Navios Maritime Partners (NMM) Operating Margin (2009 - 2026)
Navios Maritime Partners' (NMM) quarterly Operating Margin came in at 94.82% in Q2 2026, down 280.0% year-over-year from 52.68% in Q2 2025, and down 3.26% quarter-over-quarter from 98.02% in Q1 2026.
Analysis
Navios Maritime Partners (NMM) Operating Margin (2009 - 2026) Analysis & Trends
Navios Maritime Partners has disclosed Operating Margin across 18 years of filings, most recently posting 94.82% for Q2 2026.
- In Q2 2026, Operating Margin fell 280.0% year-over-year to 94.82%; the TTM figure through Jun 2026 stood at 96.74% (down 940.0% YoY), while the FY2025 annual figure was 80.53%, down 271.0% from the prior year.
- Operating Margin came in at 94.82% for Q2 2026 at Navios Maritime Partners, down from 98.02% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 119.27% in Q1 2022 to a low of 82.77% in Q2 2024.
- Average Operating Margin over 5 years is 103.6%, with a median of 97.82% recorded in 2025.
- Year-over-year, Operating Margin sank 3018 bps in 2022 and soared 2668 bps in 2024.
- Over 5 years, Operating Margin stood at 91.66% in 2022, then slipped by 3 bps to 88.99% in 2023, then rose by 30 bps to 115.67% in 2024, then declined by 16 bps to 97.18% in 2025, then slipped by 2 bps to 94.82% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 94.82% in Q2 2026, 98.02% in Q1 2026, and 97.18% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 71.19% |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 13.27% |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 16.39% |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 64.49% |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 34.33% |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 71.23% |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 97.45% |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 8.10% |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 43.38% |
| 10 | Navios Maritime Partners | 2.64 Bn | 2.28 Bn | 364.53 Mn | 94.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 94.82% |
| Mar 31, 2026 | 98.02% |
| Dec 31, 2025 | 97.18% |
| Sep 30, 2025 | 97.23% |
| Jun 30, 2025 | 97.62% |
| Mar 31, 2025 | 97.35% |
| Dec 31, 2024 | 115.67% |
| Sep 30, 2024 | 112.86% |
| Jun 30, 2024 | 82.77% |
| Mar 31, 2024 | 110.80% |
| Dec 31, 2023 | 88.99% |
| Sep 30, 2023 | 117.98% |
| Jun 30, 2023 | 89.76% |
| Mar 31, 2023 | 119.15% |
| Dec 31, 2022 | 91.66% |
| Sep 30, 2022 | 118.45% |
| Jun 30, 2022 | 115.30% |
| Mar 31, 2022 | 119.27% |
| Dec 31, 2021 | 121.84% |
| Sep 30, 2021 | 114.74% |