Mplx (MPLX) Debt to Equity (2012 - 2026)
Mplx (MPLX) reported Debt to Equity of $1.79 for Q1 2026, up 12.51% year-over-year from $1.59 in Q1 2025, and little changed quarter-over-quarter from $1.79 in Q4 2025.
Mplx (MPLX) Debt to Equity (2012 - 2026) Analysis & Trends
Mplx (MPLX) has 15 years of Debt to Equity data on file, last reported at $1.79 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $1.79, up 12.51% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.79 (up 12.51% YoY), and the FY2025 annual result was $1.79, up 18.23% from the prior year.
- Debt to Equity was little changed at $1.79 in Q1 2026 per MPLX's latest filing, from $1.79 in the prior quarter.
- Over five years, Debt to Equity peaked at $1.79 in Q3 2025 and troughed at $1.51 in Q2 2025.
- A 5-year average of $1.64 and a median of $1.61 in 2024 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2022 and 2024: Debt to Equity soared 1087.81% in 2022, then fell 7.46% in 2024.
- A 5-year view of Debt to Equity shows it stood at $1.58 in 2022, then rose by 2.04% to $1.61 in 2023, then dropped by 5.77% to $1.52 in 2024, then grew by 18.23% to $1.79 in 2025, then slipped by 0.05% to $1.79 in 2026.
- Business Quant data shows MPLX's Debt to Equity at $1.79 in Q1 2026, $1.79 in Q4 2025, and $1.79 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.66 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.12 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.02 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 2.01 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.79 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 5.85 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 1.43 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 1.71 |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn | 6.32 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.79 |
| Dec 31, 2025 | 1.79 |
| Sep 30, 2025 | 1.79 |
| Jun 30, 2025 | 1.51 |
| Mar 31, 2025 | 1.59 |
| Dec 31, 2024 | 1.52 |
| Sep 30, 2024 | 1.60 |
| Jun 30, 2024 | 1.61 |
| Mar 31, 2024 | 1.56 |
| Dec 31, 2023 | 1.61 |
| Sep 30, 2023 | 1.65 |
| Jun 30, 2023 | 1.67 |
| Mar 31, 2023 | 1.69 |
| Dec 31, 2022 | 1.58 |
| Sep 30, 2022 | 1.56 |
| Jun 30, 2022 | 1.63 |
| Mar 31, 2022 | 1.64 |
| Dec 31, 2021 | 1.54 |
| Sep 30, 2021 | 0.13 |
| Jun 30, 2021 | 1.54 |