Natural Resource Partners LP (NRP) Financial Statements (2026 and earlier)

Company Profile

Business Address 1415 LOUISIANA ST. STE 3325
HOUSTON, TX 77002
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 1221 - Bituminous Coal and Lignite Surface Mining (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments30,44411,98939,091135,52099,79098,265
Cash and cash equivalent30,44411,98939,091135,52099,79098,265
Receivables31,46941,08642,70124,53812,32230,869
Disposal group, including discontinued operation      1,706
Other undisclosed current assets1,9612,2181,8222,7235,0801,244
Total current assets:63,87455,29383,614162,781117,192132,084
Noncurrent Assets
Operating lease, right-of-use asset4,200  3,5003,5003,500
Nontrade receivables23,48026,32128,94631,37133,264 
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization24,00824,00824,00824,00824,00824,008
Long-term investments and receivables, including:23,48026,32128,94631,37133,26436,963
Long-term investments257,355276,549306,470276,004262,514263,080
Other undisclosed long-term investments and receivables(233,875)(250,228)(277,524)(244,633)(229,250)(226,117)
Intangible asset, including goodwill, after accumulated amortization12,92413,68214,71316,13017,45917,687
Intangible asset, excluding goodwill, after accumulated amortization12,92413,68214,71316,13017,45917,687
Other noncurrent assets11,6287,5407,0685,8327,0676,989
Other undisclosed noncurrent assets609,313644,711689,836678,830686,123864,676
Total noncurrent assets:709,033742,583793,517791,042804,685953,823
TOTAL ASSETS:772,907797,876877,131953,823921,8771,085,907
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities13,03013,87213,90812,2539,1189,943
Accounts payable9098851,9921,9561,3851,179
Accrued liabilities12,12112,98711,91610,2977,7338,764
Deferred revenue4,3414,5996,25611,81711,4854,608
Debt14,19230,78539,07639,10239,05545,776
Disposal group, including discontinued operation      65
Other undisclosed current liabilities3025849891,2131,7142,316
Total current liabilities:31,86549,84060,22964,38561,37262,708
Noncurrent Liabilities
Long-term debt and lease obligation127,876124,273129,205394,443432,444470,422
Long-term debt, excluding current maturities127,876124,273129,205394,443432,444470,422
Liabilities, other than long-term debt62,05845,52845,65355,06355,20052,162
Deferred revenue55,81438,35640,18150,04550,06947,213
Other liabilities6,2447,1725,4725,0185,1314,949
Total noncurrent liabilities:189,934169,801174,858449,506487,644522,584
Total liabilities:221,799219,641235,087513,891549,016585,292
Temporary equity, including noncontrolling interest  47,181164,587183,908168,337164,587
Equity
Equity, attributable to parent(1,670)19,97366,68151,17567,13864,222
Accumulated other comprehensive income (loss)(1,670)(3,122)18,7173,211322(2,594)
Warrants and rights outstanding  23,09547,96447,96466,81666,816
Other undisclosed equity552,778511,081410,776204,849137,386271,806
Total equity:551,108531,054477,457256,024204,524336,028
TOTAL LIABILITIES AND EQUITY:772,907797,876877,131953,823921,8771,085,907

Income Statement (P&L) ($ in thousands)

12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Revenues 232,351278,733307,013216,119139,739257,437
Cost of revenue(48,416)(54,316)(62,961)(2,572)(4,001)(7,462)
Cost of product and service sold(28,036)(32,315)(34,903)   
Provision for loan, lease, and other losses    (2,572)(4,001)(7,462)
Gross profit:183,935224,417244,052213,547135,738249,975
Operating expenses(20,393)(23,155)(20,770)(68,586) (212,614)
Other undisclosed operating income (loss)35,65691,27681,9492,817(179,589)13,960
Operating income (loss):199,198292,538305,231147,778(43,851)51,321
Interest and debt expense(15,554)(14,103)(36,739)(38,876)(40,968)(76,735)
Income (loss) from continuing operations:183,644278,435268,492108,902(84,819)(25,414)
Income (loss) before gain (loss) on sale of properties:108,902(84,819)(24,458)
Income from discontinued operations      956
Net income (loss) attributable to parent:183,644278,435268,492108,902(84,819)(24,458)
Preferred stock dividends and other adjustments (24,485)(60,929)    
Other undisclosed net loss available to common stockholders, basic (4,248)(16,719)(30,000)(31,609)(30,225)(30,000)
Net income (loss) available to common stockholders, basic:154,911200,787238,49277,293(115,044)(54,458)
Other undisclosed net income (loss) available to common stockholders, diluted(60)9,72924,63029,4312,3011,089
Net income (loss) available to common stockholders, diluted:154,851210,516263,122106,724(112,743)(53,369)

Comprehensive Income ($ in thousands)

12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Net income (loss):183,644278,435268,492108,902(84,819)(24,458)
Other comprehensive income (loss)1,452(21,839)15,506   
Other undisclosed comprehensive income    2,8892,916868
Comprehensive income (loss), net of tax, attributable to parent:185,096256,596283,998111,791(81,903)(23,590)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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