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% on a YoY basis from 8.38% in Q2 2025, and down 5.12% quarter-over-quarter from 52.31% in Q1 2026.
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Martin Midstream Partners (MMLP) Gross Margin (2010 - 2026) Analysis & Trends
Martin Midstream Partners (MMLP) has reported Gross Margin for 17 consecutive years, with 49.63% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 692.0% year-over-year to 49.63%; the trailing twelve-month figure through Jun 2026 stood at 53.29% (down 329.0% YoY), and the FY2025 full-year result was 55.51%, down 252.0% from the prior year.
- Gross Margin fell to 49.63% in Q2 2026 per MMLP's latest filing, from 52.31% in the prior quarter.
- Across five years, Gross Margin topped out at 58.48% in Q3 2024 and bottomed at 33.63% in Q3 2022.
- Historically, Gross Margin has averaged 51.05% across 5 years, with a median of 54.29% in 2025.
- The sharpest annual moves came in 2023 and 2026: Gross Margin soared 2348 bps in 2023, then sank 692 bps in 2026.
- Over 5 years, 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 decreased by 13 bps to 49.63% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 49.63%, 52.31%, and 57.06% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 68.62% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 21.55% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 62.88% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 48.15% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 82.28% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 23.30% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 24.69% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 43.36% |
| 10 | Martin Midstream Partners | 93.51 Mn | 93.51 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% |