Natural Resource Partners Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Net Income	136.37	183.64	278.44	268.49	108.9
Depreciation & Amortization	14.96	15.54	18.49	22.52	19.08
Stock-Based Compensation	11.12	11.31	10.91	5.77	4.04
Other Adjustments	0.33	18.56	9.23	2.35	-0.91
Change in Receivables	2.31	7.29	-0.16	-18.67	-14.42
Changes in Accounts Payable	0.25	0.03	-1.11	0.04	0.57
Changes in Accrued Expenses	-3.85	-2.37	-0.63	0.71	2.52
Changes in Unearned Revenue	4.58	17.2	-3.48	-15.42	0.31
Changes in Other Operating Activities	-0.19	-2.7	-0.7	1.05	1.71
Operating Cash Flow	165.86	248.49	310.98	266.84	121.8
Operating Cash Flow Growth	-33.25%	-20.09%	16.54%	119.07%	39.10%
Capital Expenditures	-	-	-0.01	-0.12	-
Sale of Property, Plant & Equipment	1.88	4.85	2.96	1.08	0.25
Other Investing Activities	2.89	2.67	2.46	1.72	2.16
Investing Cash Flow	4.77	7.51	5.42	2.69	2.41
Long-Term Debt Issued	46.7	167.85	248.83	70	-
Long-Term Debt Repaid	-155.83	-181.03	-262.4	-339.4	-39.4
Net Long-Term Debt Issued (Repaid)	-109.13	-13.18	-13.56	-269.4	-39.4
Repurchase of Preferred Stock	-	-71.67	-178.33	-19.32	-
Net Preferred Stock Issued (Repurchased)	-	-71.67	-178.33	-19.32	-
Common Dividends Paid	-56.44	-72.15	-69.91	-34.38	-22.65
Preferred Share Dividends Paid	-	-6.4	-22.07	-30.26	-15.57
Other Financing Activities	-5.36	-74.16	-59.62	-12.6	-10.87
Financing Cash Flow	-170.93	-237.55	-343.5	-365.96	-88.49
Net Cash Flow	-0.3	18.46	-27.1	-96.43	35.73
Free Cash Flow	165.86	248.49	310.97	266.72	121.8
Free Cash Flow Growth	-33.25%	-20.09%	16.59%	118.98%	39.10%
FCF Margin	81.97%	101.41%	105.90%	81.30%	62.71%
Free Cash Flow Per Share	12.46	18.21	19.32	13.57	5.49
Levered Free Cash Flow	42.98	169.42	199.78	7.87	93.69
Unlevered Free Cash Flow	155.15	203.91	228.74	253.13	149.85

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q