Discontinued — last reported Q4 '25
Operating Lease Liabilities (Current)
MPLX Operating Lease Liabilities (Current) remained flat by 0.0% to $53.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.8%, from $47.00M to $53.00M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Current) shows a downward trend with a -3.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests an expanding physical footprint or upcoming renewals, while a decrease may indicate store closures or a shift toward asset ownership.
Detailed definition
The portion of operating lease payments due within the next twelve months, representing the short-term obligation for re...
Peer comparison
Retail-heavy tech companies often show higher current lease liabilities compared to pure software firms due to physical storefront presence.
operating_lease_liabilities_currentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '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 | $63.00M | $61.00M | $59.00M | $47.00M | $46.00M | $45.00M | $49.00M | $48.00M | $45.00M | $50.00M | $50.00M | $49.00M | $45.00M | $47.00M | $47.00M | $49.00M | $53.00M | $53.00M |
| QoQ Change | — | -3.2% | -3.3% | -20.3% | -2.1% | -2.2% | +8.9% | -2.0% | -6.3% | +11.1% | +0.0% | -2.0% | -8.2% | +4.4% | +0.0% | +4.3% | +8.2% | +0.0% |
| YoY Change | — | — | — | — | -22.0% | -4.3% | — | — | -2.2% | +11.1% | +2.0% | +2.1% | +0.0% | -6.0% | -6.0% | +0.0% | +17.8% | +12.8% |
Operating Lease Liabilities (Current) at Other Companies
Frequently Asked Questions
- What is MPLX's operating lease liabilities (current)?
- MPLX (MPLX) reported operating lease liabilities (current) of $53.00M in Q1 2026.
- How has MPLX's operating lease liabilities (current) changed year-over-year?
- MPLX's operating lease liabilities (current) increased by 12.8% year-over-year, from $47.00M to $53.00M.
- What is the long-term trend for MPLX's operating lease liabilities (current)?
- Over 5 years (2020 to 2025), MPLX's operating lease liabilities (current) has grown at a -3.4% compound annual growth rate (CAGR), from $63.00M to $53.00M.
- What does operating lease liabilities (current) mean?
- The amount of rent and lease payments the company must pay in the next year.