MPLX LP (MPLX) — Free Cash Flow Generation Index

Latest as of June 2026: 0.52x

MPLX LP (MPLX) has a Free Cash Flow Generation Index of 0.52x as of June 2026. Free cash flow of $877.00 Million represents 1% of operating cash flow ($1.70 Billion). Explore MPLX capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.52x
Free Cash Flow / Operating CF

Free Cash Flow

$877.00 Million
USD

Operating Cash Flow

$1.70 Billion
USD

Capital Expenditures

$825.00 Million
USD

MPLX LP Free Cash Flow Generation Index (2010–2025)

Historical FCF Generation Index trend for MPLX LP across 16 annual periods. For the full cash flow conversion analysis, see MPLX operating cash flow.

Annual Free Cash Flow Generation for MPLX LP (2010–2025)

Year-by-year Free Cash Flow Generation Index for MPLX LP. Check MPLX LP cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.69x $4.10 Billion $5.91 Billion $1.81 Billion ▼ -15.6%
2024 0.82x $4.89 Billion $5.95 Billion $1.06 Billion ▼ -0.5%
2023 0.83x $4.46 Billion $5.40 Billion $937.00 Million ▼ -1.6%
2022 0.84x $4.21 Billion $5.02 Billion $806.00 Million ▼ -5.9%
2021 0.89x $4.38 Billion $4.91 Billion $529.00 Million ▲ +20.9%
2020 0.74x $3.34 Billion $4.52 Billion $1.18 Billion ▲ +80.0%
2019 0.41x $1.67 Billion $4.08 Billion $2.41 Billion ▲ +27.8%
2018 0.32x $907.00 Million $2.83 Billion $1.92 Billion ▲ +23.4%
2017 0.26x $496.00 Million $1.91 Billion $1.41 Billion ▲ +308.5%
2016 0.06x $82.00 Million $1.29 Billion $1.21 Billion ▲ +160.9%
2015 -0.10x $-25.00 Million $239.00 Million $264.00 Million ▼ -115.3%
2014 0.68x $168.20 Million $246.80 Million $78.60 Million ▲ +36.8%
2013 0.50x $105.70 Million $212.20 Million $106.50 Million ▲ +72.6%
2012 0.29x $55.00 Million $190.60 Million $135.60 Million ▼ -60.3%
2011 0.73x $132.10 Million $181.90 Million $49.80 Million ▼ -17.8%
2010 0.88x $103.60 Million $117.30 Million $13.70 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).