Martin Midstream Partners (MMLP) Interest Coverage Ratio (2010 - 2026)
Martin Midstream Partners' (MMLP) Interest Coverage Ratio was 1.33 for Q2 2026, up 30.4% from 1.02 a year earlier and up 131.4% from the prior quarter.
Martin Midstream Partners (MMLP) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Martin Midstream Partners' Interest Coverage Ratio came in at 0.82, down 2.7% year-over-year; for FY2025, it was 0.85, down 14.8% from FY2024.
- By year, Interest Coverage Ratio came in at 0.99 in FY2024 (-10.3%), 1.11 in FY2023 (+15.9%) and 0.96 in FY2022.
- The Q2 2026 figure ranks as the highest quarterly Interest Coverage Ratio since Q2 2024.
- Year over year, Interest Coverage Ratio gained in two of the last eight quarters, with an average decline of 11.0%.
- The high point for year-over-year Interest Coverage Ratio in five years was Q4 2025 (growth of 92.1%); the low point was Q4 2024 (a decline of 61.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in 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 | 102.52 Bn | 100.06 Bn | 4.84 Bn | 2.09 |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 5.86 |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 3.83 |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 6.23 |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | - |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 4.77 |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 3.67 |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 14.95 |
| 10 | Martin Midstream Partners | 85.29 Mn | 85.29 Mn | 106.01 Mn | 1.33 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.33 |
| 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 |
Martin Midstream Partners Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=MMLP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "MMLP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=MMLP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();