Mplx (MPLX) Operating Leases (2019 - 2026)
Mplx's (MPLX) quarterly Operating Leases came in at $208.0 million in Q1 2026, down 8.37% year-on-year from $227.0 million in Q1 2025, and down 4.15% sequentially from $217.0 million in Q4 2025.
Mplx (MPLX) Operating Leases (2019 - 2026) Analysis & Trends
Mplx's Operating Leases history runs 8 years deep, the most recent figure standing at $208.0 million for Q1 2026.
- In Q1 2026, Operating Leases fell 8.37% year-over-year to $208.0 million; the TTM figure through Mar 2026 stood at $208.0 million (down 8.37% YoY), while the FY2025 annual figure was $217.0 million, changed 0.0% from the prior year.
- Operating Leases came in at $208.0 million for Q1 2026 at Mplx, down 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.
- The 5-year median for Operating Leases is $221.0 million (2023), against an average of $224.0 million.
- The widest annual swing landed in 2022, when Operating Leases increased 9.55%; it then dropped 9.13% in 2023.
- A 5-year view of Operating Leases shows it stood at $230.0 million in 2022, then slipped by 8.26% to $211.0 million in 2023, then grew by 2.84% to $217.0 million in 2024, then changed by 0.0% to $217.0 million in 2025, then decreased by 4.15% to $208.0 million in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $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 | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |