Last 48 quarters of trend data · Energy · Oil & Gas Midstream
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
EV/EBITDA has compressed 67.7% YoY to 2.0x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -6.59 | — | — | — | — | — | — | — | 8.52 | 7.78 | 46.15 | — | 19.76 |
| — | — | — | — | — | — | — | — | -56.9% | — | — | — | +237.6% | |
| P/S Ratio | 0.13 | 0.14 | 0.15 | 0.18 | 0.16 | 0.18 | 0.20 | 0.21 | 0.17 | 0.14 | 0.13 | 0.15 | 0.11 |
| — | -21.0% | -28.1% | -14.9% | -6.7% | +32.2% | +57.8% | +35.9% | +59.7% | +26.6% | +7.7% | +6.2% | -26.2% | |
| P/B Ratio | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/FCF | 6.81 | — | 1.79 | — | 1.12 | — | 1.02 | — | — | — | 1.17 | — | 0.52 |
| — | — | +76.1% | — | — | — | -13.1% | — | — | — | +7.3% | — | — | |
| EV / EBITDA | 6.39 | 1.96 | 6.38 | 8.05 | 5.52 | 6.07 | 8.19 | 6.66 | 4.82 | 4.81 | 4.94 | 5.63 | 4.73 |
| — | -67.7% | -22.2% | +20.9% | +14.5% | +26.1% | +66.0% | +18.4% | +1.9% | -5.5% | -11.4% | -95.3% | +1.8% | |
| EV / EBIT | 13.23 | 5.23 | 12.61 | 21.93 | 10.63 | 11.86 | 28.04 | 14.54 | 8.21 | 8.57 | 8.36 | 10.86 | 8.52 |
| — | -55.9% | -55.0% | +50.8% | +29.5% | +38.4% | +235.3% | +33.9% | -3.7% | -40.6% | -30.4% | — | +4.7% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Martin Midstream Partners L.P.'s operating margin was 4.1% in Q1 2026, down 2.9 pp QoQ and down 3.4 pp YoY. The trailing four-quarter average of 5.8% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 78.9% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 12.4% | 9.9% | 12.8% | 9.3% | 56.5% | 46.8% | 50.7% | 51.1% | 51.5% | 50.1% | 15.3% | 50.2% | 43.9% |
| — | -78.9% | -74.8% | -81.7% | +9.8% | -6.5% | +231.6% | +1.8% | +17.4% | +33.3% | -57.5% | +81.6% | +23.0% | |
| Operating Margin | 6.5% | 4.1% | 7.0% | 3.9% | 8.2% | 7.5% | 4.0% | 7.4% | 10.8% | 9.9% | 9.3% | 8.3% | 8.9% |
| — | -45.2% | +75.4% | -48.0% | -23.7% | -24.4% | -57.4% | -11.1% | +21.9% | +38.2% | +37.2% | +255.8% | +10.1% | |
| Net Margin | -2.0% | -3.6% | -1.6% | -4.9% | -1.3% | -0.5% | -5.2% | -1.9% | 2.0% | 1.8% | 0.3% | -0.6% | 0.6% |
| — | -571.4% | +68.8% | -156.8% | -165.0% | -129.6% | -1963.8% | -215.6% | +270.7% | +187.0% | +281.7% | +95.1% | -77.7% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| ROA | -2.7% | -1.3% | -0.5% | -1.6% | -0.5% | -0.2% | -1.6% | -0.6% | 0.7% | 0.6% | 0.1% | -0.2% | 0.2% |
| — | -562.2% | +66.4% | -169.3% | -163.6% | -130.1% | -1740.5% | -183.2% | +249.1% | +171.9% | +263.2% | +95.3% | -81.1% | |
| ROIC | 8.0% | 2.9% | 2.2% | 1.2% | 2.6% | 2.4% | 1.1% | 2.1% | 3.4% | 3.2% | 3.0% | 2.6% | 3.0% |
| — | +18.1% | +91.1% | -42.9% | -24.9% | -23.1% | -62.1% | -20.0% | +14.2% | +13.5% | +20.9% | +242.1% | -10.7% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Martin Midstream Partners L.P.'s Debt/EBITDA ratio is 2.6x, down from 21.4x last quarter — at a moderate level that warrants monitoring. The current ratio has weakened 6.6% YoY to 1.26x, tightening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Debt / EBITDA | 5.41 | 2.59 | 21.36 | 25.90 | 17.91 | 19.12 | 25.69 | 21.03 | 15.44 | 15.99 | 16.54 | 18.50 | 16.13 |
| — | -86.5% | -16.9% | +23.2% | +16.0% | +19.6% | +55.4% | +13.6% | -4.3% | -5.2% | -10.0% | -95.3% | +12.5% | |
| Current Ratio | 1.05 | 1.26 | 1.05 | 1.20 | 1.13 | 1.35 | 1.13 | 1.57 | 1.27 | 1.25 | 1.14 | 1.38 | 1.32 |
| — | -6.6% | -7.4% | -23.4% | -10.8% | +8.0% | -0.6% | +13.5% | -4.1% | -26.3% | -40.3% | +84.9% | -17.8% | |
| Quick Ratio | 0.64 | 0.84 | 0.64 | 0.72 | 0.70 | 0.89 | 0.68 | 1.11 | 0.84 | 0.80 | 0.70 | 0.87 | 0.75 |
| — | -5.3% | -5.9% | -35.3% | -17.0% | +10.5% | -2.7% | +28.5% | +13.0% | -10.0% | -23.3% | +178.8% | -7.6% | |
| Interest Coverage | 0.83 | 0.55 | 0.86 | 0.47 | 0.98 | 0.99 | 0.41 | 0.79 | 1.33 | 1.24 | 1.20 | 0.93 | 1.09 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying MMLP stock.
Martin Midstream Partners L.P.'s current P/E is -6.6x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Martin Midstream Partners L.P.'s current operating margin is 6.5%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Martin Midstream Partners L.P.'s business trajectory between earnings reports.