MMP Magellan Midstream Partners LP

Price (delayed)

$49.88

Market cap

$10.36B

P/E Ratio

10.68

Dividend/share

$4.15

EPS

$4.67

Enterprise value

$15.51B

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 revenue has increased by 20% year-on-year and by 4.9% since the previous quarter
Magellan Midstream Partners's EPS has increased by 16% YoY and by 10% QoQ
The quick ratio has plunged by 60% YoY
Magellan Midstream Partners's equity has decreased by 23% YoY and by 2.4% from the previous quarter

Key stats

What are the main financial stats of MMP
Market
Shares outstanding
207.68M
Market cap
$10.36B
Enterprise value
$15.51B
Valuations
Price to earnings (P/E)
10.68
Price to book (P/B)
6
Price to sales (P/S)
3.62
EV/EBIT
12.6
EV/EBITDA
10.56
EV/Sales
5.33
Earnings
Revenue
$2.91B
EBIT
$1.23B
EBITDA
$1.47B
Free cash flow
$833.25M
Per share
EPS
$4.67
Free cash flow per share
$3.94
Book value per share
$8.32
Revenue per share
$13.76
TBVPS
$36.39
Balance sheet
Total assets
$7.79B
Total liabilities
$6.03B
Debt
$5.17B
Equity
$1.76B
Working capital
-$19.3M
Liquidity
Debt to equity
2.94
Current ratio
0.97
Quick ratio
0.29
Net debt/EBITDA
3.51
Margins
EBITDA margin
50.4%
Gross margin
46.4%
Net margin
34.3%
Operating margin
30.8%
Efficiency
Return on assets
12.5%
Return on equity
54.2%
Return on invested capital
9.8%
Return on capital employed
17.3%
Return on sales
42.3%
Dividend
Dividend yield
8.32%
DPS
$4.15
Payout ratio
88.9%

MMP stock price

How has the Magellan Midstream Partners stock price performed over time
Intraday
-0.12%
1 week
-4.08%
1 month
4.77%
1 year
8.91%
YTD
7.41%
QTD
4.44%

Financial performance

How have Magellan Midstream Partners's revenue and profit performed over time
Revenue
$2.91B
Gross profit
$1.35B
Operating income
$897.49M
Net income
$999.67M
Gross margin
46.4%
Net margin
34.3%
The operating margin has declined by 21% year-on-year and by 13% since the previous quarter
The revenue has increased by 20% year-on-year and by 4.9% since the previous quarter
The gross margin has contracted by 14% YoY and by 5% from the previous quarter
The company's net income rose by 11% YoY and by 8% QoQ

Growth

What is Magellan Midstream Partners's growth rate over time

Valuation

What is Magellan Midstream Partners stock price valuation
P/E
10.68
P/B
6
P/S
3.62
EV/EBIT
12.6
EV/EBITDA
10.56
EV/Sales
5.33
Magellan Midstream Partners's EPS has increased by 16% YoY and by 10% QoQ
MMP's P/E is 14% below its 5-year quarterly average of 12.5
Magellan Midstream Partners's equity has decreased by 23% YoY and by 2.4% from the previous quarter
MMP's P/B is 11% above its 5-year quarterly average of 5.4 and 9% above its last 4 quarters average of 5.5
The P/S is 23% below the 5-year quarterly average of 4.7
The revenue has increased by 20% year-on-year and by 4.9% since the previous quarter

Efficiency

How efficient is Magellan Midstream Partners business performance
The return on equity has grown by 40% year-on-year and by 16% since the previous quarter
Magellan Midstream Partners's ROA has increased by 15% YoY and by 10% from the previous quarter
The ROIC has grown by 10% YoY and by 7% from the previous quarter
Magellan Midstream Partners's return on sales has decreased by 9% YoY

Dividends

What is MMP's dividend history
DPS
$4.15
Dividend yield
8.32%
Payout ratio
88.9%
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 quick ratio has plunged by 60% YoY
The company's current ratio fell by 39% YoY and by 35% QoQ
Magellan Midstream Partners's debt is 194% higher than its equity
Magellan Midstream Partners's debt to equity has increased by 30% YoY but it has decreased by 3.3% QoQ
Magellan Midstream Partners's equity has decreased by 23% YoY and by 2.4% from the previous quarter

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