MPLX LP (MPLX) - Total Assets
Based on the latest financial reports, MPLX LP (MPLX) holds total assets worth $43.01 Billion USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See MPLX book value for net asset value and shareholders' equity analysis.
MPLX LP - Total Assets Trend (2010–2025)
This chart illustrates how MPLX LP's total assets have evolved over time, based on quarterly financial data.
MPLX LP - Asset Composition Analysis
Current Asset Composition (December 2025)
MPLX LP's total assets of $43.01 Billion consist of 5.0% current assets and 95.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2010–2025)
This chart illustrates how MPLX LP's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see MPLX LP stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MPLX LP's current assets represent 5.0% of total assets in 2025, an increase from 0.0% in 2010.
- Cash Position: Cash and equivalents constituted 5.0% of total assets in 2025, up from 0.0% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 24.0% in 2010.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
MPLX LP Competitors by Total Assets
Key competitors of MPLX LP based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Williams Companies Inc
NYSE:WMB
|
USA | $58.57 Billion |
|
China Merchants Energy Shipping Co Ltd
SHG:601872
|
China | CN¥77.88 Billion |
|
Cheniere Energy Inc
NYSE MKT:LNG
|
USA | $45.10 Billion |
|
DT Midstream Inc
NYSE:DTM
|
USA | $10.06 Billion |
|
Frontline Ltd
OL:FRO
|
Norway | Nkr5.71 Billion |
|
Scorpio Tankers Inc.
F:S0QA
|
Germany | €4.03 Billion |
|
Tsakos Energy Navigation Limited
F:TK41
|
Germany | €3.90 Billion |
|
Transportadora de Gas del Norte SA Class C
BA:TGNO4
|
Argentina | AR$1.26 Trillion |
MPLX LP - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.31 | 0.99 | 0.73 |
| Quick Ratio | 1.26 | 0.95 | 0.67 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.09 Billion | $-49.00 Million | $-571.00 Million |
MPLX LP - Advanced Valuation Insights
This section examines the relationship between MPLX LP's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.97 |
| Latest Market Cap to Assets Ratio | 1.34 |
| Asset Growth Rate (YoY) | 14.6% |
| Total Assets | $43.01 Billion |
| Market Capitalization | $57.80 Billion USD |
Valuation Analysis
Above Book Valuation: The market values MPLX LP's assets above their book value (1.34x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: MPLX LP's assets grew by 14.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for MPLX LP (2010–2025)
The table below shows the annual total assets of MPLX LP from 2010 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $43.01 Billion | +14.65% |
| 2024-12-31 | $37.51 Billion | +2.69% |
| 2023-12-31 | $36.53 Billion | +2.42% |
| 2022-12-31 | $35.66 Billion | +0.44% |
| 2021-12-31 | $35.51 Billion | -2.49% |
| 2020-12-31 | $36.41 Billion | -9.93% |
| 2019-12-31 | $40.43 Billion | +77.49% |
| 2018-12-31 | $22.78 Billion | +16.82% |
| 2017-12-31 | $19.50 Billion | +17.15% |
| 2016-12-31 | $16.65 Billion | +6.19% |
| 2015-12-31 | $15.68 Billion | +1190.65% |
| 2014-12-31 | $1.21 Billion | +0.50% |
| 2013-12-31 | $1.21 Billion | -7.13% |
| 2012-12-31 | $1.30 Billion | -0.14% |
| 2011-12-31 | $1.30 Billion | +16.56% |
| 2010-12-31 | $1.12 Billion | -- |
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