Martin Midstream Partners (MMLP) Tax Rate (2010 - 2026)
Martin Midstream Partners (MMLP) reported Tax Rate of 8.3% for Q1 2026, down 133806.0% on a YoY basis from N/an in Q1 2025, and up 80.25% quarter-over-quarter from 42.02% in Q4 2025.
Martin Midstream Partners (MMLP) Tax Rate (2010 - 2026) Analysis & Trends
Martin Midstream Partners has reported Tax Rate for 17 years, with the latest figure at 8.3% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 133806.0% year-over-year to 8.3%; the trailing twelve-month figure through Mar 2026 stood at 25.6% (up 6485.0% YoY), and the FY2025 full-year result was 47.85%, up 36770.0% from the prior year.
- Tax Rate for Q1 2026 stood at 8.3%, up from 42.02% in the prior quarter.
- The five-year high for Tax Rate was 1329.76% in Q1 2025, with the low at 645.2% in Q2 2025.
- Historically, Tax Rate has averaged 32.53% across 5 years, with a median of 6.72% in 2024.
- Annual changes were most pronounced in 2025 — Tax Rate soared 131020 bps — and 2026, when it plunged 133806 bps.
- Martin Midstream Partners' 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 soared by 80 bps to 8.3% in 2026.
- The last three Tax Rate figures came in at 8.3% (Q1 2026), 42.02% (Q4 2025), and 9.29% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 24.82% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.45% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 22.28% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 6.40% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.11% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 20.27% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 24.00% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 10.04% |
| 10 | Martin Midstream Partners | 102.44 Mn | 102.44 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% |