MPLX Lp price to free cash flow MPLX
Market value divided by free cash flow over the last twelve months, since 2014.
- Today, Oct 23, 2026
- 18.0×
- 10-year median
- 10.4×
- Against its 10-year history
- 70th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 6.6× to 171×
- Peer median
- 21.4×
MPLX Lp's price to free cash flow is 18.0× as of Oct 23, 2026.
That is above its ten-year median of 10.4×, higher than on 70% of days in the last ten years.
Over that time it ranged from 6.6× in Oct 2020 to 171× in Mar 2017.
The median for 10 oil and gas pipeline stocks of a similar size is 21.4×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 18.0× | 11.5× | 18.2× |
| 2025 | 11.7× | 9.9× | 12.1× |
| 2024 | 10.2× | 8.6× | 11.1× |
| 2023 | 8.5× | 7.7× | 8.8× |
| 2022 | 7.8× | 6.6× | 8.1× |
| 2021 | 7.0× | 6.7× | 9.3× |
| 2020 | 8.2× | 6.6× | 18.6× |
| 2019 | 17.8× | 16.3× | 35.2× |
| 2018 | 29.7× | 29.7× | 74.7× |
| 2017 | 41.2× | 39.6× | 171× |
| 2016 | 21.7× | 16.9× | 32.2× |
| 2015 | 36.3× | 24.6× | 46.6× |
| 2014 | 30.6× | 27.8× | 39.6× |
Against its peers
Companies in Oil & Gas Midstream nearest MPLX Lp's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| MPLXMPLX Lp | 18.0× |
| OKEONEOK | 20.8× |
| LNGCheniere Energy | 22.1× |
| TRGPTarga Resources | 87.5× |
| ETEnergy Transfer | 13.2× |
| KMIKinder Morgan | 24.3× |
| EPDEnterprise Products Partners | 23.1× |
| WMBWilliams Companies | n/m |
| VGVenture Global | n/m |
| CQPCheniere Energy Partners | 11.5× |
| WESWestern Midstream Partners | 15.3× |
| Peer median | 21.4× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on MPLX Lp
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.