Oil & Gas Midstream
Compare Stocks
2 / 10Stock Comparison
MMLP vs MPLX
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Midstream
MMLP vs MPLX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Oil & Gas Midstream | Oil & Gas Midstream |
| Market Cap | $94M | $56.51B |
| Revenue (TTM) | $711M | $12.54B |
| Net Income (TTM) | $-20M | $4.71B |
| Gross Margin | 22.3% | 60.0% |
| Operating Margin | 5.8% | 44.9% |
| Forward P/E | — | 12.6x |
| Total Debt | $525M | $26.16B |
| Cash & Equiv. | $49K | $2.14B |
MMLP vs MPLX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Martin Midstream Pa… (MMLP) | 100 | 96.4 | -3.6% |
| MPLX Lp (MPLX) | 100 | 293.1 | +193.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: MMLP vs MPLX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
MMLP is the clearest fit if your priority is value.
- Better valuation composite
MPLX carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 3 yrs, beta 0.18, yield 7.1%
- Rev growth 8.4%, EPS growth 14.5%, 3Y rev CAGR 3.9%
- 179.5% 10Y total return vs MMLP's -59.9%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 8.4% revenue growth vs MMLP's 1.2% | |
| Value | Better valuation composite | |
| Quality / Margins | 37.5% margin vs MMLP's -2.8% | |
| Stability / Safety | Beta 0.18 vs MMLP's 0.39 | |
| Dividends | 7.1% yield, 3-year raise streak, vs MMLP's 0.9% | |
| Momentum (1Y) | +20.0% vs MMLP's -19.0% | |
| Efficiency (ROA) | 11.3% ROA vs MMLP's -3.9%, ROIC 9.9% vs 8.0% |
MMLP vs MPLX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
MMLP vs MPLX — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
MPLX leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
MPLX is the larger business by revenue, generating $12.5B annually — 17.6x MMLP's $711M. MPLX is the more profitable business, keeping 37.5% of every revenue dollar as net income compared to MMLP's -2.8%. On growth, MPLX holds the edge at +5.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $711M | $12.5B |
| EBITDAEarnings before interest/tax | $91M | $7.0B |
| Net IncomeAfter-tax profit | -$20M | $4.7B |
| Free Cash FlowCash after capex | $15M | $5.0B |
| Gross MarginGross profit ÷ Revenue | +22.3% | +60.0% |
| Operating MarginEBIT ÷ Revenue | +5.8% | +44.9% |
| Net MarginNet income ÷ Revenue | -2.8% | +37.5% |
| FCF MarginFCF ÷ Revenue | +2.2% | +39.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | -2.5% | +5.2% |
| EPS Growth (YoY)Latest quarter vs prior year | -5.6% | -100.0% |
Valuation Metrics
MMLP leads this category, winning 4 of 4 comparable metrics.
Valuation Metrics
On an enterprise value basis, MMLP's 6.4x EV/EBITDA is more attractive than MPLX's 13.2x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $94M | $56.5B |
| Enterprise ValueMkt cap + debt − cash | $619M | $80.5B |
| Trailing P/EPrice ÷ TTM EPS | -6.51x | 11.55x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 12.57x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 6.38x | 13.17x |
| Price / SalesMarket cap ÷ Revenue | 0.13x | 4.78x |
| Price / BookPrice ÷ Book value/share | — | 3.90x |
| Price / FCFMarket cap ÷ FCF | 6.73x | 13.78x |
Profitability & Efficiency
MPLX leads this category, winning 5 of 7 comparable metrics.
Profitability & Efficiency
On the Piotroski fundamental quality scale (0–9), MPLX scores 6/9 vs MMLP's 3/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | — | +32.8% |
| ROA (TTM)Return on assets | -3.9% | +11.3% |
| ROICReturn on invested capital | +8.0% | +9.9% |
| ROCEReturn on capital employed | +11.4% | +12.9% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 6 |
| Debt / EquityFinancial leverage | — | 1.80x |
| Net DebtTotal debt minus cash | $525M | $24.0B |
| Cash & Equiv.Liquid assets | $49,000 | $2.1B |
| Total DebtShort + long-term debt | $525M | $26.2B |
| Interest CoverageEBIT ÷ Interest expense | 0.72x | 5.85x |
Total Returns (Dividends Reinvested)
MPLX leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MPLX five years ago would be worth $25,772 today (with dividends reinvested), compared to $10,866 for MMLP. Over the past 12 months, MPLX leads with a +20.0% total return vs MMLP's -19.0%. The 3-year compound annual growth rate (CAGR) favors MPLX at 24.7% vs MMLP's -0.5% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -10.6% | +5.3% |
| 1-Year ReturnPast 12 months | -19.0% | +20.0% |
| 3-Year ReturnCumulative with dividends | -1.4% | +93.9% |
| 5-Year ReturnCumulative with dividends | +8.7% | +157.7% |
| 10-Year ReturnCumulative with dividends | -59.9% | +179.5% |
| CAGR (3Y)Annualised 3-year return | -0.5% | +24.7% |
Risk & Volatility
MPLX leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
MPLX is the less volatile stock with a 0.18 beta — it tends to amplify market swings less than MMLP's 0.39 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MPLX currently trades 92.8% from its 52-week high vs MMLP's 68.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.39x | 0.18x |
| 52-Week HighHighest price in past year | $3.54 | $59.98 |
| 52-Week LowLowest price in past year | $2.21 | $47.80 |
| % of 52W HighCurrent price vs 52-week peak | +68.1% | +92.8% |
| RSI (14)Momentum oscillator 0–100 | 39.8 | 46.5 |
| Avg Volume (50D)Average daily shares traded | 18K | 1.8M |
Analyst Outlook
MPLX leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates MMLP as "Buy" and MPLX as "Buy". For income investors, MPLX offers the higher dividend yield at 7.08% vs MMLP's 0.85%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | — | $60.25 |
| # AnalystsCovering analysts | 11 | 28 |
| Dividend YieldAnnual dividend ÷ price | +0.9% | +7.1% |
| Dividend StreakConsecutive years of raises | 2 | 3 |
| Dividend / ShareAnnual DPS | $0.02 | $3.94 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.7% |
MPLX leads in 5 of 6 categories (Income & Cash Flow, Profitability & Efficiency). MMLP leads in 1 (Valuation Metrics).
MMLP vs MPLX: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is MMLP or MPLX a better buy right now?
For growth investors, MPLX Lp (MPLX) is the stronger pick with 8.
4% revenue growth year-over-year, versus 1. 2% for Martin Midstream Partners L. P. (MMLP). MPLX Lp (MPLX) offers the better valuation at 11. 5x trailing P/E (12. 6x forward), making it the more compelling value choice. Analysts rate Martin Midstream Partners L. P. (MMLP) a "Buy" — based on 11 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — MMLP or MPLX?
Over the past 5 years, MPLX Lp (MPLX) delivered a total return of +157.
7%, compared to +8. 7% for Martin Midstream Partners L. P. (MMLP). Over 10 years, the gap is even starker: MPLX returned +179. 5% versus MMLP's -59. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — MMLP or MPLX?
By beta (market sensitivity over 5 years), MPLX Lp (MPLX) is the lower-risk stock at 0.
18β versus Martin Midstream Partners L. P. 's 0. 39β — meaning MMLP is approximately 111% more volatile than MPLX relative to the S&P 500.
04Which is growing faster — MMLP or MPLX?
By revenue growth (latest reported year), MPLX Lp (MPLX) is pulling ahead at 8.
4% versus 1. 2% for Martin Midstream Partners L. P. (MMLP). On earnings-per-share growth, the picture is similar: MPLX Lp grew EPS 14. 5% year-over-year, compared to -184. 6% for Martin Midstream Partners L. P.. Over a 3-year CAGR, MPLX leads at 3. 9% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — MMLP or MPLX?
MPLX Lp (MPLX) is the more profitable company, earning 41.
6% net margin versus -2. 0% for Martin Midstream Partners L. P. — meaning it keeps 41. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MPLX leads at 40. 3% versus 6. 5% for MMLP. At the gross margin level — before operating expenses — MPLX leads at 45. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Which pays a better dividend — MMLP or MPLX?
All stocks in this comparison pay dividends.
MPLX Lp (MPLX) offers the highest yield at 7. 1%, versus 0. 9% for Martin Midstream Partners L. P. (MMLP).
07Is MMLP or MPLX better for a retirement portfolio?
For long-horizon retirement investors, MPLX Lp (MPLX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
18), 7. 1% yield, +179. 5% 10Y return). Both have compounded well over 10 years (MPLX: +179. 5%, MMLP: -59. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
08What are the main differences between MMLP and MPLX?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: MMLP is a small-cap quality compounder stock; MPLX is a mid-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.