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MPLX (MPLX LP) EV-to-EBIT : 13.10 (As of Dec. 14, 2024)


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What is MPLX LP EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, MPLX LP's Enterprise Value is $69,991 Mil. MPLX LP's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $5,344 Mil. Therefore, MPLX LP's EV-to-EBIT for today is 13.10.

The historical rank and industry rank for MPLX LP's EV-to-EBIT or its related term are showing as below:

MPLX' s EV-to-EBIT Range Over the Past 10 Years
Min: -40.96   Med: 13.58   Max: 324.58
Current: 13.1

During the past 13 years, the highest EV-to-EBIT of MPLX LP was 324.58. The lowest was -40.96. And the median was 13.58.

MPLX's EV-to-EBIT is ranked worse than
67.47% of 704 companies
in the Oil & Gas industry
Industry Median: 9.17 vs MPLX: 13.10

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. MPLX LP's Enterprise Value for the quarter that ended in Sep. 2024 was $65,953 Mil. MPLX LP's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $5,344 Mil. MPLX LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.10%.


MPLX LP EV-to-EBIT Historical Data

The historical data trend for MPLX LP's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MPLX LP EV-to-EBIT Chart

MPLX LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.43 291.13 12.64 11.00 11.68

MPLX LP Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.31 11.68 12.75 12.31 12.34

Competitive Comparison of MPLX LP's EV-to-EBIT

For the Oil & Gas Midstream subindustry, MPLX LP's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MPLX LP's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MPLX LP's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where MPLX LP's EV-to-EBIT falls into.



MPLX LP EV-to-EBIT Calculation

MPLX LP's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=69991.397/5344
=13.10

MPLX LP's current Enterprise Value is $69,991 Mil.
MPLX LP's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,344 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MPLX LP  (NYSE:MPLX) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

MPLX LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2024 ) =EBIT / Enterprise Value (Q: Sep. 2024 )
=5344/65952.74
=8.10 %

MPLX LP's Enterprise Value for the quarter that ended in Sep. 2024 was $65,953 Mil.
MPLX LP's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,344 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MPLX LP EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of MPLX LP's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


MPLX LP Business Description

Traded in Other Exchanges
Address
200 East Hardin Street, Findlay, OH, USA, 45840-3229
MPLX is a partnership that owns both pipelines and gathering and processing assets with extensive holdings in the Appalachian region. The asset base is made up of pipeline assets dropped down from Marathon Petroleum, its sponsor, and gathering and processing assets from MarkWest, which it acquired in 2015. MPLX also acquired Andeavor Logistics in 2019.
Executives
Carl Kristopher Hagedorn officer: VP and Controller C/O CONE MIDSTREAM PARTNERS LP, 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Christine S Breves director 600 GRANT STREET, SUITE 6100, PITTSBURGH PA 16059
Shawn M Lyon officer: Senior VP, Log. & Storage C/O MPLX, 200 E HARDIN STREET, FINDLAY OH 45840
Gregory Scott Floerke officer: Exec VP and CCO C/O MARKWEST ENERGY PARTNERS, L.P., 1515 ARAPAHOE STREET, TOWER 1, SUITE 160, DENVER CO 80202
Frank M Semple director, officer: Vice Chairman 1515 ARAPAHOE ST., TOWER 2, SUITE 700, DENVER CO 80202
Kelly D Wright officer: VP and Controller C/O MPLX LP, 200 E HARDIN STREET, FINDLAY OH 45840
John J Quaid officer: Exec VP and CFO C/O MARATHON PETROLEUM CORPORATION, 539 SOUTH MAIN STREET, FINDLAY OH 45840
Maryann T. Mannen director C/O MARATHON PETROLEUM CORPORATION, 539 SOUTH MAIN ST, FINDLAY OH 45840
Ttc Holdings Llc 10 percent owner 539 SOUTH MAIN STREET, FINDLAY OH 45840
Timothy J Aydt officer: Chief Comm. Ofc.,Exec. VP C/O MPLX LP, 200 E. HARDIN STREET, FINDLAY OH 45840
Garry L. Peiffer director, officer: President C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Dan D Sandman director
Gary R Heminger director, officer: Chief Executive Officer C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Tesoro Logistics Gp, Llc other: Less than 10% owner 200 E. HARDIN STREET, FINDLAY OH 45840
Western Refining, Inc. 10 percent owner 539 SOUTH MAIN STREET, FINDLAY OH 45840-3229

MPLX LP Headlines