MPLX FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
MPLX's fcf yield is lower than 65% of the last 10 years.
FCF Yield History
MPLX FCF Yield by year
Yearly range of MPLX’s fcf yield from 2016 to 2026. Over the full period it ranged from -0.6% to 17.0%, averaging 8.4%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 7.2% | 8.5% | 9.8% | 7.3% |
| 2025 | 8.8% | 9.7% | 11.9% | 9.6% |
| 2024 | 9.0% | 10.7% | 12.1% | 10.0% |
| 2023 | 11.6% | 12.2% | 13.0% | 11.8% |
| 2022 | 12.1% | 13.4% | 15.6% | 12.7% |
| 2021 | 11.5% | 13.5% | 15.5% | 14.5% |
| 2020 | 4.1% | 10.0% | 17.0% | 14.8% |
| 2019 | 3.2% | 4.1% | 5.0% | 4.4% |
| 2018 | 1.6% | 2.7% | 3.8% | 3.8% |
| 2017 | 0.6% | 1.6% | 2.8% | 2.6% |
| 2016 | -0.6% | -0.3% | -0.3% | -0.3% |
Free cash flow generated divided by market capitalisation. Often more reliable than earnings yield because it reflects actual cash — harder to inflate through accounting choices.
Free Cash Flow / Market Cap × 100%Think of it as the "cash earnings yield" on your investment. High FCF yield vs history suggests the market may be undervaluing the company's real cash generation ability.
- FCF can be lumpy year-to-year due to irregular capex or working capital swings. Look at 3–5 year trends, not single-year readings.
- Businesses intentionally reinvesting for growth will show low or negative FCF yield by design — this metric is less useful for high-growth phase companies.
Is MPLX FCF Yield High or Low Right Now?
MPLX Lp's FCF Yield is currently 7.3%, which is below average relative to its 10-year historical range. The 10-year median FCF Yield for MPLX is approximately 9.8%. See all MPLX valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.