Mplx (MPLX) Return on Invested Capital [ROIC] (2012 - 2026)
Mplx's Return on Invested Capital [ROIC] was 14.70% in Q2 2026, up 0.02 percentage points from 14.68% a year earlier and up 0.26 percentage points from the prior quarter.
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Analysis
Mplx (MPLX) Return on Invested Capital [ROIC] (2012 - 2026) Analysis & Trends
For FY2024, Return on Invested Capital [ROIC] at Mplx came in at 15.55%, up 0.62 percentage points from FY2023.
- Return on Invested Capital [ROIC] shows a four-year change of +14.94 percentage points (FY2020 to FY2024).
- In earlier years, Return on Invested Capital [ROIC] was 14.93% in FY2023 (-0.64 pp), 15.57% in FY2022 (+3.05 pp), 12.51% in FY2021 (+11.91 pp) and 0.61% in FY2020.
- Quarterly Return on Invested Capital [ROIC] has moved between 3.97% (Q4 2021) and 15.67% (Q2 2023) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in five of the last seven quarters, with an average year-over-year change of +0.11 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q3 2021 (a gain of 11.31 percentage points); the worst was Q1 2024 (a drop of 0.73 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 4.91% |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 12.19% |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 8.40% |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 6.24% |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 13.19% |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 14.70% |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 15.54% |
| 10 | Oneok | 55.40 Bn | 53.89 Bn | 2.81 Bn | 8.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.70% |
| Mar 31, 2026 | 14.44% |
| Sep 30, 2025 | 15.35% |
| Jun 30, 2025 | 14.68% |
| Mar 31, 2025 | 15.13% |
| Dec 31, 2024 | 14.94% |
| Sep 30, 2024 | 14.81% |
| Jun 30, 2024 | 14.96% |
| Mar 31, 2024 | 14.83% |
| Dec 31, 2023 | 14.83% |
| Sep 30, 2023 | 14.01% |
| Jun 30, 2023 | 15.67% |
| Mar 31, 2023 | 15.56% |
| Dec 31, 2022 | 15.13% |
| Sep 30, 2022 | 12.52% |
| Jun 30, 2022 | 8.38% |
| Mar 31, 2022 | 5.94% |
| Dec 31, 2021 | 3.97% |
| Sep 30, 2021 | 4.67% |
| Jun 30, 2021 | 4.87% |
API Access
Mplx Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=MPLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=MPLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();