Mplx (MPLXP) Asset Utilization Ratio (2012 - 2026)

Mplx (MPLXP) reported Asset Utilization Ratio of 0.21 for Q1 2026, down 20.79% year-over-year from 0.26 in Q1 2025, and up 7.23% quarter-over-quarter from 0.2 in Q4 2025.

Mplx (MPLXP) Asset Utilization Ratio (2012 - 2026) Analysis & Trends

Mplx (MPLXP) has 15 years of Asset Utilization Ratio data on file, last reported at 0.21 in Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.21, down 20.79% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.21 (down 20.79% YoY), and the FY2025 annual result was 0.24, down 2.67% from the prior year.
  • Asset Utilization Ratio grew to 0.21 in Q1 2026 per MPLXP's latest filing, from 0.2 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.27 in Q3 2025 and troughed at 0.19 in Q1 2023.
  • A 5-year average of 0.23 and a median of 0.23 in 2022 frame the typical range for Asset Utilization Ratio.
  • The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio jumped 34.93% in 2024, then slipped 24.42% in 2025.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.2 in 2022, then advanced by 26.22% to 0.26 in 2023, then rose by 0.35% to 0.26 in 2024, then fell by 24.42% to 0.2 in 2025, then advanced by 7.23% to 0.21 in 2026.
  • Business Quant data shows MPLXP's Asset Utilization Ratio at 0.21 in Q1 2026, 0.2 in Q4 2025, and 0.27 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 0.31
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.65
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.24
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.49
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.21
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 0.63
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.52
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn -
10 Mplx - - 2.54 Bn 0.21

Historic Data

Download Data
DateValue
Mar 31, 2026 0.21
Dec 31, 2025 0.20
Sep 30, 2025 0.27
Jun 30, 2025 0.27
Mar 31, 2025 0.26
Dec 31, 2024 0.26
Sep 30, 2024 0.25
Jun 30, 2024 0.24
Mar 31, 2024 0.26
Dec 31, 2023 0.26
Sep 30, 2023 0.20
Jun 30, 2023 0.20
Mar 31, 2023 0.19
Dec 31, 2022 0.20
Sep 30, 2022 0.22
Jun 30, 2022 0.23
Mar 31, 2022 0.23
Dec 31, 2021 0.23
Sep 30, 2021 0.27
Jun 30, 2021 0.26