Goodwill
MPLX Goodwill decreased by 0.2% to $8.74B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.3%, from $7.65B to $8.74B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 2.7% CAGR.
Analysis
How to read this metric
High goodwill indicates a history of aggressive M&A; significant write-downs signal that acquired assets are underperforming expectations.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Common in industries with high M&A activity; peers are compared based on the ratio of goodwill to total equity.
goodwillHistorical 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 | $7.66B | $7.66B | $7.66B | $7.66B | $7.65B | $7.65B | $7.65B | $7.65B | $7.65B | $7.65B | $7.65B | $7.65B | $7.65B | $7.65B | $7.65B | $7.65B | $7.65B | $8.73B | $8.76B | $8.74B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -0.2% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +14.2% | +0.3% | -0.2% |
| YoY Change | — | — | — | — | -0.2% | -0.2% | -0.2% | -0.2% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +14.2% | +14.5% | +14.3% |
Business Segments — Crude Oil and Products Logistics
| Segment | Q4 '24 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|
| Crude Oil and Products Logistics | $7.65B | — | — | $7.65B |
| Natural Gas & NGL Services | $0.00 | $731.00M | $356.00M | $1.11B |
| Total | $7.65B | $7.65B | $8.73B | $8.76B |
Natural Gas & NGL Services was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — Logistics and Storage
| Segment | Q2 '21 | Q3 '21 | Q4 '21 | Q4 '22 | Q4 '23 |
|---|---|---|---|---|---|
| Logistics and Storage | $7.66B | $7.66B | $7.66B | $7.65B | $7.65B |
| Gathering and Processing | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $7.66B | $7.66B | $7.66B | $7.65B | $7.65B |
Gathering and Processing, Logistics and Storage were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is MPLX's goodwill?
- MPLX (MPLX) reported goodwill of $8.74B in Q1 2026.
- How has MPLX's goodwill changed year-over-year?
- MPLX's goodwill increased by 14.3% year-over-year, from $7.65B to $8.74B.
- What is the long-term trend for MPLX's goodwill?
- Over 5 years (2020 to 2025), MPLX's goodwill has grown at a 2.7% compound annual growth rate (CAGR), from $7.66B to $8.76B.
- What does goodwill mean?
- The premium paid for an acquisition above the value of its tangible and identifiable assets.