NATURAL RESOURCE PARTNERS LP
Company Stats
- Market Cap
- $1.4B
- as of Sep 30, 2026
- Enterprise Value
- $1.4B
- Shares Outstanding
- 13.3M
- Free Float
- 70.4%
Income Statement
- Operating Income
- $144.4M
- Net Income
- $136.4M
- EBITDA
- $159.3M
- Non-cash Impairment
- $20,000
Cash Flow
- Free Cash Flow
- $165.9M
- FCF Yield
- 11.5%
- Owner FCF Yield
- 10.7%
Balance Sheet
- Cash & Equivalents
- $30.1M
- Total Debt
- $33.2M
- Net Debt
- $3.1M
- Net Debt / EBITDA
- 0.02x
- EV / EBITDA
- 9.06x
- Net Debt / EBIT
- 0.02x
Returns & Capital
- SBC, 3Y Avg
- $11.1M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | — | $165.9M | — |
| FY2024 | $232.4M | $248.5M | 106.9% |
| FY2023 | $278.7M | $311.0M | 111.6% |
| FY2022 | $307.0M | $266.7M | 86.9% |
| FY2021 | $216.1M | $121.8M | 56.4% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 10, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges