Mplx (MPLX) Asset Utilization Ratio (2012 - 2026)
Mplx's (MPLX) quarterly Asset Utilization Ratio came in at 0.28 in Q1 2026, up 14.79% year-on-year from 0.25 in Q1 2025, and down 0.56% on a QoQ basis from 0.29 in Q4 2025.
Mplx (MPLX) Asset Utilization Ratio (2012 - 2026) Analysis & Trends
Mplx (MPLX) has 15 years of Asset Utilization Ratio data on file, last reported at 0.28 in Q1 2026.
- On a quarterly basis, Asset Utilization Ratio rose 14.79% year-over-year to 0.28 in Q1 2026; TTM through Mar 2026 was 0.28, a 14.79% increase from a year earlier, with the FY2025 full-year figure at 0.32, up 30.07% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.28, down from 0.29 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for MPLX reached as high as 0.3 in Q2 2022 and fell as low as 0.18 in Q3 2023.
- Historically, Asset Utilization Ratio has averaged 0.25 across 5 years, with a median of 0.26 in 2024.
- Across the five-year window, Asset Utilization Ratio slumped 40.11% in 2023 and jumped 41.67% in 2024, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.22 in 2022, then gained by 9.54% to 0.24 in 2023, then climbed by 7.92% to 0.26 in 2024, then increased by 10.25% to 0.29 in 2025, then fell by 0.56% to 0.28 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.28 in Q1 2026, 0.29 in Q4 2025, and 0.28 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 0.33 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 0.13 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 0.24 |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 0.31 |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 0.65 |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 0.49 |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 0.63 |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 0.52 |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 0.28 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.28 |
| Dec 31, 2025 | 0.29 |
| Sep 30, 2025 | 0.28 |
| Jun 30, 2025 | 0.27 |
| Mar 31, 2025 | 0.25 |
| Dec 31, 2024 | 0.26 |
| Sep 30, 2024 | 0.25 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.26 |
| Dec 31, 2023 | 0.24 |
| Sep 30, 2023 | 0.18 |
| Jun 30, 2023 | 0.18 |
| Mar 31, 2023 | 0.21 |
| Dec 31, 2022 | 0.22 |
| Sep 30, 2022 | 0.30 |
| Jun 30, 2022 | 0.30 |
| Mar 31, 2022 | 0.29 |
| Dec 31, 2021 | 0.28 |
| Sep 30, 2021 | 0.27 |
| Jun 30, 2021 | 0.26 |