MPLX Lp (MPLX) Quarterly Balance Sheet

120+ quarters historyFree accessUpdated daily

MPLX Lp (MPLX) quarterly balance sheet — complete assets, liabilities & equity history

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21

Total Current Assets

3.52B

3.99B

4.59B

3.17B

4.52B

3.28B

4.22B

4.2B

2.14B

2.81B

2.74B

2.32B

2.01B

1.91B

1.95B

2.02B

1.8B

1.51B

1.52B

1.33B

Cash & Short-Term Investments

1.51B

2.14B

2.8B

1.39B

2.53B

1.52B

2.43B

2.5B

385M

1.05B

960M

755M

393M

238M

121M

298M

42M

13M

39M

Cash Only

1.51B

2.14B

1.76B

1.39B

2.53B

1.52B

2.43B

2.5B

385M

1.05B

960M

755M

393M

238M

121M

298M

42M

13M

39M

Short-Term Investments

1.03B

Accounts Receivable

1.77B

1.64B

1.57B

1.55B

1.75B

1.54B

1.57B

1.48B

1.53B

1.56B

1.57B

1.37B

1.41B

1.48B

1.64B

1.52B

1.57B

1.32B

1.27B

1.15B

Days Sales Outstanding

50.6

47.69

39.7

53.94

51.34

50.47

50.61

50.99

53.96

53.93

49.97

50.75

57.37

52.98

50.28

51.95

45.8

45.6

46.33

Inventory

178M

172M

175M

192M

186M

180M

171M

168M

163M

159M

154M

146M

141M

148M

151M

157M

149M

142M

141M

126M

Days Inventory Outstanding

39.18

9.78

11.91

10.95

10.21

10.19

10.01

10.09

9.84

8.56

9.34

9.3

9.19

8.81

8.15

9.11

8.32

8.73

8.88

Other Current Assets

46M

37M

40M

27M

30M

28M

35M

31M

42M

34M

36M

51M

35M

27M

34M

19M

32M

56M

32M

Total Non-Current Assets

39.41B

39.01B

38.63B

34.67B

34.45B

34.23B

34.3B

34.21B

34.32B

33.72B

33.38B

33.55B

33.66B

33.76B

33.86B

33.77B

33.93B

34B

34.18B

34.44B

Property, Plant & Equipment

22.5B

22.21B

21.62B

19.69B

19.66B

19.65B

19.69B

19.82B

19.75B

19.12B

19.2B

19.26B

19.36B

19.43B

20.3B

20.42B

20.54B

20.67B

20.88B

Fixed Asset Turnover

0.14x

0.18x

0.14x

0.15x

0.14x

0.13x

0.14x

0.13x

0.14x

0.12x

0.13x

0.12x

0.11x

Goodwill

8.74B

8.76B

8.73B

7.64B

7.66B

Intangible Assets

1.36B

1.4B

1.44B

497M

529M

518M

551M

585M

618M

654M

609M

641M

673M

705M

736M

768M

800M

831M

864M

896M

Long-Term Investments

5.37B

5.26B

4.79B

5.61B

5.41B

5.24B

5.29B

5.17B

5.13B

4.55B

4.93B

4.99B

5.03B

5.02B

4.95B

4.94B

4.91B

4.93B

4.95B

Other Non-Current Assets

1.45B

1.39B

2.04B

1.23B

1.21B

1.18B

1.16B

1.12B

1.11B

1.12B

1.08B

1.07B

1.05B

1.03B

113M

114M

60M

61M

62M

Total Assets

42.93B

43.01B

43.23B

37.84B

38.97B

37.51B

38.52B

38.4B

36.46B

36.53B

36.12B

35.87B

35.67B

35.66B

35.81B

35.79B

35.73B

35.51B

35.7B

35.77B

Asset Turnover

0.07x

0.09x

0.07x

0.08x

0.07x

0.08x

0.07x

0.08x

0.07x

0.06x

Asset Growth %

10.16%

14.65%

12.23%

-1.46%

6.89%

2.69%

6.63%

7.05%

2.21%

2.42%

0.86%

0.24%

-0.15%

0.45%

0.32%

0.04%

-0.84%

-2.49%

-2.63%

-3.37%

Total Current Liabilities

3.19B

3.25B

3.5B

3.07B

4.17B

3.23B

4.27B

4.23B

2.96B

2.62B

1.4B

1.32B

1.31B

2.4B

2.5B

2.74B

2.86B

3.35B

2.72B

1.73B

Accounts Payable

126M

108M

131M

149M

145M

147M

120M

127M

132M

153M

132M

128M

139M

224M

289M

681M

214M

172M

1.75B

847M

Days Payables Outstanding

26.19

6.74

9.08

8.52

8.15

7.75

7.29

7.89

8.93

8.96

7.42

8.69

11.68

15.76

27.73

23.84

12.08

56.61

85.04

42.74

Short-Term Debt

1.31B

1.56B

1.5B

1.55B

2.75B

1.74B

2.89B

2.88B

1.69B

1.18B

50M

51M

47M

1.04B

1.03B

1.05B

1.37B

561M

63M

65M

Deferred Revenue (Current)

96M

107M

118M

113M

109M

106M

89M

88M

89M

81M

74M

81M

87M

80M

72M

73M

80M

77M

92M

91M

Other Current Liabilities

1.66B

1.48B

1.21B

1.17B

1.24B

1.17B

1.13B

1.05B

1.21B

1.14B

1.06B

1.04B

1.06B

1.11B

941M

1.19B

2.54B

812M

724M

Current Ratio

1.10x

1.23x

1.31x

1.03x

1.08x

1.01x

0.99x

0.72x

1.07x

1.96x

1.76x

1.53x

0.79x

0.78x

0.74x

0.63x

0.45x

0.56x

0.77x

Quick Ratio

1.05x

1.18x

1.26x

0.97x

1.04x

0.96x

0.95x

0.67x

1.01x

1.85x

1.65x

1.43x

0.73x

0.72x

0.68x

0.58x

0.41x

0.51x

0.70x

Cash Conversion Cycle

63.58

50.74

42.52

56.37

53.41

52.91

53.32

53.19

55.12

54.81

51.11

51.4

48.62

50.79

34.05

34.59

48.97

-2.49

-30.7

12.48

Total Non-Current Liabilities

25.44B

25.23B

25.2B

20.72B

20.73B

20.27B

20.3B

19.85B

20.32B

21.41B

21.37B

21.31B

19.75B

19.67B

19.94B

19.87B

19.14B

19.3B

20.28B

Long-Term Debt

24.38B

24.15B

24.14B

19.73B

19.72B

19.25B

18.8B

19.29B

20.42B

20.41B

20.39B

18.8B

18.77B

18.76B

18.07B

18.25B

19.23B

Capital Lease Obligations

445M

454M

442M

440M

449M

446M

442M

450M

456M

442M

445M

454M

448M

465M

468M

478M

456M

440M

448M

461M

Deferred Tax Liabilities

25M

20M

18M

16M

12M

13M

14M

10M

11M

Other Non-Current Liabilities

338M

352M

356M

124M

128M

125M

137M

141M

133M

126M

119M

113M

114M

142M

130M

167M

159M

170M

155M

151M

Total Liabilities

28.64B

28.48B

28.7B

23.79B

24.9B

23.5B

24.53B

24.52B

22.81B

22.95B

22.8B

22.68B

22.62B

22.15B

22.17B

22.68B

22.73B

22.49B

22.02B

22.01B

Total Debt

26.13B

26.16B

26.09B

21.71B

22.91B

21.44B

22.58B

22.57B

20.95B

20.91B

20.89B

20.3B

20.29B

20.3B

20.58B

19.07B

18.76B

19.76B

Net Debt

24.63B

24.02B

24.32B

20.33B

20.38B

19.92B

20.15B

20.07B

20.57B

19.87B

19.95B

20.16B

20.5B

20.06B

20.17B

20B

20.54B

19.05B

18.73B

19.75B

Debt / Equity

1.83x

1.80x

1.55x

1.63x

1.53x

1.61x

1.63x

1.54x

1.57x

1.59x

1.60x

1.50x

1.49x

1.55x

1.58x

1.46x

1.37x

1.44x

Debt / EBITDA

16.62x

15.54x

12.15x

13.43x

13.54x

12.86x

14.14x

12.98x

13.36x

12.44x

14.37x

14.08x

14.00x

14.87x

10.27x

14.22x

14.99x

13.90x

13.85x

15.82x

Net Debt / EBITDA

15.67x

14.28x

11.33x

12.57x

12.05x

11.95x

12.62x

11.54x

13.12x

11.82x

13.71x

13.57x

13.74x

14.70x

10.21x

14.02x

14.96x

13.89x

13.82x

15.81x

Interest Coverage

5.35x

7.02x

5.19x

5.84x

5.62x

5.26x

6.15x

5.28x

6.20x

5.12x

5.01x

4.92x

4.45x

7.01x

4.71x

4.68x

4.76x

4.59x

4.22x

Total Equity

14.3B

14.53B

14.52B

14.05B

14.07B

14.01B

13.98B

13.89B

13.65B

13.58B

13.32B

13.19B

13.05B

13.51B

13.64B

13.11B

13B

13.02B

13.68B

13.76B

Equity Growth %

1.63%

3.7%

3.88%

1.17%

3.08%

3.14%

5.28%

4.59%

0.52%

-2.4%

0.61%

0.36%

3.82%

-0.24%

-4.75%

-5.91%

-6.92%

-2.75%

-3.28%

Book Value per Share

14.06

14.29

14.25

13.77

13.79

13.75

13.71

13.61

13.54

13.30

13.18

13.03

13.47

13.49

12.95

12.81

12.77

13.34

13.38

Total Shareholders' Equity

14.07B

14.3B

13.82B

13.84B

13.78B

13.75B

13.65B

13.41B

13.35B

13.08B

12.95B

12.81B

13.48B

13.4B

12.87B

12.76B

12.78B

13.43B

13.52B

Common Stock

14.07B

14.3B

14.29B

13.81B

13.83B

13.58B

13.55B

13.45B

12.86B

12.46B

12.11B

11.99B

11.85B

11.71B

11.85B

11.3B

11.2B

11.22B

11.86B

11.96B

Retained Earnings

Treasury Stock

Accumulated OCI

-3M

-4M

-8M

-17M

Minority Interest

226M

227M

228M

229M

230M

231M

232M

233M

234M

235M

236M

237M

34M

238M

239M

240M

241M

243M

MPLX Lp (MPLX) Quarterly Balance Sheet

120+ quarters historyFree accessUpdated daily

MPLX Lp (MPLX) quarterly balance sheet — complete assets, liabilities & equity history

Annual Quarterly

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21

Total Current Assets

3.52B

3.99B

4.59B

3.17B

4.52B

3.28B

4.22B

4.2B

2.14B

2.81B

2.74B

2.32B

2.01B

1.91B

1.95B

2.02B

1.8B

1.51B

1.52B

1.33B

Cash & Short-Term Investments

1.51B

2.14B

2.8B

1.39B

2.53B

1.52B

2.43B

2.5B

385M

1.05B

960M

755M

393M

238M

121M

298M

42M

13M

39M

Cash Only

1.51B

2.14B

1.76B

1.39B

2.53B

1.52B

2.43B

2.5B

385M

1.05B

960M

755M

393M

238M

121M

298M

42M

13M

39M

Short-Term Investments

1.03B

Accounts Receivable

1.77B

1.64B

1.57B

1.55B

1.75B

1.54B

1.57B

1.48B

1.53B

1.56B

1.57B

1.37B

1.41B

1.48B

1.64B

1.52B

1.57B

1.32B

1.27B

1.15B

Days Sales Outstanding

50.6

47.69

39.7

53.94

51.34

50.47

50.61

50.99

53.96

53.93

49.97

50.75

57.37

52.98

50.28

51.95

45.8

45.6

46.33

Inventory

178M

172M

175M

192M

186M

180M

171M

168M

163M

159M

154M

146M

141M

148M

151M

157M

149M

142M

141M

126M

Days Inventory Outstanding

39.18

9.78

11.91

10.95

10.21

10.19

10.01

10.09

9.84

8.56

9.34

9.3

9.19

8.81

8.15

9.11

8.32

8.73

8.88

Other Current Assets

46M

37M

40M

27M

30M

28M

35M

31M

42M

34M

36M

51M

35M

27M

34M

19M

32M

56M

32M

Total Non-Current Assets

39.41B

39.01B

38.63B

34.67B

34.45B

34.23B

34.3B

34.21B

34.32B

33.72B

33.38B

33.55B

33.66B

33.76B

33.86B

33.77B

33.93B

34B

34.18B

34.44B

Property, Plant & Equipment

22.5B

22.21B

21.62B

19.69B

19.66B

19.65B

19.69B

19.82B

19.75B

19.12B

19.2B

19.26B

19.36B

19.43B

20.3B

20.42B

20.54B

20.67B

20.88B

Fixed Asset Turnover

0.14x

0.18x

0.14x

0.15x

0.14x

0.13x

0.14x

0.13x

0.14x

0.12x

0.13x

0.12x

0.11x

Goodwill

8.74B

8.76B

8.73B

7.64B

7.66B

Intangible Assets

1.36B

1.4B

1.44B

497M

529M

518M

551M

585M

618M

654M

609M

641M

673M

705M

736M

768M

800M

831M

864M

896M

Long-Term Investments

5.37B

5.26B

4.79B

5.61B

5.41B

5.24B

5.29B

5.17B

5.13B

4.55B

4.93B

4.99B

5.03B

5.02B

4.95B

4.94B

4.91B

4.93B

4.95B

Other Non-Current Assets

1.45B

1.39B

2.04B

1.23B

1.21B

1.18B

1.16B

1.12B

1.11B

1.12B

1.08B

1.07B

1.05B

1.03B

113M

114M

60M

61M

62M

Total Assets

42.93B

43.01B

43.23B

37.84B

38.97B

37.51B

38.52B

38.4B

36.46B

36.53B

36.12B

35.87B

35.67B

35.66B

35.81B

35.79B

35.73B

35.51B

35.7B

35.77B

Asset Turnover

0.07x

0.09x

0.07x

0.08x

0.07x

0.08x

0.07x

0.08x

0.07x

0.06x

Asset Growth %

10.16%

14.65%

12.23%

-1.46%

6.89%

2.69%

6.63%

7.05%

2.21%

2.42%

0.86%

0.24%

-0.15%

0.45%

0.32%

0.04%

-0.84%

-2.49%

-2.63%

-3.37%

Total Current Liabilities

3.19B

3.25B

3.5B

3.07B

4.17B

3.23B

4.27B

4.23B

2.96B

2.62B

1.4B

1.32B

1.31B

2.4B

2.5B

2.74B

2.86B

3.35B

2.72B

1.73B

Accounts Payable

126M

108M

131M

149M

145M

147M

120M

127M

132M

153M

132M

128M

139M

224M

289M

681M

214M

172M

1.75B

847M

Days Payables Outstanding

26.19

6.74

9.08

8.52

8.15

7.75

7.29

7.89

8.93

8.96

7.42

8.69

11.68

15.76

27.73

23.84

12.08

56.61

85.04

42.74

Short-Term Debt

1.31B

1.56B

1.5B

1.55B

2.75B

1.74B

2.89B

2.88B

1.69B

1.18B

50M

51M

47M

1.04B

1.03B

1.05B

1.37B

561M

63M

65M

Deferred Revenue (Current)

96M

107M

118M

113M

109M

106M

89M

88M

89M

81M

74M

81M

87M

80M

72M

73M

80M

77M

92M

91M

Other Current Liabilities

1.66B

1.48B

1.21B

1.17B

1.24B

1.17B

1.13B

1.05B

1.21B

1.14B

1.06B

1.04B

1.06B

1.11B

941M

1.19B

2.54B

812M

724M

Current Ratio

1.10x

1.23x

1.31x

1.03x

1.08x

1.01x

0.99x

0.72x

1.07x

1.96x

1.76x

1.53x

0.79x

0.78x

0.74x

0.63x

0.45x

0.56x

0.77x

Quick Ratio

1.05x

1.18x

1.26x

0.97x

1.04x

0.96x

0.95x

0.67x

1.01x

1.85x

1.65x

1.43x

0.73x

0.72x

0.68x

0.58x

0.41x

0.51x

0.70x

Cash Conversion Cycle

63.58

50.74

42.52

56.37

53.41

52.91

53.32

53.19

55.12

54.81

51.11

51.4

48.62

50.79

34.05

34.59

48.97

-2.49

-30.7

12.48

Total Non-Current Liabilities

25.44B

25.23B

25.2B

20.72B

20.73B

20.27B

20.3B

19.85B

20.32B

21.41B

21.37B

21.31B

19.75B

19.67B

19.94B

19.87B

19.14B

19.3B

20.28B

Long-Term Debt

24.38B

24.15B

24.14B

19.73B

19.72B

19.25B

18.8B

19.29B

20.42B

20.41B

20.39B

18.8B

18.77B

18.76B

18.07B

18.25B

19.23B

Capital Lease Obligations

445M

454M

442M

440M

449M

446M

442M

450M

456M

442M

445M

454M

448M

465M

468M

478M

456M

440M

448M

461M

Deferred Tax Liabilities

25M

20M

18M

16M

12M

13M

14M

10M

11M

Other Non-Current Liabilities

338M

352M

356M

124M

128M

125M

137M

141M

133M

126M

119M

113M

114M

142M

130M

167M

159M

170M

155M

151M

Total Liabilities

28.64B

28.48B

28.7B

23.79B

24.9B

23.5B

24.53B

24.52B

22.81B

22.95B

22.8B

22.68B

22.62B

22.15B

22.17B

22.68B

22.73B

22.49B

22.02B

22.01B

Total Debt

26.13B

26.16B

26.09B

21.71B

22.91B

21.44B

22.58B

22.57B

20.95B

20.91B

20.89B

20.3B

20.29B

20.3B

20.58B

19.07B

18.76B

19.76B

Net Debt

24.63B

24.02B

24.32B

20.33B

20.38B

19.92B

20.15B

20.07B

20.57B

19.87B

19.95B

20.16B

20.5B

20.06B

20.17B

20B

20.54B

19.05B

18.73B

19.75B

Debt / Equity

1.83x

1.80x

1.55x

1.63x

1.53x

1.61x

1.63x

1.54x

1.57x

1.59x

1.60x

1.50x

1.49x

1.55x

1.58x

1.46x

1.37x

1.44x

Debt / EBITDA

16.62x

15.54x

12.15x

13.43x

13.54x

12.86x

14.14x

12.98x

13.36x

12.44x

14.37x

14.08x

14.00x

14.87x

10.27x

14.22x

14.99x

13.90x

13.85x

15.82x

Net Debt / EBITDA

15.67x

14.28x

11.33x

12.57x

12.05x

11.95x

12.62x

11.54x

13.12x

11.82x

13.71x

13.57x

13.74x

14.70x

10.21x

14.02x

14.96x

13.89x

13.82x

15.81x

Interest Coverage

5.35x

7.02x

5.19x

5.84x

5.62x

5.26x

6.15x

5.28x

6.20x

5.12x

5.01x

4.92x

4.45x

7.01x

4.71x

4.68x

4.76x

4.59x

4.22x

Total Equity

14.3B

14.53B

14.52B

14.05B

14.07B

14.01B

13.98B

13.89B

13.65B

13.58B

13.32B

13.19B

13.05B

13.51B

13.64B

13.11B

13B

13.02B

13.68B

13.76B

Equity Growth %

1.63%

3.7%

3.88%

1.17%

3.08%

3.14%

5.28%

4.59%

0.52%

-2.4%

0.61%

0.36%

3.82%

-0.24%

-4.75%

-5.91%

-6.92%

-2.75%

-3.28%

Book Value per Share

14.06

14.29

14.25

13.77

13.79

13.75

13.71

13.61

13.54

13.30

13.18

13.03

13.47

13.49

12.95

12.81

12.77

13.34

13.38

Total Shareholders' Equity

14.07B

14.3B

13.82B

13.84B

13.78B

13.75B

13.65B

13.41B

13.35B

13.08B

12.95B

12.81B

13.48B

13.4B

12.87B

12.76B

12.78B

13.43B

13.52B

Common Stock

14.07B

14.3B

14.29B

13.81B

13.83B

13.58B

13.55B

13.45B

12.86B

12.46B

12.11B

11.99B

11.85B

11.71B

11.85B

11.3B

11.2B

11.22B

11.86B

11.96B

Retained Earnings

Treasury Stock

Accumulated OCI

-3M

-4M

-8M

-17M

Minority Interest

226M

227M

228M

229M

230M

231M

232M

233M

234M

235M

236M

237M

34M

238M

239M

240M

241M

243M

MPLX Balance Sheet

MPLX Balance Sheet