Mplx (MPLXP) Free Cash Flow (2011 - 2026)
Mplx's (MPLXP) quarterly Free Cash Flow came in at $772.0 million in Q1 2026, down 21.14% year-on-year from $979.0 million in Q1 2025, and down 1.28% sequentially from $782.0 million in Q4 2025.
Mplx (MPLXP) Free Cash Flow (2011 - 2026) Analysis & Trends
Mplx's Free Cash Flow history runs 16 years deep, the most recent figure standing at $772.0 million for Q1 2026.
- In Q1 2026, Free Cash Flow fell 21.14% year-over-year to $772.0 million; the TTM figure through Mar 2026 stood at $3.9 billion (down 19.43% YoY), while the FY2025 annual figure was $4.1 billion, down 16.13% from the prior year.
- Free Cash Flow came in at $772.0 million for Q1 2026 at Mplx, down from $782.0 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $1.4 billion in Q2 2025 and troughed at $772.0 million in Q1 2026.
- The 5-year median for Free Cash Flow is $1.1 billion (2023), against an average of $1.1 billion.
- The widest annual swing landed in 2023, when Free Cash Flow rose 27.07%; it then sank 42.79% in 2025.
- A 5-year view of Free Cash Flow shows it stood at $1.1 billion in 2022, then grew by 10.67% to $1.2 billion in 2023, then rose by 12.6% to $1.4 billion in 2024, then slumped by 42.79% to $782.0 million in 2025, then slipped by 1.28% to $772.0 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $772.0 million in Q1 2026, $782.0 million in Q4 2025, and $905.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | -70.73 Mn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.36 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 486.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.46 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | -160.00 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 772.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 70.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 879.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | -2.42 Bn |
| 10 | Mplx | - | - | 2.54 Bn | 772.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 772.00 Mn |
| Mar 31, 2026 | 772.00 Mn |
| Dec 31, 2025 | 782.00 Mn |
| Dec 31, 2025 | 782.00 Mn |
| Sep 30, 2025 | 905.00 Mn |
| Sep 30, 2025 | 905.00 Mn |
| Jun 30, 2025 | 1.44 Bn |
| Jun 30, 2025 | 1.44 Bn |
| Mar 31, 2025 | 979.00 Mn |
| Mar 31, 2025 | 979.00 Mn |
| Dec 31, 2024 | 1.37 Bn |
| Dec 31, 2024 | 1.37 Bn |
| Sep 30, 2024 | 1.14 Bn |
| Sep 30, 2024 | 1.14 Bn |
| Jun 30, 2024 | 1.35 Bn |
| Jun 30, 2024 | 1.35 Bn |
| Mar 31, 2024 | 1.04 Bn |
| Mar 31, 2024 | 1.04 Bn |
| Dec 31, 2023 | 1.21 Bn |
| Dec 31, 2023 | 1.21 Bn |