Mplx (MPLX) Dividend Coverage Ratio (2013 - 2026)
Mplx's (MPLX) Dividend Coverage Ratio stood at 1.07 in Q3 2026, down 32.7% from 1.58 a year earlier but up 8.1% from the prior quarter.
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Analysis
Mplx (MPLX) Dividend Coverage Ratio (2013 - 2026) Analysis & Trends
On a TTM basis, Mplx's Dividend Coverage Ratio came in at 0.99 as of Sep 30, 2026, down 19.5% year-over-year; for FY2025, it came in at 1.22, up 1.4% from FY2024.
- Across earlier years, Dividend Coverage Ratio came in at 1.21 in FY2024 (+0.1%), 1.20 in FY2023 (-7.8%), 1.31 in FY2022 (+52.7%) and 0.86 in FY2021.
- Quarterly Dividend Coverage Ratio has ranged from 0.61 in Q4 2021 to 1.95 in Q3 2022 over the past five years.
- On a year-over-year basis, Dividend Coverage Ratio has declined for four consecutive quarters, with an average decline of 9.2% over the last eight quarters.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 82.7% in Q3 2022, against a decline of 41.1% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.99 (Q2 2026), 0.83 (Q1 2026) and 1.09 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn | 0.61 |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn | 1.07 |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn | 1.34 |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn | 1.15 |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn | 0.95 |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - | 1.12 |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn | 2.44 |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn | - |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn | 1.07 |
| 10 | Oneok | 55.08 Bn | 63.62 Bn | 2.84 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.07 |
| Jun 30, 2026 | 0.99 |
| Mar 31, 2026 | 0.83 |
| 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 |
API Access
Mplx Dividend Coverage Ratio 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=dividend-coverage-ratio&ticker=MPLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "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=dividend-coverage-ratio&ticker=MPLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();