Martin Midstream Partners L.p. vs TMD Energy
Martin Midstream Partners L.p. is the larger business, with $716m of revenue in fiscal 2025 against $545m for TMD Energy (1.3 times as much). Martin Midstream Partners L.p. grew faster (1.2% against -20.8%). Martin Midstream Partners L.p. kept more of each dollar of sales as profit: a net margin of -2.1% against -3.4%.
| Latest fiscal year | Martin Midstream Partners L.p.MMLP, 2025 | TMD EnergyTMDE, 2026 |
|---|---|---|
| Revenue | $716m | $545m |
| Revenue growth | 1.2% | -20.8% |
| Net income | −$14.7m | −$18.6m |
| Operating margin | — | — |
| Net margin | -2.1% | -3.4% |
| Return on equity | — | -182.0% |
| Free cash flow | $21.4m | $7.5m |
| Cash | $49,000 | $4.0m |
| Total debt | $428m | $86.8m |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $73.4m | $12.3m |
| Price vs our value range | Below our value range | — |
| Moat score | 64 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |