Mplx (MPLX) Return on Capital Employed (2012 - 2026)
Mplx (MPLX) reported 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 15 years of Return on Capital Employed data on file, last reported at 14.56% in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 14.56%, down 130.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.56% (down 130.0% YoY), and the FY2025 annual result was 16.06%, up 41.0% from the prior year.
- Return on Capital Employed fell to 14.56% in Q1 2026 per MPLX's latest filing, 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.
- A 5-year average of 13.31% and a median of 14.78% in 2024 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2026: Return on Capital Employed soared 1171 bps in 2022, then plunged 130 bps in 2026.
- A 5-year view of Return on Capital Employed shows it stood at 14.73% in 2022, then declined by 6 bps to 13.86% in 2023, then rose by 10 bps to 15.21% in 2024, then fell by 2 bps to 14.91% in 2025, then retreated 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 5.26% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 11.93% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 7.42% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 7.59% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 13.21% |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 14.56% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 3.63% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 9.98% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | - |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn | 11.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |