MPLX LP (MPLX) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.48x

MPLX LP (MPLX) has a Cash Flow Reinvestment Rate of 0.48x as of June 2026, reinvesting $825.00 Million (capex $825.00 Million ) from operating cash flow of $1.70 Billion. See MPLX LP free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.48x
(Capex + Investments) / Operating CF

Total Reinvested

$825.00 Million
Capex + Investments

Operating Cash Flow

$1.70 Billion
USD

Capital Expenditures

$825.00 Million
USD

MPLX LP Cash Flow Reinvestment Rate (2010–2025)

Historical reinvestment intensity for MPLX LP across 16 annual periods. For the full cash flow conversion analysis, see MPLX cash flow metrics.

Annual Cash Flow Reinvestment Rate for MPLX LP (2010–2025)

Year-by-year capital reinvestment analysis for MPLX LP. See MPLX financial flexibility score to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.31x $1.81 Billion $5.91 Billion $1.81 Billion ▼ -40.4%
2024 0.51x $3.05 Billion $5.95 Billion $1.06 Billion ▲ +42.5%
2023 0.36x $1.94 Billion $5.40 Billion $937.00 Million ▲ +2.6%
2022 0.35x $1.76 Billion $5.02 Billion $806.00 Million ▲ +64.7%
2021 0.21x $1.05 Billion $4.91 Billion $529.00 Million ▼ -27.3%
2020 0.29x $1.33 Billion $4.52 Billion $1.18 Billion ▼ -61.3%
2019 0.76x $3.10 Billion $4.08 Billion $2.41 Billion ▼ -4.5%
2018 0.79x $2.24 Billion $2.83 Billion $1.92 Billion ▼ -26.7%
2017 1.08x $2.07 Billion $1.91 Billion $1.41 Billion ▲ +14.8%
2016 0.94x $1.22 Billion $1.29 Billion $1.21 Billion ▼ -18.8%
2015 1.16x $278.00 Million $239.00 Million $264.00 Million ▲ +210.0%
2014 0.38x $92.60 Million $246.80 Million $78.60 Million ▼ -25.2%
2013 0.50x $106.50 Million $212.20 Million $106.50 Million ▼ -73.2%
2012 1.87x $357.30 Million $190.60 Million $135.60 Million ▲ +584.7%
2011 0.27x $49.80 Million $181.90 Million $49.80 Million ▲ +134.4%
2010 0.12x $13.70 Million $117.30 Million $13.70 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow