Mplx (MPLX) Return on Capital Employed (2012 - 2026)

Mplx's (MPLX) quarterly Return on Capital Employed came in at 14.56% in Q1 2026, down 130.0% year-on-year from 48.53% in Q1 2025, and down 2.34% sequentially from 14.91% in Q4 2025.

Mplx (MPLX) Return on Capital Employed (2012 - 2026) Analysis & Trends

Mplx's Return on Capital Employed history runs 15 years deep, the most recent figure standing at 14.56% for 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 came in at 14.56% for Q1 2026 at Mplx, down from 14.91% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 15.86% in Q1 2025 and troughed at 4.07% in Q1 2022.
  • The 5-year median for Return on Capital Employed is 14.78% (2024), against an average of 13.31%.
  • The widest annual swing landed in 2022, when Return on Capital Employed jumped 1171 bps; it then sank 130 bps in 2026.
  • A 5-year view of Return on Capital Employed shows it 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.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 14.56% in Q1 2026, 14.91% in Q4 2025, and 15.67% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 5.26%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 7.42%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 11.93%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 7.59%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 3.63%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 14.56%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 9.98%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 22.68%
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 10.22%
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn 6.09%

Historic Data

Download Data
DateValue
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 8.26%
Jun 30, 2022 5.49%
Mar 31, 2022 4.07%
Dec 31, 2021 3.02%
Sep 30, 2021 6.18%
Jun 30, 2021 6.01%