Dorchester Minerals, L.P. (DMLP)

Dorchester Minerals Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	66.5	55.25	89.2	110.39	126.12	67.83
Depreciation & Amortization	70.61	66.46	42.77	26.5	19.29	10.69
Other Operating Activities	2.35	2.1	3.25	3.73	4.49	2.35
Change in Accounts Receivable	-15.81	9.06	-1.92	-1.57	-3.49	-10.88
Change in Accounts Payable	-0.68	-0.14	-0.52	1.05	0.93	0.62
Change in Other Net Operating Assets	0.03	-0.25	-0.14	-0.26	-0.29	-0.3
Operating Cash Flow	123	132.49	132.64	139.84	147.05	70.31
Operating Cash Flow Growth	-10.91%	-0.12%	-5.15%	-4.90%	109.16%	78.41%
Sale of Property, Plant & Equipment	-	-	-	-	-	0.26
Cash Acquisitions	-	-	-	-	2.09	2.32
Other Investing Activities	1.95	3.89	14.73	2.28	-	-
Investing Cash Flow	1.95	3.89	14.73	2.28	2.09	2.58
Common Dividends Paid	-133.48	-132.02	-146.52	-131.56	-131.9	-53.91
Other Financing Activities	-4.86	-4.93	-5.36	-4.29	-4.79	-1.9
Financing Cash Flow	-138.34	-136.94	-151.88	-135.86	-136.69	-55.81
Net Cash Flow	-13.39	-0.57	-4.52	6.27	12.45	17.07
Free Cash Flow	123	132.49	132.64	139.84	147.05	70.31
Free Cash Flow Growth	-10.91%	-0.12%	-5.15%	-4.90%	109.16%	78.41%
Free Cash Flow Margin	75.60%	90.13%	85.77%	88.50%	89.55%	78.33%
Free Cash Flow Per Share	2.57	2.78	3.17	3.61	3.91	2.01
Levered Free Cash Flow	93.57	110.18	97.69	97.92	98.18	44.11
Unlevered Free Cash Flow	93.57	110.18	97.69	97.92	98.18	44.11
Change in Working Capital	-16.45	8.67	-2.58	-0.78	-2.85	-10.56

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q