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Side-by-side financial comparison of Albemarle Corporation (ALB) and NATURAL RESOURCE PARTNERS LP (NRP). Click either name above to swap in a different company.
Albemarle Corporation is the larger business by last-quarter revenue ($1.4B vs $51.3M, roughly 27.9× NATURAL RESOURCE PARTNERS LP). NATURAL RESOURCE PARTNERS LP runs the higher net margin — 78.5% vs -29.0%, a 107.5% gap on every dollar of revenue. On growth, Albemarle Corporation posted the faster year-over-year revenue change (15.9% vs -21.8%). Over the past eight quarters, Albemarle Corporation's revenue compounded faster (2.4% CAGR vs -8.3%).
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers...
Natural Resource Partners LP is a U.S.-headquartered master limited partnership that owns, manages and leases mineral reserve interests. Its asset portfolio covers coal, aggregates, industrial minerals and oil & gas, with operations primarily across North America, deriving most revenue from royalties paid by third-party resource extraction operators.
ALB vs NRP — Head-to-Head
Income Statement — Q4 2025 vs Q1 2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $51.3M |
| Net Profit | $-414.2M | $40.3M |
| Gross Margin | 13.9% | — |
| Operating Margin | -15.2% | 83.7% |
| Net Margin | -29.0% | 78.5% |
| Revenue YoY | 15.9% | -21.8% |
| Net Profit YoY | -650.1% | -28.4% |
| EPS (diluted) | $-3.88 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.1B | $51.3M | ||
| Q4 24 | $1.2B | $61.8M | ||
| Q3 24 | $1.4B | $50.4M | ||
| Q2 24 | $1.4B | $54.6M | ||
| Q1 24 | $1.4B | $65.6M |
| Q4 25 | $-414.2M | — | ||
| Q3 25 | $-160.7M | — | ||
| Q2 25 | $22.9M | — | ||
| Q1 25 | $41.3M | $40.3M | ||
| Q4 24 | $75.3M | $42.8M | ||
| Q3 24 | $-1.1B | $38.6M | ||
| Q2 24 | $-188.2M | $46.1M | ||
| Q1 24 | $2.4M | $56.2M |
| Q4 25 | 13.9% | — | ||
| Q3 25 | 9.0% | — | ||
| Q2 25 | 14.8% | — | ||
| Q1 25 | 14.5% | — | ||
| Q4 24 | 11.2% | — | ||
| Q3 24 | -7.7% | — | ||
| Q2 24 | -0.7% | — | ||
| Q1 24 | 2.9% | — |
| Q4 25 | -15.2% | — | ||
| Q3 25 | -16.6% | — | ||
| Q2 25 | 3.6% | — | ||
| Q1 25 | 1.8% | 83.7% | ||
| Q4 24 | 0.4% | 74.9% | ||
| Q3 24 | -81.9% | 84.9% | ||
| Q2 24 | -34.4% | 92.3% | ||
| Q1 24 | -13.2% | 91.0% |
| Q4 25 | -29.0% | — | ||
| Q3 25 | -12.3% | — | ||
| Q2 25 | 1.7% | — | ||
| Q1 25 | 3.8% | 78.5% | ||
| Q4 24 | 6.1% | 69.2% | ||
| Q3 24 | -78.9% | 76.6% | ||
| Q2 24 | -13.2% | 84.4% | ||
| Q1 24 | 0.2% | 85.7% |
| Q4 25 | $-3.88 | — | ||
| Q3 25 | $-1.72 | — | ||
| Q2 25 | $-0.16 | — | ||
| Q1 25 | $0.00 | — | ||
| Q4 24 | $0.29 | — | ||
| Q3 24 | $-9.45 | — | ||
| Q2 24 | $-1.96 | — | ||
| Q1 24 | $-0.08 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $30.9M |
| Total DebtLower is stronger | $3.2B | $138.8M |
| Stockholders' EquityBook value | $9.5B | — |
| Total Assets | $16.4B | $772.5M |
| Debt / EquityLower = less leverage | 0.33× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.5B | $30.9M | ||
| Q4 24 | $1.2B | $30.4M | ||
| Q3 24 | $1.7B | $30.9M | ||
| Q2 24 | $1.8B | $32.3M | ||
| Q1 24 | $2.1B | $11.0M |
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.6B | — | ||
| Q2 25 | $3.6B | — | ||
| Q1 25 | $3.5B | $138.8M | ||
| Q4 24 | $3.5B | $142.1M | ||
| Q3 24 | $3.6B | $197.4M | ||
| Q2 24 | $3.5B | $210.3M | ||
| Q1 24 | $3.5B | $188.8M |
| Q4 25 | $9.5B | — | ||
| Q3 25 | $10.0B | — | ||
| Q2 25 | $10.2B | — | ||
| Q1 25 | $10.0B | — | ||
| Q4 24 | $10.0B | — | ||
| Q3 24 | $10.2B | — | ||
| Q2 24 | $11.2B | — | ||
| Q1 24 | $11.5B | — |
| Q4 25 | $16.4B | — | ||
| Q3 25 | $17.1B | — | ||
| Q2 25 | $17.3B | — | ||
| Q1 25 | $17.0B | $772.5M | ||
| Q4 24 | $16.6B | $772.9M | ||
| Q3 24 | $17.5B | $772.9M | ||
| Q2 24 | $18.4B | $789.6M | ||
| Q1 24 | $19.0B | $772.9M |
| Q4 25 | 0.33× | — | ||
| Q3 25 | 0.36× | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.35× | — | ||
| Q4 24 | 0.35× | — | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | 0.31× | — | ||
| Q1 24 | 0.31× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $388.5M | $34.4M |
| Free Cash FlowOCF − Capex | $233.1M | — |
| FCF MarginFCF / Revenue | 16.3% | — |
| Capex IntensityCapex / Revenue | 10.9% | — |
| Cash ConversionOCF / Net Profit | — | 0.86× |
| TTM Free Cash FlowTrailing 4 quarters | $692.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $388.5M | — | ||
| Q3 25 | $355.6M | — | ||
| Q2 25 | $-7.2M | — | ||
| Q1 25 | $545.4M | $34.4M | ||
| Q4 24 | $674.0K | $66.2M | ||
| Q3 24 | $240.5M | $54.1M | ||
| Q2 24 | $362.9M | $56.6M | ||
| Q1 24 | $98.0M | $71.5M |
| Q4 25 | $233.1M | — | ||
| Q3 25 | $223.4M | — | ||
| Q2 25 | $-126.8M | — | ||
| Q1 25 | $362.8M | — | ||
| Q4 24 | $-355.1M | — | ||
| Q3 24 | $-62.6M | — | ||
| Q2 24 | $-84.7M | — | ||
| Q1 24 | $-481.4M | — |
| Q4 25 | 16.3% | — | ||
| Q3 25 | 17.1% | — | ||
| Q2 25 | -9.5% | — | ||
| Q1 25 | 33.7% | — | ||
| Q4 24 | -28.8% | — | ||
| Q3 24 | -4.6% | — | ||
| Q2 24 | -5.9% | — | ||
| Q1 24 | -35.4% | — |
| Q4 25 | 10.9% | — | ||
| Q3 25 | 10.1% | — | ||
| Q2 25 | 9.0% | — | ||
| Q1 25 | 17.0% | — | ||
| Q4 24 | 28.9% | 0.0% | ||
| Q3 24 | 22.4% | 0.0% | ||
| Q2 24 | 31.3% | 0.0% | ||
| Q1 24 | 42.6% | 0.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.31× | — | ||
| Q1 25 | 13.19× | 0.86× | ||
| Q4 24 | 0.01× | 1.55× | ||
| Q3 24 | — | 1.40× | ||
| Q2 24 | — | 1.23× | ||
| Q1 24 | 40.01× | 1.27× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALB
| Energy Storage | $759.1M | 53% |
| Specialties | $348.9M | 24% |
| Ketjen | $320.1M | 22% |
NRP
| Coal Royalty Revenues | $35.5M | 69% |
| Soda Ash Segment | $4.6M | 9% |
| Transportation And Processing Services | $4.4M | 9% |
| Production Lease Minimum Revenues | $2.7M | 5% |
| Oil And Gas Royalty Revenues | $2.4M | 5% |
| Other | $1.6M | 3% |
