Martin Midstream Partners (MMLP) Operating Expenses (2010 - 2026)

Martin Midstream Partners (MMLP) posted Operating Expenses of $180.0 million for Q1 2026, up 172.34% on a QoQ basis from -$248.8 million in Q4 2025, and up 179.25% year-over-year from $64.5 million in Q1 2025.

Martin Midstream Partners (MMLP) Operating Expenses (2010 - 2026) Analysis & Trends

Martin Midstream Partners' Operating Expenses history runs 17 years deep, the most recent figure standing at $180.0 million for Q1 2026.

  • Quarterly Operating Expenses rose 179.25% year-over-year to $180.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $60.4 million (down 90.74% YoY) and the FY2025 annual result came in at $258.4 million, down 60.36% from the prior year.
  • Operating Expenses was $180.0 million for Q1 2026 at Martin Midstream Partners, up from -$248.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $460.3 million in Q4 2024 and bottomed at -$248.8 million in Q4 2025.
  • A 5-year average of $130.4 million and a median of $65.4 million in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2024 — Operating Expenses surged 615.19% — and 2025, when it slumped 154.06%.
  • Martin Midstream Partners' Operating Expenses stood at $65.2 million in 2022, then slipped by 1.22% to $64.4 million in 2023, then jumped by 615.19% to $460.3 million in 2024, then slumped by 154.06% to -$248.8 million in 2025, then surged by 172.34% to $180.0 million in 2026.
  • Business Quant data shows MMLP's Operating Expenses at $180.0 million in Q1 2026, -$248.8 million in Q4 2025, and $64.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 78.81 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -21.81 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 3.13 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 13.95 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 12.50 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 915.00 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 24.79 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 333.70 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 7.00 Mn
10 Martin Midstream Partners 95.04 Mn 95.04 Mn 98.18 Mn 179.99 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 179.99 Mn
Dec 31, 2025 -248.81 Mn
Sep 30, 2025 64.88 Mn
Jun 30, 2025 64.38 Mn
Mar 31, 2025 64.45 Mn
Dec 31, 2024 460.26 Mn
Sep 30, 2024 62.36 Mn
Jun 30, 2024 65.36 Mn
Mar 31, 2024 63.93 Mn
Dec 31, 2023 64.35 Mn
Sep 30, 2023 162.80 Mn
Jun 30, 2023 178.98 Mn
Mar 31, 2023 226.64 Mn
Dec 31, 2022 65.15 Mn
Sep 30, 2022 242.34 Mn
Jun 30, 2022 245.75 Mn
Mar 31, 2022 253.77 Mn
Dec 31, 2021 682.77 Mn
Sep 30, 2021 50.10 Mn
Jun 30, 2021 176.75 Mn