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Side-by-side financial comparison of ENNIS, INC. (EBF) and MARTIN MIDSTREAM PARTNERS L.P. (MMLP). Click either name above to swap in a different company.

MARTIN MIDSTREAM PARTNERS L.P. is the larger business by last-quarter revenue ($187.7M vs $100.2M, roughly 1.9× ENNIS, INC.). ENNIS, INC. runs the higher net margin — 10.8% vs 1.7%, a 9.1% gap on every dollar of revenue. On growth, ENNIS, INC. posted the faster year-over-year revenue change (0.4% vs -2.5%). ENNIS, INC. produced more free cash flow last quarter ($15.7M vs $-6.0M). Over the past eight quarters, ENNIS, INC.'s revenue compounded faster (1.4% CAGR vs 0.8%).

ENNIS, INC. (ticker EBF) is a leading North American provider of printed business products and related services. Its offerings include custom business forms, pressure-sensitive labels, marketing collateral, promotional items, and branded packaging, serving clients across retail, healthcare, financial services, and small business segments.

Martin Midstream Partners L.P. is a U.S.-based midstream energy services provider. It offers storage, transportation, distribution and processing solutions for crude oil, natural gas liquids, refined petroleum products and specialty chemicals, mainly serving customers across North American energy and industrial segments.

EBF vs MMLP — Head-to-Head

Bigger by revenue
MMLP
MMLP
1.9× larger
MMLP
$187.7M
$100.2M
EBF
Growing faster (revenue YoY)
EBF
EBF
+2.9% gap
EBF
0.4%
-2.5%
MMLP
Higher net margin
EBF
EBF
9.1% more per $
EBF
10.8%
1.7%
MMLP
More free cash flow
EBF
EBF
$21.7M more FCF
EBF
$15.7M
$-6.0M
MMLP
Faster 2-yr revenue CAGR
EBF
EBF
Annualised
EBF
1.4%
0.8%
MMLP

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
EBF
EBF
MMLP
MMLP
Revenue
$100.2M
$187.7M
Net Profit
$10.8M
$3.2M
Gross Margin
31.9%
Operating Margin
15.0%
4.1%
Net Margin
10.8%
1.7%
Revenue YoY
0.4%
-2.5%
Net Profit YoY
6.1%
-37.1%
EPS (diluted)
$0.42

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EBF
EBF
MMLP
MMLP
Q1 26
$187.7M
Q4 25
$100.2M
$174.2M
Q3 25
$98.7M
$168.7M
Q2 25
$97.2M
$180.7M
Q1 25
$92.7M
$192.5M
Q4 24
$99.8M
$171.3M
Q3 24
$99.0M
$170.9M
Q2 24
$103.1M
$184.5M
Net Profit
EBF
EBF
MMLP
MMLP
Q1 26
$3.2M
Q4 25
$10.8M
$-2.9M
Q3 25
$13.2M
$-8.4M
Q2 25
$9.8M
$-2.4M
Q1 25
$9.0M
$-1.0M
Q4 24
$10.2M
$-8.9M
Q3 24
$10.3M
$-3.3M
Q2 24
$10.7M
$3.8M
Gross Margin
EBF
EBF
MMLP
MMLP
Q1 26
Q4 25
31.9%
57.1%
Q3 25
30.5%
55.1%
Q2 25
31.1%
56.5%
Q1 25
29.5%
53.5%
Q4 24
29.3%
58.2%
Q3 24
30.1%
58.5%
Q2 24
30.0%
58.4%
Operating Margin
EBF
EBF
MMLP
MMLP
Q1 26
4.1%
Q4 25
15.0%
7.3%
Q3 25
12.5%
4.1%
Q2 25
13.7%
8.2%
Q1 25
13.0%
7.5%
Q4 24
13.1%
4.0%
Q3 24
13.3%
7.4%
Q2 24
13.3%
10.8%
Net Margin
EBF
EBF
MMLP
MMLP
Q1 26
1.7%
Q4 25
10.8%
-1.7%
Q3 25
13.3%
-5.0%
Q2 25
10.1%
-1.3%
Q1 25
9.7%
-0.5%
Q4 24
10.2%
-5.2%
Q3 24
10.4%
-1.9%
Q2 24
10.4%
2.0%
EPS (diluted)
EBF
EBF
MMLP
MMLP
Q1 26
Q4 25
$0.42
Q3 25
$0.51
Q2 25
$0.38
Q1 25
$0.34
Q4 24
$0.39
Q3 24
$0.40
Q2 24
$0.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EBF
EBF
MMLP
MMLP
Cash + ST InvestmentsLiquidity on hand
$31.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$304.8M
Total Assets
$354.3M
$537.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EBF
EBF
MMLP
MMLP
Q1 26
Q4 25
$31.3M
Q3 25
$31.9M
Q2 25
$32.6M
Q1 25
$72.5M
Q4 24
$68.6M
Q3 24
$122.6M
Q2 24
$123.7M
Total Debt
EBF
EBF
MMLP
MMLP
Q1 26
Q4 25
$428.0M
Q3 25
$441.3M
Q2 25
$427.8M
Q1 25
$451.4M
Q4 24
$437.6M
Q3 24
$469.3M
Q2 24
$439.4M
Stockholders' Equity
EBF
EBF
MMLP
MMLP
Q1 26
Q4 25
$304.8M
Q3 25
$305.4M
Q2 25
$301.2M
Q1 25
$302.0M
Q4 24
$297.7M
Q3 24
$358.4M
Q2 24
$354.4M
Total Assets
EBF
EBF
MMLP
MMLP
Q1 26
$537.1M
Q4 25
$354.3M
$522.4M
Q3 25
$361.8M
$510.1M
Q2 25
$361.7M
$515.6M
Q1 25
$348.9M
$533.4M
Q4 24
$346.1M
$538.5M
Q3 24
$406.8M
$554.8M
Q2 24
$406.2M
$535.1M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EBF
EBF
MMLP
MMLP
Operating Cash FlowLast quarter
$16.4M
Free Cash FlowOCF − Capex
$15.7M
$-6.0M
FCF MarginFCF / Revenue
15.7%
-3.2%
Capex IntensityCapex / Revenue
0.7%
1.6%
Cash ConversionOCF / Net Profit
1.52×
TTM Free Cash FlowTrailing 4 quarters
$42.5M
$27.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EBF
EBF
MMLP
MMLP
Q1 26
Q4 25
$16.4M
$22.4M
Q3 25
$10.5M
$-1.2M
Q2 25
$8.0M
$30.9M
Q1 25
$12.8M
$-6.0M
Q4 24
$18.2M
$42.2M
Q3 24
$11.8M
$-15.8M
Q2 24
$23.1M
$11.8M
Free Cash Flow
EBF
EBF
MMLP
MMLP
Q1 26
$-6.0M
Q4 25
$15.7M
$15.6M
Q3 25
$9.0M
$-7.9M
Q2 25
$6.6M
$25.6M
Q1 25
$11.1M
$-11.9M
Q4 24
$17.5M
$34.2M
Q3 24
$10.7M
$-25.6M
Q2 24
$20.6M
$-696.0K
FCF Margin
EBF
EBF
MMLP
MMLP
Q1 26
-3.2%
Q4 25
15.7%
8.9%
Q3 25
9.2%
-4.7%
Q2 25
6.8%
14.2%
Q1 25
12.0%
-6.2%
Q4 24
17.6%
20.0%
Q3 24
10.8%
-15.0%
Q2 24
20.0%
-0.4%
Capex Intensity
EBF
EBF
MMLP
MMLP
Q1 26
1.6%
Q4 25
0.7%
3.9%
Q3 25
1.4%
4.0%
Q2 25
1.4%
3.0%
Q1 25
1.8%
3.1%
Q4 24
0.6%
4.6%
Q3 24
1.1%
5.8%
Q2 24
2.4%
6.8%
Cash Conversion
EBF
EBF
MMLP
MMLP
Q1 26
Q4 25
1.52×
Q3 25
0.80×
Q2 25
0.81×
Q1 25
1.41×
Q4 24
1.78×
Q3 24
1.15×
Q2 24
2.16×
3.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EBF
EBF

Segment breakdown not available.

MMLP
MMLP

Specialty products$61.6M33%
Transportation *$52.8M28%
Other$46.5M25%
Terminalling and storage *$22.4M12%
Sulfur services$4.4M2%

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