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| Date | Value |
|---|---|
| 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% |