Mplx (MPLX) Asset Utilization Ratio (2012 - 2026)
Mplx (MPLX) posted quarterly Asset Utilization Ratio of 0.28 for Q1 2026, up 14.79% year-over-year from 0.25 in Q1 2025, and down 0.56% quarter-over-quarter from 0.29 in Q4 2025.
Mplx (MPLX) Asset Utilization Ratio (2012 - 2026) Analysis & Trends
Mplx (MPLX) has reported Asset Utilization Ratio for 15 consecutive years, with 0.28 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 14.79% year-over-year to 0.28; the TTM figure through Mar 2026 stood at 0.28 (up 14.79% YoY), while the FY2025 annual figure was 0.32, up 30.07% from the prior year.
- Asset Utilization Ratio retreated to 0.28 in Q1 2026 per MPLX's latest filing, from 0.29 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.3 in Q2 2022 and bottomed at 0.18 in Q3 2023.
- Historically, Asset Utilization Ratio has averaged 0.25 across 5 years, with a median of 0.26 in 2024.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio plunged 40.11% — and 2024, when it soared 41.67%.
- Mplx's Asset Utilization Ratio stood at 0.22 in 2022, then increased by 9.54% to 0.24 in 2023, then gained by 7.92% to 0.26 in 2024, then climbed by 10.25% to 0.29 in 2025, then dropped by 0.56% to 0.28 in 2026.
- Business Quant data shows MPLX's Asset Utilization Ratio at 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 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.24 |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn | 0.36 |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - | 0.72 |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn | 0.58 |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn | - |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn | 0.58 |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn | 0.31 |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn | 0.60 |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn | 0.45 |
| 10 | Venture Global | 34.30 Bn | 31.08 Bn | 2.92 Bn | 0.29 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.31 |
| 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 |