MPLX LP Market Cap ($59.69 Billion)
Market Cap & Net Worth: MPLX LP (MPLX)
MPLX LP market cap. MPLX LP (NYSE:MPLX) has a market capitalization of $59.69 Billion ($59.69 Billion) as of November 1, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #457 globally and #236 in its home market, demonstrating a 3.40% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying MPLX LP's stock price $60.16 by its total outstanding shares 1014733719 (1.01 Billion). Also see MPLX LP (MPLX) cash conversion ratio for how efficiently the company converts equity into cash flow.
MPLX LP Market Cap History (2015–2026)
MPLX LP market cap history from 2015 to 2026. Data shows growth from $17.80 Billion to $61.05 Billion (12.09% CAGR). Check MPLX LP stock quote for real-time trading data and today's change.
MPLX LP Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how MPLX LP's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Explore MPLX year-over-year net asset growth to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
4.58x
MPLX LP's market cap is 4.58 times its annual revenue
Latest Price to Earnings (P/E) Ratio
11.03x
MPLX LP's market cap is 11.03 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $16.69 Billion | $3.01 Billion | $233.00 Million | 5.55x | 71.63x |
| 2017 | $18.19 Billion | $3.69 Billion | $794.00 Million | 4.93x | 22.91x |
| 2018 | $16.66 Billion | $6.08 Billion | $1.82 Billion | 2.74x | 9.16x |
| 2019 | $15.29 Billion | $8.63 Billion | $1.03 Billion | 1.77x | 14.80x |
| 2020 | $15.01 Billion | $8.40 Billion | -$720.00 Million | 1.79x | N/A |
| 2021 | $23.11 Billion | $9.57 Billion | $3.08 Billion | 2.41x | 7.51x |
| 2022 | $27.98 Billion | $10.54 Billion | $3.94 Billion | 2.65x | 7.10x |
| 2023 | $34.27 Billion | $10.43 Billion | $3.93 Billion | 3.28x | 8.72x |
| 2024 | $48.57 Billion | $10.90 Billion | $4.32 Billion | 4.45x | 11.25x |
| 2025 | $54.16 Billion | $11.82 Billion | $4.91 Billion | 4.58x | 11.03x |
Competitor Companies of MPLX by Market Capitalization
Companies near MPLX LP in the global market cap rankings as of November 1, 2026. Also see MPLX LP balance sheet assets for a full breakdown of the balance sheet.
Key companies related to MPLX LP by market ranking:
- Enbridge Inc (TO:ENB): Ranked #227 globally with a market cap of $109.19 Billion USD ( CA$150.94 Billion CAD).
- Williams Companies Inc (NYSE:WMB): Ranked #288 globally with a market cap of $90.72 Billion USD.
- Enterprise Products Partners LP (NYSE:EPD): Ranked #329 globally with a market cap of $82.04 Billion USD.
- Kinder Morgan Inc (NYSE:KMI): Ranked #415 globally with a market cap of $68.70 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #227 | Enbridge Inc | TO:ENB | $109.19 Billion | CA$69.11 |
| #288 | Williams Companies Inc | NYSE:WMB | $90.72 Billion | $74.35 |
| #329 | Enterprise Products Partners LP | NYSE:EPD | $82.04 Billion | $38.15 |
| #415 | Kinder Morgan Inc | NYSE:KMI | $68.70 Billion | $33.87 |
Market Capitalization of MPLX LP (2015–2026)
Market capitalization of MPLX LP from 2015 to today. Between 2015 and today, MPLX LP's market cap moved from $17.80 Billion to $ 61.05 Billion, with a yearly change of 12.09%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $61.05 Billion | +12.72% |
| 2025 | $54.16 Billion | +11.51% |
| 2024 | $48.57 Billion | +41.72% |
| 2023 | $34.27 Billion | +22.46% |
| 2022 | $27.98 Billion | +21.09% |
| 2021 | $23.11 Billion | +53.93% |
| 2020 | $15.01 Billion | -1.78% |
| 2019 | $15.29 Billion | -8.24% |
| 2018 | $16.66 Billion | -8.43% |
| 2017 | $18.19 Billion | +9.00% |
| 2016 | $16.69 Billion | -6.25% |
| 2015 | $17.80 Billion | -- |
End of Day Market Cap According to Different Sources
On Oct 31st, 2026 the market cap of MPLX LP was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $59.69 Billion USD |
| MoneyControl | $59.69 Billion USD |
| MarketWatch | $59.69 Billion USD |
| marketcap.company | $59.69 Billion USD |
| Reuters | $59.69 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About MPLX LP
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Crude Oil and Products Logistics; and Natural Gas and NGL Services. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, storage, and marketing of natural gas liquids; gathering, st… Read more