Natural Resource Partners (NRP) EBITDA Margin (2009 - 2026)
Natural Resource Partners (NRP) posted EBITDA Margin of 49.51% for Q2 2026, up 13.45% on a QoQ basis from 43.64% in Q1 2026, and down 2352.0% year-over-year from 2.2% in Q2 2025.
Analysis
Natural Resource Partners (NRP) EBITDA Margin (2009 - 2026) Analysis & Trends
Natural Resource Partners has reported EBITDA Margin for 18 years, with the latest figure at 49.51% in Q2 2026.
- On a quarterly basis, EBITDA Margin fell 2352.0% year-over-year to 49.51% in Q2 2026; TTM through Jun 2026 was 56.31%, a 1492.0% decrease from a year earlier, with the FY2025 full-year figure at 69.64%, down 469.0% from the prior year.
- EBITDA Margin was 49.51% for Q2 2026 at Natural Resource Partners, up from 43.64% in the prior quarter.
- The five-year high for EBITDA Margin was 82.77% in Q1 2023, with the low at 43.64% in Q1 2026.
- Average EBITDA Margin over 5 years is 72.0%, with a median of 73.5% recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: EBITDA Margin jumped 3228 bps in 2022, then tumbled 2726 bps in 2026.
- Over 5 years, EBITDA Margin stood at 72.94% in 2022, then gained by 1 bps to 73.96% in 2023, then retreated by 5 bps to 70.44% in 2024, then decreased by 2 bps to 68.84% in 2025, then decreased by 28 bps to 49.51% in 2026.
- The last three EBITDA Margin figures came in at 49.51% (Q2 2026), 43.64% (Q1 2026), and 68.84% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Viper Energy | 8.69 Bn | 8.61 Bn | - | 63.22% |
| 2 | Black Stone Minerals | 3.17 Bn | 3.16 Bn | - | 73.89% |
| 3 | Natural Resource Partners | 1.47 Bn | 1.44 Bn | 47.24 Mn | 49.51% |
| 4 | Kimbell Royalty Partners | 1.45 Bn | 1.41 Bn | - | 53.06% |
| 5 | Dorchester Minerals | 1.43 Bn | 1.36 Bn | - | - |
| 6 | Evolution Petroleum | 131.25 Mn | 126.21 Mn | 7.21 Mn | -2.77% |
| 7 | Altex Industries | 1.90 Mn | 1.90 Mn | - | - |
| 8 | Mentor Capital | 827,678.86 | 91,860.86 | 65,595.00 | -201.00% |
| 9 | Leopard Energy | 165,479.20 | 149,827.20 | 1,715.00 | -142.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.51% |
| Mar 31, 2026 | 43.64% |
| Dec 31, 2025 | 68.84% |
| Sep 30, 2025 | 63.57% |
| Jun 30, 2025 | 73.03% |
| Mar 31, 2025 | 70.90% |
| Dec 31, 2024 | 70.44% |
| Sep 30, 2024 | 70.93% |
| Jun 30, 2024 | 76.92% |
| Mar 31, 2024 | 78.13% |
| Dec 31, 2023 | 73.96% |
| Sep 30, 2023 | 78.37% |
| Jun 30, 2023 | 80.90% |
| Mar 31, 2023 | 82.77% |
| Dec 31, 2022 | 72.94% |
| Sep 30, 2022 | 80.37% |
| Jun 30, 2022 | 79.03% |
| Mar 31, 2022 | 81.69% |
| Dec 31, 2021 | 77.71% |
| Sep 30, 2021 | 68.93% |