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.

8

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.
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

  • 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 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'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 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

  • 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.
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 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 RankSector Rank
Debt/Equity 1.69
Debt/FCF 6.26
Altman-Z N/A
ROIC/WACC1.63
WACC7.23%
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.
  • 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 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.
  • 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.
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

  • 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 RankSector Rank
PE 11.69
Fwd PE 12.13
MPLX Price Earnings VS Forward Price EarningsMPLX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

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 RankSector Rank
P/FCF 13.95
EV/EBITDA 11
MPLX Per share dataMPLX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10

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%

7

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 RankSector 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
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 2Y2.68%
EPS Next 3Y4.38%
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 (4/9/2026, 8:04:00 PM)

After market: 55.75 -0.61 (-1.08%)

56.36

+0.47 (+0.84%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-03
Earnings (Next)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 RankSector 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
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 RankSector 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 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
WACC7.23%
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%.