What is MPLX's pp&e (net)?

MPLX (MPLX) reported pp&e (net) of $19.91B in Q1 2022.

What does pp&e (net) mean?

The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.

MPLX PP&E (Net) decreased by 0.6% to $19.91B in Q1 2022 compared to the prior quarter.

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryCapital Allocation

SignalContext dependent

VolatilityStable

First reportedQ4 2014

Last reportedQ1 2026

An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.

The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...

Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.

Metric ID: property_plant_equipment_net

4 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22
Value	$20.35B	$20.16B	$20.04B	$19.91B
QoQ Change	—	-1.0%	-0.6%	-0.6%

Range$19.91B – $20.35B

Current Streak3+ quarters decline

What is MPLX's pp&e (net)?: MPLX (MPLX) reported pp&e (net) of $19.91B in Q1 2022.
What does pp&e (net) mean?: The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.