Martin Midstream Partners (MMLP) Return on Capital Employed [ROCE] (2011 - 2026)
Martin Midstream Partners (MMLP) posted Return on Capital Employed [ROCE] of 11.49% for Q2 2026, down 0.20 percentage points from 11.70% a year earlier but up 1.16 percentage points from the prior quarter.
Martin Midstream Partners (MMLP) Return on Capital Employed [ROCE] (2011 - 2026) Analysis & Trends
For FY2025, Martin Midstream Partners' Return on Capital Employed [ROCE] came in at 12.03%, down 1.99 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +2.81 percentage points (FY2020 to FY2025).
- In prior years, Martin Midstream Partners' Return on Capital Employed [ROCE] was 14.03% in FY2024 (-0.68 pp), 14.71% in FY2023 (+4.00 pp), 10.71% in FY2022 (-1.33 pp) and 12.04% in FY2021 (+2.82 pp).
- Quarterly Return on Capital Employed [ROCE] has run from a low of 8.89% in Q3 2021 to a high of 18.83% in Q3 2022 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined in each of the last eight quarters, with an average year-over-year change of -2.47 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q3 2022, with a gain of 9.94 percentage points; the weakest was Q2 2023, with a drop of 8.67 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 10.33% (Q1 2026), 12.47% (Q4 2025) and 10.36% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 5.40% |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | 8.70% |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 12.27% |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 8.43% |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 7.68% |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 15.72% |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 14.79% |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 15.05% |
| 10 | Martin Midstream Partners | 84.12 Mn | 84.12 Mn | 106.01 Mn | 11.49% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.49% |
| Mar 31, 2026 | 10.33% |
| Dec 31, 2025 | 12.47% |
| Sep 30, 2025 | 10.36% |
| Jun 30, 2025 | 11.70% |
| Mar 31, 2025 | 12.24% |
| Dec 31, 2024 | 13.29% |
| Sep 30, 2024 | 15.03% |
| Jun 30, 2024 | 16.41% |
| Mar 31, 2024 | 16.07% |
| Dec 31, 2023 | 16.35% |
| Sep 30, 2023 | 15.58% |
| Jun 30, 2023 | 9.02% |
| Mar 31, 2023 | 9.12% |
| Dec 31, 2022 | 10.20% |
| Sep 30, 2022 | 18.83% |
| Jun 30, 2022 | 17.69% |
| Mar 31, 2022 | 14.09% |
| Dec 31, 2021 | 11.62% |
| Sep 30, 2021 | 8.89% |
Martin Midstream Partners Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=MMLP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=MMLP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();