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
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
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
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$410M
$168M
88.9%
0.0%
—
2.7%
—
$1.1B
$353M
Jun '25
$328M
$70M
90.5%
0.0%
—
1.2%
—
$1.1B
$377M
Jun '24
$342M
$101M
88.3%
0.0%
—
1.9%
—
$1.0B
$272M
Jun '23
$347M
$112M
87.9%
0.0%
4.4%
2.3%
—
$1.4B
$261M
Jun '22
$281M
$118M
92.3%
0.0%
6.0%
3.2%
—
$1.3B
$163M
Jun '21
$152M
$100M
96.1%
0.0%
7.9%
4.3%
—
$796M
$227M
Jun '20
$47M
-$15M
95.8%
0.0%
-2.1%
-1.2%
—
$488M
$23M
Jun '19
$48M
-$7M
94.8%
0.0%
—
-0.5%
—
$485M
$34M
Jun '18
$58M
-$30M
95.3%
0.0%
—
-2.3%
—
$494M
$41M
Jun '17
$50M
$4M
100.0%
0.0%
—
0.3%
—
$475M
$80M
Jun '16
$45M
-$17M
95.6%
0.0%
—
-1.3%
—
$555M
$25M
Jun '15
$56M
$11M
97.4%
0.0%
—
0.8%
—
$609M
$27M
Jun '14
$55M
$30M
93.4%
0.0%
—
2.2%
—
$535M
$184M
Jun '13
$49M
$20M
92.6%
0.0%
—
1.9%
—
$345M
$62M
Jun '12
$49M
$17M
92.0%
0.0%
—
1.8%
—
$290M
$41M
Jun '11
$46M
$14M
92.9%
0.0%
—
—
—
—
$53M
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.
The price-to-earnings ratio has risen from 1.2× (Mar '23) to 8.6× (Nov '26).
The price-to-sales ratio has risen from 0.6× (Mar '23) to 1.8× (Nov '26).
The dividend yield has fallen from 0.9% (Mar '23) to 0.2% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
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.