Investing
CapEx
MPLX CapEx decreased by 19.5% to $575.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 115.4%, from $267.00M to $575.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 36.0% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
cf_capital_expendituresHistorical Data
20 periods
| 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 | $109.00M | $139.00M | $155.00M | $169.00M | $125.00M | $241.00M | $271.00M | $169.00M | $263.00M | $230.00M | $275.00M | $255.00M | $213.00M | $280.00M | $308.00M | $267.00M | $301.00M | $526.00M | $714.00M | $575.00M |
| QoQ Change | — | +27.5% | +11.5% | +9.0% | -26.0% | +92.8% | +12.4% | -37.6% | +55.6% | -12.5% | +19.6% | -7.3% | -16.5% | +31.5% | +10.0% | -13.3% | +12.7% | +74.8% | +35.7% | -19.5% |
| YoY Change | — | — | — | — | +14.7% | +73.4% | +74.8% | +0.0% | +110.4% | -4.6% | +1.5% | +50.9% | -19.0% | +21.7% | +12.0% | +4.7% | +41.3% | +87.9% | +131.8% | +115.4% |
Range$109.00M – $714.00M
CAGR+41.9%
Avg YoY Growth+44.8%
Median YoY Growth+31.5%
CapEx at Other Companies
Frequently Asked Questions
- What is MPLX's capex?
- MPLX (MPLX) reported capex of $575.00M in Q1 2026.
- How has MPLX's capex changed year-over-year?
- MPLX's capex increased by 115.4% year-over-year, from $267.00M to $575.00M.
- What is the long-term trend for MPLX's capex?
- Over 4 years (2021 to 2025), MPLX's capex has grown at a 36.0% compound annual growth rate (CAGR), from $529.00M to $1.81B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.