Mplx (MPLXP) Return on Capital Employed (2012 - 2026)

Mplx (MPLXP) reported Return on Capital Employed of 14.56% for Q1 2026, down 130.0% year-over-year from 48.53% in Q1 2025, and down 2.34% quarter-over-quarter from 14.91% in Q4 2025.

Mplx (MPLXP) Return on Capital Employed (2012 - 2026) Analysis & Trends

Mplx (MPLXP) has 15 years of Return on Capital Employed data on file, last reported at 14.56% in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 14.56%, down 130.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.56% (down 130.0% YoY), and the FY2025 annual result was 16.06%, up 41.0% from the prior year.
  • Return on Capital Employed fell to 14.56% in Q1 2026 per MPLXP's latest filing, from 14.91% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 15.86% in Q1 2025 and troughed at 4.07% in Q1 2022.
  • A 5-year average of 13.31% and a median of 14.78% in 2024 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2022 and 2026: Return on Capital Employed soared 1171 bps in 2022, then plunged 130 bps in 2026.
  • A 5-year view of Return on Capital Employed shows it stood at 14.73% in 2022, then declined by 6 bps to 13.86% in 2023, then rose by 10 bps to 15.21% in 2024, then fell by 2 bps to 14.91% in 2025, then retreated by 2 bps to 14.56% in 2026.
  • Business Quant data shows MPLXP's Return on Capital Employed at 14.56% in Q1 2026, 14.91% in Q4 2025, and 15.67% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 5.26%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 11.93%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 7.42%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 7.59%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 13.21%
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 14.56%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 3.63%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 9.98%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn -
10 Mplx - - 2.54 Bn 14.56%

Historic Data

Download Data
DateValue
Mar 31, 2026 14.56%
Dec 31, 2025 14.91%
Sep 30, 2025 15.67%
Jun 30, 2025 14.93%
Mar 31, 2025 15.86%
Dec 31, 2024 15.21%
Sep 30, 2024 15.56%
Jun 30, 2024 15.66%
Mar 31, 2024 14.78%
Dec 31, 2023 13.86%
Sep 30, 2023 13.25%
Jun 30, 2023 14.82%
Mar 31, 2023 14.69%
Dec 31, 2022 14.73%
Sep 30, 2022 8.26%
Jun 30, 2022 5.49%
Mar 31, 2022 4.07%
Dec 31, 2021 3.02%
Sep 30, 2021 6.18%
Jun 30, 2021 6.01%