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

Martin Midstream Partners (MMLP) reported Operating Expenses of $66.8 million for Q1 2026, down 62.6% on a YoY basis from $178.6 million in Q1 2025, and down 58.76% quarter-over-quarter from $162.0 million in Q4 2025.

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

Martin Midstream Partners has reported Operating Expenses for 17 years, with the latest figure at $66.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 62.6% year-over-year to $66.8 million; the trailing twelve-month figure through Mar 2026 stood at $460.1 million (down 18.79% YoY), and the FY2025 full-year result was $669.3 million, up 161.85% from the prior year.
  • Operating Expenses for Q1 2026 stood at $66.8 million, down from $162.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $544.8 million in Q4 2023, with the low at $56.5 million in Q1 2022.
  • Historically, Operating Expenses has averaged $142.1 million across 5 years, with a median of $66.8 million in 2026.
  • Annual changes were most pronounced in 2023 — Operating Expenses jumped 736.14% — and 2024, when it sank 88.26%.
  • Martin Midstream Partners' Operating Expenses stood at $65.2 million in 2022, then jumped by 736.14% to $544.8 million in 2023, then slumped by 88.26% to $63.9 million in 2024, then surged by 153.42% to $162.0 million in 2025, then tumbled by 58.76% to $66.8 million in 2026.
  • The last three Operating Expenses figures came in at $66.8 million (Q1 2026), $162.0 million (Q4 2025), and $64.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Enbridge 88.15 Bn 88.85 Bn 6.70 Bn 13.95 Bn
2 Enterprise Products Partners 81.41 Bn 80.26 Bn - 12.50 Bn
3 Kinder Morgan 69.70 Bn 70.78 Bn 3.08 Bn 3.38 Bn
4 Energy Transfer 66.51 Bn 65.79 Bn 6.62 Bn 1.70 Bn
5 Scorpio Tankers 59.31 Bn 58.33 Bn - -93.35 Mn
6 Mplx 57.21 Bn 55.70 Bn 2.54 Bn 1.82 Bn
7 Targa Resources 56.78 Bn 56.82 Bn 1.70 Bn 333.70 Mn
8 Oneok 55.57 Bn 55.44 Bn 2.57 Bn 7.00 Mn
9 Tc Energy 50.90 Bn 52.09 Bn 2.95 Bn 915.00 Mn
10 Martin Midstream Partners 103.81 Mn 103.81 Mn 98.18 Mn 66.81 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 66.81 Mn
Dec 31, 2025 162.01 Mn
Sep 30, 2025 64.88 Mn
Jun 30, 2025 166.41 Mn
Mar 31, 2025 178.62 Mn
Dec 31, 2024 63.93 Mn
Sep 30, 2024 158.44 Mn
Jun 30, 2024 165.56 Mn
Mar 31, 2024 63.93 Mn
Dec 31, 2023 544.76 Mn
Sep 30, 2023 64.38 Mn
Jun 30, 2023 60.74 Mn
Mar 31, 2023 226.64 Mn
Dec 31, 2022 65.15 Mn
Sep 30, 2022 242.34 Mn
Jun 30, 2022 64.08 Mn
Mar 31, 2022 56.50 Mn
Dec 31, 2021 -370.68 Mn
Sep 30, 2021 203.35 Mn
Jun 30, 2021 176.75 Mn