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MPLX MPLX Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin44.8%+0.6pp45.7%+1.4pp45.3%+0.4pp43.4%-0.8pp44.2%+0.8pp
Net margin36.7%0.0pp38.1%+1.6pp37.9%+0.9pp35.8%-0.3pp36.7%+1.6pp
Free cash flow margin30.2%-9.4pp31.6%-9.4pp36.6%-3.4pp40.4%+1.2pp39.6%+0.7pp
Returns
Return on assets11.6%-0.3pp12.3%+0.5pp11.9%+0.1pp11.4%0.0pp11.9%+0.8pp
Efficiency
Asset turnover0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×
Liquidity
Current ratio1.1×0.0×1.2×+0.2×1.3×+0.3×0.0×1.1×+0.4×
Quick ratio0.0×1.2×+0.2×1.3×+0.3×0.0×+0.4×
Cash ratio0.5×-0.1×0.7×+0.2×0.5×-0.1×0.5×-0.1×0.6×+0.5×
Leverage
Debt-to-assets0.0×0.0×0.0×0.0×0.0×
Valuation
Market capitalization$57.94B+5.9%$54.28B+11.3%$50.9B+12.4%$52.92B+23.3%$54.72B+30.6%
Enterprise value$56.7B+8.1%$52.42B+10.3%$49.41B+14.5%$51.8B+27.2%$52.47B+25.5%
Price / earnings12.2×0.0×11×-0.2×10.5×+0.1×12.2×+2.1×12.2×+1.7×
Price / sales4.5×0.0×4.2×+0.1×+0.1×4.4×+0.7×4.5×+0.8×
EV / sales4.4×+0.1×+0.1×3.9×+0.2×4.3×+0.8×4.3×+0.6×
Free cash flow yield6.7%-2.1pp7.6%-2.5pp9.2%-1.2pp9.3%-1.5pp8.8%-1.8pp
Earnings yield8.2%0.0pp9.1%+0.2pp9.5%-0.1pp8.2%-1.7pp8.2%-1.4pp
PEG ratio2.1×+1.1×0.8×-0.2×+0.5×5.3×+2.2×

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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.