Natural Resource Partners (NRP) Invested Capital (2009 - 2026)
Natural Resource Partners (NRP) recorded Invested Capital of $677.41 million in Q2 2026, down 2.1% from $691.79 million a year earlier and down 2.2% from the prior quarter.
Natural Resource Partners (NRP) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Natural Resource Partners reported Invested Capital of $665.6 million, down 4.0% from FY2024.
- Annual Invested Capital has a five-year compound annual growth rate of -0.3% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $693.18 million in FY2024 (+1.0%), $686.11 million in FY2023 (+6.3%), $645.74 million in FY2022 (-6.4%) and $689.57 million in FY2021 (+2.0%).
- Quarterly Invested Capital has ranged from $643.78 million in Q1 2023 to $724.61 million in Q1 2022 over the past five years.
- On a year-over-year basis, Invested Capital has declined for five consecutive quarters, with an average decline of 1.1% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 10.5% in Q1 2022, against a decline of 11.2% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $692.85 million (Q1 2026), $665.6 million (Q4 2025) and $680.63 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 732.76 Bn | 695.97 Bn | - | 308.48 Bn |
| 2 | Chevron | 447.81 Bn | 425.60 Bn | 33.45 Bn | 232.63 Bn |
| 3 | Shell | 301.00 Bn | 231.74 Bn | 30.13 Bn | 253.86 Bn |
| 4 | TotalEnergies SE | 200.71 Bn | 83.84 Bn | 61.77 Bn | 193.87 Bn |
| 5 | Conocophillips | 174.96 Bn | 147.67 Bn | 12.81 Bn | 88.64 Bn |
| 6 | Equinor Asa | 115.99 Bn | 30.51 Bn | - | 67.49 Bn |
| 7 | Phillips 66 | 113.55 Bn | 102.54 Bn | 8.38 Bn | 53.27 Bn |
| 8 | Canadian Natural Resources | 112.20 Bn | 109.20 Bn | 8.84 Bn | - |
| 9 | Eni Spa | 93.57 Bn | 43.76 Bn | - | 101.06 Bn |
| 10 | Natural Resource Partners | 1.52 Bn | 1.40 Bn | 47.24 Mn | 677.41 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 677.41 Mn |
| Mar 31, 2026 | 692.85 Mn |
| Dec 31, 2025 | 665.60 Mn |
| Sep 30, 2025 | 680.63 Mn |
| Jun 30, 2025 | 691.79 Mn |
| Mar 31, 2025 | 703.16 Mn |
| Dec 31, 2024 | 693.18 Mn |
| Sep 30, 2024 | 714.56 Mn |
| Jun 30, 2024 | 708.73 Mn |
| Mar 31, 2024 | 673.14 Mn |
| Dec 31, 2023 | 686.11 Mn |
| Sep 30, 2023 | 710.84 Mn |
| Jun 30, 2023 | 682.20 Mn |
| Mar 31, 2023 | 643.78 Mn |
| Dec 31, 2022 | 645.74 Mn |
| Sep 30, 2022 | 652.11 Mn |
| Jun 30, 2022 | 652.73 Mn |
| Mar 31, 2022 | 724.61 Mn |
| Dec 31, 2021 | 689.57 Mn |
| Sep 30, 2021 | 680.34 Mn |
Natural Resource Partners Invested Capital 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=invested-capital&ticker=NRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=NRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();