Martin Midstream Partners (MMLP) Interest Coverage Ratio (2010 - 2026)
Martin Midstream Partners (MMLP) posted Interest Coverage Ratio of 0.57 for Q1 2026, down 34.7% on a QoQ basis from 0.88 in Q4 2025, and down 43.74% year-over-year from 1.02 in Q1 2025.
Martin Midstream Partners (MMLP) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Martin Midstream Partners (MMLP) has reported Interest Coverage Ratio for 9 consecutive years, with 0.57 the latest figure, recorded in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 0.57, down 43.74% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.74 (down 20.53% YoY), and the FY2025 annual result was 0.85, down 14.78% from the prior year.
- Interest Coverage Ratio was 0.57 for Q1 2026 at Martin Midstream Partners, down from 0.88 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 1.39 in Q2 2024 and troughed at 0.46 in Q4 2024.
- A 4-year average of 0.94 and a median of 1.0 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio tumbled 61.69% — and 2025, when it jumped 92.06%.
- Year by year, Interest Coverage Ratio stood at 1.2 in 2023, then sank by 61.69% to 0.46 in 2024, then surged by 92.06% to 0.88 in 2025, then tumbled by 34.7% to 0.57 in 2026.
- Per Business Quant, the three latest MMLP Interest Coverage Ratio figures stand at 0.57 (Q1 2026), 0.88 (Q4 2025), and 0.47 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 2.64 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 4.92 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 3.15 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 4.17 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 3.25 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 1.99 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 2.59 |
| 10 | Martin Midstream Partners | 89.98 Mn | 89.98 Mn | 98.18 Mn | 0.57 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.57 |
| Dec 31, 2025 | 0.88 |
| Sep 30, 2025 | 0.47 |
| Jun 30, 2025 | 1.02 |
| Mar 31, 2025 | 1.02 |
| Dec 31, 2024 | 0.46 |
| Sep 30, 2024 | 0.87 |
| Jun 30, 2024 | 1.39 |
| Mar 31, 2024 | 1.29 |
| Dec 31, 2023 | 1.20 |
| Sep 30, 2023 | 0.98 |
| Jun 30, 2023 | 1.14 |
| Jun 30, 2014 | 1.57 |
| Mar 31, 2014 | 2.14 |
| Dec 31, 2013 | 2.05 |
| Sep 30, 2013 | 1.15 |
| Jun 30, 2013 | 1.75 |
| Mar 31, 2013 | 2.89 |
| Dec 31, 2012 | 2.52 |
| Sep 30, 2012 | 2.39 |