Navios Maritime Partners (NMM) Gross Margin (2009 - 2026)
Navios Maritime Partners' (NMM) quarterly Gross Margin came in at 88.87% in Q2 2026, down 160.0% year-over-year from 148.12% in Q2 2025, and down 2.7% quarter-over-quarter from 91.34% in Q1 2026.
Analysis
Navios Maritime Partners (NMM) Gross Margin (2009 - 2026) Analysis & Trends
Navios Maritime Partners has disclosed Gross Margin across 18 years of filings, most recently posting 88.87% for Q2 2026.
- In Q2 2026, Gross Margin fell 160.0% year-over-year to 88.87%; the TTM figure through Jun 2026 stood at 90.33% (down 4.0% YoY), while the FY2025 annual figure was 90.5%, up 147.0% from the prior year.
- Gross Margin came in at 88.87% for Q2 2026 at Navios Maritime Partners, down from 91.34% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 102.24% in Q4 2022 to a low of 65.75% in Q4 2023.
- Average Gross Margin over 5 years is 90.96%, with a median of 90.93% recorded in 2024.
- Year-over-year, Gross Margin slumped 3649 bps in 2023 and jumped 2537 bps in 2024.
- Over 5 years, Gross Margin stood at 102.24% in 2022, then plunged by 36 bps to 65.75% in 2023, then surged by 39 bps to 91.12% in 2024, then dropped by 0 bps to 90.73% in 2025, then dropped by 2 bps to 88.87% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 88.87% in Q2 2026, 91.34% in Q1 2026, and 90.73% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 31.53% |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 99.97% |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 45.71% |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 79.33% |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 84.14% |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 14.32% |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 83.88% |
| 10 | Navios Maritime Partners | 2.64 Bn | 2.28 Bn | 364.53 Mn | 88.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 88.87% |
| 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 | 65.75% |
| Sep 30, 2023 | 95.07% |
| Jun 30, 2023 | 94.88% |
| Mar 31, 2023 | 95.33% |
| Dec 31, 2022 | 102.24% |
| Sep 30, 2022 | 95.22% |
| Jun 30, 2022 | 95.40% |
| Mar 31, 2022 | 95.27% |
| Dec 31, 2021 | 95.80% |
| Sep 30, 2021 | 95.23% |