vs

Side-by-side financial comparison of DORCHESTER MINERALS, L.P. (DMLP) and New Gold Inc. (NGD). Click either name above to swap in a different company.

New Gold Inc. is the larger business by last-quarter revenue ($44.1M vs $41.9M, roughly 1.1× DORCHESTER MINERALS, L.P.).

Dorchester Minerals, L.P. is a publicly traded master limited partnership based in the United States. It acquires, owns, and manages a diversified portfolio of royalty interests, net profit interests, and mineral properties associated with oil, natural gas, and natural gas liquids production across key onshore U.S. energy basins, delivering stable cash flow returns to its unitholders.

JB Hi-Fi Limited is an Australian consumer electronics retail company. It is publicly listed on the Australian Securities Exchange. Its headquarters are located in Southbank, Melbourne, Victoria.

DMLP vs NGD — Head-to-Head

Bigger by revenue
NGD
NGD
1.1× larger
NGD
$44.1M
$41.9M
DMLP

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
DMLP
DMLP
NGD
NGD
Revenue
$41.9M
$44.1M
Net Profit
$16.2M
Gross Margin
Operating Margin
Net Margin
38.7%
Revenue YoY
5.4%
Net Profit YoY
13.7%
EPS (diluted)

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.

Revenue
DMLP
DMLP
NGD
NGD
Q4 25
$41.9M
Q3 25
$35.4M
$44.1M
Q2 25
$32.4M
Q1 25
$43.2M
Q4 24
$39.7M
Q3 24
$53.5M
Q2 24
$37.4M
Q1 24
$31.0M
Net Profit
DMLP
DMLP
NGD
NGD
Q4 25
$16.2M
Q3 25
$11.2M
Q2 25
$12.3M
Q1 25
$17.6M
Q4 24
$14.2M
Q3 24
$36.4M
Q2 24
$23.6M
Q1 24
$18.2M
Net Margin
DMLP
DMLP
NGD
NGD
Q4 25
38.7%
Q3 25
31.5%
Q2 25
38.1%
Q1 25
40.9%
Q4 24
35.9%
Q3 24
68.1%
Q2 24
63.2%
Q1 24
58.6%

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DMLP
DMLP
NGD
NGD
Cash + ST InvestmentsLiquidity on hand
$41.9M
Total DebtLower is stronger
Stockholders' EquityBook value
Total Assets
$309.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DMLP
DMLP
NGD
NGD
Q4 25
$41.9M
Q3 25
$41.6M
Q2 25
$36.5M
Q1 25
$41.5M
Q4 24
$42.5M
Q3 24
$56.5M
Q2 24
$35.2M
Q1 24
$37.7M
Total Assets
DMLP
DMLP
NGD
NGD
Q4 25
$309.6M
Q3 25
$330.4M
Q2 25
$325.6M
Q1 25
$349.0M
Q4 24
$366.8M
Q3 24
$403.4M
Q2 24
$176.0M
Q1 24
$184.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DMLP
DMLP
NGD
NGD
Operating Cash FlowLast quarter
$34.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.12×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DMLP
DMLP
NGD
NGD
Q4 25
$34.3M
Q3 25
$34.3M
Q2 25
$30.5M
Q1 25
$33.4M
Q4 24
$31.5M
Q3 24
$43.7M
Q2 24
$29.4M
Q1 24
$28.0M
Cash Conversion
DMLP
DMLP
NGD
NGD
Q4 25
2.12×
Q3 25
3.07×
Q2 25
2.47×
Q1 25
1.89×
Q4 24
2.21×
Q3 24
1.20×
Q2 24
1.25×
Q1 24
1.54×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DMLP
DMLP

Royalties$34.0M81%
Other$7.8M19%

NGD
NGD

Segment breakdown not available.

Related Comparisons