MPLX LP (MPLX) Stock Fundamental Analysis
USA - NYSE:MPLX - US55336V1008
51.7 USD
+0.5 (+0.98%)
Overall MPLX gets a fundamental rating of 5 out of 10. We evaluated MPLX against 210 industry peers in the Oil, Gas & Consumable Fuels industry. MPLX has an excellent profitability rating, but there are concerns on its financial health. MPLX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
MPLX had positive earnings in the past year.
In the past year MPLX had a positive cash flow from operations.
Of the past 5 years MPLX 4 years were profitable.
In the past 5 years MPLX always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 11.35%, MPLX belongs to the top of the industry, outperforming 90.95% of the companies in the same industry.
Looking at the Return On Equity, with a value of 31.09%, MPLX belongs to the top of the industry, outperforming 92.86% of the companies in the same industry.
MPLX's Return On Invested Capital of 11.99% is amongst the best of the industry. MPLX outperforms 86.19% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MPLX is significantly below the industry average of 21.78%.
The last Return On Invested Capital (11.99%) for MPLX is above the 3 year average (11.77%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.35% | ||
| ROE | 31.09% | ||
| ROIC | 11.99% |
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
The Profit Margin of MPLX (35.32%) is better than 90.48% of its industry peers.
In the last couple of years the Profit Margin of MPLX has grown nicely.
MPLX has a better Operating Margin (43.39%) than 88.57% of its industry peers.
MPLX's Operating Margin has improved in the last couple of years.
MPLX's Gross Margin of 58.64% is fine compared to the rest of the industry. MPLX outperforms 67.62% of its industry peers.
MPLX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 43.39% | ||
| PM (TTM) | 35.32% | ||
| GM | 58.64% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MPLX is still creating some value.
The number of shares outstanding for MPLX has been increased compared to 1 year ago.
MPLX has less shares outstanding than it did 5 years ago.
The debt/assets ratio for MPLX has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of MPLX is 4.32, which is a neutral value as it means it would take MPLX, 4.32 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.32, MPLX is in the better half of the industry, outperforming 67.14% of the companies in the same industry.
MPLX has a Debt/Equity ratio of 1.43. This is a high value indicating a heavy dependency on external financing.
MPLX has a worse Debt to Equity ratio (1.43) than 74.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 4.32 | ||
| Altman-Z | N/A |
ROIC/WACC1.53
WACC7.86%
2.3 Liquidity
A Current Ratio of 1.03 indicates that MPLX should not have too much problems paying its short term obligations.
The Current ratio of MPLX (1.03) is comparable to the rest of the industry.
A Quick Ratio of 0.97 indicates that MPLX may have some problems paying its short term obligations.
MPLX has a Quick ratio of 0.97. This is comparable to the rest of the industry: MPLX outperforms 52.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 11.32% over the past year.
Measured over the past years, MPLX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.66% on average per year.
Looking at the last year, MPLX shows a small growth in Revenue. The Revenue has grown by 5.78% 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)5.78%
Revenue growth 3Y5.97%
Revenue growth 5Y5.71%
Sales Q2Q%21.77%
3.2 Future
The Earnings Per Share is expected to grow by 6.42% on average over the next years.
Based on estimates for the next years, MPLX will show a small growth in Revenue. The Revenue will grow by 4.32% on average per year.
EPS Next Y5.67%
EPS Next 2Y5.87%
EPS Next 3Y6.61%
EPS Next 5Y6.42%
Revenue Next Year5.75%
Revenue Next 2Y5.72%
Revenue Next 3Y5.72%
Revenue Next 5Y4.32%
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
A Price/Earnings ratio of 10.95 indicates a reasonable valuation of MPLX.
71.43% of the companies in the same industry are more expensive than MPLX, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.03, MPLX is valued rather cheaply.
MPLX is valuated reasonably with a Price/Forward Earnings ratio of 10.96.
67.14% of the companies in the same industry are more expensive than MPLX, based on the Price/Forward Earnings ratio.
MPLX is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.27, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.95 | ||
| Fwd PE | 10.96 |
4.2 Price Multiples
MPLX's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, MPLX is valued a bit cheaper than 75.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.72 | ||
| EV/EBITDA | 10.96 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MPLX does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of MPLX may justify a higher PE ratio.
PEG (NY)1.93
PEG (5Y)0.87
EPS Next 2Y5.87%
EPS Next 3Y6.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.47%, MPLX is a good candidate for dividend investing.
MPLX's Dividend Yield is rather good when compared to the industry average which is at 6.82. MPLX pays more dividend than 82.86% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, MPLX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.47% |
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.
MPLX has decreased its dividend in the last 3 years.
Dividend Growth(5Y)5.42%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
88.62% of the earnings are spent on dividend by MPLX. This is not a sustainable payout ratio.
The dividend of MPLX is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP88.62%
EPS Next 2Y5.87%
EPS Next 3Y6.61%
NYSE:MPLX (11/5/2025, 3:39:50 PM)
51.7
+0.5 (+0.98%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners21.55%
Inst Owner Change-6.75%
Ins Owners0.15%
Ins Owner Change0.44%
Market Cap52.69B
Revenue(TTM)11.93B
Net Income(TTM)4.30B
Analysts77
Price Target58.06 (12.3%)
Short Float %2.01%
Short Ratio5.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.47% |
Yearly Dividend3.57
Dividend Growth(5Y)5.42%
DP88.62%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.55%
Min EPS beat(2)-5.39%
Max EPS beat(2)-1.71%
EPS beat(4)1
Avg EPS beat(4)-2.82%
Min EPS beat(4)-5.39%
Max EPS beat(4)1.07%
EPS beat(8)3
Avg EPS beat(8)1.24%
EPS beat(12)6
Avg EPS beat(12)5.76%
EPS beat(16)9
Avg EPS beat(16)4.52%
Revenue beat(2)0
Avg Revenue beat(2)-4.34%
Min Revenue beat(2)-6.21%
Max Revenue beat(2)-2.47%
Revenue beat(4)0
Avg Revenue beat(4)-4.16%
Min Revenue beat(4)-6.21%
Max Revenue beat(4)-2.2%
Revenue beat(8)2
Avg Revenue beat(8)-2.72%
Revenue beat(12)4
Avg Revenue beat(12)-2%
Revenue beat(16)8
Avg Revenue beat(16)0.36%
PT rev (1m)0.19%
PT rev (3m)1.21%
EPS NQ rev (1m)-0.69%
EPS NQ rev (3m)-6.66%
EPS NY rev (1m)-0.23%
EPS NY rev (3m)-2.45%
Revenue NQ rev (1m)0.34%
Revenue NQ rev (3m)-1.92%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)-2.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.95 | ||
| Fwd PE | 10.96 | ||
| P/S | 4.33 | ||
| P/FCF | 10.72 | ||
| P/OCF | 8.68 | ||
| P/B | 3.81 | ||
| P/tB | 9.28 | ||
| EV/EBITDA | 10.96 |
EPS(TTM)4.72
EY9.13%
EPS(NY)4.72
Fwd EY9.13%
FCF(TTM)4.82
FCFY9.33%
OCF(TTM)5.96
OCFY11.52%
SpS11.93
BVpS13.56
TBVpS5.57
PEG (NY)1.93
PEG (5Y)0.87
Graham Number37.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.35% | ||
| ROE | 31.09% | ||
| ROCE | 15.18% | ||
| ROIC | 11.99% | ||
| ROICexc | 12.49% | ||
| ROICexgc | 16.51% | ||
| OM | 43.39% | ||
| PM (TTM) | 35.32% | ||
| GM | 58.64% | ||
| FCFM | 40.42% |
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-Score7
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.43 | ||
| Debt/FCF | 4.32 | ||
| Debt/EBITDA | 3 | ||
| Cap/Depr | 89.2% | ||
| Cap/Sales | 9.51% | ||
| Interest Coverage | 5.58 | ||
| Cash Conversion | 92.38% | ||
| Profit Quality | 114.43% | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | N/A |
F-Score7
WACC7.86%
ROIC/WACC1.53
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 Y5.67%
EPS Next 2Y5.87%
EPS Next 3Y6.61%
EPS Next 5Y6.42%
Revenue 1Y (TTM)5.78%
Revenue growth 3Y5.97%
Revenue growth 5Y5.71%
Sales Q2Q%21.77%
Revenue Next Year5.75%
Revenue Next 2Y5.72%
Revenue Next 3Y5.72%
Revenue Next 5Y4.32%
EBIT growth 1Y1.19%
EBIT growth 3Y9.44%
EBIT growth 5Y8.04%
EBIT Next Year33.46%
EBIT Next 3Y14.72%
EBIT Next 5Y10.12%
FCF growth 1Y19.12%
FCF growth 3Y3.72%
FCF growth 5Y23.91%
OCF growth 1Y19.74%
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 5 / 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 5.67% 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 88.62%.