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

Sila Realty Trust, Inc. is the larger business by last-quarter revenue ($50.1M vs $41.9M, roughly 1.2× DORCHESTER MINERALS, L.P.). DORCHESTER MINERALS, L.P. runs the higher net margin — 38.7% vs 10.0%, a 28.7% gap on every dollar of revenue. On growth, Sila Realty Trust, Inc. posted the faster year-over-year revenue change (7.6% vs 5.4%). Over the past eight quarters, DORCHESTER MINERALS, L.P.'s revenue compounded faster (16.2% CAGR vs -0.6%).

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.

Sila Realty Trust, Inc. is a U.S.-based real estate investment trust that owns, operates, and acquires high-quality income-generating commercial properties. Its core portfolio covers industrial logistics facilities, office assets and mixed-use properties, serving tenants across logistics, corporate and retail segments to deliver stable long-term returns.

DMLP vs SILA — Head-to-Head

Bigger by revenue
SILA
SILA
1.2× larger
SILA
$50.1M
$41.9M
DMLP
Growing faster (revenue YoY)
SILA
SILA
+2.2% gap
SILA
7.6%
5.4%
DMLP
Higher net margin
DMLP
DMLP
28.7% more per $
DMLP
38.7%
10.0%
SILA
Faster 2-yr revenue CAGR
DMLP
DMLP
Annualised
DMLP
16.2%
-0.6%
SILA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DMLP
DMLP
SILA
SILA
Revenue
$41.9M
$50.1M
Net Profit
$16.2M
$5.0M
Gross Margin
88.9%
Operating Margin
Net Margin
38.7%
10.0%
Revenue YoY
5.4%
7.6%
Net Profit YoY
13.7%
-54.9%
EPS (diluted)
$0.10

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
SILA
SILA
Q4 25
$41.9M
$50.1M
Q3 25
$35.4M
$49.8M
Q2 25
$32.4M
$48.7M
Q1 25
$43.2M
$48.3M
Q4 24
$39.7M
$46.5M
Q3 24
$53.5M
$46.1M
Q2 24
$37.4M
$43.6M
Q1 24
$31.0M
$50.6M
Net Profit
DMLP
DMLP
SILA
SILA
Q4 25
$16.2M
$5.0M
Q3 25
$11.2M
$11.6M
Q2 25
$12.3M
$8.6M
Q1 25
$17.6M
$7.9M
Q4 24
$14.2M
$11.1M
Q3 24
$36.4M
$11.9M
Q2 24
$23.6M
$4.6M
Q1 24
$18.2M
$15.0M
Gross Margin
DMLP
DMLP
SILA
SILA
Q4 25
88.9%
Q3 25
88.1%
Q2 25
87.7%
Q1 25
86.9%
Q4 24
87.3%
Q3 24
87.4%
Q2 24
86.6%
Q1 24
89.0%
Net Margin
DMLP
DMLP
SILA
SILA
Q4 25
38.7%
10.0%
Q3 25
31.5%
23.3%
Q2 25
38.1%
17.6%
Q1 25
40.9%
16.4%
Q4 24
35.9%
23.9%
Q3 24
68.1%
25.9%
Q2 24
63.2%
10.6%
Q1 24
58.6%
29.6%
EPS (diluted)
DMLP
DMLP
SILA
SILA
Q4 25
$0.10
Q3 25
$0.21
Q2 25
$0.15
Q1 25
$0.14
Q4 24
$0.20
Q3 24
$0.21
Q2 24
$0.08
Q1 24
$0.26

Balance Sheet & Financial Strength

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

Metric
DMLP
DMLP
SILA
SILA
Cash + ST InvestmentsLiquidity on hand
$41.9M
$32.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
Total Assets
$309.6M
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DMLP
DMLP
SILA
SILA
Q4 25
$41.9M
$32.3M
Q3 25
$41.6M
$27.7M
Q2 25
$36.5M
$24.8M
Q1 25
$41.5M
$30.5M
Q4 24
$42.5M
$39.8M
Q3 24
$56.5M
$28.6M
Q2 24
$35.2M
$87.0M
Q1 24
$37.7M
$90.2M
Stockholders' Equity
DMLP
DMLP
SILA
SILA
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.5B
Q1 24
$1.5B
Total Assets
DMLP
DMLP
SILA
SILA
Q4 25
$309.6M
$2.1B
Q3 25
$330.4M
$2.1B
Q2 25
$325.6M
$2.0B
Q1 25
$349.0M
$2.0B
Q4 24
$366.8M
$2.0B
Q3 24
$403.4M
$2.0B
Q2 24
$176.0M
$2.1B
Q1 24
$184.8M
$2.1B

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
SILA
SILA
Operating Cash FlowLast quarter
$34.3M
$119.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.12×
23.76×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DMLP
DMLP
SILA
SILA
Q4 25
$34.3M
$119.1M
Q3 25
$34.3M
$30.0M
Q2 25
$30.5M
$31.9M
Q1 25
$33.4M
$24.1M
Q4 24
$31.5M
$132.8M
Q3 24
$43.7M
$29.1M
Q2 24
$29.4M
$31.6M
Q1 24
$28.0M
$36.6M
Cash Conversion
DMLP
DMLP
SILA
SILA
Q4 25
2.12×
23.76×
Q3 25
3.07×
2.59×
Q2 25
2.47×
3.71×
Q1 25
1.89×
3.06×
Q4 24
2.21×
11.95×
Q3 24
1.20×
2.43×
Q2 24
1.25×
6.84×
Q1 24
1.54×
2.44×

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%

SILA
SILA

Segment breakdown not available.

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