Natural Resource Partners (NRP) Operating Income (2009 - 2026)
Natural Resource Partners' Operating Income came in at $26.23 million for Q2 2026, down 28.3% from $36.59 million a year earlier but up 27.4% from the prior quarter.
Natural Resource Partners (NRP) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Natural Resource Partners reported Operating Income of $111.66 million, down 33.8% year-over-year; for FY2025, it came in at $144.35 million, down 27.5% from FY2024.
- Operating Income has declined in each of the last three years.
- Going back by year, Operating Income was $199.2 million in FY2024 (-31.9%), $292.54 million in FY2023 (-4.2%), $305.23 million in FY2022 (+106.5%) and $147.78 million in FY2021.
- The five-year range for quarterly Operating Income is $20.59 million (Q1 2026) to $82.18 million (Q3 2022).
- Year-over-year, Operating Income has declined for 13 consecutive quarters, with an average decline of 32.5% over the last eight quarters.
- The fastest year-over-year change in Operating Income over five years came in Q1 2022 (growth of 299.3%), and the weakest in Q1 2026 (a decline of 52.0%).
- Business Quant data shows NRP's Operating Income at $20.59 million (Q1 2026), $32.16 million (Q4 2025) and $32.68 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 732.76 Bn | 695.97 Bn | - | - |
| 2 | Chevron | 447.81 Bn | 425.60 Bn | 33.45 Bn | -19.92 Bn |
| 3 | Shell | 301.00 Bn | 231.74 Bn | 30.13 Bn | 21.43 Bn |
| 4 | TotalEnergies SE | 200.71 Bn | 83.84 Bn | 61.77 Bn | 15.33 Bn |
| 5 | Conocophillips | 174.96 Bn | 147.67 Bn | 12.81 Bn | 10.38 Bn |
| 6 | Equinor Asa | 115.99 Bn | 30.51 Bn | - | 12.99 Bn |
| 7 | Phillips 66 | 113.55 Bn | 102.54 Bn | 8.38 Bn | -38.69 Bn |
| 8 | Canadian Natural Resources | 112.20 Bn | 109.20 Bn | 8.84 Bn | 8.73 Bn |
| 9 | Eni Spa | 93.57 Bn | 43.76 Bn | - | 1.37 Bn |
| 10 | Natural Resource Partners | 1.52 Bn | 1.40 Bn | 47.24 Mn | 26.23 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.23 Mn |
| Mar 31, 2026 | 20.59 Mn |
| Dec 31, 2025 | 32.16 Mn |
| Sep 30, 2025 | 32.68 Mn |
| Jun 30, 2025 | 36.59 Mn |
| Mar 31, 2025 | 42.92 Mn |
| Dec 31, 2024 | 46.30 Mn |
| Sep 30, 2024 | 42.79 Mn |
| Jun 30, 2024 | 50.41 Mn |
| Mar 31, 2024 | 59.70 Mn |
| Dec 31, 2023 | 68.90 Mn |
| Sep 30, 2023 | 67.68 Mn |
| Jun 30, 2023 | 73.83 Mn |
| Mar 31, 2023 | 82.13 Mn |
| Dec 31, 2022 | 70.79 Mn |
| Sep 30, 2022 | 82.18 Mn |
| Jun 30, 2022 | 78.98 Mn |
| Mar 31, 2022 | 73.29 Mn |
| Dec 31, 2021 | 65.21 Mn |
| Sep 30, 2021 | 39.15 Mn |
Natural Resource Partners Operating Income 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=operating-income&ticker=NRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=NRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();