Illinois Basin Coal was Alliance Resource Partners’s largest segment in fiscal 2025, bringing in $1.38B of $2.19B (63%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Illinois Basin Coal | $1.30B | $1.48B | $1.50B | $1.38B | |||||||||||||
| Illinois Basin | — | — | — | — | |||||||||||||
| Appalachia | $928.09M | $883.33M | $743.24M | $604.70M | |||||||||||||
| Appalachia Coal | — | — | — | — | |||||||||||||
| Northern Appalachia | — | — | — | — | |||||||||||||
| Central Appalachia | — | — | — | — | |||||||||||||
| Oil & Gas Royalties | $154.90M | $141.53M | $139.14M | $139.56M | |||||||||||||
| Other & Corporate | — | — | — | — | |||||||||||||
| Coal Royalties | $60.68M | $65.61M | $69.74M | $80.47M | |||||||||||||
| Other, Corporate & Elimination | -$20.00M | -$5.33M | $446.00K | -$6.08M | |||||||||||||
| Eliminations | — | — | — | — | |||||||||||||
| Elimination | — | — | — | — | |||||||||||||
| Intersegment Elimination | — | — | — | — | |||||||||||||
| Total | $2.42B | $2.57B | $2.45B | $2.19B |
Alliance Resource Partners brought in $2.19B from its five segments in fiscal 2025, the year ended December 31, 2025. That was down 10.4% from $2.45B in fiscal 2024. Illinois Basin Coal was the largest at $1.38B (62.7%), ahead of Appalachia at $604.70M (27.6%) and Oil & Gas Royalties at $139.56M (6.4%). The remaining segment, Coal Royalties, brought in $80.47M.
Compared with fiscal 2024, Coal Royalties grew fastest, up 15.4% to $80.47M, while Appalachia fell the most, down 18.6% to $604.70M. From fiscal 2022 to 2025, combined revenue from these segments fell from $2.42B to $2.19B, a compound annual decline of 3.2%. Illinois Basin Coal's share of the total rose from 53.6% to 62.7%.
The total is net of Other, Corporate & Elimination, which took $6.08M off revenue in fiscal 2025.
Coal Sales was Alliance Resource Partners’s largest product and service line in fiscal 2025, bringing in $1.93B of $2.19B (88%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Coal Sales | $2.10B | $2.21B | $2.11B | $1.93B | ||||||
| Coal | — | — | — | — | ||||||
| Oil & Gas Royalties | $151.06M | $137.75M | $138.31M | $137.85M | ||||||
| Transportation | $113.86M | $142.29M | $112.59M | $36.61M | ||||||
| Transportation Revenues | — | — | — | — | ||||||
| Coal Royalties | $60.62M | $65.57M | $69.68M | $80.47M | ||||||
| Other Revenues | $12.20M | $16.21M | $15.88M | $13.45M | ||||||
| Other Sales & Operating Revenues | — | — | — | — | ||||||
| Other, Corporate & Elimination | -$20.00M | -$5.33M | $446.00K | -$6.08M | ||||||
| Elimination | — | — | — | — | ||||||
| Total | $2.42B | $2.57B | $2.45B | $2.19B |
Alliance Resource Partners brought in $2.19B from its six product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 10.4% from $2.45B in fiscal 2024. Coal Sales was the largest at $1.93B (88.0%), ahead of Oil & Gas Royalties at $137.85M (6.3%) and Coal Royalties at $80.47M (3.7%). The other two lines brought in $50.06M combined.
Compared with fiscal 2024, Coal Royalties grew fastest, up 15.5% to $80.47M, while Coal Sales fell the most, down 8.5% to $1.93B. From fiscal 2022 to 2025, combined revenue from these lines fell from $2.42B to $2.19B, a compound annual decline of 3.2%. Coal Sales' share of the total rose from 86.9% to 88.0%.
The total is net of Other, Corporate & Elimination, which took $6.08M off revenue in fiscal 2025.
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 $1.38B (62.7% of the total), followed by Appalachia at $604.70M (27.6%).
Illinois Basin Coal was Alliance Resource Partners' largest segment in fiscal 2025, bringing in $1.38B, or 62.7% of the $2.19B total across its five segments.
Coal Sales was Alliance Resource Partners' largest product and service line in fiscal 2025, bringing in $1.93B, or 88.0% of the $2.19B total across its six product and service lines.
Among Alliance Resource Partners' segments that make up at least 2% of revenue, Coal Royalties grew fastest in fiscal 2025, up 15.4% from $69.74M to $80.47M.
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.