MPLX Lp

MPLXNYSEEnergy● Active

$56.48

+$0.16(+0.28%)

Market Cap$57.3B

P/E Ratio—

52W High$59.98

52W Low$47.8

Avg Volume2.0M

Open$56.13

Beta0.46

PE Ratio Market Cap Forecast

MPLX Lp (MPLX) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

mplx · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for MPLX Lp (MPLX) measures how much investors pay for each dollar of the company's trailing earnings. MPLX's current PE ratio of 12.23x is calculated by dividing its stock price of $56.48 by its TTM earnings per share of $4.62. +22.3% elevated vs 5Y avg 10.0x

12.23x

P/E Ratio (TTM)+22.3%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31

Forward P/E

11.70x

FY2027 est. EPS $4.83

Based on 7 analysts

EPS (TTM)

$4.62

TTM · diluted EPS

PEG Ratio

1.76

▸ Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · MPLX Lp SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2010 – 2025 · Annual

PE Ratio (TTM)

5Y Avg 10.0x

EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 15 fiscal years · Front-end computed

Average

30.4x

15-yr mean

Median

12.7x

15-yr midpoint

Minimum

7.5x

Lowest year

Maximum

176.2x

Highest year

12.2x ← Now

7.5x
MinQ1 · 25%12.7x
MedianQ3 · 75%176.2x
Max

Within Historical Range

At 12.23x, MPLX's current P/E is within its average historical range over the past 15 fiscal years.

47th percentileHigher than 7 of 15 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Oil & Gas Midstream · 6 peers · Annual PE

Company	Market Cap	PE (Annual)	vs Avg	EPS (TTM)
MPLX LpYou MPLX	$57.3B	12.23x	-17.9%	$4.62
Eni S.p.A. E	$79.2B	18.73x	+25.7%	$1.72
Enterprise Products Partners L.P. EPD	$81.8B	12.07x	-19.0%	$2.66
Energy Transfer LP ET	$66.7B	12.28x	-17.5%	$1.34
Imperial Oil Limited IMO	$60.5B	18.26x	+22.6%	$6.49
Kinder Morgan, Inc. KMI	$70.5B	20.01x	+34.4%	$1.37
Cheniere Energy, Inc. LNG	$50.0B	8.01x	-46.2%	$24.26
Industry Average 6 peers with valid PE	—	14.89x	baseline	—

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 16 years

Fiscal Year End	PE Ratio	EPS (TTM)	YoY Change
2025-12-31Latest FY2025	11.07x	$4.82	-1.7%
2024-12-31 FY2024	11.26x	$4.25	+20.4%
2023-12-31 FY2023	9.36x	$3.92	+11.3%
2022-12-31 FY2022	8.41x	$3.90	-14.8%
2021-12-31 FY2021	9.88x	$3.00	—
2020-12-31 FY2020	—	$-0.69	—
2019-12-31 FY2019	22.33x	$1.14	+76.1%
2018-12-31 FY2018	12.68x	$2.39	-26.3%
2017-12-31 FY2017	17.20x	$2.06	-65.0%
2016-12-31 FY2016	49.18x	$0.70	+101.1%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

PE Ratio = Stock Price ÷ EPS (TTM)

= $56.48 ÷ $4.62 = 12.23x

TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures

Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year

PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium

Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Price history Financial statements Earnings

Frequently asked questions

MPLX pe ratio · 6 questions

MPLX's current PE ratio is 12.23x as of 2026-06-08, based on a stock price of $56.48 and TTM EPS of $4.62. Data sourced from Financial Modeling Prep via MPLX's SEC 10-K and 10-Q filings.

MPLX PE ratioWhat is MPLX PE ratioCurrent PE ratio of MPLXMPLX PE ratio today

▸ Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · MPLX Lp SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08