NRP · Natural Resource Partners LP · Financials
$117.66
+1.04 (+0.89%)
At close · Oct 27
Return incl. dividend (before tax)
Q2 2026 earnings call transcript
Market Cap
$1.55B
Shares
13.25M
Volume · Oct 27
17.03K
Avg daily vol (3M)
34.62K
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Revenue
$232.35M
-16.6%
FY2024
Net Income
$136.37M
-25.7%
FY2025
Operating Margin
85.73%
-19.2pp
FY2024
Operating Cash Flow
$165.86M
-33.3%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | $232.35M | $278.73M | $307.01M | $216.12M | $139.74M | $257.44M | $251.07M | $242.78M | $250.18M | $432.75M | $349.53M | $358.12M | $379.15M | $377.68M | $301.4M | $256.08M | $291.67M | |
| $21.73M | $24.1M | $25.15M | $26.11M | $21.85M | $17.36M | $14.29M | $16.73M | $16.5M | $18.5M | $16.98M | $7.04M | $7.29M | $11.45M | $29.71M | $29.55M | $29.89M | $23.1M | $13.92M | |
| — | $1M | $800K | $1M | $1.4M | $1.3M | $200K | $2.5M | $4.3M | $3M | $800K | $1M | $300K | $3.8M | $4.35M | $9.3M | $10.15M | — | — | |
| $25.96M | $14.96M | $15.54M | $18.49M | $22.52M | $19.08M | $9.2M | $14.93M | $21.69M | $23.41M | $28.58M | $57.3M | $58.59M | $64.38M | $58.22M | $65.12M | $56.98M | $60.01M | $64.25M | |
| — | — | — | — | — | $68.59M | $184.17M | $212.61M | $85.97M | $69.77M | $98.09M | $610.08M | $174.78M | $121.88M | $111.98M | $273.55M | $105.34M | — | — | |
| $72.45M | $62.93M | $68.81M | $77.47M | $83.73M | $68.59M | $184.17M | — | — | — | — | — | — | — | — | $273.55M | $105.34M | $102.11M | $94.66M | |
| — | — | — | $32.32M | $34.9M | $27.05M | $24.8M | $32.74M | $29.51M | $24.88M | $20.74M | $136.94M | $65.93M | $33.21M | — | — | — | — | — | |
| $111.66M | $144.35M | $199.2M | $292.54M | $305.23M | $147.78M | -$43.85M | $51.32M | $192.54M | $176.56M | $181.16M | -$170.43M | $176.14M | $236.24M | $267.17M | $104.14M | $196.06M | $153.98M | $197.01M | |
| — | — | 85.73% | 104.95% | 99.42% | 68.38% | -31.38% | 19.94% | 76.69% | 72.72% | 72.41% | -39.38% | 50.39% | 65.97% | 70.46% | 27.57% | 65.05% | 60.13% | 67.55% | |
| $137.62M | $159.31M | $214.73M | $311.03M | $327.75M | $166.85M | -$34.65M | $66.25M | $214.23M | $199.97M | $209.74M | -$113.13M | $234.73M | $300.61M | $325.39M | $169.25M | $253.04M | $213.99M | $261.26M | |
| $4.96M | $7.98M | $15.55M | $14.1M | $26.27M | $38.88M | $40.97M | $47.45M | $70.18M | $82.03M | $90.01M | $87.91M | $79.14M | $64.4M | $53.97M | $49.18M | $41.64M | $40.11M | $28.36M | |
| — | — | — | — | — | — | — | — | — | $181K | $39K | $18K | $96K | $238K | $162K | $69K | $35K | $213K | $1.36M | |
| -$16.81M | $3.06M | $18.14M | $73.4M | $59.8M | $21.87M | $10.73M | — | — | — | — | — | — | — | — | — | — | — | — | |
| $106.7M | $136.37M | $183.64M | $278.44M | $268.49M | $108.9M | -$84.82M | -$24.46M | $139.54M | $88.67M | $96.89M | -$571.72M | $108.83M | $172.08M | $213.36M | $54.03M | $154.46M | $114.08M | $170.01M | |
| — | — | 79.04% | 99.89% | 87.45% | 50.39% | -60.7% | -9.5% | 55.58% | 36.52% | 38.73% | -132.11% | 31.14% | 48.05% | 56.27% | 14.3% | 51.25% | 44.55% | 58.29% | |
| — | — | — | — | — | — | $0 | $0 | $510K | $0 | $0 | — | $0 | $0 | $0 | $998K | $5.07M | $0 | $0 | |
| — | $136.37M | $154.91M | $200.79M | $238.49M | $77.29M | -$115.04M | -$54.46M | $109.54M | $63.21M | $96.89M | -$571.72M | — | — | — | — | — | — | — | |
| $103.29M | $134.04M | $185.1M | $256.6M | $284M | $111.79M | -$81.9M | -$23.59M | $139.39M | $87.02M | $97.38M | -$573.41M | $108.75M | $172.14M | $213.41M | $54.08M | $154.51M | $114.13M | $170.06M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Long-term debt, including current maturities | 2026-06-30 | USD 27,355,000 | 10-Q filed 2026-08-05 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
Thermal Coal median 1.06×
EV/EBIT
13.81×
Thermal Coal median 13.36×
P/E (TTM)
—
EV/Adj. EBITDA (FY2025)
9.40×
Thermal Coal median 5.94×
EV/Adj. EBITDA uses the company-stated “Adjusted EBITDA”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Mineral Rights Segment | $200,282,000 | $240,948,000 | $291,144,000 | $324,889,000 | $194,248,000 | $129,011,000 | — | — |
| Coal Hard Mineral Royalty and Other Segment | — | — | — | — | — | $120,166,000 | $191,069,000 | $178,878,000 |
| Mineral Rights | — | — | — | — | $194,248,000 | $129,011,000 | $210,348,000 | — |
| Soda Ash Segment | — | — | — | — | $21,871,000 | $10,728,000 | $47,089,000 | $48,306,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Royalty and Other Mineral Rights | $191,045,000 | $234,149,000 | $278,733,000 | $307,013,000 | $370,392,000 | $240,332,000 | $191,069,000 | — |
| Coal Royalty Revenues | $133,512,000 | $159,033,000 | $218,011,000 | $226,956,000 | $104,089,000 | $51,868,000 | — | — |
| Minimum Lease Straightline Revenues | $16,576,000 | $16,530,000 | $19,389,000 | $18,792,000 | $20,564,000 | $16,796,000 | — | — |
| Transportation and Processing Services | $9,237,000 | $8,597,000 | $14,923,000 | $21,072,000 | $9,052,000 | $8,845,000 | — | — |
| Wheelage Revenues | $8,361,000 | $9,324,000 | $12,191,000 | $13,961,000 | $10,065,000 | $7,025,000 | — | — |
| Oil and Gas Royalty Revenues | $7,622,000 | $8,566,000 | $7,387,000 | $16,161,000 | $4,506,000 | $5,816,000 | — | — |
| Property Tax Revenues | $6,807,000 | $7,100,000 | $6,219,000 | $5,878,000 | $6,028,000 | $5,786,000 | — | — |
| Production Lease Minimum Revenues | $5,010,000 | $4,365,000 | $3,322,000 | $5,854,000 | $14,269,000 | $21,749,000 | — | — |
| Lease Amendment Revenues | $4,854,000 | $3,724,000 | $3,070,000 | $3,201,000 | $4,696,000 | $3,450,000 | — | — |
| Aggregates Royalty Revenues | $3,706,000 | $2,904,000 | $2,876,000 | $3,299,000 | $1,889,000 | $1,717,000 | — | — |
| Coal Overriding Royalty Revenues | $2,159,000 | $2,358,000 | $2,175,000 | $3,434,000 | $4,367,000 | $4,977,000 | — | — |
| Carbon Neutral Revenues | $1,454,000 | $15,703,000 | $2,969,000 | $8,600,000 | $13,790,000 | $0 | — | — |
| Other Revenues | $984,000 | $2,744,000 | $1,124,000 | $877,000 | $933,000 | $982,000 | — | — |
| Aggregates Royalty Revenue | — | — | — | — | $1,889,000 | $3,434,000 | $8,530,000 | $4,739,000 |
| Coal Overriding Royalty Revenue | — | — | — | — | $4,367,000 | $9,954,000 | $26,992,000 | $13,878,000 |
| Coal Royalty Revenue | — | — | — | — | $104,089,000 | $103,736,000 | $219,224,000 | $129,341,000 |
| Forest C02 Sequestration Revenues | — | — | — | — | $13,790,000 | $0 | $0 | — |
| Leaseassignmentfeerevenue Member Domain | — | — | — | — | $4,696,000 | $6,900,000 | $15,982,000 | $0 |
| Mineral Rights Segment | — | — | $12,400,000 | $17,900,000 | $5,400,000 | $5,000,000 | — | — |
| Minimum Lease Straight Line Revenue | — | — | — | — | $20,564,000 | $33,592,000 | $29,820,000 | $2,362,000 |
| Oil and Gas Royalty Revenue | — | — | — | — | $4,506,000 | $11,632,000 | $6,062,000 | $6,608,000 |
| Other Revenue | — | — | — | — | $933,000 | $1,964,000 | $3,058,000 | $1,837,000 |
| Production Lease Minimum Revenue | — | — | — | — | $14,269,000 | $43,498,000 | $48,136,000 | $8,207,000 |
| Property Tax Revenue | — | — | — | — | $6,028,000 | $11,572,000 | $12,574,000 | $5,422,000 |
| Soda Ash | — | — | — | — | $21,871,000 | $10,728,000 | $47,089,000 | — |
| Transportation and Processing Services Revenue | — | — | — | — | $14,452,000 | $13,845,000 | $28,879,000 | $23,887,000 |
| Wheelage Revenue | — | — | — | — | $10,065,000 | $14,050,000 | $11,760,000 | $6,484,000 |
Key facts
CIK
1171486
CUSIP
63900P608
13F (30d)
10 filings
10 filers
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