Mplx (MPLX) Free Cash Flow (2011 - 2026)

Mplx's (MPLX) quarterly Free Cash Flow came in at $772.0 million in Q1 2026, down 21.14% year-on-year from $979.0 million in Q1 2025, and down 1.28% sequentially from $782.0 million in Q4 2025.

Mplx (MPLX) Free Cash Flow (2011 - 2026) Analysis & Trends

Mplx's Free Cash Flow history runs 16 years deep, the most recent figure standing at $772.0 million for 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 came in at $772.0 million for Q1 2026 at Mplx, down from $782.0 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $1.4 billion in Q2 2025 and troughed at $772.0 million in Q1 2026.
  • The 5-year median for Free Cash Flow is $1.1 billion (2023), against an average of $1.1 billion.
  • The widest annual swing landed in 2023, when Free Cash Flow rose 27.07%; it then sank 42.79% in 2025.
  • A 5-year view of Free Cash Flow shows it 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.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $772.0 million in Q1 2026, $782.0 million in Q4 2025, and $905.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn -70.73 Mn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.36 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 486.00 Mn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 1.46 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn -160.00 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 772.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 70.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 879.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn -2.42 Bn
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn 288.00 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 1.21 Bn
Dec 31, 2023 1.21 Bn