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Side-by-side financial comparison of Navios Maritime Partners L.P. (NMM) and USA Compression Partners, LP (USAC). Click either name above to swap in a different company.

Navios Maritime Partners L.P. is the larger business by last-quarter revenue ($327.6M vs $252.5M, roughly 1.3× USA Compression Partners, LP). Navios Maritime Partners L.P. runs the higher net margin — 21.4% vs 11.0%, a 10.4% gap on every dollar of revenue. On growth, USA Compression Partners, LP posted the faster year-over-year revenue change (2.7% vs -4.3%).

Navios Maritime Holdings Inc. is a multinational, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain.

USA Compression Partners, LP is a US-based provider of natural gas compression services and related infrastructure solutions. It serves clients across the upstream, midstream, and downstream segments of the oil and gas industry, offering custom compression systems, maintenance, and operational support to facilitate efficient natural gas production, processing, and transportation.

NMM vs USAC — Head-to-Head

Bigger by revenue
NMM
NMM
1.3× larger
NMM
$327.6M
$252.5M
USAC
Growing faster (revenue YoY)
USAC
USAC
+6.9% gap
USAC
2.7%
-4.3%
NMM
Higher net margin
NMM
NMM
10.4% more per $
NMM
21.4%
11.0%
USAC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
NMM
NMM
USAC
USAC
Revenue
$327.6M
$252.5M
Net Profit
$69.9M
$27.8M
Gross Margin
90.5%
Operating Margin
30.3%
Net Margin
21.4%
11.0%
Revenue YoY
-4.3%
2.7%
Net Profit YoY
-31.1%
9.1%
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
NMM
NMM
USAC
USAC
Q4 25
$252.5M
Q3 25
$250.3M
Q2 25
$327.6M
$250.1M
Q1 25
$245.2M
Q4 24
$245.9M
Q3 24
$240.0M
Q2 24
$342.2M
$235.3M
Q1 24
$229.3M
Net Profit
NMM
NMM
USAC
USAC
Q4 25
$27.8M
Q3 25
$34.5M
Q2 25
$69.9M
$28.6M
Q1 25
$20.5M
Q4 24
$25.4M
Q3 24
$19.3M
Q2 24
$101.5M
$31.2M
Q1 24
$23.6M
Gross Margin
NMM
NMM
USAC
USAC
Q4 25
Q3 25
Q2 25
90.5%
Q1 25
Q4 24
Q3 24
Q2 24
88.3%
Q1 24
Operating Margin
NMM
NMM
USAC
USAC
Q4 25
30.3%
Q3 25
33.5%
Q2 25
30.6%
Q1 25
28.3%
Q4 24
30.3%
Q3 24
31.5%
Q2 24
32.9%
Q1 24
29.2%
Net Margin
NMM
NMM
USAC
USAC
Q4 25
11.0%
Q3 25
13.8%
Q2 25
21.4%
11.4%
Q1 25
8.4%
Q4 24
10.3%
Q3 24
8.1%
Q2 24
29.7%
13.3%
Q1 24
10.3%

Balance Sheet & Financial Strength

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

Metric
NMM
NMM
USAC
USAC
Cash + ST InvestmentsLiquidity on hand
$377.0M
$8.6M
Total DebtLower is stronger
$2.0B
$2.5B
Stockholders' EquityBook value
Total Assets
$5.9B
$2.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NMM
NMM
USAC
USAC
Q4 25
$8.6M
Q3 25
Q2 25
$377.0M
$2.0K
Q1 25
$2.0K
Q4 24
$14.0K
Q3 24
$79.0K
Q2 24
$272.0M
$9.0K
Q1 24
$8.0K
Total Debt
NMM
NMM
USAC
USAC
Q4 25
$2.5B
Q3 25
$2.5B
Q2 25
$2.0B
$2.5B
Q1 25
$2.5B
Q4 24
$2.5B
Q3 24
$2.5B
Q2 24
$1.4B
$2.5B
Q1 24
$2.5B
Total Assets
NMM
NMM
USAC
USAC
Q4 25
$2.6B
Q3 25
$2.7B
Q2 25
$5.9B
$2.7B
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
$2.8B
Q2 24
$5.3B
$2.8B
Q1 24
$2.8B

Cash Flow & Capital Efficiency

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

Metric
NMM
NMM
USAC
USAC
Operating Cash FlowLast quarter
$139.5M
Free Cash FlowOCF − Capex
$87.7M
FCF MarginFCF / Revenue
34.8%
Capex IntensityCapex / Revenue
20.5%
Cash ConversionOCF / Net Profit
5.02×
TTM Free Cash FlowTrailing 4 quarters
$277.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NMM
NMM
USAC
USAC
Q4 25
$139.5M
Q3 25
$75.9M
Q2 25
$124.2M
Q1 25
$54.7M
Q4 24
$130.2M
Q3 24
$48.5M
Q2 24
$96.7M
Q1 24
$65.9M
Free Cash Flow
NMM
NMM
USAC
USAC
Q4 25
$87.7M
Q3 25
$51.9M
Q2 25
$101.1M
Q1 25
$36.3M
Q4 24
$101.2M
Q3 24
$19.8M
Q2 24
$48.2M
Q1 24
$-32.7M
FCF Margin
NMM
NMM
USAC
USAC
Q4 25
34.8%
Q3 25
20.7%
Q2 25
40.4%
Q1 25
14.8%
Q4 24
41.1%
Q3 24
8.2%
Q2 24
20.5%
Q1 24
-14.3%
Capex Intensity
NMM
NMM
USAC
USAC
Q4 25
20.5%
Q3 25
9.6%
Q2 25
9.3%
Q1 25
7.5%
Q4 24
11.8%
Q3 24
12.0%
Q2 24
20.6%
Q1 24
43.0%
Cash Conversion
NMM
NMM
USAC
USAC
Q4 25
5.02×
Q3 25
2.20×
Q2 25
4.35×
Q1 25
2.66×
Q4 24
5.12×
Q3 24
2.51×
Q2 24
3.10×
Q1 24
2.80×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NMM
NMM

Segment breakdown not available.

USAC
USAC

Revenue From Contract Operations Excluding Revenue From Related Party$231.7M92%
Entities Affiliated With Energy Transfer LP$16.6M7%
Transferred At Point In Time$5.4M2%

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