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MPLX MPLX Property, plant and equipment, net

Property, plant and equipment, net at other companies

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Segments

By segment

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Natural Gas and NGL Services$13.28B+27.2%
Crude Oil and Products Logistics$8.71B+0.1%

Other financials

Income statement

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Revenue$3.0B-2.8%
Operating income$1.2B-11.1%
Net income$922.0M-18.8%
EPS (diluted)$0.90-18.2%

Balance sheet

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Cash & equivalents$1.5B-40.6%
Total debt$267.0M-5.3%
Total assets$42.9B+10.2%

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$56.9B+8.5%
Enterprise value$55.66B+10.9%
P/E12×+0.3×
P/S4.4×+0.1×

Profitability

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Operating margin44.8%+0.6pp
Net margin36.7%0.0pp
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 us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

The official record: MPLX’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MPLX's property, plant and equipment, net?
MPLX (MPLX) reported property, plant and equipment, net of $21.99B in Q1 2026.
How has MPLX's property, plant and equipment, net changed year-over-year?
MPLX's property, plant and equipment, net increased by 14.9% year-over-year, from $19.15B to $21.99B.
What is the long-term trend for MPLX's property, plant and equipment, net?
Over 4 years (2021 to 2025), MPLX's property, plant and equipment, net has grown at a 2.0% compound annual growth rate (CAGR), from $20.04B to $21.7B.
What does property, plant and equipment, net mean?
This represents the net book value of long-term tangible assets used in the production, distribution, and administrative functions of the business. It includes manufacturing facilities, machinery, and equipment after accounting for accumulated depreciation. This metric is central to assessing the capital intensity of the company's operations.