Mplx (MPLX) Free Cash Flow (2011 - 2026)
Mplx (MPLX) posted quarterly Free Cash Flow of $772.0 million for Q1 2026, down 21.14% year-over-year from $979.0 million in Q1 2025, and down 1.28% quarter-over-quarter from $782.0 million in Q4 2025.
Mplx (MPLX) Free Cash Flow (2011 - 2026) Analysis & Trends
Mplx (MPLX) has reported Free Cash Flow for 16 consecutive years, with $772.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Free Cash Flow fell 21.14% year-over-year to $772.0 million; the TTM figure through Mar 2026 stood at $3.9 billion (down 19.43% YoY), while the FY2025 annual figure was $4.1 billion, down 16.13% from the prior year.
- Free Cash Flow retreated to $772.0 million in Q1 2026 per MPLX's latest filing, from $782.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $1.4 billion in Q2 2025 and bottomed at $772.0 million in Q1 2026.
- Historically, Free Cash Flow has averaged $1.1 billion across 5 years, with a median of $1.1 billion in 2023.
- Annual changes were most pronounced in 2023 — Free Cash Flow increased 27.07% — and 2025, when it plunged 42.79%.
- Mplx's Free Cash Flow stood at $1.1 billion in 2022, then grew by 10.67% to $1.2 billion in 2023, then rose by 12.6% to $1.4 billion in 2024, then slumped by 42.79% to $782.0 million in 2025, then slipped by 1.28% to $772.0 million in 2026.
- Business Quant data shows MPLX's Free Cash Flow at $772.0 million in Q1 2026, $782.0 million in Q4 2025, and $905.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 978.00 Mn |
| 2 | Enbridge | 111.15 Bn | 109.66 Bn | 5.23 Bn | 821.24 Mn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 2.02 Bn |
| 4 | Energy Transfer | 72.55 Bn | 71.52 Bn | 7.40 Bn | 2.71 Bn |
| 5 | Tc Energy | 66.17 Bn | 58.62 Bn | 1.24 Bn | 1.89 Bn |
| 6 | Mplx | 60.21 Bn | 59.18 Bn | 2.73 Bn | 877.00 Mn |
| 7 | Oneok | 59.99 Bn | 59.83 Bn | 2.81 Bn | 1.44 Bn |
| 8 | Targa Resources | 59.10 Bn | 58.97 Bn | 2.14 Bn | 431.20 Mn |
| 9 | Cheniere Energy | 56.04 Bn | 54.79 Bn | 5.29 Bn | 398.00 Mn |
| 10 | Venture Global | 34.39 Bn | 31.17 Bn | 2.92 Bn | -1.65 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 877.00 Mn |
| Jun 30, 2026 | 877.00 Mn |
| Mar 31, 2026 | 772.00 Mn |
| Mar 31, 2026 | 772.00 Mn |
| Dec 31, 2025 | 782.00 Mn |
| Dec 31, 2025 | 782.00 Mn |
| Sep 30, 2025 | 905.00 Mn |
| Sep 30, 2025 | 905.00 Mn |
| Jun 30, 2025 | 1.44 Bn |
| Jun 30, 2025 | 1.44 Bn |
| Mar 31, 2025 | 979.00 Mn |
| Mar 31, 2025 | 979.00 Mn |
| Dec 31, 2024 | 1.37 Bn |
| Dec 31, 2024 | 1.37 Bn |
| Sep 30, 2024 | 1.14 Bn |
| Sep 30, 2024 | 1.14 Bn |
| Jun 30, 2024 | 1.35 Bn |
| Jun 30, 2024 | 1.35 Bn |
| Mar 31, 2024 | 1.04 Bn |
| Mar 31, 2024 | 1.04 Bn |