Quality Investor

Navios Maritime Partners L.P.

Rank #346ValueWatchlistCompare with other stocks

NMM · NYSE · Industrials

Navios Maritime Partners L.P. (NMM) — Rank #346 by gross profitability (GP/assets 0.19) · ROE — · Piotroski F-Score N/A.

As-of 2026-10-30 · CIK 0001415921 · all metrics point-in-time as of the filing date.

About

Navios Maritime Partners L.P. owns and operates dry cargo and tanker vessels in Asia, Europe, North America, and Australia.

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The company offers seaborne transportation services for a range of liquid and dry cargo commodities, such as crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers. It charters its vessels under short, medium, and longer-term time charters. As of March 5, 2026, the company's fleet consisted of 66 dry bulk vessels, 51 containerships, and 53 tanker vessels. Navios Maritime Partners L.P.

was founded in 2007 and is based in Piraeus, Greece.

Industry
Marine Shipping
Sector
Industrials
State
1T
Filer Category
Large accelerated filer
Fiscal Year End
December 31

Company Snapshot

P/E and dividend yield are the primary valuation lenses for mature businesses.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

—

Industry

Marine Shipping

Exchange

NYSE

6/6

Flags passed

NMM passes 6/6 quality flags

  • PASS
    Gross margin holding
  • PASS
    Disclosure consistent
  • PASS
    Revenue not declining
  • PASS
    Passes safety gate
  • PASS
    Balance sheet stable
  • PASS
    SBC not compressing margin

No data Dilution · FCF vs investment · Operating margin · Free cash flow · Competitive position · Valuation — not counted as a pass.

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.19
Return on equity
—
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
—
Current ratio
1.53×
Net cash
-$761.33M

Cash Flow

1/1 pass
Positive FCF
N/A
Cash-backed earnings
N/A
Accruals healthy
PASS
SBC / revenue
0.0%

Growth

1/1 pass
Revenue growth
0.8%
Piotroski F-Score
N/A
Share dilution
—

Dividend yield and payout ratio are the primary reads at this stage (trailing P/E — see valuation above).

Profitability

Does it make money well?

No warning flags · GP/assets 0.19

Gross profitability (GP / assets)

0.19

Primary signal (Novy-Marx).

Return on equity

—

Gross margin

90.5%

Revenue growth (YoY)

0.8%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2022202320242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

3.6%

Revenue CAGR (5Y)

42.7%

Earnings CAGR (3Y)

-21.0%

FCF CAGR (3Y)

—

Cash Flow Health

Is the cash real?

No data

Free cash flow

—

Operating cash flow minus capex.

Positive free cash flow

N/A

FCF vs net income

—

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

N/A

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

0.0%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

No warning flags · net debt $761.33M

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

—

Current ratio

1.53×

Quick ratio

1.02×

Net cash

-$761.33M

Cash & equivalents minus total debt.

Piotroski F-Score

N/A

Only 8/9 components determinable.

Valuation

Is the price reasonable?

No data

Dividend safety

Composite score

1.2 / 5

Weak
Payout ratio
2.1%5/5 Strong
FCF coverage
N/A0/5 Weak
Dividend growth streak
0 yr0/5 Weak
Balance-sheet health
D/E N/A · IC N/A0/5 Weak

Capital allocation quality

Composite score

1.0 / 5

Weak
Share count trend
N/A0/5 Weak
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr0/5 Weak
Net debt trajectory(deleveraging)
1.8%3/5 Good

Lifecycle Phase History

20202025
Startup
Hypergrowth
Capital Return
Value

Price History

NMM+203.7% · +24.8% CAGRSPY+82.9% · +12.8% CAGR