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.
Powered by 
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 | 102.92 Bn | 98.52 Bn | 4.84 Bn | 78.92 Bn |
| 2 | Williams Companies | 86.17 Bn | 84.88 Bn | 2.54 Bn | 6.64 Bn |
| 3 | Enterprise Products Partners | 79.62 Bn | 78.01 Bn | - | 33.23 Bn |
| 4 | Kinder Morgan | 74.35 Bn | 74.05 Bn | 3.07 Bn | 32.25 Bn |
| 5 | Energy Transfer | 69.12 Bn | 62.30 Bn | 7.40 Bn | 68.41 Bn |
| 6 | Tc Energy | 63.18 Bn | 59.26 Bn | 2.81 Bn | 11.91 Bn |
| 7 | Targa Resources | 62.78 Bn | 62.26 Bn | 2.14 Bn | 19.58 Bn |
| 8 | Cheniere Energy | 59.78 Bn | 54.61 Bn | 5.29 Bn | 24.04 Bn |
| 9 | Mplx | 59.04 Bn | 52.60 Bn | 2.91 Bn | 26.01 Bn |
| 10 | Oneok | 58.39 Bn | 56.78 Bn | 2.81 Bn | 33.02 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.01 Bn |
| Mar 31, 2026 | 26.01 Bn |
| Dec 31, 2025 | 26.01 Bn |
| Sep 30, 2025 | 26.01 Bn |
| Jun 30, 2025 | 21.51 Bn |
| Mar 31, 2025 | 22.71 Bn |
| Dec 31, 2024 | 21.21 Bn |
| Sep 30, 2024 | 22.36 Bn |
| Jun 30, 2024 | 22.36 Bn |
| Mar 31, 2024 | 20.71 Bn |
| Dec 31, 2023 | 20.71 Bn |
| Sep 30, 2023 | 20.71 Bn |
| Jun 30, 2023 | 20.71 Bn |
| Mar 31, 2023 | 20.71 Bn |
| Dec 31, 2022 | 20.11 Bn |
| Sep 30, 2022 | 20.11 Bn |
| Jun 30, 2022 | 20.11 Bn |
| Mar 31, 2022 | 20.11 Bn |
| Dec 31, 2021 | 18.91 Bn |
| Sep 30, 2021 | 18.61 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();