Mplx (MPLXP) Operating Leases (2019 - 2026)
Mplx (MPLXP) reported Operating Leases of $208.0 million for Q1 2026, down 8.37% year-over-year from $227.0 million in Q1 2025, and down 4.15% quarter-over-quarter from $217.0 million in Q4 2025.
Mplx (MPLXP) Operating Leases (2019 - 2026) Analysis & Trends
Mplx (MPLXP) has 8 years of Operating Leases data on file, last reported at $208.0 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $208.0 million, down 8.37% year-over-year; the trailing twelve-month figure through Mar 2026 was $208.0 million (down 8.37% YoY), and the FY2025 annual result was $217.0 million, changed 0.0% from the prior year.
- Operating Leases retreated to $208.0 million in Q1 2026 per MPLXP's latest filing, from $217.0 million in the prior quarter.
- Over five years, Operating Leases peaked at $250.0 million in Q2 2022 and troughed at $208.0 million in Q1 2026.
- A 5-year average of $224.0 million and a median of $221.0 million in 2023 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2022 and 2023: Operating Leases grew 9.55% in 2022, then slipped 9.13% in 2023.
- A 5-year view of Operating Leases shows it stood at $230.0 million in 2022, then decreased by 8.26% to $211.0 million in 2023, then climbed by 2.84% to $217.0 million in 2024, then changed by 0.0% to $217.0 million in 2025, then retreated by 4.15% to $208.0 million in 2026.
- Business Quant data shows MPLXP's Operating Leases at $208.0 million in Q1 2026, $217.0 million in Q4 2025, and $220.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | Mplx | - | - | 2.54 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 208.00 Mn |
| Dec 31, 2025 | 217.00 Mn |
| Sep 30, 2025 | 220.00 Mn |
| Jun 30, 2025 | 218.00 Mn |
| Mar 31, 2025 | 227.00 Mn |
| Dec 31, 2024 | 217.00 Mn |
| Sep 30, 2024 | 217.00 Mn |
| Jun 30, 2024 | 225.00 Mn |
| Mar 31, 2024 | 231.00 Mn |
| Dec 31, 2023 | 211.00 Mn |
| Sep 30, 2023 | 219.00 Mn |
| Jun 30, 2023 | 228.00 Mn |
| Mar 31, 2023 | 221.00 Mn |
| Dec 31, 2022 | 230.00 Mn |
| Sep 30, 2022 | 241.00 Mn |
| Jun 30, 2022 | 250.00 Mn |
| Mar 31, 2022 | 228.00 Mn |
| Dec 31, 2021 | 229.00 Mn |
| Sep 30, 2021 | 220.00 Mn |
| Jun 30, 2021 | 232.00 Mn |