Mplx (MPLX) Operating Leases (2019 - 2026)
Mplx (MPLX) posted Operating Leases of $192 million for Q3 2026, down 12.7% from $220 million a year earlier and down 5.0% from the prior quarter.
Analysis
Mplx (MPLX) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Mplx's Operating Leases came in at $217 million, unchanged from FY2024.
- Annual Operating Leases shows a five-year compound annual growth rate of -2.3% (FY2020 to FY2025).
- In prior years, Mplx's Operating Leases was $217 million in FY2024 (+2.8%), $211 million in FY2023 (-8.3%), $230 million in FY2022 (+12.2%) and $205 million in FY2021 (-16.0%).
- The Q3 2026 figure stands as the lowest quarterly Operating Leases in data going back to Q1 2019.
- On a year-over-year basis, Operating Leases has declined in each of the last three quarters, with an average decline of 3.6% over the last eight quarters.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q4 2022, with growth of 12.2%; the weakest was Q4 2021, with a decline of 16.0%.
- According to Business Quant data, Operating Leases for the three prior quarters was $202 million (Q2 2026), $208 million (Q1 2026) and $217 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 103.78 Bn | 99.38 Bn | 4.84 Bn |
| 2 | Williams Companies | 82.02 Bn | 79.05 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 79.93 Bn | 78.29 Bn | - |
| 4 | Kinder Morgan | 68.24 Bn | 67.09 Bn | 2.97 Bn |
| 5 | Tc Energy | 65.52 Bn | 62.28 Bn | - |
| 6 | Energy Transfer | 65.29 Bn | 61.12 Bn | 6.57 Bn |
| 7 | Cheniere Energy | 59.06 Bn | 53.21 Bn | 2.97 Bn |
| 8 | Targa Resources | 58.55 Bn | 58.01 Bn | 2.02 Bn |
| 9 | Mplx | 57.38 Bn | 51.41 Bn | 3.19 Bn |
| 10 | Oneok | 54.53 Bn | 53.93 Bn | 2.84 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 192.00 Mn |
| Jun 30, 2026 | 202.00 Mn |
| Mar 31, 2026 | 208.00 Mn |
| Dec 31, 2025 | 217.00 Mn |
| Sep 30, 2025 | 220.00 Mn |
| Jun 30, 2025 | 218.00 Mn |
| Mar 31, 2025 | 227.00 Mn |
| Dec 31, 2024 | 217.00 Mn |
| Sep 30, 2024 | 217.00 Mn |
| Jun 30, 2024 | 225.00 Mn |
| Mar 31, 2024 | 231.00 Mn |
| Dec 31, 2023 | 211.00 Mn |
| Sep 30, 2023 | 219.00 Mn |
| Jun 30, 2023 | 228.00 Mn |
| Mar 31, 2023 | 221.00 Mn |
| Dec 31, 2022 | 230.00 Mn |
| Sep 30, 2022 | 241.00 Mn |
| Jun 30, 2022 | 250.00 Mn |
| Mar 31, 2022 | 228.00 Mn |
| Dec 31, 2021 | 205.00 Mn |
API Access
Mplx Operating Leases 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=operating-leases&ticker=MPLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=MPLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();