Mplx (MPLX) Return on Capital Employed (2012 - 2026)
Mplx (MPLX) posted quarterly Return on Capital Employed of 14.56% for Q1 2026, down 130.0% year-over-year from 48.53% in Q1 2025, and down 2.34% quarter-over-quarter from 14.91% in Q4 2025.
Mplx (MPLX) Return on Capital Employed (2012 - 2026) Analysis & Trends
Mplx (MPLX) has reported Return on Capital Employed for 15 consecutive years, with 14.56% the latest figure, recorded in Q1 2026.
- In Q1 2026, Return on Capital Employed fell 130.0% year-over-year to 14.56%; the TTM figure through Mar 2026 stood at 14.56% (down 130.0% YoY), while the FY2025 annual figure was 16.06%, up 41.0% from the prior year.
- Return on Capital Employed eased to 14.56% in Q1 2026 per MPLX's latest filing, from 14.91% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 15.86% in Q1 2025 and bottomed at 8.97% in Q1 2022.
- Historically, Return on Capital Employed has averaged 14.17% across 5 years, with a median of 14.78% in 2024.
- Annual changes were most pronounced in 2022 — Return on Capital Employed jumped 675 bps — and 2026, when it plunged 130 bps.
- Mplx's Return on Capital Employed stood at 14.73% in 2022, then fell by 6 bps to 13.86% in 2023, then gained by 10 bps to 15.21% in 2024, then retreated by 2 bps to 14.91% in 2025, then decreased by 2 bps to 14.56% in 2026.
- Business Quant data shows MPLX's Return on Capital Employed at 14.56% in Q1 2026, 14.91% in Q4 2025, and 15.67% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 7.68% |
| 2 | Enbridge | 110.89 Bn | 109.40 Bn | 5.23 Bn | 5.40% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 12.27% |
| 4 | Energy Transfer | 72.67 Bn | 71.64 Bn | 7.40 Bn | 8.43% |
| 5 | Tc Energy | 65.89 Bn | 58.33 Bn | 1.24 Bn | - |
| 6 | Oneok | 60.12 Bn | 59.96 Bn | 2.81 Bn | 9.99% |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 14.79% |
| 8 | Targa Resources | 59.56 Bn | 59.43 Bn | 2.14 Bn | 15.72% |
| 9 | Cheniere Energy | 56.12 Bn | 54.86 Bn | 5.29 Bn | 15.05% |
| 10 | Venture Global | 34.39 Bn | 31.17 Bn | 2.92 Bn | 11.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.79% |
| Mar 31, 2026 | 14.56% |
| Dec 31, 2025 | 14.91% |
| Sep 30, 2025 | 15.67% |
| Jun 30, 2025 | 14.93% |
| Mar 31, 2025 | 15.86% |
| Dec 31, 2024 | 15.21% |
| Sep 30, 2024 | 15.56% |
| Jun 30, 2024 | 15.66% |
| Mar 31, 2024 | 14.78% |
| Dec 31, 2023 | 13.86% |
| Sep 30, 2023 | 13.25% |
| Jun 30, 2023 | 14.82% |
| Mar 31, 2023 | 14.69% |
| Dec 31, 2022 | 14.73% |
| Sep 30, 2022 | 13.08% |
| Jun 30, 2022 | 10.35% |
| Mar 31, 2022 | 8.97% |
| Dec 31, 2021 | 7.98% |
| Sep 30, 2021 | 10.47% |