MMLP (Martin Midstream Partners LP) Net Margin %: -3.60% (As of Mar. 2026)


MMLP Martin Midstream Partners LP MMLP
53 GF Score
Price $2.32
GF Value $2.74
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Martin Midstream Partners LP Net Margin %?

Martin Midstream Partners LP MMLP +5.05% 53 Net Margin % is -3.60% as of Mar. 2026. GuruFocus rates MMLP with a GF Score™ of 53/100 and a GF Value™ of $2.74 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 916 Oil & Gas companies, Martin Midstream Partners LP ranks worse than 71.72% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Martin Midstream Partners LP's Net Income for the three months ended in Mar. 2026 was $-6.8 Mil. Martin Midstream Partners LP's Revenue for the three months ended in Mar. 2026 was $187.7 Mil. Therefore, Martin Midstream Partners LP's net margin for the quarter that ended in Mar. 2026 was -3.60%.

The historical rank and industry rank for Martin Midstream Partners LP's Net Margin % or its related term are showing as below:

MMLP' s Net Margin % Range Over the Past 10 Years
Min: -20.65   Med: -0.66   Max: 5.46
Current: -2.88


MMLP's Net Margin % is ranked worse than
71.72% of 916 companies
in the Oil & Gas industry
Industry Median: 3.435 vs MMLP: -2.88

Martin Midstream Partners LP  (NAS:MMLP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Martin Midstream Partners LP Net Margin % Related Terms


Martin Midstream Partners LP Net Margin % Historical Data

* Premium members only.

The historical data trend for Martin Midstream Partners LP's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Martin Midstream Partners LP Net Margin % Chart

Martin Midstream Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -1.01 -0.57 -0.74 -2.06

Martin Midstream Partners LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.54 -1.33 -4.99 -1.66 -3.60

MMLP vs DLNG, TORO, PXS: Net Margin % Comparison

For the Oil & Gas Midstream subindustry, Martin Midstream Partners LP's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Martin Midstream Partners LP Net Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Martin Midstream Partners LP's Net Margin % distribution charts can be found below:

* The bar in red indicates where Martin Midstream Partners LP's Net Margin % falls into.


MMLP
53GF Score
Martin Midstream Partners LP MMLP
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Martin Midstream Partners LP Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Martin Midstream Partners LP's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-14.745/716.113
=-2.06 %

Martin Midstream Partners LP's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-6.76/187.674
=-3.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -3.60% mean?
Martin Midstream Partners LP (MMLP) has a Net Margin % of -3.60% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Martin Midstream Partners LP and its competitors. According to the industry distribution chart, Martin Midstream Partners LP ranks #657 out of 916 companies in the Oil & Gas industry, placing it in the top 71.7%.
Is Martin Midstream Partners LP's Net Margin % too high?
Martin Midstream Partners LP's current Net Margin % is -3.60%. Based on the distribution chart, Martin Midstream Partners LP ranks #657 out of 916 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Martin Midstream Partners LP has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Martin Midstream Partners LP's Net Margin % compare to DLNG and TORO?
According to the Oil & Gas industry distribution chart, Martin Midstream Partners LP ranks #657 out of 916 companies for Net Margin %. This places Martin Midstream Partners LP in the lower half of its industry. The industry median Net Margin % is 3.44. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.44, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Martin Midstream Partners LP and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Martin Midstream Partners LP's current Net Margin % is -3.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Martin Midstream Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Martin Midstream Partners LP (MMLP) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.74, compared to a current price of $2.32 — trading 15.3% below its estimated fair value. The current Net Margin % is -3.60%. Martin Midstream Partners LP's overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Martin Midstream Partners LP (MMLP), the current Net Margin % is -3.60% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Martin Midstream Partners LP (MMLP) Overvalued in 2026?

Based on GuruFocus' analysis, Martin Midstream Partners LP stock appears to be undervalued. The current stock price of $2.32 is trading 15.3% below its estimated GF Value™ of $2.74. GuruFocus considers Martin Midstream Partners LP to be Modestly Undervalued.

Key valuation signals for MMLP:

  • Net Margin %: -3.60%
  • GF Value™: $2.74 vs. price of $2.32 (15.3% below fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the MMLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Martin Midstream Partners LP Business Description

Industry EnergyOil & Gas
Address 4200 Stone Road, Kilgore, TX, USA, 75662
Martin Midstream Partners LP has a diverse set of operations focused on the United States Gulf Coast region. The company's business lines include terminalling, processing, storage, and packaging services for petroleum products and by-products, including the refining of naphthenic crude oil; 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 natural gas liquids marketing, distribution and transportation services. The company operates in four segment Terminalling and storage, Transportation, Sulfur service, and Specialty products segment. The majority of the revenue is derived from the Specialty products segment.
53GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.32
Price
$2.74
GF Value