Non-Current Assets

Other intangible assets—net

MPLX Other intangible assets—net decreased by 2.7% to $1.36B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 156.9%, from $529.00M to $1.36B. Over 5 years (FY 2020 to FY 2025), Other intangible assets—net shows an upward trend with a 7.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryMarket Position
SignalContext dependent
VolatilityModerate
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

An increase typically follows acquisitions, while a steady decrease reflects ongoing amortization of existing intangible assets.

Detailed definition

This represents the net book value of identifiable non-physical assets such as acquired technology, patents, customer li...

Peer comparison

Standard for companies that grow through M&A, often labeled 'Intangible assets, net'.

Metric ID: non_current_assets_intangible_assets_net_excluding_goodwill

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$896.00M$864.00M$831.00M$800.00M$768.00M$736.00M$705.00M$673.00M$641.00M$609.00M$654.00M$618.00M$585.00M$551.00M$518.00M$529.00M$497.00M$1.44B$1.40B$1.36B
QoQ Change-3.6%-3.8%-3.7%-4.0%-4.2%-4.2%-4.5%-4.8%-5.0%+7.4%-5.5%-5.3%-5.8%-6.0%+2.1%-6.0%+190.3%-3.2%-2.7%
YoY Change-14.3%-14.8%-15.2%-15.9%-16.5%-17.3%-7.2%-8.2%-8.7%-9.5%-20.8%-14.4%-15.0%+161.9%+169.7%+156.9%
Range$497.00M$1.44B
CAGR+9.2%
Avg YoY Growth+19.4%
Median YoY Growth-14.3%
Current Streak2 quarters decline

Business Segments — Natural Gas & NGL Services

View all
SegmentQ4 '24Q4 '25
Natural Gas & NGL Services$459.00M$1.35B
Crude Oil and Products Logistics$59.00M$48.00M
Total$518.00M$1.40B

Business Segments — Gathering and Processing

View all
SegmentQ2 '21Q4 '21Q4 '22Q4 '23
Gathering and Processing$712.00M$665.00M$575.00M$560.00M
Logistics and Storage$184.00M$166.00M$130.00M$94.00M
Total$896.00M$831.00M$705.00M$654.00M

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.

Frequently Asked Questions

What is MPLX's other intangible assets—net?
MPLX (MPLX) reported other intangible assets—net of $1.36B in Q1 2026.
How has MPLX's other intangible assets—net changed year-over-year?
MPLX's other intangible assets—net increased by 156.9% year-over-year, from $529.00M to $1.36B.
What is the long-term trend for MPLX's other intangible assets—net?
Over 5 years (2020 to 2025), MPLX's other intangible assets—net has grown at a 7.8% compound annual growth rate (CAGR), from $959.00M to $1.40B.
What does other intangible assets—net mean?
The value of non-physical assets like patents and acquired technology, excluding goodwill.