Mplx (MPLX) Return on Invested Capital [ROIC] (2012 - 2026)
Mplx's Return on Invested Capital [ROIC] was 13.59% in Q3 2026, down 1.63 percentage points from 15.22% a year earlier and down 0.98 percentage points from the prior quarter.
Mplx (MPLX) Return on Invested Capital [ROIC] (2012 - 2026) Analysis & Trends
For FY2024, Return on Invested Capital [ROIC] at Mplx came in at 15.42%, up 0.63 percentage points from FY2023.
- Return on Invested Capital [ROIC] shows a four-year change of +14.82 percentage points (FY2020 to FY2024).
- In earlier years, Return on Invested Capital [ROIC] was 14.80% in FY2023 (-0.61 pp), 15.41% in FY2022 (+3.04 pp), 12.37% in FY2021 (+11.77 pp) and 0.60% in FY2020.
- The Q3 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] since Q3 2022.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in four of the last seven quarters, with an average year-over-year change of -0.24 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q4 2022 (a gain of 11.05 percentage points); the worst was Q3 2026 (a drop of 1.63 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn | 4.91% |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn | 16.19% |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn | 12.57% |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn | 6.34% |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn | 8.84% |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - | 10.22% |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn | 13.71% |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn | 15.49% |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn | 13.59% |
| 10 | Oneok | 55.08 Bn | 63.62 Bn | 2.84 Bn | 8.77% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.59% |
| Jun 30, 2026 | 14.56% |
| Mar 31, 2026 | 14.30% |
| Dec 31, 2025 | 14.64% |
| Sep 30, 2025 | 15.22% |
| Jun 30, 2025 | 14.56% |
| Mar 31, 2025 | 15.02% |
| Dec 31, 2024 | 14.83% |
| Sep 30, 2024 | 14.70% |
| Jun 30, 2024 | 14.84% |
| Mar 31, 2024 | 14.71% |
| Dec 31, 2023 | 14.71% |
| Sep 30, 2023 | 13.88% |
| Jun 30, 2023 | 15.52% |
| Mar 31, 2023 | 15.41% |
| Dec 31, 2022 | 14.98% |
| Sep 30, 2022 | 15.07% |
| Jun 30, 2022 | 13.22% |
| Mar 31, 2022 | 12.90% |
| Dec 31, 2021 | 12.82% |
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_KEY
import 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();