MPLX LP (MPLX) — Net Asset Quality Index

Latest as of December 2025: 33.8%

MPLX LP (MPLX) has a Net Asset Quality Index of 33.8% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $43.01 Billion minus total liabilities of $28.48 Billion yields net assets of $14.53 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check MPLX asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

33.8%
Equity / Total Assets

Net Assets

$14.53 Billion
USD

Total Assets

$43.01 Billion
USD

Total Liabilities

$28.48 Billion
USD

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 December 2025, the index stands at 33.8%, representing net assets of $14.53 Billion against total assets of $43.01 Billion USD. See MPLX LP working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

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. For market capitalisation and the full company profile, see MPLX stock market capitalisation.

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
pp = percentage points