Natural Resource Partners (NRP) EV to EBITDA (2010 - 2026)
Natural Resource Partners' (NRP) EV to EBITDA came in at 9.12 for Q2 2026, up 37.0% from 6.66 a year earlier but down 18.4% from the prior quarter.
Natural Resource Partners (NRP) EV to EBITDA (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBITDA at Natural Resource Partners was 8.45, up 37.2% year-over-year; for FY2025, it came in at 8.49, up 27.7% from FY2024.
- Annual EV to EBITDA has increased for three consecutive years.
- In prior years, Natural Resource Partners' EV to EBITDA was 6.65 in FY2024 (+67.5%), 3.97 in FY2023 (+60.3%), 2.48 in FY2022 (-11.4%) and 2.79 in FY2021.
- Quarterly EV to EBITDA has run from a low of 2.05 in Q3 2022 to a high of 11.18 in Q1 2026 over five years.
- On a year-over-year basis, EV to EBITDA has increased in each of the last 13 quarters, with growth averaging 52.2% over the last eight quarters.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was Q2 2024, with growth of 95.6%; the weakest was Q2 2022, with a decline of 38.6%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 11.18 (Q1 2026), 8.49 (Q4 2025) and 7.80 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - |
| 10 | Natural Resource Partners | 1.44 Bn | 1.32 Bn | 47.24 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.12 |
| Mar 31, 2026 | 11.18 |
| Dec 31, 2025 | 8.49 |
| Sep 30, 2025 | 7.80 |
| Jun 30, 2025 | 6.66 |
| Mar 31, 2025 | 6.76 |
| Dec 31, 2024 | 6.65 |
| Sep 30, 2024 | 5.18 |
| Jun 30, 2024 | 4.37 |
| Mar 31, 2024 | 4.25 |
| Dec 31, 2023 | 3.97 |
| Sep 30, 2023 | 3.28 |
| Jun 30, 2023 | 2.23 |
| Mar 31, 2023 | 2.30 |
| Dec 31, 2022 | 2.48 |
| Sep 30, 2022 | 2.05 |
| Jun 30, 2022 | 2.07 |
| Mar 31, 2022 | 2.55 |
| Dec 31, 2021 | 2.79 |
| Sep 30, 2021 | 2.81 |
Natural Resource Partners EV to EBITDA 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=ev-to-ebitda&ticker=NRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=NRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();