Mplx (MPLX) Operating Leases (2019 - 2026)

Mplx (MPLX) reported Operating Leases of $208.0 million for Q1 2026, down 8.37% year-over-year from $227.0 million in Q1 2025, and down 4.15% quarter-over-quarter from $217.0 million in Q4 2025.

Mplx (MPLX) Operating Leases (2019 - 2026) Analysis & Trends

Mplx (MPLX) has 8 years of Operating Leases data on file, last reported at $208.0 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $208.0 million, down 8.37% year-over-year; the trailing twelve-month figure through Mar 2026 was $208.0 million (down 8.37% YoY), and the FY2025 annual result was $217.0 million, changed 0.0% from the prior year.
  • Operating Leases retreated to $208.0 million in Q1 2026 per MPLX's latest filing, from $217.0 million in the prior quarter.
  • Over five years, Operating Leases peaked at $250.0 million in Q2 2022 and troughed at $208.0 million in Q1 2026.
  • A 5-year average of $224.0 million and a median of $221.0 million in 2023 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2022 and 2023: Operating Leases grew 9.55% in 2022, then slipped 9.13% in 2023.
  • A 5-year view of Operating Leases shows it stood at $230.0 million in 2022, then decreased by 8.26% to $211.0 million in 2023, then climbed by 2.84% to $217.0 million in 2024, then changed by 0.0% to $217.0 million in 2025, then retreated by 4.15% to $208.0 million in 2026.
  • Business Quant data shows MPLX's Operating Leases at $208.0 million in Q1 2026, $217.0 million in Q4 2025, and $220.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn

Historic Data

Download Data
DateValue
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 229.00 Mn
Sep 30, 2021 220.00 Mn
Jun 30, 2021 232.00 Mn