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Navios Maritime Partners L.P. logo

Navios Maritime Partners L.P.

NMM

NYSEIndustrialsMarine Shipping

Open in GoAI

Previous close

$88.78

+$3.46 · +4.06%

Aug 21, 4:00 PM ET

Pre-market

$88.60

−$0.18 · -0.20%

Aug 24, 7:40 AM ET

NMM company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

92

Deep Value

Momentum

69

Gaining

Sentiment

61

Bullish

Risk resilience

68

Moderate Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Navios Maritime Partners L.P. is a company that manages and possesses vessels specialized in dry cargo, delivering vital marine shipping solutions across global markets including Asia, Europe, North America, and Australia. The firm facilitates the ocean-borne transport of a diverse array of liquid and dry bulk materials, encompassing everything from crude oil, refined petroleum products, and chemicals to iron ore, coal, grain, fertilizers, and containerized freight. Its substantial fleet consists of 26 Panamax carriers, 24 Capesize ships, four Ultra-Handymax vessels, 47 containerships, and 45 tankers, which are operated under various short, medium, and long-term charter arrangements. Olympos Maritime Ltd. functions as the general partner for Navios Maritime Partners L.P., an entity that commenced operations in 2007 and maintains its principal offices in Monaco.

Industry
Marine Shipping
Sector
Industrials
Headquarters
GR
CEO
Angeliki N. Frangou
Listed since
Nov 13, 2007
Employees
186

Market position

Day range

Current $88.78

52-week range

Current $88.78

Open
$87.75
Previous close
$85.32
Volume
259.31K
2.06× average
Average volume
125.61K
Average daily volume
Market cap
2.52B USD
Beta
1.02
Market reference 1
50-day average
$76.2746
+16.40% above average
200-day average
$65.9757
+34.56% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.53B USD
P/E (TTM)
5.8×
P/B (TTM)
0.72×
P/S (TTM)
1.71×
EV / EBITDA
4.59×
Earnings yield
18.29%
Free cash flow yield
-2.31%
Dividend yield
0.25%

Profitability & efficiency

Gross margin
66.60%
Operating margin
34.32%
Net margin
30.19%
Return on equity
8.70%
Return on assets
4.81%
Return on invested capital
6.94%

Financial health

Debt / equity
0.63×
Current ratio
1.13×
Altman Z-score
1.13
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends80%59%37%16%Gross margin, FY2021: 75.01%Gross margin, FY2022: 68.51%Gross margin, FY2023: 65.76%Gross margin, FY2024: 66.11%Gross margin, FY2025: 64.54%Operating margin, FY2021: 42.35%Operating margin, FY2022: 37.18%Operating margin, FY2023: 34.22%Operating margin, FY2024: 33.56%Operating margin, FY2025: 29.09%Net margin, FY2021: 70.93%Net margin, FY2022: 46.89%Net margin, FY2023: 32.52%Net margin, FY2024: 26.98%Net margin, FY2025: 21.23%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 75.01%. Gross margin FY2022 68.51%. Gross margin FY2023 65.76%. Gross margin FY2024 66.11%. Gross margin FY2025 64.54%. Operating margin FY2021 42.35%. Operating margin FY2022 37.18%. Operating margin FY2023 34.22%. Operating margin FY2024 33.56%. Operating margin FY2025 29.09%. Net margin FY2021 70.93%. Net margin FY2022 46.89%. Net margin FY2023 32.52%. Net margin FY2024 26.98%. Net margin FY2025 21.23%.

Income trends

Revenue

1.34B USD+0.76%

Operating income

391.04M USD-12.65%

Net income

285.33M USD-20.71%
Income trends across reported periods1.45B USD1.03B USD602.98M USD179.45M USDRevenue, FY2021: 713.18M USDRevenue, FY2022: 1.21B USDRevenue, FY2023: 1.31B USDRevenue, FY2024: 1.33B USDRevenue, FY2025: 1.34B USDOperating income, FY2021: 302.05M USDOperating income, FY2022: 450.12M USDOperating income, FY2023: 447.17M USDOperating income, FY2024: 447.67M USDOperating income, FY2025: 391.04M USDNet income, FY2021: 505.86M USDNet income, FY2022: 567.66M USDNet income, FY2023: 424.97M USDNet income, FY2024: 359.87M USDNet income, FY2025: 285.33M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 713.18M USD. Revenue FY2022 1.21B USD. Revenue FY2023 1.31B USD. Revenue FY2024 1.33B USD. Revenue FY2025 1.34B USD. Operating income FY2021 302.05M USD. Operating income FY2022 450.12M USD. Operating income FY2023 447.17M USD. Operating income FY2024 447.67M USD. Operating income FY2025 391.04M USD. Net income FY2021 505.86M USD. Net income FY2022 567.66M USD. Net income FY2023 424.97M USD. Net income FY2024 359.87M USD. Net income FY2025 285.33M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.34B USD1.33B USD1.31B USD1.21B USD713.18M USD
Cost of goods sold476.69M USD452.07M USD447.5M USD381.2M USD178.22M USD
Gross profit867.45M USD882M USD859.39M USD829.32M USD534.96M USD
Selling, general, and administrative476.41M USD434.33M USD412.21M USD379.2M USD232.91M USD
Operating expenses476.41M USD434.33M USD412.21M USD379.2M USD232.91M USD
Interest income12.81M USD13.8M USD10.7M USD856K USD859K USD
Interest expense134.78M USD124.53M USD133.64M USD83.09M USD42.76M USD
Depreciation and amortization348.93M USD289.1M USD270.06M USD234.65M USD128.56M USD
Operating income391.04M USD447.67M USD447.17M USD450.12M USD302.05M USD
Net income285.33M USD359.87M USD424.97M USD567.66M USD505.86M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+11.59%
11 comparable reports
Latest EPS result
4.65
Estimate 4.35 · Beat by 6.90%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates5.213.922.631.34Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 2.61, estimate 4.54, surprise -42.51%, Miss. Q2 2025, reported May 7, 2025: actual 1.58, estimate 1.62, surprise -2.47%, Miss. Q3 2025, reported Aug 21, 2025: actual 2.15, estimate 1.74, surprise +23.56%, Beat. Q4 2025, reported Nov 18, 2025: actual 2.83, estimate 2.54, surprise +11.42%, Beat. Q1 2026, reported Feb 19, 2026: actual 3.4, estimate 2.38, surprise +42.86%, Beat. Q2 2026, reported May 21, 2026: actual 3.35, estimate 2.77, surprise +20.94%, Beat. Q3 2026, reported Aug 20, 2026: actual 4.65, estimate 4.35, surprise +6.90%, Beat. Q4 2026, reported Nov 17, 2026: actual —, estimate 4.94, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates426.57M363.58M300.59M237.59MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 332.52M USD, estimate 254M USD, surprise +30.91%, Beat. Q2 2025, reported May 7, 2025: actual 304.11M USD, estimate 309.58M USD, surprise -1.76%, Miss. Q3 2025, reported Aug 21, 2025: actual 327.56M USD, estimate 323.28M USD, surprise +1.32%, Beat. Q4 2025, reported Nov 18, 2025: actual 346.92M USD, estimate 315.43M USD, surprise +9.99%, Beat. Q1 2026, reported Feb 19, 2026: actual 365.55M USD, estimate 316M USD, surprise +15.68%, Beat. Q2 2026, reported May 21, 2026: actual 357.01M USD, estimate 317.8M USD, surprise +12.34%, Beat. Q3 2026, reported Aug 20, 2026: actual 410.17M USD, estimate 360.83M USD, surprise +13.67%, Beat. Q4 2026, reported Nov 17, 2026: actual —, estimate 382.59M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$85.00

4.26% downside
Past 12 months12-month forecastHigh $85.00Average $85.00Low $85.00

Rating distribution

14 ratings
Strong buy00%
Buy429%
Hold857%
Sell214%
Strong sell00%

NMM news

seekingalpha.com

Navios Maritime Partners L.P. Common Units (NMM) Q2 2026 Earnings Call Transcript

Navios Maritime Partners L.P. Common Units (NMM) Q2 2026 Earnings Call Transcript

Read source
marketbeat.com

Navios Maritime Partners Q2 Earnings Call Highlights

Navios Maritime Partners NYSE: NMM reported higher revenue, earnings and adjusted EBITDA for the second quarter of 2026, citing stronger time-charter equivalent rates across its shipping segments. The company also…

Read source
globenewswire.com

Navios Maritime Partners L.P. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2026

PIRAEUS, Greece, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an international owner and operator of dry cargo and tanker vessels, today reported its financial results…

Read source
defenseworld.net

Navios Maritime Partners (NMM) Expected to Announce Earnings on Thursday

Navios Maritime Partners (NYSE: NMM - Get Free Report) is projected to issue its Q2 2026 results before the market opens on Thursday, August 20th. Analysts expect Navios Maritime Partners to post earnings of $4.35 per…

Read source
globenewswire.com

Navios Maritime Partners L.P. Announces the Date for the Release of Second Quarter Ended June 30, 2026 Results, Conference Call and Webcast

PIRAEUS, Greece, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM) announced today that it will host a conference call on Thursday, August 20, 2026 at 8:30 am ET, at which…

Read source
globenewswire.com

Navios Maritime Partners L.P. Announces Cash Distribution of $0.06 per Unit

PIRAEUS, Greece, July 30, 2026 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM), announced today that its Board of Directors has declared a cash distribution of $0.06 per unit for the…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.20

2025 complete year0.0% since 2021

2026 partial: $0.17

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 10, 2026

$0.06

Quarterly

Record Aug 10, 2026 · Payment Aug 13, 2026

Dividend

Ex-dividend May 11, 2026

$0.06

Quarterly

Record May 11, 2026 · Payment May 14, 2026

Dividend

Ex-dividend Feb 9, 2026

$0.05

Quarterly

Record Feb 9, 2026 · Payment Feb 12, 2026

Dividend

Ex-dividend Nov 10, 2025

$0.05

Quarterly

Record Nov 10, 2025 · Payment Nov 14, 2025

Dividend

Ex-dividend Aug 11, 2025

$0.05

Quarterly

Record Aug 11, 2025 · Payment Aug 14, 2025

Dividend

Ex-dividend May 9, 2025

$0.05

Quarterly

Record May 9, 2025 · Payment May 14, 2025

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ETFs holding NMM

Funds reporting this stock among their holdings, ordered by reported position size.

Multi-Asset Diversified Income Index Fund logoMulti-Asset Diversified Income Index FundMDIV
Market value
160.32K
Weight
0.04%
AUM
431.44M USD
Expense ratio
0.83%
Price / 1D
$16.80-0.67%
Pacer Industrials and Logistics ETF logoPacer Industrials and Logistics ETFSHPP
Market value
2.66K
Weight
0.12%
AUM
2.14M USD
Expense ratio
0.60%
Price / 1D
$35.68970.00%
SonicShares Global Shipping ETF logoSonicShares Global Shipping ETFBOAT
Market value
—
Weight
0.69%
AUM
82.19M USD
Expense ratio
0.69%
Price / 1D
$49.69+2.67%

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