15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | — | $136M | — | — | $166M | $33M | $30M |
| 2024 | $232M | $184M | 0.0% | 85.7% | $248M | $142M | $30M |
| 2023 | $279M | $278M | 0.0% | 105.0% | $311M | $155M | $12M |
| 2022 | $307M | $268M | 0.0% | 99.4% | $267M | $168M | $39M |
| 2021 | $185M | $109M | 0.0% | 79.8% | $122M | $434M | $136M |
| 2020 | $120M | -$85M | 0.0% | -36.5% | $89M | $471M | $100M |
| 2019 | $210M | -$24M | 0.0% | 24.4% | — | $516M | $98M |
| 2018 | $203M | $140M | 0.0% | 95.0% | $189M | $673M | $102M |
| 2017 | — | $89M | — | — | $127M | $809M | $27M |
| 2016 | — | $97M | — | — | $108M | $1.1B | $40M |
| 2015 | — | -$572M | — | — | $194M | $1.4B | $41M |
| 2014 | — | $109M | — | — | $208M | $1.5B | $49M |
| 2013 | — | $172M | — | — | $247M | $1.2B | $92M |
| 2012 | — | $213M | — | — | $271M | $984M | $149M |
| 2011 | — | $55M | — | — | $305M | $867M | $215M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | — | $20M | — | — | — | $60M | $32M |
| Dec '25 | — | $31M | — | — | — | $33M | $30M |
| Sep '25 | — | $31M | — | — | — | $69M | $31M |
| Jun '25 | — | $34M | — | — | — | $101M | $30M |
| Mar '25 | $51M | $40M | 0.0% | 83.7% | — | $139M | $31M |
| Dec '24 | $62M | $43M | 0.0% | 74.9% | $66M | $142M | $30M |
| Sep '24 | $50M | $39M | 0.0% | 84.9% | $54M | $197M | $31M |
| Jun '24 | $55M | $46M | 0.0% | 92.3% | $57M | $210M | $32M |
| Mar '24 | $66M | $56M | 0.0% | 91.0% | $71M | $189M | $11M |
| Dec '23 | $73M | $65M | 0.0% | 94.5% | $78M | $155M | $12M |
| Sep '23 | $69M | $64M | 0.0% | 98.8% | $79M | $208M | $18M |
| Jun '23 | $61M | $70M | 0.0% | 121.0% | $81M | $182M | $11M |
| Mar '23 | $76M | $79M | 0.0% | 107.7% | $73M | $173M | $18M |
| Dec '22 | $75M | $63M | 0.0% | 94.1% | $69M | $168M | $39M |
| Sep '22 | $81M | $75M | 0.0% | 101.0% | $82M | $239M | $61M |
| Jun '22 | $79M | $67M | 0.0% | 99.5% | $63M | $298M | $59M |
| Mar '22 | $71M | $64M | 0.0% | 103.1% | $52M | $417M | $136M |
| Dec '21 | $71M | $56M | 0.0% | 92.1% | $55M | $434M | $136M |
| Sep '21 | $48M | $29M | 0.0% | 81.8% | — | $454M | $119M |
| Jun '21 | $36M | $15M | 0.0% | 70.0% | — | $453M | $98M |
How the market has priced NRP against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Natural Resource Partners Lp's revenue has grown 2.0% per year. These are computed facts, not advice.
As of FY2025, Natural Resource Partners Lp reported $33M of total debt against $30M of cash; operating income covered interest expense 18×.
In FY2025, gross margin was —, operating margin —, and net margin —.
As of Jun '26, Natural Resource Partners Lp traded at a price-to-earnings ratio of about 9.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.