Mplx (MPLX) Free Cash Flow (2011 - 2026)
Mplx (MPLX) reported 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 16 years of Free Cash Flow data on file, last reported at $772.0 million in Q1 2026.
- Free Cash Flow for Q1 2026 came in at $772.0 million, down 21.14% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.9 billion (down 19.43% YoY), and the FY2025 annual result was $4.1 billion, down 16.13% from the prior year.
- Free Cash Flow eased to $772.0 million in Q1 2026 per MPLX's latest filing, 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.
- A 5-year average of $1.1 billion and a median of $1.1 billion in 2023 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2023 and 2025: Free Cash Flow increased 27.07% in 2023, then plunged 42.79% in 2025.
- A 5-year view of Free Cash Flow shows it stood at $1.1 billion in 2022, then climbed by 10.67% to $1.2 billion in 2023, then increased by 12.6% to $1.4 billion in 2024, then sank by 42.79% to $782.0 million in 2025, then decreased 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | -70.73 Mn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 486.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.36 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 1.46 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 772.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | -160.00 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 70.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 392.96 Mn |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn | 344.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |