Mplx (MPLX) Change in Inventory (2011 - 2026)
Mplx (MPLX) recorded Change in Inventory of $4 million in Q3 2026, down 42.9% from $7 million a year earlier and down 81.8% from the prior quarter.
Mplx (MPLX) Change in Inventory (2011 - 2026) Analysis & Trends
On a TTM basis, Mplx's Change in Inventory came in at $39 million as of Sep 30, 2026, up 39.3% year-over-year; for FY2025, it came in at $26 million, up 30.0% from FY2024.
- Annual Change in Inventory has increased for three straight years, with a five-year compound annual growth rate of 16.7% (FY2020 to FY2025).
- Across earlier years, Change in Inventory came in at $20 million in FY2024 (+5.3%), $19 million in FY2023 (+280.0%), $5 million in FY2022 (-79.2%) and $24 million in FY2021 (+100.0%).
- The Q3 2026 figure is the lowest quarterly Change in Inventory since Q3 2024.
- On a year-over-year basis, Change in Inventory rose in five of the last eight quarters, with growth averaging 80.8%.
- Peak year-over-year performance for Change in Inventory in the last five years was growth of 266.7% in Q2 2026, against a decline of 75.0% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $22 million (Q2 2026), $6 million (Q1 2026) and $7 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.21 Bn | 99.81 Bn | 4.84 Bn | - |
| 2 | Williams Companies | 83.97 Bn | 81.00 Bn | 2.59 Bn | -14.00 Mn |
| 3 | Enterprise Products Partners | 79.65 Bn | 78.01 Bn | - | - |
| 4 | Kinder Morgan | 69.38 Bn | 68.24 Bn | 2.97 Bn | 58.00 Mn |
| 5 | Energy Transfer | 66.22 Bn | 62.05 Bn | 6.57 Bn | - |
| 6 | Tc Energy | 66.00 Bn | 62.09 Bn | - | - |
| 7 | Targa Resources | 60.20 Bn | 59.65 Bn | 2.02 Bn | 30.30 Mn |
| 8 | Cheniere Energy | 59.73 Bn | 53.88 Bn | 2.97 Bn | 9.00 Mn |
| 9 | Mplx | 57.64 Bn | 51.66 Bn | 3.19 Bn | 4.00 Mn |
| 10 | Oneok | 54.55 Bn | 53.95 Bn | 2.84 Bn | 127.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.00 Mn |
| Jun 30, 2026 | 22.00 Mn |
| Mar 31, 2026 | 6.00 Mn |
| Dec 31, 2025 | 7.00 Mn |
| Sep 30, 2025 | 7.00 Mn |
| Jun 30, 2025 | 6.00 Mn |
| Mar 31, 2025 | 6.00 Mn |
| Dec 31, 2024 | 9.00 Mn |
| Sep 30, 2024 | 2.00 Mn |
| Jun 30, 2024 | 5.00 Mn |
| Mar 31, 2024 | 4.00 Mn |
| Dec 31, 2023 | 4.00 Mn |
| Sep 30, 2023 | 8.00 Mn |
| Jun 30, 2023 | 5.00 Mn |
| Mar 31, 2023 | 2.00 Mn |
| Dec 31, 2022 | -2.00 Mn |
| Sep 30, 2022 | -8.00 Mn |
| Jun 30, 2022 | 8.00 Mn |
| Mar 31, 2022 | 7.00 Mn |
| Dec 31, 2021 | 2.00 Mn |
Mplx Change in Inventory 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=change-in-inventory&ticker=MPLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=MPLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();