# Natural Resource Partners LP: overview

NRP · NYSE · CIK 1171486 · [Materials](/sectors/materials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/nrp.md) · [Financials](/companies/nrp/financials.md) · [Filings](/companies/nrp/filings.md) · [Insiders](/companies/nrp/insiders.md)

Latest reported revenue: [$51.3m](/filings/0001437749-25-014693.md) for Q1 FY2025, three months to 2025-03-31, from the 10-Q filed May 6, 2025 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001437749-25-014693).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [50.4](/filings/0001437749-24-033247.md) | [61.8 d](/filings/0001437749-25-005715.md) | [51.3](/filings/0001437749-25-014693.md) | not reported | not reported | not reported | not reported | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [84.9%](/filings/0001437749-25-032941.md) | [74.9% d](/filings/0001437749-26-006147.md) | [83.7%](/filings/0001437749-26-015150.md) | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [76.6%](/filings/0001437749-25-032941.md) | [69.2% d](/filings/0001437749-26-006147.md) | [78.5%](/filings/0001437749-26-025856.md) | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | [54.1 d](/filings/0001437749-25-032941.md) | [66.2 d](/filings/0001437749-26-006147.md) | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [185](/filings/0001437749-24-007008.md) | [307](/filings/0001437749-25-005715.md) | [279](/filings/0001437749-25-005715.md) | [232](/filings/0001437749-25-005715.md) | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [79.8%](/filings/0001437749-24-007008.md) | [99.4%](/filings/0001437749-25-005715.md) | [105.0%](/filings/0001437749-26-006147.md) | [85.7%](/filings/0001437749-26-006147.md) | not reported |
| Net margin | % | [58.8%](/filings/0001437749-24-007008.md) | [87.5%](/filings/0001437749-25-005715.md) | [99.9%](/filings/0001437749-26-006147.md) | [79.0%](/filings/0001437749-26-006147.md) | not reported |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | [122](/filings/0001437749-24-007008.md) | [267](/filings/0001437749-25-005715.md) | [311](/filings/0001437749-26-006147.md) | [248](/filings/0001437749-26-006147.md) | [166](/filings/0001437749-26-006147.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/nrp/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $104.2m | 1,074,497 |  | Added +35,582 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $59.0m | 608,121 |  | Reduced −8,633 |
| [Corient Private Wealth LP](/funds/1948780.md) | 2026-06-30 | $57.4m | 592,072 |  | Reduced −21,000 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $33.9m | 349,152 |  | Added +165,301 |
| [Solidarity Wealth, LLC](/funds/1906613.md) | 2026-06-30 | $25.3m | 260,480 |  | Added +25,296 |
| [Progeny 3, Inc.](/funds/1536006.md) | 2026-06-30 | $22.3m | 229,463 |  | Reduced −83,060 |
| [Saber Capital Managment, LLC](/funds/1911378.md) | 2026-06-30 | $20.9m | 215,216 |  | Added +5,749 |
| [ING GROEP NV](/funds/1039765.md) | 2026-06-30 | $19.2m | 198,400 |  | Added +18,000 |
| [Long Corridor Asset Management Ltd](/funds/1845501.md) | 2026-06-30 | $11.6m | 120,000 |  | Added +20,000 |
| [BNP PARIBAS FINANCIAL MARKETS](/funds/1166588.md) | 2026-06-30 | $10.8m | 111,014 |  | Added +96,587 |

## Recent filings

[All 881 filings](/companies/nrp/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-05 | 13:14 ET | [10-Q](/filings/0001437749-26-025856.md) | Quarterly report, period 2026-06-30 | 0001437749-26-025856 |
| 2026-08-05 | 07:14 ET | [8-K](/filings/0001437749-26-025784.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-025784 |
| 2026-05-06 | 14:25 ET | [10-Q](/filings/0001437749-26-015150.md) | Quarterly report, period 2026-03-31 | 0001437749-26-015150 |
| 2026-05-06 | 07:05 ET | [8-K](/filings/0001437749-26-015012.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-015012 |
| 2026-02-27 | 17:29 ET | [10-K](/filings/0001437749-26-006147.md) | Annual report, period 2025-12-31 | 0001437749-26-006147 |
| 2026-02-27 | 06:59 ET | [8-K](/filings/0001437749-26-005980.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-005980 |
| 2025-11-04 | 12:34 ET | [10-Q](/filings/0001437749-25-032941.md) | Quarterly report, period 2025-09-30 | 0001437749-25-032941 |
| 2025-11-04 | 07:21 ET | [8-K](/filings/0001437749-25-032873.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-25-032873 |
| 2025-08-06 | 11:39 ET | [10-Q](/filings/0001437749-25-024999.md) | Quarterly report, period 2025-06-30 | 0001437749-25-024999 |
| 2025-08-06 | 07:36 ET | [8-K](/filings/0001437749-25-024952.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-25-024952 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001437749-26-006147.md), filed Feb 27, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1171486
- Tickers: NRP
- Exchange: NYSE
- SIC code: 1221 Bituminous Coal & Lignite Surface Mining
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:35 ET. No prices; not investment advice.