Natural Resource Partners L.P.

Natural Resource Partners L.P.

NRPยทNYSE

$105.99

-2.9%
EnergyCoal

Natural Resource Partners L.P., through its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States. It operates through two segments, Mineral Rights and Soda Ash. The company owns interests in coal, soda ash, trona, and other natural resources. Its coal reserves are primarily located in Appalachia, the Illinois Basin, and the Northern Powder River Basin in the United States; industrial minerals and aggregates properties are located in the United States; oil and gas properties located in Louisiana; timber assets located in West Virginia; and trona ore mining operation and soda ash refinery are located in the Green River Basin, Wyoming. The company leases a portion of its reserves in exchange for royalty payments; and owns and leases transportation and processing infrastructure related to coal properties. NRP (GP) LP serves as the general partner of the company. Natural Resource Partners L.P. was incorporated in 2002 and is headquartered in Houston, Texas.

At a Glance

Live Snapshot
Market Cap$1.40B
EPS10.1800
P/E Ratio10.41
Earnings Date08/05/2026
3Y-38.0%
5Y+57.0%
10Y-39.0%
3Y-50.0%
5Y-258.0%
10Y+38.0%
3Y-38.0%
5Y+86.0%
10Y+54.0%
Natural Resource Partners L.P.

Natural Resource Partners L.P. Profit Bridge

NRP ยท NYSE
Revenue202.34M
Cost of Goods Sold (38.06M)
Gross Profit164.28M
Operating Expenses (24.85M)
Operating Income139.43M
Interest Expense (7.98M)
Other Income/Expense-3.06M
Pretax Income136.37M
Income Tax (0.00)
Net Income133.64M
Net Income
133.64M

Profitability Analysis

Gross Margin

81.2%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

68.9%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

66.0%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

0.0%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Natural Resource Partners L.P. Income Statement

NRP โ€ข NYSE

Natural Resource Partners L.P. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
202.3M
245M
293.7M
328.1M
194.2M
129M
210.3M
202.8M
333.7M
330.9M
438.9M
358.3M
323.9M
379.1M
377.7M
301.4M
256.1M
291.7M
215M
170.7M
GROSS PROFIT
(38.1M)
(0.0)
(32.3M)
(22.5M)
(19.1M)
(9.2M)
(14.9M)
(21.7M)
(36M)
(46.3M)
(100.8M)
(126.9M)
(67.1M)
(62M)
(3.1M)
(1.5M)
(2.4M)
(65.8M)
(1.3M)
(1.6M)
164.3M
245M
261.3M
305.6M
175.2M
119.8M
195.4M
181.1M
297.7M
284.6M
338.1M
231.4M
256.8M
317.1M
374.6M
299.9M
253.7M
225.9M
213.6M
169.1M
OPERATING INCOME
(24.9M)
(45.8M)
-31.2M
(335K)
(27.4M)
(163.7M)
(144.1M)
(46M)
(155M)
(151.1M)
(184.3M)
(57.7M)
(54M)
(47.4M)
(109.2M)
(103.8M)
(99.7M)
(28.9M)
(85.4M)
(53.3M)
(24.1M)
(25.2M)
(26.1M)
(21.9M)
(17.4M)
(14.3M)
(16.7M)
(16.5M)
(18.5M)
(20.6M)
(12.3M)
(10.5M)
(14.7M)
(29.7M)
(29.6M)
(31.8M)
(24.7M)
(15.3M)
(20.3M)
(15.5M)
139.4M
199.2M
292.5M
305.2M
147.8M
-43.9M
51.3M
192.5M
184M
185.7M
-477.9M
188.9M
236.2M
267.2M
104.1M
196.1M
154M
197M
128.3M
115.8M
PRE-TAX INCOME
(8M)
(15.6M)
(14.1M)
(26.3M)
(38.9M)
(41M)
(47.5M)
(70.2M)
(82.9M)
(90.6M)
(89.8M)
(80.2M)
(64.4M)
(54M)
(49.2M)
(41.6M)
(40.1M)
(28.4M)
(28.7M)
(16.4M)
-8M
-15.6M
-14.1M
-26.3M
-38.9M
-41M
-47.5M
-70.2M
-82M
-90.5M
-89.7M
-79.4M
-64.2M
-53.8M
-49.1M
-41.6M
-39.9M
-27M
-25.8M
-13.7M
(751K)
(20.7M)
-57.3M
-21.5M
(10M)
(149.4M)
(127.4M)
(29.5M)
(136.5M)
(130.5M)
(172M)
(19.7M)
(14.8M)
(15.7M)
(79.6M)
(72.1M)
(13.4M)
(13.6M)
(65M)
(37.8M)
-3.1M
-15.6M
-14.1M
-36.7M
-38.9M
-41M
-76.7M
-70.2M
-94.1M
-90.5M
-89.7M
-79.4M
-64.2M
-53.8M
-49.1M
-196.1M
-39.9M
-27M
-25.8M
-13.7M
136.4M
183.6M
278.4M
268.5M
108.9M
-84.8M
-25.4M
122.4M
89.2M
95.2M
-571.7M
108.8M
172.1M
213.4M
55M
1.5K
114.1M
170M
0.0
0.0
NET INCOME
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(101.3M)
(123.9M)
(129M)
(143.7M)
(0.0)
(0.0)
(0.0)
(0.0)
-154.5M
(0.0)
(1.4M)
(25.8M)
(13.7M)
133.6M
183.6M
274.4M
268.5M
108.9M
-84.8M
-24.5M
139.5M
88.7M
96.9M
-571.7M
108.8M
172.1M
213.4M
53M
154.5M
114.1M
170M
102.5M
102.1M

SEC Filings

NRP - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 06, 2026
May 06, 2026
2026
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 27, 2026
February 27, 2026
2026
8-K

8-K 2025

N/A

November 04, 2025
November 04, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 04, 2025
September 30, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 06, 2025
June 30, 2025
2025
8-K

8-K 2025

N/A

August 06, 2025
August 06, 2025
2025
10-Q

10-Q 2025 Q1

Q1

May 06, 2025
March 31, 2025
2025
8-K

8-K 2025

N/A

May 06, 2025
May 06, 2025
2025
Showing 1 to 10 of 383 filings