Mplx (MPLX) Return on Capital Employed [ROCE] (2012 - 2026)
Mplx (MPLX) reported Return on Capital Employed [ROCE] of 13.41% for Q3 2026, down 2.26 percentage points from 15.67% a year earlier and down 1.38 percentage points from the prior quarter.
Powered by 
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).
- The Q3 2026 figure ranks as the lowest quarterly Return on Capital Employed [ROCE] since Q3 2023.
- Year over year, Return on Capital Employed [ROCE] has now declined in each of the last four quarters, with an average year-over-year change of -0.36 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 Q3 2026 (a drop of 2.26 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 14.79% (Q2 2026), 14.56% (Q1 2026) and 14.91% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn | 5.39% |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn | 7.90% |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn | 12.76% |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn | 7.64% |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn | 8.92% |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - | - |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn | 16.29% |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn | 15.11% |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn | 13.41% |
| 10 | Oneok | 55.08 Bn | 63.62 Bn | 2.84 Bn | 9.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.41% |
| 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 | 14.74% |
| Jun 30, 2022 | 12.91% |
| Mar 31, 2022 | 12.45% |
| Dec 31, 2021 | 12.38% |
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();