Natural Resource Partners (NRP) Return on Equity [ROE] (2010 - 2026)
Natural Resource Partners' Return on Equity [ROE] was 16.64% in Q2 2026, down 10.35 percentage points from 26.99% a year earlier and down 1.66 percentage points from the prior quarter.
Natural Resource Partners (NRP) Return on Equity [ROE] (2010 - 2026) Analysis & Trends
For FY2025, Return on Equity [ROE] at Natural Resource Partners came in at 23.04%, down 10.90 percentage points from FY2024.
- Return on Equity [ROE] has now declined for three consecutive years, though with a five-year change of +54.42 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was 33.94% in FY2024 (-21.28 pp), 55.22% in FY2023 (-17.99 pp), 73.21% in FY2022 (+25.92 pp) and 47.29% in FY2021 (+78.67 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Equity [ROE] since Q1 2021.
- Compared with a year earlier, Return on Equity [ROE] has declined for 13 straight quarters, with an average year-over-year change of -15.60 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q3 2021 (a gain of 138.76 percentage points); the worst was Q1 2025 (a drop of 20.23 percentage points).
- Per Business Quant data, NRP's Return on Equity [ROE] in the three quarters before Q2 2026 was 18.30% (Q1 2026), 21.93% (Q4 2025) and 24.66% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 14.68% |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 10.89% |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 14,127,795.78% |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 82.76% |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 14.29% |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | 20.86% |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 23.06% |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 103.28% |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 23.72% |
| 10 | Natural Resource Partners | 1.44 Bn | 1.32 Bn | 47.24 Mn | 16.64% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.64% |
| Mar 31, 2026 | 18.30% |
| Dec 31, 2025 | 21.93% |
| Sep 30, 2025 | 24.66% |
| Jun 30, 2025 | 26.99% |
| Mar 31, 2025 | 30.07% |
| Dec 31, 2024 | 34.38% |
| Sep 30, 2024 | 40.54% |
| Jun 30, 2024 | 47.03% |
| Mar 31, 2024 | 50.30% |
| Dec 31, 2023 | 53.84% |
| Sep 30, 2023 | 55.16% |
| Jun 30, 2023 | 59.21% |
| Mar 31, 2023 | 59.87% |
| Dec 31, 2022 | 60.28% |
| Sep 30, 2022 | 67.97% |
| Jun 30, 2022 | 65.24% |
| Mar 31, 2022 | 58.36% |
| Dec 31, 2021 | 45.11% |
| Sep 30, 2021 | 31.42% |
Natural Resource Partners Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=NRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=NRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();