Mplx (MPLXP) Debt to Equity (2012 - 2026)

Mplx (MPLXP) reported Debt to Equity of $1.79 for Q1 2026, up 12.51% year-over-year from $1.59 in Q1 2025, and little changed quarter-over-quarter from $1.79 in Q4 2025.

Mplx (MPLXP) Debt to Equity (2012 - 2026) Analysis & Trends

Mplx (MPLXP) has 15 years of Debt to Equity data on file, last reported at $1.79 in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $1.79, up 12.51% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.79 (up 12.51% YoY), and the FY2025 annual result was $1.79, up 18.23% from the prior year.
  • Debt to Equity was little changed at $1.79 in Q1 2026 per MPLXP's latest filing, from $1.79 in the prior quarter.
  • Over five years, Debt to Equity peaked at $1.79 in Q3 2025 and troughed at $1.51 in Q2 2025.
  • A 5-year average of $1.64 and a median of $1.61 in 2024 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2022 and 2024: Debt to Equity soared 1087.81% in 2022, then fell 7.46% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $1.58 in 2022, then rose by 2.04% to $1.61 in 2023, then dropped by 5.77% to $1.52 in 2024, then grew by 18.23% to $1.79 in 2025, then slipped by 0.05% to $1.79 in 2026.
  • Business Quant data shows MPLXP's Debt to Equity at $1.79 in Q1 2026, $1.79 in Q4 2025, and $1.79 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 1.66
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.12
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 1.02
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 2.01
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.79
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 5.85
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 1.43
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 1.71
10 Mplx - - 2.54 Bn 1.79

Historic Data

Download Data
DateValue
Mar 31, 2026 1.79
Dec 31, 2025 1.79
Sep 30, 2025 1.79
Jun 30, 2025 1.51
Mar 31, 2025 1.59
Dec 31, 2024 1.52
Sep 30, 2024 1.60
Jun 30, 2024 1.61
Mar 31, 2024 1.56
Dec 31, 2023 1.61
Sep 30, 2023 1.65
Jun 30, 2023 1.67
Mar 31, 2023 1.69
Dec 31, 2022 1.58
Sep 30, 2022 1.56
Jun 30, 2022 1.63
Mar 31, 2022 1.64
Dec 31, 2021 1.54
Sep 30, 2021 0.13
Jun 30, 2021 1.54