Products & Services · Number of renewals

Marine Services Equipment — Number of renewals

MPLX Marine Services Equipment — Number of renewals increased by 100.0% to $2.00 in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from $1.00 to $2.00. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryMarket Position
SignalHigher is better
VolatilityModerate
First reportedQ4 2020
Last reportedQ4 2025

How to read this metric

A higher number of renewals signals strong customer satisfaction and high switching costs, whereas a decline may indicate competitive pressure or a shift in customer logistics strategies.

Detailed definition

This metric tracks the frequency or count of automatic contract renewals occurring within the marine services segment. I...

Peer comparison

Comparable to 'contract renewal rates' or 'customer retention counts' found in logistics and infrastructure service providers.

Metric ID: mplx_segment_marine_services_equipment_number_of_renewals

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value22112
QoQ Change+0.0%-50.0%+0.0%+100.0%
YoY Change+0.0%-50.0%+0.0%+100.0%
Range12
CAGR+0.0%
Avg YoY Growth+12.5%
Median YoY Growth+0.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is MPLX's marine services equipment — number of renewals?
MPLX (MPLX) reported marine services equipment — number of renewals of $2.00 in Q4 2025.
How has MPLX's marine services equipment — number of renewals changed year-over-year?
MPLX's marine services equipment — number of renewals increased by 100.0% year-over-year, from $1.00 to $2.00.
What does marine services equipment — number of renewals mean?
The total number of times marine service contracts have been automatically extended.