Martin Midstream Partners (MMLP) Return on Invested Capital [ROIC] (2011 - 2026)
Martin Midstream Partners (MMLP) recorded Return on Invested Capital [ROIC] of 12.86% in Q2 2026, down 0.44 percentage points from 13.30% a year earlier but up 0.85 percentage points from the prior quarter.
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Analysis
Martin Midstream Partners (MMLP) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Martin Midstream Partners reported Return on Invested Capital [ROIC] of 13.79%, down 2.05 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of +4.57 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 15.83% in FY2024 (+15.83 pp), 0.00% in FY2023 (-11.33 pp), 11.33% in FY2022 (+11.33 pp) and 0.00% in FY2021 (-9.21 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from 0.00% in Q4 2021 to 14.78% in Q4 2024 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for three consecutive quarters, with an average year-over-year change of +4.10 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 14.78 percentage points in Q4 2024, against a drop of 10.94 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 12.01% (Q1 2026), 13.96% (Q4 2025) and 12.08% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 4.91% |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 12.19% |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 8.40% |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 6.24% |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 13.19% |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 14.70% |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 15.54% |
| 10 | Martin Midstream Partners | 84.12 Mn | 84.12 Mn | 106.01 Mn | 12.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.86% |
| Mar 31, 2026 | 12.01% |
| Dec 31, 2025 | 13.96% |
| Sep 30, 2025 | 12.08% |
| Jun 30, 2025 | 13.30% |
| Mar 31, 2025 | 14.40% |
| Dec 31, 2024 | 14.78% |
| Sep 30, 2024 | 7.15% |
| Jun 30, 2024 | 9.95% |
| Mar 31, 2024 | 8.12% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 10.00% |
| Mar 31, 2023 | 10.03% |
| Dec 31, 2022 | 10.94% |
| Sep 30, 2022 | 1.43% |
| Jun 30, 2022 | 14.16% |
| Mar 31, 2022 | 9.73% |
| Dec 31, 2021 | 0.00% |
| Sep 30, 2021 | 9.14% |
API Access
Martin Midstream Partners Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=MMLP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=MMLP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();