MPLX LP (MPLX) Fundamental Analysis & Valuation

NYSE:MPLX • US55336V1008

Current stock price

55.15 USD
-0.09 (-0.16%)
Last:

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.
  • MPLX had positive earnings in each of the past 5 years.
  • In the past 5 years MPLX always reported a positive cash flow from operatings.
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

  • MPLX has a better Return On Assets (11.42%) than 90.43% of its industry peers.
  • 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.
  • With an excellent Return On Invested Capital value of 11.81%, MPLX belongs to the best of the industry, outperforming 89.00% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for MPLX is significantly below the industry average of 22.60%.
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

  • MPLX has a Profit Margin of 37.80%. This is amongst the best in the industry. MPLX outperforms 92.34% of its industry peers.
  • In the last couple of years the Profit Margin of MPLX has grown nicely.
  • With an excellent Operating Margin value of 45.72%, MPLX belongs to the best of the industry, outperforming 91.87% of the companies in the same industry.
  • In the last couple of years the Operating Margin of MPLX has grown nicely.
  • MPLX has a Gross Margin of 60.60%. This is in the better half of the industry: MPLX outperforms 69.86% of its industry peers.
  • 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

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.
  • The number of shares outstanding for MPLX has been reduced compared to 5 years ago.
  • Compared to 1 year ago, MPLX has a worse debt to assets ratio.
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

  • 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's Debt to FCF ratio of 6.26 is fine compared to the rest of the industry. MPLX outperforms 62.68% 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.
  • 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 RankSector Rank
Debt/Equity 1.69
Debt/FCF 6.26
Altman-Z N/A
ROIC/WACC1.64
WACC7.21%
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

  • A Current Ratio of 1.23 indicates that MPLX should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.23, MPLX is in line with its industry, outperforming 53.59% of the companies in the same industry.
  • A Quick Ratio of 1.18 indicates that MPLX should not have too much problems paying its short term obligations.
  • With a decent Quick ratio value of 1.18, MPLX is doing good in the industry, outperforming 61.24% of the companies in the same industry.
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

5

3. MPLX Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 14.49% over the past year.
  • The Earnings Per Share has been growing by 14.97% on average over the past years. This is quite good.
  • Looking at the last year, MPLX shows a quite strong growth in Revenue. The Revenue has grown by 8.92% in the last year.
  • 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.
  • The Revenue is expected to grow by 3.73% on average over the next years.
EPS Next Y-3.82%
EPS Next 2Y1.67%
EPS Next 3Y3.68%
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.
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

6

4. MPLX Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 11.44, 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.
  • MPLX is valuated cheaply when we compare the Price/Earnings ratio to 27.53, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 11.90, which indicates a very decent valuation of MPLX.
  • Based on the Price/Forward Earnings ratio, MPLX is valued a bit cheaper than the industry average as 73.68% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 37.95, MPLX is valued rather cheaply.
Industry RankSector Rank
PE 11.44
Fwd PE 11.9
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

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as MPLX.
  • MPLX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. MPLX is cheaper than 73.21% of the companies in the same industry.
Industry RankSector Rank
P/FCF 13.65
EV/EBITDA 10.91
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)0.76
EPS Next 2Y1.67%
EPS Next 3Y3.68%

7

5. MPLX Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 7.64%, MPLX is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 3.23, MPLX pays a better dividend. On top of this MPLX pays more dividend than 87.08% 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 1.82.
Industry RankSector Rank
Dividend Yield 7.64%

5.2 History

  • On average, the dividend of MPLX grows each year by 6.62%, which is quite nice.
  • 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
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

MPLX Fundamentals: All Metrics, Ratios and Statistics

MPLX LP

NYSE:MPLX (4/17/2026, 12:05:52 PM)

55.15

-0.09 (-0.16%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-03
Earnings (Next)05-05
Inst Owners17.83%
Inst Owner Change-0.14%
Ins Owners0.13%
Ins Owner Change2.36%
Market Cap55.99B
Revenue(TTM)13.00B
Net Income(TTM)4.91B
Analysts75.24
Price Target60 (8.79%)
Short Float %2.13%
Short Ratio4.25
Dividend
Industry RankSector Rank
Dividend Yield 7.64%
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)2.5%
PT rev (3m)2.69%
EPS NQ rev (1m)-0.22%
EPS NQ rev (3m)-2.05%
EPS NY rev (1m)-0.22%
EPS NY rev (3m)-0.4%
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 RankSector Rank
PE 11.44
Fwd PE 11.9
P/S 4.31
P/FCF 13.65
P/OCF 9.48
P/B 3.91
P/tB 13.49
EV/EBITDA 10.91
EPS(TTM)4.82
EY8.74%
EPS(NY)4.64
Fwd EY8.41%
FCF(TTM)4.04
FCFY7.32%
OCF(TTM)5.82
OCFY10.55%
SpS12.8
BVpS14.09
TBVpS4.09
PEG (NY)N/A
PEG (5Y)0.76
Graham Number39.0861 (-29.13%)
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
WACC7.21%
ROIC/WACC1.64
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 Year1.33%
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 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%.