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Diversified shipping company operating containerships, dry bulk carriers and tankers, part of the Navios group.
Diversified shipping company operating containerships, dry bulk carriers and tankers, part of the Navios group.
Charters its ships to operators, mostly on multi-year fixed-rate contracts that give a visible income stream, with some vessels on shorter or market-linked rates. Angeliki Frangou, who leads the wider Navios group, is its chairwoman and chief executive.
In one line: A diversified shipping holding company.
Moat: narrow (scale). Broad multi-segment fleet diversifies cash flow across shipping cycles better than single-segment peers.
Headquarters: Monaco · Founded: 2007
Size Navios Maritime Partners LP (NMM) is a United States Industrials company (Marine Shipping) with a market value of $2.42B, the 1679th largest of 3,117 United States companies the cockpit tracks. Shares closed at $85.33 on 6 Nov 2026.
Performance Over six months the shares gained 13.8%, against +4.5% for the median peer and -1.1% for the United States market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 19.3% over the last twelve months (peer median +10.3%); the operating margin is 39.3% (peer median 21.5%).
Valuation It trades at 3.9× forward earnings against a peer median of 8.7× (2nd cheapest of 19).
Capital Return on invested capital runs 0.8 points above its cost of capital (8.1% WACC).
Short interest Short interest is 2.2% of the free float (15 Oct 2026).
Next results Next results expected around 18 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.56B | $1.34B | $1.33B | $1.31B | $1.21B |
| Revenue growth | — | +1% | +2% | +8% | — |
| Gross profit | $1.10B | $906M | $882M | $859M | $829M |
| EBITDA | $938M | $767M | $737M | $717M | $685M |
| Net income | $569M | $279M | $360M | $425M | $568M |
| Free cash flow | n/a | -$36.0M | $223M | $278M | $330M |
| Capital expenditure | n/a | $541M | $260M | $282M | $177M |
| Total debt | $2.25B | $2.37B | $2.37B | $2.13B | $2.26B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Navios Maritime Partners LP NMM | $2.42B | +14% | +19% | 39% | 3.9× | n/a |
| Danaos DAC | $2.70B | +10% | +2% | 48% | 5.3× | -8.7% |
| Star Bulk Carriers SBLK | $2.99B | 0% | +6% | 28% | 5.7× | -0.1% |
| Costamare CMRE | $1.54B | -28% | -42% | 44% | 5.2× | -6.9% |
| Genco Shipping & Trading GNK | $1.13B | 0% | +26% | 17% | 10.2× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | NMM | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.2% | -8.8% | 8th highest of 21 |
| 6-month return | +13.8% | +4.5% | 7th highest of 21 |
| Distance from 52-week high | -12.0% | -16.2% | 7th highest of 21 |
| Revenue growth (TTM) | +19.3% | +10.3% | 4th highest of 20 |
| Operating margin | 39.3% | 21.5% | 4th highest of 21 |
| Forward P/E | 3.9× | 8.7× | 2nd cheapest of 19 |
| ROIC minus cost of capital | +0.8 pp | +1.8 pp | 10th lowest of 21 |
| EV / EBITDA | 4.4× | 6.8× | 3rd cheapest of 15 |
| Net debt / EBITDA | 1.9× | 1.3× | 7th most indebted of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Navios Maritime Partners LP NMM | United States | $2.42B | +14% | +19% | 39% | 3.9× | n/a | n/a |
| T.S. Lines 2510.HK | Hong Kong | $2.48B | +38% | -4% | 19% | 5.8× | -6.9% | +9.8% |
| Nanjing Tanker 601975.SS | China | $2.50B | -21% | +12% | 26% | 9.0× | -8.4% | +7.6% |
| Capital Tankers CAPT.OL | Norway | $2.57B | +45% | n/a | 37% | 7.3× | n/a | n/a |
| Pacific Basin Shipping 2343.HK | Hong Kong | $2.22B | +6% | -6% | 6% | 9.0× | 7.9% | +7.3% |
| Danaos DAC | United States | $2.70B | +10% | +2% | 48% | 5.3× | -8.7% | +17.7% |
| Great Eastern Shipping GESHIP.NS | India | $2.16B | -8% | +24% | 42% | 5.1× | 8.2% | +10.1% |
| Wisdom Marine Lines 2637.TW | Taiwan | $2.13B | +28% | +10% | 33% | 9.1× | -1.8% | +7.2% |
| Shanghai Jinjiang Shipping (Group) 601083.SS | China | $2.75B | +17% | +11% | 24% | 11.3× | -18.7% | +15.2% |
| Shenzhen Yan Tian Port 000088.SZ | China | $2.97B | +2% | +19% | 12% | 16.5× | 21.8% | +10.1% |
| Star Bulk Carriers SBLK | United States | $2.99B | 0% | +6% | 28% | 5.7× | -0.1% | +8.5% |
| PanOcean 028670.KS | South Korea | $1.91B | -12% | +24% | 9% | 5.0× | n/a | n/a |
| Clarkson CKN.L | United Kingdom | $1.90B | -5% | +15% | 14% | 13.9× | 5.2% | +12.0% |
| Sumitomo Warehouse 9303.T | Japan | $1.87B | +4% | +2% | 6% | 16.3× | 11.3% | +0.4% |
| CSSC (Hong Kong) Shipping 3877.HK | Hong Kong | $1.85B | -4% | -10% | 60% | 7.2× | -3.2% | +14.9% |
| Stolt-Nielsen SNI.OL | Norway | $1.82B | +4% | -5% | 11% | 8.8× | -4.5% | +9.5% |
| ZIM Integrated Shipping Services ZIM | United States | $3.37B | +5% | -25% | 6% | 3.7× | 2.7% | +11.6% |
| U-Ming Marine Transport 2606.TW | Taiwan | $1.70B | +6% | +13% | 29% | 8.7× | -3.8% | +12.8% |
| Hoegh Autoliners HAUTO.OL | Norway | $3.64B | +20% | -4% | 30% | 9.6× | -0.1% | +16.4% |
| Ningbo Ocean Shipping 601022.SS | China | $1.58B | -7% | +13% | 11% | n/a | n/a | n/a |
| NS United Kaiun Kaisha,Ltd 9110.T | Japan | $1.58B | +39% | +11% | 11% | n/a | -5.0% | +10.7% |