Based on the latest figures, Natural Resource Partners reports a gross margin of 86.5%, an operating margin of 60.6%, an EBITDA margin of 75.4%, and a net margin of 58.6%. Margin expansion was strongest in EBITDA margin, which gained by 2 percentage points. Operating margin had the strongest contraction, dropping by 10.6 percentage points.
NRP margin history
Over the last 3 years, Natural Resource Partners recorded average margins of 89.15% gross, 72.04% operating, 72.28% EBITDA, and 60.64% net. Natural Resource Partners's current performance shows that EBITDA margin is above its three-year average and gross, operating, and net margins are below their three-year averages.
NRP margin expansion
EBITDA margin expanded by 2 percentage points, while gross margin contracted by 1.9 percentage points, operating margin by 10.6 percentage points, and net margin by 3 percentage points.
NRP Gross margin
Natural Resource Partners recorded an average gross margin of 89.15% across the last 3 years. Natural Resource Partners currently reports a gross margin of 86.5%, 2.7 percentage points below its three-year average. During this period, gross margin reached a high of 91.3% in Dec 2023 and a low of 86.5% in Jun 2026.
NRP Operating margin
The average operating margin for Natural Resource Partners was 72.04% during the last 3 years. The current operating margin of 60.6% is 11.4 percentage points below its three-year average. The operating margin for Natural Resource Partners moved between 60.6% in Jun 2026 and 79.1% in Dec 2023.
NRP EBITDA margin
Looking back over the last 3 years, Natural Resource Partners recorded an average EBITDA margin of 72.28%. Natural Resource Partners's current EBITDA margin is 75.4% and is 3.1 percentage points above its three-year average. The highest EBITDA margin for Natural Resource Partners was 78.2% in Dec 2025, while the lowest was 64.2% in Dec 2023.
NRP Net margin
Across the last 3 years, Natural Resource Partners had an average net margin of 60.64%. At present, Natural Resource Partners's current net margin is 58.6%, which is 2 percentage points below its three-year average. Looking back over the last 3 years, Natural Resource Partners's net margin reached 67.1% at its highest point in Dec 2025 and 55.4% at its lowest in Dec 2023.
NRP margin group comparison
Natural Resource Partners's gross margin of 86.5% is above the Energy sector, the industry and its peers average. Compared to its Energy sector average of 42.5%, Natural Resource Partners's gross margin is 104% higher.
NRP margin peer comparison
Frequently asked questions
What is Natural Resource Partners's gross margin?
The current gross margin for NRP is 86.5% as of Jun 30, 2026.
What is Natural Resource Partners's operating margin?
For the period ending Jun 30, 2026, NRP recorded an operating margin of 60.6%.
What is Natural Resource Partners's EBITDA margin?
For the period ending Jun 30, 2026, NRP recorded an EBITDA margin of 75.4%.
What is Natural Resource Partners's net margin?
As of Jun 30, 2026, NRP has a net margin of 58.6%.
What are the average margins of NRP?
Natural Resource Partners's average margins over the last 3 years were 89.2% gross, 72.0% operating, 72.3% EBITDA, and 60.6% net.
What are the highest historical margins of NRP?
Looking back across 5 years, NRP reached 91.8% gross in Jun 2023, 79.7% operating in Sep 2022, 78.2% EBITDA in Dec 2025, and 67.1% net in Dec 2025.
What are the lowest historical margins of NRP?
Looking back across 5 years, NRP reached its lowest margins at 86.5% gross in Jun 2026, 60.6% operating in Jun 2026, 61.5% EBITDA in Sep 2023, and 36.4% net in Dec 2021.