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

LendingTree, Inc. is the larger business by last-quarter revenue ($327.3M vs $187.7M, roughly 1.7× MARTIN MIDSTREAM PARTNERS L.P.). LendingTree, Inc. runs the higher net margin — 5.3% vs 1.7%, a 3.6% gap on every dollar of revenue. On growth, LendingTree, Inc. posted the faster year-over-year revenue change (2.4% vs -2.5%). Over the past eight quarters, LendingTree, Inc.'s revenue compounded faster (24.8% 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.

LendingTree, Inc. is an online lending marketplace, founded in 1996 and headquartered in Charlotte, North Carolina. The business platform allows potential borrowers to connect with multiple loan operators to find optimal terms for loans, credit cards, deposit accounts, insurance, etc. LendingTree allows borrowers to shop and compare competitive rates and terms across an array of financial products. Other additional services include financing tools, comparative loan searches and borrowing info...

MMLP vs TREE — Head-to-Head

Bigger by revenue
TREE
TREE
1.7× larger
TREE
$327.3M
$187.7M
MMLP
Growing faster (revenue YoY)
TREE
TREE
+4.9% gap
TREE
2.4%
-2.5%
MMLP
Higher net margin
TREE
TREE
3.6% more per $
TREE
5.3%
1.7%
MMLP
Faster 2-yr revenue CAGR
TREE
TREE
Annualised
TREE
24.8%
0.8%
MMLP

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
MMLP
MMLP
TREE
TREE
Revenue
$187.7M
$327.3M
Net Profit
$3.2M
$17.3M
Gross Margin
100.0%
Operating Margin
4.1%
9.5%
Net Margin
1.7%
5.3%
Revenue YoY
-2.5%
2.4%
Net Profit YoY
-37.1%
239.5%
EPS (diluted)
$1.22

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
TREE
TREE
Q1 26
$187.7M
$327.3M
Q4 25
$174.2M
$319.7M
Q3 25
$168.7M
$307.8M
Q2 25
$180.7M
$250.1M
Q1 25
$192.5M
$239.7M
Q4 24
$171.3M
$261.5M
Q3 24
$170.9M
$260.8M
Q2 24
$184.5M
$210.1M
Net Profit
MMLP
MMLP
TREE
TREE
Q1 26
$3.2M
$17.3M
Q4 25
$-2.9M
$144.7M
Q3 25
$-8.4M
$10.2M
Q2 25
$-2.4M
$8.9M
Q1 25
$-1.0M
$-12.4M
Q4 24
$-8.9M
$7.5M
Q3 24
$-3.3M
$-58.0M
Q2 24
$3.8M
$7.8M
Gross Margin
MMLP
MMLP
TREE
TREE
Q1 26
100.0%
Q4 25
57.1%
29.2%
Q3 25
55.1%
30.7%
Q2 25
56.5%
34.0%
Q1 25
53.5%
32.9%
Q4 24
58.2%
33.6%
Q3 24
58.5%
30.2%
Q2 24
58.4%
34.5%
Operating Margin
MMLP
MMLP
TREE
TREE
Q1 26
4.1%
9.5%
Q4 25
7.3%
7.0%
Q3 25
4.1%
9.3%
Q2 25
8.2%
8.4%
Q1 25
7.5%
-3.0%
Q4 24
4.0%
6.9%
Q3 24
7.4%
3.8%
Q2 24
10.8%
4.6%
Net Margin
MMLP
MMLP
TREE
TREE
Q1 26
1.7%
5.3%
Q4 25
-1.7%
45.2%
Q3 25
-5.0%
3.3%
Q2 25
-1.3%
3.5%
Q1 25
-0.5%
-5.2%
Q4 24
-5.2%
2.9%
Q3 24
-1.9%
-22.2%
Q2 24
2.0%
3.7%
EPS (diluted)
MMLP
MMLP
TREE
TREE
Q1 26
$1.22
Q4 25
$10.32
Q3 25
$0.73
Q2 25
$0.65
Q1 25
$-0.92
Q4 24
$0.54
Q3 24
$-4.34
Q2 24
$0.58

Balance Sheet & Financial Strength

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

Metric
MMLP
MMLP
TREE
TREE
Cash + ST InvestmentsLiquidity on hand
$85.5M
Total DebtLower is stronger
$390.9M
Stockholders' EquityBook value
$304.7M
Total Assets
$537.1M
$863.9M
Debt / EquityLower = less leverage
1.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MMLP
MMLP
TREE
TREE
Q1 26
$85.5M
Q4 25
$81.1M
Q3 25
$68.6M
Q2 25
$149.1M
Q1 25
$126.4M
Q4 24
$106.6M
Q3 24
$96.8M
Q2 24
$66.8M
Total Debt
MMLP
MMLP
TREE
TREE
Q1 26
$390.9M
Q4 25
$428.0M
$387.7M
Q3 25
$441.3M
$388.4M
Q2 25
$427.8M
$385.1M
Q1 25
$451.4M
$387.7M
Q4 24
$437.6M
$344.1M
Q3 24
$469.3M
$346.2M
Q2 24
$439.4M
$467.7M
Stockholders' Equity
MMLP
MMLP
TREE
TREE
Q1 26
$304.7M
Q4 25
$286.8M
Q3 25
$132.4M
Q2 25
$118.1M
Q1 25
$103.7M
Q4 24
$108.8M
Q3 24
$94.3M
Q2 24
$145.8M
Total Assets
MMLP
MMLP
TREE
TREE
Q1 26
$537.1M
$863.9M
Q4 25
$522.4M
$855.7M
Q3 25
$510.1M
$759.9M
Q2 25
$515.6M
$835.8M
Q1 25
$533.4M
$777.1M
Q4 24
$538.5M
$767.7M
Q3 24
$554.8M
$787.2M
Q2 24
$535.1M
$802.2M
Debt / Equity
MMLP
MMLP
TREE
TREE
Q1 26
1.28×
Q4 25
1.35×
Q3 25
2.93×
Q2 25
3.26×
Q1 25
3.74×
Q4 24
3.16×
Q3 24
3.67×
Q2 24
3.21×

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
TREE
TREE
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-6.0M
FCF MarginFCF / Revenue
-3.2%
Capex IntensityCapex / Revenue
1.6%
0.8%
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
TREE
TREE
Q1 26
Q4 25
$22.4M
$73.1M
Q3 25
$-1.2M
$28.8M
Q2 25
$30.9M
$28.0M
Q1 25
$-6.0M
$-210.0K
Q4 24
$42.2M
$62.3M
Q3 24
$-15.8M
$45.3M
Q2 24
$11.8M
$-4.9M
Free Cash Flow
MMLP
MMLP
TREE
TREE
Q1 26
$-6.0M
Q4 25
$15.6M
$60.7M
Q3 25
$-7.9M
$25.6M
Q2 25
$25.6M
$25.2M
Q1 25
$-11.9M
$-3.6M
Q4 24
$34.2M
$51.0M
Q3 24
$-25.6M
$42.3M
Q2 24
$-696.0K
$-7.7M
FCF Margin
MMLP
MMLP
TREE
TREE
Q1 26
-3.2%
Q4 25
8.9%
19.0%
Q3 25
-4.7%
8.3%
Q2 25
14.2%
10.1%
Q1 25
-6.2%
-1.5%
Q4 24
20.0%
19.5%
Q3 24
-15.0%
16.2%
Q2 24
-0.4%
-3.7%
Capex Intensity
MMLP
MMLP
TREE
TREE
Q1 26
1.6%
0.8%
Q4 25
3.9%
3.9%
Q3 25
4.0%
1.1%
Q2 25
3.0%
1.1%
Q1 25
3.1%
1.4%
Q4 24
4.6%
4.3%
Q3 24
5.8%
1.1%
Q2 24
6.8%
1.3%
Cash Conversion
MMLP
MMLP
TREE
TREE
Q1 26
Q4 25
0.51×
Q3 25
2.84×
Q2 25
3.15×
Q1 25
Q4 24
8.29×
Q3 24
Q2 24
3.13×
-0.64×

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%

TREE
TREE

Insurance segment$221.9M68%
Consumer segment$66.3M20%
Home segment$39.1M12%

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