Filing Flows › Natural Resource Partners LP (NRP) › Q1 2025 › vs Q1 2024
Natural Resource Partners LP (NRP) Q1 2025 vs Q1 2024 (year over year)
Natural Resource Partners LP's revenue fell $14.3M (-22%) from $65.6M in Q1 2024 to $51.3M in Q1 2025. Operating margin 83.7% against 91.0% (-7.3 pts).
Natural Resource Partners LP, Q1 2025: revenue $51.3M (-22% year over year), operating margin 83.7%, net earnings $40.3M, operating cash flow $34.4M. The chart draws each line against Q1 2024, the increases inside each band.
Margins
| Q1 2025 | Q1 2024 | Change | |
|---|---|---|---|
| Operating margin | 83.7% | 91.0% | -7.3 pts |
| Net margin | 78.5% | 85.7% | -7.2 pts |
Every line
| Line | Q1 2025 | Q1 2024 | Change | % |
|---|---|---|---|---|
| Revenue | $51.3M | $65.6M | −$14.3M | -22% |
| Operating profit | $42.9M | $59.7M | −$16.8M | -28% |
| Costs & expenses | $8.3M | $5.9M | $2.5M | +42% |
| Pre-tax earnings | $40.3M | $56.2M | −$16.0M | -28% |
| Other expense, net | $2.7M | $3.5M | −$819K | -23% |
| Net earnings | $40.3M | $56.2M | −$16.0M | -28% |
| Depreciation & amortization | $4.0M | $4.7M | −$665K | -14% |
| Share-based compensation | $2.7M | $3.0M | −$247K | -8% |
| Working capital & other | $12.5M | −$7.7M | $20.2M | — |
| Operating cash flow | $34.4M | $71.5M | −$37.1M | -52% |
Questions
How much did Natural Resource Partners LP's revenue grow year over year in Q1 2025?
Natural Resource Partners LP's revenue fell $14.3M (-22%) from $65.6M in Q1 2024 to $51.3M in Q1 2025. Operating margin 83.7% against 91.0% (-7.3 pts).