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MPLX LP（MPLX）とWaste Connections, Inc.（WCN）の財務データ比較。上の社名をクリックして会社を切り替えられます
MPLX LPの直近四半期売上が大きい（$2.5B vs $2.4B、Waste Connections, Inc.の約1.0倍）。MPLX LPの純利益率が高く（49.1% vs 10.9%、差は38.2%）。Waste Connections, Inc.の前年同期比売上増加率が高い（5.0% vs 1.4%）。MPLX LPの直近四半期フリーキャッシュフローが多い（$782.0M vs $172.6M）。過去8四半期でWaste Connections, Inc.の売上複合成長率が高い（7.0% vs 6.2%）
MPLX LPの子会社MarkWest Energy Partners, L.P.は米国のマスター・リミテッド・パートナーシップで、天然ガスの収集、処理、輸送事業を手がけています。1988年にコロラド州デンバーで設立され、同州第13位の規模の企業に成長した後、2015年にマラソン・ペトロリアム傘下のMPLXに買収されました。
ウェイストコネクションズ・インクは北米の総合廃棄物サービス企業で、本社を米国テキサス州ウッドランズに置き、米国とカナダで事業を展開しています。主に固体廃棄物の収集、移送、処分、リサイクルサービスを提供し、北米第3位の廃棄物管理企業です。
MPLX vs WCN — 直接比較
損益計算書 — Q4 FY2025 vs Q4 FY2025
| 指標 | | |
|---|---|---|
| 売上 | $2.5B | $2.4B |
| 純利益 | $1.2B | $258.5M |
| 粗利率 | — | 42.5% |
| 営業利益率 | 60.5% | 17.7% |
| 純利益率 | 49.1% | 10.9% |
| 売上前年比 | 1.4% | 5.0% |
| 純利益前年比 | 8.5% | 231.9% |
| EPS（希薄化後） | — | $1.01 |
緑 = その指標でリード。会計年度がずれている場合は期間が異なる場合あり
8四半期 売上・利益トレンド
並べて比較する四半期履歴。決算期がずれていても暦四半期で整列
| Q4 25 | $2.5B | $2.4B | ||
| Q3 25 | $2.5B | $2.5B | ||
| Q2 25 | $2.4B | $2.4B | ||
| Q1 25 | $2.5B | $2.2B | ||
| Q4 24 | $2.4B | $2.3B | ||
| Q3 24 | $2.3B | $2.3B | ||
| Q2 24 | $2.3B | $2.2B | ||
| Q1 24 | $2.2B | $2.1B |
| Q4 25 | $1.2B | $258.5M | ||
| Q3 25 | $1.6B | $286.3M | ||
| Q2 25 | $1.1B | $290.3M | ||
| Q1 25 | $1.1B | $241.5M | ||
| Q4 24 | $1.1B | $-196.0M | ||
| Q3 24 | $1.0B | $308.0M | ||
| Q2 24 | $1.2B | $275.5M | ||
| Q1 24 | $1.0B | $230.1M |
| Q4 25 | — | 42.5% | ||
| Q3 25 | — | 42.8% | ||
| Q2 25 | — | 42.1% | ||
| Q1 25 | — | 42.0% | ||
| Q4 24 | — | 41.4% | ||
| Q3 24 | — | 42.5% | ||
| Q2 24 | — | 42.1% | ||
| Q1 24 | — | 41.1% |
| Q4 25 | 60.5% | 17.7% | ||
| Q3 25 | 73.2% | 17.9% | ||
| Q2 25 | 54.9% | 19.1% | ||
| Q1 25 | 55.5% | 17.5% | ||
| Q4 24 | 55.6% | -8.8% | ||
| Q3 24 | 54.4% | 20.3% | ||
| Q2 24 | 62.9% | 18.9% | ||
| Q1 24 | 57.6% | 17.7% |
| Q4 25 | 49.1% | 10.9% | ||
| Q3 25 | 63.2% | 11.6% | ||
| Q2 25 | 44.9% | 12.1% | ||
| Q1 25 | 46.2% | 10.8% | ||
| Q4 24 | 45.9% | -8.7% | ||
| Q3 24 | 44.6% | 13.2% | ||
| Q2 24 | 52.6% | 12.3% | ||
| Q1 24 | 46.7% | 11.1% |
| Q4 25 | — | $1.01 | ||
| Q3 25 | — | $1.11 | ||
| Q2 25 | — | $1.12 | ||
| Q1 25 | — | $0.93 | ||
| Q4 24 | — | $-0.76 | ||
| Q3 24 | — | $1.19 | ||
| Q2 24 | — | $1.07 | ||
| Q1 24 | — | $0.89 |
貸借対照表と財務力
直近四半期の流動性・レバレッジ・純資産のスナップショット
| 指標 | | |
|---|---|---|
| 現金・短期投資手元流動性 | $2.1B | $46.0M |
| 総負債低いほど良い | $24.2B | $8.8B |
| 株主資本純資産 | — | $8.2B |
| 総資産 | $43.0B | $21.1B |
| 負債/資本比率低いほどレバレッジが低い | — | 1.07× |
8四半期トレンド — 暦四半期で整列
| Q4 25 | $2.1B | $46.0M | ||
| Q3 25 | $1.8B | $117.6M | ||
| Q2 25 | $1.4B | $110.2M | ||
| Q1 25 | $2.5B | $111.2M | ||
| Q4 24 | $1.5B | $62.4M | ||
| Q3 24 | $2.4B | $115.3M | ||
| Q2 24 | $2.5B | $78.7M | ||
| Q1 24 | $385.0M | $112.0M |
| Q4 25 | $24.2B | $8.8B | ||
| Q3 25 | $24.1B | $8.6B | ||
| Q2 25 | $19.7B | $8.3B | ||
| Q1 25 | $19.7B | $8.4B | ||
| Q4 24 | $19.3B | $8.1B | ||
| Q3 24 | $19.3B | $8.2B | ||
| Q2 24 | $19.2B | $7.7B | ||
| Q1 24 | $18.8B | $7.8B |
| Q4 25 | — | $8.2B | ||
| Q3 25 | — | $8.1B | ||
| Q2 25 | — | $8.4B | ||
| Q1 25 | — | $8.0B | ||
| Q4 24 | — | $7.9B | ||
| Q3 24 | — | $8.3B | ||
| Q2 24 | — | $8.0B | ||
| Q1 24 | — | $7.8B |
| Q4 25 | $43.0B | $21.1B | ||
| Q3 25 | $43.2B | $20.8B | ||
| Q2 25 | $37.8B | $20.7B | ||
| Q1 25 | $39.0B | $20.3B | ||
| Q4 24 | $37.5B | $19.8B | ||
| Q3 24 | $38.5B | $20.1B | ||
| Q2 24 | $38.4B | $19.3B | ||
| Q1 24 | $36.5B | $19.1B |
| Q4 25 | — | 1.07× | ||
| Q3 25 | — | 1.07× | ||
| Q2 25 | — | 1.00× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | — | 1.03× | ||
| Q3 24 | — | 0.99× | ||
| Q2 24 | — | 0.96× | ||
| Q1 24 | — | 1.00× |
キャッシュフローと資本効率
再投資後に実際に生み出すキャッシュ。純利益より操作が難しい
| 指標 | | |
|---|---|---|
| 営業キャッシュフロー直近四半期 | $1.5B | $556.9M |
| フリーキャッシュフロー営業CF - 設備投資 | $782.0M | $172.6M |
| FCFマージンFCF / 売上 | 31.9% | 7.3% |
| 設備投資強度設備投資 / 売上 | 29.1% | 16.2% |
| キャッシュ転換率営業CF / 純利益 | 1.24× | 2.15× |
| 直近12ヶ月FCF直近4四半期 | $4.1B | $1.2B |
8四半期トレンド — 暦四半期で整列
| Q4 25 | $1.5B | $556.9M | ||
| Q3 25 | $1.4B | $677.4M | ||
| Q2 25 | $1.7B | $638.2M | ||
| Q1 25 | $1.2B | $541.5M | ||
| Q4 24 | $1.7B | $568.9M | ||
| Q3 24 | $1.4B | $558.3M | ||
| Q2 24 | $1.6B | $611.4M | ||
| Q1 24 | $1.3B | $490.3M |
| Q4 25 | $782.0M | $172.6M | ||
| Q3 25 | $905.0M | $380.3M | ||
| Q2 25 | $1.4B | $352.9M | ||
| Q1 25 | $979.0M | $329.1M | ||
| Q4 24 | $1.4B | $172.2M | ||
| Q3 24 | $1.1B | $286.2M | ||
| Q2 24 | $1.4B | $394.2M | ||
| Q1 24 | $1.0B | $320.4M |
| Q4 25 | 31.9% | 7.3% | ||
| Q3 25 | 36.8% | 15.5% | ||
| Q2 25 | 60.9% | 14.7% | ||
| Q1 25 | 39.8% | 14.8% | ||
| Q4 24 | 56.6% | 7.6% | ||
| Q3 24 | 48.4% | 12.2% | ||
| Q2 24 | 60.0% | 17.5% | ||
| Q1 24 | 47.7% | 15.5% |
| Q4 25 | 29.1% | 16.2% | ||
| Q3 25 | 21.4% | 12.1% | ||
| Q2 25 | 12.8% | 11.9% | ||
| Q1 25 | 10.9% | 9.5% | ||
| Q4 24 | 12.7% | 17.6% | ||
| Q3 24 | 11.9% | 11.6% | ||
| Q2 24 | 9.4% | 9.7% | ||
| Q1 24 | 11.7% | 8.2% |
| Q4 25 | 1.24× | 2.15× | ||
| Q3 25 | 0.92× | 2.37× | ||
| Q2 25 | 1.64× | 2.20× | ||
| Q1 25 | 1.10× | 2.24× | ||
| Q4 24 | 1.51× | — | ||
| Q3 24 | 1.35× | 1.81× | ||
| Q2 24 | 1.32× | 2.22× | ||
| Q1 24 | 1.27× | 2.13× |
財務フロー比較
売上 → 粗利 → 営業利益 → 純利益のサンキー図
セグメント別売上内訳
MPLX
| Services | $746.0M | 30% |
| Other | $675.0M | 28% |
| Products | $492.0M | 20% |
| Nonrelated Party | $186.0M | 8% |
| Related Party | $151.0M | 6% |
| Crude Oil And Products Logistics | $104.0M | 4% |
| Service Other | $56.0M | 2% |
| Natural Gas And NGL Services | $41.0M | 2% |
WCN
| Southern | $552.9M | 23% |
| Central | $450.9M | 19% |
| Landfill | $386.5M | 16% |
| Transfer | $370.6M | 16% |
| Other | $347.9M | 15% |
| Exploration And Production Waste Treatment Recovery And Disposal | $171.1M | 7% |
| Solid Waste Recycling | $51.2M | 2% |
| Intermodal And Other | $42.3M | 2% |
