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% on a QoQ basis from 14.91% in Q4 2025.

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

Mplx (MPLX) has 15 years of Return on Capital Employed data on file, last reported at 14.56% in Q1 2026.

  • On a quarterly basis, Return on Capital Employed fell 130.0% year-over-year to 14.56% in Q1 2026; TTM through Mar 2026 was 14.56%, a 130.0% decrease from a year earlier, with the FY2025 full-year figure at 16.06%, up 41.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 14.56%, down from 14.91% in the prior quarter.
  • Over the last five years, Return on Capital Employed for MPLX reached as high as 15.86% in Q1 2025 and fell as low as 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.
  • Across the five-year window, Return on Capital Employed surged 675 bps in 2022 and slumped 130 bps in 2026, its largest moves.
  • Year by year, Return on Capital Employed stood at 14.73% in 2022, then decreased by 6 bps to 13.86% in 2023, then climbed by 10 bps to 15.21% in 2024, then slipped by 2 bps to 14.91% in 2025, then dropped 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 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 22.21%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 14.37%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 7.68%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 5.26%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 11.93%
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn -
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 7.59%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 15.97%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 9.98%
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 14.56%

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 13.08%
Jun 30, 2022 10.35%
Mar 31, 2022 8.97%
Dec 31, 2021 7.98%
Sep 30, 2021 10.47%
Jun 30, 2021 9.65%