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MPLX MPLX Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin44.8%-0.9pp45.7%+0.4pp45.3%+1.9pp43.4%-0.9pp44.2%-0.1pp
Net margin36.7%-1.4pp38.1%+0.2pp37.9%+2.2pp35.8%-0.9pp36.7%+0.2pp
Free cash flow margin30.2%-1.4pp31.6%-5.0pp36.6%-3.8pp40.4%+0.8pp39.6%-1.4pp
Returns
Return on assets11.6%-0.7pp12.3%+0.4pp11.9%+0.5pp11.4%-0.5pp11.9%+0.1pp
Efficiency
Asset turnover0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×
Liquidity
Current ratio1.1×-0.1×1.2×-0.1×1.3×+0.3×-0.1×1.1×+0.1×
Quick ratio-0.1×1.2×-0.1×1.3×+0.3×-0.1×+0.1×
Cash ratio0.5×-0.2×0.7×+0.2×0.5×+0.1×0.5×-0.2×0.6×+0.1×
Leverage
Debt-to-assets0.0×0.0×0.0×0.0×0.0×
Valuation
Market capitalization$57.94B+6.7%$54.28B+6.6%$50.9B-3.8%$52.92B-3.3%$54.72B+12.2%
Enterprise value$56.7B+8.2%$52.42B+6.1%$49.41B-4.6%$51.8B-1.3%$52.47B+10.4%
Price / earnings12.2×+1.3×11×+0.5×10.5×-1.7×12.2×-0.1×12.2×+1.0×
Price / sales4.5×+0.3×4.2×+0.2×-0.4×4.4×-0.1×4.5×+0.4×
EV / sales4.4×+0.4×+0.2×3.9×-0.4×4.3×0.0×4.3×+0.3×
Free cash flow yield6.7%-0.8pp7.6%-1.7pp9.2%-0.1pp9.3%+0.5pp8.8%-1.2pp
Earnings yield8.2%-0.9pp9.1%-0.4pp9.5%+1.3pp8.2%0.0pp8.2%-0.8pp
PEG ratio2.1×+1.3×0.8×-0.2×-4.4×5.3×+4.3×0.0×

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Questions, answered.

Where do MPLX's ratios come from?
Every ratio is computed from MPLX's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.