NRP

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Natural Resource Partners LP Limited Partnership

Cyclical demand Sells to businesses Commodity producerTags from an AI model reading the company description.

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Key Metrics

Previous Close: $106.42
52-Week Range: $95.51 – $128.60
Market Cap: $1.45B
P/E (TTM): 13.97
EPS (TTM): 7.84
Dividend Yield: 2.74%

Advanced Metrics

Price/Book: 2.27
PEG Ratio: 8.29
Return on Equity: 17.20%
Return on Assets: 10.49%
Gross Margin: 87.62%
Operating Margin: 58.69%
Profit Margin: 52.29%
Current Ratio: 2.12
Debt/Equity: 0.05
Total Debt: $30.75M
Free Cash Flow: $118.20M
Revenue Growth: 13.10%
Earnings Growth: -26.60%
Enterprise Value: $1.46B

NRP Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$328.08M	$293.66M	$245.03M	$202.34M
Cost of Revenue	$22.52M	$18.49M	—	—
Gross Profit	$305.57M	$275.17M	—	—
Selling, General & Admin	$21.85M	$26.11M	$25.15M	$24.10M
Operating Expenses	$79.27M	$76.92M	$68.72M	$62.91M
Operating Income	$248.81M	$216.74M	$176.31M	$139.43M
EBITDA	$317.29M	$311.03M	$214.73M	$159.31M
Pretax Income	$268.49M	$278.44M	$183.64M	$136.37M
Net Income	$268.49M	$278.44M	$183.64M	$136.37M
Diluted EPS	13.39	13.08	11.35	10.04
Diluted Shares	12.49M	16.10M	13.38M	13.31M

NRP Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$39.09M	$11.99M	$30.44M	$30.14M
Receivables	$42.70M	$41.09M	$31.47M	$28.67M
Current Assets	$83.61M	$55.29M	$63.87M	$60.91M
Total Assets	$877.13M	$797.88M	$772.91M	$748.37M
Current Liabilities	$60.23M	$49.84M	$31.86M	$32.99M
Long-Term Debt	$129.21M	$124.27M	$127.88M	$18.88M
Total Debt	$168.28M	$155.06M	$142.07M	$33.08M
Total Liabilities	$235.09M	$219.64M	$221.80M	$115.85M
Shareholders' Equity	$0.00	$0.00	$0.00	$0.00
Working Capital	$23.39M	$5.45M	$32.01M	$27.93M
Net Debt	$129.19M	$143.07M	$111.62M	$2.94M

NRP Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$266.84M	$310.98M	$248.49M	$165.86M
Capital Expenditure	-$118.00K	-$10.00K	—	—
Free Cash Flow	$266.72M	$310.97M	$248.49M	$165.86M
Stock-Based Compensation	$5.77M	$10.91M	$11.31M	$11.12M
Investing Cash Flow	$2.69M	$5.42M	$7.51M	$4.77M
Financing Cash Flow	-$365.95M	-$343.50M	-$237.55M	-$170.93M
Dividends Paid	-$64.64M	-$91.98M	-$78.54M	-$56.44M
Share Repurchases	-$19.32M	-$178.33M	-$71.67M	$0.00
Net Change in Cash	-$96.43M	-$27.10M	$18.45M	-$303.00K

NRP Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$55.68M	$46.85M	$51.41M	$48.40M	$47.18M	$52.97M
Selling, General & Admin	$6.83M	$5.60M	$5.72M	$5.95M	$5.03M	$5.02M
Operating Expenses	$17.60M	$13.51M	$17.25M	$14.56M	$18.76M	$21.88M
Operating Income	$38.08M	$33.34M	$34.17M	$33.84M	$28.42M	$31.09M
EBITDA	$46.91M	$40.34M	$36.55M	$35.50M	$28.21M	$37.36M
Pretax Income	$40.25M	$34.21M	$30.91M	$31.00M	$19.62M	$25.18M
Net Income	$40.25M	$34.21M	$30.91M	$31.00M	$19.62M	$25.18M
Diluted EPS	2.97	2.52	2.28	2.27	1.44	1.85
Diluted Shares	13.28M	13.30M	13.28M	13.38M	13.35M	13.34M

NRP Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$30.88M	$30.34M	$31.02M	$30.14M	$31.50M	$30.13M
Receivables	$31.39M	$29.05M	$30.44M	$28.67M	$26.79M	$30.64M
Current Assets	$64.40M	$60.72M	$61.92M	$60.91M	$59.72M	$61.71M
Total Assets	$772.47M	$761.97M	$753.55M	$748.37M	$771.66M	$757.53M
Current Liabilities	$26.27M	$27.64M	$28.94M	$32.99M	$28.59M	$29.16M
Long-Term Debt	$124.59M	$87.11M	$55.13M	$18.88M	$46.08M	$13.08M
Total Debt	$138.80M	$101.34M	$69.38M	$33.08M	$60.32M	$27.36M
Total Liabilities	$208.12M	$171.52M	$142.30M	$115.85M	$139.13M	$107.48M
Shareholders' Equity	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Working Capital	$38.13M	$33.08M	$32.97M	$27.93M	$31.13M	$32.55M
Net Debt	$107.93M	$71.00M	$38.36M	$2.94M	$28.81M	—

NRP Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$34.42M	$45.58M	$41.09M	$44.77M	$33.01M	$40.95M
Free Cash Flow	$34.42M	$45.58M	$41.09M	$44.77M	$33.01M	$40.95M
Stock-Based Compensation	$2.72M	$2.66M	$2.72M	$3.02M	$1.16M	$1.67M
Investing Cash Flow	$947.00K	$1.44M	$1.63M	$743.00K	-$38.44M	$819.00K
Financing Cash Flow	-$34.94M	-$47.55M	-$42.05M	-$46.39M	$6.79M	-$43.14M
Dividends Paid	-$26.28M	-$10.05M	-$10.05M	-$10.05M	-$11.76M	-$10.14M
Share Repurchases	—	—	$0.00	$0.00	—	—
Net Change in Cash	$432.00K	-$532.00K	$675.00K	-$878.00K	$1.36M	-$1.37M

Market Snapshot

About

Natural Resource Partners LP owns and manages a portfolio of mineral properties generating royalty income from coal and other natural resources. The company leases land to operators for coal mining, aggregates production, and oil and gas extraction across multiple U.S. states. NRP provides passive exposure to commodity production without the operational risks of mining or drilling.