Last Price$54.30.6%
Market Cap$55.5B
LTM Current ratio
N/A
5Y avg
0.8x
Oil & Gas Midstream industry
median
1.1x
Stock quality & Intrinsic value
8/10
0.3% undervalued
MPLX LP Current ratio
Annual
Quarterly
LTM
Industry median
Company stand-alone
Crunching data... Almost there!
| Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current ratio | 0.0x | 5.8x | 4.5x | 1.6x | 1.0x | 0.8x | 1.1x | 0.4x | 0.8x | 0.7x | 0.7x | 0.5x | 0.8x | 1.1x |
Overvalued or undervalued?
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MPLX LP (MPLX) Current ratio comparison analysis
General
LTM Current ratio
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
MPLX LPMPLX
N/A
1.3%
2.1%
36.8%
Median Peer Set
0.6x
(9.1%)
41.3%
16.2%
Energy Transfer LPET
1.1x
5.2%
40.0%
5.8%
Western Midstream Partners, LPWES
1.1x
16.1%
58.6%
43.6%
Enterprise Products Partners L.P.EPD
1.1x
(14.6%)
0.0%
11.1%
ONEOK, Inc.OKE
0.9x
(21.0%)
42.6%
15.0%
Targa Resources Corp.TRGP
0.7x
2.0%
57.5%
7.8%
TC Energy CorporationTRP
0.5x
(15.0%)
63.8%
34.1%
Pembina Pipeline CorporationPBA
0.5x
(24.3%)
(48.1%)
19.5%
The Williams Companies, Inc.WMB
0.5x
(3.7%)
(30.3%)
21.2%
Enbridge Inc.ENB
0.4x
(21.1%)
113.8%
14.2%
Kinder Morgan, Inc.KMI
0.0x
(1.5%)
11.3%
17.3%
MPLX key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 395.9 0.0% | 410.6 3.7% | 442.2 7.7% | 463.1 4.7% | 520.1 12.3% | 668.0 28.4% | 2,556.0 282.6% | 3,691.0 44.4% | 6,079.0 64.7% | 8,625.0 41.9% | 8,246.0 (4.4%) | 9,575.0 16.1% | 10,541.0 10.1% | 10,681.0 1.3% |
| Cost of Goods Sold (COGS) | 259.7 | 162.9 | 257.6 | 279.4 | 293.0 | 383.0 | 1,717.0 | 2,381.0 | 3,559.0 | 4,966.0 | 4,653.0 | 5,520.0 | 6,252.0 | 5,860.0 |
% margin | 136.2 34.4% | 247.7 60.3% | 184.6 41.7% | 183.7 39.7% | 227.1 43.7% | 285.0 42.7% | 839.0 32.8% | 1,310.0 35.5% | 2,520.0 41.5% | 3,659.0 42.4% | 3,593.0 43.6% | 4,055.0 42.3% | 4,289.0 40.7% | 4,821.0 45.1% |
| Operating Expenses | 32.8 | 115.7 | 41.1 | 36.7 | 43.8 | 79.0 | 129.0 | 197.0 | 257.0 | 375.0 | 244.0 | 342.0 | (146.0) | (337.0) |
| Research & Development Expenses (R&D) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Selling, General & Administrative Expenses (SG&A) | 30.3 | 67.5 | 49.8 | 53.7 | 64.8 | 104.0 | 193.0 | 241.0 | 291.0 | 388.0 | 378.0 | 353.0 | 335.0 | 379.0 |
% margin | 103.4 26.1% | 132.0 32.1% | 143.2 32.4% | 147.0 31.7% | 183.3 35.2% | 206.0 30.8% | 507.0 19.8% | 1,191.0 32.3% | 2,503.0 41.2% | 2,377.0 27.6% | 1,036.0 12.6% | 2,747.0 28.7% | 3,681.0 34.9% | 4,900.0 45.9% |
| Interest Income | 0.2 | 2.3 | 1.3 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 862.0 | 834.0 | 793.0 | 848.0 | 0.0 |
| Interest Expense | 0.0 | 0.2 | 0.2 | 0.2 | 4.1 | 35.0 | 211.0 | 354.0 | 661.0 | 915.0 | 896.0 | 879.0 | 925.0 | 923.0 |
| Pre-tax Income | 103.6 | 134.1 | 144.3 | 145.9 | 178.0 | 159.0 | 246.0 | 837.0 | 1,842.0 | 1,462.0 | (685.0) | 3,113.0 | 3,986.0 | 3,977.0 |
% effective tax rate | 0.3 0.3% | 0.1 0.1% | 0.3 0.2% | (0.2) (0.1%) | (0.1) (0.1%) | 2.0 1.3% | (12.0) (4.9%) | 1.0 0.1% | 8.0 0.4% | 380.0 26.0% | 2.0 (0.3%) | 1.0 0.0% | 8.0 0.2% | 11.0 0.3% |
% margin | 103.3 26.1% | 134.0 32.6% | 13.1 3.0% | 77.9 16.8% | 121.3 23.3% | 156.0 23.4% | 233.0 9.1% | 794.0 21.5% | 1,818.0 29.9% | 1,033.0 12.0% | (687.0) (8.3%) | 3,077.0 32.1% | 3,944.0 37.4% | 3,928.0 36.8% |
| EPS | 2.80 | 3.63 | 0.17 | 1.05 | 1.55 | 1.02 | 0.00 | 1.07 | 2.39 | 1.03 | (0.65) | 2.86 | 3.75 | 3.83 |
| Diluted EPS | 2.80 | 3.63 | 0.17 | 1.05 | 1.55 | 1.01 | 0.00 | 1.06 | 2.39 | 1.03 | (0.65) | 2.86 | 3.75 | 3.82 |
% margin | 156.2 39.5% | 170.6 41.5% | 183.8 41.6% | 196.2 42.4% | 320.0 61.5% | 537.0 80.4% | 1,477.0 57.8% | 1,874.0 50.8% | 3,348.0 55.1% | 4,552.0 52.8% | 4,726.0 57.3% | 5,000.0 52.2% | 5,665.0 53.7% | 6,113.0 57.2% |
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FAQ
1) What is MPLX LP's Current ratio?
As of today, Microsoft Corp's last 12-month Current ratio is N/A, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual Current ratio for MPLX LP have been 0.8x over the past three years, and 0.8x over the past five years.
2) Is MPLX LP's Current ratio Good?
As of today, MPLX LP's Current ratio is N/A, which is N/A than industry median of 1.1x. It indicates that MPLX LP's Current ratio is undefined.