MPLX LP (MPLX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MPLX - US55336V1008
55.65 USD
-0.21 (-0.38%)
We assign a fundamental rating of 6 out of 10 to MPLX. MPLX was compared to 209 industry peers in the Oil, Gas & Consumable Fuels industry. MPLX scores excellent on profitability, but there are some minor concerns on its financial health. MPLX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
MPLX had positive earnings in the past year.
MPLX had a positive operating cash flow in the past year.
MPLX had positive earnings in 4 of the past 5 years.
In the past 5 years MPLX always reported a positive cash flow from operatings.
1.2 Ratios
MPLX has a better Return On Assets (11.12%) than 91.87% of its industry peers.
MPLX's Return On Equity of 33.64% is amongst the best of the industry. MPLX outperforms 93.30% of its industry peers.
MPLX's Return On Invested Capital of 11.54% is amongst the best of the industry. MPLX outperforms 87.56% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MPLX is significantly below the industry average of 20.88%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.12% | ||
| ROE | 33.64% | ||
| ROIC | 11.54% |
ROA(3y)10.86%
ROA(5y)7.71%
ROE(3y)31.09%
ROE(5y)22.31%
ROIC(3y)11.77%
ROIC(5y)10.15%
1.3 Margins
Looking at the Profit Margin, with a value of 37.54%, MPLX belongs to the top of the industry, outperforming 92.34% of the companies in the same industry.
In the last couple of years the Profit Margin of MPLX has grown nicely.
The Operating Margin of MPLX (45.30%) is better than 90.43% of its industry peers.
MPLX's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 60.15%, MPLX is in the better half of the industry, outperforming 68.42% of the companies in the same industry.
In the last couple of years the Gross Margin of MPLX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 45.3% | ||
| PM (TTM) | 37.54% | ||
| GM | 60.15% |
OM growth 3Y3.27%
OM growth 5Y2.2%
PM growth 3Y7%
PM growth 5Y28.24%
GM growth 3Y1.12%
GM growth 5Y0.25%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MPLX is creating some value.
MPLX has more shares outstanding than it did 1 year ago.
MPLX has less shares outstanding than it did 5 years ago.
MPLX has a better debt/assets ratio than last year.
2.2 Solvency
MPLX has a debt to FCF ratio of 5.47. This is a neutral value as MPLX would need 5.47 years to pay back of all of its debts.
MPLX has a better Debt to FCF ratio (5.47) than 64.11% of its industry peers.
A Debt/Equity ratio of 1.69 is on the high side and indicates that MPLX has dependencies on debt financing.
The Debt to Equity ratio of MPLX (1.69) is worse than 77.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 5.47 | ||
| Altman-Z | N/A |
ROIC/WACC1.45
WACC7.98%
2.3 Liquidity
MPLX has a Current Ratio of 1.31. This is a normal value and indicates that MPLX is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of MPLX (1.31) is comparable to the rest of the industry.
A Quick Ratio of 1.26 indicates that MPLX should not have too much problems paying its short term obligations.
MPLX's Quick ratio of 1.26 is fine compared to the rest of the industry. MPLX outperforms 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 11.32% over the past year.
MPLX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.66% yearly.
Looking at the last year, MPLX shows a quite strong growth in Revenue. The Revenue has grown by 8.22% in the last year.
Measured over the past years, MPLX shows a small growth in Revenue. The Revenue has been growing by 5.71% on average per year.
EPS 1Y (TTM)11.32%
EPS 3Y13.76%
EPS 5Y12.66%
EPS Q2Q%50.5%
Revenue 1Y (TTM)8.22%
Revenue growth 3Y5.97%
Revenue growth 5Y5.71%
Sales Q2Q%21.77%
3.2 Future
MPLX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.87% yearly.
Based on estimates for the next years, MPLX will show a small growth in Revenue. The Revenue will grow by 4.33% on average per year.
EPS Next Y13.31%
EPS Next 2Y5.09%
EPS Next 3Y7.05%
EPS Next 5Y5.87%
Revenue Next Year8.81%
Revenue Next 2Y6.43%
Revenue Next 3Y6.32%
Revenue Next 5Y4.33%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 11.79, the valuation of MPLX can be described as very reasonable.
MPLX's Price/Earnings ratio is a bit cheaper when compared to the industry. MPLX is cheaper than 70.81% of the companies in the same industry.
MPLX is valuated cheaply when we compare the Price/Earnings ratio to 26.49, which is the current average of the S&P500 Index.
MPLX is valuated reasonably with a Price/Forward Earnings ratio of 11.97.
MPLX's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MPLX is cheaper than 66.51% of the companies in the same industry.
MPLX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.79 | ||
| Fwd PE | 11.97 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MPLX is on the same level as its industry peers.
MPLX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. MPLX is cheaper than 72.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.08 | ||
| EV/EBITDA | 11.33 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MPLX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.89
PEG (5Y)0.93
EPS Next 2Y5.09%
EPS Next 3Y7.05%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.71%, MPLX is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.71, MPLX pays a better dividend. On top of this MPLX pays more dividend than 82.30% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, MPLX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.71% |
5.2 History
The dividend of MPLX has a limited annual growth rate of 5.42%.
MPLX has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of MPLX decreased in the last 3 years.
Dividend Growth(5Y)5.42%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
MPLX pays out 81.29% of its income as dividend. This is not a sustainable payout ratio.
MPLX's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP81.29%
EPS Next 2Y5.09%
EPS Next 3Y7.05%
NYSE:MPLX (12/8/2025, 1:16:37 PM)
55.65
-0.21 (-0.38%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners20.95%
Inst Owner Change-7.76%
Ins Owners0.12%
Ins Owner Change0.47%
Market Cap56.60B
Revenue(TTM)12.81B
Net Income(TTM)4.81B
Analysts77
Price Target58.43 (5%)
Short Float %2.46%
Short Ratio5.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.71% |
Yearly Dividend3.57
Dividend Growth(5Y)5.42%
DP81.29%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)16.26%
Min EPS beat(2)-5.39%
Max EPS beat(2)37.9%
EPS beat(4)2
Avg EPS beat(4)7.97%
Min EPS beat(4)-5.39%
Max EPS beat(4)37.9%
EPS beat(8)4
Avg EPS beat(8)6.82%
EPS beat(12)6
Avg EPS beat(12)3.87%
EPS beat(16)9
Avg EPS beat(16)6.83%
Revenue beat(2)1
Avg Revenue beat(2)2.98%
Min Revenue beat(2)-6.21%
Max Revenue beat(2)12.18%
Revenue beat(4)1
Avg Revenue beat(4)0.32%
Min Revenue beat(4)-6.21%
Max Revenue beat(4)12.18%
Revenue beat(8)2
Avg Revenue beat(8)-1.93%
Revenue beat(12)4
Avg Revenue beat(12)-1.36%
Revenue beat(16)8
Avg Revenue beat(16)0.79%
PT rev (1m)0.63%
PT rev (3m)0.94%
EPS NQ rev (1m)-0.16%
EPS NQ rev (3m)-1.44%
EPS NY rev (1m)7.23%
EPS NY rev (3m)6.54%
Revenue NQ rev (1m)0.15%
Revenue NQ rev (3m)0.49%
Revenue NY rev (1m)2.89%
Revenue NY rev (3m)3.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.79 | ||
| Fwd PE | 11.97 | ||
| P/S | 4.42 | ||
| P/FCF | 12.08 | ||
| P/OCF | 9.3 | ||
| P/B | 3.96 | ||
| P/tB | 13.73 | ||
| EV/EBITDA | 11.33 |
EPS(TTM)4.72
EY8.48%
EPS(NY)4.65
Fwd EY8.36%
FCF(TTM)4.61
FCFY8.28%
OCF(TTM)5.99
OCFY10.76%
SpS12.59
BVpS14.06
TBVpS4.05
PEG (NY)0.89
PEG (5Y)0.93
Graham Number38.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.12% | ||
| ROE | 33.64% | ||
| ROCE | 14.61% | ||
| ROIC | 11.54% | ||
| ROICexc | 12.08% | ||
| ROICexgc | 16.5% | ||
| OM | 45.3% | ||
| PM (TTM) | 37.54% | ||
| GM | 60.15% | ||
| FCFM | 36.58% |
ROA(3y)10.86%
ROA(5y)7.71%
ROE(3y)31.09%
ROE(5y)22.31%
ROIC(3y)11.77%
ROIC(5y)10.15%
ROICexc(3y)12.11%
ROICexc(5y)10.36%
ROICexgc(3y)16.17%
ROICexgc(5y)13.88%
ROCE(3y)14.9%
ROCE(5y)12.85%
ROICexgc growth 3Y8.04%
ROICexgc growth 5Y10.46%
ROICexc growth 3Y8.76%
ROICexc growth 5Y11.46%
OM growth 3Y3.27%
OM growth 5Y2.2%
PM growth 3Y7%
PM growth 5Y28.24%
GM growth 3Y1.12%
GM growth 5Y0.25%
F-Score6
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | 5.47 | ||
| Debt/EBITDA | 3.39 | ||
| Cap/Depr | 106.21% | ||
| Cap/Sales | 10.95% | ||
| Interest Coverage | 6.3 | ||
| Cash Conversion | 85.47% | ||
| Profit Quality | 97.44% | ||
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.26 | ||
| Altman-Z | N/A |
F-Score6
WACC7.98%
ROIC/WACC1.45
Cap/Depr(3y)75.03%
Cap/Depr(5y)70.42%
Cap/Sales(3y)8.03%
Cap/Sales(5y)9%
Profit Quality(3y)113.71%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.32%
EPS 3Y13.76%
EPS 5Y12.66%
EPS Q2Q%50.5%
EPS Next Y13.31%
EPS Next 2Y5.09%
EPS Next 3Y7.05%
EPS Next 5Y5.87%
Revenue 1Y (TTM)8.22%
Revenue growth 3Y5.97%
Revenue growth 5Y5.71%
Sales Q2Q%21.77%
Revenue Next Year8.81%
Revenue Next 2Y6.43%
Revenue Next 3Y6.32%
Revenue Next 5Y4.33%
EBIT growth 1Y10.05%
EBIT growth 3Y9.44%
EBIT growth 5Y8.04%
EBIT Next Year33.12%
EBIT Next 3Y14.93%
EBIT Next 5Y10.1%
FCF growth 1Y7.9%
FCF growth 3Y3.72%
FCF growth 5Y23.91%
OCF growth 1Y15.39%
OCF growth 3Y6.58%
OCF growth 5Y7.81%
MPLX LP / MPLX FAQ
Can you provide the ChartMill fundamental rating for MPLX LP?
ChartMill assigns a fundamental rating of 6 / 10 to MPLX.
What is the valuation status for MPLX stock?
ChartMill assigns a valuation rating of 6 / 10 to MPLX LP (MPLX). This can be considered as Fairly Valued.
Can you provide the profitability details for MPLX LP?
MPLX LP (MPLX) has a profitability rating of 8 / 10.
What is the expected EPS growth for MPLX LP (MPLX) stock?
The Earnings per Share (EPS) of MPLX LP (MPLX) is expected to grow by 13.31% in the next year.
Is the dividend of MPLX LP sustainable?
The dividend rating of MPLX LP (MPLX) is 6 / 10 and the dividend payout ratio is 81.29%.