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MPLX MPLX Natural Gas & NGL Services — Adjusted EBITDA

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Other financials

Income statement

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Revenue$3.3B+10.3%
Operating income$1.4B+6.6%
Net income$1.1B+1.8%
EPS (diluted)$1.06+2.9%

Balance sheet

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Cash & equivalents$1.0B-25.6%
Total debt$25.6B+9,326%
Total assets$43.0B+13.6%

Cash flow

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Operating cash flow$1.3B+8.1%
CapEx$575.0M+115%
Free cash flow$772.0M-21.1%

Valuation

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Market cap$59.51B+16.3%
P/E12.5×+0.8×
P/S4.5×+0.3×

Profitability

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Operating margin44.4%+1.1pp
Net margin36%+0.2pp
FCF margin30.2%-9.4pp

Returns & leverage

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Current ratio1.1×0.0×

Where this comes from

Reported directly by MPLX in its filing.

Tagged under the XBRL concept mplx:AdjustedEBITDA.

The source filing: MPLX’s 8-K, filed August 4, 2026. Open the filing →

Filed
Aug 4, 2026, 6:49 AM EDT
Accession
0001552000-26-000035

FAQ

What is MPLX's natural gas & NGL services — adjusted EBITDA?
MPLX (MPLX) reported natural gas & NGL services — adjusted EBITDA of $614M in Q2 2026.
How has MPLX's natural gas & NGL services — adjusted EBITDA changed year-over-year?
MPLX's natural gas & NGL services — adjusted EBITDA increased by 11.2% year-over-year, from $552M to $614M.
What is the long-term trend for MPLX's natural gas & NGL services — adjusted EBITDA?
Over 3 years (2022 to 2025), MPLX's natural gas & NGL services — adjusted EBITDA has grown at a 7.0% compound annual growth rate (CAGR), from $2.01B to $2.47B.
What does natural gas & NGL services — adjusted EBITDA mean?
This is a key performance indicator representing the segment's earnings before interest, taxes, depreciation, and amortization, adjusted for non-cash items and non-recurring events. It serves as a primary measure of the segment's cash-generating capability and operational profitability. It is widely used to evaluate the segment's contribution to the overall partnership's distributable cash flow.

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