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DMLP logoDorchester Minerals, L.P. (DMLP) Earnings History

Annual and quarterly earnings data from 2001 to 2025

TTM Net Income
$69M
Profitable
TTM EPS
$1.43
Diluted
YoY EPS Growth
-43.7%
Declining
Net Margin
37.5%
Profitability
Operating Margin37.5%
Gross Margin46.2%
ROE17.2%
ROA17.0%
Highest Annual Net Income$131M (2022)
Highest Quarterly EPS$0.96 (Q2 2022)
Consecutive Profitable Years22 years
Q1 2026
Net Income$29M
EPS$0.60
QoQ Growth+71.0%Excellent

Loading earnings history...

DMLP EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-43.7%
Declining
3-Year
-29.0%
Declining
5-Year
+14.5%
Strong
10-Year
+11.1%
Strong

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

DMLP Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202546.2%37.5%37.5%
202464.6%57.2%57.2%
202376.5%69.7%67.4%
202281.3%76.5%76.5%
202180.7%75.1%75.1%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Dorchester Minerals, L.P. (DMLP) Earnings Overview

As of May 8, 2026, Dorchester Minerals, L.P. (DMLP) reported trailing twelve-month net income of $69M, reflecting -43.7% year-over-year growth. The company earned $1.43 per diluted share over the past four quarters, with a net profit margin of 37.5%.

Looking at the long-term picture, DMLP's 5-year EPS compound annual growth rate (CAGR) stands at +14.5%, showing solid earnings momentum. The company achieved its highest annual net income of $131M in fiscal 2022.

Dorchester Minerals, L.P. maintains industry-leading profitability with a gross margin of 46.2%, operating margin of 37.5%, and net margin of 37.5%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including BSM ($297M net income, 71.0% margin), VNOM (-$46M net income, -5.1% margin), TPL ($504M net income, 60.3% margin), DMLP has room to improve margins relative to the peer group. Compare DMLP vs BSM →

DMLP Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
DMLP logoDMLPCurrent
$69M$1.4337.5%17.2%-43.7%—
BSM logoBSM
$297M$1.4071.0%26.6%+11.3%
VNOM logoVNOM
-$46M$-0.25-5.1%-1.0%-112.6%
TPL logoTPL
$504M$7.3060.3%37.2%+6.0%
NRP logoNRP
$95M-66.0%22.6%-11.5%
TPVG logoTPVG
-$12M$-0.1050.6%14.1%+48.8%
Best in group
Lowest in group

DMLP Historical Earnings Data (2001–2025)

25 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$57M-38.0%$57M$1.2037.5%37.5%
2024$92M-16.3%$92M$2.1357.2%57.2%
2023$110M-15.5%$114M$2.8567.4%69.7%
2022$131M+86.1%$131M$3.3576.5%76.5%
2021$70M+220.9%$70M$1.9475.1%75.1%
2020$22M-58.6%$22M$0.6146.6%46.6%
2019$53M-2.1%$53M$1.5067.0%67.0%
2018$54M+40.3%$54M$1.6773.6%73.6%
2017$38M+83.3%$38M$1.1867.1%67.1%
2016$21M+58.2%$21M$0.6655.8%55.8%

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DMLP — Frequently Asked Questions

Quick answers to the most common questions about buying DMLP stock.

Is DMLP growing earnings?

DMLP EPS fell to $1.43, with earnings declining -43.7%. This contrasts with the 5-year CAGR of +14.5%. TTM net income dropped to $69M.

What are DMLP's profit margins?

Dorchester Minerals, L.P. net margin is +37.5%, with operating margin at +37.5%. Above-average margins indicate pricing power.

How consistent are DMLP's earnings?

DMLP earnings data spans 2001-2025. The declining earnings trend is -43.7% YoY. Historical data enables comparison across business cycles.

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DMLP Earnings Over Time (2014–2025)

Net income and EPS trends