Mplx (MPLX) Free Cash Flow (2011 - 2026)
Mplx's Free Cash Flow was $682 million in Q3 2026, down 24.6% from $905 million a year earlier and down 22.2% from the prior quarter.
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Analysis
Mplx (MPLX) Free Cash Flow (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mplx's Free Cash Flow was $3.11 billion through Sep 30, 2026, down 33.6% year-over-year; for FY2025, it was $4.1 billion, down 16.1% from FY2024.
- Free Cash Flow shows a five-year compound annual growth rate of 4.2% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $4.89 billion in FY2024 (+9.6%), $4.46 billion in FY2023 (+5.9%), $4.21 billion in FY2022 (-3.9%) and $4.38 billion in FY2021 (+31.3%).
- The Q3 2026 figure marks the lowest quarterly Free Cash Flow since Q1 2020.
- Compared with a year earlier, Free Cash Flow has declined for five straight quarters, with an average decline of 16.8% over the last eight quarters.
- The best year-over-year quarter for Free Cash Flow over five years was Q3 2023 (growth of 27.1%); the worst was Q4 2025 (a decline of 42.8%).
- Per Business Quant data, MPLX's Free Cash Flow in the three quarters before Q3 2026 was $877 million (Q2 2026), $772 million (Q1 2026) and $782 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn | -527.90 Mn |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn | -984.00 Mn |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn | 1.13 Bn |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn | 545.00 Mn |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn | 2.14 Bn |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - | 2.13 Bn |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn | 120.30 Mn |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn | 1.73 Bn |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn | 682.00 Mn |
| 10 | Oneok | 55.08 Bn | 63.62 Bn | 2.84 Bn | 442.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 682.00 Mn |
| Jun 30, 2026 | 877.00 Mn |
| Mar 31, 2026 | 772.00 Mn |
| Dec 31, 2025 | 782.00 Mn |
| Sep 30, 2025 | 905.00 Mn |
| Jun 30, 2025 | 1.44 Bn |
| Mar 31, 2025 | 979.00 Mn |
| Dec 31, 2024 | 1.37 Bn |
| Sep 30, 2024 | 1.14 Bn |
| Jun 30, 2024 | 1.35 Bn |
| Mar 31, 2024 | 1.04 Bn |
| Dec 31, 2023 | 1.21 Bn |
| Sep 30, 2023 | 1.01 Bn |
| Jun 30, 2023 | 1.17 Bn |
| Mar 31, 2023 | 1.06 Bn |
| Dec 31, 2022 | 1.10 Bn |
| Sep 30, 2022 | 798.00 Mn |
| Jun 30, 2022 | 1.36 Bn |
| Mar 31, 2022 | 956.00 Mn |
| Dec 31, 2021 | 1.09 Bn |
API Access
Mplx Free Cash Flow 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=free-cash-flow&ticker=MPLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=MPLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();