NMM Q1 2024 Earnings — Navios Maritime Partners L.P. Revenue & Financial Results | Market Cap Arena

NMMNavios Maritime Partners L.P.

$2B

Q1 2024 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$319M+2.9% YoY

Gross Profit

$204M63.9% margin

Operating Income

$98M30.7% margin

Net Income

$73M23.0% margin

EPS (Diluted)

$2.38

QoQ Revenue Growth

-2.7%

Cash Flow

Operating Cash Flow

$94M

Free Cash Flow

$4M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5.2B

Total Liabilities

$2.4B

Stockholders' Equity

$2.8B

Cash & Equivalents

$233M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$319M	$310M	+2.9%
Gross Profit	$204M	$118M	+72.6%
Operating Income	$98M	$101M	-3.3%
Net Income	$73M	$133M	-44.7%