MMLP · Martin Midstream Partners L.P. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $187.67M | - | $168.72M | $180.68M | $192.54M | - | $170.93M | $184.53M | $180.83M | - |
| Cost of Revenue | $89.50M | - | $75.74M | $78.50M | $89.58M | - | $70.98M | $76.81M | $77.65M | - |
| Gross Profit | $98.17M | - | $92.97M | $102.17M | $102.97M | - | $99.96M | $107.72M | $103.18M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $10.81M | - | $9.26M | $10.88M | $11.77M | - | $12.49M | $10.70M | $8.91M | - |
| Total Operating Expenses | $179.99M | - | $162.22M | $166.41M | $178.62M | - | $158.44M | $165.56M | $163.14M | - |
| D&A | $12.87M | - | $12.34M | $12.64M | $12.82M | - | $12.61M | $12.69M | $12.65M | - |
| Operating Income | $8.02M | - | $6.89M | $14.88M | $14.40M | - | $12.65M | $19.93M | $17.89M | - |
| Interest Expense | $13.96M | - | $14.61M | $14.61M | $13.84M | - | $14.59M | $14.38M | - | - |
| Income Tax | $518.0K | - | $715.0K | $2.08M | $1.12M | - | $1.07M | $1.77M | $796.0K | - |
| Net Income | ($6.76M) | - | ($8.41M) | ($2.41M) | ($1.03M) | - | ($3.32M) | $3.78M | $3.27M | - |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $49.0K | $49.0K | $49.0K | $47.0K | $52.0K | $55.0K | $56.0K | $55.0K | $54.0K | $54.0K |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $49.66M | $50.25M | $46.87M | $46.12M | $44.42M | $51.71M | $43.04M | $41.60M | $41.41M | $43.82M |
| Accounts Payable | $72.38M | $57.81M | $50.71M | $54.02M | $57.85M | $61.60M | $60.99M | $51.87M | $58.99M | $51.65M |
| Current Assets | $148.80M | $129.91M | $117.32M | $121.60M | $129.65M | $130.48M | $148.81M | $125.00M | $115.98M | $114.31M |
| Total Assets | $537.13M | $522.42M | $510.12M | $515.63M | $533.41M | $538.51M | $554.76M | $535.08M | $512.08M | $509.38M |
| Current Liabilities | $118.23M | $124.14M | $97.62M | $107.69M | $96.24M | $115.50M | $94.87M | $98.71M | $93.02M | $100.56M |
| Long-term Debt | $458.45M | $428.01M | $441.29M | $427.82M | $451.45M | $437.63M | $469.27M | $439.40M | $430.02M | $421.17M |
| Total Liabilities | $629.84M | $608.21M | $592.86M | $589.82M | $605.04M | $608.95M | $616.10M | $592.94M | $573.57M | $574.00M |
| Stockholders' Equity | - | - | - | - | - | - | - | - | - | - |
| Retained Earnings | - | - | - | - | - | - | - | - | - | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($13.78M) | - | - | - | ($6.02M) | - | - | - | $10.11M | - |
| Investing Cash Flow | ($14.93M) | - | - | - | ($6.22M) | - | - | - | ($17.39M) | - |
| Financing Cash Flow | $28.71M | - | - | - | $12.23M | - | - | - | $7.29M | - |
| CapEx | $7.49M | - | - | $6.01M | $5.88M | - | $12.54M | $13.20M | $11.67M | - |
| Free Cash Flow | ($21.27M) | - | - | - | ($11.89M) | - | - | - | ($1.56M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 52.3% | - | 55.1% | 56.5% | 53.5% | - | 58.5% | 58.4% | 57.1% | - |
| Operating margin | 4.3% | - | 4.1% | 8.2% | 7.5% | - | 7.4% | 10.8% | 9.9% | - |
| EBITDA margin | 11.1% | - | 11.4% | 15.2% | 14.1% | - | 14.8% | 17.7% | 16.9% | - |
| Net margin | -3.6% | - | -5.0% | -1.3% | -0.5% | - | -1.9% | 2.0% | 1.8% | - |
| Free cash flow margin | -11.3% | - | - | - | -6.2% | - | - | - | -0.9% | - |
| FCF / Net income | 3.15 | - | - | - | 11.51 | - | - | - | -0.48 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 5.8% | - | 5.5% | 6.0% | 6.1% | - | 7.3% | 5.8% | 4.9% | - |
| Effective tax rate | - | - | - | - | 1329.8% | - | - | 31.9% | 19.6% | - |
| Return on assets | -1.3% | - | -1.6% | -0.5% | -0.2% | - | -0.6% | 0.7% | 0.6% | - |
| Return on equity | - | - | - | - | - | - | - | - | - | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.26 | 1.05 | 1.20 | 1.13 | 1.35 | 1.13 | 1.57 | 1.27 | 1.25 | 1.14 |
| Quick ratio | 0.84 | 0.64 | 0.72 | 0.70 | 0.89 | 0.68 | 1.11 | 0.84 | 0.80 | 0.70 |
| Cash ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | 0.85 | 0.82 | 0.87 | 0.83 | 0.85 | 0.81 | 0.85 | 0.82 | 0.84 | 0.83 |
| Debt / EBITDA | 21.95 | - | 22.95 | 15.55 | 16.59 | - | 18.58 | 13.47 | 14.08 | - |
| Interest coverage | 0.6x | - | 0.5x | 1.0x | 1.0x | - | 0.9x | 1.4x | - | - |
| Equity multiplier | - | - | - | - | - | - | - | - | - | - |
| Liabilities / Assets | 1.17 | 1.16 | 1.16 | 1.14 | 1.13 | 1.13 | 1.11 | 1.11 | 1.12 | 1.13 |
| Efficiency | ||||||||||
| Asset turnover | 0.35 | - | 0.33 | 0.35 | 0.36 | - | 0.31 | 0.34 | 0.35 | - |
| Inventory turnover | 1.80 | - | 1.62 | 1.70 | 2.02 | - | 1.65 | 1.85 | 1.88 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 203d | - | 226d | 214d | 181d | - | 221d | 198d | 195d | - |
| Days payable outstanding | 295d | - | 244d | 251d | 236d | - | 314d | 247d | 277d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -2.5% | - | -1.3% | -2.1% | 6.5% | - | -3.3% | -5.7% | -26.0% | - |
| Revenue CAGR (3y) | -8.4% | - | -9.7% | -12.2% | -11.7% | - | -6.8% | 0.0% | -3.5% | - |
| Revenue CAGR (5y) | -1.4% | - | 2.0% | 5.1% | -0.6% | - | -0.8% | -0.3% | -6.3% | - |
| Gross profit growth (YoY) | -4.7% | - | -7.0% | -5.2% | -0.2% | - | -0.9% | 9.5% | -1.5% | - |
| Operating income growth (YoY) | -44.3% | - | -45.5% | -25.3% | -19.5% | - | -14.0% | 15.0% | 2.2% | - |
| Net income growth (YoY) | -554.4% | - | -153.4% | - | - | - | -212.8% | 249.7% | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -78.8% | - | - | - | -661.9% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | - | - | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$716.11M totalSpecialty Products Segment$248.69M · 34.7%
Transportation Segment$212.51M · 29.7%
Sulfur Services Segment$164.08M · 22.9%
Terminalling And Storage Segment$90.83M · 12.7%
Product / service
$1.72B totalProduct$396.33M · 23.0%
Specialty Products$248.69M · 14.4%
Transportation$212.51M · 12.3%
Land Transportation$156.30M · 9.1%
Sulfur Service Product Sales$147.64M · 8.6%
Natural Gas Liquids Product$139.94M · 8.1%
Fertilizer Product$109.26M · 6.3%
Lubricant Product$108.75M · 6.3%
Terminalling And Storage$90.83M · 5.3%
Inland Transportation$46.95M · 2.7%
Sulfur Product$38.38M · 2.2%
Sulfur Service Products$16.44M · 1.0%
Offshore Transportation$9.25M · 0.5%
Peer comparison
Same SIC group: Wholesale-Petroleum Bulk Stations & Terminals
Comparing MARTIN MIDSTREAM PARTNERS L.P. against the 2 most active filers in the same SIC group.
Dividends
$0.02/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 8, 2026 | $0.0050 |
| Feb 6, 2026 | $0.0050 |
| Nov 7, 2025 | $0.0050 |
| Aug 7, 2025 | $0.0050 |
| May 8, 2025 | $0.0050 |
| Feb 7, 2025 | $0.0050 |
| Nov 7, 2024 | $0.0050 |
| Aug 7, 2024 | $0.0050 |
| May 7, 2024 | $0.0050 |
| Feb 6, 2024 | $0.0050 |
| Nov 6, 2023 | $0.0050 |
| Aug 4, 2023 | $0.0050 |
| May 5, 2023 | $0.0050 |
| Feb 6, 2023 | $0.0050 |
| Nov 4, 2022 | $0.0050 |
| Aug 4, 2022 | $0.0050 |
| May 5, 2022 | $0.0050 |
| Feb 4, 2022 | $0.0050 |
| Nov 4, 2021 | $0.0050 |
| Aug 5, 2021 | $0.0050 |
| May 6, 2021 | $0.0050 |
| Feb 4, 2021 | $0.0050 |
| Nov 5, 2020 | $0.0050 |
| Aug 6, 2020 | $0.0050 |