NMM
Navios Maritime Partners L.P.
There isn't enough reported data to score NMM yet.
NMM Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Stable | |
| Unavailable | |
| Weak |
NMM's profitability is currently stable, but its balance sheet is weak. There isn't enough data to rate its revenue and cash flow.
NMM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 0.9x | $8.58 | -90% |
| Fair | 1.4x | $13.50 | -85% |
| Forward | 3.8x | $89.16 | — |
| Expensive | 4.3x | $41.60 | -53% |
| Current | 9.1x | $89.16 | — |
Historical ranges are pointers, not guarantees.
NMM's PE is 9.1x, but its earnings don't support one, so it isn't a reliable read right now.
NMM Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for NMM, with profitability improving. However, they disagree widely on these estimates.
NMM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $23.46 | +140% |
| Q4 2025 | $9.78 | -20% |
| Q2 2025 | $10.20 | -22% |
| Q1 2025 | $11.16 | -17% |
| Q4 2024 | $12.16 | -15% |
| Q2 2024 | $13.04 | -32% |
| Q1 2024 | $13.39 | -31% |
| Q4 2023 | $14.23 | -25% |
| Q2 2023 | $19.31 | +22% |
NMM's earnings per share have fallen from their peak: $9.78 over the past year, against $25.26 in late 2021.
NMM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $712.5M | +5.8% |
| Q2 2025 | $327.6M | -4.3% |
| Q1 2025 | $304.1M | -4.5% |
| Q4 2024 | $673.4M | +3.5% |
| Q2 2024 | $342.2M | -1.4% |
| Q1 2024 | $318.6M | +2.9% |
| Q4 2023 | $650.4M | -6.2% |
| Q2 2023 | $346.9M | +24% |
NMM's revenue is growing: $712M last quarter, up 108% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2025 | 29% | -1.8 points |
| Q1 2025 | 27% | N/A |
| Q2 2024 | 35% | +3.6 points |
| Q1 2024 | 31% | N/A |
| Q2 2023 | 38% | +4.4 points |
| Q1 2023 | 32% | N/A |
| Q2 2022 | 41% | +13 points |
| Q1 2022 | 33% | N/A |
NMM's operating margin was 29% last quarter, down 8.6 points from the same quarter a year ago.
NMM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | $196.2M | +$474.5M |
| Q2 2025 | -$49.1M | +$74.2M |
| Q1 2025 | $24M | +456% |
| Q4 2024 | -$278.3M | -227% |
| Q2 2024 | -$123.3M | -295% |
| Q1 2024 | $4.3M | +$23.2M |
| Q4 2023 | $219.7M | +$288M |
| Q2 2023 | $63.1M | -38% |
NMM's free cash flow was −$107M over the past year, against $164M the year before.
NMM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3.1% | -915K shares |
| 1 year | -5% | -1.5M shares |
| 3 years | -5.1% | -1.5M shares |
| 5 years | +166% | +17.9M shares |
| Available history | +195% | +19M shares |
NMM has 29M diluted shares, down 5% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2025 | $13M |
| Q1 2025 | $10M |
| Q2 2024 | $5M |
| Q1 2024 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q2 2022 | — |
| Q1 2022 | — |
NMM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2020 | 4.5x | High |
| Q1 2020 | 4.2x | High |
| Q4 2019 | 4.1x | High |
| Q3 2019 | 3.8x | Elevated |
| Q2 2019 | 3.9x | Elevated |
| Q1 2019 | 3.6x | Elevated |
| Q4 2018 | 3.4x | Elevated |
| Q3 2018 | 3.3x | Elevated |
NMM's net debt is about 4.5 years of its operating earnings (EBITDA), up from 3.9 years a year ago.
NMM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.3 | Neutral |
| Stochastic | 55.6 | Neutral |
NMM's weekly RSI is 59 (neutral) and its Stochastic is 56 (neutral).
NMM PE vs Industrials Sector
| Metric | NMM | Sector median | Relative |
|---|---|---|---|
| PE | 9.1x | 24x | 62% below |
| PE % | 97 | 58 | 39 pts above |
NMM is trading at 9.1x earnings, a 62% discount to the Industrials sector's median of 24x, though its earnings don't support one.
NMM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $89.9 | 0.8% below |
| 20 week MA | $85.7 | 4.1% above |
| 50 week MA | $72.9 | 22% above |
| 100 week MA | $57.8 | 54% above |
| 200 week MA | $46.4 | 92% above |
NMM's trend is up, with a small recent dip: it's below only its 8-week average, and 92% above its 200-week average.
NMM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $18.4 | $9.60 | -48% |
| 2021 | $9.60 | $24.5 | +155% |
| 2022 | $24.5 | $26.3 | +7.5% |
| 2023 | $26.3 | $28.0 | +6.2% |
| 2024 | $28.0 | $43.9 | +57% |
| 2025 | $43.9 | $52.1 | +19% |
| 2026 YTD | $52.1 | $89.2 | +71% |
NMM's yearly returns have swung widely, from +155% in 2021 to −48% in 2020. It's up 71% so far in 2026.