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MARTIN MIDSTREAM PARTNERS LP (MMLP) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:MMLP - US5733311055

2.62 USD
+0.02 (+0.77%)
Last: 12/24/2025, 1:30:01 PM
Fundamental Rating

2

MMLP gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 210 industry peers in the Oil, Gas & Consumable Fuels industry. MMLP may be in some trouble as it scores bad on both profitability and health. MMLP is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

In the past year MMLP has reported negative net income.
In the past year MMLP had a positive cash flow from operations.
In the past 5 years MMLP always reported negative net income.
Each year in the past 5 years MMLP had a positive operating cash flow.
MMLP Yearly Net Income VS EBIT VS OCF VS FCFMMLP Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M

1.2 Ratios

With a Return On Assets value of -3.98%, MMLP is not doing good in the industry: 74.76% of the companies in the same industry are doing better.
With a decent Return On Invested Capital value of 7.90%, MMLP is doing good in the industry, outperforming 73.81% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MMLP is significantly below the industry average of 21.09%.
Industry RankSector Rank
ROA -3.98%
ROE N/A
ROIC 7.9%
ROA(3y)-1.17%
ROA(5y)-0.94%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.45%
ROIC(5y)9.59%
MMLP Yearly ROA, ROE, ROICMMLP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 200 300 400

1.3 Margins

MMLP's Operating Margin of 5.78% is on the low side compared to the rest of the industry. MMLP is outperformed by 63.81% of its industry peers.
MMLP's Operating Margin has improved in the last couple of years.
MMLP has a Gross Margin of 55.78%. This is in the better half of the industry: MMLP outperforms 64.76% of its industry peers.
MMLP's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 5.78%
PM (TTM) N/A
GM 55.78%
OM growth 3Y6.76%
OM growth 5Y2.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y13.59%
GM growth 5Y6.77%
MMLP Yearly Profit, Operating, Gross MarginsMMLP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

2

2. Health

2.1 Basic Checks

MMLP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, MMLP has more shares outstanding
The number of shares outstanding for MMLP has been increased compared to 5 years ago.
Compared to 1 year ago, MMLP has an improved debt to assets ratio.
MMLP Yearly Shares OutstandingMMLP Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
MMLP Yearly Total Debt VS Total AssetsMMLP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

MMLP has a debt to FCF ratio of 11.04. This is a negative value and a sign of low solvency as MMLP would need 11.04 years to pay back of all of its debts.
The Debt to FCF ratio of MMLP (11.04) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 11.04
Altman-Z N/A
ROIC/WACC0.72
WACC10.98%
MMLP Yearly LT Debt VS Equity VS FCFMMLP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

2.3 Liquidity

A Current Ratio of 1.20 indicates that MMLP should not have too much problems paying its short term obligations.
MMLP has a Current ratio of 1.20. This is comparable to the rest of the industry: MMLP outperforms 53.81% of its industry peers.
MMLP has a Quick Ratio of 1.20. This is a bad value and indicates that MMLP is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of MMLP (0.72) is worse than 64.29% of its industry peers.
Industry RankSector Rank
Current Ratio 1.2
Quick Ratio 0.72
MMLP Yearly Current Assets VS Current LiabilitesMMLP Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

0

3. Growth

3.1 Past

MMLP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -600.00%.
Looking at the last year, MMLP shows a decrease in Revenue. The Revenue has decreased by -0.58% in the last year.
The Revenue has been decreasing by -3.53% on average over the past years.
EPS 1Y (TTM)-600%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-162.5%
Revenue 1Y (TTM)-0.58%
Revenue growth 3Y-7.09%
Revenue growth 5Y-3.53%
Sales Q2Q%-1.3%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y217.69%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.8%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
MMLP Yearly Revenue VS EstimatesMMLP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
MMLP Yearly EPS VS EstimatesMMLP Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2023 2024 2025 0 -1 -2 -3 -4

4

4. Valuation

4.1 Price/Earnings Ratio

MMLP reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 17.12, the valuation of MMLP can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MMLP is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.03, MMLP is valued a bit cheaper.
Industry RankSector Rank
PE N/A
Fwd PE 17.12
MMLP Price Earnings VS Forward Price EarningsMMLP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

MMLP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MMLP is cheaper than 69.05% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MMLP is valued cheaper than 96.19% of the companies in the same industry.
Industry RankSector Rank
P/FCF 2.56
EV/EBITDA 5.91
MMLP Per share dataMMLP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

2

5. Dividend

5.1 Amount

With a yearly dividend of 0.83%, MMLP is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.95, MMLP is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 1.87, MMLP's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.83%

5.2 History

The dividend of MMLP decreases each year by -56.17%.
MMLP has paid a dividend for at least 10 years, which is a reliable track record.
MMLP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-56.17%
Div Incr Years0
Div Non Decr Years3
MMLP Yearly Dividends per shareMMLP Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

The earnings of MMLP are negative and hence is the payout ratio. MMLP will probably not be able to sustain this dividend level.
DP-3.92%
EPS Next 2YN/A
EPS Next 3YN/A
MMLP Yearly Income VS Free CF VS DividendMMLP Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M

MARTIN MIDSTREAM PARTNERS LP

NASDAQ:MMLP (12/24/2025, 1:30:01 PM)

2.62

+0.02 (+0.77%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)10-15 2025-10-15/amc
Earnings (Next)02-10 2026-02-10/amc
Inst Owners43.78%
Inst Owner Change2.31%
Ins Owners2.56%
Ins Owner Change5.76%
Market Cap102.34M
Revenue(TTM)713.26M
Net Income(TTM)-20.29M
Analysts43.33
Price Target4.08 (55.73%)
Short Float %0.12%
Short Ratio1.14
Dividend
Industry RankSector Rank
Dividend Yield 0.83%
Yearly Dividend0.02
Dividend Growth(5Y)-56.17%
DP-3.92%
Div Incr Years0
Div Non Decr Years3
Ex-Date11-07 2025-11-07 (0.005)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-651.47%
Min EPS beat(2)-1129.41%
Max EPS beat(2)-173.53%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-12.63%
Min Revenue beat(2)-14.11%
Max Revenue beat(2)-11.16%
Revenue beat(4)1
Avg Revenue beat(4)-7.87%
Min Revenue beat(4)-14.11%
Max Revenue beat(4)0.87%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 17.12
P/S 0.14
P/FCF 2.56
P/OCF 1.55
P/B N/A
P/tB N/A
EV/EBITDA 5.91
EPS(TTM)-0.5
EYN/A
EPS(NY)0.15
Fwd EY5.84%
FCF(TTM)1.02
FCFY39.08%
OCF(TTM)1.69
OCFY64.35%
SpS18.26
BVpS-2.12
TBVpS-2.54
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -3.98%
ROE N/A
ROCE 10%
ROIC 7.9%
ROICexc 7.9%
ROICexgc 8.23%
OM 5.78%
PM (TTM) N/A
GM 55.78%
FCFM 5.61%
ROA(3y)-1.17%
ROA(5y)-0.94%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.45%
ROIC(5y)9.59%
ROICexc(3y)10.45%
ROICexc(5y)9.61%
ROICexgc(3y)10.89%
ROICexgc(5y)10.01%
ROCE(3y)13.22%
ROCE(5y)12.14%
ROICexgc growth 3Y3.24%
ROICexgc growth 5Y4.86%
ROICexc growth 3Y3.15%
ROICexc growth 5Y4.78%
OM growth 3Y6.76%
OM growth 5Y2.8%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y13.59%
GM growth 5Y6.77%
F-Score3
Asset Turnover1.4
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 11.04
Debt/EBITDA 4.8
Cap/Depr 51.06%
Cap/Sales 3.62%
Interest Coverage 0.77
Cash Conversion 71.67%
Profit Quality N/A
Current Ratio 1.2
Quick Ratio 0.72
Altman-Z N/A
F-Score3
WACC10.98%
ROIC/WACC0.72
Cap/Depr(3y)66.6%
Cap/Depr(5y)54.93%
Cap/Sales(3y)4.3%
Cap/Sales(5y)3.8%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-600%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-162.5%
EPS Next Y217.69%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-0.58%
Revenue growth 3Y-7.09%
Revenue growth 5Y-3.53%
Sales Q2Q%-1.3%
Revenue Next Year0.8%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-37.56%
EBIT growth 3Y-0.82%
EBIT growth 5Y-0.84%
EBIT Next Year81.49%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-62.8%
FCF growth 3Y-31.34%
FCF growth 5Y-32.48%
OCF growth 1Y-52.63%
OCF growth 3Y10.64%
OCF growth 5Y-8.6%

MARTIN MIDSTREAM PARTNERS LP / MMLP FAQ

What is the ChartMill fundamental rating of MARTIN MIDSTREAM PARTNERS LP (MMLP) stock?

ChartMill assigns a fundamental rating of 2 / 10 to MMLP.


Can you provide the valuation status for MARTIN MIDSTREAM PARTNERS LP?

ChartMill assigns a valuation rating of 4 / 10 to MARTIN MIDSTREAM PARTNERS LP (MMLP). This can be considered as Fairly Valued.


Can you provide the profitability details for MARTIN MIDSTREAM PARTNERS LP?

MARTIN MIDSTREAM PARTNERS LP (MMLP) has a profitability rating of 3 / 10.


What is the earnings growth outlook for MARTIN MIDSTREAM PARTNERS LP?

The Earnings per Share (EPS) of MARTIN MIDSTREAM PARTNERS LP (MMLP) is expected to grow by 217.69% in the next year.