Navios Maritime Partners (NMM) Gross Margin (2009 - 2026)
Navios Maritime Partners (NMM) posted Gross Margin of 91.34% for Q1 2026, up 0.67% sequentially from 90.73% in Q4 2025, and up 121.0% YoY from 41.33% in Q1 2025.
Navios Maritime Partners (NMM) Gross Margin (2009 - 2026) Analysis & Trends
Navios Maritime Partners has reported Gross Margin for 18 years, with the latest figure at 91.34% in Q1 2026.
- Quarterly Gross Margin rose 121.0% year-over-year to 91.34% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 90.79% (up 99.0% YoY) and the FY2025 annual result came in at 90.5%, up 147.0% from the prior year.
- Gross Margin rose to 91.34% in Q1 2026 per NMM's latest filing, from 90.73% in the prior quarter.
- Over five years, Gross Margin peaked at 92.75% in Q1 2022 and troughed at 86.84% in Q1 2024.
- A 5-year average of 89.65% and a median of 89.87% in 2022 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 386094786 bps in 2022, down 1099 bps in 2022.
- Over 5 years, Gross Margin stood at 89.87% in 2022, then decreased by 2 bps to 88.19% in 2023, then climbed by 3 bps to 91.12% in 2024, then fell by 0 bps to 90.73% in 2025, then grew by 1 bps to 91.34% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 91.34%, 90.73%, and 90.59% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 31.53% |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 67.88% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 4.10% |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 79.34% |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 2,501,247.17% |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 91.34% |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 92.31% |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | 61.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 91.34% |
| Dec 31, 2025 | 90.73% |
| Sep 30, 2025 | 90.59% |
| Jun 30, 2025 | 90.47% |
| Mar 31, 2025 | 90.13% |
| Dec 31, 2024 | 91.12% |
| Sep 30, 2024 | 89.75% |
| Jun 30, 2024 | 88.30% |
| Mar 31, 2024 | 86.84% |
| Dec 31, 2023 | 88.19% |
| Sep 30, 2023 | 87.66% |
| Jun 30, 2023 | 87.91% |
| Mar 31, 2023 | 87.15% |
| Dec 31, 2022 | 89.87% |
| Sep 30, 2022 | 89.01% |
| Jun 30, 2022 | 92.26% |
| Mar 31, 2022 | 92.75% |
| Dec 31, 2021 | 93.92% |
| Sep 30, 2021 | 100.00% |
| Jun 30, 2021 | -3,860,855.60% |