MPLX LP (MPLX) — Net Asset Quality Index
MPLX LP (MPLX) has a Net Asset Quality Index of 33.2% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $42.97 Billion minus total liabilities of $28.72 Billion yields net assets of $14.25 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read MPLX total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
MPLX LP Net Asset Quality Index Over Time (2010–2025)
This chart shows how MPLX LP's Net Asset Quality Index has evolved across 16 annual periods from 2010 to 2025. As of June 2026, the index stands at 33.2%, representing net assets of $14.25 Billion against total assets of $42.97 Billion USD. For live market cap and overall valuation, see MPLX market cap.
Annual Net Asset Quality Index for MPLX LP (2010–2025)
The table below presents the year-by-year Net Asset Quality Index for MPLX LP from 2010 to 2025, covering 16 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check asset allocation strategy of MPLX LP to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 33.8% | $14.53 Billion | $43.01 Billion | $28.48 Billion | ▼ -3.6 pp |
| 2024 | 37.3% | $14.01 Billion | $37.51 Billion | $23.50 Billion | ▲ +0.2 pp |
| 2023 | 37.2% | $13.58 Billion | $36.53 Billion | $22.95 Billion | ▼ -0.7 pp |
| 2022 | 37.9% | $13.51 Billion | $35.66 Billion | $22.15 Billion | ▲ +1.2 pp |
| 2021 | 36.7% | $13.02 Billion | $35.51 Billion | $22.49 Billion | ▼ -1.7 pp |
| 2020 | 38.4% | $13.98 Billion | $36.41 Billion | $22.43 Billion | ▼ -5.1 pp |
| 2019 | 43.5% | $17.58 Billion | $40.43 Billion | $22.85 Billion | ▲ +13.4 pp |
| 2018 | 30.1% | $6.86 Billion | $22.78 Billion | $15.91 Billion | ▼ -21.0 pp |
| 2017 | 51.1% | $9.97 Billion | $19.50 Billion | $9.53 Billion | ▼ -10.8 pp |
| 2016 | 62.0% | $10.32 Billion | $16.65 Billion | $6.33 Billion | ▲ +2.9 pp |
| 2015 | 59.1% | $9.27 Billion | $15.68 Billion | $6.41 Billion | ▲ +21.0 pp |
| 2014 | 38.2% | $463.50 Million | $1.21 Billion | $751.00 Million | ▼ -54.0 pp |
| 2013 | 92.2% | $1.11 Billion | $1.21 Billion | $94.40 Million | ▼ -2.1 pp |
| 2012 | 94.3% | $1.23 Billion | $1.30 Billion | $74.50 Million | ▼ -0.8 pp |
| 2011 | 95.1% | $1.24 Billion | $1.30 Billion | $63.90 Million | ▼ -0.4 pp |
| 2010 | 95.5% | $1.07 Billion | $1.12 Billion | $49.80 Million | — |