexgc growth 5Y10.46%
ROICexc growth 3Y8.76%
ROICexc growth 5Y11.46%
OM growth 3Y3.27%
OM growth 5Y2.2%
PM growth 3Y7%
PM growth 5Y28.24%
GM growth 3Y1.12%
GM growth 5Y0.25%
F-Score6
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 5.47 | ||
| Debt/EBITDA | 3.39 | ||
| Cap/Depr | 106.21% | ||
| Cap/Sales | 10.95% | ||
| Interest Coverage | 6.3 | ||
| Cash Conversion | 85.47% | ||
| Profit Quality | 97.44% | ||
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.26 | ||
| Altman-Z | N/A |
F-Score6
WACC7.95%
ROIC/WACC1.45
Cap/Depr(3y)75.03%
Cap/Depr(5y)70.42%
Cap/Sales(3y)8.03%
Cap/Sales(5y)9%
Profit Quality(3y)113.71%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.32%
EPS 3Y13.76%
EPS 5Y12.66%
EPS Q2Q%50.5%
EPS Next Y13.31%
EPS Next 2Y5.15%
EPS Next 3Y7.04%
EPS Next 5Y5.87%
Revenue 1Y (TTM)8.22%
Revenue growth 3Y5.97%
Revenue growth 5Y5.71%
Sales Q2Q%21.77%
Revenue Next Year8.81%
Revenue Next 2Y6.43%
Revenue Next 3Y6.32%
Revenue Next 5Y4.33%
EBIT growth 1Y10.05%
EBIT growth 3Y9.44%
EBIT growth 5Y8.04%
EBIT Next Year33.12%
EBIT Next 3Y14.93%
EBIT Next 5Y10.1%
FCF growth 1Y7.9%
FCF growth 3Y3.72%
FCF growth 5Y23.91%
OCF growth 1Y15.39%
OCF growth 3Y6.58%
OCF growth 5Y7.81%
MPLX LP / MPLX FAQ
Can you provide the ChartMill fundamental rating for MPLX LP?
ChartMill assigns a fundamental rating of 6 / 10 to MPLX.
Can you provide the valuation status for MPLX LP?
ChartMill assigns a valuation rating of 7 / 10 to MPLX LP (MPLX). This can be considered as Undervalued.
Can you provide the profitability details for MPLX LP?
MPLX LP (MPLX) has a profitability rating of 8 / 10.
What is the valuation of MPLX LP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for MPLX LP (MPLX) is 11.4 and the Price/Book (PB) ratio is 3.83.
Can you provide the dividend sustainability for MPLX stock?
The dividend rating of MPLX LP (MPLX) is 6 / 10 and the dividend payout ratio is 81.29%.