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Martin Midstream Partners MMLP Payments For Plant Turn Around Costs

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Other financials

Income statement

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Revenue$187.7M-2.5%
Gross profit$98.2M-4.7%
Operating income$8.0M-44.3%
Net income-$6.8M-554%
EPS (diluted)-$0.17-467%

Balance sheet

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Cash & equivalents$49.0K-5.8%
Total debt$526.3M+1.1%
Total assets$537.1M+0.7%

Cash flow

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Operating cash flow-$13.8M-129%
CapEx$7.5M+27.5%
Free cash flow-$21.3M-78.8%

Valuation

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Market cap$90.38M-22.9%
Enterprise value$616.68M+1.1%
P/S0.1×0.0×

Profitability

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Gross margin55.2%-1.8pp
Operating margin6%-1.5pp
Net margin-2.9%-19.2pp
FCF margin3.1%+0.3pp

Returns & leverage

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Current ratio1.3×-0.1×

Where this comes from

Reported directly by Martin Midstream Partners in its filing.

Tagged under the XBRL concept mmlp:PaymentsForPlantTurnAroundCosts.

The official record: Martin Midstream Partners’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Martin Midstream Partners's payments for plant turn around costs?
Martin Midstream Partners (MMLP) reported payments for plant turn around costs of $7.79M in Q1 2026.
How has Martin Midstream Partners's payments for plant turn around costs changed year-over-year?
Martin Midstream Partners's payments for plant turn around costs increased by 847.6% year-over-year, from $822K to $7.79M.
What is the long-term trend for Martin Midstream Partners's payments for plant turn around costs?
Over 4 years (2021 to 2025), Martin Midstream Partners's payments for plant turn around costs has grown at a 15.7% compound annual growth rate (CAGR), from $4.11M to $7.37M.
What does payments for plant turn around costs mean?
This represents cash expenditures incurred for major maintenance, inspection, and repair projects required to keep industrial processing facilities in safe and operational condition. These periodic turnarounds are essential for regulatory compliance and operational efficiency but require significant capital outlays. Investors track these costs to assess the recurring capital intensity required to maintain the company's asset base.