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How Natural Resource Partners LP (NRP) makes money

Natural Resource Partners LP (NRP) made $51.3M of revenue in the first quarter 2025 (Q1 2025), -22% from a year earlier. Of every dollar of revenue, 84¢ was left as operating profit, 79¢ was left as net earnings.

Drawing the Sankey…

Natural Resource Partners LP revenue by quarterNatural Resource Partners LP revenue by quarter$61.8MQ4 2024$51.3MQ1 2025
Natural Resource Partners LP: where each dollar of revenue goesNatural Resource Partners LP: where each dollar of revenue goesOperating profit84¢Net earnings79¢Operating cash flow67¢

Where each dollar of revenue goes

LineQ1 2025% of revenue
Revenue$51.3M100.0%
Operating profit$42.9M83.7%
Net earnings$40.3M78.5%
Operating cash flow$34.4M67.2%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q1 2025$51.3M-22%
Q4 2024$61.8M-15%

From Natural Resource Partners LP's 10-Q filed May 6, 2025 (on EDGAR).

Questions

How does Natural Resource Partners LP make money?

Natural Resource Partners LP (NRP) made $51.3M of revenue in the first quarter 2025 (Q1 2025), -22% from a year earlier. Of every dollar of revenue, 84¢ was left as operating profit, 79¢ was left as net earnings.

What is Natural Resource Partners LP's profit margin?

Net earnings were $40.3M, 78.5% of revenue, in the first quarter 2025; the operating margin was 83.7%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.