Natural Resource Partners Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	193.84	202.34	245.03	293.66	328.09	194.25
Revenue Growth (YoY)	-15.69%	-17.42%	-16.56%	-10.49%	68.90%	50.57%
Cost of Revenue	23.19	23.85	28.04	32.32	34.9	27.05
Gross Profit	170.65	178.49	216.99	261.34	293.18	167.2
Selling, General & Admin	22.3	24.1	25.15	26.11	21.85	17.36
Depreciation & Amortization Expenses	18.58	14.96	15.54	18.49	22.52	19.08
Other Operating Expenses	-	0.02	0.09	0.56	4.46	5.1
Total Operating Expenses	40.88	39.08	40.77	45.16	48.83	41.54
Operating Income	129.77	139.41	176.22	216.19	244.35	125.66
Interest Income	-9.38	3.06	18.14	73.4	59.8	21.87
Interest Expense	-6.29	-7.98	-15.55	-14.1	-26.27	-38.88
Other Non-Operating Income (Expense)	1.63	1.88	4.85	2.96	-9.38	0.25
Total Non-Operating Income (Expense)	-14.03	-3.04	7.43	62.25	24.14	-16.76
Pretax Income	115.73	136.37	183.64	278.44	268.49	108.9
Net Income	115.73	136.37	154.91	200.79	268.49	108.9
Net Income to Common	115.73	136.37	154.91	200.79	268.49	108.9
Net Income Growth	-30.98%	-11.97%	-22.85%	-25.22%	146.54%	-
Shares Outstanding (Basic)	13	13	13	13	12	12
Shares Outstanding (Diluted)	13	13	14	16	20	22
Shares Change (YoY)	0.27%	-2.46%	-15.21%	-18.10%	-11.45%	81.01%
EPS (Basic)	8.63	10.18	11.69	15.59	18.72	6.14
EPS (Diluted)	8.51	10.04	11.35	13.08	13.39	4.81
EPS Growth	-18.25%	-11.54%	-13.23%	-2.31%	178.38%	-
Shares Outstanding	13.25	13.14	13.05	12.63	12.51	12.35
Free Cash Flow	158.88	165.86	248.49	310.97	266.72	121.8
Free Cash Flow Growth	-4.21%	-33.25%	-20.09%	16.59%	118.98%	39.10%
Free Cash Flow Per Share	11.93	12.46	18.21	19.32	13.57	5.49
Dividends Per Share	2.250	3.000	3.000	3.000	3.000	1.800
Dividend Growth	-25.00%	-	-	-	66.67%	33.33%
Gross Margin	88.04%	88.21%	88.56%	89.00%	89.36%	86.08%
Operating Margin	66.94%	68.90%	71.92%	73.62%	74.48%	64.69%
Profit Margin	59.71%	67.40%	74.95%	94.82%	81.84%	56.06%
FCF Margin	81.96%	81.97%	101.42%	105.90%	81.30%	62.71%
EBITDA	148.46	154.36	191.75	234.67	266.87	144.74
EBITDA Margin	76.59%	76.29%	78.26%	79.91%	81.34%	74.51%
EBIT	129.77	139.41	176.22	216.19	244.35	125.66
EBIT Margin	66.94%	68.90%	71.92%	73.62%	74.48%	64.69%

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q