Mplx (MPLX) Invested Capital (2011 - 2026)
Mplx (MPLX) recorded Invested Capital of $39.89 billion in Q2 2026, up 13.1% from $35.27 billion a year earlier but down 0.1% from the prior quarter.
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Analysis
Mplx (MPLX) Invested Capital (2011 - 2026) Analysis & Trends
For FY2025, Mplx reported Invested Capital of $40.18 billion, up 15.6% from FY2024.
- Annual Invested Capital has increased for four straight years, with a five-year compound annual growth rate of 3.9% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $34.76 billion in FY2024 (+4.9%), $33.12 billion in FY2023 (+2.4%), $32.34 billion in FY2022 (+5.6%) and $30.62 billion in FY2021 (-7.6%).
- Quarterly Invested Capital has ranged from $30.62 billion in Q4 2021 to $40.18 billion in Q4 2025 over the past five years.
- On a year-over-year basis, Invested Capital has increased for four consecutive quarters, with growth averaging 9.0% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 15.6% in Q4 2025, against a decline of 7.6% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $39.93 billion (Q1 2026), $40.18 billion (Q4 2025) and $40.17 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.83 Bn | 102.37 Bn | 4.84 Bn | 126.85 Bn |
| 2 | Williams Companies | 86.40 Bn | 85.12 Bn | 2.54 Bn | 19.83 Bn |
| 3 | Enterprise Products Partners | 78.84 Bn | 77.27 Bn | - | 64.29 Bn |
| 4 | Kinder Morgan | 75.00 Bn | 75.95 Bn | 3.07 Bn | 65.13 Bn |
| 5 | Energy Transfer | 69.04 Bn | 62.48 Bn | 7.40 Bn | 118.93 Bn |
| 6 | Tc Energy | 64.50 Bn | 67.42 Bn | 2.81 Bn | 31.45 Bn |
| 7 | Targa Resources | 62.09 Bn | 61.71 Bn | 2.14 Bn | 23.37 Bn |
| 8 | Cheniere Energy | 59.25 Bn | 59.37 Bn | 5.29 Bn | 35.53 Bn |
| 9 | Oneok | 59.22 Bn | 57.71 Bn | 2.81 Bn | 56.06 Bn |
| 10 | Mplx | 58.96 Bn | 52.52 Bn | 2.91 Bn | 40.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.26 Bn |
| Mar 31, 2026 | 40.30 Bn |
| Dec 31, 2025 | 40.53 Bn |
| Sep 30, 2025 | 40.53 Bn |
| Jun 30, 2025 | 35.56 Bn |
| Mar 31, 2025 | 36.78 Bn |
| Dec 31, 2024 | 35.01 Bn |
| Sep 30, 2024 | 36.14 Bn |
| Jun 30, 2024 | 36.04 Bn |
| Mar 31, 2024 | 33.79 Bn |
| Dec 31, 2023 | 33.40 Bn |
| Sep 30, 2023 | 33.05 Bn |
| Jun 30, 2023 | 32.93 Bn |
| Mar 31, 2023 | 32.79 Bn |
| Dec 31, 2022 | 32.65 Bn |
| Sep 30, 2022 | 32.78 Bn |
| Jun 30, 2022 | 32.25 Bn |
| Mar 31, 2022 | 32.14 Bn |
| Dec 31, 2021 | 30.96 Bn |
| Sep 30, 2021 | 31.30 Bn |
API Access
Mplx Invested Capital 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=invested-capital&ticker=MPLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=MPLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();