MPLX LP (MPLX) — Capital Reinvestment Ratio

Latest as of June 2026: 0.48x

MPLX LP (MPLX) has a Capital Reinvestment Ratio of 0.48x as of June 2026, meaning it reinvests 0% of its operating cash flow ($1.70 Billion) in capital expenditures ($825.00 Million). Check MPLX LP (MPLX) tangible net worth to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.48x
Capex / Operating Cash Flow

Operating Cash Flow

$1.70 Billion
USD

Capital Expenditures

$825.00 Million
USD

Data as of

Jun 2026
Most recent filing

MPLX LP Capital Reinvestment Ratio (2010–2025)

This chart tracks MPLX LP's Capital Reinvestment Ratio across 16 annual periods. For the full cash flow conversion analysis, see MPLX LP cash conversion from operations.

Annual Capital Reinvestment Ratio for MPLX LP (2010–2025)

Year-by-year Capital Reinvestment Ratio for MPLX LP from 2010 to 2025. See MPLX LP (MPLX) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2025 0.31x $5.91 Billion $1.81 Billion ▲ +72.3%
2024 0.18x $5.95 Billion $1.06 Billion ▲ +2.3%
2023 0.17x $5.40 Billion $937.00 Million ▲ +8.1%
2022 0.16x $5.02 Billion $806.00 Million ▲ +49.1%
2021 0.11x $4.91 Billion $529.00 Million ▼ -58.8%
2020 0.26x $4.52 Billion $1.18 Billion ▼ -55.6%
2019 0.59x $4.08 Billion $2.41 Billion ▼ -13.1%
2018 0.68x $2.83 Billion $1.92 Billion ▼ -8.2%
2017 0.74x $1.91 Billion $1.41 Billion ▼ -21.0%
2016 0.94x $1.29 Billion $1.21 Billion ▼ -15.2%
2015 1.10x $239.00 Million $264.00 Million ▲ +246.8%
2014 0.32x $246.80 Million $78.60 Million ▼ -36.5%
2013 0.50x $212.20 Million $106.50 Million ▼ -29.5%
2012 0.71x $190.60 Million $135.60 Million ▲ +159.9%
2011 0.27x $181.90 Million $49.80 Million ▲ +134.4%
2010 0.12x $117.30 Million $13.70 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow