Martin Midstream Partners (MMLP) Tax Rate (2010 - 2026)
Martin Midstream Partners (MMLP) posted Tax Rate of 41.46% for Q2 2026, up 686.67 percentage points from -645.20% a year earlier and up 49.76 percentage points from the prior quarter.
Martin Midstream Partners (MMLP) Tax Rate (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Martin Midstream Partners was -34.61%, up 9.83 percentage points year-over-year; for FY2025, it was -47.85%, up 367.70 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -13.37 percentage points (FY2020 to FY2025).
- In prior years, Martin Midstream Partners' Tax Rate was -415.54% in FY2024 (-847.83 pp), 432.29% in FY2023 (+761.62 pp), -329.33% in FY2022 (-435.99 pp) and 106.66% in FY2021 (+141.14 pp).
- The Q2 2026 figure stands as the highest quarterly Tax Rate since Q1 2025.
- On a year-over-year basis, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +17.17 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q1 2025, with a gain of 1310.20 percentage points; the weakest was Q1 2026, with a drop of 1338.06 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was -8.30% (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 | 100.40 Bn | 97.94 Bn | 4.84 Bn | 21.97% |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 0.64% |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 7.12% |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 23.33% |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 22.61% |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 0.18% |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 9.13% |
| 10 | Martin Midstream Partners | 84.12 Mn | 84.12 Mn | 106.01 Mn | 41.46% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.46% |
| Mar 31, 2025 | 1,329.76% |
| Jun 30, 2024 | 31.92% |
| Mar 31, 2024 | 19.56% |
| Dec 31, 2023 | 81.64% |
| Jun 30, 2023 | 47.95% |
| Dec 31, 2022 | 118.00% |
| Jun 30, 2022 | 23.57% |
| Mar 31, 2022 | 11.84% |
| Dec 31, 2021 | 10.51% |
| Mar 31, 2021 | 8.12% |
| Mar 31, 2020 | 3.79% |
| Dec 31, 2019 | 4.71% |
| Sep 30, 2019 | 1.76% |
| Dec 31, 2018 | 11.31% |
| Mar 31, 2018 | 1.09% |
| Jun 30, 2017 | 1.30% |
| Mar 31, 2017 | 1.31% |
| Dec 31, 2016 | 1.70% |
| Mar 31, 2016 | 0.32% |
Martin Midstream Partners Tax Rate 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=tax-rate&ticker=MMLP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MMLP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();