NMM on NYSE
Navios Maritime Partners L.P.
Navios Maritime Partners L.P. is a Deep Sea Foreign Transportation of Freight company, listed on NYSE (NMM).1
Price unavailable
Last updated Oct 21, 2026.
Overview
Compare with Star Bulk Carriers Corp., Danaos Corporation or TEEKAY CORP LTD, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue10¢$127.8M
- Other costs69¢$931.1M
- Profit21¢$285.3M
Out of $1.3B in revenue.2
Where each dollar of operating cash went, fiscal 2025
- Dividends paid1¢$6.0M
- Kept or used elsewhere99¢$499.0M
Out of $505.0M of cash from operations.2
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Time charter and voyage revenues | $1.3B | $1.3B | $1.3B |
| Time charter and voyage expenses (including $16,511, $0 and $0 to related parties) | -$127.8M | -$146.4M | -$160.2M |
| Vessel operating expenses (including $51,344, $351,361 and $336,590 to related parties) | -$384.4M | -$362.7M | -$357.8M |
| General and administrative expenses | -$92.0M | -$85.2M | -$80.6M |
| Depreciation and amortization | -$348.9M | -$292.1M | -$261.1M |
| Amortization of unfavorable lease terms | $11.7M | $12.7M | $19.9M |
| Gain on sale of vessels, net | $16.9M | $25.8M | $50.2M |
| Interest expense and finance cost, net | -$134.8M | -$124.5M | -$133.6M |
| Interest income | $12.8M | $13.8M | $10.7M |
| Other income | $2.4M | $582.0K | $53.7M |
| Other expense | -$14.7M | -$8.7M | -$14.4M |
| Net income | $285.3M | $367.3M | $433.6M |
| Unrealized loss on cash flow hedges | -$2.3M | ||
| Total other comprehensive loss | -$2.3M | ||
| Total comprehensive income | $283.1M | $367.3M | $433.6M |
| Common Unitholders | $279.3M | $359.9M | $425.0M |
| General Partner | $6.0M | $7.4M | $8.7M |
| Earnings per common unit, basic | $10 | $12 | $14 |
| Earnings per common unit, diluted | $10 | $12 | $14 |
| Time charter and voyage expenses | $16.5M | $0 | $0 |
| Vessel operating expenses | $51.3M | $351.4M | $336.6M |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $402.8M | $270.2M | ||
| Restricted cash | $186.0K | $29.6M | ||
| Other investments | $10.5M | $12.3M | ||
| Accounts receivable, net | $34.1M | $33.4M | ||
| Prepaid expenses and other current assets | $62.8M | $60.9M | ||
| Amounts due from related parties | $1.7M | $36.6M | ||
| Total current assets | $512.1M | $443.0M | ||
| Vessels, net | $4.4B | $4.2B | ||
| Deposits for vessel acquisitions | $470.6M | $444.9M | ||
| Other long-term assets | $62.8M | $61.7M | ||
| Deferred dry dock and special survey costs, net | $264.4M | $196.2M | ||
| Amounts due from related parties | $7.1M | $0 | ||
| Intangible assets | $3.2M | $42.3M | ||
| Operating lease assets | $219.0M | $243.8M | ||
| Total non-current assets | $5.4B | $5.2B | ||
| Total assets | $5.9B | $5.7B | ||
| Accounts payable | $17.9M | $17.8M | ||
| Accrued expenses | $47.5M | $33.9M | ||
| Deferred revenue | $61.4M | $66.2M | ||
| Operating lease liabilities, current portion | $26.9M | $25.6M | ||
| Amounts due to related parties | $23.5M | $0 | ||
| Current portion of finance lease and financial liabilities, net | $143.6M | $103.0M | ||
| Current portion of long-term debt, net | $133.8M | $163.2M | ||
| Fair value of derivatives, current | $646.0K | $0 | ||
| Total current liabilities | $455.1M | $409.7M | ||
| Operating lease liabilities, net | $188.1M | $215.0M | ||
| Unfavorable lease terms | $3.6M | $15.3M | ||
| Long-term finance lease and financial liabilities, net | $613.2M | $945.6M | ||
| Long-term debt, net | $974.6M | $917.1M | ||
| Senior unsecured bonds, net | $294.4M | $0 | ||
| Deferred revenue | $49.2M | $55.5M | ||
| Other long-term liabilities | $8.4M | $8.4M | ||
| Fair value of derivatives, non-current | $1.6M | $0 | ||
| Total non-current liabilities | $2.1B | $2.2B | ||
| Total liabilities | $2.6B | $2.6B | ||
| Common Unitholders (28,665,121 and 29,694,433 common units outstanding as of December 31, 2025 and December 31, 2024, respectively) | $3.3B | $3.1B | ||
| General Partner (622,296 general partnership units outstanding at each of December 31, 2025 and December 31, 2024) | $59.2M | $53.3M | ||
| Accumulated Other Comprehensive Loss | -$2.3M | $0 | ||
| Total partners capital | $3.3B | $3.1B | $2.8B | $2.3B |
| Total liabilities and partners capital | $5.9B | $5.7B | ||
| Common units outstanding | 28.7M shares | 29.7M shares | ||
| General Partners, units outstanding | 622.3K shares | 622.3K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $402.8M | $270.2M | ||
| Restricted cash | $186.0K | $29.6M | ||
| Other investments | $10.5M | $12.3M | ||
| Accounts receivable, net | $34.1M | $33.4M | ||
| Prepaid expenses and other current assets | $62.8M | $60.9M | ||
| Amounts due from related parties | $1.7M | $36.6M | ||
| Total current assets | $512.1M | $443.0M | ||
| Vessels, net | $4.4B | $4.2B | ||
| Deposits for vessel acquisitions | $470.6M | $444.9M | ||
| Other long-term assets | $62.8M | $61.7M | ||
| Deferred dry dock and special survey costs, net | $264.4M | $196.2M | ||
| Amounts due from related parties | $7.1M | $0 | ||
| Intangible assets | $3.2M | $42.3M | ||
| Operating lease assets | $219.0M | $243.8M | ||
| Total non-current assets | $5.4B | $5.2B | ||
| Total assets | $5.9B | $5.7B | ||
| Accounts payable | $17.9M | $17.8M | ||
| Accrued expenses | $47.5M | $33.9M | ||
| Deferred revenue | $61.4M | $66.2M | ||
| Operating lease liabilities, current portion | $26.9M | $25.6M | ||
| Amounts due to related parties | $23.5M | $0 | ||
| Current portion of finance lease and financial liabilities, net | $143.6M | $103.0M | ||
| Current portion of long-term debt, net | $133.8M | $163.2M | ||
| Fair value of derivatives, current | $646.0K | $0 | ||
| Total current liabilities | $455.1M | $409.7M | ||
| Operating lease liabilities, net | $188.1M | $215.0M | ||
| Unfavorable lease terms | $3.6M | $15.3M | ||
| Long-term finance lease and financial liabilities, net | $613.2M | $945.6M | ||
| Long-term debt, net | $974.6M | $917.1M | ||
| Senior unsecured bonds, net | $294.4M | $0 | ||
| Deferred revenue | $49.2M | $55.5M | ||
| Other long-term liabilities | $8.4M | $8.4M | ||
| Fair value of derivatives, non-current | $1.6M | $0 | ||
| Total non-current liabilities | $2.1B | $2.2B | ||
| Total liabilities | $2.6B | $2.6B | ||
| Common Unitholders (28,665,121 and 29,694,433 common units outstanding as of December 31, 2025 and December 31, 2024, respectively) | $3.3B | $3.1B | ||
| General Partner (622,296 general partnership units outstanding at each of December 31, 2025 and December 31, 2024) | $59.2M | $53.3M | ||
| Accumulated Other Comprehensive Loss | -$2.3M | $0 | ||
| Total partners capital | $3.3B | $3.1B | $2.8B | $2.3B |
| Total liabilities and partners capital | $5.9B | $5.7B | ||
| Common units outstanding | 28.7M shares | 29.7M shares | ||
| General Partners, units outstanding | 622.3K shares | 622.3K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $285.3M | $367.3M | $433.6M |
| Depreciation and amortization | $348.9M | $292.1M | $261.1M |
| Amortization of unfavorable lease terms | -$11.7M | -$12.7M | -$19.9M |
| Other non-cash adjustments | -$14.7M | -$7.0M | $54.4M |
| Amortization of operating lease assets/ liabilities | -$752.0K | -$3.0M | $8.9M |
| Amortization and write-off of deferred finance costs | $10.7M | $7.8M | $7.2M |
| Gain on sale of vessels, net | -$16.9M | -$25.8M | -$50.2M |
| Stock-based compensation | $0 | $0 | $4.0K |
| (Increase)/ decrease in accounts receivable | -$671.0K | $8.8M | $32.8M |
| Decrease in prepaid expenses and other current assets | $3.7M | $9.0M | $7.6M |
| Decrease in amounts due from related parties (including current and non-current portion) | $36.6M | $3.6M | $1.2M |
| Increase/ (decrease) in accounts payable | $128.0K | -$7.7M | -$1.6M |
| Increase in accrued expenses | $4.8M | $1.2M | $7.6M |
| Increase/ (decrease) in amounts due to related parties | $23.5M | -$32.0M | -$72.7M |
| Increase/ (decrease) in deferred revenue | $5.3M | $929.0K | -$8.3M |
| Payments for dry dock and special survey costs | -$169.4M | -$119.1M | -$101.3M |
| Net cash provided by operating activities | $505.0M | $483.5M | $560.3M |
| Net cash proceeds from sale of vessels | $191.1M | $190.3M | $259.0M |
| Acquisition of/ additions to vessels | -$223.9M | -$747.0M | -$182.9M |
| Deposits for acquisition/ option to acquire vessel | -$317.0M | -$260.1M | -$282.1M |
| Other investments | $1.8M | $34.7M | -$47.0M |
| Net cash used in investing activities | -$348.0M | -$782.1M | -$253.0M |
| Cash distributions paid | -$6.0M | -$6.1M | -$6.2M |
| Proceeds from long-term debt, finance lease and financial liabilities | $767.9M | $966.1M | $609.7M |
| Proceeds from issuance of senior unsecured bonds | $300.0M | $0 | $0 |
| Repayment of long-term debt, finance lease and financial liabilities | -$1.1B | -$575.0M | -$822.7M |
| Payments of deferred finance costs | -$17.4M | -$10.8M | -$14.0M |
| Acquisition of treasury units | -$43.0M | -$25.0M | $0 |
| Net cash (used in)/ provided by financing activities | -$53.8M | $349.3M | -$233.2M |
| Increase in cash, cash equivalents and restricted cash | $103.2M | $50.6M | $74.1M |
| Cash interest paid | $131.1M | $139.3M | $144.4M |
| Stock-based compensation | $0 | $0 | $4.0K |
| Financial and finance lease liabilities | $32.3M | $27.5M | $202.4M |
| Net cash proceeds from sale of vessels | $10.0M | $0 | $0 |
| Deposits for acquisition/ option to acquire vessel | $293.5M | $245.7M | $20.2M |
| Acquisition of/ additions to vessels | -$339.4M | -$318.9M | -$249.9M |
No quarter-by-quarter statement was filed.
Corporate structure
Navios Maritime Partners L.P. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Navios Maritime Partners L.P.
- Angeliki Frangou Filed SCHEDULE 13D/A on Navios Maritime Partners L.P., latest Mar 16, 2026 (5 filings since Oct 26, 2021)
- Pilgrim Global ICAV Filed SCHEDULE 13G/A on Navios Maritime Partners L.P., latest Nov 14, 2025 (7 filings since Feb 11, 2022)
- George O. Sertl Jr. Filed SCHEDULE 13G on Navios Maritime Partners L.P., latest Feb 14, 2025
- Ned L. Sherwood Filed SC 13D/A on Navios Maritime Partners L.P., latest Nov 20, 2024 (2 filings since Nov 28, 2023)
- Navios Maritime Holdings Inc. Filed SC 13D/A on Navios Maritime Partners L.P., latest Jan 11, 2024 (2 filings since Oct 26, 2021)
- Navios Maritime Acquisition Corp Filed SC 13D/A on Navios Maritime Partners L.P., latest Oct 19, 2021
- Navios Maritime Partners L.P. 1T
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Navios Maritime Partners L.P. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $4.4B2 Dec 31, 2025 | $4.2B2 Dec 31, 2024 | +3.5% |
| Operating-lease assets (leased space) | $219.0M2 Dec 31, 2025 | $243.8M2 Dec 31, 2024 | −10.2% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $402.8M2 Dec 31, 2025 | $270.2M2 Dec 31, 2024 | +49.1% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finite-lived intangibles, net | $3.2M2 Dec 31, 2025 | $42.3M2 Dec 31, 2024 | −92.4% |
Inventory
Leadership
Who has led Navios Maritime Partners L.P., and when. Pick a name to see everywhere that person has worked.
President
Chief financial officer
Chief operating officer
- PresidentAnna Kalathaki Mar 18, 2026 to now10
- Chief financial officerErifyli Tsironi Mar 18, 2026 to now11
- Chief operating officerEfstratios Desypris Mar 18, 2026 to now12
Board members and other officers (11)
- OfficerAngeliki Frangou Mar 18, 2026 to now13
- OfficerGeorgios Akhniotis Mar 18, 2026 to now14
- OfficerGrigorios Tzifas Mar 18, 2026 to now15
- OfficerShunji Sasada Mar 18, 2026 to now16
- Board memberAlexander Nicholas Kalafatides Mar 18, 2026 to now17
- Board memberAngeliki Frangou Mar 18, 2026 to now13
- Board memberGeorgios Akhniotis Mar 18, 2026 to now14
- Board memberKunihide Akizawa Mar 18, 2026 to now18
- Board memberShunji Sasada Mar 18, 2026 to now16
- Board memberVasilios Mouyis Mar 18, 2026 to now19
- Board memberSerafeim Kriempardis Mar 20, 2026 to now20
Calendar
Coming up
- Nov 17, 2026Reports results for the quarter ending Sep/202621
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
105 filings to the SEC since October 2021: 5 annual reports, 45 insider forms, 18 large holders, 37 other. The latest 20:
- Oct 5, 20266-K EDGAR
- Aug 27, 20266-K EDGAR
- Aug 12, 20264 EDGAR
- Aug 7, 20264 EDGAR
- Aug 4, 20264 EDGAR
- Jul 30, 20264 EDGAR
- Jul 27, 20264 EDGAR
- Jul 22, 20264 EDGAR
- Jul 17, 20264 EDGAR
- Jul 14, 20264 EDGAR
- Jul 9, 20264 EDGAR
- Jul 6, 20264 EDGAR
- Jun 30, 20264 EDGAR
- Jun 25, 20264 EDGAR
- Jun 22, 20264 EDGAR
- Jun 16, 20264 EDGAR
- Jun 11, 20264 EDGAR
- Jun 8, 20264 EDGAR
- Jun 4, 2026EFFECT EDGAR
- Jun 4, 2026424B3 EDGAR
The 105 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
101 open-market trades by officers, directors and large owners since October 2021: 101 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 12, 2026 | Frangou AngelikiSee Remarks | Buy | 1,062 | $79.16 | $84.1K | Form 4 |
| Aug 11, 2026 | Frangou AngelikiSee Remarks | Buy | 1,057 | $78.40 | $82.9K | Form 4 |
| Aug 10, 2026 | Frangou AngelikiSee Remarks | Buy | 1,050 | $79.09 | $83.0K | Form 4 |
| Aug 7, 2026 | Frangou AngelikiSee Remarks | Buy | 1,054 | $78.94 | $83.2K | Form 4 |
| Aug 6, 2026 | Frangou AngelikiSee Remarks | Buy | 1,063 | $79.53 | $84.5K | Form 4 |
| Aug 5, 2026 | Frangou AngelikiSee Remarks | Buy | 1,064 | $78.41 | $83.4K | Form 4 |
| Aug 4, 2026 | Frangou AngelikiSee Remarks | Buy | 1,041 | $78.94 | $82.2K | Form 4 |
| Aug 3, 2026 | Frangou AngelikiSee Remarks | Buy | 653 | $79.91 | $52.2K | Form 4 |
| Jul 31, 2026 | Frangou AngelikiSee Remarks | Buy | 830 | $80.00 | $66.4K | Form 4 |
| Jul 30, 2026 | Frangou AngelikiSee Remarks | Buy | 1,068 | $78.37 | $83.7K | Form 4 |
| Jul 29, 2026 | Frangou AngelikiSee Remarks | Buy | 1,051 | $78.55 | $82.6K | Form 4 |
| Jul 28, 2026 | Frangou AngelikiSee Remarks | Buy | 1,072 | $78.59 | $84.2K | Form 4 |
| Jul 27, 2026 | Frangou AngelikiSee Remarks | Buy | 1,053 | $77.64 | $81.8K | Form 4 |
| Jul 24, 2026 | Frangou AngelikiSee Remarks | Buy | 1,084 | $79.02 | $85.7K | Form 4 |
| Jul 23, 2026 | Frangou AngelikiSee Remarks | Buy | 1,131 | $748,119.00 | $846.1M | Form 4 |
| Jul 22, 2026 | Frangou AngelikiSee Remarks | Buy | 1,121 | $74.07 | $83.0K | Form 4 |
| Jul 21, 2026 | Frangou AngelikiSee Remarks | Buy | 1,149 | $74.03 | $85.1K | Form 4 |
| Jul 20, 2026 | Frangou AngelikiSee Remarks | Buy | 1,167 | $72.95 | $85.1K | Form 4 |
| Jul 17, 2026 | Frangou AngelikiSee Remarks | Buy | 1,119 | $72.62 | $81.3K | Form 4 |
| Jul 16, 2026 | Frangou AngelikiSee Remarks | Buy | 1,111 | $75.13 | $83.5K | Form 4 |
All 101 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Angeliki FrangouSCHEDULE 13D/A, 5 filings Oct 26, 2021 to Mar 16, 202622
- Pilgrim Global ICAVSCHEDULE 13G/A, 7 filings Feb 11, 2022 to Nov 14, 202523
- George O. Sertl Jr.SCHEDULE 13G, 1 filing Feb 14, 202524
- Ned L. SherwoodSC 13D/A, 2 filings Nov 28, 2023 to Nov 20, 202425
- Navios Maritime Holdings Inc.SC 13D/A, 2 filings Oct 26, 2021 to Jan 11, 202426
- Navios Maritime Acquisition CorpSC 13D/A, 1 filing Oct 19, 202127
SEC filer profile
How Navios Maritime Partners L.P. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARNavios Maritime Partners L.P.1
- CIK0001415921
- Employer ID (EIN)98-03843481
- Filer statusLarge accelerated filer not an emerging growth company; not a shell company28
- Incorporated inRepublic of Marshall Islands28
- Fiscal year endsDecember 311
- Industry code (SIC)4412 Deep Sea Foreign Transportation of Freight1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address85 Akti Miaouli, Piraeus 18538, Greece1
- Phone377979821401
- Shares outstanding28,665,121 shares as of Dec 31, 202528
- AuditorErnst & Young (Hellas) Certified Auditors Accountants S.A., Athens, Greece PCAOB ID 1457; it also attests to the company’s internal control over financial reporting28
- On EDGAR sinceOct 26, 20071
- Filings453 in all: 6-K (202), 4 (34), SC 13G/A (26), UPLOAD (21), 20-F (19), CORRESP (19), SC 13D/A (19), 424B5 (18)1
All 30 form types
424B2 (14), SC 13G (12), 3 (11), EFFECT (10), 424B3 (8), F-3 (7), F-3/A (6), SC 13D (6), 20-F/A (3), 424B4 (2), 425 (2), F-1/A (2), F-4 (2), F-4/A (2), 6-K/A (1), 8-A12B (1), CERTNYS (1), F-1 (1), F-3MEF (1), SCHEDULE 13D/A (1), SCHEDULE 13G (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (20-F) Mar 12, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Units | NMM | New York Stock Exchange LLC |
From the cover page of the 20-F filed Mar 12, 2026 (Section 12(b) of the Exchange Act).28
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 9
- 10SEC EDGARAnna Kalathaki, President
- 11
- 12
- 13SEC EDGARAngeliki Frangou, Officer
- 14SEC EDGARGeorgios Akhniotis, Officer
- 15SEC EDGARGrigorios Tzifas, Officer
- 16SEC EDGARShunji Sasada, Officer
- 17
- 18SEC EDGARKunihide Akizawa, Board member
- 19SEC EDGARVasilios Mouyis, Board member
- 20SEC EDGARSerafeim Kriempardis, Board member
- 21NasdaqNasdaq calendar
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- 27
- 28