Discontinued — last reported Q2 '24

Non-Current Liabilities

Finance Lease Liabilities (Total)

MPLX Finance Lease Liabilities (Total) remained flat by 0.0% to $6.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 25.0%, from $8.00M to $6.00M. Over 5 years (FY 2020 to FY 2025), Finance Lease Liabilities (Total) shows a downward trend with a -11.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2022
Last reportedQ2 2024

How to read this metric

An increase indicates a preference for financing asset acquisitions through leasing rather than cash or traditional loans, impacting long-term interest expense.

Detailed definition

The aggregate amount of all current and non-current obligations related to finance leases, representing the total debt-e...

Peer comparison

Investors use this to adjust debt metrics to ensure comparability between firms that buy assets and those that use finance leases.

Metric ID: finance_lease_liabilities_total

Historical Data

17 periods
 Q4 '21Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$9.00M$8.00M$8.00M$8.00M$7.00M$7.00M$7.00M$6.00M$6.00M$6.00M$6.00M$6.00M$8.00M$7.00M$7.00M$6.00M$6.00M
QoQ Change-11.1%+0.0%+0.0%-12.5%+0.0%+0.0%-14.3%+0.0%+0.0%+0.0%+0.0%+33.3%-12.5%+0.0%-14.3%+0.0%
YoY Change-11.1%-12.5%-12.5%-25.0%-14.3%-14.3%-14.3%+0.0%+33.3%+16.7%+16.7%+0.0%-25.0%
Range$6.00M$9.00M
CAGR-9.6%
Avg YoY Growth-4.8%
Median YoY Growth-12.5%

Frequently Asked Questions

What is MPLX's finance lease liabilities (total)?
MPLX (MPLX) reported finance lease liabilities (total) of $6.00M in Q1 2026.
How has MPLX's finance lease liabilities (total) changed year-over-year?
MPLX's finance lease liabilities (total) decreased by 25.0% year-over-year, from $8.00M to $6.00M.
What is the long-term trend for MPLX's finance lease liabilities (total)?
Over 5 years (2020 to 2025), MPLX's finance lease liabilities (total) has grown at a -11.4% compound annual growth rate (CAGR), from $11.00M to $6.00M.
What does finance lease liabilities (total) mean?
The total debt the company owes for all its lease-to-own agreements.