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Side-by-side financial comparison of Navios Maritime Partners L.P. (NMM) and XPLR Infrastructure, LP (XIFR). 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 $249.0M, roughly 1.3× XPLR Infrastructure, LP). Navios Maritime Partners L.P. runs the higher net margin — 21.4% vs 11.2%, a 10.1% gap on every dollar of revenue. On growth, Navios Maritime Partners L.P. posted the faster year-over-year revenue change (-4.3% vs -15.3%).

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.

XPLR Infrastructure is a publicly traded subsidiary of NextEra Energy, is a Juno Beach, Florida-based renewable energy company.

NMM vs XIFR — Head-to-Head

Bigger by revenue
NMM
NMM
1.3× larger
NMM
$327.6M
$249.0M
XIFR
Growing faster (revenue YoY)
NMM
NMM
+11.0% gap
NMM
-4.3%
-15.3%
XIFR
Higher net margin
NMM
NMM
10.1% more per $
NMM
21.4%
11.2%
XIFR

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
NMM
NMM
XIFR
XIFR
Revenue
$327.6M
$249.0M
Net Profit
$69.9M
$28.0M
Gross Margin
90.5%
Operating Margin
-19.3%
Net Margin
21.4%
11.2%
Revenue YoY
-4.3%
-15.3%
Net Profit YoY
-31.1%
124.3%
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
XIFR
XIFR
Q4 25
$249.0M
Q3 25
$315.0M
Q2 25
$327.6M
$342.0M
Q1 25
$282.0M
Q4 24
$294.0M
Q3 24
$319.0M
Q2 24
$342.2M
$360.0M
Q1 24
$257.0M
Net Profit
NMM
NMM
XIFR
XIFR
Q4 25
$28.0M
Q3 25
$-37.0M
Q2 25
$69.9M
$79.0M
Q1 25
$-98.0M
Q4 24
$-115.0M
Q3 24
$-40.0M
Q2 24
$101.5M
$62.0M
Q1 24
$70.0M
Gross Margin
NMM
NMM
XIFR
XIFR
Q4 25
Q3 25
Q2 25
90.5%
Q1 25
Q4 24
Q3 24
Q2 24
88.3%
Q1 24
Operating Margin
NMM
NMM
XIFR
XIFR
Q4 25
-19.3%
Q3 25
1.6%
Q2 25
26.3%
Q1 25
-82.6%
Q4 24
-188.1%
Q3 24
15.4%
Q2 24
18.3%
Q1 24
-8.2%
Net Margin
NMM
NMM
XIFR
XIFR
Q4 25
11.2%
Q3 25
-11.7%
Q2 25
21.4%
23.1%
Q1 25
-34.8%
Q4 24
-39.1%
Q3 24
-12.5%
Q2 24
29.7%
17.2%
Q1 24
27.2%
EPS (diluted)
NMM
NMM
XIFR
XIFR
Q4 25
Q3 25
$-0.40
Q2 25
$0.84
Q1 25
$-1.05
Q4 24
Q3 24
$-0.43
Q2 24
$0.66
Q1 24
$0.75

Balance Sheet & Financial Strength

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

Metric
NMM
NMM
XIFR
XIFR
Cash + ST InvestmentsLiquidity on hand
$377.0M
$960.0M
Total DebtLower is stronger
$2.0B
$6.2B
Stockholders' EquityBook value
$10.9B
Total Assets
$5.9B
$19.6B
Debt / EquityLower = less leverage
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NMM
NMM
XIFR
XIFR
Q4 25
$960.0M
Q3 25
$711.0M
Q2 25
$377.0M
$880.0M
Q1 25
$1.5B
Q4 24
$283.0M
Q3 24
$290.0M
Q2 24
$272.0M
$281.0M
Q1 24
$245.0M
Total Debt
NMM
NMM
XIFR
XIFR
Q4 25
$6.2B
Q3 25
Q2 25
$2.0B
Q1 25
Q4 24
$5.3B
Q3 24
Q2 24
$1.4B
Q1 24
Stockholders' Equity
NMM
NMM
XIFR
XIFR
Q4 25
$10.9B
Q3 25
$11.0B
Q2 25
$11.3B
Q1 25
$12.6B
Q4 24
$12.9B
Q3 24
$13.6B
Q2 24
$13.9B
Q1 24
$14.0B
Total Assets
NMM
NMM
XIFR
XIFR
Q4 25
$19.6B
Q3 25
$19.1B
Q2 25
$5.9B
$20.5B
Q1 25
$21.4B
Q4 24
$20.3B
Q3 24
$20.9B
Q2 24
$5.3B
$21.7B
Q1 24
$22.3B
Debt / Equity
NMM
NMM
XIFR
XIFR
Q4 25
0.57×
Q3 25
Q2 25
Q1 25
Q4 24
0.41×
Q3 24
Q2 24
Q1 24

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
XIFR
XIFR
Operating Cash FlowLast quarter
$186.0M
Free Cash FlowOCF − Capex
$-88.0M
FCF MarginFCF / Revenue
-35.3%
Capex IntensityCapex / Revenue
110.0%
Cash ConversionOCF / Net Profit
6.64×
TTM Free Cash FlowTrailing 4 quarters
$-219.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NMM
NMM
XIFR
XIFR
Q4 25
$186.0M
Q3 25
$231.0M
Q2 25
$232.0M
Q1 25
$90.0M
Q4 24
$283.0M
Q3 24
$208.0M
Q2 24
$231.0M
Q1 24
$78.0M
Free Cash Flow
NMM
NMM
XIFR
XIFR
Q4 25
$-88.0M
Q3 25
$-283.0M
Q2 25
$151.0M
Q1 25
$1.0M
Q4 24
$231.0M
Q3 24
$152.0M
Q2 24
$162.0M
Q1 24
$14.0M
FCF Margin
NMM
NMM
XIFR
XIFR
Q4 25
-35.3%
Q3 25
-89.8%
Q2 25
44.2%
Q1 25
0.4%
Q4 24
78.6%
Q3 24
47.6%
Q2 24
45.0%
Q1 24
5.4%
Capex Intensity
NMM
NMM
XIFR
XIFR
Q4 25
110.0%
Q3 25
163.2%
Q2 25
23.7%
Q1 25
31.6%
Q4 24
17.7%
Q3 24
17.6%
Q2 24
19.2%
Q1 24
24.9%
Cash Conversion
NMM
NMM
XIFR
XIFR
Q4 25
6.64×
Q3 25
Q2 25
2.94×
Q1 25
Q4 24
Q3 24
Q2 24
3.73×
Q1 24
1.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NMM
NMM

Segment breakdown not available.

XIFR
XIFR

Renewable Energy Sales$238.0M96%
Related Party$8.0M3%

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