Mplx (MPLX) Return on Capital Employed [ROCE] (2012 - 2026)
Mplx (MPLX) reported Return on Capital Employed [ROCE] of 14.79% for Q2 2026, down 0.14 percentage points from 14.93% a year earlier but up 0.23 percentage points from the prior quarter.
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Analysis
Mplx (MPLX) Return on Capital Employed [ROCE] (2012 - 2026) Analysis & Trends
For FY2025, Mplx posted Return on Capital Employed [ROCE] of 16.06%, up 0.41 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of +15.48 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 15.65% in FY2024 (+1.01 pp), 14.64% in FY2023 (-0.16 pp), 14.80% in FY2022 (+2.56 pp) and 12.24% in FY2021 (+11.66 pp).
- Five-year quarterly Return on Capital Employed [ROCE] spans a low of 3.79% in Q4 2021 and a high of 15.86% in Q1 2025.
- Year over year, Return on Capital Employed [ROCE] has now declined in each of the last three quarters, with an average year-over-year change of +0.21 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q4 2022 (a gain of 10.94 percentage points); the low point was Q1 2026 (a drop of 1.30 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 14.56% (Q1 2026), 14.91% (Q4 2025) and 15.67% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 5.40% |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | 8.70% |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 12.27% |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 8.43% |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 7.68% |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 15.72% |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 14.79% |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 15.05% |
| 10 | Oneok | 55.40 Bn | 53.89 Bn | 2.81 Bn | 9.99% |
Historic Data
Download Data
Historic 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 | 14.54% |
| Sep 30, 2023 | 13.25% |
| Jun 30, 2023 | 14.82% |
| Mar 31, 2023 | 14.69% |
| Dec 31, 2022 | 14.73% |
| Sep 30, 2022 | 12.12% |
| Jun 30, 2022 | 8.10% |
| Mar 31, 2022 | 5.67% |
| Dec 31, 2021 | 3.79% |
| Sep 30, 2021 | 4.46% |
API Access
Mplx Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=MPLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "MPLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=MPLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();