Mplx (MPLX) Accumulated Expenses (2014 - 2026)
Mplx (MPLX) posted Accumulated Expenses of $301 million for Q2 2026, up 14.9% from $262 million a year earlier but down 9.6% from the prior quarter.
Mplx (MPLX) Accumulated Expenses (2014 - 2026) Analysis & Trends
At the end of FY2025, Mplx's Accumulated Expenses came in at $254 million, down 13.9% from FY2024.
- Annual Accumulated Expenses shows a five-year compound annual growth rate of 5.5% (FY2020 to FY2025).
- In prior years, Mplx's Accumulated Expenses was $295 million in FY2024 (-1.7%), $300 million in FY2023 (+11.5%), $269 million in FY2022 (-25.9%) and $363 million in FY2021 (+87.1%).
- Quarterly Accumulated Expenses has run from a low of $241 million in Q2 2023 to a high of $415 million in Q2 2022 over five years.
- On a year-over-year basis, Accumulated Expenses increased in four of the last eight quarters, with growth averaging 2.0%.
- The strongest year-over-year quarter for Accumulated Expenses in the past five years was Q3 2021, with growth of 96.4%; the weakest was Q2 2023, with a decline of 41.9%.
- According to Business Quant data, Accumulated Expenses for the three prior quarters was $333 million (Q1 2026), $254 million (Q4 2025) and $261 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 301.00 Mn |
| Mar 31, 2026 | 333.00 Mn |
| Dec 31, 2025 | 254.00 Mn |
| Sep 30, 2025 | 261.00 Mn |
| Jun 30, 2025 | 262.00 Mn |
| Mar 31, 2025 | 269.00 Mn |
| Dec 31, 2024 | 295.00 Mn |
| Sep 30, 2024 | 271.00 Mn |
| Jun 30, 2024 | 246.00 Mn |
| Mar 31, 2024 | 248.00 Mn |
| Dec 31, 2023 | 300.00 Mn |
| Sep 30, 2023 | 332.00 Mn |
| Jun 30, 2023 | 241.00 Mn |
| Mar 31, 2023 | 266.00 Mn |
| Dec 31, 2022 | 269.00 Mn |
| Sep 30, 2022 | 300.00 Mn |
| Jun 30, 2022 | 415.00 Mn |
| Mar 31, 2022 | 396.00 Mn |
| Dec 31, 2021 | 363.00 Mn |
| Sep 30, 2021 | 332.00 Mn |
Mplx Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MPLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "MPLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MPLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();