Navios Maritime Partners (NMM) Operating Margin (2009 - 2026)
Navios Maritime Partners (NMM) posted Operating Margin of 98.02% for Q1 2026, up 109.3% sequentially from 46.83% in Q4 2025, and up 66.0% YoY from 59.05% in Q1 2025.
Navios Maritime Partners (NMM) Operating Margin (2009 - 2026) Analysis & Trends
Navios Maritime Partners has reported Operating Margin for 18 years, with the latest figure at 98.02% in Q1 2026.
- Quarterly Operating Margin rose 66.0% year-over-year to 98.02% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 84.34% (up 388.0% YoY) and the FY2025 annual result came in at 83.65%, up 41.0% from the prior year.
- Operating Margin climbed to 98.02% in Q1 2026 per NMM's latest filing, from 46.83% in the prior quarter.
- Over five years, Operating Margin peaked at 5881326.99% in Q1 2022 and troughed at 3526.78% in Q4 2022.
- A 5-year average of 630413.64% and a median of 93.7% in 2023 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2023: Operating Margin surged 588122328 bps in 2022, then plunged 588123353 bps in 2023.
- Over 5 years, Operating Margin stood at 3526.78% in 2022, then jumped by 101 bps to 45.38% in 2023, then climbed by 3 bps to 46.73% in 2024, then advanced by 0 bps to 46.83% in 2025, then surged by 109 bps to 98.02% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 98.02%, 46.83%, and 97.23% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 13.27% |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 16.39% |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 48.93% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -1.31% |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 48.38% |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 68.94% |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 98.02% |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 113.20% |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | -13.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 98.02% |
| Dec 31, 2025 | 46.83% |
| Sep 30, 2025 | 97.23% |
| Jun 30, 2025 | 97.62% |
| Mar 31, 2025 | 97.35% |
| Dec 31, 2024 | 46.73% |
| Sep 30, 2024 | 95.94% |
| Jun 30, 2024 | 82.77% |
| Mar 31, 2024 | 93.36% |
| Dec 31, 2023 | 45.38% |
| Sep 30, 2023 | 93.70% |
| Jun 30, 2023 | 82.79% |
| Mar 31, 2023 | 93.45% |
| Dec 31, 2022 | -3,526.78% |
| Sep 30, 2022 | 4,838,063.24% |
| Jun 30, 2022 | 97.31% |
| Mar 31, 2022 | 5,881,326.99% |
| Dec 31, 2021 | 69.24% |
| Sep 30, 2021 | 100.00% |
| Jun 30, 2021 | -3,860,848.81% |