NRP's royalty-based business model delivers exceptional cash conversion and margin resilience, with gross margins averaging 88% and FCF margins of 153.7% in 2026Q2, despite an eight-quarter revenue slide. The balance sheet has been transformed, with debt-to-eq...
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Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
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Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 5, 2026 | $1.85+516.7% vs $0.30 | $48M+27.6% vs $38M |
Q2 2026 May 6, 2026 | $1.44+476.0% vs $0.25 | $47M+24.8% vs $38M |
Q1 2026 Feb 27, 2026 | $2.27+41.9% vs $1.60 | $48M-11.8% vs $55M |
Q4 2025 Nov 4, 2025 | $2.28 vs — | $50M vs — |
The NRP stock gains 6.2% after reporting Q2 results, as rising coal volumes and lower debt partly offset weaker soda ash performance and lower earnings.
Natural Resource Partners NYSE: NRP reported second-quarter 2026 net income of $25 million, operating cash flow of $41 million and free cash flow of $42 million, as its mineral rights business continued to provide cash generation despite challenges in coal and soda ash markets.
Natural Resource Partners L.P. Common Units (NRP) Q2 2026 Earnings Call Transcript
HOUSTON, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Natural Resource Partners L.P. (NYSE:NRP) today reported second quarter 2026 results as follows: For the Three MonthsEnded Last Twelve MonthsEnded (In thousands) (Unaudited) June 30, 2026 Net income $ 25,176 $ 106,698 Operating cash flow 40,950 159,824 Free cash flow before investment in soda ash business $ 41,723 $ 162,826 Investment in soda ash business — (39,200 ) Free cash flow (1) $ 41,723 $ 123,626 _______________________________(1) See "Non-GAAP Financial Measures" and reconciliation tables at the end of this release.
Benchmark NRP against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Natural Resource Partners L.P. (NRP)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $107.58 | $1.43B | 10.72 | -17.42% | 66.05% | 22.58% | 3.95% | |
| $25.55 | $3.29B | 10.56 | -10.37% | 12.25% | 14.68% | — | |
| $90.24 | $4.76B | 83.56 | -14.12% | 13.05% | 10.02% | — | |
| $180.40 | $2.29B | -37.98 | -27.99% | -2.23% | -2.99% | — | |
| $185.65 | $52.23B | 32.40 | 36.31% | 9.27% | 3.62% | — | |
| $14.56 | $3.09B | 11.38 | -3.89% | 58.63% | 25.56% | — |
Natural Resource Partners L.P. (NRP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Natural Resource Partners L.P. (NRP) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 5, 2026·SEC
May 6, 2026·SEC
Feb 27, 2026·SEC
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Natural Resource Partners L.P. (NRP) stock FAQ — growth, dividends, profitability & financials explained
Natural Resource Partners L.P. (NRP) reported $193.6M in revenue for fiscal year 2025. This represents a 646% increase from $26.0M in 2001.
Natural Resource Partners L.P. (NRP) saw revenue decline by 17.4% over the past year.
Yes, Natural Resource Partners L.P. (NRP) is profitable, generating $104.6M in net income for fiscal year 2025 (66.0% net margin).
Yes, Natural Resource Partners L.P. (NRP) pays a dividend with a yield of 3.95%. This makes it attractive for income-focused investors.
Natural Resource Partners L.P. (NRP) has a return on equity (ROE) of 22.6%. This is excellent, indicating efficient use of shareholder capital.
Natural Resource Partners L.P. (NRP) generated $192.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
