Company Analysis

Navios Maritime Partners L.P. (NMM)

NYSE: NMM · Deep Sea Foreign Transportation of Freight · Piraeus 18538 · filing with the SEC since 2007
Grade5.6
◀ Past 5.7● Present 6.1▶ Future 4.9
3 est.

The grade of Navios Maritime Partners L.P.

Nine metrics read from its own filings, by tense
Headline grade
5.6/10
◀ Past5.730% of the headline
● Present6.140% of the headline
▶ Future4.930% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 6 read as filed from the record and 3 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.7/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
6.1/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 61st percentile among 44 sector filers · read for itself

From the record

Navios Maritime Partners L.P.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.1/10

What has it actually done, year after year?

+24.2% a year over 10 filed years; profitable in 5 of 10.

weight 45% of this tense · 71st percentile among 42 sector filers · read for its customers

From the record

Navios Maritime Partners L.P.'s 10 filed years say what it did: revenue went from $191 million in fiscal 2016 to $1.3 billion in fiscal 2025, up 24.2% a year; it rose in 8 of 9 years; the deepest fall was 5% from fiscal 2018 to fiscal 2019; net income was positive in 5 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span24.2%top 16% of its family
  • the share of years revenue rosetop 10% of its family
  • the share of filed years with a profitbottom 23% of its family
  • the deepest fall from a revenue peak5.2%top 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
2.1/10

How has it treated the people who own it?

SI estimate 2.1/10, confidence 35 of 100 (one part).

weight 22% of this tense · 21st percentile among 44 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the cash returned against operating cash flow, which ranks in the bottom 21% of 44 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: cash returned against operating cash flow, the one part on file, ranked among 44 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Navios Maritime Partners L.P.'s shareholder treatment is put at 2.1 of 10 with a confidence of 35 of 100, because read from one part only, the cash returned against operating cash flow, which ranks in the bottom 21% of 44 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

6.1/1040% of the headline grade · 1 of 3 filed, 2 estimated

Financial health

SI estimate
5.5/10

Is it financially healthy right now?

SI estimate 5.5/10, confidence 20 of 100 (family median).

weight 33% of this tense · 50th percentile among 43 sector filers · read for itself

SI estimate Inferred, not read as filed

Why it is an estimate
No balance sheet on file, so the desk assumes the typical reading of its industry family, the median of 43 members with one.
What the record cannot read
No balance sheet on file.
How it was reasoned
family median, 43 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Navios Maritime Partners L.P.'s financial health is put at 5.5 of 10 with a confidence of 20 of 100, because no balance sheet on file, so the desk assumes the typical reading of its industry family, the median of 43 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

Industry position

as filed
6.7/10

How strong is its position in its industry?

top 33% of 43 in its family; net margin 21.2%.

weight 45% of this tense · 67th percentile among 43 sector filers · read for its customers

From the record

Navios Maritime Partners L.P.'s standing among 43 graded names in its industry family: revenue of $1.3 billion in fiscal 2025 ranks in the top 6% by size; a net margin of 21.2% ranks in the top 45%; revenue growth of 3.6% a year over the last 3 filed years ranks in the top 49% (its annual reports).

What it rests on

  • revenue against the family$1.34Btop 6% of its family
  • net margin21.2%top 45% of its family
  • three-year revenue growth3.6%top 49% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.8/10

What are the people in charge doing?

SI estimate 5.8/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 8 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 8 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 8 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Navios Maritime Partners L.P.'s leadership is put at 5.8 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 8 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.9/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
7.1/10

How much room does it have to grow?

top 29% of 42 in its family for room to expand.

weight 22% of this tense · 71st percentile among 42 sector filers · read for itself

From the record

Navios Maritime Partners L.P.'s room to grow, from the newest filed statements (fiscal 2025): cash of $403 million against debt of $975 million leaves -9.6% of its assets as net cash, bottom 49% of its family; cash from operations less capital spending is 37.6% of revenue (top 30%); a gross margin of 90.5% (top 6%) (its annual report).

What it rests on

  • cash less debt against assets-9.6%bottom 49% of its family
  • cash from operations less capital spending against revenue37.6%top 30% of its family
  • gross margin90.5%top 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.5/10

What could actually drive growth from here?

bottom 45% of 41 in its family for growth drivers.

weight 45% of this tense · 45th percentile among 41 sector filers · read for its customers

From the record

Navios Maritime Partners L.P.'s growth drivers, from the filed years to fiscal 2025: revenue grew 3.6% a year over the last three filed years against 24.2% over all 10, slowing (bottom 23% of its family); the newest year grew 0.8% (top 44%); capital spending grew 36.2% a year (top 44%) (its annual reports). Navios Maritime Partners L.P. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-20.7 points a yearbottom 23% of its family
  • the newest year's revenue growth0.8%top 44% of its family
  • three-year growth of capital spending36.2%top 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.1/10

Did its newest year beat what its own record pointed to?

bottom 41% of 39 in its family for expectations against reality.

weight 33% of this tense · 41st percentile among 39 sector filers · read for its shareholders

From the record

Navios Maritime Partners L.P.'s newest year against its own record: revenue of $1.3 billion in fiscal 2025 came in 4% below the $1.4 billion its prior three years' pace pointed to (top 49% of its family); net income of $285 million against a prior three-year average of $460 million (bottom 42%); a net margin of 21.2% against 36.2% before (bottom 29%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-4.0%top 49% of its family
  • net income against the prior three years' average-38%bottom 42% of its family
  • net margin against its prior average-15.0 pointsbottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton NMM · research, not advice