MPLX Lp PE ratio MPLX

Share price divided by earnings per share over the last twelve months, since 2015.

Today, Oct 23, 2026: 12.7×
10-year median: 12.1×
Against its 10-year history: 59th; percentile: 0 is its lowest day, 100 its highest
10-year range: 4.4× to 138×
Peer median: 16.5×

MPLX Lp's PE ratio is 12.7× as of Oct 23, 2026: a share price of $59.13 against $4.65 of earnings per share over the last twelve months.

That is above its ten-year median of 12.1×, close to the middle of its last ten years.

Over that time it ranged from 4.4× in Mar 2020 to 138× in Feb 2017.

The median for 10 oil and gas pipeline stocks of a similar size is 16.5×.

PE ratio over time

median 12.1×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	12.7×	11.2×	12.9×
2025	11.4×	10.9×	12.8×
2024	11.1×	9.8×	12.1×
2023	10.4×	8.5×	10.4×
2022	n/m a value too high to mean anything
2021	n/m a value too high to mean anything
2020	7.1×	4.4×	11.3×
2019	10.8×	9.9×	14.6×
2018	12.4×	12.4×	23.9×
2017	21.9×	21.1×	138×
2016	124×	8.8×	124×
2015	19.0×	14.7×	26.0×

Against its peers

Companies in Oil & Gas Midstream nearest MPLX Lp's size, closest first, today.

Company	PE ratio
MPLXMPLX Lp	12.7×
OKEONEOK	16.5×
LNGCheniere Energy	22.2×
TRGPTarga Resources	28.9×
ETEnergy Transfer	n/m
KMIKinder Morgan	22.1×
EPDEnterprise Products Partners	12.9×
WMBWilliams Companies	28.6×
VGVenture Global	11.0×
CQPCheniere Energy Partners	11.4×
WESWestern Midstream Partners	14.2×
Peer median	16.5×

Where MPLX Lp ranks

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on MPLX Lp

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.