Illinois Basin Coal was Alliance Resource Partners’s largest segment in fiscal 2025, bringing in $1.34B of $2.01B (67%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2015 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Illinois Basin Coal | $1.22B | $1.36B | $1.40B | $1.34B | |||||||
| Illinois Basin | — | — | — | — | |||||||
| Salesrevenuenet | — | — | — | — | |||||||
| Appalachia | $882.29M | $845.31M | $712.70M | $604.70M | |||||||
| Appalachia Coal | — | — | — | — | |||||||
| Northern Appalachia | — | — | — | — | |||||||
| Central Appalachia | — | — | — | — | |||||||
| Oil Gas Royalties | $151.06M | $137.75M | $138.31M | $139.56M | |||||||
| Coal Royalties | $60.68M | $65.61M | $69.74M | -$80.47M | |||||||
| Other & Corporate | — | — | — | — | |||||||
| Eliminations | — | — | — | — | |||||||
| Total | $2.31B | $2.41B | $2.32B | $2.01B |
Alliance Resource Partners brought in $2.01B from its four segments in fiscal 2025, the year ended December 31, 2025. That was down 13.5% from $2.32B in fiscal 2024. Illinois Basin Coal was the largest at $1.34B (66.9%), ahead of Appalachia at $604.70M (30.1%) and Oil Gas Royalties at $139.56M (7.0%).
Compared with fiscal 2024, Oil Gas Royalties grew fastest, up 0.9% to $139.56M, while Appalachia fell the most, down 15.2% to $604.70M. From fiscal 2022 to 2025, combined revenue from these segments fell from $2.31B to $2.01B, a compound annual decline of 4.6%. Illinois Basin Coal's share of the total rose from 52.7% to 66.9%.
The total is net of Coal Royalties, which took $80.47M off revenue in fiscal 2025.
Coal Sales was Alliance Resource Partners’s largest product and service line in fiscal 2025, bringing in $1.34B of $1.50B (89%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Coal Sales | $1.22B | $1.36B | $1.40B | $1.34B | |||||
| Coal | — | — | — | — | |||||
| Oil Gas Royalties | — | $137.75M | $138.31M | — | |||||
| Transportation | $183.40M | $106.15M | $85.14M | $61.58M | |||||
| Transportation Revenues | — | — | — | — | |||||
| Other Revenues | $59.64M | $70.75M | $82.02M | $96.70M | |||||
| Other Sales & Operating Revenues | — | — | — | — | |||||
| Coal Royalties | $0 | $0 | $0 | $0 | |||||
| Total | $1.46B | $1.68B | $1.70B | $1.50B |
Alliance Resource Partners brought in $1.50B from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That is less than the $2.01B it reports by segment, so these lines do not cover all of its revenue. Coal Sales was the largest at $1.34B (89.5%), ahead of Other Revenues at $96.70M (6.4%) and Transportation at $61.58M (4.1%).
Compared with fiscal 2024, Other Revenues grew fastest, up 17.9% to $96.70M, while Transportation fell the most, down 27.7% to $61.58M. Some of that change comes from Alliance Resource Partners regrouping its lines.
Alliance Resource Partners stopped reporting Oil Gas Royalties as a separate line after fiscal 2024, when it brought in $138.31M.
Alliance Resource Partners (ARLP) reports its revenue by segment and by product and service. In fiscal 2025, Illinois Basin Coal was its largest segment, bringing in $1.34B (66.9% of the total), followed by Appalachia at $604.70M (30.1%).
Illinois Basin Coal was Alliance Resource Partners' largest segment in fiscal 2025, bringing in $1.34B, or 66.9% of the $2.01B total across its four segments.
Coal Sales was Alliance Resource Partners' largest product and service line in fiscal 2025, bringing in $1.34B, or 89.5% of the $1.50B total across its four product and service lines.
Among Alliance Resource Partners' segments that make up at least 2% of revenue, Oil Gas Royalties grew fastest in fiscal 2025, up 0.9% from $138.31M to $139.56M.
Every figure comes from Alliance Resource Partners' annual financial filings, as reported. Each line keeps the name Alliance Resource Partners gives it, and years follow its fiscal calendar.
Alliance Resource Partners' revenue by segment goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.