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North European Oil Royalty Trust(NRT)Earnings, Financials & Key Ratios
NRT•NYSE
$7.27
8.5× P/E·Price updated Jun 27, 2026
AboutNorth European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the Federal Republic of Germany. The company has rights under contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies. It holds royalties for the sale of gas well gas, oil well gas, crude oil, condensate, and sulfur. North European Oil Royalty Trust is based in Keene, New Hampshire.Show more
- Revenue$9M+49.5%
- EBITDA$8M+57.0%
- Net Income$8M+57.0%
- EPS (Diluted)0.86+56.4%
- Gross Margin100%
- EBITDA Margin91.78%+5.0%
- Operating Margin90.93%+5.3%
- Net Margin91.78%+5.0%
- ROE470.09%+3.9%
NRT Price & Volume
North European Oil Royalty Trust (NRT) stock price & volume — 10-year historical chart
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Passive Royalty Model Faces Structural Depletion Risks
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Strong
Financial Position:Healthy
Cash Flow:Mixed
Primary Risk:Operator dependency and depletion
"North European Oil Royalty Trust functions as a pure pass-through vehicle, offering investors direct exposure to German natural gas production without the burden of operational overhead. While the trust maintains exceptional profitability with gross margins frequently reaching 100%, its long-term viability is constrained by a total reliance on third-party operators and the inevitable depletion of the underlying asset base. Investors should remain cautious of the extreme revenue volatility, evidenced by the 1164.5% growth spike in 2024Q4, which underscores the trust's vulnerability to commodity price cycles and production scheduling."
Verdict Logic
while the 7.2% dividend yield is attractive, the trust's total dependence on third-party production and the recent negative FCF margin of -40.5% in 2026Q1 warrant significant caution regarding future distribution sustainability.
NRT Growth Metrics
North European Oil Royalty Trust (NRT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-3.53%
5 Years16.39%
3 Years-21.38%
TTM76.87%
Profit CAGR
10 Years-3.71%
5 Years19.29%
3 Years-22.55%
TTM85.87%
EPS CAGR
10 Years-3.75%
5 Years19.03%
3 Years-22.67%
TTM88.04%
Return on Capital
10 Years4629.17%
5 Years1896.89%
3 Years493.2%
Last Year465.74%
NRT Recent Earnings
North European Oil Royalty Trust (NRT) EPS & revenue vs analyst estimates — last 4 quarters
Q3 2026Latest
Jun 5, 2026Metric
Actual
Est
EPS
$0.22
—
Rev
$2M
—
Q2 2026
Mar 2, 2026Metric
Actual
Est
EPS
$0.21
—
Rev
$2M
—
Q4 2025
Dec 31, 2025Metric
Actual
Est
EPS
$0.32
—
Rev
$3M
—
Q3 2025
Aug 29, 2025Metric
Actual
Est
EPS
$0.26
—
Rev
$3M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q3 2026Latest | Jun 5, 2026 | $0.22 | $2M |
| Q2 2026 | Mar 2, 2026 | $0.21 | $2M |
| Q4 2025 | Dec 31, 2025 | $0.32 | $3M |
| Q3 2025 | Aug 29, 2025 | $0.26 | $3M |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for North European Oil Royalty Trust (NRT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $7.27 | $66.82M | 8.45 | 49.52% | 91.78% | 470.09% | 7.15% | |
| $25.63 | $1.24B | 21.36 | -5.38% | 40.85% | 22.11% | — | |
| $42.57 | $15.28B | -88.69 | 56.56% | -2.88% | -0.46% | — | |
| $395.79 | $27.3B | 56.78 | 13.09% | 60.03% | 35.52% | — | |
| $14.10 | $2.99B | 11.02 | -3.89% | 63.48% | 35.46% | — | |
| $37.13 | $96.92B | 1820.10 | 0.08% | 1.65% | 4.16% | — |
Compare NRT vs Peers
North European Oil Royalty Trust (NRT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NRT SEC Filings & Documents
North European Oil Royalty Trust (NRT) SEC filings — annual & quarterly reports (10-K, 10-Q)
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NRT Frequently Asked Questions
North European Oil Royalty Trust (NRT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is North European Oil Royalty Trust's revenue?
North European Oil Royalty Trust (NRT) reported $10.4M in revenue for fiscal year 2025. This represents a 6% increase from $9.8M in 1996.
How fast is North European Oil Royalty Trust growing?
North European Oil Royalty Trust (NRT) grew revenue by 49.5% over the past year. This is strong growth.
Is NRT profitable?
Yes, North European Oil Royalty Trust (NRT) is profitable, generating $9.6M in net income for fiscal year 2025 (91.8% net margin).
Dividend & Returns
Does NRT pay dividends?
Yes, North European Oil Royalty Trust (NRT) pays a dividend with a yield of 7.15%. This makes it attractive for income-focused investors.
What is NRT's return on equity?
North European Oil Royalty Trust (NRT) has a return on equity (ROE) of 470.1%. This is excellent, indicating efficient use of shareholder capital.
What is North European Oil Royalty Trust's free cash flow?
North European Oil Royalty Trust (NRT) generated $7.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.