MPLX Finance lease revenue increased by 17.1% to $48.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 29.7%, from $37.00M to $48.00M. Over 3 years (FY 2022 to FY 2025), Finance lease revenue shows an upward trend with a 34.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates growth in capital-intensive asset leasing activities, while a decrease may signal contract expirations or a shift in business model.
Revenue recognized from lease agreements classified as finance leases where the lessor transfers substantially all risks...
Common in midstream energy and infrastructure companies with long-term take-or-pay asset contracts.
is_cat_finance_lease_revenue| Q3 '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 | $0.00 | $0.00 | $0.00 | $28.00M | $34.00M | $34.00M | $33.00M | $34.00M | $35.00M | $34.00M | $34.00M | $34.00M | $34.00M | $37.00M | $36.00M | $37.00M | $41.00M | $48.00M |
| QoQ Change | — | — | — | — | +21.4% | +0.0% | -2.9% | +3.0% | +2.9% | -2.9% | +0.0% | +0.0% | +0.0% | +8.8% | -2.7% | +2.8% | +10.8% | +17.1% |
| YoY Change | — | — | — | — | — | — | — | +21.4% | +2.9% | +0.0% | +3.0% | +0.0% | -2.9% | +8.8% | +5.9% | +8.8% | +20.6% | +29.7% |
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Crude Oil and Products Logistics | $115.00M | $116.00M | $113.00M | $104.00M | $102.00M |
| Natural Gas & NGL Services | $37.00M | $36.00M | $37.00M | $41.00M | $48.00M |
| Total | $37.00M | $36.00M | $37.00M | $41.00M | $48.00M |
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| L&S | $122.00M | $125.00M | $125.00M | $129.00M | $121.00M | $121.00M | $120.00M | $118.00M |
| G&P | $34.00M | $34.00M | $33.00M | $34.00M | $35.00M | $34.00M | $34.00M | $34.00M |
| Total | $34.00M | $34.00M | $33.00M | $34.00M | $35.00M | $34.00M | $34.00M | $34.00M |
G&P, L&S were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.