Mplx (MPLX) Operating Leases (2019 - 2026)
Mplx (MPLX) posted quarterly 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 reported Operating Leases for 8 consecutive years, with $208.0 million the latest figure, recorded in 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 declined to $208.0 million in Q1 2026 per MPLX's latest filing, from $217.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $250.0 million in Q2 2022 and bottomed at $208.0 million in Q1 2026.
- Historically, Operating Leases has averaged $224.0 million across 5 years, with a median of $221.0 million in 2023.
- On a YoY basis, Operating Leases climbed as much as 9.55% in 2022 and fell as far as 12.88% in 2022.
- Mplx's Operating Leases 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.
- 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn |
| 2 | Enbridge | 110.89 Bn | 109.40 Bn | 5.23 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - |
| 4 | Energy Transfer | 72.67 Bn | 71.64 Bn | 7.40 Bn |
| 5 | Tc Energy | 65.89 Bn | 58.33 Bn | 1.24 Bn |
| 6 | Oneok | 60.12 Bn | 59.96 Bn | 2.81 Bn |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn |
| 8 | Targa Resources | 59.56 Bn | 59.43 Bn | 2.14 Bn |
| 9 | Cheniere Energy | 56.12 Bn | 54.86 Bn | 5.29 Bn |
| 10 | Venture Global | 34.39 Bn | 31.17 Bn | 2.92 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 264.00 Mn |
| Sep 30, 2021 | 220.00 Mn |