Dorchester Minerals, L.P. (DMLP)

Dorchester Minerals Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	141.94	152.75	155.76	163.55	88.74	44.24
Other Revenue	1.87	1.89	2.26	0.67	1.01	0.88
Revenue	143.8	154.64	158.02	164.22	89.76	45.12
Revenue Growth (YoY)	-13.61%	-2.14%	-3.77%	82.96%	98.95%	-40.45%
Cost of Revenue	8.69	7.67	6.44	6.31	3.93	3.88
Gross Profit	135.11	146.97	151.59	157.91	85.83	41.24
Selling, General & Admin	13.29	11.93	11.16	8.22	5.19	7.46
Operating Expenses	79.71	54.52	37.47	27.3	15.65	19.37
Operating Income	55.4	92.45	114.12	130.61	70.17	21.87
EBT Excluding Unusual Items	55.4	92.45	114.12	130.61	70.17	21.87
Pretax Income	55.4	92.45	114.12	130.61	70.17	21.87
Earnings From Continuing Operations	55.4	92.45	114.12	130.61	70.17	21.87
Minority Interest in Earnings	-2.03	-3.25	-3.73	-4.49	-2.35	-0.71
Net Income	53.38	89.2	110.39	126.12	67.83	21.16
Net Income to Common	53.38	89.2	110.39	126.12	67.83	21.16
Net Income Growth	-51.91%	-19.20%	-12.47%	85.95%	220.51%	-58.53%
Shares Outstanding (Basic)	47	42	39	38	35	35
Shares Outstanding (Diluted)	47	42	39	38	35	35
Shares Change (YoY)	18.99%	7.81%	3.08%	7.34%	1.07%	1.62%
EPS (Basic)	1.13	2.13	2.85	3.35	1.94	0.61
EPS (Diluted)	1.13	2.13	2.85	3.35	1.94	0.61
EPS Growth	-59.59%	-25.05%	-15.09%	73.24%	217.11%	-59.19%
Free Cash Flow	129.7	132.64	139.84	147.05	70.31	39.41
Free Cash Flow Per Share	2.73	3.17	3.61	3.91	2.01	1.14
Dividend Per Share	2.775	3.219	3.519	3.742	1.931	1.272
Dividend Growth	-20.42%	-8.54%	-5.95%	93.81%	51.79%	-31.52%
Gross Margin	93.96%	95.04%	95.93%	96.16%	95.62%	91.40%
Operating Margin	38.53%	59.78%	72.21%	79.53%	78.18%	48.47%
Profit Margin	37.12%	57.68%	69.86%	76.80%	75.57%	46.91%
Free Cash Flow Margin	90.19%	85.77%	88.50%	89.55%	78.33%	87.35%
EBITDA	121.82	135.04	140.42	149.69	80.64	33.78
EBITDA Margin	84.71%	87.32%	88.86%	91.15%	89.84%	74.87%
D&A For EBITDA	66.42	42.59	26.31	19.08	10.46	11.91
EBIT	55.4	92.45	114.12	130.61	70.17	21.87
EBIT Margin	38.53%	59.78%	72.21%	79.53%	78.18%	48.47%
Revenue as Reported	150.69	161.52	163.8	170.8	93.42	46.93

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q