Martin Midstream Partners L.P. logo
Martin Midstream Partners L.P. MMLP
$ 2.15 0.23%
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Quarterly report 2026-Q2
added 07-27-2026

Martin Midstream Partners L.P. Financial Ratios 2025-2008 | MMLP

Brief overview of Martin Midstream Partners L.P.'s valuation multiples

Ratios are assessed across five available annual reports in the 2012–2018 interval.

Market valuation is represented by P/E 12.09x (median 16.06x), EV/EBITDA 6.14x (median 5.63x), P/S 0.13x (median 0.59x). Multiples are on average 49.4% below their own medians. Shares look cheaper than their recent historical valuation.

The inverse P/E implies an earnings yield of 8.3%. This is not a dividend yield, but current earnings relative to market price.

Returns on assets and capital are represented by ROE 17.2%, ROA -2.8%, ROCE -57%. Negative returns point to losses or poor capital efficiency. Valuation multiples are less informative in this setting.

The cash conversion cycle is 18.5 days versus 26.3 days initially. Turnover changed little.

Conclusion

Martin Midstream Partners L.P.'s discount may reflect genuine profitability issues rather than market inefficiency alone.

Annual Financial Ratios Martin Midstream Partners L.P.

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

P/E

- - - - - - -0.6 12.1 35.6 21.4 16.1 -78.9 -86.6 8.0 29.0 - - -

P/S

- - - - - - 0.1 0.5 0.6 0.8 0.6 0.6 0.7 0.5 0.6 - - -

EPS

-0.4 -0.1 -0.1 -0.3 -0.0 -0.2 -4.4 1.1 0.4 0.7 0.6 -0.5 -0.5 4.0 0.9 - - -

EV (Enterprise Value)

608 M 609 M 574 M 658 M 628 M 622 M 813 M 1.3 B 1.56 B 1.61 B 1.6 B 1.99 B 1.98 B 1.46 B 1.37 B 499 M -5.96 M -7.98 M

EBITDA per Share

- - - - - - 3.06 3.13 3.86 5.54 4.9 4.55 5.08 4.96 4.33 - - -

EV/EBITDA

6.1 5.6 4.9 6.1 5.5 5.6 5.7 9.8 9.7 7.6 8.6 13.0 13.3 11.1 13.8 5.9 -0.1 -

PEG

- - - - - -0.1 0.0 0.08 -0.71 -1.21 0.05 13.89 0.78 0.03 0.8 - - -

P/CF

- - - - - - 2.5 9.9 22.0 9.6 5.3 29.5 58.0 -13.3 65.6 - - -

ROE %

17.19 7.39 7.04 17.38 0.44 14.45 - - - - - - - - - 10.07 - -

ROA %

-2.82 -0.97 -0.89 -1.73 -0.04 -1.17 -26.22 4.27 1.37 2.54 2.78 -0.75 -1.22 10.07 2.56 3.51 - -

ROCE %

-56.99 -81.34 -103.25 -86.24 -119.24 -99.21 10.38 4.81 5.54 9.19 6.40 5.13 8.97 8.85 5.26 17.59 - -

Current Ratio

0.9 0.9 0.9 0.9 0.9 0.9 1.7 1.9 1.8 1.7 1.4 1.8 1.7 1.8 1.2 1.5 - -

DSO

28.5 27.6 30.4 29.3 28.3 38.0 45.3 36.7 50.5 40.7 30.1 33.7 39.9 50.8 44.3 19.5 - -

DIO

58.4 58.7 71.9 50.3 39.8 59.7 41.3 40.8 50.8 53.5 37.7 24.0 25.6 28.3 28.8 - - -

DPO

68.4 69.6 56.1 40.6 41.8 59.7 42.8 30.3 48.4 45.5 40.4 33.9 38.6 41.2 67.0 - - -

Operating Cycle

86.9 86.2 102.3 79.7 68.1 97.7 86.6 77.5 101.3 94.2 67.9 57.7 65.6 79.1 73.1 19.6 - -

Cash Conversion Cycle

18.5 16.7 46.2 39.1 26.3 38.0 43.8 47.2 53.0 48.7 27.5 23.8 26.9 37.8 6.1 19.6 - -

All numbers in USD currency

Quarterly Financial Ratios Martin Midstream Partners L.P.

2026-Q2 2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q3 2024-Q2 2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

EPS

0.07 -0.17 -0.21 -0.06 -0.03 -0.08 0.09 0.08 -0.03 0.03 -0.13 - -0.71 0.17 0.29 - -0.17 -0.17 0.06 - -0.27 -0.06 0.22 - 0.33 -4.82 -0.09 - 1 -0.18 0.33 - -0.42 0.03 0.36 - -0.03 -0.14 0.33 - -0.02 0.19 0.37 - -0.82 -0.03 0.43 - 0.01 0.33 0.61 - 3.07 - - - - - -

ROE %

17.77 22.15 20.26 3.56 -5.00 -4.81 -11.92 2.48 55.16 32.11 3.59 -4.28 6.50 -27.92 -12.17 18.05 23.52 35.83 27.59 14.45 -9.37 -69.06 454.42 483.33 502.57 553.94 24.18 19.30 24.25 4.03 5.93 5.27 4.83 9.99 9.27 9.81 12.42 19.88 24.65 19.55 16.24 10.46 5.73 1.35 1.42 8.22 12.38 9.95 30.13 32.86 32.86 26.47 28.36 11.26 11.02 7.54 1.89 3.08 2.57

ROA %

-2.89 -3.57 -2.91 -0.55 0.55 0.54 1.35 -0.29 -5.40 -3.19 -4.53 -3.59 -4.74 -0.27 0.17 -1.83 -2.27 -3.01 -2.25 -1.17 0.27 4.12 -24.15 -26.22 -26.98 -25.00 3.24 5.18 6.45 1.18 1.68 1.37 1.30 2.52 2.35 2.54 3.39 5.51 6.85 5.58 4.53 2.95 1.67 0.42 0.44 2.31 3.13 2.36 9.49 10.46 10.87 9.35 9.92 3.71 3.50 2.26 0.57 0.92 0.77

ROCE %

-58.39 -57.15 -69.12 -95.23 -104.27 -106.79 -113.34 -105.97 -56.20 -103.22 -143.05 -115.98 -128.69 -164.31 -130.04 -63.03 -88.48 -99.26 -101.31 -99.21 -123.57 -170.41 -167.27 -160.53 -105.76 -33.54 -18.14 15.62 19.88 16.51 18.61 19.37 18.87 23.30 22.94 22.75 17.53 17.64 19.34 17.81 16.82 16.48 15.20 13.97 20.46 22.62 26.27 31.28 27.48 27.15 25.16 20.63 18.81 17.49 16.30 16.00 3.22 4.18 5.22

Current Ratio

0.9 0.8 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 - 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 1.4 1.4 1.4 1.4 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.5 1.5 1.5 1.5 1.3 1.3 1.3 1.3 1.6 1.6 1.6 1.6 1.5 1.4 1.4 1.4

DSO

30.4 30.5 30.5 30.8 31.9 32.3 26.9 29.9 30.3 30.3 28.5 - 15.3 14.4 27.5 - 28.2 29.8 26.8 26.7 31.6 34.2 32.1 32.9 44.8 42.5 32.5 28.5 32.5 35.0 31.8 32.0 50.7 50.5 33.8 31.0 42.1 38.6 31.3 26.7 30.0 27.0 31.2 32.5 32.5 30.4 28.1 32.0 41.6 41.7 37.3 38.3 49.1 52.1 43.7 35.4 40.1 44.4 -

DIO

46.6 49.2 56.0 52.6 44.5 54.4 49.3 48.8 55.7 59.8 60.8 - 40.7 15.8 30.9 - 59.7 47.4 36.9 - 63.9 78.0 48.9 - 61.9 56.1 43.9 - 51.6 54.1 43.4 - 71.3 73.2 - - - - - - - - - - - - - - - - - - - - - - - - -

DPO

60.5 62.8 63.1 65.0 60.5 72.5 65.9 60.5 55.6 53.7 43.8 - 22.2 22.5 39.2 - 45.3 48.1 43.0 - 61.2 74.8 48.9 - 64.1 58.1 38.5 - 39.2 41.2 37.5 - 67.9 69.6 - - - - - - - - - - - - - - - - - - - - - - - - -

Operating Cycle

- - - - - - - - - 90.2 89.3 - 56.0 30.1 58.5 - 87.9 77.2 63.7 26.7 95.4 112.2 81.0 32.9 106.7 98.6 76.3 28.5 84.1 89.1 75.2 32.0 122.0 123.6 33.8 31.0 42.1 38.6 31.3 26.7 30.0 27.0 31.2 32.5 32.5 30.4 28.1 32.0 41.6 41.7 37.3 38.3 49.1 52.1 43.7 35.4 40.1 44.4 -

Cash Conversion Cycle

- - - - - - - - - 36.4 45.5 - 33.8 7.7 19.2 - 42.6 29.1 20.7 26.7 34.2 37.4 32.1 32.9 42.5 40.5 37.8 28.5 44.9 47.9 37.8 32.0 54.1 54.0 33.8 31.0 42.1 38.6 31.3 26.7 30.0 27.0 31.2 32.5 32.5 30.4 28.1 32.0 41.6 41.7 37.3 38.3 49.1 52.1 43.7 35.4 40.1 44.4 -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Martin Midstream Partners L.P., allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

Financial Ratios of other stocks in the Oil gas midstream industry

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Global Partners LP Global Partners LP
GLP
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Hess Midstream LP Hess Midstream LP
HESM
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MPLX LP MPLX LP
MPLX
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Navigator Holdings Ltd. Navigator Holdings Ltd.
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ONEOK ONEOK
OKE
$ 96.12 0.39 % $ 60.1 B usaUSA
Plains All American Pipeline, L.P. Plains All American Pipeline, L.P.
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Plains GP Holdings, L.P. Plains GP Holdings, L.P.
PAGP
$ 27.9 0.2 % $ 5.52 B usaUSA
Star Group, L.P. Star Group, L.P.
SGU
$ 12.76 0.09 % $ 437 M usaUSA
Scorpio Tankers Scorpio Tankers
STNG
$ 85.5 1.16 % $ 3.98 B monacoMonaco
Teekay Corporation Teekay Corporation
TK
$ 14.13 1.99 % $ 1.22 B bermudaBermuda
Teekay Tankers Ltd. Teekay Tankers Ltd.
TNK
$ 99.61 0.14 % $ 3.45 B bermudaBermuda
Targa Resources Corp. Targa Resources Corp.
TRGP
$ 286.99 0.74 % $ 62 B usaUSA
TORM plc TORM plc
TRMD
$ 35.39 0.88 % $ 3.48 B britainBritain
TC Energy Corporation TC Energy Corporation
TRP
$ 61.37 0.8 % $ 63.8 B canadaCanada
Brooge Energy Limited Brooge Energy Limited
BROG
- 13.04 % $ 478 M britainBritain
Viper Energy Partners LP Viper Energy Partners LP
VNOM
$ 44.72 0.02 % $ 4.2 B usaUSA
Western Midstream Partners, LP Western Midstream Partners, LP
WES
$ 48.03 1.74 % $ 19.8 B usaUSA
The Williams Companies The Williams Companies
WMB
$ 71.97 0.01 % $ 87.9 B usaUSA
Equitrans Midstream Corporation Equitrans Midstream Corporation
ETRN
- - $ 5.39 B usaUSA
Green Plains Partners LP Green Plains Partners LP
GPP
- - $ 286 M usaUSA
Höegh LNG Partners LP Höegh LNG Partners LP
HMLP
- 0.05 % $ 308 M bermudaBermuda
Overseas Shipholding Group Overseas Shipholding Group
OSG
- - $ 666 M usaUSA
PBF Logistics LP PBF Logistics LP
PBFX
- -1.19 % $ 1.35 B usaUSA
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SHLX
- - $ 6.22 B usaUSA
Summit Midstream Partners, LP Summit Midstream Partners, LP
SMLP
- - $ 167 M usaUSA
Evolve Transition Infrastructure LP Evolve Transition Infrastructure LP
SNMP
- -0.75 % $ 11.2 M usaUSA
U.S. Well Services U.S. Well Services
USWS
- -0.45 % $ 91 M usaUSA
NuStar Energy L.P. NuStar Energy L.P.
NS
- - $ 2.78 B usaUSA
EnLink Midstream, LLC EnLink Midstream, LLC
ENLC
- - $ 6.52 B usaUSA
Magellan Midstream Partners, L.P. Magellan Midstream Partners, L.P.
MMP
- - $ 13.9 B usaUSA
Blueknight Energy Partners, L.P. Blueknight Energy Partners, L.P.
BKEP
- - $ 195 M usaUSA
Crestwood Equity Partners LP Crestwood Equity Partners LP
CEQP
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Rattler Midstream LP Rattler Midstream LP
RTLR
- 2.95 % $ 545 M usaUSA
Noble Midstream Partners LP Noble Midstream Partners LP
NBLX
- - $ 1.37 B usaUSA
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ALTM
- -0.79 % $ 1.07 B usaUSA
Enable Midstream Partners, LP Enable Midstream Partners, LP
ENBL
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OMP
- 2.48 % $ 1.08 B usaUSA
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PSXP
- -2.33 % $ 7.93 B usaUSA
DCP Midstream, LP DCP Midstream, LP
DCP
- -0.02 % $ 8.7 B usaUSA
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HEP
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