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NMM Financials Navios Maritime Partners L.P.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 42.7% per year over the past 5 years.

Financial health

  • Total debt ($1.1B) exceeds cash ($403M); net debt is $706M.
  • Total debt has grown slower than revenue (17.9% vs 42.7% per year).

Shareholder returns

  • Dividends have been paid for 8 consecutive years, consuming 2.1% of earnings.
  • The dividend has declined 5.4% per year over the past 5 years.
Revenue & net income
-$69M $638M $1B $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-30% 34% 98% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-10% 9% 29% 0% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
-$236M $71M $377M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $778M $2B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$782M -$111M $560M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $1.3B $285M 90.5% 0.0% — 4.8% — $1.1B $403M
2024 $1.3B $367M 89.0% 0.0% — 6.5% — $1.1B $270M
2023 $1.3B $434M 87.7% 0.0% — 8.4% $377M $1.4B $240M
2022 $1.2B $579M 89.9% 0.0% 24.7% 11.8% $73M $1.6B $158M
2021 $713M $516M 94.9% 0.0% 29.2% 14.2% $60M $1.4B $159M
2020 $227M -$69M 95.1% 0.0% -10.5% -5.7% $22M $487M $19M
2019 $219M -$62M 94.4% 0.0% -8.5% -5.0% $49M $489M $23M
2018 $231M -$13M 95.7% 0.0% — -1.0% -$48M $507M $59M
2017 $212M -$15M 98.0% 0.0% — -1.2% -$105M $493M $24M
2016 $191M -$53M 97.0% 0.0% — -4.1% $46M $524M $17M
2015 $224M $42M 96.8% 0.0% — 3.1% -$25M $598M $27M
2014 $227M $75M 93.2% 0.0% — 5.6% $15M $587M $99M
2013 $198M $59M 92.5% 0.0% — 4.7% -$236M $538M $35M
2012 $205M $96M 93.7% 0.0% — 10.0% $133M $300M $32M
2011 $187M $65M 92.8% 0.0% — 7.2% $127M $326M $48M

Valuation over time

How the market has priced NMM against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 4.5 9.1 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 1.0 1.9 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S
Dividend yield (%)
0.0 0.6 1.1 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
Dividend yield %

Frequently asked questions

Is NMM growing its revenue and profit?

Over the past 5 years, Navios Maritime Partners L.P.'s revenue has grown 42.7% per year. These are computed facts, not advice.

How much debt does NMM have?

As of FY2025, Navios Maritime Partners L.P. reported $1.1B of total debt against $403M of cash.

What is NMM's profit margin?

In FY2025, gross margin was 90.5%, operating margin —, and net margin 21.2%.

What is NMM's P/E ratio?

Navios Maritime Partners L.P.'s P/E (TTM) is 8.59 as of the 2026-11-04 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the NMM stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 8.6× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.