Martin Midstream Partners L.P. (MMLP) Financial Statements
Industry: Petroleum Bulk Stations & Terminals (Wholesale)
In fiscal 2025, Martin Midstream Partners reported revenue of $716.1M, up 1.2% from $707.6M the year before. Net income was -$14.7M (a -2.1% net margin). Gross margin was 55.5% and operating margin was 6.8%. Operating activities generated $46.1M of cash, leaving $21.4M of free cash flow. At fiscal year end, Martin Midstream Partners held $522.4M in total assets against $608.2M in total liabilities.
Open the full interactive Martin Midstream Partners financials → Quarterly statements, key ratios, valuation history and price charts.
Martin Midstream Partners Key Stats
| Share Price | $2.04 |
|---|---|
| Revenue YoY Growth | +1.2% |
| 52-Week Range | $1.86 – $3.14 |
Martin Midstream Partners Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $672.1M | $882.4M | $1.02B | $798.0M | $707.6M | $716.1M |
| Cost of Goods Sold | $356.9M | $533.1M | $623.3M | $389.7M | $297.0M | $318.6M |
| Gross Profit | $315.2M | $349.3M | $395.6M | $408.3M | $410.6M | $397.5M |
| Operating Income | $46.5M | $57.3M | $51.3M | $66.7M | $57.3M | $48.9M |
| Pre-Tax Income | -$5.0M | $3.2M | -$2.4M | $1.4M | -$1.0M | -$10.0M |
| Income Tax | $1.7M | $3.4M | $7.9M | $5.9M | $4.2M | $4.8M |
| Net Income | -$6.8M | -$211,000 | -$10.3M | -$4.5M | -$5.2M | -$14.7M |
Martin Midstream Partners Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $168.7M | $174.2M | $187.7M | $213.6M |
| Net Income | -$8.4M | -$2.9M | -$6.8M | $2.6M |
Martin Midstream Partners Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Current Assets | $135.6M | $173.7M | $211.1M | $114.3M | $130.5M | $129.9M |
| Total Assets | $579.6M | $579.9M | $598.9M | $509.4M | $538.5M | $522.4M |
| Current Liabilities | $119.4M | $104.1M | $110.9M | $100.6M | $115.5M | $124.1M |
| Total Long-Term Debt | $516.1M | $499.2M | $512.9M | $421.2M | $437.6M | $428.0M |
| Total Liabilities | $626.5M | $627.9M | $658.3M | $574.0M | $608.9M | $608.2M |
| Shareholders' Equity | -$46.9M | -$48.0M | -$59.4M | -$64.6M | -$70.4M | -$85.8M |
Martin Midstream Partners Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $64.8M | $35.7M | $16.1M | $137.5M | $48.4M | $46.1M |
| Cash From Investing | $2.6M | -$19.2M | -$24.6M | -$33.7M | -$58.6M | -$30.0M |
| Cash From Financing | -$65.3M | -$21.4M | $8.5M | -$103.8M | $10.3M | -$16.1M |
| Free Cash Flow | $36.2M | $19.7M | -$11.1M | $103.2M | $6.3M | $21.4M |
Figures from Martin Midstream Partners' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Martin Midstream Partners financials page for every line item.
Martin Midstream Partners Company Profile
| Ticker | MMLP |
|---|---|
| Exchange | Nasdaq |
| Industry | Petroleum Bulk Stations & Terminals (Wholesale) |
| Headquarters | Kilgore, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001176334 |
Frequently Asked Questions
What was Martin Midstream Partners' revenue in fiscal 2025?
Martin Midstream Partners (MMLP) reported revenue of $716.1M for fiscal 2025.
What is Martin Midstream Partners' annual revenue history?
Martin Midstream Partners' annual revenue by fiscal year: 2020: $672.1M; 2021: $882.4M; 2022: $1.02B; 2023: $798.0M; 2024: $707.6M; 2025: $716.1M.
What was Martin Midstream Partners' net income in fiscal 2025?
Martin Midstream Partners reported net income of -$14.7M for fiscal 2025.
How much free cash flow did Martin Midstream Partners generate in fiscal 2025?
Martin Midstream Partners generated $21.4M of free cash flow in fiscal 2025.
What was Martin Midstream Partners' revenue last quarter?
In its most recent reported quarter (2026 Q2), Martin Midstream Partners reported revenue of $213.6M.
How much debt does Martin Midstream Partners have?
Martin Midstream Partners reported $428.0M of long-term debt, including the current portion, at the end of fiscal 2025.
When does Martin Midstream Partners' fiscal year end?
Martin Midstream Partners' fiscal year end, as registered with the SEC, is December 31.
Where is Martin Midstream Partners headquartered?
Martin Midstream Partners lists its business address in Kilgore, Texas in its SEC filings.