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MARTIN MIDSTREAM PARTNERS LP (MMLP) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:MMLP - US5733311055

2.62 USD
-0.02 (-0.95%)
Last: 11/24/2025, 12:03:45 PM
Fundamental Rating

2

Overall MMLP gets a fundamental rating of 2 out of 10. We evaluated MMLP against 210 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of MMLP have multiple concerns. 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.
MMLP had a positive operating cash flow in the past year.
MMLP had negative earnings in each of the past 5 years.
MMLP had a positive operating cash flow in each of the past 5 years.
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

Looking at the Return On Assets, with a value of -3.98%, MMLP is doing worse than 74.76% of the companies in the same industry.
MMLP has a Return On Invested Capital of 7.90%. This is in the better half of the industry: MMLP outperforms 71.90% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MMLP is significantly below the industry average of 21.28%.
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

The Operating Margin of MMLP (5.78%) is worse than 65.24% of its industry peers.
In the last couple of years the Operating Margin of MMLP has grown nicely.
With a decent Gross Margin value of 55.78%, MMLP is doing good in the industry, outperforming 64.29% of the companies in the same industry.
In the last couple of years the Gross Margin of MMLP has grown nicely.
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

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MMLP is destroying value.
The number of shares outstanding for MMLP has been increased compared to 1 year ago.
MMLP has more shares outstanding than it did 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.
Looking at the Debt to FCF ratio, with a value of 11.04, MMLP is in line with its industry, outperforming 53.33% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 11.04
Altman-Z N/A
ROIC/WACC0.72
WACC10.97%
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

MMLP has a Current Ratio of 1.20. This is a normal value and indicates that MMLP is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.20, MMLP is in line with its industry, outperforming 53.81% of the companies in the same industry.
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.
MMLP has a worse Quick ratio (0.72) 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

The earnings per share for MMLP have decreased strongly by -600.00% in the last year.
MMLP shows a decrease in Revenue. In the last year, the revenue decreased by -0.58%.
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.
MMLP is valuated rather expensively with a Price/Forward Earnings ratio of 17.12.
MMLP's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of MMLP to the average of the S&P500 Index (34.42), we can say MMLP is valued rather cheaply.
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

68.57% of the companies in the same industry are more expensive than MMLP, based on the Enterprise Value to EBITDA ratio.
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 5.93
MMLP Per share dataMMLP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15

4.3 Compensation for Growth

MMLP's 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 0.75%, MMLP is not a good candidate for dividend investing.
The stock price of MMLP dropped by -23.33% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 5.90, MMLP is paying slightly less dividend.
With a Dividend Yield of 0.75, MMLP pays less dividend than the S&P500 average, which is at 2.41.
Industry RankSector Rank
Dividend Yield 0.75%

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

MMLP has negative earnings and hence a negative payout ratio. The dividend may be in danger.
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 (11/24/2025, 12:03:45 PM)

2.62

-0.02 (-0.95%)

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 Owners43.68%
Inst Owner Change2.31%
Ins Owners2.56%
Ins Owner Change30.65%
Market Cap102.34M
Revenue(TTM)713.26M
Net Income(TTM)-20.29M
Analysts43.33
Price Target4.08 (55.73%)
Short Float %0.13%
Short Ratio1.46
Dividend
Industry RankSector Rank
Dividend Yield 0.75%
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 5.93
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
WACC10.97%
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.