Current Assets
Total Current Assets
MPLX Total Current Assets decreased by 11.8% to $3.52B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 22.1%, from $4.52B to $3.52B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 21.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.
Detailed definition
The sum of all assets that are reasonably expected to be converted into cash or consumed within one year. This aggregate...
Peer comparison
High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.
Metric ID:
total_current_assetsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '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 | $1.33B | $1.52B | $1.51B | $1.80B | $2.02B | $1.95B | $1.91B | $2.01B | $2.32B | $2.74B | $2.81B | $2.14B | $4.20B | $4.22B | $3.28B | $4.52B | $3.17B | $4.60B | $3.99B | $3.52B |
| QoQ Change | — | +13.8% | -0.6% | +19.3% | +12.2% | -3.3% | -2.4% | +5.6% | +15.4% | +17.9% | +2.6% | -23.8% | +96.2% | +0.5% | -22.3% | +38.0% | -29.8% | +44.8% | -13.1% | -11.8% |
| YoY Change | — | — | — | — | +51.5% | +28.7% | +26.4% | +11.9% | +15.0% | +40.2% | +47.4% | +6.3% | +80.8% | +54.2% | +16.7% | +111.4% | -24.4% | +8.9% | +21.9% | -22.1% |
Range$1.33B – $4.60B
CAGR+22.7%
Avg YoY Growth+29.7%
Median YoY Growth+24.2%
Current Streak2 quarters decline
Total Current Assets at Other Companies
Frequently Asked Questions
- What is MPLX's total current assets?
- MPLX (MPLX) reported total current assets of $3.52B in Q1 2026.
- How has MPLX's total current assets changed year-over-year?
- MPLX's total current assets decreased by 22.1% year-over-year, from $4.52B to $3.52B.
- What is the long-term trend for MPLX's total current assets?
- Over 5 years (2020 to 2025), MPLX's total current assets has grown at a 21.4% compound annual growth rate (CAGR), from $1.52B to $3.99B.
- What does total current assets mean?
- Everything the company owns that can be turned into cash within a single year.