Mplx (MPLX) Asset Utilization Ratio (2012 - 2026)
Mplx's (MPLX) quarterly Asset Utilization Ratio came in at 0.31 in Q2 2026, down 2.79% year-over-year from 0.32 in Q2 2025, and up 2.44% quarter-over-quarter from 0.3 in Q1 2026.
Analysis
Mplx (MPLX) Asset Utilization Ratio (2012 - 2026) Analysis & Trends
Mplx (MPLX) has reported Asset Utilization Ratio for 15 consecutive years, with 0.31 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio fell 2.79% year-over-year to 0.31 in Q2 2026; TTM through Jun 2026 was 0.31, a 2.79% decrease from a year earlier, with the FY2025 full-year figure at 0.32, changed 0.16% from the prior year.
- Asset Utilization Ratio was 0.31 for Q2 2026 at Mplx, up from 0.3 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.33 in Q1 2023 and troughed at 0.29 in Q1 2022.
- A 5-year average of 0.31 and a median of 0.31 in 2024 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio gained 22.24% in 2022 and fell 6.57% in 2023, its largest moves.
- Over 5 years, Asset Utilization Ratio stood at 0.32 in 2022, then declined by 4.43% to 0.31 in 2023, then grew by 1.08% to 0.31 in 2024, then dropped by 3.97% to 0.3 in 2025, then grew by 2.11% to 0.31 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.31 (Q2 2026), 0.3 (Q1 2026), and 0.3 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 0.24 |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 0.72 |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 0.58 |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | - |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 0.60 |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 0.31 |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 0.58 |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 0.36 |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 0.22 |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.31 |
| Mar 31, 2026 | 0.30 |
| Dec 31, 2025 | 0.30 |
| Sep 30, 2025 | 0.32 |
| Jun 30, 2025 | 0.32 |
| Mar 31, 2025 | 0.32 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 0.31 |
| Jun 30, 2024 | 0.31 |
| Mar 31, 2024 | 0.31 |
| Dec 31, 2023 | 0.31 |
| Sep 30, 2023 | 0.30 |
| Jun 30, 2023 | 0.32 |
| Mar 31, 2023 | 0.33 |
| Dec 31, 2022 | 0.32 |
| Sep 30, 2022 | 0.33 |
| Jun 30, 2022 | 0.30 |
| Mar 31, 2022 | 0.29 |
| Dec 31, 2021 | 0.28 |
| Sep 30, 2021 | 0.27 |