NATURAL RESOURCE PARTNERS LP
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | — | $232.4M | $278.7M | $307.0M | $216.1M |
| Operating expenses | — | — | — | — | $68.6M |
| Operating income | $144.4M | $199.2M | $292.5M | $305.2M | $147.8M |
| Interest expense | $8.0M | $15.6M | $14.1M | $26.3M | $38.9M |
| Net income | $136.4M | $183.6M | $278.4M | $268.5M | $108.9M |
| Balance Sheet | |||||
| Cash and equivalents | $30.1M | $30.4M | $12.0M | $39.1M | $135.5M |
| Current assets | $60.9M | $63.9M | $55.3M | $83.6M | $162.8M |
| Total assets | $748.4M | $772.9M | $797.9M | $877.1M | $953.8M |
| Current liabilities | $33.0M | $31.9M | $49.8M | $60.2M | $64.4M |
| Total liabilities | $115.8M | $221.8M | $219.6M | $235.1M | $513.9M |
| Total debt | $33.2M | $142.3M | $155.5M | $169.1M | $438.5M |
| Cash Flow Statement | |||||
| Cash from operations | $165.9M | $248.5M | $311.0M | $266.8M | $121.8M |
| Depreciation and amortization | $15.0M | $15.5M | $18.5M | $22.5M | $19.1M |
| Stock-based compensation | $11.1M | $11.3M | $10.9M | $5.8M | $4.0M |
| Capital expenditure | $0 | $0 | $10,000 | $118,000 | $0 |
| Free cash flow | $165.9M | $248.5M | $311.0M | $266.7M | $121.8M |
| Impairments | $20,000 | $87,000 | $556,000 | $4.5M | $5.1M |
Shares outstanding 13.3M · Free float 70.4%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.