Martin Midstream Partners (MMLP) Gross Margin (2010 - 2026)
Martin Midstream Partners (MMLP) reported Gross Margin of 49.63% for Q2 2026, down 6.92 percentage points from 56.55% a year earlier and down 2.68 percentage points from the prior quarter.
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Analysis
Martin Midstream Partners (MMLP) Gross Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Martin Midstream Partners' Gross Margin came in at 53.29%, down 3.29 percentage points year-over-year; for FY2025, it came in at 55.51%, down 2.52 percentage points from FY2024.
- Gross Margin has a five-year change of +8.61 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 58.02% in FY2024 (+6.86 pp), 51.17% in FY2023 (+12.34 pp), 38.82% in FY2022 (-0.76 pp) and 39.59% in FY2021 (-7.31 pp).
- The Q2 2026 figure ranks as the lowest quarterly Gross Margin since Q1 2023.
- Year over year, Gross Margin has now declined in each of the last six quarters, with an average year-over-year change of -2.00 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q3 2023 (a gain of 23.48 percentage points); the low point was Q3 2021 (a drop of 10.63 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 52.31% (Q1 2026), 57.06% (Q4 2025) and 55.11% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 22.85% |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 21.55% |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 68.62% |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 98.16% |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 48.15% |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 87.77% |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 23.30% |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 92.34% |
| 10 | Martin Midstream Partners | 85.29 Mn | 85.29 Mn | 106.01 Mn | 49.63% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.63% |
| Mar 31, 2026 | 52.31% |
| Dec 31, 2025 | 57.06% |
| Sep 30, 2025 | 55.11% |
| Jun 30, 2025 | 56.55% |
| Mar 31, 2025 | 53.48% |
| Dec 31, 2024 | 58.21% |
| Sep 30, 2024 | 58.48% |
| Jun 30, 2024 | 58.38% |
| Mar 31, 2024 | 57.06% |
| Dec 31, 2023 | 57.58% |
| Sep 30, 2023 | 57.11% |
| Jun 30, 2023 | 50.29% |
| Mar 31, 2023 | 42.82% |
| Dec 31, 2022 | 41.40% |
| Sep 30, 2022 | 33.63% |
| Jun 30, 2022 | 41.23% |
| Mar 31, 2022 | 38.55% |
| Dec 31, 2021 | 36.10% |
| Sep 30, 2021 | 38.67% |
API Access
Martin Midstream Partners Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MMLP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MMLP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MMLP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();