MPLX LP (MPLX) — Net Asset Quality Index
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. See MPLX LP (MPLX) defensive interval to measure how many days the company can operate on defensive assets alone.
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 December 2025, the index stands at 33.8%, representing net assets of $14.53 Billion against total assets of $43.01 Billion USD. Explore how efficiently does MPLX LP generate cash to assess how effectively this company generates cash.
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 | — |