MMLP (Martin Midstream Partners LP) Selling, General, & Admin. Expense: $41.0 Mil (TTM As of Mar. 2026)


MMLP Martin Midstream Partners LP MMLP
53 GF Score
Price $2.22
GF Value $2.72
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Martin Midstream Partners LP Selling, General, & Admin. Expense?

Martin Midstream Partners LP MMLP -1.76% 53 Selling, General, & Admin. Expense is $41.0 Mil as of Mar. 2026. GuruFocus rates MMLP with a GF Score™ of 53/100 and a GF Value™ of $2.72 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Martin Midstream Partners LP's selling, general, & admin. expense for the three months ended in Mar. 2026 was $10.8 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $41.0 Mil.


Martin Midstream Partners LP  (NAS:MMLP) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Martin Midstream Partners LP Selling, General, & Admin. Expense Related Terms


Martin Midstream Partners LP Selling, General, & Admin. Expense Historical Data

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The historical data trend for Martin Midstream Partners LP's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

Martin Midstream Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.01 41.81 40.83 48.50 42.00

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
Selling, General, & Admin. Expense 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 11.77 10.88 9.26 10.09 10.81

MMLP vs NFE, PXS, DLNG: Selling, General, & Admin. Expense Comparison

For the Oil & Gas Midstream subindustry, Martin Midstream Partners LP's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Martin Midstream Partners LP's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Martin Midstream Partners LP's Selling, General, & Admin. Expense falls into.


MMLP
53GF Score
Martin Midstream Partners LP MMLP
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Martin Midstream Partners LP Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $41.0 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.

What does a Selling, General, & Admin. Expense of $41.0 Mil mean?
Martin Midstream Partners LP (MMLP) has a Selling, General, & Admin. Expense of $41.0 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Martin Midstream Partners LP and its competitors.
Is Martin Midstream Partners LP's Selling, General, & Admin. Expense too high?
Martin Midstream Partners LP's current Selling, General, & Admin. Expense is $41.0 Mil. 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 Selling, General, & Admin. Expense compare to NFE and PXS?
Martin Midstream Partners LP's Selling, General, & Admin. Expense of $41.0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for an Oil & Gas company?
A good Selling, General, & Admin. Expense depends on the Oil & Gas industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Martin Midstream Partners LP and its competitors. Martin Midstream Partners LP's current Selling, General, & Admin. Expense is $41.0 Mil. 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 $2.72, compared to a current price of $2.22 — trading 18.4% below its estimated fair value. The current Selling, General, & Admin. Expense is $41.0 Mil. 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 Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Martin Midstream Partners LP (MMLP), the current Selling, General, & Admin. Expense is $41.0 Mil 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 $2.22 is trading 18.4% below its estimated GF Value™ of $2.72. GuruFocus considers Martin Midstream Partners LP to be Modestly Undervalued.

Key valuation signals for MMLP:

  • Selling, General, & Admin. Expense: $41.0 Mil
  • GF Value™: $2.72 vs. price of $2.22 (18.4% 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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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.22
Price
$2.72
GF Value