Mplx (MPLX) Invested Capital (2011 - 2026)
Mplx (MPLX) recorded Invested Capital of $41.3 billion in Q3 2026, up 1.9% from $40.53 billion a year earlier and up 2.6% from the prior quarter.
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Analysis
Mplx (MPLX) Invested Capital (2011 - 2026) Analysis & Trends
For FY2025, Mplx reported Invested Capital of $40.53 billion, up 15.8% 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 $35.01 billion in FY2024 (+4.8%), $33.4 billion in FY2023 (+2.3%), $32.65 billion in FY2022 (+5.5%) and $30.96 billion in FY2021 (-7.7%).
- The Q3 2026 figure is the highest quarterly Invested Capital in data going back to Q4 2011.
- On a year-over-year basis, Invested Capital has increased for five consecutive quarters, with growth averaging 8.1% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 15.8% in Q4 2025, against a decline of 7.7% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $40.26 billion (Q2 2026), $40.3 billion (Q1 2026) and $40.53 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 130.05 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 22.36 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 64.63 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 65.90 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 61.79 Bn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 118.50 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 23.81 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 35.90 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 41.30 Bn |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn | 60.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 41.30 Bn |
| 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 |
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();