Mplx (MPLX) Dividend Coverage Ratio (2011 - 2026)
Mplx's (MPLX) quarterly Dividend Coverage Ratio came in at 1.0 in Q2 2026, down 7.3% year-over-year from 1.07 in Q2 2025, and up 18.0% quarter-over-quarter from 0.84 in Q1 2026.
Analysis
Mplx (MPLX) Dividend Coverage Ratio (2011 - 2026) Analysis & Trends
Mplx (MPLX) has reported Dividend Coverage Ratio for 15 consecutive years, with 1.0 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio fell 7.3% year-over-year to 1.0 in Q2 2026; TTM through Jun 2026 was 1.12, a 1.62% decrease from a year earlier, with the FY2025 full-year figure at 1.22, up 1.42% from the prior year.
- Dividend Coverage Ratio was 1.0 for Q2 2026 at Mplx, up from 0.84 in the prior quarter.
- Over five years, Dividend Coverage Ratio peaked at 1.95 in Q3 2022 and troughed at 0.84 in Q1 2026.
- A 5-year average of 1.2 and a median of 1.16 in 2025 frame the typical range for Dividend Coverage Ratio.
- Across the five-year window, Dividend Coverage Ratio soared 82.68% in 2022 and plunged 41.1% in 2023, its largest moves.
- Over 5 years, Dividend Coverage Ratio stood at 1.01 in 2022, then climbed by 29.4% to 1.3 in 2023, then dropped by 13.94% to 1.12 in 2024, then slipped by 2.91% to 1.09 in 2025, then slipped by 8.63% to 1.0 in 2026.
- The last three Dividend Coverage Ratio figures came in at 1.0 (Q2 2026), 0.84 (Q1 2026), and 1.09 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 1.34 |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 1.56 |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 1.63 |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | -2.62 |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 2.84 |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.00 |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 1.43 |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 0.66 |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | -1.19 |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.00 |
| Mar 31, 2026 | 0.84 |
| Dec 31, 2025 | 1.09 |
| Sep 30, 2025 | 1.58 |
| Jun 30, 2025 | 1.07 |
| Mar 31, 2025 | 1.16 |
| Dec 31, 2024 | 1.12 |
| Sep 30, 2024 | 1.19 |
| Jun 30, 2024 | 1.36 |
| Mar 31, 2024 | 1.17 |
| Dec 31, 2023 | 1.30 |
| Sep 30, 2023 | 1.15 |
| Jun 30, 2023 | 1.17 |
| Mar 31, 2023 | 1.18 |
| Dec 31, 2022 | 1.01 |
| Sep 30, 2022 | 1.95 |
| Jun 30, 2022 | 1.18 |
| Mar 31, 2022 | 1.11 |
| Dec 31, 2021 | 0.61 |
| Sep 30, 2021 | 1.07 |