MPLX LP (NYSE:MPLX) — Market Cap & Net Worth
Market Cap & Net Worth: MPLX LP (MPLX)
MPLX LP (NYSE:MPLX) has a market capitalization of $57.46 Billion ($57.46 Billion) as of May 2, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #451 globally and #230 in its home market, demonstrating a 1.80% 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 $56.61 by its total outstanding shares 1015000000 (1.01 Billion). Analyse MPLX LP cash conversion from operations to see how efficiently the company converts income to cash.
MPLX LP Market Cap History: 2015 to 2026
MPLX LP's market capitalization history from 2015 to 2026. Data shows growth from $17.81 Billion to $57.46 Billion (12.05% CAGR).
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.
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 | $16.70 Billion | $3.01 Billion | $233.00 Million | 5.55x | 71.65x |
| 2017 | $18.20 Billion | $3.69 Billion | $794.00 Million | 4.93x | 22.92x |
| 2018 | $16.66 Billion | $6.08 Billion | $1.82 Billion | 2.74x | 9.17x |
| 2019 | $15.29 Billion | $8.63 Billion | $1.03 Billion | 1.77x | 14.80x |
| 2020 | $15.02 Billion | $8.40 Billion | -$720.00 Million | 1.79x | N/A |
| 2021 | $23.12 Billion | $9.57 Billion | $3.08 Billion | 2.41x | 7.51x |
| 2022 | $27.99 Billion | $10.54 Billion | $3.94 Billion | 2.66x | 7.10x |
| 2023 | $34.28 Billion | $10.43 Billion | $3.93 Billion | 3.29x | 8.73x |
| 2024 | $48.58 Billion | $10.90 Billion | $4.32 Billion | 4.46x | 11.25x |
| 2025 | $54.17 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 May 2, 2026.
Key companies related to MPLX LP by market ranking:
- Enbridge Inc (TO:ENB): Ranked #198 globally with a market cap of $117.71 Billion USD ( CA$162.72 Billion CAD).
- Williams Companies Inc (NYSE:WMB): Ranked #288 globally with a market cap of $89.05 Billion USD.
- Enterprise Products Partners LP (NYSE:EPD): Ranked #328 globally with a market cap of $79.38 Billion USD.
- Kinder Morgan Inc (NYSE:KMI): Ranked #387 globally with a market cap of $68.95 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #198 | Enbridge Inc | TO:ENB | $117.71 Billion | CA$74.58 |
| #288 | Williams Companies Inc | NYSE:WMB | $89.05 Billion | $75.54 |
| #328 | Enterprise Products Partners LP | NYSE:EPD | $79.38 Billion | $38.03 |
| #387 | Kinder Morgan Inc | NYSE:KMI | $68.95 Billion | $32.53 |
MPLX LP Historical Marketcap From 2015 to 2026
Between 2015 and today, MPLX LP's market cap moved from $17.81 Billion to $ 57.46 Billion, with a yearly change of 12.05%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $57.46 Billion | +6.07% |
| 2025 | $54.17 Billion | +11.51% |
| 2024 | $48.58 Billion | +41.72% |
| 2023 | $34.28 Billion | +22.46% |
| 2022 | $27.99 Billion | +21.09% |
| 2021 | $23.12 Billion | +53.93% |
| 2020 | $15.02 Billion | -1.78% |
| 2019 | $15.29 Billion | -8.24% |
| 2018 | $16.66 Billion | -8.43% |
| 2017 | $18.20 Billion | +9.00% |
| 2016 | $16.70 Billion | -6.25% |
| 2015 | $17.81 Billion | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of MPLX LP was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $57.46 Billion USD |
| MoneyControl | $57.46 Billion USD |
| MarketWatch | $57.46 Billion USD |
| marketcap.company | $57.46 Billion USD |
| Reuters | $57.46 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