Mplx (MPLX) FCF Margin (2011 - 2026)
Mplx's (MPLX) quarterly FCF Margin came in at 32.87% in Q1 2026, down 693.0% year-on-year from 5.54% in Q1 2025, and up 36.67% on a QoQ basis from 24.05% in Q4 2025.
Mplx (MPLX) FCF Margin (2011 - 2026) Analysis & Trends
Mplx (MPLX) has 16 years of FCF Margin data on file, last reported at 32.87% in Q1 2026.
- On a quarterly basis, FCF Margin fell 693.0% year-over-year to 32.87% in Q1 2026; TTM through Mar 2026 was 31.86%, a 1914.0% decrease from a year earlier, with the FY2025 full-year figure at 31.55%, down 2166.0% from the prior year.
- FCF Margin for Q1 2026 stood at 32.87%, up from 24.05% in the prior quarter.
- Over the last five years, FCF Margin for MPLX reached as high as 59.96% in Q2 2024 and fell as low as 4062.96% in Q4 2022.
- Historically, FCF Margin has averaged 198.24% across 5 years, with a median of 44.42% in 2023.
- Across the five-year window, FCF Margin slumped 410265 bps in 2022 and jumped 411699 bps in 2023, its largest moves.
- Year by year, FCF Margin stood at 4062.96% in 2022, then jumped by 101 bps to 54.03% in 2023, then advanced by 5 bps to 56.56% in 2024, then plunged by 57 bps to 24.05% in 2025, then soared by 37 bps to 32.87% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 32.87% in Q1 2026, 24.05% in Q4 2025, and 25.01% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 53.09% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 15.79% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 21.84% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | -0.43% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 3.38% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 97.53% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 5.26% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | -3.91% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 0.73% |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 32.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.87% |
| Dec 31, 2025 | 24.05% |
| Sep 30, 2025 | 25.01% |
| Jun 30, 2025 | 47.79% |
| Mar 31, 2025 | 39.80% |
| Dec 31, 2024 | 56.56% |
| Sep 30, 2024 | 48.40% |
| Jun 30, 2024 | 59.96% |
| Mar 31, 2024 | 36.40% |
| Dec 31, 2023 | 54.03% |
| Sep 30, 2023 | 44.42% |
| Jun 30, 2023 | 56.55% |
| Mar 31, 2023 | 49.74% |
| Dec 31, 2022 | -4,062.96% |
| Sep 30, 2022 | 34.38% |
| Jun 30, 2022 | 46.33% |
| Mar 31, 2022 | 36.63% |
| Dec 31, 2021 | 39.69% |
| Sep 30, 2021 | 40.76% |
| Jun 30, 2021 | 52.44% |