Martin Midstream Partners (MMLP) Gross Margin (2010 - 2026)
Martin Midstream Partners' (MMLP) quarterly Gross Margin came in at 49.63% in Q2 2026, down 692.0% YoY from 8.38% in Q2 2025, and down 5.12% on a QoQ basis from 52.31% in Q1 2026.
Martin Midstream Partners (MMLP) Gross Margin (2010 - 2026) Analysis & Trends
Martin Midstream Partners (MMLP) has 17 years of Gross Margin data on file, last reported at 49.63% in Q2 2026.
- Quarterly Gross Margin fell 692.0% year-over-year to 49.63% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 53.29% (down 329.0% YoY) and the FY2025 annual result came in at 55.51%, down 252.0% from the prior year.
- Gross Margin slipped to 49.63% in Q2 2026, from 52.31% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 58.48% in Q3 2024 to a low of 37.87% in Q2 2023.
- A 5-year average of 46.15% and a median of 54.29% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin plunged 7909 bps — and 2024, when it soared 9624 bps.
- Tracing MMLP's Gross Margin over 5 years: stood at 41.4% in 2022, then soared by 39 bps to 57.58% in 2023, then grew by 1 bps to 58.21% in 2024, then fell by 2 bps to 57.06% in 2025, then fell by 13 bps to 49.63% in 2026.
- The last three Gross Margin figures came in at 49.63% (Q2 2026), 52.31% (Q1 2026), and 57.06% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 68.62% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 24.69% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 21.55% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 95.91% |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 82.28% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 23.30% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 48.15% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 92.34% |
| 10 | Martin Midstream Partners | 92.34 Mn | 92.34 Mn | 106.01 Mn | 49.63% |
Historic Data
Download 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 | -37.87% |
| 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% |