Mplx (MPLX) Total Debt (2011 - 2026)
Mplx's (MPLX) quarterly Total Debt came in at $25.6 billion in Q1 2026, up 14.35% year-on-year from $22.4 billion in Q1 2025, and little changed sequentially from $25.7 billion in Q4 2025.
Mplx (MPLX) Total Debt (2011 - 2026) Analysis & Trends
Mplx's Total Debt history runs 16 years deep, the most recent figure standing at $25.6 billion for Q1 2026.
- In Q1 2026, Total Debt rose 14.35% year-over-year to $25.6 billion; the TTM figure through Mar 2026 stood at $25.6 billion (up 14.35% YoY), while the FY2025 annual figure was $25.7 billion, up 22.46% from the prior year.
- Total Debt came in at $25.6 billion for Q1 2026 at Mplx, roughly flat from $25.7 billion in the prior quarter.
- Over five years, Total Debt peaked at $25.7 billion in Q4 2025 and troughed at $19.8 billion in Q1 2022.
- The 5-year median for Total Debt is $20.4 billion (2024), against an average of $21.6 billion.
- The widest annual swing landed in 2022, when Total Debt soared 1086.5%; it then dropped 3.84% in 2025.
- A 5-year view of Total Debt shows it stood at $19.8 billion in 2022, then advanced by 3.21% to $20.4 billion in 2023, then advanced by 2.53% to $20.9 billion in 2024, then rose by 22.46% to $25.7 billion in 2025, then decreased by 0.07% to $25.6 billion in 2026.
- Per Business Quant data, the three most recent Total Debt figures were $25.6 billion in Q1 2026, $25.7 billion in Q4 2025, and $25.6 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 78.78 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 32.06 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 33.91 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 69.34 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 19.13 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 25.63 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 32.01 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 14.22 Bn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 36.58 Bn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 9.54 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.63 Bn |
| Dec 31, 2025 | 25.65 Bn |
| Sep 30, 2025 | 25.65 Bn |
| Jun 30, 2025 | 21.23 Bn |
| Mar 31, 2025 | 22.42 Bn |
| Dec 31, 2024 | 20.95 Bn |
| Sep 30, 2024 | 22.09 Bn |
| Jun 30, 2024 | 22.07 Bn |
| Mar 31, 2024 | 20.44 Bn |
| Dec 31, 2023 | 20.43 Bn |
| Sep 30, 2023 | 20.42 Bn |
| Jun 30, 2023 | 20.41 Bn |
| Mar 31, 2023 | 20.39 Bn |
| Dec 31, 2022 | 19.80 Bn |
| Sep 30, 2022 | 19.78 Bn |
| Jun 30, 2022 | 19.78 Bn |
| Mar 31, 2022 | 19.76 Bn |
| Dec 31, 2021 | 18.57 Bn |
| Sep 30, 2021 | 1.67 Bn |
| Jun 30, 2021 | 19.73 Bn |