Mplx (MPLX) Interest Coverage Ratio (2011 - 2026)

Mplx (MPLX) posted quarterly Interest Coverage Ratio of 4.17 for Q1 2026, down 15.4% year-over-year from 4.93 in Q1 2025, and down 22.08% quarter-over-quarter from 5.35 in Q4 2025.

Mplx (MPLX) Interest Coverage Ratio (2011 - 2026) Analysis & Trends

Mplx (MPLX) has reported Interest Coverage Ratio for 15 consecutive years, with 4.17 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Interest Coverage Ratio fell 15.4% year-over-year to 4.17; the TTM figure through Mar 2026 stood at 5.54 (down 3.79% YoY), while the FY2025 annual figure was 6.05, up 10.1% from the prior year.
  • Interest Coverage Ratio declined to 4.17 in Q1 2026 per MPLX's latest filing, from 5.35 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 7.71 in Q3 2022 and bottomed at 1.86 in Q4 2022.
  • Historically, Interest Coverage Ratio has averaged 5.15 across 5 years, with a median of 5.27 in 2022.
  • Annual changes were most pronounced in 2022 — Interest Coverage Ratio slumped 101.75% — and 2023, when it jumped 449.81%.
  • Mplx's Interest Coverage Ratio stood at 1.86 in 2022, then surged by 449.81% to 6.52 in 2023, then grew by 1.02% to 6.58 in 2024, then retreated by 18.68% to 5.35 in 2025, then declined by 22.08% to 4.17 in 2026.
  • Business Quant data shows MPLX's Interest Coverage Ratio at 4.17 in Q1 2026, 5.35 in Q4 2025, and 7.41 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 5.26
2 Enbridge 111.13 Bn 109.64 Bn 5.23 Bn 2.09
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - 2.31
4 Energy Transfer 72.53 Bn 71.50 Bn 7.40 Bn 3.83
5 Tc Energy 66.12 Bn 58.56 Bn 1.24 Bn 0.31
6 Mplx 60.19 Bn 59.16 Bn 2.73 Bn 4.28
7 Oneok 60.00 Bn 59.84 Bn 2.81 Bn 3.67
8 Targa Resources 59.13 Bn 59.00 Bn 2.14 Bn 1.29
9 Cheniere Energy 56.04 Bn 54.79 Bn 5.29 Bn 1.41
10 Venture Global 34.44 Bn 31.22 Bn 2.92 Bn 3.17

Historic Data

Download Data
DateValue
Jun 30, 2026 4.28
Mar 31, 2026 4.17
Dec 31, 2025 5.35
Sep 30, 2025 7.41
Jun 30, 2025 5.53
Mar 31, 2025 4.93
Dec 31, 2024 6.58
Sep 30, 2024 5.64
Jun 30, 2024 6.14
Mar 31, 2024 4.50
Dec 31, 2023 6.52
Sep 30, 2023 5.13
Jun 30, 2023 5.04
Mar 31, 2023 4.43
Dec 31, 2022 -1.86
Sep 30, 2022 7.71
Jun 30, 2022 5.27
Mar 31, 2022 4.98
Dec 31, 2021 -0.92
Sep 30, 2021 3.72