Mplx (MPLX) Debt Ratio (2011 - 2026)

Mplx's (MPLX) quarterly Debt Ratio came in at 0.6 in Q1 2026, up 3.8% year-on-year from 0.58 in Q1 2025, and little changed on a QoQ basis from 0.6 in Q4 2025.

Mplx (MPLX) Debt Ratio (2011 - 2026) Analysis & Trends

Mplx (MPLX) has 16 years of Debt Ratio data on file, last reported at 0.6 in Q1 2026.

  • On a quarterly basis, Debt Ratio rose 3.8% year-over-year to 0.6 in Q1 2026; TTM through Mar 2026 was 0.6, a 3.8% increase from a year earlier, with the FY2025 full-year figure at 0.6, up 6.82% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.6, roughly flat from 0.6 in the prior quarter.
  • Over the last five years, Debt Ratio for MPLX reached as high as 0.6 in Q1 2026 and fell as low as 0.55 in Q3 2022.
  • Historically, Debt Ratio has averaged 0.57 across 5 years, with a median of 0.57 in 2023.
  • On a YoY basis, Debt Ratio climbed as much as 6.82% in 2025 and fell as far as 2.41% in 2025.
  • Year by year, Debt Ratio stood at 0.56 in 2022, then gained by 0.77% to 0.56 in 2023, then retreated by 0.15% to 0.56 in 2024, then climbed by 6.82% to 0.6 in 2025, then climbed by 0.09% to 0.6 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.6 in Q1 2026, 0.6 in Q4 2025, and 0.59 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 0.06
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 0.70
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 0.44
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 0.47
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 0.42
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 0.39
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 0.47
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 0.70
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 0.49
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 0.60

Historic Data

Download Data
DateValue
Mar 31, 2026 0.60
Dec 31, 2025 0.60
Sep 30, 2025 0.59
Jun 30, 2025 0.56
Mar 31, 2025 0.58
Dec 31, 2024 0.56
Sep 30, 2024 0.57
Jun 30, 2024 0.57
Mar 31, 2024 0.56
Dec 31, 2023 0.56
Sep 30, 2023 0.57
Jun 30, 2023 0.57
Mar 31, 2023 0.57
Dec 31, 2022 0.56
Sep 30, 2022 0.55
Jun 30, 2022 0.55
Mar 31, 2022 0.55
Dec 31, 2021 0.56
Sep 30, 2021 0.55
Jun 30, 2021 0.55