Mplx (MPLX) Accumulated Expenses (2012 - 2026)
Mplx (MPLX) posted Accumulated Expenses of $687 million for Q3 2026, up 28.7% from $534 million a year earlier and up 3.0% from the prior quarter.
Analysis
Mplx (MPLX) Accumulated Expenses (2012 - 2026) Analysis & Trends
At the end of FY2025, Mplx's Accumulated Expenses came in at $608 million, up 12.8% from FY2024.
- Annual Accumulated Expenses shows a five-year compound annual growth rate of 25.7% (FY2020 to FY2025).
- In prior years, Mplx's Accumulated Expenses was $539 million in FY2024 (-0.6%), $542 million in FY2023 (+7.1%), $506 million in FY2022 (+39.4%) and $363 million in FY2021 (+87.1%).
- The Q3 2026 figure stands as the highest quarterly Accumulated Expenses in data going back to Q4 2014.
- On a year-over-year basis, Accumulated Expenses has increased in each of the last seven quarters, with growth averaging 14.6% over the last eight quarters.
- The strongest year-over-year quarter for Accumulated Expenses in the past five years was Q1 2022, with growth of 152.4%; the weakest was Q2 2023, with a decline of 23.6%.
- According to Business Quant data, Accumulated Expenses for the three prior quarters was $667 million (Q2 2026), $597 million (Q1 2026) and $608 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 687.00 Mn |
| Jun 30, 2026 | 667.00 Mn |
| Mar 31, 2026 | 597.00 Mn |
| Dec 31, 2025 | 608.00 Mn |
| Sep 30, 2025 | 534.00 Mn |
| Jun 30, 2025 | 529.00 Mn |
| Mar 31, 2025 | 472.00 Mn |
| Dec 31, 2024 | 539.00 Mn |
| Sep 30, 2024 | 491.00 Mn |
| Jun 30, 2024 | 498.00 Mn |
| Mar 31, 2024 | 435.00 Mn |
| Dec 31, 2023 | 542.00 Mn |
| Sep 30, 2023 | 519.00 Mn |
| Jun 30, 2023 | 488.00 Mn |
| Mar 31, 2023 | 458.00 Mn |
| Dec 31, 2022 | 506.00 Mn |
| Sep 30, 2022 | 492.00 Mn |
| Jun 30, 2022 | 639.00 Mn |
| Mar 31, 2022 | 588.00 Mn |
| Dec 31, 2021 | 363.00 Mn |
API Access
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();