Navios Maritime Partners L.P. is a company that manages and possesses vessels specialized in dry cargo, delivering vital marine shipping solutions across ...
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Est. EPS $4.94 · Revenue $382.59M · 2 analysts
Est. EPS $5.32 · Revenue $397.48M · 2 analysts
Est. EPS $18.19 · Revenue $1.47B · 2 analysts
Est. EPS $4.22 · Revenue $366.00M · 1 analysts
$0.22 per share
$0.22 per share
EPS $5.78 · Revenue $410.17M
EPS $3.64 · Revenue $357.01M
EPS $9.59 · Revenue $1.34B
EPS $1.90 · Revenue $346.92M
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $1.3B | +0.8% | +14.9% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $285.3M | -20.7% | +57.9% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +64.5% | -2.4% | +0.3% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +29.1% | -13.3% | +12.0% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +21.2% | -21.3% | +37.4% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $-36.0M | +93.1% | +71.0% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | -2.7% | +93.2% | +48.9% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 71.1% | -6.7% | -1.0% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 1.13x | +4.0% | +5.5% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $5.9B | +4.5% | +4.3% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 9.59 vs 7.92 | +21.1% | 5.78 vs 4.94 | +17.0% |
| Revenue Surprise | $1.3B vs $1.2B | +10.9% | $410.2M vs $382.6M | +7.2% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 12, 2026 | Frangou Angeliki | director, 10 percent owner, officer: See Remarks | Common Unit | A | 1,062 | $79.16 |
| Aug 11, 2026 | Frangou Angeliki | director, 10 percent owner, officer: See Remarks | Common Unit | A | 1,057 | $78.40 |
| Aug 10, 2026 | Frangou Angeliki | director, 10 percent owner, officer: See Remarks | Common Unit | A | 1,050 | $79.09 |
| Aug 7, 2026 | Frangou Angeliki | director, 10 percent owner, officer: See Remarks | Common Unit | A | 1,054 | $78.94 |
| Aug 6, 2026 | Frangou Angeliki | director, 10 percent owner, officer: See Remarks | Common Unit | A | 1,063 | $79.53 |
Operator: Hello, and welcome, everyone joining today's Navios Maritime Partners Q2 2026 Earnings Call. [Operator Instructions] Please note this call is being recorded, and we are standing by if you should need any assistance. With us today from the company are Chairwoman and CEO, Ms. Angeliki Frangou; Chief Operating Officer, Mr. Stratos Desypris; Chief Financial Officer, Ms. Eri Tsironi; and Chief Trading Officer, Mr. Vincent Vandewalle. As a reminder, this conference call is being webcast. To access the webcast, please go to the Investors section of Navios Partners website at www.navios-mlp.com. You'll see the webcasting link in the middle of the page, and a copy of the presentation referenced in today's earnings conference call will also be found there. Now I will review the safe harbor statement. This conference call could contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 about Navios Partners. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are based upon the current beliefs and expectations of Navios Partners' management and are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements. Such risks are more fully discussed in Navios Partners' filings with the Securities and Exchange Commission. The information set forth herein should be understood in light of such risks. Navios Partners does not assume any obligation to update this information contained in this conference call. The agenda for today's call is as follows: First, Ms. Frangou will offer opening remarks. Next, Mr. Desypris will give an overview of Navios Partners segment data. Next, Ms. Tsironi will give an overview of Navios Partners' financial results. Then Mr. Vandewalle will provide an industry overview. And lastly, we'll open the call to take questions. Now I turn the call over to Navios Partners Chairwoman and CEO, Ms. Angeliki Frangou. Angeliki? Angeliki Frangou: Good morning, and thank you all for joining us on today's call. I am pleased with our results. For the second quarter and first 6 months of 2026, we reported net income of $167.9 million and $274.3 million, EBITDA of $275.2 million and $487.8 million, earnings per common unit of $5.78 and $9.42. We also announced a $0.06 distribution per unit for the quarter. We continue to operate in a world marked with uncertainty and conflict. The war between Russia and Ukraine remains unresolved. The persistent attacks in the Strait of Hormuz and more recent ones in the Red Sea have caused persistent disruptions to global trade flows. Against this backdrop, trade has been surprisingly resilient and energy prices, while volatile, remain relatively muted. These conflicts are causing lasting implications for global trade patterns. Countries and companies are reassessing their exposure for critical resources to maritime chokepoints. They are …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Angeliki N. Frangou | Chairwoman & Chief Executive Officer | USD 150,000 | Female | 1965 | Active |
Georgios Akhniotis | Executive Vice President of Business Development & Director | — | Male | 1965 | Active |
Sofia Tavla | Senior Vice President of Corporate Legal | — | Female | 1984 | Active |
Vasiliki Papaefthymiou | Vice Chairwoman of Corporate Transactions & Director | — | Female | 1969 | Active |
Shunji Sasada | Vice Chairman of Commercial Operations & Director | — | Male | 1958 | Active |
Vincent Vandewalle | Chief Trading Officer | — | Male | 1974 | Active |
Joergen Rosleff | Chief Commercial Officer | — | Male | 1973 | Active |
Efstratios Desypris | Chief Operating Officer | — | Male | 1973 | Active |
Anna Kalathakis | President | — | Female | 1970 | Active |
Erifili Tsironi | Chief Financial Officer | — | Female | 1975 | Active |
PIRAEUS, Greece, July 30, 2026 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM), announced today that its Board of Directors has declared a cash distribution of $0.06 per unit for the quarter ended June 30, 2026. This distribution represents an annualized distribution of $0.24 per unit.
Navios Maritime Partners remains a strong buy, with a raised fair value of $115 per share despite over 100% stock appreciation. NMM trades at just 0.47x charter-free NAV, supported by robust buybacks and daily CEO share purchases, signaling strong insider confidence. The company's $4B contracted revenue, disciplined deleveraging, and ongoing fleet renewal underpin its attractive risk/reward profile.
Navios Maritime Partners (NMM) is rated a cautious Buy, supported by strong Q2 charter coverage, vessel sales, and fleet modernization. NMM's value-creating strategy includes selling old VLCCs at peak prices, ordering modern replacements, and securing long-term charters above historical averages. Despite trading at a deep discount to net vessel equity and low earnings multiples, persistent capital allocation toward fleet growth limits immediate upside.
PIRAEUS, Greece, May 27, 2026 (GLOBE NEWSWIRE) -- Navios Maritime Partners L. P. (the "Company") announced today that it has successfully completed a USD 30 million tap issue of its outstanding senior unsecured bond due November 7, 2030 (ISIN: NO0013685115). The tap issue was priced at 102.
PIRAEUS, Greece, May 27, 2026 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. (the “Company”) announced today that it has successfully completed a USD 30 million tap issue of its outstanding senior unsecured bond due November 7, 2030 (ISIN: NO0013685115). The tap issue was priced at 102.75% of par and was initiated by a reverse inquiry.
