MPLX LP (MPLX) Financial Ratios: P/E, ROE & More

MPLX LP (MPLX) Financial Ratios

For fiscal 2025 (fiscal year ended Dec 31, 2025), MPLX LP had a P/E ratio of 11.06 (down from 11.39), return on equity of 34.7% (up from 31.6%), debt-to-equity of 1.80 (up from 1.53) and a current ratio of 1.23 (up from 1.01). A current ratio of 1.23 means current assets exceed current liabilities. Its dividend yield was 7.61% with a payout ratio of 81.9%.

MPLX LP Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Valuation Ratios
P/E Ratio	11.06	11.39	9.65	8.69	10.28	-
Forward P/E	12.06	11.11	9.37	9.75	9.85	8.39
P/S Ratio	4.59	4.39	3.47	2.96	3.11	2.65
P/B Ratio	3.74	3.48	2.71	2.44	2.32	1.61
Price/Tangible Book	13.08	9.01	8.85	9.84	11.13	6.35
Price/FCF	13.24	9.97	8.24	7.82	6.89	6.75
Price/OCF	9.19	8.20	6.81	6.56	6.14	4.98
PEG Ratio	30.66	2.77	2.34	3.25	3.28	2.39
Enterprise Value Ratios
EV/Revenue	6.67	6.24	5.47	4.93	5.23	5.32
EV/EBITDA	12.90	12.06	10.69	9.70	10.15	9.57
EV/EBIT	16.57	15.53	13.77	12.38	13.66	13.50
EV/FCF	19.23	14.18	12.99	13.04	11.58	13.54
Profitability & Returns
Return on Equity (ROE)	34.71%	31.58%	29.27%	29.99%	23.05%	-4.35%
Return on Assets (ROA)	7.39%	7.54%	7.29%	7.79%	6.45%	5.45%
Return on Invested Capital (ROIC)	13.12%	13.23%	12.52%	13.19%	10.89%	5.77%
Return on Capital Employed (ROCE)	12.00%	13.00%	12.40%	13.30%	11.50%	9.80%
Leverage & Solvency Ratios
Debt/Equity	1.80	1.53	1.54	1.50	1.58	1.48
Debt/EBITDA	4.17	3.63	3.76	3.50	4.00	4.24
Debt/FCF	6.38	4.38	4.69	4.82	4.68	6.19
Liquidity Ratios
Current Ratio	1.23	1.01	1.07	0.79	0.45	0.73
Quick Ratio	1.16	0.95	0.99	0.71	0.40	0.56
Efficiency Ratios
Asset Turnover	0.29	0.30	0.29	0.31	0.27	0.22
Inventory Turnover	29.10	28.34	30.34	34.63	32.56	28.74
Yield & Distribution Ratios
Earnings Yield	9.05%	8.85%	10.68%	11.97%	10.20%	-3.20%
FCF Yield	7.56%	10.03%	12.13%	12.79%	14.52%	14.82%
Dividend Yield	7.61%	7.54%	8.87%	8.99%	9.38%	20.09%
Payout Ratio	81.92%	83.46%	83.91%	77.26%	116.12%	-
Buyback Yield	-	-1.80%	0.89%	1.66%	2.28%	-15.88%
Total Return	7.61%	5.74%	9.76%	10.65%	11.66%	4.21%

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About MPLX LP Financial Ratios

What is MPLX LP's P/E ratio?

MPLX LP's P/E ratio was 11.06 for fiscal 2025 (period ended Dec 31, 2025). It was 11.39 a year earlier.

What is MPLX LP's return on equity?

MPLX LP's return on equity (ROE) was 34.7% for fiscal 2025 (period ended Dec 31, 2025). It was 31.6% a year earlier.

What is MPLX LP's debt-to-equity ratio?

MPLX LP's debt-to-equity ratio was 1.80 for fiscal 2025 (period ended Dec 31, 2025). It was 1.53 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition