Navios Maritime Partners (NMM) Interest Coverage Ratio (2009 - 2026)
Navios Maritime Partners (NMM) posted Interest Coverage Ratio of 11.44 for Q1 2026, down 1689.66% sequentially from 0.72 in Q4 2025, and down 29.43% YoY from 16.21 in Q1 2025.
Navios Maritime Partners (NMM) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Navios Maritime Partners has reported Interest Coverage Ratio for 18 years, with the latest figure at 11.44 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 29.43% year-over-year to 11.44 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.65 (up 5.03% YoY) and the FY2025 annual result came in at 2.42, down 69.68% from the prior year.
- Interest Coverage Ratio slipped to 11.44 in Q1 2026 per NMM's latest filing, from 0.72 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 8.62 in Q2 2023 and troughed at 513.15 in Q4 2022.
- A 5-year average of 33.76 and a median of 8.14 in 2023 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio sank 11919.42% in 2022, then surged 115.3% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 513.15 in 2022, then surged by 100.12% to 0.61 in 2023, then increased by 12.43% to 0.69 in 2024, then increased by 4.48% to 0.72 in 2025, then slumped by 1689.66% to 11.44 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 11.44, 0.72, and 8.96 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 0.53 |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 0.36 |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -2.21 |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 0.16 |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | -11.44 |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | -6.22 |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | 0.60 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.44 |
| Dec 31, 2025 | 0.72 |
| Sep 30, 2025 | -8.96 |
| Jun 30, 2025 | 0.70 |
| Mar 31, 2025 | -8.84 |
| Dec 31, 2024 | 0.69 |
| Sep 30, 2024 | -9.85 |
| Jun 30, 2024 | -9.41 |
| Mar 31, 2024 | -9.26 |
| Dec 31, 2023 | 0.61 |
| Sep 30, 2023 | -8.45 |
| Jun 30, 2023 | 8.62 |
| Mar 31, 2023 | -8.14 |
| Dec 31, 2022 | -513.15 |
| Sep 30, 2022 | -0.70 |
| Jun 30, 2022 | 4.00 |
| Mar 31, 2022 | -1.05 |
| Dec 31, 2021 | 4.34 |
| Sep 30, 2021 | -15.78 Mn |
| Jun 30, 2021 | -427,321.81 |