Last 48 quarters of trend data · Industrials · Marine Shipping
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Navios Maritime Partners L.P.'s quarterly P/E stands at 4.6x, down 34.8% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has expanded 128.8% YoY to 7.8x, reflecting rising market expectations or slowing EBITDA growth.
| 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 → | 7.32 | 4.63 | 3.29 | 5.93 | 4.03 | 7.11 | 3.46 | 4.89 | 3.87 | 4.48 | 1.63 | 1.99 | 1.50 |
| — | -34.8% | -5.0% | +21.1% | +4.1% | +58.7% | +112.7% | +146.2% | +158.3% | +139.1% | -3.8% | +170.7% | -0.3% | |
| P/S Ratio | 1.49 | 1.38 | 1.05 | 0.94 | 0.85 | 0.95 | 0.97 | 1.40 | 1.13 | 1.01 | 0.64 | 0.55 | 0.48 |
| — | +44.8% | +8.7% | -33.0% | -24.4% | -5.5% | +50.5% | +154.7% | +136.8% | +68.3% | +22.1% | -4.0% | -23.2% | |
| P/B Ratio | 0.62 | 0.57 | 0.46 | 0.40 | 0.35 | 0.37 | 0.42 | 0.63 | 0.52 | 0.45 | 0.30 | 0.27 | 0.25 |
| — | +55.0% | +11.1% | -36.2% | -33.4% | -18.2% | +36.3% | +134.5% | +106.2% | +48.7% | -7.5% | — | — | |
| P/FCF | — | 9.14 | — | 1.48 | — | 12.10 | — | — | — | 74.64 | 3.73 | — | 2.61 |
| — | -24.5% | — | — | — | -83.8% | — | — | — | — | -61.3% | — | +53.3% | |
| EV / EBITDA | 5.37 | 7.84 | 4.16 | 4.57 | 4.54 | 3.43 | 3.29 | 4.02 | 3.57 | 3.74 | 3.84 | 2.52 | 4.52 |
| — | +128.8% | +26.4% | +13.9% | +27.0% | -8.4% | -14.4% | +59.1% | -21.0% | +37.9% | -19.6% | -0.6% | +83.5% | |
| EV / EBIT | 10.16 | 7.84 | 6.72 | 9.97 | 8.41 | 6.61 | 5.62 | 6.45 | 5.65 | 6.39 | 6.30 | 3.77 | 6.40 |
| — | +18.7% | +19.7% | +54.6% | +48.8% | +3.4% | -10.8% | +71.0% | -11.7% | +51.7% | -7.3% | -6.1% | +91.2% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Navios Maritime Partners L.P.'s operating margin was 35.2% in Q1 2026, down 0.6 pp QoQ and up 8.4 pp YoY. The trailing four-quarter average of 31.4% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 5.0% YoY, indicating pricing power or improving input costs.
| 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 | 64.5% | 68.5% | 68.7% | 60.0% | 65.8% | 65.2% | 66.6% | 67.5% | 66.3% | 63.9% | 64.9% | 65.9% | 67.2% |
| — | +5.0% | +3.2% | -11.1% | -0.8% | +2.1% | +2.7% | +2.5% | -1.3% | -1.7% | -2.7% | +0.0% | -7.7% | |
| Operating Margin | 29.1% | 35.2% | 35.7% | 25.9% | 28.9% | 26.8% | 32.7% | 35.2% | 35.4% | 30.7% | 33.1% | 34.2% | 37.5% |
| — | +31.2% | +9.3% | -26.4% | -18.2% | -12.7% | -1.1% | +3.0% | -5.7% | -3.4% | -11.0% | -6.4% | -9.4% | |
| Net Margin | 21.2% | 29.8% | 32.1% | 15.9% | 20.9% | 13.4% | 27.9% | 28.1% | 29.1% | 22.6% | 39.6% | 27.8% | 31.7% |
| — | +121.8% | +15.1% | -43.4% | -28.1% | -40.5% | -29.7% | +1.2% | -8.4% | -29.6% | +26.9% | -64.5% | -23.1% |
| 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 | 8.9% | 3.1% | 3.6% | 1.7% | 2.2% | 1.3% | 3.0% | 3.2% | 3.4% | 2.6% | 4.8% | 3.4% | 4.4% |
| — | +139.8% | +18.0% | -46.6% | -37.1% | -48.9% | -36.9% | -6.3% | -21.3% | -37.7% | -51.1% | — | — | |
| ROA | 4.9% | 1.8% | 2.0% | 0.9% | 1.2% | 0.7% | 1.7% | 1.8% | 1.9% | 1.4% | 2.5% | 1.8% | 2.2% |
| — | +148.8% | +19.8% | -46.9% | -37.3% | -48.3% | -35.0% | -1.9% | -16.2% | -32.0% | +6.1% | -69.9% | -29.6% | |
| ROIC | 6.1% | 1.8% | 1.8% | 1.3% | 1.5% | 1.5% | 1.9% | 2.2% | 2.2% | 1.7% | 2.0% | 1.9% | 2.3% |
| — | +20.6% | -6.1% | -42.0% | -31.7% | -13.5% | -2.1% | +15.4% | -2.1% | -0.7% | -38.3% | -79.1% | -65.7% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Navios Maritime Partners L.P.'s Debt/EBITDA ratio is 18.9x, up from 11.2x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 43.7% YoY to 1.45x, strengthening the short-term liquidity position. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.
| 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 | 0.71 | 0.69 | 0.71 | 0.82 | 0.77 | 0.42 | 0.46 | 0.49 | 0.50 | 0.51 | 0.77 | 0.46 | 1.13 |
| — | +65.1% | +55.1% | +67.5% | +53.7% | -17.6% | -40.4% | +6.1% | -55.8% | +11.7% | -41.3% | — | — | |
| Debt / EBITDA | 3.21 | 18.95 | 11.25 | 13.48 | 13.95 | 8.37 | 7.67 | 7.66 | 7.66 | 8.66 | 12.02 | 7.36 | 15.92 |
| — | +126.3% | +46.7% | +76.1% | +82.0% | -3.3% | -36.2% | +4.0% | -51.9% | +18.9% | -24.6% | +10.2% | +145.4% | |
| Current Ratio | 1.13 | 1.45 | 1.13 | 1.03 | 1.09 | 1.01 | 1.08 | 1.13 | 0.69 | 0.89 | 0.87 | 0.83 | 0.83 |
| — | +43.7% | +4.0% | -8.9% | +58.1% | +13.3% | +24.3% | +36.0% | -16.4% | +37.9% | +73.1% | +106.8% | -12.5% | |
| Quick Ratio | 1.13 | 1.45 | 1.13 | 1.03 | 1.09 | 1.01 | 1.00 | 1.13 | 0.69 | 0.89 | 0.79 | 0.83 | 0.81 |
| — | +43.7% | +12.4% | -8.9% | +58.1% | +13.3% | +27.1% | +36.0% | -14.4% | +37.9% | +75.3% | +141.3% | -6.2% | |
| Interest Coverage | 2.90 | 4.10 | 3.95 | 2.59 | 2.83 | 2.43 | 3.35 | 3.68 | 4.02 | 3.33 | 3.29 | 3.47 | 3.90 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying NMM stock.
Navios Maritime Partners L.P.'s current P/E is 7.3x. The average P/E over the last 4 quarters is 4.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Navios Maritime Partners L.P.'s current operating margin is 29.1%. Margins have been expanding 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 Navios Maritime Partners L.P.'s business trajectory between earnings reports.