Navios Maritime Partners L.P. (NMM) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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NMM Revenue Growth
Revenue Breakdown
NMM's revenue distribution by segment and geography
By Geography
NMM Revenue Analysis (2013–2024)
As of May 8, 2026, Navios Maritime Partners L.P. (NMM) generated trailing twelve-month (TTM) revenue of $1.31 billion, reflecting modest growth of +1.8% year-over-year. The most recent quarter (Q3 2025) recorded $346.9 million in revenue, up 5.9% sequentially.
Looking at the longer-term picture, NMM's 5-year compound annual growth rate (CAGR) stands at +43.5%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $1.33 billion in 2024, representing a new all-time high.
When compared to Industrials sector peers including SBLK (-17.6% YoY), GNK (+30336.5% YoY), and DSX (-5.4% YoY), NMM has underperformed the peer group in terms of revenue growth. Compare NMM vs SBLK →
NMM Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| NMMCurrent | $1.3B | +1.8% | +43.5% | 33.6% | |
 SBLK | $1.0B | -17.6% | +8.5% | 13.5% | |
 GNK | $342M | +30336.5% | -0.8% | 2.7% | |
 DSX | $228M | -5.4% | +0.7% | 25.8% | |
 SB | $308M | -13.7% | +9.2% | 36.4% | |
 TNK | $952M | -26.3% | +1.4% | 22.6% |
NMM Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $1.33B | +2.1% | $882.0M | 66.1% | $447.7M | 33.6% |
| 2023 | $1.31B | +8.0% | $859.4M | 65.8% | $447.2M | 34.2% |
| 2022 | $1.21B | +69.7% | $517.3M | 42.7% | $450.1M | 37.2% |
| 2021 | $713.2M | +214.5% | $343.5M | 48.2% | $302.0M | 42.4% |
| 2020 | $226.8M | +3.4% | $55.6M | 24.5% | $31.6M | 13.9% |
| 2019 | $219.4M | -5.2% | $78.6M | 35.8% | $19.8M | 9.0% |
| 2018 | $231.4M | +9.3% | $88.0M | 38.0% | $69.5M | 30.0% |
| 2017 | $211.7M | +11.1% | $60.3M | 28.5% | $43.1M | 20.4% |
| 2016 | $190.5M | -14.8% | $26.9M | 14.1% | $14.5M | 7.6% |
| 2015 | $223.7M | -1.6% | $80.0M | 35.8% | $72.1M | 32.2% |
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Start ComparisonNMM — Frequently Asked Questions
Quick answers to the most common questions about buying NMM stock.
Is NMM's revenue growth accelerating or slowing?
NMM revenue growth slowed to +1.8%, below the 5-year CAGR of +43.5%. TTM revenue is $1.3B. The deceleration marks a shift from historical growth rates.
What is NMM's long-term revenue growth rate?
Navios Maritime Partners L.P.'s 5-year revenue CAGR of +43.5% reflects the variable expansion pattern. Current YoY growth of +1.8% is near this long-term average.
How is NMM's revenue distributed by segment?
NMM reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.