Martin Midstream Partners L.p.
MMLP Nasdaq· Wholesale-Petroleum Bulk Stations & Terminals
Last close · Oct 26, 2026
$1.97
KIRA · Stoqly’s AI analyst, in plain words
- Martin Midstream Partners L.p. had $716M of revenue in fiscal 2025, up 1.2% on the year before. Over five years, revenue changed +1.3% a year on average.
- Its operating margin was 6.8%, down 1.3 pts: of every 100 in sales, about 7 is left after running the business.
- Martin Midstream Partners L.p. lost $14.7M in fiscal 2025.
- Free cash flow was $21.4M in fiscal 2025, 3.0% of revenue.
- Martin Midstream Partners L.p. owes $428M more than it holds in cash, about 4.3 years of operating profit.
Market cap
$76.7M
P/E
—
Revenue
$716M
Net income
−$14.7M
Free cash flow
$21.4M
Operating margin
6.8%
Martin Midstream Partners L.p. in 30 seconds · fiscal 2025
Are sales growing?
+1.2%
Only a little. Sales grew 1.2% last year.
Does it make a profit?
−2.1%
No. It lost money last year.
Does profit turn into cash?
3.0%
Partly. 3.0% of sales ends up as free cash.
Is debt under control?
4.3x
Heavy. Repaying its debt would take 4.3 years of operating profit.
How healthy are the accounts?
3 / 9
Weak. It passes 3 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Martin Midstream Partners L.p. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 23, 2026
- Legal name
- MARTIN MIDSTREAM PARTNERS L.P.
- CIK
- 0001176334
Martin Midstream Partners L.p. · MMLP
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $882M | $1.0B | $798M | $708M | $716M |
| Revenue growth | 31.3% | 15.5% | −21.7% | −11.3% | 1.2% |
| Net interest income | −$54.1M | −$53.7M | −$60.3M | — | — |
| Gross margin | 39.6% | 38.8% | 51.2% | 58.0% | 55.5% |
| Operating margin | 6.5% | 5.0% | 8.4% | 8.1% | 6.8% |
| Net income | −$0.2M | −$10.3M | −$4.5M | −$5.2M | −$14.7M |
| Net margin | −0.0% | −1.0% | −0.6% | −0.7% | −2.1% |
| Diluted EPS | −$0.01 | −$0.26 | −$0.11 | −$0.13 | −$0.37 |
| Cash | |||||
| Cash from operations | $35.7M | $16.1M | $137M | $48.4M | $46.1M |
| Capital expenditure | $16.1M | $27.2M | $34.3M | $42.0M | $24.8M |
| Free cash flow | $19.7M | −$11.1M | $103M | $6.3M | $21.4M |
| FCF margin | 2.2% | −1.1% | 12.9% | 0.9% | 3.0% |
| Share buybacks | $0.0M | $0.0M | $0.0M | — | — |
| Share count change | 0.1% | 0.1% | 0.1% | 0.2% | 0.2% |
| Debt and strength | |||||
| Cash and short-term investments | $0.1M | $0.0M | $0.1M | $0.1M | $0.0M |
| Debt incl. finance leases | $499M | $513M | $421M | $438M | $428M |
| Net debt / EBITDA | 4.4x | 4.8x | 3.6x | 4.0x | 4.3x |
| Current ratio | 1.7x | 1.9x | 1.1x | 1.1x | 1.0x |
| Interest coverage | — | 1.0x | 1.1x | 1.0x | 0.8x |
| Returns and quality | |||||
| Piotroski F-score | 6 | 5 | 5 | 4 | 3 |
Insiders bought, 12 months
$0.2M
1 insider
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Martin Midstream Partners L.p. · MMLP
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $1.97 a share, the company is worth $76.7M.
Source: SEC EDGAR XBRL filings (CIK 0001176334). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.