COMP <GO>
MPLX vs TRGP // EV/EBITDA & P/E VALUATION
MPLX LP Common (NYSE) VS. Targa Resources Inc. (NYSE) • 15-METRIC TALLY: MPLX 6
— TRGP 6
▲ EV/EBITDA & P/E VALUATION LEADER: MPLX
LAST: $60.16 (+0.45%) • MKT CAP: $60.72B
valuation
9.4x
LAST: $314.99 (+0.84%) • MKT CAP: $66.98B
valuation
11.7x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MPLX VS. TRGP)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | MPLX | TRGP | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | 38.30% | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 19.30% | 33.00% | -13.70 | TRGP | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 9.4x | 11.7x | -2.30 | MPLX | /valuation <GO> |
| Free Cash Flow Yield | 6.75% | 0.87% | +5.88 | MPLX | /fcf-yield <GO> |
| Operating Margin | 61.10% | 19.60% | +41.50 | MPLX | /operating-margins <GO> |
| Net Profit Margin | 47.70% | 11.30% | +36.40 | MPLX | /net-margins <GO> |
| Revenue Growth (YoY) | 5.80% | 20.50% | -14.70 | TRGP | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 2.17 | 4.50 | -2.33 | TRGP | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 7/9 | +1.00 | MPLX | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 61.2 | 65.3 | -4.10 | TRGP | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.89 | 0.99 | -0.10 | TRGP | /macro-sensitivity <GO> |
| Forward P/E Multiple | 12.2x | 29.2x | -17.00 | MPLX | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $60.72B | $66.98B | -$6.26B | TRGP | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | MPLX REV | TRGP REV | MPLX GROSS % | TRGP GROSS % | MPLX FCF | TRGP FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $9.73B | $17.03B | — | 38.3% | $4.10B | $584.1M |
| FY 2024 | $9.19B | $14.14B | — | 24.3% | $4.89B | $683.9M |
| FY 2023 | $8.73B | $13.52B | — | — | $5.00B | $2.60B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
MPLX // BETA 0.89
TRGP // BETA 0.99