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Income Tax Expense for Martin Midstream Partners LP

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MMLP: Martin Midstream Partners LP

Martin Midstream Partners L.P., together with its subsidiaries, provides terminalling, processing, storage, and packaging services for petroleum products and by-products in the United States. It opera...

2.79 USD
Price
USD
Fair Value
Upside
2.36 - 4.13
52-week range

Analysis

How does Martin Midstream's Income Tax Expense benchmark against competitors?

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We've identified the following companies as similar to Martin Midstream Partners LP because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Income Tax Expense

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inc_tax
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number
Datatype
text
Format
current
Default Period
FY, Q, LTM, YTD
Periods Supported
Free
Plan

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Income Tax Expense

The total amount of income tax expense for the given period.

Definition of Income Tax Expense

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Martin Midstream reported income tax expense of 4.197 M for the latest twelve months ending December 31, 2024 on its income statement.

The tables below summarizes Martin Midstream’s Income Tax Expense and common size over the last five years:

Fiscal YearIncome Tax ExpenseRevenue% Revenue
2020-12-311.736 M672.1 M0.3%
2021-12-313.38 M882.4 M0.4%
2022-12-317.927 M1.019 B0.8%
2023-12-315.918 M798 M0.7%
2024-12-314.197 M707.6 M0.6%

The tables below summarizes Martin Midstream’s Income Tax Expense and common size over the last four quarters:

Quarter EndingIncome Tax ExpenseRevenue% Revenue
2024-03-31796 T180.8 M0.4%
2024-06-301.772 M184.5 M1.0%
2024-09-301.066 M170.9 M0.6%
2024-12-31563 T171.3 M0.3%

Click the link below to download a spreadsheet with an example Income Tax Expense calculation for Martin Midstream Partners LP below:

Sector Benchmark Analysis

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