Sabine Royalty Trust (SBR)

Sabine Royalty Trust Income 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
Revenue	77.06	82.57	93.01	125.75	60.9
Revenue Growth (YoY)	-6.67%	-11.23%	-26.03%	106.47%	67.63%
Gross Profit	77.06	82.57	93.01	125.75	60.9
Selling, General & Admin	-4.09	-3.53	-3.56	-3.29	-3.05
Total Operating Expenses	-4.09	-3.53	-3.56	-3.29	-3.05
Operating Income	81.15	86.1	96.58	129.04	63.96
Interest Income	0.47	0.6	0.8	0.23	0.01
Total Non-Operating Income (Expense)	0.47	0.6	0.8	0.23	0.01
Pretax Income	81.62	86.7	97.38	129.27	63.96
Net Income	73.44	79.64	90.25	122.69	57.86
Net Income to Common	73.44	79.64	90.25	122.69	57.86
Net Income Growth	-7.78%	-11.75%	-26.44%	112.07%	73.71%
Shares Outstanding (Basic)	15	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15	15
EPS (Basic)	5.04	5.46	6.19	8.42	3.97
EPS (Diluted)	5.04	5.46	6.19	8.42	3.97
EPS Growth	-7.69%	-11.79%	-26.48%	112.09%	74.12%
Dividends Per Share	5.040	5.460	6.190	8.420	3.220
Dividend Growth	-7.69%	-11.79%	-26.48%	161.49%	34.17%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	105.31%	104.27%	103.83%	102.61%	105.01%
Profit Margin	105.92%	105.00%	104.70%	102.80%	105.02%
EBITDA	81.15	86.1	96.58	129.04	63.96
EBIT	81.15	86.1	96.58	129.04	63.96
EBIT Margin	105.31%	104.27%	103.83%	102.61%	105.01%

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

SEC Filings: 10-K · 10-Q