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Side-by-side financial comparison of MARTIN MIDSTREAM PARTNERS L.P. (MMLP) and PEOPLES BANCORP INC (PEBO). 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 $118.7M, roughly 1.6× PEOPLES BANCORP INC). PEOPLES BANCORP INC runs the higher net margin — 24.4% vs 1.7%, a 22.7% gap on every dollar of revenue. Over the past eight quarters, PEOPLES BANCORP INC's revenue compounded faster (3.7% CAGR vs 0.8%).

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.

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

MMLP vs PEBO — Head-to-Head

Bigger by revenue
MMLP
MMLP
1.6× larger
MMLP
$187.7M
$118.7M
PEBO
Higher net margin
PEBO
PEBO
22.7% more per $
PEBO
24.4%
1.7%
MMLP
Faster 2-yr revenue CAGR
PEBO
PEBO
Annualised
PEBO
3.7%
0.8%
MMLP

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
MMLP
MMLP
PEBO
PEBO
Revenue
$187.7M
$118.7M
Net Profit
$3.2M
$29.0M
Gross Margin
Operating Margin
4.1%
Net Margin
1.7%
24.4%
Revenue YoY
-2.5%
Net Profit YoY
-37.1%
-8.7%
EPS (diluted)
$0.81

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
MMLP
MMLP
PEBO
PEBO
Q1 26
$187.7M
$118.7M
Q4 25
$174.2M
$117.3M
Q3 25
$168.7M
$115.2M
Q2 25
$180.7M
$114.5M
Q1 25
$192.5M
$112.4M
Q4 24
$171.3M
$111.6M
Q3 24
$170.9M
$113.7M
Q2 24
$184.5M
$110.3M
Net Profit
MMLP
MMLP
PEBO
PEBO
Q1 26
$3.2M
$29.0M
Q4 25
$-2.9M
$31.8M
Q3 25
$-8.4M
$29.5M
Q2 25
$-2.4M
$21.2M
Q1 25
$-1.0M
$24.3M
Q4 24
$-8.9M
$26.9M
Q3 24
$-3.3M
$31.7M
Q2 24
$3.8M
$29.0M
Gross Margin
MMLP
MMLP
PEBO
PEBO
Q1 26
Q4 25
57.1%
Q3 25
55.1%
Q2 25
56.5%
Q1 25
53.5%
Q4 24
58.2%
Q3 24
58.5%
Q2 24
58.4%
Operating Margin
MMLP
MMLP
PEBO
PEBO
Q1 26
4.1%
Q4 25
7.3%
32.4%
Q3 25
4.1%
33.0%
Q2 25
8.2%
24.0%
Q1 25
7.5%
27.9%
Q4 24
4.0%
31.2%
Q3 24
7.4%
36.0%
Q2 24
10.8%
32.5%
Net Margin
MMLP
MMLP
PEBO
PEBO
Q1 26
1.7%
24.4%
Q4 25
-1.7%
27.1%
Q3 25
-5.0%
25.6%
Q2 25
-1.3%
18.5%
Q1 25
-0.5%
21.7%
Q4 24
-5.2%
24.1%
Q3 24
-1.9%
27.9%
Q2 24
2.0%
26.3%
EPS (diluted)
MMLP
MMLP
PEBO
PEBO
Q1 26
$0.81
Q4 25
$0.89
Q3 25
$0.83
Q2 25
$0.59
Q1 25
$0.68
Q4 24
$0.76
Q3 24
$0.89
Q2 24
$0.82

Balance Sheet & Financial Strength

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

Metric
MMLP
MMLP
PEBO
PEBO
Cash + ST InvestmentsLiquidity on hand
$82.9M
Total DebtLower is stronger
$691.3M
Stockholders' EquityBook value
$1.2B
Total Assets
$537.1M
$9.6B
Debt / EquityLower = less leverage
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MMLP
MMLP
PEBO
PEBO
Q1 26
$82.9M
Q4 25
$189.0M
Q3 25
$190.2M
Q2 25
$186.1M
Q1 25
$187.0M
Q4 24
$217.7M
Q3 24
$283.7M
Q2 24
$235.9M
Total Debt
MMLP
MMLP
PEBO
PEBO
Q1 26
$691.3M
Q4 25
$428.0M
$204.1M
Q3 25
$441.3M
$227.3M
Q2 25
$427.8M
$232.4M
Q1 25
$451.4M
$237.0M
Q4 24
$437.6M
$238.1M
Q3 24
$469.3M
$236.8M
Q2 24
$439.4M
$234.3M
Stockholders' Equity
MMLP
MMLP
PEBO
PEBO
Q1 26
$1.2B
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Total Assets
MMLP
MMLP
PEBO
PEBO
Q1 26
$537.1M
$9.6B
Q4 25
$522.4M
$9.6B
Q3 25
$510.1M
$9.6B
Q2 25
$515.6M
$9.5B
Q1 25
$533.4M
$9.2B
Q4 24
$538.5M
$9.3B
Q3 24
$554.8M
$9.1B
Q2 24
$535.1M
$9.2B
Debt / Equity
MMLP
MMLP
PEBO
PEBO
Q1 26
0.57×
Q4 25
0.17×
Q3 25
0.19×
Q2 25
0.20×
Q1 25
0.21×
Q4 24
0.21×
Q3 24
0.21×
Q2 24
0.22×

Cash Flow & Capital Efficiency

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

Metric
MMLP
MMLP
PEBO
PEBO
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-6.0M
FCF MarginFCF / Revenue
-3.2%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$27.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MMLP
MMLP
PEBO
PEBO
Q1 26
Q4 25
$22.4M
$134.7M
Q3 25
$-1.2M
$14.4M
Q2 25
$30.9M
$50.7M
Q1 25
$-6.0M
$34.3M
Q4 24
$42.2M
$143.2M
Q3 24
$-15.8M
$34.1M
Q2 24
$11.8M
$32.1M
Free Cash Flow
MMLP
MMLP
PEBO
PEBO
Q1 26
$-6.0M
Q4 25
$15.6M
$128.7M
Q3 25
$-7.9M
$12.7M
Q2 25
$25.6M
$49.2M
Q1 25
$-11.9M
$31.5M
Q4 24
$34.2M
$136.4M
Q3 24
$-25.6M
$33.2M
Q2 24
$-696.0K
$30.2M
FCF Margin
MMLP
MMLP
PEBO
PEBO
Q1 26
-3.2%
Q4 25
8.9%
109.7%
Q3 25
-4.7%
11.0%
Q2 25
14.2%
43.0%
Q1 25
-6.2%
28.1%
Q4 24
20.0%
122.2%
Q3 24
-15.0%
29.2%
Q2 24
-0.4%
27.4%
Capex Intensity
MMLP
MMLP
PEBO
PEBO
Q1 26
1.6%
Q4 25
3.9%
5.1%
Q3 25
4.0%
1.5%
Q2 25
3.0%
1.3%
Q1 25
3.1%
2.4%
Q4 24
4.6%
6.1%
Q3 24
5.8%
0.8%
Q2 24
6.8%
1.7%
Cash Conversion
MMLP
MMLP
PEBO
PEBO
Q1 26
Q4 25
4.24×
Q3 25
0.49×
Q2 25
2.39×
Q1 25
1.41×
Q4 24
5.32×
Q3 24
1.08×
Q2 24
3.13×
1.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MMLP
MMLP

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

PEBO
PEBO

Net Interest Income$90.4M76%
Noninterest Income$28.3M24%

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