Natural Resource Partners (NRP) EV to EBITDA (2009 - 2026)
Natural Resource Partners (NRP) posted EV to EBITDA of 47.86 for Q2 2026, down 37.3% on a QoQ basis from 76.33 in Q1 2026, and up 43.01% year-over-year from 33.46 in Q2 2025.
Analysis
Natural Resource Partners (NRP) EV to EBITDA (2009 - 2026) Analysis & Trends
Natural Resource Partners has reported EV to EBITDA for 18 years, with the latest figure at 47.86 in Q2 2026.
- On a quarterly basis, EV to EBITDA rose 43.01% year-over-year to 47.86 in Q2 2026; TTM through Jun 2026 was 11.24, a 54.78% increase from a year earlier, with the FY2025 full-year figure at 9.37, up 30.78% from the prior year.
- EV to EBITDA was 47.86 for Q2 2026 at Natural Resource Partners, down from 76.33 in the prior quarter.
- The five-year high for EV to EBITDA was 76.33 in Q1 2026, with the low at 7.23 in Q2 2022.
- Average EV to EBITDA over 5 years is 25.69, with a median of 21.78 recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: EV to EBITDA tumbled 48.61% in 2022, then surged 145.56% in 2026.
- Over 5 years, EV to EBITDA stood at 11.47 in 2022, then jumped by 56.25% to 17.92 in 2023, then jumped by 72.1% to 30.84 in 2024, then jumped by 36.45% to 42.08 in 2025, then advanced by 13.72% to 47.86 in 2026.
- The last three EV to EBITDA figures came in at 47.86 (Q2 2026), 76.33 (Q1 2026), and 42.08 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Viper Energy | 15.81 Bn | 20.98 Bn | - |
| 2 | Black Stone Minerals | 3.12 Bn | 3.11 Bn | - |
| 3 | Natural Resource Partners | 1.51 Bn | 1.48 Bn | 47.24 Mn |
| 4 | Kimbell Royalty Partners | 1.50 Bn | 1.46 Bn | - |
| 5 | Dorchester Minerals | 1.43 Bn | 1.36 Bn | - |
| 6 | Evolution Petroleum | 131.82 Mn | 126.78 Mn | 7.21 Mn |
| 7 | Altex Industries | 1.90 Mn | 1.90 Mn | - |
| 8 | Mentor Capital | 827,678.86 | 91,860.86 | 65,595.00 |
| 9 | Leopard Energy | 165,479.20 | 149,827.20 | 1,715.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.86 |
| Mar 31, 2026 | 76.33 |
| Dec 31, 2025 | 42.08 |
| Sep 30, 2025 | 41.26 |
| Jun 30, 2025 | 33.46 |
| Mar 31, 2025 | 31.08 |
| Dec 31, 2024 | 30.84 |
| Sep 30, 2024 | 29.10 |
| Jun 30, 2024 | 22.97 |
| Mar 31, 2024 | 20.58 |
| Dec 31, 2023 | 17.92 |
| Sep 30, 2023 | 15.15 |
| Jun 30, 2023 | 9.97 |
| Mar 31, 2023 | 9.44 |
| Dec 31, 2022 | 11.47 |
| Sep 30, 2022 | 8.00 |
| Jun 30, 2022 | 7.23 |
| Mar 31, 2022 | 7.69 |
| Dec 31, 2021 | 7.15 |
| Sep 30, 2021 | 9.02 |