Martin Midstream Partners (MMLP) Tax Rate (2010 - 2026)
Martin Midstream Partners (MMLP) posted Tax Rate of 8.3% for Q1 2026, up 80.25% on a QoQ basis from 42.02% in Q4 2025, and down 133806.0% year-over-year from N/an in Q1 2025.
Martin Midstream Partners (MMLP) Tax Rate (2010 - 2026) Analysis & Trends
Martin Midstream Partners (MMLP) has reported Tax Rate for 17 consecutive years, with 8.3% the latest figure, recorded in Q1 2026.
- Tax Rate for Q1 2026 came in at 8.3%, down 133806.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 25.6% (up 6485.0% YoY), and the FY2025 annual result was 47.85%, up 36770.0% from the prior year.
- Tax Rate was 8.3% for Q1 2026 at Martin Midstream Partners, up from 42.02% in the prior quarter.
- Over five years, Tax Rate peaked at 1329.76% in Q1 2025 and troughed at 645.2% in Q2 2025.
- A 5-year average of 32.53% and a median of 6.72% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2025 — Tax Rate jumped 131020 bps — and 2026, when it tumbled 133806 bps.
- Year by year, Tax Rate stood at 118.0% in 2022, then sank by 31 bps to 81.64% in 2023, then tumbled by 108 bps to 6.72% in 2024, then slumped by 525 bps to 42.02% in 2025, then surged by 80 bps to 8.3% in 2026.
- Per Business Quant, the three latest MMLP Tax Rate figures stand at 8.3% (Q1 2026), 42.02% (Q4 2025), and 9.29% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 24.82% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 22.28% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.45% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 6.40% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 20.27% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 0.11% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 24.00% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 15.08% |
| 10 | Martin Midstream Partners | 89.98 Mn | 89.98 Mn | 98.18 Mn | -8.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.30% |
| Mar 31, 2026 | -8.30% |
| Dec 31, 2025 | -42.02% |
| Dec 31, 2025 | -42.02% |
| Sep 30, 2025 | -9.29% |
| Sep 30, 2025 | -9.29% |
| Jun 30, 2025 | -645.20% |
| Jun 30, 2025 | -645.20% |
| Mar 31, 2025 | 1,329.76% |
| Mar 31, 2025 | 1,329.76% |
| Dec 31, 2024 | -6.72% |
| Dec 31, 2024 | -6.72% |
| Sep 30, 2024 | -47.31% |
| Sep 30, 2024 | -47.31% |
| Jun 30, 2024 | 31.92% |
| Jun 30, 2024 | 31.92% |
| Mar 31, 2024 | 19.56% |
| Mar 31, 2024 | 19.56% |
| Dec 31, 2023 | 81.64% |
| Dec 31, 2023 | 81.64% |