Martin Midstream Partners (MMLP) Interest Coverage Ratio (2010 - 2026)
Martin Midstream Partners (MMLP) reported Interest Coverage Ratio of 0.57 for Q1 2026, down 43.74% on a YoY basis from 1.02 in Q1 2025, and down 34.7% quarter-over-quarter from 0.88 in Q4 2025.
Martin Midstream Partners (MMLP) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Martin Midstream Partners has reported Interest Coverage Ratio for 9 years, with the latest figure at 0.57 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 43.74% year-over-year to 0.57; the trailing twelve-month figure through Mar 2026 stood at 0.74 (down 20.53% YoY), and the FY2025 full-year result was 0.85, down 14.78% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 0.57, down from 0.88 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 1.39 in Q2 2024, with the low at 0.46 in Q4 2024.
- Historically, Interest Coverage Ratio has averaged 0.94 across 4 years, with a median of 1.0 in 2025.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio plunged 61.69% — and 2025, when it soared 92.06%.
- Martin Midstream Partners' Interest Coverage Ratio stood at 1.2 in 2023, then sank by 61.69% to 0.46 in 2024, then soared by 92.06% to 0.88 in 2025, then tumbled by 34.7% to 0.57 in 2026.
- The last three Interest Coverage Ratio figures came in at 0.57 (Q1 2026), 0.88 (Q4 2025), and 0.47 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 4.92 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 3.15 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -17.95 |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 4.17 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 3.25 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 3.25 |
| 10 | Martin Midstream Partners | 102.44 Mn | 102.44 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 |