Mplx (MPLXP) FCF Margin (2011 - 2026)

Mplx (MPLXP) reported FCF Margin of 25.41% for Q1 2026, down 1439.0% year-over-year from 1.9% in Q1 2025, and up 100.65% quarter-over-quarter from 3910.0% in Q4 2025.

Mplx (MPLXP) FCF Margin (2011 - 2026) Analysis & Trends

Mplx (MPLXP) has 16 years of FCF Margin data on file, last reported at 25.41% in Q1 2026.

  • FCF Margin for Q1 2026 came in at 25.41%, down 1439.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 43.3% (down 453.0% YoY), and the FY2025 annual result was 42.17%, down 1105.0% from the prior year.
  • FCF Margin improved to 25.41% in Q1 2026 per MPLXP's latest filing, from 3910.0% in the prior quarter.
  • Over five years, FCF Margin peaked at 60.91% in Q2 2025 and troughed at 4062.96% in Q4 2022.
  • A 5-year average of 429.38% and a median of 43.64% in 2023 frame the typical range for FCF Margin.
  • The sharpest annual moves came in 2022 and 2023: FCF Margin tumbled 421200 bps in 2022, then soared 411699 bps in 2023.
  • A 5-year view of FCF Margin shows it stood at 4062.96% in 2022, then jumped by 101 bps to 54.03% in 2023, then increased by 5 bps to 56.56% in 2024, then tumbled by 7013 bps to 3910.0% in 2025, then soared by 101 bps to 25.41% in 2026.
  • Business Quant data shows MPLXP's FCF Margin at 25.41% in Q1 2026, 3910.0% in Q4 2025, and 25.01% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -0.43%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 3.38%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 28.13%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 5.26%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 25.41%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -3.91%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.73%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 13.15%
10 Mplx - - 2.54 Bn 25.41%

Historic Data

Download Data
DateValue
Mar 31, 2026 25.41%
Dec 31, 2025 -3,910.00%
Sep 30, 2025 25.01%
Jun 30, 2025 60.91%
Mar 31, 2025 39.80%
Dec 31, 2024 56.56%
Sep 30, 2024 38.19%
Jun 30, 2024 59.96%
Mar 31, 2024 47.70%
Dec 31, 2023 54.03%
Sep 30, 2023 44.42%
Jun 30, 2023 43.64%
Mar 31, 2023 49.74%
Dec 31, 2022 -4,062.96%
Sep 30, 2022 34.38%
Jun 30, 2022 57.18%
Mar 31, 2022 36.63%
Dec 31, 2021 149.04%
Sep 30, 2021 40.76%
Jun 30, 2021 52.44%