Mplx (MPLX) Total Debt (2011 - 2026)
Mplx's Total Debt came in at $25.64 billion for Q2 2026, up 20.8% from $21.23 billion a year earlier and unchanged from the prior quarter.
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Analysis
Mplx (MPLX) Total Debt (2011 - 2026) Analysis & Trends
At the end of FY2025, Mplx's Total Debt was $25.65 billion, up 22.5% from FY2024.
- Total Debt has increased in each of the last four years, with a five-year compound annual growth rate of 5.0% (FY2020 to FY2025).
- Going back by year, Total Debt was $20.95 billion in FY2024 (+2.5%), $20.43 billion in FY2023 (+3.2%), $19.8 billion in FY2022 (+6.6%) and $18.57 billion in FY2021 (-7.8%).
- The five-year range for quarterly Total Debt is $18.25 billion (Q3 2021) to $25.65 billion (Q4 2025).
- Year-over-year, Total Debt has increased for four consecutive quarters, with growth averaging 11.3% over the last eight quarters.
- The fastest year-over-year change in Total Debt over five years came in Q4 2025 (growth of 22.5%), and the weakest in Q3 2021 (a decline of 10.3%).
- Business Quant data shows MPLX's Total Debt at $25.63 billion (Q1 2026), $25.65 billion (Q4 2025) and $25.65 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 81.06 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 33.23 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 68.41 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 32.25 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 35.73 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 19.58 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 25.64 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 33.02 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 24.04 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 41.81 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.64 Bn |
| 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 | 18.25 Bn |
API Access
Mplx Total Debt 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=total-debt&ticker=MPLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=MPLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();