MMP Magellan Midstream Partners LP

  1. Stocks
  2. Energy
  3. NYSE: MMP

Price (delayed)

$61.16

Market cap

$12.36B

P/E Ratio

11.08

Dividend/share

$4.18

EPS

$5.52

Enterprise value

$17.48B

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
Magellan Midstream Partners's EPS has increased by 30% YoY and by 12% QoQ
The company's net income rose by 24% YoY and by 10% QoQ
The quick ratio has grown by 21% YoY but it has contracted by 10% from the previous quarter
MMP's P/E is 13% above its last 4 quarters average of 9.8
Magellan Midstream Partners's equity has decreased by 7% YoY
Sector: Energy
Industry: Oil & Gas Midstream
Website: http://www.magellanlp.com
Peers: PAA HEP NS MPLX

Key stats

What are the main financial stats of MMP
Market
Shares outstanding
202.1M
Market cap
$12.36B
Enterprise value
$17.48B
Valuations
Price to earnings (P/E)
11.08
Price to book (P/B)
7.39
Price to sales (P/S)
3.67
EV/EBIT
12.68
EV/EBITDA
10.47
EV/Sales
5.15
Earnings
Revenue
$3.4B
EBIT
$1.38B
EBITDA
$1.67B
Free cash flow
$1.22B
Per share
EPS
$5.52
Free cash flow per share
$5.97
Book value per share
$8.27
Revenue per share
$16.64
TBVPS
$36.65
Balance sheet
Total assets
$7.57B
Total liabilities
$5.89B
Debt
$5.13B
Equity
$1.68B
Working capital
-$19.3M
Liquidity
Debt to equity
3.05
Current ratio
0.97
Quick ratio
0.35
Net debt/EBITDA
3.06
Margins
EBITDA margin
49.2%
Gross margin
47%
Net margin
33.7%
Operating margin
31.9%
Efficiency
Return on assets
14.8%
Return on equity
66.6%
Return on invested capital
11.4%
Return on capital employed
19.8%
Return on sales
40.6%
Dividend
Dividend yield
6.83%
DPS
$4.18
Payout ratio
75.7%

MMP stock price

How has the Magellan Midstream Partners stock price performed over time
Intraday
-0.71%
1 week
-2.36%
1 month
10.12%
1 year
21.47%
YTD
21.81%
QTD
12.72%

Financial performance

How have Magellan Midstream Partners's revenue and profit performed over time
Revenue
$3.4B
Gross profit
$1.6B
Operating income
$1.08B
Net income
$1.14B
Gross margin
47%
Net margin
33.7%
The company's net income rose by 24% YoY and by 10% QoQ
The revenue has increased by 22% year-on-year and by 6% since the previous quarter
The gross profit has grown by 18% YoY and by 7% from the previous quarter
The operating income has grown by 13% from the previous quarter and by 10% YoY

Growth

What is Magellan Midstream Partners's growth rate over time

Valuation

What is Magellan Midstream Partners stock price valuation
MMP P/E details
P/E
11.08
P/B
7.39
P/S
3.67
EV/EBIT
12.68
EV/EBITDA
10.47
EV/Sales
5.15
Magellan Midstream Partners's EPS has increased by 30% YoY and by 12% QoQ
MMP's P/E is 13% above its last 4 quarters average of 9.8
MMP's P/B is 42% above its 5-year quarterly average of 5.2 and 23% above its last 4 quarters average of 6.0
Magellan Midstream Partners's equity has decreased by 7% YoY
The revenue has increased by 22% year-on-year and by 6% since the previous quarter
The P/S is 15% below the 5-year quarterly average of 4.3 but 11% above the last 4 quarters average of 3.3

Efficiency

How efficient is Magellan Midstream Partners business performance
The return on equity has grown by 42% year-on-year and by 13% since the previous quarter
Magellan Midstream Partners's ROA has increased by 30% YoY and by 12% from the previous quarter
The ROIC has grown by 24% YoY and by 11% from the previous quarter
Magellan Midstream Partners's return on sales has decreased by 2.6% YoY but it has increased by 2.5% QoQ

Dividends

What is MMP's dividend history
Dividend details
DPS
$4.18
Dividend yield
6.83%
Payout ratio
75.7%
Recent dividends

Financial health

How did Magellan Midstream Partners financials performed over time
Magellan Midstream Partners's total assets is 29% higher than its total liabilities
The company's current ratio fell by 35% YoY
The quick ratio has grown by 21% YoY but it has contracted by 10% from the previous quarter
Magellan Midstream Partners's debt has decreased by 7% 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.