Mplx LP MPLX
Natural Gas Distribution · IPO 2012 · data as of November 13, 2026
Mplx LP (MPLX) is a energy company listed in the US with a market value of about $58.0B. In the twelve months to September 30, 2026 it had revenue of $13.2B and net income of $4.3B, a net margin of 32.9%.
Its overall Stock Analiz score is 1.8 out of 5 (weak). The strongest part is value (4/5); the weakest is shareholder returns (0/5).
Key numbers: a P/E of 13.4, a price to free cash flow of 18.6, 5-year revenue growth of 11% a year. A discounted cash flow model with moderate assumptions puts its intrinsic value about 30% above the current price.
Score: 1.8 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- Profit margin improving
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- Positive free cash flow
Checks not passed
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- ROE above 15%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.2B | $13.0B | $11.9B | $11.3B | $11.6B | $10.0B | $7.6B | $9.0B | $7.0B | $3.9B | $3.0B |
| Net income | $4.3B | $4.9B | $4.3B | $3.9B | $3.9B | $3.1B | -$720M | $1.0B | $1.8B | $794M | $233M |
| Free cash flow | $3.1B | $4.1B | $4.9B | $4.5B | $4.2B | $4.4B | $3.3B | $1.7B | $960M | $496M | $178M |
| EPS (diluted) | $4.28 | $4.85 | — | — | — | — | — | — | — | — | — |
| Net margin | 32.9% | 37.8% | 35.9% | 34.8% | 34.0% | 30.7% | -9.5% | 11.4% | 25.9% | 20.5% | 7.7% |
| ROIC | — | — | — | — | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 13 analysts is $62.31, 9% above the current price; targets range from $54.00 to $73.00; the consensus rating is “Buy”; expected EPS is $4.31 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Mplx LP’s P/E ratio?
About 13.4, based on the last twelve months of diluted earnings per share (forward P/E about 12.3).
Is Mplx LP stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 30% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Mplx LP pay a dividend?
Yes. The dividend yield is about 8.53%.
Is Mplx LP a good stock to buy?
We do not give buy or sell advice. Mplx LP scores 1.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.