Non-Current Liabilities
Operating Lease Liabilities
MPLX Operating Lease Liabilities decreased by 4.1% to $208.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.4%, from $227.00M to $208.00M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows a downward trend with a -2.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ4 2025
How to read this metric
An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.
Detailed definition
This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...
Peer comparison
Standard long-term liability for companies with significant real estate or equipment footprints.
Metric ID:
operating_lease_liabilities_non_currentHistorical Data
18 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '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 | $232.00M | $220.00M | $205.00M | $228.00M | $230.00M | $221.00M | $228.00M | $219.00M | $211.00M | $231.00M | $225.00M | $217.00M | $217.00M | $227.00M | $218.00M | $220.00M | $217.00M | $208.00M |
| QoQ Change | — | -5.2% | -6.8% | +11.2% | +0.9% | -3.9% | +3.2% | -3.9% | -3.7% | +9.5% | -2.6% | -3.6% | +0.0% | +4.6% | -4.0% | +0.9% | -1.4% | -4.1% |
| YoY Change | — | — | — | — | +12.2% | -3.1% | — | — | -8.3% | +4.5% | -1.3% | -0.9% | +2.8% | -1.7% | -3.1% | +1.4% | +0.0% | -8.4% |
Range$205.00M – $232.00M
CAGR-2.5%
Avg YoY Growth-0.5%
Median YoY Growth-1.1%
Current Streak2 quarters decline
Operating Lease Liabilities at Other Companies
Frequently Asked Questions
- What is MPLX's operating lease liabilities?
- MPLX (MPLX) reported operating lease liabilities of $208.00M in Q1 2026.
- How has MPLX's operating lease liabilities changed year-over-year?
- MPLX's operating lease liabilities decreased by 8.4% year-over-year, from $227.00M to $208.00M.
- What is the long-term trend for MPLX's operating lease liabilities?
- Over 5 years (2020 to 2025), MPLX's operating lease liabilities has grown at a -2.3% compound annual growth rate (CAGR), from $244.00M to $217.00M.
- What does operating lease liabilities mean?
- The amount of lease payments due after one year.