Mplx (MPLX) FCF Payout Ratio (2013 - 2026)
Mplx's (MPLX) FCF Payout Ratio came in at 1.25 for Q2 2026, up 83.1% from 0.68 a year earlier but down 12.1% from the prior quarter.
Mplx (MPLX) FCF Payout Ratio (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Payout Ratio at Mplx was 1.28, up 65.4% year-over-year; for FY2025, it was 0.98, up 34.6% from FY2024.
- Annual FCF Payout Ratio has increased for three consecutive years.
- In prior years, Mplx's FCF Payout Ratio was 0.73 in FY2024 (+2.0%), 0.71 in FY2023 (+2.9%), 0.69 in FY2022 (-11.5%) and 0.78 in FY2021 (-9.4%).
- Quarterly FCF Payout Ratio has run from a low of 0.52 in Q2 2022 to a high of 1.42 in Q1 2026 over five years.
- On a year-over-year basis, FCF Payout Ratio has increased in each of the last seven quarters, with growth averaging 36.4% over the last eight quarters.
- The strongest year-over-year quarter for FCF Payout Ratio in the past five years was Q4 2025, with growth of 96.5%; the weakest was Q4 2022, with a decline of 41.2%.
- According to Business Quant data, FCF Payout Ratio for the three prior quarters was 1.42 (Q1 2026), 1.40 (Q4 2025) and 1.08 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 1.87 |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 0.59 |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 0.46 |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 0.68 |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | - |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 1.25 |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | - |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | - |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.25 |
| Mar 31, 2026 | 1.42 |
| Dec 31, 2025 | 1.40 |
| Sep 30, 2025 | 1.08 |
| Jun 30, 2025 | 0.68 |
| Mar 31, 2025 | 0.99 |
| Dec 31, 2024 | 0.71 |
| Sep 30, 2024 | 0.76 |
| Jun 30, 2024 | 0.64 |
| Mar 31, 2024 | 0.82 |
| Dec 31, 2023 | 0.70 |
| Sep 30, 2023 | 0.77 |
| Jun 30, 2023 | 0.66 |
| Mar 31, 2023 | 0.73 |
| Dec 31, 2022 | 0.71 |
| Sep 30, 2022 | 0.89 |
| Jun 30, 2022 | 0.52 |
| Mar 31, 2022 | 0.75 |
| Dec 31, 2021 | 1.20 |
| Sep 30, 2021 | 0.68 |
Mplx FCF Payout 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=fcf-payout-ratio&ticker=MPLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-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=fcf-payout-ratio&ticker=MPLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();