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MARKETS / NASDAQ / MMLP
NASDAQ · WHOLESALE-PETROLEUM BULK STATIONS & TERMINALS · MID CAP

Martin Midstream Partners L.p. MMLP

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$716.1M
▲ 1.2% YoY
$-14.7M
$21.4M
▲ 236.7% YoY
In brief

What this company does

Martin Midstream Partners L.P. is a publicly traded limited partnership with a diverse set of operations focused primarily in the Gulf Coast region of the United States. Sales to Martin Resource Management Corporation accounted for approximately 15% of the Partnership's total revenues for each of the years ended December 31, 2025 and 2024. The Partnership's four primary business lines are terminalling, processing, and storage services for petroleum products and by-products; land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; sulfur and sulfur-based products processing, manufacturing, marketing, and distribution; and marketing, distribution, and transportation services for natural gas liquids and blending and packaging services for specialty lubricants and grease. The Terminalling and Storage business line owns or operates 12 marine shore-based terminal facilities and 8 specialty terminal facilities located primarily in the Gulf Coast region of the U.S., with aggregate storage capacity of 2.6 million barrels. The Transportation business line operates a fleet of land and marine transportation assets, including approximately 590 trucks and 1,230 tank trailers based across 25 terminals in the U.S. Gulf Coast and southeastern U.S. The Sulfur Services business line processes and distributes sulfur produced by oil refineries located primarily in the Gulf Coast region of the U.S. The Specialty Products business line owns and operates facilities that blend and package private label agricultural, automotive, and industrial lubricants and manufacture and package commercial and industrial greases, and it sells and distributes NGLs purchased primarily from refineries and natural gas processors. The Partnership was formed in 2002 by Martin Resource Management Corporation, a privately-held company whose initial predecessor was incorporated in 1951 as a supplier of products and services to drilling rig contractors.

Written from the business description in MARTIN MIDSTREAM PARTNERS L.P.'s annual report to the U.S. Securities and Exchange Commission, filed 23 February 2026. Every sentence was checked against that document before publication.

Growth
USD 716.1M
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 0.7 · Net income -0.0
0.8B1.6B200920112013201520172019202120232025
Compound annual growth
−11.1%
+1.3%
−3.6%
−1.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +1.3% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−2 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 6.8% · Net -2.1%
5%-10%-20%200920112013201520172019202120232025
ROE

Not available in our data for this period.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 21.4
40.0M80.0M-25.0M-50.0M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2023 · Dividends — · Net buybacks 0.0
-80M-160M20092011201320152017201920212023

Total assetsUSD 522.4M
CashUSD 49,000.00
Gross debtUSD 428.0M
Net debtUSD 428.0M
Current ratio1.05×

Not available: we don't have the shareholders' equity figure for this period.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.70.70.81.00.90.70.81.01.00.81.01.61.61.51.30.90.7
Operating income $B0.00.10.10.10.10.00.10.00.00.10.10.10.10.10.00.00.0
EBITDA $B0.10.10.10.10.10.10.10.10.10.20.20.10.10.10.10.10.1
Income tax $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.20.10.00.00.0−0.0−0.00.10.00.00.0
Free cash flow $B0.00.00.1−0.00.00.00.00.10.00.10.10.00.0−0.10.00.00.0
EPS, diluted $·················
Dividend / sh $·················
Payout %·················
ROE %·················

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 49 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 29 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityWholesale-Petroleum Bulk Stations & Terminals
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2009

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