Dorchester Minerals, L.P. (DMLP)

Dorchester Minerals Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	55.25	89.2	110.39	126.12	67.83
Depreciation & Amortization	66.46	42.77	26.5	19.29	10.69
Other Operating Activities	2.1	3.25	3.73	4.49	2.35
Change in Accounts Receivable	9.06	-1.78	-1.55	-3.49	-10.88
Change in Accounts Payable	-0.14	-0.52	1.05	0.93	0.62
Change in Other Net Operating Assets	-0.25	-0.27	-0.28	-0.29	-0.3
Operating Cash Flow	132.49	132.64	139.84	147.05	70.31
Operating Cash Flow Growth	-0.12%	-5.15%	-4.90%	109.16%	78.41%
Sale of Property, Plant & Equipment	-	-	-	-	0.26
Cash Acquisitions	3.89	14.73	2.28	2.09	2.32
Investing Cash Flow	3.89	14.73	2.28	2.09	2.58
Common Dividends Paid	-136.94	-146.52	-131.56	-131.9	-53.91
Other Financing Activities	-	-5.36	-4.29	-4.79	-1.9
Financing Cash Flow	-136.94	-151.88	-135.86	-136.69	-55.81
Net Cash Flow	-0.57	-4.52	6.27	12.45	17.07
Free Cash Flow	132.49	132.64	139.84	147.05	70.31
Free Cash Flow Growth	-0.12%	-5.15%	-4.90%	109.16%	78.41%
Free Cash Flow Margin	86.69%	85.77%	88.50%	89.55%	78.33%
Free Cash Flow Per Share	2.78	3.17	3.61	3.91	2.01
Levered Free Cash Flow	110.18	97.69	97.92	98.18	44.11
Unlevered Free Cash Flow	110.18	97.69	97.92	98.18	44.11
Change in Working Capital	8.67	-2.58	-0.78	-2.85	-10.56

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q