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| Date | Value |
|---|---|
| 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 |