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Natural Resource Partners NRP Mineral Rights — Real Estate Tax Expense

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Other financials

Income statement

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Revenue$51.3M-21.8%
Gross profit$44.5M-25.7%
Operating income$20.6M-52.0%
Net income$19.6M-51.3%
EPS (diluted)$1.44-51.5%

Balance sheet

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Cash & equivalents$31.5M+2.0%
Total debt$60.3M-56.5%
Total assets$771.7M+3.1%

Cash flow

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Operating cash flow$33.0M-4.1%
CapEx-
Free cash flow$41.5M-37.4%

Valuation

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Market cap$1.33B+5.7%
Enterprise value$1.35B-0.5%
P/E11.5×+4.0×
P/S6.1×+1.8×

Profitability

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Gross margin90.2%
Operating margin84.5%
Net margin76.9%-18.4pp
FCF margin100.2%-15.3pp

Returns & leverage

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Current ratio2.1×-0.4×

Where this comes from

Reported directly by Natural Resource Partners in its filing.

Tagged under the XBRL concept us-gaap:RealEstateTaxExpense.

The official record: Natural Resource Partners’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Natural Resource Partners's mineral rights — real estate tax expense?
Natural Resource Partners (NRP) reported mineral rights — real estate tax expense of $1.88M in Q1 2026.
How has Natural Resource Partners's mineral rights — real estate tax expense changed year-over-year?
Natural Resource Partners's mineral rights — real estate tax expense increased by 4.9% year-over-year, from $1.79M to $1.88M.
What is the long-term trend for Natural Resource Partners's mineral rights — real estate tax expense?
Over 3 years (2022 to 2025), Natural Resource Partners's mineral rights — real estate tax expense has grown at a 4.2% compound annual growth rate (CAGR), from $6.39M to $7.24M.
What does mineral rights — real estate tax expense mean?
This metric represents the property-related tax obligations incurred by the company for the mineral rights it holds. It is a mandatory operating expense associated with the ownership of land and mineral interests. Tracking this expense is important for evaluating the net profitability of the asset base after accounting for ownership costs.