Mplx (MPLXP) Interest Coverage Ratio (2011 - 2026)
Mplx's (MPLXP) quarterly Interest Coverage Ratio came in at 4.17 in Q1 2026, down 30.06% year-on-year from 5.97 in Q1 2025, and down 22.08% sequentially from 5.35 in Q4 2025.
Mplx (MPLXP) Interest Coverage Ratio (2011 - 2026) Analysis & Trends
Mplx's Interest Coverage Ratio history runs 16 years deep, the most recent figure standing at 4.17 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 30.06% year-over-year to 4.17; the TTM figure through Mar 2026 stood at 5.54 (down 6.15% YoY), while the FY2025 annual figure was 6.05, up 5.3% from the prior year.
- Interest Coverage Ratio came in at 4.17 for Q1 2026 at Mplx, down from 5.35 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 7.71 in Q3 2022 and troughed at 3.56 in Q4 2022.
- The 5-year median for Interest Coverage Ratio is 5.35 (2025), against an average of 5.56.
- Peak annual rise in Interest Coverage Ratio reached 163.11% in 2022, while the deepest fall reached 98.35% in 2022.
- A 5-year view of Interest Coverage Ratio shows it stood at 3.56 in 2022, then jumped by 74.12% to 6.19 in 2023, then dropped by 5.31% to 5.86 in 2024, then dropped by 8.71% to 5.35 in 2025, then declined by 22.08% to 4.17 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 4.17 in Q1 2026, 5.35 in Q4 2025, and 7.41 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 2.64 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 4.92 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 3.15 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 4.17 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 3.25 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 1.99 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 2.59 |
| 10 | Mplx | - | - | 2.54 Bn | 4.17 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.17 |
| Dec 31, 2025 | 5.35 |
| Sep 30, 2025 | 7.41 |
| Jun 30, 2025 | 5.53 |
| Mar 31, 2025 | 5.97 |
| Dec 31, 2024 | 5.86 |
| Sep 30, 2024 | 5.64 |
| Jun 30, 2024 | 6.14 |
| Mar 31, 2024 | 5.32 |
| Dec 31, 2023 | 6.19 |
| Sep 30, 2023 | 5.13 |
| Jun 30, 2023 | 5.04 |
| Mar 31, 2023 | 4.92 |
| Dec 31, 2022 | 3.56 |
| Sep 30, 2022 | 7.71 |
| Jun 30, 2022 | 5.27 |
| Mar 31, 2022 | 5.35 |
| Dec 31, 2021 | -5.64 |
| Sep 30, 2021 | 3.72 |
| Jun 30, 2021 | 319.00 |