Mplx Lp MPLX
NYSE MPLX
$56.53 +0.63 (+1.12%)
As of: Nov 9, 2026 · 11:36 AM EST

Mplx (MPLX) Operating Leases (2019 - 2026)

Updated

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

Historic Data

Download Data
DateValue
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