Mplx (MPLX) FCF Margin (2011 - 2026)
Mplx's (MPLX) quarterly FCF Margin came in at 25.41% in Q1 2026, down 1439.0% year-on-year from 1.9% in Q1 2025, and up 100.65% sequentially from 3910.0% in Q4 2025.
Mplx (MPLX) FCF Margin (2011 - 2026) Analysis & Trends
Mplx's FCF Margin history runs 16 years deep, the most recent figure standing at 25.41% for Q1 2026.
- In Q1 2026, FCF Margin fell 1439.0% year-over-year to 25.41%; the TTM figure through Mar 2026 stood at 43.3% (down 453.0% YoY), while the FY2025 annual figure was 42.17%, down 1105.0% from the prior year.
- FCF Margin came in at 25.41% for Q1 2026 at Mplx, up from 3910.0% in the prior quarter.
- Over five years, FCF Margin peaked at 60.91% in Q2 2025 and troughed at 4062.96% in Q4 2022.
- The 5-year median for FCF Margin is 43.64% (2023), against an average of 429.38%.
- The widest annual swing landed in 2022, when FCF Margin plunged 421200 bps; it then jumped 411699 bps in 2023.
- A 5-year view of FCF Margin shows it stood at 4062.96% in 2022, then surged by 101 bps to 54.03% in 2023, then rose by 5 bps to 56.56% in 2024, then plunged by 7013 bps to 3910.0% in 2025, then jumped by 101 bps to 25.41% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 25.41% in Q1 2026, 3910.0% in Q4 2025, and 25.01% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | -0.43% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 28.13% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 3.38% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 5.26% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | -3.91% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 25.41% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 0.73% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 24.42% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | -52.58% |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 2.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.41% |
| Dec 31, 2025 | -3,910.00% |
| Sep 30, 2025 | 25.01% |
| Jun 30, 2025 | 60.91% |
| Mar 31, 2025 | 39.80% |
| Dec 31, 2024 | 56.56% |
| Sep 30, 2024 | 38.19% |
| Jun 30, 2024 | 59.96% |
| Mar 31, 2024 | 47.70% |
| Dec 31, 2023 | 54.03% |
| Sep 30, 2023 | 44.42% |
| Jun 30, 2023 | 43.64% |
| Mar 31, 2023 | 49.74% |
| Dec 31, 2022 | -4,062.96% |
| Sep 30, 2022 | 34.38% |
| Jun 30, 2022 | 57.18% |
| Mar 31, 2022 | 36.63% |
| Dec 31, 2021 | 149.04% |
| Sep 30, 2021 | 40.76% |
| Jun 30, 2021 | 52.44% |