Natural Resource Partners (NRP) Asset Utilization Ratio (2010 - 2026)
Natural Resource Partners' Asset Utilization Ratio was 0.26 in Q2 2026, down 18.0% from 0.32 a year earlier but up 0.9% from the prior quarter.
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Analysis
Natural Resource Partners (NRP) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Natural Resource Partners came in at 0.27, down 20.1% from FY2024.
- In earlier years, Asset Utilization Ratio was 0.34 in FY2024 (-22.8%), 0.44 in FY2023 (+4.0%), 0.42 in FY2022 (+84.2%) and 0.23 in FY2021 (+65.1%).
- Quarterly Asset Utilization Ratio has moved between 0.19 (Q3 2021) and 0.47 (Q2 2023) over five years.
- Compared with a year earlier, Asset Utilization Ratio has declined for ten straight quarters, with an average decline of 21.2% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q3 2022 (growth of 130.0%); the worst was Q1 2025 (a decline of 25.0%).
- Per Business Quant data, NRP's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.26 (Q1 2026), 0.28 (Q4 2025) and 0.30 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 743.20 Bn | 699.68 Bn | - | 0.79 |
| 2 | Chevron | 447.03 Bn | 419.15 Bn | 33.45 Bn | 0.65 |
| 3 | Shell | 310.50 Bn | 240.25 Bn | 30.13 Bn | 0.44 |
| 4 | TotalEnergies SE | 198.52 Bn | 79.10 Bn | 61.77 Bn | 0.37 |
| 5 | Conocophillips | 177.09 Bn | 149.80 Bn | 12.81 Bn | 0.53 |
| 6 | Equinor Asa | 119.58 Bn | 34.03 Bn | - | 83.27 |
| 7 | Phillips 66 | 116.56 Bn | 104.35 Bn | 8.38 Bn | 1.89 |
| 8 | Canadian Natural Resources | 113.43 Bn | 110.44 Bn | 8.84 Bn | - |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - | -0.04 |
| 10 | Natural Resource Partners | 1.52 Bn | 1.40 Bn | 47.24 Mn | 0.26 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.26 |
| Mar 31, 2026 | 0.26 |
| Dec 31, 2025 | 0.28 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.32 |
| Mar 31, 2025 | 0.33 |
| Dec 31, 2024 | 0.35 |
| Sep 30, 2024 | 0.38 |
| Jun 30, 2024 | 0.41 |
| Mar 31, 2024 | 0.44 |
| Dec 31, 2023 | 0.46 |
| Sep 30, 2023 | 0.46 |
| Jun 30, 2023 | 0.47 |
| Mar 31, 2023 | 0.47 |
| Dec 31, 2022 | 0.44 |
| Sep 30, 2022 | 0.43 |
| Jun 30, 2022 | 0.36 |
| Mar 31, 2022 | 0.28 |
| Dec 31, 2021 | 0.23 |
| Sep 30, 2021 | 0.19 |
API Access
Natural Resource Partners Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();