Navios Maritime Partners L.P.(NMM)Earnings, Financials & Key Ratios
NMM•NYSE
$73.25
$2.11B mkt cap·6.1× P/E·Price updated May 6, 2026
AboutNavios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as provides its vessels under short, medium, and longer-term charters. It operates a fleet of 26 Panamax vessels, 24 Capesize vessels, four Ultra-Handymax vessels, 47 containerships, and 45 tankers. Olympos Maritime Ltd. serves as the general partner of Navios Maritime Partners L.P. The company was founded in 2007 and is based in Monaco.Show more
- Revenue$1.33B+2.1%
- EBITDA$663M-1.6%
- Net Income$367M-15.3%
- EPS (Diluted)11.98-14.9%
- Gross Margin66.11%+0.5%
- EBITDA Margin49.73%-3.6%
- Operating Margin33.56%-1.9%
- Net Margin27.53%-17.0%
- ROE12.5%-26.3%
- ROIC8.29%-8.3%
- Debt/Equity0.46-2.9%
- Interest Coverage3.59+7.4%
NMM Key Insights
Navios Maritime Partners L.P. (NMM) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 7/9
- ✓Momentum leader: RS Rating 82 (top 18%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 43.5%
- ✓Good 3Y average ROE of 19.2%
- ✓Healthy 5Y average net margin of 30.1%
✗Weaknesses
- ✗Negative free cash flow
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NMM Price & Volume
Navios Maritime Partners L.P. (NMM) stock price & volume — 10-year historical chart
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NMM Growth Metrics
Navios Maritime Partners L.P. (NMM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years19.36%
5 Years43.48%
3 Years23.21%
TTM-1.33%
Profit CAGR
10 Years17.24%
5 Years-
3 Years-10.72%
TTM-35.42%
EPS CAGR
10 Years-1.51%
5 Years-
3 Years-18.73%
TTM-33.61%
Return on Capital
10 Years6.58%
5 Years9.68%
3 Years10.32%
Last Year9%
NMM Recent Earnings
Navios Maritime Partners L.P. (NMM) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 8/12 qtrs (67%)
Q1 2026Latest
Feb 19, 2026EPS
$3.40
Est $2.38
+42.9%
Revenue
$366M
Est $316M
+15.7%
Q4 2025
Nov 18, 2025EPS
$2.83
Est $2.54
+11.4%
Revenue
$347M
Est $315M
+10.0%
Q3 2025
Aug 21, 2025EPS
$2.15
Est $1.74
+23.6%
Revenue
$328M
Est $323M
+1.3%
Q2 2025
May 7, 2025EPS
$1.58
Est $1.62
-2.5%
Revenue
$304M
Est $310M
-1.8%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 19, 2026 | $3.40vs $2.38+42.9% | $366Mvs $316M+15.7% |
| Q4 2025 | Nov 18, 2025 | $2.83vs $2.54+11.4% | $347Mvs $315M+10.0% |
| Q3 2025 | Aug 21, 2025 | $2.15vs $1.74+23.6% | $328Mvs $323M+1.3% |
| Q2 2025 | May 7, 2025 | $1.58vs $1.62-2.5% | $304Mvs $310M-1.8% |
Based on last 12 quarters of dataView full earnings history →
NMM Peer Comparison
Navios Maritime Partners L.P. (NMM) competitors in Shipping Asset Owners and Lessors — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 SBLK | 3.1B | 26.90 | 36.85 | -17.62% | 8.07% | 3.44% | 0.44 | |
 GNK | 1.1B | 25.50 | -255 | -19.14% | 8.12% | 4.19% | 0.22 | |
 DSX | 336.8M | 2.69 | 45.75 | -12.93% | 11.18% | 4.89% | 1.26 | |
 SB | 728.6M | 6.92 | 8.34 | 8.17% | 16.78% | 5.58% | 0.65 | |
 TNK | 2.76B | 79.37 | 7.86 | -22.58% | 36.9% | 17.18% | 0.03 | |
 STNG | 4.27B | 82.56 | 11.74 | -24.58% | 36.7% | 11.3% | 0.19 | |
 NAT | 1.22B | 5.77 | 26.23 | -10.71% | 0.68% | 0.41% | 0.53 | |
 INSW | 4.24B | 85.77 | 13.77 | -11.38% | 36.67% | 16.02% | 0.29 |
Compare NMM vs Peers
Navios Maritime Partners L.P. (NMM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NMM Income Statement
Navios Maritime Partners L.P. (NMM) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 190.52M | 211.65M | 231.36M | 219.38M | 226.77M | 713.17M | 1.21B | 1.31B | 1.33B | 1.31B |
| Revenue Growth % | -14.82% | 11.09% | 9.31% | -5.18% | 3.37% | 214.49% | 69.74% | 7.96% | 2.08% | -1.33% |
| Cost of Goods Sold | 163.63M | 151.4M | 143.41M | 140.76M | 171.15M | 369.67M | 693.23M | 447.5M | 452.07M | 568.23M |
| COGS % of Revenue | 85.89% | 71.53% | 61.98% | 64.16% | 75.47% | 51.83% | 57.27% | 34.24% | 33.89% | - |
| Gross Profit | 26.89M▲ 0% | 60.25M▲ 124.1% | 87.95M▲ 46.0% | 78.62M▼ 10.6% | 55.62M▼ 29.2% | 343.51M▲ 517.6% | 517.3M▲ 50.6% | 859.39M▲ 66.1% | 882M▲ 2.6% | 742.88M▲ 0% |
| Gross Margin % | 14.11% | 28.47% | 38.02% | 35.84% | 24.53% | 48.17% | 42.73% | 65.76% | 66.11% | 56.66% |
| Gross Profit Growth % | -66.39% | 124.06% | 45.97% | -10.61% | -29.25% | 517.55% | 50.59% | 66.13% | 2.63% | - |
| Operating Expenses | 12.35M | 17.16M | 18.46M | 20.98M | 117.74M | 232.91M | 379.2M | 412.21M | 434.32M | 373.73M |
| OpEx % of Revenue | 6.48% | 8.11% | 7.98% | 9.57% | 51.92% | 32.66% | 31.33% | 31.54% | 32.56% | - |
| Selling, General & Admin | 12.35M | 17.16M | 18.46M | 20.98M | 24.01M | 41.46M | 67.18M | 412.21M | 434.32M | 373.73M |
| SG&A % of Revenue | 6.48% | 8.11% | 7.98% | 9.57% | 10.59% | 5.81% | 5.55% | 31.54% | 32.56% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 93.73M | 191.45M | 312.02M | 0 | 0 | 0 |
| Operating Income | 14.54M▲ 0% | 43.09M▲ 196.3% | 69.49M▲ 61.3% | 19.8M▼ 71.5% | 31.61M▲ 59.7% | 302.05M▲ 855.5% | 450.12M▲ 49.0% | 447.17M▼ 0.7% | 447.67M▲ 0.1% | 369.15M▲ 0% |
| Operating Margin % | 7.63% | 20.36% | 30.04% | 9.03% | 13.94% | 42.35% | 37.18% | 34.22% | 33.56% | 28.16% |
| Operating Income Growth % | -79.82% | 196.35% | 61.28% | -71.51% | 59.66% | 855.48% | 49.02% | -0.65% | 0.11% | - |
| EBITDA | 113.29M | 123.02M | 134.01M | 80.35M | 98.95M | 430.61M | 684.77M | 673.91M | 663.42M | 693.15M |
| EBITDA Margin % | 59.46% | 58.12% | 57.92% | 36.63% | 43.64% | 60.38% | 56.57% | 51.57% | 49.73% | 52.87% |
| EBITDA Growth % | -23.45% | 8.59% | 8.93% | -40.04% | 23.16% | 335.15% | 59.03% | -1.59% | -1.56% | -2.83% |
| D&A (Non-Cash Add-back) | 98.75M | 79.93M | 64.51M | 60.55M | 67.34M | 128.56M | 234.65M | 226.74M | 215.75M | 323.99M |
| EBIT | -21.3M | 22.68M | 25.73M | 23.17M | -45.52M | 554.03M | 662.34M | 567.29M | 439.56M | 373.2M |
| Net Interest Income | -30.71M | -34.95M | -38.36M | -39.08M | -23.52M | -41.9M | -82.23M | -122.94M | -110.73M | -121.06M |
| Interest Income | 541K | 3.28M | 4.41M | 6.17M | 639K | 859K | 856K | 10.7M | 13.8M | 13.09M |
| Interest Expense | 31.25M | 38.23M | 42.77M | 45.25M | 24.16M | 42.76M | 83.09M | 133.64M | 124.53M | 134.15M |
| Other Income/Expense | -67.09M | -57.94M | -82.58M | -81.93M | -100.15M | 209.23M | 129.13M | -13.53M | -80.36M | -106.42M |
| Pretax Income | -52.55M▲ 0% | -14.85M▲ 71.7% | -13.08M▲ 11.9% | -62.13M▼ 375.0% | -68.54M▼ 10.3% | 511.27M▲ 845.9% | 579.25M▲ 13.3% | 433.64M▼ 25.1% | 367.31M▼ 15.3% | 262.73M▲ 0% |
| Pretax Margin % | -27.58% | -7.02% | -5.65% | -28.32% | -30.22% | 71.69% | 47.85% | 33.18% | 27.53% | 20.04% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -52.55M▲ 0% | -15.09M▲ 71.3% | -13.08M▲ 13.3% | -62.13M▼ 375.0% | -68.54M▼ 10.3% | 516.19M▲ 853.1% | 579.25M▲ 12.2% | 433.64M▼ 25.1% | 367.31M▼ 15.3% | 261.55M▲ 0% |
| Net Margin % | -27.58% | -7.13% | -5.65% | -28.32% | -30.22% | 72.38% | 47.85% | 33.18% | 27.53% | 19.95% |
| Net Income Growth % | -225.7% | 71.28% | 13.31% | -374.99% | -10.31% | 853.11% | 12.22% | -25.14% | -15.3% | -35.42% |
| Net Income (Continuing) | -52.55M | -14.85M | -13.08M | -62.13M | -68.54M | 511.27M | 579.25M | 433.64M | 367.31M | 262.73M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 3.13M | 5.46M | 5.8M | 4.3M | 2.82M | 26.01M | 37.47M | 46.02M | 0 | 56.77M |
| EPS (Diluted) | -9.30▲ 0% | -1.65▲ 82.3% | -1.21▲ 26.7% | -5.85▼ 383.5% | -6.25▼ 6.8% | 22.32▲ 457.1% | 18.82▼ 15.7% | 14.08▼ 25.2% | 11.98▼ 14.9% | 9.03▲ 0% |
| EPS Growth % | -229.17% | 82.26% | 26.67% | -383.47% | -6.84% | 457.12% | -15.68% | -25.19% | -14.91% | -33.61% |
| EPS (Basic) | -9.48 | -1.71 | -1.21 | -5.85 | -6.25 | 22.36 | 18.82 | 14.08 | 11.98 | - |
| Diluted Shares Outstanding | 5.65M | 9.15M | 10.82M | 10.83M | 10.97M | 22.66M | 30.16M | 30.18M | 30.03M | 28.97M |
| Basic Shares Outstanding | 5.54M | 8.84M | 10.82M | 10.83M | 10.97M | 22.62M | 30.16M | 30.18M | 30.03M | 28.97M |
| Dividend Payout Ratio | - | - | - | - | - | 0.88% | 1.04% | 1.42% | 1.67% | - |
NMM Balance Sheet
Navios Maritime Partners L.P. (NMM) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 56.35M | 60.31M | 111.11M | 75.99M | 60.78M | 226.34M | 310.42M | 399.75M | 442.99M | 476.32M |
| Cash & Short-Term Investments | 17.36M | 24.05M | 58.59M | 23.35M | 19.3M | 159.47M | 157.81M | 287.38M | 282.45M | 381.57M |
| Cash Only | 17.36M | 24.05M | 58.59M | 23.35M | 30.73M | 159.47M | 157.81M | 240.38M | 270.17M | 360.51M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47M | 12.29M | 20.48M |
| Accounts Receivable | 29.66M | 29.47M | 47.76M | 11.29M | 22.6M | 29.34M | 87.72M | 50.74M | 75.74M | 33.49M |
| Days Sales Outstanding | 56.82 | 50.82 | 75.35 | 18.79 | 36.38 | 15.02 | 26.45 | 14.17 | 20.72 | 11.54 |
| Inventory | 220K | 220K | 1M | 6.28M | 6.27M | 21.07M | 32.67M | 37.57M | 32.79M | 0 |
| Days Inventory Outstanding | 0.49 | 0.53 | 2.56 | 16.29 | 13.37 | 20.81 | 17.2 | 30.64 | 26.48 | 5.27 |
| Other Current Assets | 9.08M | 6.56M | 3.62M | 35.06M | 12.32M | 13.63M | 23.39M | 16.71M | 46.43M | 61.26M |
| Total Non-Current Assets | 1.21B | 1.24B | 1.2B | 1.18B | 1.15B | 3.4B | 4.59B | 4.75B | 5.23B | 5.45B |
| Property, Plant & Equipment | 1.04B | 1.1B | 1.04B | 1.08B | 1.04B | 3.1B | 4.1B | 4.44B | 4.93B | 4.53B |
| Fixed Asset Turnover | 0.18x | 0.19x | 0.22x | 0.20x | 0.22x | 0.23x | 0.30x | 0.29x | 0.27x | 0.28x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 18.95M | 8.08M | 4.33M | 3.17M | 2M | 100.42M | 78.72M | 60.43M | 42.31M | 4.78M |
| Long-Term Investments | 1.26M | 52.12M | 66.3M | 25.73M | 26.16M | 35.24M | 41.4M | 39.57M | 0 | 7.14M |
| Other Non-Current Assets | 125M | 2.78M | 5.63M | 8.16M | 105.35M | 199.63M | 406.19M | 208.04M | 257.94M | 2.23B |
| Total Assets | 1.27B▲ 0% | 1.31B▲ 2.9% | 1.31B▲ 0.7% | 1.25B▼ 4.6% | 1.21B▼ 3.7% | 3.62B▲ 200.1% | 4.9B▲ 35.1% | 5.15B▲ 5.1% | 5.67B▲ 10.2% | 5.92B▲ 0% |
| Asset Turnover | 0.15x | 0.16x | 0.18x | 0.18x | 0.19x | 0.20x | 0.25x | 0.25x | 0.24x | 0.23x |
| Asset Growth % | -6.05% | 2.89% | 0.68% | -4.61% | -3.69% | 200.12% | 35.12% | 5.14% | 10.21% | 36.72% |
| Total Current Liabilities | 98.95M | 54.25M | 52.33M | 79.78M | 253.25M | 395.5M | 617.74M | 459.6M | 409.67M | 463.02M |
| Accounts Payable | 766K | 1.1M | 4.84M | 4.58M | 5.47M | 17.44M | 25.36M | 24.02M | 16.96M | 14.59M |
| Days Payables Outstanding | 1.71 | 2.65 | 12.32 | 11.87 | 11.67 | 17.22 | 13.35 | 19.59 | 13.69 | 10.06 |
| Short-Term Debt | 74.03M | 26.59M | 25.11M | 59.78M | 195.56M | 172.85M | 174.14M | 146.34M | 163.23M | 262.94M |
| Deferred Revenue (Current) | 17.2M | 15.14M | 15.26M | 4.5M | 3.19M | 23.92M | 38.88M | 63.31M | 66.21M | 139.14M |
| Other Current Liabilities | 2.51M | 2.62M | -1.4M | 9.16M | 35.98M | 76.77M | 120.13M | 51.62M | 0 | 158.83M |
| Current Ratio | 0.57x | 1.11x | 2.12x | 0.95x | 0.24x | 0.57x | 0.50x | 0.87x | 1.08x | 1.08x |
| Quick Ratio | 0.57x | 1.11x | 2.10x | 0.87x | 0.22x | 0.52x | 0.45x | 0.79x | 1.00x | 1.00x |
| Cash Conversion Cycle | 55.61 | 48.7 | 65.59 | 23.2 | 38.08 | 18.6 | 30.3 | 25.22 | 33.51 | 6.75 |
| Total Non-Current Liabilities | 489.42M | 483.35M | 485.05M | 445.71M | 299.19M | 1.46B | 1.94B | 1.92B | 2.16B | 2.23B |
| Long-Term Debt | 449.75M | 466.88M | 458.56M | 346.45M | 228.54M | 640.94M | 689.69M | 751.78M | 917.1M | 2.16B |
| Capital Lease Obligations | 0 | 0 | 0 | 13.15M | 11.98M | 225.51M | 271.26M | 240.6M | 215M | 820.23M |
| Deferred Tax Liabilities | 0 | -16.47M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 11.11M | 0 | 22.12M | 82.79M | 56.48M | 588.11M | 923.91M | 861.22M | 969.32M | 2.77B |
| Total Liabilities | 588.37M | 537.59M | 537.38M | 525.5M | 552.44M | 1.85B | 2.55B | 2.38B | 2.57B | 2.69B |
| Total Debt | 523.78M | 493.46M | 483.67M | 420.44M | 500.01M | 1.14B | 1.39B | 1.31B | 1.42B | 2.64B |
| Net Debt | 506.42M | 469.42M | 425.07M | 397.08M | 456.13M | 980.41M | 1.23B | 1.07B | 1.15B | 2.28B |
| Debt / Equity | 0.77x | - | - | 0.58x | 0.76x | 0.64x | 0.59x | 0.47x | 0.46x | 0.46x |
| Debt / EBITDA | 4.62x | 4.01x | 3.61x | 5.23x | 5.05x | 2.65x | 2.03x | 1.94x | 2.15x | 3.81x |
| Net Debt / EBITDA | 4.47x | 3.82x | 3.17x | 4.94x | 4.61x | 2.28x | 1.80x | 1.58x | 1.74x | 1.74x |
| Interest Coverage | 0.47x | 1.13x | 1.62x | 0.44x | 1.31x | 7.06x | 5.42x | 3.35x | 3.59x | 2.78x |
| Total Equity | 683.34M▲ 0% | -12.21M▼ 101.8% | -311.18M▼ 2447.7% | 728.02M▲ 334.0% | 657.65M▼ 9.7% | 1.77B▲ 169.1% | 2.34B▲ 32.4% | 2.77B▲ 18.2% | 3.11B▲ 12.1% | 3.23B▲ 0% |
| Equity Growth % | -7.2% | -101.79% | -2447.72% | 333.96% | -9.67% | 169.1% | 32.39% | 18.25% | 12.13% | 38.03% |
| Book Value per Share | 120.93 | -1.34 | -28.75 | 67.22 | 59.97 | 78.09 | 77.69 | 91.78 | 103.45 | 111.64 |
| Total Shareholders' Equity | 680.21M | -17.68M | -316.98M | 728.02M | 654.83M | 1.74B | 2.34B | 2.77B | 3.11B | 3.18B |
| Common Stock | 677.08M | 791.67M | 800.37M | 728.02M | 652.01M | 1.74B | 2.34B | 2.77B | 3.11B | 3.18B |
| Retained Earnings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -317.09M | -321.06M | -316.98M | 0 | 0 | 0 | 0 | 0 | 0 | -2.42M |
| Minority Interest | 3.13M | 5.46M | 5.8M | 4.3M | 2.82M | 26.01M | 37.47M | 46.02M | 0 | 56.77M |
NMM Cash Flow Statement
Navios Maritime Partners L.P. (NMM) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 56.53M | 53.93M | 68.32M | 70.39M | 94.09M | 277.17M | 506.34M | 560.32M | 483.48M | 483.48M |
| Operating CF Margin % | 29.67% | 25.48% | 29.53% | 32.09% | 41.49% | 38.86% | 41.83% | 42.87% | 36.24% | - |
| Operating CF Growth % | -54.18% | -4.59% | 26.67% | 3.04% | 33.65% | 194.6% | 82.68% | 10.66% | -13.71% | -10.39% |
| Net Income | -52.55M | -14.85M | -13.08M | -62.13M | -68.54M | 511.27M | 579.25M | 433.64M | 367.31M | 261.55M |
| Depreciation & Amortization | 92.37M | 72.76M | 58.33M | 53.63M | 57.01M | 112.42M | 205.73M | 226.74M | 218.73M | 272M |
| Stock-Based Compensation | 93K | 1.9M | 2.45M | 2.02M | 946K | 523K | 154K | 4K | 0 | 0 |
| Deferred Taxes | 44.55M | 34.57M | 40.44M | 76.75M | 78.84M | -114.46M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -826K | -3.6M | -3.68M | -18.01M | -13.13M | -186M | -204.87M | 24.82M | -86.41M | -150.96M |
| Working Capital Changes | -27.12M | -36.84M | -16.14M | 18.14M | 38.97M | -46.58M | -73.92M | -124.89M | -16.15M | 120.4M |
| Change in Receivables | -6.02M | -6.07M | -315K | 4.65M | -6.5M | 344K | -46.56M | 33.95M | 12.46M | 43.91M |
| Change in Inventory | -15.38M | -30.63M | -17.06M | 10.77M | 49.09M | -65.93M | 0 | 0 | 0 | 0 |
| Change in Payables | 570K | 1.63M | 1.12M | 2.5M | -2.32M | 1.26M | 3.4M | -1.63M | -7.73M | -3.36M |
| Cash from Investing | 5.05M | -187.21M | -67.89M | -17.03M | -83.85M | -106.25M | -316.24M | -253.01M | -782.13M | -512.04M |
| Capital Expenditures | -15.34M | -161.02M | -118.75M | -23.7M | -83.1M | -278.88M | -610.58M | -465.02M | 0 | 533.69M |
| CapEx % of Revenue | 8.05% | 76.08% | 51.33% | 10.8% | 36.65% | 39.1% | 50.44% | 35.58% | 75.49% | - |
| Acquisitions | 0 | -145.64M | -14.46M | -21.17M | -72.42M | 42.68M | 9.86M | 0 | 0 | -175.75M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -450K | 5.63M | 65.33M | 27.83M | 71.67M | 129.95M | 284.48M | 212M | -782.13M | -869.98M |
| Cash from Financing | -70.97M | 139.96M | 31.09M | -84.41M | -9.91M | -32.2M | -184.45M | -233.22M | 349.26M | 75.99M |
| Debt Issued (Net) | -75.62M | 28.35M | 8.42M | -61.69M | -3.2M | -223.88M | -178.28M | -213.02M | 391.15M | 138.74M |
| Equity Issued (Net) | 450K | 1000K | 1000K | -1000K | 1000K | 1000K | 0 | 0 | -1000K | -4M |
| Dividends Paid | 0 | 0 | -10.26M | -13.27M | -7.71M | -4.52M | -6.04M | -6.16M | -6.13M | -6.1M |
| Share Repurchases | 0 | 0 | 0 | -4.5M | 0 | 0 | 0 | 0 | -25M | -43.63M |
| Other Financing | 0 | 10.2M | -1.25M | -4.96M | -1.23M | -12.26M | -124K | -14.04M | -10.76M | -13.02M |
| Net Change in Cash | -9.39M▲ 0% | 6.69M▲ 171.2% | 31.52M▲ 371.4% | -31.05M▼ 198.5% | 326K▲ 101.0% | 138.72M▲ 42451.5% | 5.65M▼ 95.9% | 74.08M▲ 1210.6% | 50.61M▼ 31.7% | 67.13M▲ 0% |
| Free Cash Flow | 41.19M▲ 0% | -107.09M▼ 360.0% | -50.44M▲ 52.9% | 46.7M▲ 192.6% | 10.98M▼ 76.5% | -1.71M▼ 115.5% | -104.24M▼ 6006.6% | 95.3M▲ 191.4% | -523.65M▼ 649.5% | 29.55M▲ 0% |
| FCF Margin % | 21.62% | -50.6% | -21.8% | 21.29% | 4.84% | -0.24% | -8.61% | 7.29% | -39.25% | 2.25% |
| FCF Growth % | 268.38% | -360.01% | 52.9% | 192.58% | -76.48% | -115.54% | -6006.56% | 191.42% | -649.49% | 111.69% |
| FCF per Share | 7.29 | -11.71 | -4.66 | 4.31 | 1.00 | -0.08 | -3.46 | 3.16 | -17.44 | -17.44 |
| FCF Conversion (FCF/Net Income) | -1.08x | -3.57x | -5.22x | -1.13x | -1.37x | 0.54x | 0.87x | 1.29x | 1.32x | 0.11x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 65.54M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
NMM Key Ratios
Navios Maritime Partners L.P. (NMM) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -7.4% | -4.5% | - | -29.81% | -9.89% | 42.53% | 28.17% | 16.96% | 12.5% | 8.09% |
| Return on Invested Capital (ROIC) | 0.87% | 3.92% | 18.25% | 2.4% | 2.11% | 11.69% | 10.67% | 9.05% | 8.29% | 8.29% |
| Gross Margin | 14.11% | 28.47% | 38.02% | 35.84% | 24.53% | 48.17% | 42.73% | 65.76% | 66.11% | 56.66% |
| Net Margin | -27.58% | -7.13% | -5.65% | -28.32% | -30.22% | 72.38% | 47.85% | 33.18% | 27.53% | 19.95% |
| Debt / Equity | 0.77x | - | - | 0.58x | 0.76x | 0.64x | 0.59x | 0.47x | 0.46x | 0.46x |
| Interest Coverage | 0.47x | 1.13x | 1.62x | 0.44x | 1.31x | 7.06x | 5.42x | 3.35x | 3.59x | 2.78x |
| FCF Conversion | -1.08x | -3.57x | -5.22x | -1.13x | -1.37x | 0.54x | 0.87x | 1.29x | 1.32x | 0.11x |
| Revenue Growth | -14.82% | 11.09% | 9.31% | -5.18% | 3.37% | 214.49% | 69.74% | 7.96% | 2.08% | -1.33% |
NMM Frequently Asked Questions
Navios Maritime Partners L.P. (NMM) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Navios Maritime Partners L.P. (NMM) reported $1.31B in revenue for fiscal year 2024. This represents a 14103% increase from $9.2M in 2005.
Navios Maritime Partners L.P. (NMM) grew revenue by 2.1% over the past year. Growth has been modest.
Yes, Navios Maritime Partners L.P. (NMM) is profitable, generating $261.5M in net income for fiscal year 2024 (27.5% net margin).
Dividend & Returns
Yes, Navios Maritime Partners L.P. (NMM) pays a dividend with a yield of 0.28%. This makes it attractive for income-focused investors.
Navios Maritime Partners L.P. (NMM) has a return on equity (ROE) of 12.5%. This is reasonable for most industries.
Navios Maritime Partners L.P. (NMM) generated $29.6M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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Navios Maritime Partners L.P. (NMM) financial analysis — history, returns, DCA and operating performance tools
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