Martin Midstream Partners (MMLP) Net Margin (2010 - 2026)
Martin Midstream Partners (MMLP) posted Net Margin of 3.52% for Q1 2026, down 116.95% on a QoQ basis from 1.62% in Q4 2025, and down 299.0% year-over-year from 1.77% in Q1 2025.
Martin Midstream Partners (MMLP) Net Margin (2010 - 2026) Analysis & Trends
Martin Midstream Partners' Net Margin history runs 17 years deep, the most recent figure standing at 3.52% for Q1 2026.
- Quarterly Net Margin fell 299.0% year-over-year to 3.52% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.81% (down 152.0% YoY) and the FY2025 annual result came in at 2.01%, down 129.0% from the prior year.
- Net Margin was 3.52% for Q1 2026 at Martin Midstream Partners, down from 1.62% in the prior quarter.
- Across five years, Net Margin topped out at 4.02% in Q1 2022 and bottomed at 11.95% in Q3 2022.
- A 5-year average of 1.27% and a median of 0.59% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin slumped 875 bps — and 2023, when it soared 1136 bps.
- Martin Midstream Partners' Net Margin stood at 0.15% in 2022, then surged by 285 bps to 0.28% in 2023, then plunged by 1926 bps to 5.09% in 2024, then jumped by 68 bps to 1.62% in 2025, then plunged by 117 bps to 3.52% in 2026.
- Business Quant data shows MMLP's Net Margin at 3.52% in Q1 2026, 1.62% in Q4 2025, and 4.87% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 88.32% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 21.07% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 19.97% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 7.47% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 10.40% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.05% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 4.30% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 11.71% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 8.07% |
| 10 | Martin Midstream Partners | 95.04 Mn | 95.04 Mn | 98.18 Mn | -3.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.52% |
| Dec 31, 2025 | -1.62% |
| Sep 30, 2025 | -4.87% |
| Jun 30, 2025 | -1.30% |
| Mar 31, 2025 | -0.52% |
| Dec 31, 2024 | -5.09% |
| Sep 30, 2024 | -1.89% |
| Jun 30, 2024 | 2.00% |
| Mar 31, 2024 | 1.77% |
| Dec 31, 2023 | 0.28% |
| Sep 30, 2023 | -0.59% |
| Jun 30, 2023 | 1.50% |
| Mar 31, 2023 | -2.03% |
| Dec 31, 2022 | -0.15% |
| Sep 30, 2022 | -11.95% |
| Jun 30, 2022 | 2.42% |
| Mar 31, 2022 | 4.02% |
| Dec 31, 2021 | 3.69% |
| Sep 30, 2021 | -3.20% |
| Jun 30, 2021 | -3.51% |