Natural Resource Partners (NRP) Gross Margin (2013 - 2026)
Natural Resource Partners (NRP) reported Gross Margin of 89.18% for Q2 2026, down 2.52 percentage points from 91.70% a year earlier but up 2.14 percentage points from the prior quarter.
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Analysis
Natural Resource Partners (NRP) Gross Margin (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Natural Resource Partners' Gross Margin came in at 87.51%, down 0.93 percentage points year-over-year; for FY2025, it came in at 88.49%, down 1.05 percentage points from FY2024.
- Gross Margin has a five-year change of +6.16 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 89.54% in FY2024 (-1.73 pp), 91.27% in FY2023 (+0.24 pp), 91.03% in FY2022 (+3.53 pp) and 87.50% in FY2021 (+5.17 pp).
- Five-year quarterly Gross Margin spans a low of 85.11% in Q3 2025 and a high of 92.78% in Q1 2023.
- Year over year, Gross Margin gained in two of the last eight quarters, with an average year-over-year change of -1.78 percentage points.
- The high point for year-over-year Gross Margin in five years was Q3 2022 (a gain of 6.99 percentage points); the low point was Q4 2024 (a drop of 5.16 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 87.04% (Q1 2026), 88.73% (Q4 2025) and 85.11% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 743.20 Bn | 699.68 Bn | - | - |
| 2 | Chevron | 447.03 Bn | 419.15 Bn | 33.45 Bn | 47.75% |
| 3 | Shell | 310.50 Bn | 240.25 Bn | 30.13 Bn | 31.83% |
| 4 | TotalEnergies SE | 198.52 Bn | 79.10 Bn | 61.77 Bn | 100.00% |
| 5 | Conocophillips | 177.09 Bn | 149.80 Bn | 12.81 Bn | 65.62% |
| 6 | Equinor Asa | 119.58 Bn | 34.03 Bn | - | - |
| 7 | Phillips 66 | 116.56 Bn | 104.35 Bn | 8.38 Bn | 16.10% |
| 8 | Canadian Natural Resources | 113.43 Bn | 110.44 Bn | 8.84 Bn | 82.99% |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - | - |
| 10 | Natural Resource Partners | 1.52 Bn | 1.40 Bn | 47.24 Mn | 89.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 89.18% |
| Mar 31, 2026 | 87.04% |
| Dec 31, 2025 | 88.73% |
| Sep 30, 2025 | 85.11% |
| Jun 30, 2025 | 91.70% |
| Mar 31, 2025 | 88.81% |
| Dec 31, 2024 | 85.33% |
| Sep 30, 2024 | 88.75% |
| Jun 30, 2024 | 91.04% |
| Mar 31, 2024 | 92.50% |
| Dec 31, 2023 | 90.49% |
| Sep 30, 2023 | 90.32% |
| Jun 30, 2023 | 91.31% |
| Mar 31, 2023 | 92.78% |
| Dec 31, 2022 | 90.82% |
| Sep 30, 2022 | 92.28% |
| Jun 30, 2022 | 89.98% |
| Mar 31, 2022 | 91.00% |
| Dec 31, 2021 | 90.50% |
| Sep 30, 2021 | 85.29% |
API Access
Natural Resource Partners Gross Margin 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=gross-margin&ticker=NRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=NRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();