vs

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

Vroom, Inc. is the larger business by last-quarter revenue ($235.9M vs $187.7M, roughly 1.3× MARTIN MIDSTREAM PARTNERS L.P.). MARTIN MIDSTREAM PARTNERS L.P. runs the higher net margin — 1.7% vs -59.8%, a 61.5% gap on every dollar of revenue. On growth, Vroom, Inc. posted the faster year-over-year revenue change (12.9% vs -2.5%). MARTIN MIDSTREAM PARTNERS L.P. produced more free cash flow last quarter ($-6.0M vs $-108.8M). Over the past eight quarters, MARTIN MIDSTREAM PARTNERS L.P.'s revenue compounded faster (0.8% CAGR vs -49.5%).

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.

Vroom, Inc. is a parent company of United Auto Credit Corporation (UACC) and CarStory. Previously, Vroom was a used car retailer and e-commerce company that let consumers buy, sell, and finance cars online. Vroom ceased e-commerce automotive sales operations on January 22, 2024.

MMLP vs VRM — Head-to-Head

Bigger by revenue
VRM
VRM
1.3× larger
VRM
$235.9M
$187.7M
MMLP
Growing faster (revenue YoY)
VRM
VRM
+15.5% gap
VRM
12.9%
-2.5%
MMLP
Higher net margin
MMLP
MMLP
61.5% more per $
MMLP
1.7%
-59.8%
VRM
More free cash flow
MMLP
MMLP
$102.7M more FCF
MMLP
$-6.0M
$-108.8M
VRM
Faster 2-yr revenue CAGR
MMLP
MMLP
Annualised
MMLP
0.8%
-49.5%
VRM

Income Statement — Q1 FY2026 vs Q4 FY2023

Metric
MMLP
MMLP
VRM
VRM
Revenue
$187.7M
$235.9M
Net Profit
$3.2M
$-141.1M
Gross Margin
12.3%
Operating Margin
4.1%
-11.5%
Net Margin
1.7%
-59.8%
Revenue YoY
-2.5%
12.9%
Net Profit YoY
-37.1%
-669.8%
EPS (diluted)
$-80.66

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
VRM
VRM
Q1 26
$187.7M
Q4 25
$174.2M
Q3 25
$168.7M
Q2 25
$180.7M
Q1 25
$192.5M
Q4 24
$171.3M
Q3 24
$170.9M
Q2 24
$184.5M
Net Profit
MMLP
MMLP
VRM
VRM
Q1 26
$3.2M
Q4 25
$-2.9M
Q3 25
$-8.4M
Q2 25
$-2.4M
Q1 25
$-1.0M
Q4 24
$-8.9M
Q3 24
$-3.3M
Q2 24
$3.8M
Gross Margin
MMLP
MMLP
VRM
VRM
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
VRM
VRM
Q1 26
4.1%
Q4 25
7.3%
Q3 25
4.1%
Q2 25
8.2%
Q1 25
7.5%
Q4 24
4.0%
Q3 24
7.4%
Q2 24
10.8%
Net Margin
MMLP
MMLP
VRM
VRM
Q1 26
1.7%
Q4 25
-1.7%
Q3 25
-5.0%
Q2 25
-1.3%
Q1 25
-0.5%
Q4 24
-5.2%
Q3 24
-1.9%
Q2 24
2.0%

Balance Sheet & Financial Strength

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

Metric
MMLP
MMLP
VRM
VRM
Cash + ST InvestmentsLiquidity on hand
$135.6M
Total DebtLower is stronger
$454.2M
Stockholders' EquityBook value
$127.7M
Total Assets
$537.1M
$1.5B
Debt / EquityLower = less leverage
3.56×

8-quarter trend — quarters aligned by calendar period.

Total Debt
MMLP
MMLP
VRM
VRM
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
Total Assets
MMLP
MMLP
VRM
VRM
Q1 26
$537.1M
Q4 25
$522.4M
Q3 25
$510.1M
Q2 25
$515.6M
Q1 25
$533.4M
Q4 24
$538.5M
Q3 24
$554.8M
Q2 24
$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
MMLP
MMLP
VRM
VRM
Operating Cash FlowLast quarter
$-108.1M
Free Cash FlowOCF − Capex
$-6.0M
$-108.8M
FCF MarginFCF / Revenue
-3.2%
-46.1%
Capex IntensityCapex / Revenue
1.6%
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$27.2M
$-536.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MMLP
MMLP
VRM
VRM
Q1 26
Q4 25
$22.4M
Q3 25
$-1.2M
Q2 25
$30.9M
Q1 25
$-6.0M
Q4 24
$42.2M
Q3 24
$-15.8M
Q2 24
$11.8M
Free Cash Flow
MMLP
MMLP
VRM
VRM
Q1 26
$-6.0M
Q4 25
$15.6M
Q3 25
$-7.9M
Q2 25
$25.6M
Q1 25
$-11.9M
Q4 24
$34.2M
Q3 24
$-25.6M
Q2 24
$-696.0K
FCF Margin
MMLP
MMLP
VRM
VRM
Q1 26
-3.2%
Q4 25
8.9%
Q3 25
-4.7%
Q2 25
14.2%
Q1 25
-6.2%
Q4 24
20.0%
Q3 24
-15.0%
Q2 24
-0.4%
Capex Intensity
MMLP
MMLP
VRM
VRM
Q1 26
1.6%
Q4 25
3.9%
Q3 25
4.0%
Q2 25
3.0%
Q1 25
3.1%
Q4 24
4.6%
Q3 24
5.8%
Q2 24
6.8%
Cash Conversion
MMLP
MMLP
VRM
VRM
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
3.13×

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%

VRM
VRM

Segment breakdown not available.

Related Comparisons