Mplx (MPLX) Invested Capital (2011 - 2026)
Mplx (MPLX) posted quarterly Invested Capital of $26.0 billion for Q1 2026, up 14.52% year-over-year from $22.7 billion in Q1 2025, and little changed quarter-over-quarter from $26.0 billion in Q4 2025.
Mplx (MPLX) Invested Capital (2011 - 2026) Analysis & Trends
Mplx (MPLX) has reported Invested Capital for 16 consecutive years, with $26.0 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Invested Capital rose 14.52% year-over-year to $26.0 billion; the TTM figure through Mar 2026 stood at $99.5 billion (up 12.3% YoY), while the FY2025 annual figure was $26.0 billion, up 22.64% from the prior year.
- Invested Capital was little changed at $26.0 billion in Q1 2026 per MPLX's latest filing, from $26.0 billion in the prior quarter.
- Across five years, Invested Capital topped out at $26.0 billion in Q3 2025 and bottomed at $20.1 billion in Q1 2022.
- Historically, Invested Capital has averaged $21.9 billion across 5 years, with a median of $20.7 billion in 2023.
- On a YoY basis, Invested Capital climbed as much as 22.64% in 2025 and fell as far as 3.8% in 2025.
- Mplx's Invested Capital stood at $20.1 billion in 2022, then rose by 2.97% to $20.7 billion in 2023, then grew by 2.41% to $21.2 billion in 2024, then climbed by 22.64% to $26.0 billion in 2025, then changed by 0.0% to $26.0 billion in 2026.
- Business Quant data shows MPLX's Invested Capital at $26.0 billion in Q1 2026, $26.0 billion in Q4 2025, and $26.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 29.70 Bn |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn | 4.85 Bn |
| 3 | Enterprise Products Partners | 83.42 Bn | 82.51 Bn | - | 2.02 Bn |
| 4 | Energy Transfer | 72.55 Bn | 71.52 Bn | 7.40 Bn | 12.00 Mn |
| 5 | Tc Energy | 66.17 Bn | 58.61 Bn | 1.24 Bn | 2.53 Bn |
| 6 | Mplx | 60.16 Bn | 59.13 Bn | 2.73 Bn | 26.01 Bn |
| 7 | Oneok | 60.05 Bn | 59.89 Bn | 2.81 Bn | 1.50 Bn |
| 8 | Targa Resources | 59.27 Bn | 59.14 Bn | 2.14 Bn | 18.46 Bn |
| 9 | Cheniere Energy | 56.13 Bn | 54.88 Bn | 5.29 Bn | 1.41 Bn |
| 10 | Venture Global | 34.44 Bn | 31.22 Bn | 2.92 Bn | 287.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.01 Bn |
| Mar 31, 2026 | 26.01 Bn |
| Dec 31, 2025 | 26.01 Bn |
| Sep 30, 2025 | 26.01 Bn |
| Jun 30, 2025 | 21.51 Bn |
| Mar 31, 2025 | 22.71 Bn |
| Dec 31, 2024 | 21.21 Bn |
| Sep 30, 2024 | 22.36 Bn |
| Jun 30, 2024 | 22.36 Bn |
| Mar 31, 2024 | 20.71 Bn |
| Dec 31, 2023 | 20.71 Bn |
| Sep 30, 2023 | 20.71 Bn |
| Jun 30, 2023 | 20.71 Bn |
| Mar 31, 2023 | 20.71 Bn |
| Dec 31, 2022 | 20.11 Bn |
| Sep 30, 2022 | 20.11 Bn |
| Jun 30, 2022 | 20.11 Bn |
| Mar 31, 2022 | 20.11 Bn |
| Dec 31, 2021 | 18.91 Bn |
| Sep 30, 2021 | 18.61 Bn |