NMM (Navios Maritime Partners LP) Pre-Tax Income: $448 Mil (TTM As of Jun. 2026)

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NMM Navios Maritime Partners LP NMM
74 GF Score
Price $87.16
GF Value $53.64
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Navios Maritime Partners LP Pre-Tax Income?

Navios Maritime Partners LP NMM -1.40% 74 Pre-Tax Income is $448 Mil as of Jun. 2026. GuruFocus rates NMM with a GF Score™ of 74/100 and a GF Value™ of $53.64 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Navios Maritime Partners LP's pretax income for the three months ended in Jun. 2026 was $168 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $448 Mil. Navios Maritime Partners LP's pretax margin was 40.94%.

During the past 13 years, Navios Maritime Partners LP's highest Pretax Margin was 71.69%. The lowest was -30.22%. And the median was 7.79%.


Navios Maritime Partners LP  (NYSE:NMM) Pre-Tax Income Explanation

Navios Maritime Partners LP's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=167.919/410.166
=40.94%

During the past 13 years, Navios Maritime Partners LP's highest Pretax Margin was 71.69%. The lowest was -30.22%. And the median was 7.79%.

* 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.


Navios Maritime Partners LP Pre-Tax Income Related Terms


Navios Maritime Partners LP Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Navios Maritime Partners LP's Pre-Tax Income 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.

Navios Maritime Partners LP Pre-Tax Income Chart

Navios Maritime Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 511.27 579.25 433.65 367.31 285.33

Navios Maritime Partners LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income 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 69.95 56.33 117.33 106.34 167.92

NMM vs DAC, CMRE, SFL: Pre-Tax Income Comparison

For the Marine Shipping subindustry, Navios Maritime Partners LP's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Navios Maritime Partners LP Pre-Tax Income vs Transportation Industry

For the Transportation industry and Industrials sector, Navios Maritime Partners LP's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Navios Maritime Partners LP's Pre-Tax Income falls into.


NMM
74GF Score
Navios Maritime Partners LP NMM
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Navios Maritime Partners LP Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Navios Maritime Partners LP's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=391.043+16.267+-120.005+12.806+-14.777
=285

Navios Maritime Partners LP's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=161.634+31.503+-27.356+4.103+-1.965
=168

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $448 Mil.

* 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 Pre-Tax Income →
What does a Pre-Tax Income of $448 Mil mean?
Navios Maritime Partners LP (NMM) has a Pre-Tax Income of $448 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Navios Maritime Partners LP and its competitors.
Is Navios Maritime Partners LP's Pre-Tax Income too high?
Navios Maritime Partners LP's current Pre-Tax Income is $448 Mil. Overall, Navios Maritime Partners LP has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Navios Maritime Partners LP's Pre-Tax Income compare to DAC and CMRE?
Navios Maritime Partners LP's Pre-Tax Income of $448 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Transportation company?
A good Pre-Tax Income depends on the Transportation industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Navios Maritime Partners LP and its competitors. Navios Maritime Partners LP's current Pre-Tax Income is $448 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navios Maritime Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Navios Maritime Partners LP (NMM) is currently considered Significantly Overvalued. The stock's GF Value™ is $53.64, compared to a current price of $87.16 — trading 62.5% above its estimated fair value. The current Pre-Tax Income is $448 Mil. Navios Maritime Partners LP's overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Navios Maritime Partners LP (NMM), the current Pre-Tax Income is $448 Mil as of Jun. 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 Navios Maritime Partners LP (NMM) Overvalued in 2026?

Based on GuruFocus' analysis, Navios Maritime Partners LP stock appears to be overvalued. The current stock price of $87.16 is trading 62.5% above its estimated GF Value™ of $53.64. GuruFocus considers Navios Maritime Partners LP to be Significantly Overvalued.

Key valuation signals for NMM:

  • Pre-Tax Income: $448 Mil
  • GF Value™: $53.64 vs. price of $87.16 (62.5% above fair value)
  • GF Score™: 74/100 with 8 warning signs

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


Navios Maritime Partners LP Business Description

Other Exchanges 3PXA:Germany
Address c/o Navios Shipmanagement Inc, 85 Akti Miaouli, Piraeus, GRC, 18538
Navios Maritime Partners LP is an international owner and operator of dry cargo and tanker vessels. Its vessels are generally chartered-out under short-term, medium-term and long-term time charters with an average remaining charter duration of approximately 2.1 years to a group of counterparties. Its fleet consisted of dry bulk vessels, containerships and tanker vessels, including two newbuilding capesize vessels, newbuilding containerships and newbuilding tankers. It operates in single segment.
74GF Score

Get the complete analysis for NMM

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$87.16
Price
$53.64
GF Value