Martin Midstream Partners (MMLP) Gross Margin (2010 - 2026)
Martin Midstream Partners (MMLP) posted Gross Margin of 52.31% for Q1 2026, down 8.31% on a QoQ basis from 57.06% in Q4 2025, and down 117.0% year-over-year from 307.71% in Q1 2025.
Martin Midstream Partners (MMLP) Gross Margin (2010 - 2026) Analysis & Trends
Martin Midstream Partners' Gross Margin history runs 17 years deep, the most recent figure standing at 52.31% for Q1 2026.
- Quarterly Gross Margin fell 117.0% year-over-year to 52.31% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 55.21% (down 184.0% YoY) and the FY2025 annual result came in at 55.51%, down 252.0% from the prior year.
- Gross Margin was 52.31% for Q1 2026 at Martin Midstream Partners, down from 57.06% in the prior quarter.
- Across five years, Gross Margin topped out at 58.48% in Q3 2024 and bottomed at 37.87% in Q2 2023.
- A 5-year average of 45.95% and a median of 55.11% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin tumbled 7909 bps — and 2024, when it soared 9624 bps.
- Martin Midstream Partners' Gross Margin stood at 41.4% in 2022, then surged by 39 bps to 57.58% in 2023, then rose by 1 bps to 58.21% in 2024, then decreased by 2 bps to 57.06% in 2025, then fell by 8 bps to 52.31% in 2026.
- Business Quant data shows MMLP's Gross Margin at 52.31% in Q1 2026, 57.06% in Q4 2025, and 55.11% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 89.73% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 76.80% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 68.62% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 41.12% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 97.17% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 23.85% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 41.52% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 93.41% |
| 10 | Martin Midstream Partners | 95.04 Mn | 95.04 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% |