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Side-by-side financial comparison of NATURAL RESOURCE PARTNERS LP (NRP) and ORASURE TECHNOLOGIES INC (OSUR). Click either name above to swap in a different company.
NATURAL RESOURCE PARTNERS LP is the larger business by last-quarter revenue ($51.3M vs $26.8M, roughly 1.9× ORASURE TECHNOLOGIES INC). NATURAL RESOURCE PARTNERS LP runs the higher net margin — 78.5% vs -72.1%, a 150.6% gap on every dollar of revenue. On growth, NATURAL RESOURCE PARTNERS LP posted the faster year-over-year revenue change (-21.8% vs -28.5%). Over the past eight quarters, NATURAL RESOURCE PARTNERS LP's revenue compounded faster (-8.3% CAGR vs -29.7%).
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.
OraSure Technologies, Inc. is a Bethlehem, Pennsylvania–based company in the medical device industry. Their products include diagnostic testing kits. The company had recently developed OraQuick testing kit, the first over-the-counter home HIV test.
NRP vs OSUR — Head-to-Head
Income Statement — Q1 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $51.3M | $26.8M |
| Net Profit | $40.3M | $-19.3M |
| Gross Margin | — | 41.0% |
| Operating Margin | 83.7% | -75.1% |
| Net Margin | 78.5% | -72.1% |
| Revenue YoY | -21.8% | -28.5% |
| Net Profit YoY | -28.4% | -78.7% |
| EPS (diluted) | — | $-0.28 |
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 | — | $26.8M | ||
| Q3 25 | — | $27.1M | ||
| Q2 25 | — | $31.2M | ||
| Q1 25 | $51.3M | $29.9M | ||
| Q4 24 | $61.8M | $37.4M | ||
| Q3 24 | $50.4M | $39.9M | ||
| Q2 24 | $54.6M | $54.3M | ||
| Q1 24 | $65.6M | $54.1M |
| Q4 25 | — | $-19.3M | ||
| Q3 25 | — | $-13.7M | ||
| Q2 25 | — | $-19.7M | ||
| Q1 25 | $40.3M | $-16.0M | ||
| Q4 24 | $42.8M | $-10.8M | ||
| Q3 24 | $38.6M | $-4.5M | ||
| Q2 24 | $46.1M | $-615.0K | ||
| Q1 24 | $56.2M | $-3.6M |
| Q4 25 | — | 41.0% | ||
| Q3 25 | — | 43.5% | ||
| Q2 25 | — | 42.1% | ||
| Q1 25 | — | 41.1% | ||
| Q4 24 | — | 36.2% | ||
| Q3 24 | — | 42.8% | ||
| Q2 24 | — | 45.4% | ||
| Q1 24 | — | 44.5% |
| Q4 25 | — | -75.1% | ||
| Q3 25 | — | -59.4% | ||
| Q2 25 | — | -57.7% | ||
| Q1 25 | 83.7% | -59.3% | ||
| Q4 24 | 74.9% | -33.2% | ||
| Q3 24 | 84.9% | -15.0% | ||
| Q2 24 | 92.3% | -5.0% | ||
| Q1 24 | 91.0% | -13.1% |
| Q4 25 | — | -72.1% | ||
| Q3 25 | — | -50.6% | ||
| Q2 25 | — | -63.0% | ||
| Q1 25 | 78.5% | -53.6% | ||
| Q4 24 | 69.2% | -28.8% | ||
| Q3 24 | 76.6% | -11.3% | ||
| Q2 24 | 84.4% | -1.1% | ||
| Q1 24 | 85.7% | -6.6% |
| Q4 25 | — | $-0.28 | ||
| Q3 25 | — | $-0.19 | ||
| Q2 25 | — | $-0.26 | ||
| Q1 25 | — | $-0.21 | ||
| Q4 24 | — | $-0.14 | ||
| Q3 24 | — | $-0.06 | ||
| Q2 24 | — | $-0.01 | ||
| Q1 24 | — | $-0.05 |
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 | $199.3M |
| Total DebtLower is stronger | $138.8M | — |
| Stockholders' EquityBook value | — | $340.8M |
| Total Assets | $772.5M | $403.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $199.3M | ||
| Q3 25 | — | $216.5M | ||
| Q2 25 | — | $234.6M | ||
| Q1 25 | $30.9M | $247.6M | ||
| Q4 24 | $30.4M | $267.8M | ||
| Q3 24 | $30.9M | $278.6M | ||
| Q2 24 | $32.3M | $267.4M | ||
| Q1 24 | $11.0M | $263.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $138.8M | — | ||
| Q4 24 | $142.1M | — | ||
| Q3 24 | $197.4M | — | ||
| Q2 24 | $210.3M | — | ||
| Q1 24 | $188.8M | — |
| Q4 25 | — | $340.8M | ||
| Q3 25 | — | $362.0M | ||
| Q2 25 | — | $380.7M | ||
| Q1 25 | — | $396.3M | ||
| Q4 24 | — | $410.3M | ||
| Q3 24 | — | $425.6M | ||
| Q2 24 | — | $425.8M | ||
| Q1 24 | — | $426.3M |
| Q4 25 | — | $403.2M | ||
| Q3 25 | — | $423.1M | ||
| Q2 25 | — | $445.0M | ||
| Q1 25 | $772.5M | $457.6M | ||
| Q4 24 | $772.9M | $479.7M | ||
| Q3 24 | $772.9M | $464.1M | ||
| Q2 24 | $789.6M | $466.3M | ||
| Q1 24 | $772.9M | $467.6M |
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 | $34.4M | $-9.0M |
| Free Cash FlowOCF − Capex | — | $-9.9M |
| FCF MarginFCF / Revenue | — | -37.1% |
| Capex IntensityCapex / Revenue | — | 3.4% |
| Cash ConversionOCF / Net Profit | 0.86× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-53.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-9.0M | ||
| Q3 25 | — | $-10.1M | ||
| Q2 25 | — | $-10.2M | ||
| Q1 25 | $34.4M | $-19.7M | ||
| Q4 24 | $66.2M | $109.0K | ||
| Q3 24 | $54.1M | $12.7M | ||
| Q2 24 | $56.6M | $7.8M | ||
| Q1 24 | $71.5M | $6.7M |
| Q4 25 | — | $-9.9M | ||
| Q3 25 | — | $-11.0M | ||
| Q2 25 | — | $-12.2M | ||
| Q1 25 | — | $-20.2M | ||
| Q4 24 | — | $-347.0K | ||
| Q3 24 | — | $12.5M | ||
| Q2 24 | — | $6.2M | ||
| Q1 24 | — | $5.2M |
| Q4 25 | — | -37.1% | ||
| Q3 25 | — | -40.6% | ||
| Q2 25 | — | -38.9% | ||
| Q1 25 | — | -67.3% | ||
| Q4 24 | — | -0.9% | ||
| Q3 24 | — | 31.4% | ||
| Q2 24 | — | 11.5% | ||
| Q1 24 | — | 9.5% |
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | 0.0% | 1.2% | ||
| Q3 24 | 0.0% | 0.4% | ||
| Q2 24 | 0.0% | 3.0% | ||
| Q1 24 | 0.0% | 2.9% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | 1.55× | — | ||
| Q3 24 | 1.40× | — | ||
| Q2 24 | 1.23× | — | ||
| Q1 24 | 1.27× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
OSUR
| Product And Services | $24.9M | 93% |
| Other | $1.9M | 7% |
