Martin Midstream Partners (MMLP) Gross Margin (2010 - 2026)

Martin Midstream Partners (MMLP) reported Gross Margin of 52.31% for Q1 2026, down 117.0% on a YoY basis from 307.71% in Q1 2025, and down 8.31% quarter-over-quarter from 57.06% in Q4 2025.

Martin Midstream Partners (MMLP) Gross Margin (2010 - 2026) Analysis & Trends

Martin Midstream Partners has reported Gross Margin for 17 years, with the latest figure at 52.31% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 117.0% year-over-year to 52.31%; the trailing twelve-month figure through Mar 2026 stood at 55.21% (down 184.0% YoY), and the FY2025 full-year result was 55.51%, down 252.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 52.31%, down from 57.06% in the prior quarter.
  • The five-year high for Gross Margin was 58.48% in Q3 2024, with the low at 37.87% in Q2 2023.
  • Historically, Gross Margin has averaged 45.95% across 5 years, with a median of 55.11% in 2025.
  • Annual changes were most pronounced in 2023 — Gross Margin plunged 7909 bps — and 2024, when it soared 9624 bps.
  • Martin Midstream Partners' Gross Margin 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 dropped by 8 bps to 52.31% in 2026.
  • The last three Gross Margin figures came in at 52.31% (Q1 2026), 57.06% (Q4 2025), and 55.11% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 41.12%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 63.77%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 23.85%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 83.61%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 41.52%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 26.67%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 98.68%
10 Martin Midstream Partners 102.44 Mn 102.44 Mn 98.18 Mn 52.31%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 42.49%