Martin Midstream Partners L.p. · NASDAQ:MMLP

Martin Midstream Partners L.p — Q3 2025 Earnings Presentation

7 slides from Martin Midstream Partners L.p's earnings presentation, Oct 15, 2025

  1. Slide 1: Third Quarter 2025 Earnings Summary

    Third Quarter 2025 Earnings Summary MARTIN MIDSTREAM PARTNERS October 15, 2025

  2. Slide 2: MMLP 3Q 2025 Adjusted EBITDA Reconciliation & Comparison

    MMLP 3Q 2025 Adjusted EBITDA Reconciliation & Comparison (in millions) Terminalling & 3Q 2025 Transportation Sulfur Services Specialty Products SG&A Interest Expense Storage Actual Net income (loss) $2.8 $4.6 $0.2 $3.2 $(4.6) $(14.6) $(8.4) Interest expense add back — — — — — $14.6 $14.6 Equity in l

  3. Slide 3: MMLP 3Q 2024 Adjusted EBITDA Reconciliation

    MMLP 3Q 2024 Adjusted EBITDA Reconciliation (in millions) Terminalling & 3Q 2024 Transportation Sulfur Services Specialty Products SG&A Interest Expense Storage Actual Net income (loss) $8.6 $2.7 $1.3 $3.9 $(5.1) $(14.6) $(3.3) Interest expense add back — — — — — $14.6 $14.6 Income tax expense — — —

  4. Slide 4: MMLP YTD 3Q 2025 Adjusted EBITDA Reconciliation & Comparison

    MMLP YTD 3Q 2025 Adjusted EBITDA Reconciliation & Comparison (in millions) Terminalling & YTD 3Q 2025 Transportation Sulfur Services Specialty Products SG&A Interest Expense Storage Actual Net income (loss) $14.5 $9.7 $13.9 $10.6 $(17.2) $(43.3) $(11.9) Interest expense add back — — — — — $43.3 $43.

  5. Slide 5: MMLP YTD 3Q 2024 Adjusted EBITDA Reconciliation

    MMLP YTD 3Q 2024 Adjusted EBITDA Reconciliation (in millions) Terminalling & YTD 3Q 2024 Transportation Sulfur Services Specialty Products SG&A Interest Expense Storage Actual Net income (loss) $26.5 $9.6 $12.4 $13.4 $(15.3) $(42.8) $3.7 Interest expense add back — — — — — $42.8 $42.8 Equity in loss

  6. Slide 6: Disclaimers: Use of Non-GAAP Financial Measures, Forward Looking Statements

    Disclaimers Use of Non-GAAP Financial Measures This presentation includes certain non-GAAP financial measures such as Adjusted EBITDA. These non-GAAP financial measures are not meant to be considered in isolation or as a substitute for results prepared in accordance with accounting principles genera

  7. Slide 7: Martin Midstream Partners

    Martin Midstream Partners 4200 B Stone Road Kilgore, Texas 75662 903.983.6200 www.MMLP.com

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