Last Price$38.5(1.5%)
Market Cap$1,180.8M
LTM Operating Expenses
$425.6M
YoY Growth
+412.4%
3Y CAGR
+134.8%
5Y CAGR
+83.7%
Stock quality & Intrinsic value
6/10
21.9% undervalued
Navios Maritime Partners L.P. Operating Expenses
Annual
Quarterly
LTM
Crunching data... Almost there!
| Dec'05 | Dec'06 | Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Expenses | $948.0K | $8,035.0K | $10.8M | $15.7M | $30.1M | $65.2M | $95.3M | $108.9M | $6,305.0K | $7,839.0K | $7,931.0K | $12.4M | $17.2M | $18.5M | $21.0M | $24.0M | $41.5M | $67.2M | $412.2M |
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Navios Maritime Partners L.P. (NMM) Operating Expenses comparison analysis
General
LTM Operating Expenses
Growth
Company name
YoY growth
3Y CAGR
5Y CAGR
Navios Maritime Partners L.P.NMM
$425.6M
412.4%
134.8%
83.7%
Median Peer Set
$85.1M
15.3%
13.3%
13.4%
Kirby CorporationKEX
$490.9M
32.7%
17.4%
6.7%
Matson, Inc.MATX
$313.1M
10.5%
9.8%
7.6%
ZIM Integrated Shipping Services Ltd.ZIM
$184.3M
(40.2%)
(10.2%)
(5.5%)
Costamare Inc.CMRE
$92.7M
15.3%
25.9%
24.7%
Danaos CorporationDAC
$90.1M
59.2%
18.5%
20.4%
Star Bulk Carriers Corp.SBLK
$80.0M
106.7%
(28.6%)
17.8%
Golden Ocean Group LimitedGOGL
$18.5M
(1.1%)
10.6%
15.0%
SFL Corporation Ltd.SFL
$17.5M
15.3%
16.0%
11.8%
Capital Product Partners L.P.CPLP
$16.1M
34.9%
32.2%
28.9%
Global Ship Lease, Inc.GSL
$14.5M
(18.7%)
7.9%
3.7%
NMM key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'05 | Dec'06 | Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 9.2 0.0% | 31.5 241.8% | 50.4 59.6% | 75.1 49.1% | 92.6 23.4% | 143.2 54.6% | 187.0 30.5% | 205.4 9.9% | 198.2 (3.5%) | 227.4 14.7% | 223.7 (1.6%) | 190.5 (14.8%) | 211.7 11.1% | 231.4 9.3% | 219.4 (5.2%) | 226.8 3.4% | 713.2 214.5% | 1,210.5 69.7% | 1,306.9 8.0% |
| Cost of Goods Sold (COGS) | 3.6 | 7.0 | 14.0 | 11.6 | 14.3 | 12.1 | 13.5 | 13.0 | 128.6 | 162.3 | 143.7 | 163.6 | 151.4 | 143.4 | 140.8 | 171.1 | 369.7 | 693.2 | 447.5 |
% margin | 5.6 60.6% | 24.6 77.9% | 36.4 72.3% | 63.5 84.6% | 78.3 84.5% | 131.1 91.5% | 173.4 92.8% | 192.5 93.7% | 69.5 35.1% | 65.0 28.6% | 80.0 35.8% | 26.9 14.1% | 60.3 28.5% | 88.0 38.0% | 78.6 35.8% | 55.6 24.5% | 343.5 48.2% | 517.3 42.7% | 859.4 65.8% |
| Operating Expenses | 0.9 | 8.0 | 10.8 | 15.7 | 30.1 | 65.2 | 95.3 | 108.9 | 6.3 | 7.8 | 7.9 | 12.4 | 17.2 | 18.5 | 21.0 | 24.0 | 41.5 | 67.2 | 412.2 |
| Research & Development Expenses (R&D) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Selling, General & Administrative Expenses (SG&A) | 0.0 | 0.0 | 1.4 | 3.8 | 14.2 | 24.0 | 31.3 | 37.2 | 6.3 | 7.8 | 7.9 | 12.4 | 17.2 | 18.5 | 21.0 | 24.0 | 41.5 | 67.2 | 412.2 |
% margin | 4.6 50.3% | 16.5 52.4% | 25.6 50.8% | 47.8 63.7% | 54.3 58.6% | 65.9 46.0% | 82.5 44.1% | 83.6 40.7% | 63.2 31.9% | 57.2 25.2% | 72.1 32.2% | 14.5 7.6% | 43.1 20.4% | 69.5 30.0% | 19.8 9.0% | (22.9) (10.1%) | 482.8 67.7% | 513.0 42.4% | 665.0 50.9% |
| Interest Income | 0.0 | 0.0 | 0.0 | 0.3 | 0.3 | 1.0 | 0.8 | 0.2 | 0.1 | 0.2 | 0.2 | 0.5 | 3.3 | 4.4 | 6.2 | 0.6 | 0.9 | 0.9 | 10.7 |
| Interest Expense | 0.1 | 6.3 | 5.5 | 9.2 | 8.0 | 6.4 | 9.2 | 10.1 | 16.9 | 28.8 | 31.7 | 31.2 | 38.2 | 42.8 | 45.3 | 24.2 | 42.8 | 83.1 | 133.6 |
| Pre-tax Income | 0.0 | 16.5 | 19.0 | 28.8 | 34.3 | 65.9 | 78.1 | 95.9 | 59.0 | 74.9 | 41.8 | (52.5) | (14.9) | (13.1) | (62.1) | (68.5) | 511.3 | 579.2 | 433.6 |
% effective tax rate | 0.5 0.0% | 9.9 60.0% | (0.5) (2.5%) | 19.1 66.3% | 13.9 40.5% | 15.1 22.9% | 12.8 16.4% | (12.3) (12.8%) | 29.5 50.1% | 74.9 100.1% | 33.0 78.8% | 41.5 (79.0%) | (28.7) 193.1% | (39.8) 304.3% | 1.2 (2.0%) | (31.0) 45.2% | 217.8 42.6% | (149.4) (25.8%) | 0.0 0.0% |
% margin | 4.1 44.5% | 6.6 21.0% | 19.5 38.7% | 28.8 38.3% | 34.3 37.0% | 50.8 35.5% | 65.3 34.9% | 95.9 46.7% | 59.0 29.8% | 74.9 32.9% | 41.8 18.7% | (52.5) (27.6%) | (15.1) (7.1%) | (13.1) (5.7%) | (63.4) (28.9%) | (37.5) (16.6%) | 293.5 41.2% | 579.2 47.9% | 433.6 33.2% |
| EPS | 3.35 | 5.40 | 2.25 | 22.95 | 22.05 | 17.70 | 16.80 | 24.15 | 12.60 | 13.95 | 7.20 | (9.48) | (1.71) | (1.21) | (5.85) | (3.42) | 12.97 | 18.82 | 14.08 |
| Diluted EPS | 3.35 | 5.40 | 2.25 | 22.95 | 22.05 | 17.70 | 16.80 | 24.15 | 12.60 | 13.95 | 7.20 | (9.30) | (1.65) | (1.21) | (5.85) | (3.42) | 12.95 | 18.82 | 14.08 |
% margin | 5.6 60.6% | 24.1 76.4% | 35.1 69.7% | 49.8 66.4% | 70.2 75.8% | 108.0 75.4% | 138.6 74.1% | 177.6 86.5% | 153.4 77.4% | 200.2 88.1% | 144.0 64.4% | 77.4 40.7% | 102.6 48.5% | 90.2 39.0% | 73.4 33.5% | 21.8 9.6% | 601.8 84.4% | 897.0 74.1% | 794.0 60.8% |
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FAQ
1) What is Navios Maritime Partners L.P.'s Operating Expenses?
As of today, Navios Maritime Partners L.P.'s last 12-month Operating Expenses is $425.6M, based on the financial report for Sep 30, 2024 (Q3’2024).
2) What is Navios Maritime Partners L.P.'s Operating Expenses growth rate?
Over the last year, Navios Maritime Partners L.P.'s Operating Expenses growth was 412.4%. The average annual Operating Expenses growth rates for Navios Maritime Partners L.P. have been 158.0% over the past three years, 83.7% over the past five years.
3) Is Navios Maritime Partners L.P.'s Operating Expenses growth rate Good?
Over the last year, Navios Maritime Partners L.P.'s Operating Expenses growth was 412.4%, which is higher than industry growth of 0.0%. It indicates that Navios Maritime Partners L.P.'s Operating Expenses growth is Bad.