NMM Industrials

Navios Maritime Partners L.P.

$87.04+0.35%

Price as of close on Nov 3, 2026 · Financials updated Sep 30, 2026

Basics

Sector: Industrials
Industry: Marine Shipping
Country: Greece
Market cap: 2.5B USD
Enterprise value: 4.5B USD

Overall health

Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 0.99 vs a peer median of 0.64), though less than the overall markethigher risk: bigger price swings (beta 0.99 vs peers 0.64)

Ranks #303 of 2,308 industrials companies (top 14%)

See how it ranks against its peers

Worth knowing

Profitable, but burning cash. Reports a profit, but free cash flow is negative.
Navios Maritime Partners L.P. reports a profit but its free cash flow is negative: it spent more on investment and running the business than it brought in. That's common for companies building capacity, but it means the profit isn't yet turning into cash.
Valuation signals disagree. Cheaper than 95% of peers on earnings, but only 0% on free cash flow.
Relative to its earnings, Navios Maritime Partners L.P. looks cheaper than 95% of peers; relative to its free cash flow, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.
Annual revenue rose 5 years in a row. Fiscal-year revenue rose from $227M in 2020 to $1.3B in 2025.
Navios Maritime Partners L.P.'s fiscal-year revenue rose in each of the five years to 2025, from $227M to $1.3B.
Wide margins. Operating margin 29% (12 months to Jun 2026) vs a peer median of 7.7%.Operating margin 29% vs peers 7.7%.
Navios Maritime Partners L.P. keeps 29% of revenue as operating profit, more than 95% of peers (median 7.7%).

StockQuotient Score

70/ 100

Oct 5 71 → Nov 4 70 (-1)

Valuation

Is the price right?

89/100

Strong

3/3 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why

Stronger than most peers on:

▲ Earnings yield
▲ EBITDA yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield18.0%

SEC filings · 12 months to Jun 2026Outlier capped at sector 5th/95th percentile30% base weight · Z-score 3.29Sector median: 0.0377 · MAD: 0.0294

EBITDA yield18.4%

Yahoo Finance fallback · SEC enterprise value unavailable (debt or EBITDA not reported in standard form) · trailing 12 monthsReported value50% base weight · Z-score 2.69Sector median: 0.0695 · MAD: 0.0425

Free cash flow yield-6.6%

Yahoo Finance fallback · SEC cash flow or share count unavailable · trailing 12 months · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.00Sector median: 0.0370 · MAD: 0.0370

Other data (not scored)

Book yield142.4%

Yahoo Finance fallback · SEC equity or share count unavailableReported valueInformational · 0% composite weightSector median: 0.5027 · MAD: 0.2823

Growth

Is it growing?

75/100

Moderate

3/3 inputs reported · High confidence

Since last quarter: ▲ Stronger

12-month revenue up 10.1%

Why

Stronger than most peers on:

▲ EPS growth
▲ Revenue growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growth52.6%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 1.83Sector median: 0.0709 · MAD: 0.2481

3-year revenue growth3.1%

SEC filings · 3 years to Jun 2026Reported value33% base weight · Z-score -0.18Sector median: 0.0421 · MAD: 0.0625

Revenue growth13.4%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 1.17Sector median: 0.0439 · MAD: 0.0766

Profitability

Does it earn well?

87/100

Strong

3/3 inputs reported · High confidence

Since last quarter: ▲ Stronger

Net margin rose 9.0 points to 30.3%

Why

Stronger than most peers on:

▲ Operating margin
▲ ROA

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin29.1%

Yahoo Finance fallback · SEC operating income not reported in standard form · fiscal year to Dec 2025Outlier capped at sector 5th/95th percentile33% base weight · Z-score 4.02Sector median: 0.0773 · MAD: 0.0507

Return on assets7.2%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 1.68Sector median: 0.0311 · MAD: 0.0241

Return on invested capital8.2%

Yahoo Finance fallback · SEC operating income or invested capital unavailable · trailing 12 monthsReported value33% base weight · Z-score 0.20Sector median: 0.0715 · MAD: 0.0558

Other data (not scored)

Gross margin90.3%

SEC filings · 12 months to Jun 2026Outlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.2573 · MAD: 0.1038

Return on equity13.2%

Yahoo Finance fallback · SEC figure unavailable or out of date · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.0802 · MAD: 0.0639

Risk

Debt, liquidity, price swings

Higher

Higher relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ Beta
▼ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta0.99

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -1.25Sector median: 0.6440 · MAD: 0.2745

Current ratio1.53×

SEC filings · latest balance sheetReported value33% base weight · Z-score -0.16Sector median: 1.6180 · MAD: 0.5360

Debt / equity0.69×

Yahoo Finance fallback · no standard SEC debt tagReported value33% base weight · Z-score -0.84Sector median: 0.4019 · MAD: 0.3378

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Navios Maritime Partners L.P.

Is Navios Maritime Partners L.P. getting weaker?: Its latest SEC filing (Aug 27, 2026) got stronger: net margin rose 9.0 points to 30.3%. Its overall score is unchanged at 70/100 since Oct 28, 2026.
How is Navios Maritime Partners L.P. valued vs its peers?: Priced lower than most peers relative to what it earns. Valuation scores 89/100 against 2,459 industrials peers. Earnings yield 18.0% vs a peer median of 3.8% (stronger than 95% of peers).Earnings yield 18.0% vs peers 3.8% (stronger than 95% of peers). Free cash flow yield -6.6% vs a peer median of 3.7% (weaker than 100% of peers).Free cash flow yield -6.6% vs peers 3.7% (weaker than 100% of peers).
Is Navios Maritime Partners L.P. growing?: Yes, faster than most of its peers. Growth scores 75/100 against 2,459 industrials peers. Earnings per share growth 52.6% vs a peer median of 7.1% (stronger than 83% of peers).Earnings per share growth 52.6% vs peers 7.1% (stronger than 83% of peers).
How profitable is Navios Maritime Partners L.P.?: More profitable than most of its peers. Profitability scores 87/100 against 2,459 industrials peers. Operating margin 29.1% vs a peer median of 7.7% (stronger than 95% of peers).Operating margin 29.1% vs peers 7.7% (stronger than 95% of peers).
How risky is Navios Maritime Partners L.P.?: Higher risk relative to 2,459 industrials peers, judged on debt, liquidity and share-price swings. Beta 0.99 vs a peer median of 0.64 (weaker than 74% of peers).Beta 0.99 vs peers 0.64 (weaker than 74% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Aug 27, 2026 · compared with the quarter ended Dec 31, 2025

Got stronger

Net margin rose 9.0 points to 30.3%

	Previous quarter	Latest quarter	Change
Revenue (12 months)	1.3B USD	1.5B USD	+10.1%
Net income (12 months)	285.3M USD	447.9M USD	+57.0%
Debt	2.2B USD	2.3B USD	+4.7%
Cash	402.8M USD	352.6M USD	−12.5%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Gross margin	94.9%	89.9%	87.7%	89.0%	90.5%	▲ 1.5 pts
Net margin	72.4%	47.9%	33.2%	27.5%	21.2%	▼ 6.3 pts
Return on assets (ROA)	14.2%	11.8%	8.4%	6.5%	4.8%	▼ 1.7 pts
Free cash flow margin	8.4%	6.0%	28.9%	-19.8%	20.9%	▲ 41 pts
Current ratio	0.57×	0.50×	0.87×	1.08×	1.13×	▲ 4.0%
Quick ratio	0.52×	0.45×	0.79×	1.00×	1.05×	▲ 5.3%

NMM price history

Price history is added with the daily price update and will appear after the next one.

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Bringing the fundamentals into focus…

Overall health

Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 0.99 vs a peer median of 0.64), though less than the overall markethigher risk: bigger price swings (beta 0.99 vs peers 0.64)

Ranks #303 of 2,308 industrials companies (top 14%)

See how it ranks against its peers

Worth knowing

Profitable, but burning cash. Reports a profit, but free cash flow is negative.

Navios Maritime Partners L.P. reports a profit but its free cash flow is negative: it spent more on investment and running the business than it brought in. That's common for companies building capacity, but it means the profit isn't yet turning into cash.

Valuation signals disagree. Cheaper than 95% of peers on earnings, but only 0% on free cash flow.

Relative to its earnings, Navios Maritime Partners L.P. looks cheaper than 95% of peers; relative to its free cash flow, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.

Annual revenue rose 5 years in a row. Fiscal-year revenue rose from $227M in 2020 to $1.3B in 2025.

Navios Maritime Partners L.P.'s fiscal-year revenue rose in each of the five years to 2025, from $227M to $1.3B.

Wide margins. Operating margin 29% (12 months to Jun 2026) vs a peer median of 7.7%.Operating margin 29% vs peers 7.7%.

Navios Maritime Partners L.P. keeps 29% of revenue as operating profit, more than 95% of peers (median 7.7%).

Questions investors ask about Navios Maritime Partners L.P.

Is Navios Maritime Partners L.P. getting weaker?

Its latest SEC filing (Aug 27, 2026) got stronger: net margin rose 9.0 points to 30.3%. Its overall score is unchanged at 70/100 since Oct 28, 2026.

How is Navios Maritime Partners L.P. valued vs its peers?

Priced lower than most peers relative to what it earns. Valuation scores 89/100 against 2,459 industrials peers. Earnings yield 18.0% vs a peer median of 3.8% (stronger than 95% of peers).Earnings yield 18.0% vs peers 3.8% (stronger than 95% of peers). Free cash flow yield -6.6% vs a peer median of 3.7% (weaker than 100% of peers).Free cash flow yield -6.6% vs peers 3.7% (weaker than 100% of peers).

Is Navios Maritime Partners L.P. growing?

Yes, faster than most of its peers. Growth scores 75/100 against 2,459 industrials peers. Earnings per share growth 52.6% vs a peer median of 7.1% (stronger than 83% of peers).Earnings per share growth 52.6% vs peers 7.1% (stronger than 83% of peers).

How profitable is Navios Maritime Partners L.P.?

More profitable than most of its peers. Profitability scores 87/100 against 2,459 industrials peers. Operating margin 29.1% vs a peer median of 7.7% (stronger than 95% of peers).Operating margin 29.1% vs peers 7.7% (stronger than 95% of peers).

How risky is Navios Maritime Partners L.P.?

Higher risk relative to 2,459 industrials peers, judged on debt, liquidity and share-price swings. Beta 0.99 vs a peer median of 0.64 (weaker than 74% of peers).Beta 0.99 vs peers 0.64 (weaker than 74% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

1.3B USD

1.5B USD

+10.1%

Net income (12 months)

285.3M USD

447.9M USD

+57.0%

Debt

2.2B USD

2.3B USD

+4.7%

Cash

402.8M USD

352.6M USD

−12.5%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Gross margin

94.9%

89.9%

87.7%

89.0%

90.5%

▲ 1.5 pts

Net margin

72.4%

47.9%

33.2%

27.5%

21.2%

▼ 6.3 pts

Return on assets (ROA)

14.2%

11.8%

8.4%

6.5%

4.8%

▼ 1.7 pts

Free cash flow margin

8.4%

6.0%

28.9%

-19.8%

20.9%

▲ 41 pts

Current ratio

0.57×

0.50×

0.87×

1.08×

1.13×

▲ 4.0%

Quick ratio

0.52×

0.45×

0.79×

1.00×

1.05×

▲ 5.3%