Martin Midstream Partners L.P. (MMLP)

Martin Midstream Partners Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	716.11	707.62	797.96	1,019	882.43
Revenue Growth (YoY)	1.20%	-11.32%	-21.68%	15.46%	31.29%
Cost of Revenue	577.05	552.62	641.89	682.42	530.58
Gross Profit	139.06	155	156.07	336.46	351.86
Selling, General & Admin	42	48.5	40.83	41.81	36.72
Operating Expenses	92.2	99.29	90.72	98.09	93.47
Operating Income	46.86	55.71	65.35	238.37	258.39
Interest Expense	-57.79	-57.71	-60.29	-53.67	-54.11
Earnings From Equity Investments	-1.12	-0.62	-	-	-
Other Non Operating Income (Expenses)	0.03	0.03	0.06	-0.01	-0
EBT Excluding Unusual Items	-12.01	-2.59	5.12	184.7	204.27
Merger & Restructuring Charges	-	-	-	-192.77	-200.77
Gain (Loss) on Sale of Assets	2.04	1.58	1.37	5.67	-0.53
Other Unusual Items	-	-	-5.12	-	-
Pretax Income	-9.97	-1.01	1.37	-2.41	3.17
Income Tax Expense	4.77	4.2	5.92	7.93	3.38
Earnings From Continuing Operations	-14.75	-5.21	-4.55	-10.33	-0.21
Earnings From Discontinued Operations	0.06	0.03	0.01	-	-
Net Income to Company	-14.68	-5.18	-4.54	-10.33	-0.21
Minority Interest in Earnings	0.3	0.1	0.09	0.21	0
Net Income	-14.39	-5.08	-4.44	-10.13	-0.21
Preferred Dividends & Other Adjustments	-0.06	-0.03	-0.01	-0.04	-
Net Income to Common	-14.33	-5.05	-4.43	-10.09	-0.21
Shares Outstanding (Basic)	39	39	39	39	39
Shares Outstanding (Diluted)	39	39	39	39	39
Shares Change (YoY)	0.15%	0.15%	0.12%	0.10%	0.08%
EPS (Basic)	-0.37	-0.13	-0.11	-0.26	-0.01
EPS (Diluted)	-0.37	-0.13	-0.11	-0.26	-0.01
Free Cash Flow	21.36	6.34	103.15	-11.09	19.67
Free Cash Flow Per Share	0.55	0.16	2.66	-0.29	0.51
Dividend Per Share	0.020	0.020	0.020	0.020	0.020
Dividend Growth	-	-	-	-	-74.19%
Gross Margin	19.42%	21.90%	19.56%	33.02%	39.87%
Operating Margin	6.54%	7.87%	8.19%	23.39%	29.28%
Profit Margin	-2.00%	-0.71%	-0.56%	-0.99%	-0.02%
Free Cash Flow Margin	2.98%	0.90%	12.93%	-1.09%	2.23%
EBITDA	97.06	106.5	115.25	294.65	315.14
EBITDA Margin	13.55%	15.05%	14.44%	28.92%	35.71%
D&A For EBITDA	50.2	50.79	49.9	56.28	56.75
EBIT	46.86	55.71	65.35	238.37	258.39
EBIT Margin	6.54%	7.87%	8.19%	23.39%	29.28%
Effective Tax Rate	-	-	432.29%	-	106.66%
Revenue as Reported	716.11	707.62	797.96	1,019	882.43

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q