Cash & Equivalents
MPLX Cash & Equivalents decreased by 29.5% to $1.51B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 40.6%, from $2.53B to $1.51B. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows an upward trend with a 169.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase signals improved liquidity and financial flexibility, while a decrease may indicate heavy capital expenditure, debt repayment, or aggressive share buybacks.
Detailed definition
Represents the most liquid assets on the balance sheet, including physical currency and short-term investments with matu...
Peer comparison
Large-cap technology peers often maintain high cash balances to fund rapid innovation and offset the cyclical nature of consumer electronics.
cash_and_equivalentsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.00M | $39.00M | $13.00M | $42.00M | $298.00M | $121.00M | $238.00M | $393.00M | $755.00M | $960.00M | $1.05B | $385.00M | $2.50B | $2.43B | $1.52B | $2.53B | $1.39B | $1.77B | $2.14B | $1.51B |
| QoQ Change | — | +387.5% | -66.7% | +223.1% | +609.5% | -59.4% | +96.7% | +65.1% | +92.1% | +27.2% | +9.2% | -63.3% | +549.6% | -3.0% | -37.4% | +66.8% | -45.3% | +27.3% | +21.1% | -29.5% |
| YoY Change | — | — | — | — | >999% | +210.3% | >999% | +835.7% | +153.4% | +693.4% | +340.3% | -2.0% | +231.3% | +152.7% | +44.9% | +558.2% | -44.6% | -27.2% | +40.7% | -40.6% |
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is MPLX's cash & equivalents?
- MPLX (MPLX) reported cash & equivalents of $1.51B in Q1 2026.
- How has MPLX's cash & equivalents changed year-over-year?
- MPLX's cash & equivalents decreased by 40.6% year-over-year, from $2.53B to $1.51B.
- What is the long-term trend for MPLX's cash & equivalents?
- Over 5 years (2020 to 2025), MPLX's cash & equivalents has grown at a 169.6% compound annual growth rate (CAGR), from $15.00M to $2.14B.
- What does cash & equivalents mean?
- Money in the bank and very short-term investments that can be turned into cash almost instantly.