MPLX Mplx PE ratio, current and historical analysis
The PE ratio for Mplx stock stands at 12.59 as of Feb 21, 2025. This is based on the current EPS of $4.24 and the stock price of $53.38 per share. An increase of 22% has been seen in the P/E ratio compared to the average of 10.3 of the last 4 quarters.
MPLX PE ratio history
Over the last ten years, the average PE ratio of Mplx has been 21.38. The current 12.59 PE ratio is 41% below the historical average. Over the past ten years, MPLX's PE ratio was at its highest in the Mar 2016 quarter at 76.13, with a price of $29.69 and an EPS of $0.39. The Sep 2022 quarter recorded the bottom point at 7.98, with a price of $30.01 and an EPS of $3.76.
Mplx PE ratio by year
Maximum annual increase: 92.44% in 2019
Maximum annual decrease: -75.52% in 2013
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 9.66 | 10.27% | $36.72 | $3.8 |
| 2022 | 8.76 | -15.36% | $32.84 | $3.75 |
| 2021 | 10.35 | N/A | $29.59 | $2.86 |
| 2020 | N/A | N/A | $21.65 | -$0.8 |
| 2019 | 25.46 | 92.44% | $25.46 | $1 |
| 2018 | 13.23 | -60.09% | $30.3 | $2.29 |
| 2017 | 33.15 | N/A | $35.47 | $1.07 |
| 2016 | N/A | N/A | $34.62 | $0 |
| 2015 | 31.98 | -32.55% | $39.33 | $1.23 |
| 2014 | 47.41 | 11.76% | $73.49 | $1.55 |
| 2013 | 42.42 | -75.52% | $44.54 | $1.05 |
| 2012 | 173.28 | N/A | $31.19 | $0.18 |
| 2011 | N/A | N/A | N/A | N/A |
| 2010 | N/A | N/A | N/A | N/A |
Mplx PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 10.49 | 1.45% | $44.46 | $4.24 |
| Jun 2024 | 10.34 | -3.45% | $42.59 | $4.12 |
| Mar 2024 | 10.71 | 10.87% | $41.56 | $3.88 |
| Dec 2023 | 9.66 | -5.2% | $36.72 | $3.8 |
| Sep 2023 | 10.19 | 18.9% | $35.57 | $3.49 |
| Jun 2023 | 8.57 | -3.49% | $33.94 | $3.96 |
| Mar 2023 | 8.88 | 1.37% | $34.45 | $3.88 |
| Dec 2022 | 8.76 | 9.77% | $32.84 | $3.75 |
| Sep 2022 | 7.98 | -14.01% | $30.01 | $3.76 |
| Jun 2022 | 9.28 | -16.92% | $29.15 | $3.14 |
| Mar 2022 | 11.17 | 7.92% | $33.18 | $2.97 |
| Dec 2021 | 10.35 | -1.52% | $29.59 | $2.86 |
| Sep 2021 | 10.51 | -8.45% | $28.47 | $2.71 |
| Jun 2021 | 11.48 | 12% | $29.61 | $2.58 |
| Mar 2021 | 10.25 | N/A | $25.63 | $2.5 |
MPLX average PE ratio chart
MPLX's current P/E ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.
MPLX PE vs peers
Compared to its peers PAA and DKL, MPLX's PE ratio stands lower, however it is higher than MPC's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MPC Marathon Petroleum Corp | 11.94 | $49.41B |
| MPLX Mplx Lp | 12.59 | $54.38B |
| DKL Delek Logistics Partners LP | 14.14 | $2.06B |
| PAA Plains All American Pipeline Lp | 18.12 | $14.41B |
Frequently asked questions
What is Mplx's PE ratio?
MPLX stock has a price to earnings ratio of 12.59 as of Feb 21, 2025.
What is the 3-year average PE ratio for Mplx (MPLX)?
The 3-year average PE ratio for MPLX stock is 9.64.
What is the 5-year average PE ratio for Mplx (MPLX)?
The 5-year average PE ratio for MPLX stock is 9.91.
What is the highest PE ratio for MPLX?
The highest quarterly PE ratio in the last ten years has been 76.13 and it was in the Mar 2016 quarter.
How does the current PE ratio for MPLX compare to its historical average?
MPLX's current price to earnings ratio is 41% below its 10-year historical average.
How is MPLX's PE ratio calculated (Mplx PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Feb 21, 2025), Mplx's stock price is $53.38. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.24. Therefore, Mplx's P/E ratio for today is 12.59. PE RATIO(12.59) = STOCK PRICE($53.38) / TTM EPS($4.24)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.