Martin Historical Income Statement

MMLP Stock

USD 3.98 0.01 0.25%

Historical analysis of Martin Midstream income statement accounts such as Gross Profit of 204.2 M can show how well Martin Midstream Partners performed in making a profits. Evaluating Martin Midstream income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Martin Midstream's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Martin Midstream Partners latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Martin Midstream Partners is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About Martin Income Statement Analysis

Martin Midstream Partners Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Martin Midstream shareholders. The income statement also shows Martin investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Martin Midstream Income Statement Chart

At this time, Martin Midstream's Total Revenue is relatively stable compared to the past year. As of 12/02/2024, Gross Profit is likely to grow to about 204.2 M, while Operating Income is likely to drop slightly above 46.1 M.

Total Revenue Gross Profit Other Operating Expenses Operating Income

Total Revenue

Total revenue comprises all receipts Martin Midstream Partners generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Martin Midstream Partners minus its cost of goods sold. It is profit before Martin Midstream operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Martin Midstream Partners. It is also known as Martin Midstream overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Martin Midstream Partners operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Martin Midstream Partners is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Martin Midstream's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Martin Midstream Partners current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

	2021	2022	2023	2024 (projected)
Gross Profit	292.6M	339.3M	106.2M	204.2M
Total Revenue	882.4M	1.0B	798.0M	868.8M

Gross Profit Total Revenue

Martin Midstream income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Discontinued Operations	Non Recurring	Extraordinary Items	Minority Interest	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.66	0.25	0.59	0.17	0.6	0.54	0.71	0.15	0.19	0.31	0.15	0.17	-0.17	-0.01	0.08	0.03	-0.26	0.23	0.48	0.23	-0.12	-0.3	0.17	0.17
Interest Expense	0.66		0.22	0.51	0.13	0.62	0.66	0.72	0.13	0.11	-0.14	-0.45	-0.14	0.36	-0.08	-0.46	-0.15	0.28	-0.36	0.04	-0.36	-0.6	-0.63	-0.3	-0.46
Total Revenue	0.25	0.22		0.59	0.99	0.71	0.41	0.41	0.98	0.23	0.12	0.05	0.23	0.01	0.22	-0.11	-0.66	-0.16	0.3	-0.09	0.3	0.43	0.44	0.22	0.34
Gross Profit	0.59	0.51	0.59		0.54	0.6	0.73	0.77	0.43	0.67	0.18	-0.11	0.06	0.11	0.17	-0.11	-0.27	-0.01	-0.11	0.12	-0.11	-0.07	-0.06	0.23	0.03
Other Operating Expenses	0.17	0.13	0.99	0.54		0.64	0.34	0.33	0.99	0.24	0.08	0.08	0.22	-0.02	0.22	-0.11	-0.67	-0.17	0.33	-0.14	0.33	0.49	0.51	0.25	0.38
Operating Income	0.6	0.62	0.71	0.6	0.64		0.54	0.61	0.66	0.06	0.29	-0.2	0.22	0.13	-0.12	-0.02	-0.48	-0.07	0.06	0.3	0.06	0.05	0.03	0.07	0.1
Ebit	0.54	0.66	0.41	0.73	0.34	0.54		0.98	0.29	0.32	0.2	-0.22	0.06	0.58	0.13	-0.15	0.0	0.46	-0.25	0.18	-0.25	-0.36	-0.33	-0.17	-0.25
Ebitda	0.71	0.72	0.41	0.77	0.33	0.61	0.98		0.28	0.32	0.25	-0.14	0.1	0.44	0.11	-0.11	0.01	0.32	-0.15	0.28	-0.15	-0.33	-0.35	-0.1	-0.17
Cost Of Revenue	0.15	0.13	0.98	0.43	0.99	0.66	0.29	0.28		0.1	0.09	0.08	0.24	-0.01	0.21	-0.1	-0.67	-0.17	0.36	-0.12	0.36	0.5	0.51	0.19	0.37
Total Operating Expenses	0.19	0.11	0.23	0.67	0.24	0.06	0.32	0.32	0.1		0.03	0.16	-0.02	-0.22	0.11	0.03	-0.11	-0.23	0.02	-0.05	0.02	0.19	0.19	0.61	0.26
Income Before Tax	0.31	-0.14	0.12	0.18	0.08	0.29	0.2	0.25	0.09	0.03		0.58	0.76	-0.14	0.23	0.91	0.51	-0.31	0.33	0.51	0.33	0.33	0.27	0.31	0.42
Total Other Income Expense Net	0.15	-0.45	0.05	-0.11	0.08	-0.2	-0.22	-0.14	0.08	0.16	0.58		0.66	-0.63	0.28	0.72	0.4	-0.68	0.82	0.16	0.82	0.68	0.48	0.59	0.79
Net Income	0.17	-0.14	0.23	0.06	0.22	0.22	0.06	0.1	0.24	-0.02	0.76	0.66		-0.17	0.04	0.69	0.34	-0.42	0.5	0.23	0.5	0.38	0.26	0.29	0.45
Income Tax Expense	-0.17	0.36	0.01	0.11	-0.02	0.13	0.58	0.44	-0.01	-0.22	-0.14	-0.63	-0.17		-0.08	-0.38	0.07	0.95	-0.71	-0.24	-0.71	-0.65	-0.43	-0.75	-0.78
Selling General Administrative	-0.01	-0.08	0.22	0.17	0.22	-0.12	0.13	0.11	0.21	0.11	0.23	0.28	0.04	-0.08		0.12	0.21	-0.04	0.05	-0.08	0.05	0.13	0.15	0.07	0.08
Net Income From Continuing Ops	0.08	-0.46	-0.11	-0.11	-0.11	-0.02	-0.15	-0.11	-0.1	0.03	0.91	0.72	0.69	-0.38	0.12		0.56	-0.47	0.48	0.49	0.48	0.51	0.43	0.46	0.59
Non Operating Income Net Other	0.03	-0.15	-0.66	-0.27	-0.67	-0.48	0.0	0.01	-0.67	-0.11	0.51	0.4	0.34	0.07	0.21	0.56		0.09	-0.08	0.18	-0.08	-0.26	-0.29	-0.14	-0.14
Tax Provision	-0.26	0.28	-0.16	-0.01	-0.17	-0.07	0.46	0.32	-0.17	-0.23	-0.31	-0.68	-0.42	0.95	-0.04	-0.47	0.09		-0.74	-0.25	-0.74	-0.68	-0.45	-0.79	-0.82
Discontinued Operations	0.23	-0.36	0.3	-0.11	0.33	0.06	-0.25	-0.15	0.36	0.02	0.33	0.82	0.5	-0.71	0.05	0.48	-0.08	-0.74		0.29	1.0	0.81	0.57	0.58	0.92
Non Recurring	0.48	0.04	-0.09	0.12	-0.14	0.3	0.18	0.28	-0.12	-0.05	0.51	0.16	0.23	-0.24	-0.08	0.49	0.18	-0.25	0.29		0.29	0.12	-0.03	0.26	0.34
Extraordinary Items	0.23	-0.36	0.3	-0.11	0.33	0.06	-0.25	-0.15	0.36	0.02	0.33	0.82	0.5	-0.71	0.05	0.48	-0.08	-0.74	1.0	0.29		0.81	0.57	0.58	0.92
Minority Interest	-0.12	-0.6	0.43	-0.07	0.49	0.05	-0.36	-0.33	0.5	0.19	0.33	0.68	0.38	-0.65	0.13	0.51	-0.26	-0.68	0.81	0.12	0.81		0.93	0.72	0.92
Interest Income	-0.3	-0.63	0.44	-0.06	0.51	0.03	-0.33	-0.35	0.51	0.19	0.27	0.48	0.26	-0.43	0.15	0.43	-0.29	-0.45	0.57	-0.03	0.57	0.93		0.57	0.72
Net Interest Income	0.17	-0.3	0.22	0.23	0.25	0.07	-0.17	-0.1	0.19	0.61	0.31	0.59	0.29	-0.75	0.07	0.46	-0.14	-0.79	0.58	0.26	0.58	0.72	0.57		0.82
Reconciled Depreciation	0.17	-0.46	0.34	0.03	0.38	0.1	-0.25	-0.17	0.37	0.26	0.42	0.79	0.45	-0.78	0.08	0.59	-0.14	-0.82	0.92	0.34	0.92	0.92	0.72	0.82

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Martin Midstream Account Relationship Matchups

Martin Midstream income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	60.1M	61.5M	56.8M	56.3M	49.9M	45.7M
Interest Expense	51.7M	46.2M	54.1M	53.7M	60.3M	31.1M
Total Revenue	847.1M	672.1M	882.4M	1.0B	798.0M	868.8M
Gross Profit	294.3M	253.8M	292.6M	339.3M	106.2M	204.2M
Other Operating Expenses	789.0M	630.5M	825.3M	967.6M	732.6M	826.7M
Operating Income	58.1M	46.5M	57.3M	51.3M	65.4M	46.1M
Ebit	58.1M	31.8M	57.3M	238.4M	61.7M	50.2M
Ebitda	118.2M	93.3M	114.0M	294.6M	111.6M	96.0M
Cost Of Revenue	552.9M	418.4M	589.8M	679.6M	691.8M	664.7M
Total Operating Expenses	236.2M	212.2M	235.5M	288.0M	40.8M	38.8M
Income Before Tax	6.4M	(5.0M)	3.2M	(2.4M)	1.4M	1.3M
Total Other Income Expense Net	(51.7M)	(51.5M)	(54.1M)	(53.7M)	(64.0M)	(60.8M)
Net Income	4.5M	(6.8M)	(211K)	(10.3M)	(4.5M)	(4.3M)
Income Tax Expense	1.9M	1.7M	3.4M	7.9M	5.9M	6.2M
Selling General Administrative	41.4M	40.9M	41.0M	41.8M	40.8M	38.9M
Net Income Applicable To Common Shares	(178.4M)	(6.9M)	(207K)	(10.3M)	(9.3M)	(8.8M)
Preferred Stock And Other Adjustments	(882K)	3.5M	135K	4K	4.6K	4.8K
Net Income From Continuing Ops	4.5M	(6.8M)	(211K)	(10.3M)	(4.5M)	(4.3M)
Non Operating Income Net Other	6K	(5.3M)	(4K)	(5K)	(5.8K)	(6.0K)
Tax Provision	1.9M	1.7M	3.4M	7.9M	5.9M	6.2M
Minority Interest	6.6M	2.1M	1.9M	207K	186.3K	177.0K
Net Interest Income	(51.7M)	(46.2M)	(54.1M)	(53.7M)	(60.3M)	(63.3M)
Reconciled Depreciation	60.1M	61.5M	56.8M	56.3M	49.9M	51.0M

Pair Trading with Martin Midstream

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Martin Midstream position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Martin Midstream will appreciate offsetting losses from the drop in the long position's value.

Moving together with Martin Stock

0.66	AM	Antero Midstream Partners	Pair Corr
0.76	EE	Excelerate Energy	Pair Corr

Moving against Martin Stock

0.69	LPG	Dorian LPG	Pair Corr
0.63	PXS	Pyxis Tankers	Pair Corr
0.62	BROGW	Brooge Energy Limited	Pair Corr
0.56	PXSAW	Pyxis Tankers	Pair Corr
0.48	NAT	Nordic American Tankers	Pair Corr

The ability to find closely correlated positions to Martin Midstream could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Martin Midstream when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Martin Midstream - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Martin Midstream Partners to buy it.

The correlation of Martin Midstream is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Martin Midstream moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Martin Midstream Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Martin Midstream can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Martin Stock Analysis

When running Martin Midstream's price analysis, check to measure Martin Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Martin Midstream is operating at the current time. Most of Martin Midstream's value examination focuses on studying past and present price action to predict the probability of Martin Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Martin Midstream's price. Additionally, you may evaluate how the addition of Martin Midstream to your portfolios can decrease your overall portfolio volatility.

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Martin Historical Income Statement

About Martin Income Statement Analysis

Martin Midstream Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Martin Midstream income statement Correlations

Martin Midstream Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Martin Midstream income statement Accounts

Pair Trading with Martin Midstream

Moving together with Martin Stock

Moving against Martin Stock

Additional Tools for Martin Stock Analysis

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Extraordinary Items	+ 1.0	Discontinued Operations
Other Operating Expenses	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Other Operating Expenses
Cost Of Revenue	+ 0.98	Total Revenue
Ebitda	+ 0.98	Ebit
Tax Provision	+ 0.95	Income Tax Expense

Reconciled Depreciation	- 0.82	Tax Provision
Net Interest Income	- 0.79	Tax Provision
Reconciled Depreciation	- 0.78	Income Tax Expense
Net Interest Income	- 0.75	Income Tax Expense
Extraordinary Items	- 0.74	Tax Provision
Discontinued Operations	- 0.74	Tax Provision