MMP Magellan Midstream Partners LP

Price (delayed)

$47.59

Market cap

$10.54B

P/E Ratio

11.87

Dividend/share

$4.11

EPS

$4.01

Enterprise value

$15.45B

Magellan Midstream Partners, L.P. is a publicly traded partnership that primarily transports, stores and distributes refined petroleum products and crude oil. The partnership owns the longest refined petroleum products pipeline ...

Highlights
The quick ratio has soared by 167% YoY and by 89% from the previous quarter
MMP's P/E is 21% below its 5-year quarterly average of 14.5
The company's net income rose by 20% QoQ but it fell by 9% YoY
Magellan Midstream Partners's EPS has increased by 20% QoQ but it has decreased by 7% YoY
Magellan Midstream Partners's equity has decreased by 7% YoY
Magellan Midstream Partners's debt has increased by 4.4% YoY

Key stats

What are the main financial stats of MMP
Market
Shares outstanding
221.56M
Market cap
$10.54B
Enterprise value
$15.45B
Valuations
Price to earnings (P/E)
11.87
Price to book (P/B)
4.65
Price to sales (P/S)
4.24
EV/EBIT
13.76
EV/EBITDA
11.3
EV/Sales
6.18
Earnings
Revenue
$2.5B
EBIT
$1.12B
EBITDA
$1.37B
Free cash flow
$922.32M
Per share
EPS
$4.01
Free cash flow per share
$4.14
Book value per share
$10.24
Revenue per share
$11.22
TBVPS
$36.81
Balance sheet
Total assets
$8.29B
Total liabilities
$6.01B
Debt
$5.17B
Equity
$2.29B
Working capital
$380.25M
Liquidity
Debt to equity
2.26
Current ratio
1.59
Quick ratio
0.72
Net debt/EBITDA
3.59
Margins
EBITDA margin
54.7%
Gross margin
53.7%
Net margin
35.9%
Operating margin
38.7%
Efficiency
Return on assets
10.9%
Return on equity
38.7%
Return on invested capital
8.9%
Return on capital employed
14.7%
Return on sales
44.9%
Dividend
Dividend yield
8.64%
DPS
$4.11
Payout ratio
102.5%

MMP stock price

How has the Magellan Midstream Partners stock price performed over time
Intraday
3.01%
1 week
3.48%
1 month
-3.29%
1 year
40.42%
YTD
12.13%
QTD
-2.7%

Financial performance

How have Magellan Midstream Partners's revenue and profit performed over time
Revenue
$2.5B
Gross profit
$1.34B
Operating income
$966.99M
Net income
$897.29M
Gross margin
53.7%
Net margin
35.9%
The company's net income rose by 20% QoQ but it fell by 9% YoY
The operating income has grown by 16% from the previous quarter but it has contracted by 6% YoY
The revenue has increased by 9% since the previous quarter but it has declined by 4.6% year-on-year
Magellan Midstream Partners's net margin has increased by 9% QoQ but it has decreased by 4% YoY

Growth

What is Magellan Midstream Partners's growth rate over time

Valuation

What is Magellan Midstream Partners stock price valuation
P/E
11.87
P/B
4.65
P/S
4.24
EV/EBIT
13.76
EV/EBITDA
11.3
EV/Sales
6.18
MMP's P/E is 21% below its 5-year quarterly average of 14.5
Magellan Midstream Partners's EPS has increased by 20% QoQ but it has decreased by 7% YoY
MMP's P/B is 24% below its 5-year quarterly average of 5.9 but 10% above its last 4 quarters average of 4.1
Magellan Midstream Partners's equity has decreased by 7% YoY
The P/S is 24% below the 5-year quarterly average of 5.4 but 6% above the last 4 quarters average of 3.9
The revenue has increased by 9% since the previous quarter but it has declined by 4.6% year-on-year

Efficiency

How efficient is Magellan Midstream Partners business performance
The return on equity has grown by 22% since the previous quarter and by 2.4% year-on-year
Magellan Midstream Partners's ROA has increased by 18% from the previous quarter but it has decreased by 8% YoY
The ROIC has grown by 14% from the previous quarter but it has contracted by 11% YoY
Magellan Midstream Partners's return on sales has increased by 3.7% QoQ but it has decreased by 3.2% YoY

Dividends

What is MMP's dividend history
DPS
$4.11
Dividend yield
8.64%
Payout ratio
102.5%
Recent dividends

Financial health

How did Magellan Midstream Partners financials performed over time
Magellan Midstream Partners's total assets is 38% higher than its total liabilities
The quick ratio has soared by 167% YoY and by 89% from the previous quarter
The company's current ratio has surged by 161% YoY and by 87% QoQ
Magellan Midstream Partners's debt is 126% higher than its equity
Magellan Midstream Partners's debt to equity has increased by 12% YoY
Magellan Midstream Partners's equity has decreased by 7% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.