Natural Resource Partners (NRP) EV to FCF (2010 - 2026)
Natural Resource Partners' (NRP) EV to FCF came in at 7.85 for Q2 2026, up 28.5% from 6.11 a year earlier but down 17.8% from the prior quarter.
Natural Resource Partners (NRP) EV to FCF (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to FCF at Natural Resource Partners was 7.27, up 28.7% year-over-year; for FY2025, it came in at 8.16, up 42.0% from FY2024.
- Annual EV to FCF has increased for three consecutive years.
- In prior years, Natural Resource Partners' EV to FCF was 5.75 in FY2024 (+44.7%), 3.97 in FY2023 (+30.4%), 3.04 in FY2022 (-20.5%) and 3.83 in FY2021 (+43.4%).
- Quarterly EV to FCF has run from a low of 2.41 in Q2 2023 to a high of 9.56 in Q1 2026 over five years.
- On a year-over-year basis, EV to FCF has increased in each of the last 12 quarters, with growth averaging 45.9% over the last eight quarters.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q3 2021, with growth of 118.9%; the weakest was Q3 2022, with a decline of 41.7%.
- According to Business Quant data, EV to FCF for the three prior quarters was 9.56 (Q1 2026), 8.16 (Q4 2025) and 7.20 (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 | 7.85 |
| Mar 31, 2026 | 9.56 |
| Dec 31, 2025 | 8.16 |
| Sep 30, 2025 | 7.20 |
| Jun 30, 2025 | 6.11 |
| Mar 31, 2025 | 6.31 |
| Dec 31, 2024 | 5.75 |
| Sep 30, 2024 | 4.79 |
| Jun 30, 2024 | 4.07 |
| Mar 31, 2024 | 3.97 |
| Dec 31, 2023 | 3.97 |
| Sep 30, 2023 | 3.39 |
| Jun 30, 2023 | 2.41 |
| Mar 31, 2023 | 2.70 |
| Dec 31, 2022 | 3.04 |
| Sep 30, 2022 | 2.60 |
| Jun 30, 2022 | 2.85 |
| Mar 31, 2022 | 3.73 |
| Dec 31, 2021 | 3.83 |
| Sep 30, 2021 | 4.45 |
Natural Resource Partners EV to FCF 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-fcf&ticker=NRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=NRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();