Mplx (MPLXP) Invested Capital (2011 - 2026)
Mplx's (MPLXP) quarterly Invested Capital came in at $40.3 billion in Q1 2026, up 9.59% year-on-year from $36.8 billion in Q1 2025, and little changed sequentially from $40.3 billion in Q4 2025.
Mplx (MPLXP) Invested Capital (2011 - 2026) Analysis & Trends
Mplx's Invested Capital history runs 16 years deep, the most recent figure standing at $40.3 billion for Q1 2026.
- In Q1 2026, Invested Capital rose 9.59% year-over-year to $40.3 billion; the TTM figure through Mar 2026 stood at $40.3 billion (up 9.59% YoY), while the FY2025 annual figure was $40.3 billion, up 15.12% from the prior year.
- Invested Capital came in at $40.3 billion for Q1 2026 at Mplx, roughly flat from $40.3 billion in the prior quarter.
- Over five years, Invested Capital peaked at $40.3 billion in Q4 2025 and troughed at $32.1 billion in Q1 2022.
- The 5-year median for Invested Capital is $33.8 billion (2024), against an average of $35.1 billion.
- The widest annual swing landed in 2022, when Invested Capital decreased 3.46%; it then rose 15.12% in 2025.
- A 5-year view of Invested Capital shows it stood at $32.7 billion in 2022, then rose by 2.27% to $33.4 billion in 2023, then advanced by 4.85% to $35.0 billion in 2024, then gained by 15.12% to $40.3 billion in 2025, then slipped by 0.01% to $40.3 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $40.3 billion in Q1 2026, $40.3 billion in Q4 2025, and $40.3 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 59.19 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 61.04 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 33.06 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 103.80 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 21.59 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 40.30 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 54.45 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 12.69 Bn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 47.30 Bn |
| 10 | Mplx | - | - | 2.54 Bn | 40.30 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.30 Bn |
| Dec 31, 2025 | 40.31 Bn |
| Sep 30, 2025 | 40.30 Bn |
| Jun 30, 2025 | 35.56 Bn |
| Mar 31, 2025 | 36.78 Bn |
| Dec 31, 2024 | 35.01 Bn |
| Sep 30, 2024 | 36.14 Bn |
| Jun 30, 2024 | 36.04 Bn |
| Mar 31, 2024 | 33.79 Bn |
| Dec 31, 2023 | 33.40 Bn |
| Sep 30, 2023 | 33.05 Bn |
| Jun 30, 2023 | 32.93 Bn |
| Mar 31, 2023 | 32.79 Bn |
| Dec 31, 2022 | 32.65 Bn |
| Sep 30, 2022 | 32.78 Bn |
| Jun 30, 2022 | 32.25 Bn |
| Mar 31, 2022 | 32.14 Bn |
| Dec 31, 2021 | 30.96 Bn |
| Sep 30, 2021 | 31.30 Bn |
| Jun 30, 2021 | 32.40 Bn |