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NYSE · Industrials

Navios Maritime Partners L.P. (NMM)

As-reported financials and SEC filings for Navios Maritime Partners L.P. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Navios Maritime Partners L.P.

Navios Maritime Partners L.P. is an international owner and operator of dry cargo and tanker vessels. The company provides seaborne transportation services for various liquid and dry cargo commodities such as iron ore, oil, coal, grain, fertilizer, and containers. It charters its vessels under short-term to long-term agreements to a range of global shipping companies and manages its operations from offices in Greece, Singapore, and Monaco.

Snapshot

Revenue
$1.34B
Revenue growth (YoY)
0.8%
Net income
$285.3M
Diluted EPS
—
Gross margin
90.5%
Operating margin
—
Net margin
21.2%
FCF margin
—
ROE
—
net income / fiscal-year-end equity
P/E
5.8×
trailing when available, otherwise FY EPS
Market cap
$2.55B
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Navios Maritime Partners

  • Revenue grew 0.8% to $1.3B in FY2025, in line with the 2.1% the year before.
  • Most recent quarter Q2 FY2026: revenue $410M, up 25.2% from Q2 FY2025.
  • Net income fell 22.3% to $285M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Navios Maritime Partners’s fundamentals sit among the 668 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin90.5%
Highest of 455
Net margin21.2%
94th percentile of 630
Revenue growth (YoY)+0.8%
36th percentile of 652
P/E5.8×
7th percentile of 406
Short interest3.15d
47th percentile of 661

Navios Maritime Partners’s gross margin of 90.5% is the highest of the 455 Industrials companies reporting it. Navios Maritime Partners’s net margin of 21.2% ranks in the 94th percentile of the 630 Industrials companies reporting it. Navios Maritime Partners’s P/E of 5.8 ranks in the 7th percentile of the 406 peers with a meaningful P/E.

18 reported insider purchases (code P) totaling $847.5M in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
18
1 insider
Bought (90d)
$847.5M
code P value
Sells (90d)
0
—
Reported activity
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-12
Angeliki FrangouSee RemarksBuy1.1K$79.16$84K
2026-08-11
filed 2026-08-12
Angeliki FrangouSee RemarksBuy1.1K$78.40$83K
2026-08-10
filed 2026-08-12
Angeliki FrangouSee RemarksBuy1.1K$79.09$83K
2026-08-07
Angeliki FrangouSee RemarksBuy1.1K$78.94$83K
2026-08-06
filed 2026-08-07
Angeliki FrangouSee RemarksBuy1.1K$79.53$85K
2026-08-05
filed 2026-08-07
Angeliki FrangouSee RemarksBuy1.1K$78.41$83K
2026-08-04
Angeliki FrangouSee RemarksBuy1.0K$78.94$82K
2026-08-03
filed 2026-08-04
Angeliki FrangouSee RemarksBuy653$79.91$52K
2026-07-31
filed 2026-08-04
Angeliki FrangouSee RemarksBuy830$80.00$66K
2026-07-30
Angeliki FrangouSee RemarksBuy1.1K$78.37$84K
2026-07-29
filed 2026-07-30
Angeliki FrangouSee RemarksBuy1.1K$78.55$83K
2026-07-28
filed 2026-07-30
Angeliki FrangouSee RemarksBuy1.1K$78.59$84K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
492.3K
settled 2026-09-30
Change vs prior
+7.2%
vs previous settlement
Days to cover
3.15
at avg daily volume
Avg daily volume
156.1K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-30492.3K+7.2%3.15
2026-09-15459.1K+44.0%2.27
2026-08-31319.0K-7.2%1.71
2026-08-14343.8K+4.6%3.50
2026-07-31328.6K-14.6%2.63
2026-07-15384.7K+0.4%3.87
2026-06-30383.1K-9.8%4.02
2026-06-15425.0K-1.0%3.52

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.34B$1.33B$1.31B$1.21B$713.2M
Gross profit—
Operating income—————
Net income$285.3M$367.3M$433.6M$579.2M$516.2M
Diluted EPS—————

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$402.8M$270.2M$240.4M$157.8M$159.5M
Current assets$512.1M$443.0M$399.7M$310.4M$226.3M
Total assets$5.93B$5.67B$5.15B$4.90B$3.62B
Current liabilities$455.1M$409.7M$459.6M$617.7M$395.5M
Long-term debt$974.6M$917.1M$751.8M$689.7M$640.9M
Total liabilities$2.59B$2.57B$2.38B$2.55B$1.85B
Total equity———$2.34B$1.77B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$505.0M$483.5M$560.3M$506.3M$277.2M
Capital expenditure——$182.9M$433.8M$217.0M
Free cash flow——

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$410.2M25.2%$167.9M—
Q1 FY2026——$106.3M—
Q2 FY2025$327.6M-4.3%$69.9M—
Q1 FY2025——$41.7M—
Q2 FY2024$342.2M-1.4%$101.5M—
Q1 FY2024——$73.4M—
Q2 FY2023$346.9M23.6%$112.3M—
Q1 FY2023——$99.2M—

Latest 8 quarters, from company XBRL filings on SEC EDGAR. Revenue YoY is our calculation: each quarter against the same quarter a year earlier.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryDeep Sea Foreign Transportation of Freight
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2007
SEC CIK1415921

Selected SEC filings

20-F2026-03-12
View on EDGAR →
6-K2026-10-05
View on EDGAR →
6-K2026-08-27
View on EDGAR →
6-K2026-05-22
View on EDGAR →

Largest Industrials peers

All Industrials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.