Management s Discussion and Analysis of Financial Condition and Results of Operations and Item 7A. Forward-looking and other statements regarding our ESG plans and goals are not an indication that these statements are material to investors or required to be disclosed in our filings with the SEC.
$57.06
$0.11 (-0.19%)
EOD Jul 17, 2026
45.72% operating margin is above average.
Revenue grew 8.9%, steady but not accelerating. Free cash flow declined 16% despite revenue growth, conversion is weakening.
Free cash flow declined 16% versus the prior year, cash generation momentum has weakened. Net debt of $23.74B represents 5.8x FCF, leverage limits flexibility.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$12.91B
▲ +8.9% YoY
Net Income (TTM)
$4.69B
▲ +14.7% YoY
Op. Margin
44.85%
▲ +1.4pp YoY
ROIC
—
Cash Flow & Balance Sheet
FCF (TTM)
$3.89B
▼ -16.1% YoY
Op. Cash Flow (TTM)
$6.01B
▼ -0.6% YoY
Net Debt
$24.39B
Cash & Equiv.
$1.51B
5Y CAGR: +11.4%
5Y CAGR: +4.2%
Continue Research
Mplx LP (MPLX) trades below a two-stage DCF intrinsic value of about $43,085,781,840.20 per share, so at $57.06 the stock looks undervalued (75,509,605,727.4% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Mplx LP scores 21/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $43,085,781,840.20 per share for MPLX, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $32,314,336,380.15. At today's $57.06, that puts the stock about 75,509,605,727.4% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Mplx LP scores 21 out of 100 on Intrinsiqq's quality score, a weighted blend of 4 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 44.8% operating margin. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. MPLX currently trades below its estimated intrinsic value and scores 21/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.