Mplx (MPLX) Interest Coverage Ratio (2011 - 2026)
Mplx's Interest Coverage Ratio came in at 4.77 for Q2 2026, down 13.7% from 5.53 a year earlier but up 14.3% from the prior quarter.
Mplx (MPLX) Interest Coverage Ratio (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Mplx reported Interest Coverage Ratio of 5.34, down 7.1% year-over-year; for FY2025, it was 6.05, up 5.3% from FY2024.
- Going back by year, Interest Coverage Ratio was 5.74 in FY2024 (+8.2%), 5.31 in FY2023 (unchanged), 5.31 in FY2022 (-98.9%) and 499.00 in FY2021.
- The five-year range for quarterly Interest Coverage Ratio is 1.15 (Q4 2022) to 1117.00 (Q2 2022).
- Year-over-year, Interest Coverage Ratio has declined for three consecutive quarters, with an average decline of 1.8% over the last eight quarters.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q4 2023 (growth of 437.6%), and the weakest in Q2 2023 (a decline of 99.5%).
- Business Quant data shows MPLX's Interest Coverage Ratio at 4.17 (Q1 2026), 5.35 (Q4 2025) and 7.41 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 2.09 |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 5.86 |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 3.83 |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 6.23 |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | - |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 4.77 |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 3.67 |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 14.95 |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 4.47 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.77 |
| Mar 31, 2026 | 4.17 |
| Dec 31, 2025 | 5.35 |
| Sep 30, 2025 | 7.41 |
| Jun 30, 2025 | 5.53 |
| Mar 31, 2025 | 5.97 |
| Dec 31, 2024 | 5.86 |
| Sep 30, 2024 | 5.64 |
| Jun 30, 2024 | 6.14 |
| Mar 31, 2024 | 5.32 |
| Dec 31, 2023 | 6.19 |
| Sep 30, 2023 | 5.13 |
| Jun 30, 2023 | 5.04 |
| Mar 31, 2023 | 4.92 |
| Dec 31, 2022 | 1.15 |
| Jun 30, 2022 | 1,117.00 |
| Mar 31, 2022 | 265.00 |
| Sep 30, 2015 | 1.73 |
| Jun 30, 2015 | 5.81 |
| Mar 31, 2015 | 6.04 |
Mplx Interest Coverage 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=interest-coverage-ratio&ticker=MPLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=MPLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();