Last Price$54.30.6%
Market Cap$55.5B
LTM Return on Capital Employed (ROCE)
13.8%
5Y avg
9.7%
Oil & Gas Midstream industry
median
8.5%
Stock quality & Intrinsic value
8/10
0.3% undervalued
MPLX LP Return on Capital Employed (ROCE)
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Capital Employed (ROCE) | 0.0% | 10.5% | 11.5% | 12.5% | 16.4% | 2.5% | 3.3% | 7.0% | 12.5% | 6.7% | 2.8% | 8.3% | 11.2% | 14.6% |
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MPLX LP (MPLX) Return on Capital Employed (ROCE) comparison analysis
General
LTM Return on Capital Employed (ROCE)
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
MPLX LPMPLX
13.8%
1.3%
2.1%
36.8%
Median Peer Set
7.6%
(9.1%)
41.3%
16.2%
Western Midstream Partners, LPWES
14.0%
16.1%
58.6%
43.6%
Targa Resources Corp.TRGP
12.4%
2.0%
57.5%
7.8%
Enterprise Products Partners L.P.EPD
11.4%
(14.6%)
0.0%
11.1%
Pembina Pipeline CorporationPBA
8.5%
(24.3%)
(48.1%)
19.5%
Energy Transfer LPET
7.7%
5.2%
40.0%
5.8%
ONEOK, Inc.OKE
7.5%
(21.0%)
42.6%
15.0%
Kinder Morgan, Inc.KMI
6.0%
(1.5%)
11.3%
17.3%
Enbridge Inc.ENB
5.7%
(21.1%)
113.8%
14.2%
The Williams Companies, Inc.WMB
5.7%
(3.7%)
(30.3%)
21.2%
TC Energy CorporationTRP
4.9%
(15.0%)
63.8%
34.1%
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 Return on Capital Employed (ROCE)?
As of today, Microsoft Corp's last 12-month Return on Capital Employed (ROCE) is 13.8%, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual Return on Capital Employed (ROCE) for MPLX LP have been 12.3% over the past three years, and 10.1% over the past five years.
2) Is MPLX LP's Return on Capital Employed (ROCE) Good?
As of today, MPLX LP's Return on Capital Employed (ROCE) is 13.8%, which is higher than industry median of 8.5%. It indicates that MPLX LP's Return on Capital Employed (ROCE) is Good.