Navios Maritime Partners LP

NMM Industrials Marine Shipping

Navios Maritime Partners LP’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 0.76% from fiscal 2024.

Revenue
+25.2%
EPS
+147.0%
Free cash flow
+252.8%
Total debt
+1.95%

Quarter to June 2026, against a year earlier

85.28 1.18 +1.40%
Market cap
$2.4B
P/E
5.5×
Fwd P/E
4.5×
Dividend yield
0.26%
F-score
7/9
Altman Z
n/a
Beneish M
−2.67
Dividend safety
74/100

Navios Maritime Partners LP (NMM) Gross margin

Alert me on Gross margin

Navios Maritime Partners LP's gross margin over the twelve months to 30 June 2026 was 64.5%, up 2.6 percentage points from fiscal 2025 (61.9%). Over the past ten years it has ranged from 49.3% (fiscal 2020) to 95.0% (fiscal 2015); the current reading is higher than 45% of that period. That is above the Marine Shipping industry median of 60.6% and above the Industrials sector median of 30.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 61.9% 0.07
FY2024 61.8% 4.78
FY2023 57.1% (2.36)
FY2022 59.4% (4.57)
FY2021 64.0% 14.73
FY2020 49.3% (41.95)
FY2019 91.2% (1.80)
FY2018 93.0% (1.65)
FY2017 94.7% 0.98
FY2016 93.7% (1.30)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 65.6% 0.85
Mar 2026 64.7% 0.53
Dec 2025 64.2% 1.03
Sep 2025 63.2% 2.44
42 more quarters

Against its own ten years

Low 49.3% High 95.0%
Ten-year median 64.0%
Current reading's percentile 55

Gross margin against peers

Company Gross margin
DAC Danaos Corporation compare 75.0%
ECO Okeanis Eco Tankers Corp. compare 72.3%
CMRE Costamare Inc. compare 71.3%
GSL Global Ship Lease, Inc. compare 68.8%
NMM Navios Maritime Partners LP 64.5%
SFL SFL Corporation Ltd. compare 61.4%
SBLK Star Bulk Carriers Corp. compare 48.8%
HOS Hornbeck Offshore Services Inc compare 14.1%
ZIM ZIM Integrated Shipping Services Ltd. compare 13.7%
Marine Shipping industry median 60.6%
Industrials sector median 30.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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