MPLX LP Capital Reinvestment Ratio

Latest as of June 2026: 0.48x

MPLX LP capital reinvestment ratio. 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). See MPLX LP free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

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

Capital Reinvestment Ratio of MPLX LP (2010–2025)

Capital reinvestment ratio of MPLX LP from 2010 to 2025. This chart tracks MPLX LP's Capital Reinvestment Ratio across 16 annual periods. See financial flexibility index of MPLX LP to measure the company's free cash flow as a share of total liabilities.

MPLX LP Capital Reinvestment Ratio by Year (2010–2025)

MPLX LP capital reinvestment ratio by year from 2010 to 2025. For the full cash flow conversion analysis, see MPLX cash flow metrics.

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