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MPLX LPMPLX +1.12%83 FCF Yield % is 5.53 as of Aug. 15, 2026, which is 42% below its 10-year median of 9.48. GuruFocus rates MPLX with a GF Score™ of 83/100 and a GF Value™ of $54.21 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,025 Oil & Gas companies, MPLX LP ranks better than 62.05% on this metric.
FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
As of today, MPLX LP's Trailing 12-Month Free Cash Flow is $3,336 Mil, and Market Cap is $60,304 Mil. Therefore, MPLX LP's FCF Yield % for today is 5.53%.
The historical rank and industry rank for MPLX LP's FCF Yield % or its related term are showing as below:
MPLX'
s FCF Yield % Range Over the Past 10 Years
Min: -0.04 Med: 9.48 Max: 16.93
Current: 5.53
During the past 13 years, the highest FCF Yield % of MPLX LP was 16.93%. The lowest was -0.04%. And the median was 9.48%.
MPLX's FCF Yield % is ranked better than 62.05% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.99
vs MPLX: 5.53
Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
MPLX LP FCF Yield % Related Terms
MPLX LP FCF Yield % Historical Data
* Premium members only.
The historical data trend for MPLX LP's FCF Yield % 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.
For the Oil & Gas Midstream subindustry, MPLX LP's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, MPLX LP's FCF Yield % distribution charts can be found below:
* The bar in red indicates where MPLX LP's FCF Yield % falls into.
* 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 (MPLX) has a FCF Yield % of 5.53 as of Aug. 15, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on MPLX LP and its competitors. This is 42% below median its historical median of 9.48. According to the industry distribution chart, MPLX LP ranks #389 out of 1025 companies in the Oil & Gas industry, placing it in the top 38%.
Is MPLX LP's FCF Yield % too high?
MPLX LP's current FCF Yield % of 5.53 is 42% below median its 10-year median of 9.48. The Oil & Gas industry median FCF Yield % is 1.99. MPLX LP's value of 5.53 is 177.9% above this industry median. Based on the distribution chart, MPLX LP ranks #389 out of 1025 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, MPLX LP has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MPLX LP's FCF Yield % compare to OKE and TRGP?
According to the Oil & Gas industry distribution chart, MPLX LP ranks #389 out of 1025 companies for FCF Yield %. This puts MPLX LP in the upper half of its industry. The industry median FCF Yield % is 1.99. MPLX LP's value of 5.53 is 177.9% above this benchmark. While the company's 10-year median is 9.48 vs. the industry median of 1.99, MPLX LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Yield % for an Oil & Gas company?
The median FCF Yield % among Oil & Gas companies is 1.99, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a FCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, FCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MPLX LP's current FCF Yield % of 5.53 is 177.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on MPLX LP and its competitors. For the Oil & Gas industry, the median FCF Yield % is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MPLX LP's current FCF Yield % is 5.53, which is 42% below median its own 10-year median of 9.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPLX LP stock overvalued right now?
Based on GuruFocus' analysis, MPLX LP (MPLX) is currently considered Fairly Valued. The stock's GF Value™ is $54.21, compared to a current price of $59.48 — trading 9.7% above its estimated fair value. The current FCF Yield % is 5.53, which is 42% below median its 10-year median of 9.48 and 177.9% above the Oil & Gas industry median of 1.99. MPLX LP's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For MPLX LP (MPLX), the current FCF Yield % is 5.53 as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is MPLX LP (MPLX) Overvalued in 2026?
Based on GuruFocus' analysis, MPLX LP stock appears to be overvalued.
The current stock price of $59.48 is trading 9.7% above its estimated GF Value™ of $54.21.
GuruFocus considers MPLX LP to be Fairly Valued.
Key valuation signals for MPLX:
FCF Yield %: 5.53 (42% below median its 10-year median of 9.48)
GF Value™: $54.21 vs. price of $59.48 (9.7% above fair value)
Industry Position: 177.9% above the Oil & Gas median (#389 of 1025)
No single metric tells the full story. See the MPLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MPLX is a partnership that owns pipelines and gathering and processing assets with extensive holdings in the Appalachian and Permian regions. The asset base is made up of crude oil and refined products assets dropped down from Marathon Petroleum, its sponsor, and natural gas and natural gas liquids gathering and processing assets that were purchased or built.
83GF Score
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FCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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