Martin Midstream Partners L.P. (MMLP) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MMLP Revenue Growth
Revenue Breakdown (FY 2025)
MMLP's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MMLP Revenue Analysis (2014–2025)
As of May 7, 2026, Martin Midstream Partners L.P. (MMLP) generated trailing twelve-month (TTM) revenue of $711.2 million, reflecting slight decline in growth of -2.5% year-over-year. The most recent quarter (Q1 2026) recorded $187.7 million in revenue, up 7.7% sequentially.
Looking at the longer-term picture, MMLP's 5-year compound annual growth rate (CAGR) stands at +1.3%, indicating moderate growth over time. The company achieved its highest annual revenue of $1.64 billion in 2014.
Revenue diversification analysis shows MMLP's business is primarily driven by Product (36%), Specialty Products (23%), and Transportation (19%).
When compared to Energy sector peers including CAPL (+15.0% YoY), GEL (-29.3% YoY), and NGL (-41.9% YoY), MMLP has underperformed the peer group in terms of revenue growth. Compare MMLP vs CAPL →
MMLP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MMLPCurrent | $711M | -2.5% | +1.3% | 6.5% | |
 CAPL | $3.7B | +15.0% | +13.6% | 5.6% | |
 GEL | $1.6B | -29.3% | -2.2% | 15.8% | |
 NGL | $3.5B | -41.9% | -14.5% | 9.5% | |
 MPLX | $11.8B | +12.1% | +7.1% | 40.3% | |
 USAC | $998M | +12.2% | +8.4% | 31.9% |
MMLP Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $716.1M | +1.2% | $88.9M | 12.4% | $46.9M | 6.5% |
| 2024 | $707.6M | -11.3% | $359.8M | 50.8% | $57.3M | 8.1% |
| 2023 | $798.0M | -21.7% | $106.2M | 13.3% | $65.4M | 8.2% |
| 2022 | $1.02B | +15.5% | $339.3M | 33.3% | $51.3M | 5.0% |
| 2021 | $882.4M | +31.3% | $292.6M | 33.2% | $57.3M | 6.5% |
| 2020 | $672.1M | -20.7% | $253.8M | 37.8% | $46.5M | 6.9% |
| 2019 | $847.1M | -12.9% | $294.3M | 34.7% | $58.1M | 6.9% |
| 2018 | $972.7M | +2.8% | $211.2M | 21.7% | $44.8M | 4.6% |
| 2017 | $946.1M | +14.3% | $247.3M | 26.1% | $59.8M | 6.3% |
| 2016 | $827.4M | -20.2% | $263.6M | 31.9% | $72.7M | 8.8% |
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Start ComparisonMMLP — Frequently Asked Questions
Quick answers to the most common questions about buying MMLP stock.
Is MMLP's revenue growth accelerating or slowing?
MMLP revenue growth slowed to -2.5%, below the 5-year CAGR of +1.3%. TTM revenue is $711M. The deceleration marks a shift from historical growth rates.
What is MMLP's long-term revenue growth rate?
Martin Midstream Partners L.P.'s 5-year revenue CAGR of +1.3% reflects the variable expansion pattern. Current YoY growth of -2.5% is near this long-term average.
How is MMLP's revenue distributed by segment?
MMLP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.