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

TOOTSIE ROLL INDUSTRIES INC is the larger business by last-quarter revenue ($196.3M vs $187.7M, roughly 1.0× MARTIN MIDSTREAM PARTNERS L.P.). TOOTSIE ROLL INDUSTRIES INC runs the higher net margin — 14.7% vs 1.7%, a 13.0% gap on every dollar of revenue. On growth, TOOTSIE ROLL INDUSTRIES INC posted the faster year-over-year revenue change (1.5% vs -2.5%). TOOTSIE ROLL INDUSTRIES INC produced more free cash flow last quarter ($61.0M vs $-6.0M). Over the past eight quarters, TOOTSIE ROLL INDUSTRIES INC's revenue compounded faster (13.2% 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.

Tootsie Roll Industries is an American manufacturer of confectionery based in Chicago, Illinois. Its best-known products include the namesake Tootsie Rolls and Tootsie Pops. Tootsie Roll Industries currently markets its brands internationally in Canada, Mexico, and over 75 other countries.

MMLP vs TR — Head-to-Head

Bigger by revenue
TR
TR
1.0× larger
TR
$196.3M
$187.7M
MMLP
Growing faster (revenue YoY)
TR
TR
+4.0% gap
TR
1.5%
-2.5%
MMLP
Higher net margin
TR
TR
13.0% more per $
TR
14.7%
1.7%
MMLP
More free cash flow
TR
TR
$67.0M more FCF
TR
$61.0M
$-6.0M
MMLP
Faster 2-yr revenue CAGR
TR
TR
Annualised
TR
13.2%
0.8%
MMLP

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MMLP
MMLP
TR
TR
Revenue
$187.7M
$196.3M
Net Profit
$3.2M
$28.8M
Gross Margin
35.7%
Operating Margin
4.1%
17.0%
Net Margin
1.7%
14.7%
Revenue YoY
-2.5%
1.5%
Net Profit YoY
-37.1%
27.9%
EPS (diluted)

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
TR
TR
Q1 26
$187.7M
Q4 25
$174.2M
$196.3M
Q3 25
$168.7M
$232.7M
Q2 25
$180.7M
$155.1M
Q1 25
$192.5M
$148.5M
Q4 24
$171.3M
$193.4M
Q3 24
$170.9M
$225.9M
Q2 24
$184.5M
$150.7M
Net Profit
MMLP
MMLP
TR
TR
Q1 26
$3.2M
Q4 25
$-2.9M
$28.8M
Q3 25
$-8.4M
$35.7M
Q2 25
$-2.4M
$17.5M
Q1 25
$-1.0M
$18.1M
Q4 24
$-8.9M
$22.5M
Q3 24
$-3.3M
$32.8M
Q2 24
$3.8M
$15.6M
Gross Margin
MMLP
MMLP
TR
TR
Q1 26
Q4 25
57.1%
35.7%
Q3 25
55.1%
34.1%
Q2 25
56.5%
36.4%
Q1 25
53.5%
35.3%
Q4 24
58.2%
39.1%
Q3 24
58.5%
34.1%
Q2 24
58.4%
33.5%
Operating Margin
MMLP
MMLP
TR
TR
Q1 26
4.1%
Q4 25
7.3%
17.0%
Q3 25
4.1%
13.9%
Q2 25
8.2%
7.8%
Q1 25
7.5%
15.5%
Q4 24
4.0%
20.0%
Q3 24
7.4%
15.6%
Q2 24
10.8%
10.2%
Net Margin
MMLP
MMLP
TR
TR
Q1 26
1.7%
Q4 25
-1.7%
14.7%
Q3 25
-5.0%
15.3%
Q2 25
-1.3%
11.3%
Q1 25
-0.5%
12.2%
Q4 24
-5.2%
11.6%
Q3 24
-1.9%
14.5%
Q2 24
2.0%
10.4%

Balance Sheet & Financial Strength

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

Metric
MMLP
MMLP
TR
TR
Cash + ST InvestmentsLiquidity on hand
$176.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$941.0M
Total Assets
$537.1M
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MMLP
MMLP
TR
TR
Q1 26
Q4 25
$176.6M
Q3 25
$119.8M
Q2 25
$170.5M
Q1 25
$176.6M
Q4 24
$194.6M
Q3 24
$163.2M
Q2 24
$131.2M
Total Debt
MMLP
MMLP
TR
TR
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
MMLP
MMLP
TR
TR
Q1 26
Q4 25
$941.0M
Q3 25
$918.9M
Q2 25
$893.1M
Q1 25
$879.4M
Q4 24
$870.7M
Q3 24
$870.2M
Q2 24
$841.4M
Total Assets
MMLP
MMLP
TR
TR
Q1 26
$537.1M
Q4 25
$522.4M
$1.3B
Q3 25
$510.1M
$1.2B
Q2 25
$515.6M
$1.2B
Q1 25
$533.4M
$1.1B
Q4 24
$538.5M
$1.1B
Q3 24
$554.8M
$1.1B
Q2 24
$535.1M
$1.1B

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
TR
TR
Operating Cash FlowLast quarter
$73.3M
Free Cash FlowOCF − Capex
$-6.0M
$61.0M
FCF MarginFCF / Revenue
-3.2%
31.1%
Capex IntensityCapex / Revenue
1.6%
6.3%
Cash ConversionOCF / Net Profit
2.55×
TTM Free Cash FlowTrailing 4 quarters
$27.2M
$96.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MMLP
MMLP
TR
TR
Q1 26
Q4 25
$22.4M
$73.3M
Q3 25
$-1.2M
$62.2M
Q2 25
$30.9M
$-8.5M
Q1 25
$-6.0M
$3.6M
Q4 24
$42.2M
$68.8M
Q3 24
$-15.8M
$61.3M
Q2 24
$11.8M
$-12.6M
Free Cash Flow
MMLP
MMLP
TR
TR
Q1 26
$-6.0M
Q4 25
$15.6M
$61.0M
Q3 25
$-7.9M
$50.7M
Q2 25
$25.6M
$-16.0M
Q1 25
$-11.9M
$750.0K
Q4 24
$34.2M
$64.7M
Q3 24
$-25.6M
$55.8M
Q2 24
$-696.0K
$-16.6M
FCF Margin
MMLP
MMLP
TR
TR
Q1 26
-3.2%
Q4 25
8.9%
31.1%
Q3 25
-4.7%
21.8%
Q2 25
14.2%
-10.3%
Q1 25
-6.2%
0.5%
Q4 24
20.0%
33.5%
Q3 24
-15.0%
24.7%
Q2 24
-0.4%
-11.0%
Capex Intensity
MMLP
MMLP
TR
TR
Q1 26
1.6%
Q4 25
3.9%
6.3%
Q3 25
4.0%
5.0%
Q2 25
3.0%
4.8%
Q1 25
3.1%
1.9%
Q4 24
4.6%
2.1%
Q3 24
5.8%
2.4%
Q2 24
6.8%
2.6%
Cash Conversion
MMLP
MMLP
TR
TR
Q1 26
Q4 25
2.55×
Q3 25
1.74×
Q2 25
-0.49×
Q1 25
0.20×
Q4 24
3.06×
Q3 24
1.87×
Q2 24
3.13×
-0.81×

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%

TR
TR

Products$194.3M99%
Rental And Royalty$1.9M1%

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