MMP Magellan Midstream Partners LP

Price (delayed)

$45.53

Market cap

$10.19B

P/E Ratio

11.27

Dividend/share

$4.11

EPS

$4.04

Enterprise value

$15.21B

Sector: Energy
Industry: Oil & Gas Midstream

Highlights

The quick ratio has contracted by 37% YoY but it has grown by 26% from the previous quarter
MMP's P/E is 26% below its 5-year quarterly average of 15.3 but 12% above its last 4 quarters average of 10.1
The company's net income fell by 12% YoY and by 6% QoQ
Magellan Midstream Partners's EPS has decreased by 12% YoY and by 6% QoQ

Key stats

What are the main financial stats of MMP
Market
Shares outstanding
223.7M
Market cap
$10.19B
Enterprise value
$15.21B
Valuations
Price to earnings (P/E)
11.27
Price to book (P/B)
4.29
Price to sales (P/S)
3.97
EV/EBIT
13.16
EV/EBITDA
10.75
EV/Sales
5.89
Earnings
Revenue
$2.58B
EBIT
$1.16B
EBITDA
$1.41B
Free cash flow
$642.13M
Per share
EPS
$4.04
Free cash flow per share
$2.85
Book value per share
$10.61
Revenue per share
$11.46
TBVPS
$35.71
Balance sheet
Total assets
$8.14B
Total liabilities
$5.75B
Debt
$5.05B
Equity
$2.39B
Working capital
-$190.38M
Liquidity
Debt to equity
2.11
Current ratio
0.64
Quick ratio
0.34
Net debt/EBITDA
3.55
Margins
EBITDA margin
54.8%
Gross margin
53.8%
Net margin
35.6%
Operating margin
38%
Efficiency
Return on assets
11.2%
Return on equity
36.4%
Return on invested capital
9.4%
Return on capital employed
15.2%
Return on sales
44.8%
Dividend
Dividend yield
9.03%
DPS
$4.11
Payout ratio
101.8%

MMP stock price

How has the Magellan Midstream Partners stock price performed over time
Intraday
-1.17%
1 week
1.49%
1 month
-1.15%
1 year
-29.59%
YTD
7.28%
QTD
7.28%

Financial performance

How have Magellan Midstream Partners's revenue and profit performed over time
Revenue
$2.58B
Gross profit
$1.39B
Operating income
$982.06M
Net income
$919.49M
Gross margin
53.8%
Net margin
35.6%
The company's net income fell by 12% YoY and by 6% QoQ
The revenue has declined by 9% year-on-year and by 2.2% since the previous quarter
The gross profit has contracted by 9% YoY and by 2.7% from the previous quarter
The operating income has contracted by 9% YoY and by 4.4% from the previous quarter

Growth

What is Magellan Midstream Partners's growth rate over time

Valuation

What is Magellan Midstream Partners stock price valuation
P/E
11.27
P/B
4.29
P/S
3.97
EV/EBIT
13.16
EV/EBITDA
10.75
EV/Sales
5.89
MMP's P/E is 26% below its 5-year quarterly average of 15.3 but 12% above its last 4 quarters average of 10.1
Magellan Midstream Partners's EPS has decreased by 12% YoY and by 6% QoQ
MMP's P/B is 32% below its 5-year quarterly average of 6.3 but 10% above its last 4 quarters average of 3.9
Magellan Midstream Partners's equity has decreased by 11% YoY and by 2.7% from the previous quarter
The P/S is 32% below the 5-year quarterly average of 5.8 but 7% above the last 4 quarters average of 3.7
The revenue has declined by 9% year-on-year and by 2.2% since the previous quarter

Efficiency

How efficient is Magellan Midstream Partners business performance
Magellan Midstream Partners's ROA has decreased by 15% YoY and by 5% from the previous quarter
The ROIC has contracted by 14% YoY and by 6% from the previous quarter
The return on equity has declined by 8% year-on-year and by 3.7% since the previous quarter
Magellan Midstream Partners's return on sales has decreased by 2.8% QoQ

Dividends

What is MMP's dividend history
DPS
$4.11
Dividend yield
9.03%
Payout ratio
101.8%
Recent dividends

Financial health

How did Magellan Midstream Partners financials performed over time
Magellan Midstream Partners's total assets is 42% higher than its total liabilities
The quick ratio has contracted by 37% YoY but it has grown by 26% from the previous quarter
The company's current ratio fell by 23% YoY but it rose by 4.9% QoQ
Magellan Midstream Partners's debt is 111% higher than its equity
Magellan Midstream Partners's debt to equity has increased by 16% YoY and by 4.5% QoQ
Magellan Midstream Partners's equity has decreased by 11% YoY and by 2.7% from the previous quarter

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