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Side-by-side financial comparison of NATURAL RESOURCE PARTNERS LP (NRP) and SOUTHERN FIRST BANCSHARES INC (SFST). 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 $31.8M, roughly 1.6× SOUTHERN FIRST BANCSHARES INC). On growth, SOUTHERN FIRST BANCSHARES INC posted the faster year-over-year revenue change (26.1% vs -21.8%). Over the past eight quarters, SOUTHERN FIRST BANCSHARES INC's revenue compounded faster (22.2% CAGR vs -8.3%).

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.

First Community Bankshares, Inc. is a $2.43 billion bank holding company and the parent company of First Community Bank of Bluefield, Virginia, in the United States. As of 2012 First Community Bank had 45 locations in Virginia, West Virginia, and North Carolina, and two locations operating as Peoples Community Bank in Tennessee. As of April 21, 2023, First Community had $3.6 billion in assets.

NRP vs SFST — Head-to-Head

Bigger by revenue
NRP
NRP
1.6× larger
NRP
$51.3M
$31.8M
SFST
Growing faster (revenue YoY)
SFST
SFST
+48.0% gap
SFST
26.1%
-21.8%
NRP
Faster 2-yr revenue CAGR
SFST
SFST
Annualised
SFST
22.2%
-8.3%
NRP

Income Statement — Q1 FY2025 vs Q4 FY2025

Metric
NRP
NRP
SFST
SFST
Revenue
$51.3M
$31.8M
Net Profit
$40.3M
Gross Margin
Operating Margin
83.7%
40.1%
Net Margin
78.5%
Revenue YoY
-21.8%
26.1%
Net Profit YoY
-28.4%
EPS (diluted)
$1.19

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
NRP
NRP
SFST
SFST
Q4 25
$31.8M
Q3 25
$31.1M
Q2 25
$28.6M
Q1 25
$51.3M
$26.5M
Q4 24
$61.8M
$25.2M
Q3 24
$50.4M
$23.8M
Q2 24
$54.6M
$23.1M
Q1 24
$65.6M
$21.3M
Net Profit
NRP
NRP
SFST
SFST
Q4 25
Q3 25
$8.7M
Q2 25
$6.6M
Q1 25
$40.3M
$5.3M
Q4 24
$42.8M
Q3 24
$38.6M
$4.4M
Q2 24
$46.1M
$3.0M
Q1 24
$56.2M
$2.5M
Operating Margin
NRP
NRP
SFST
SFST
Q4 25
40.1%
Q3 25
36.4%
Q2 25
30.0%
Q1 25
83.7%
26.1%
Q4 24
74.9%
27.3%
Q3 24
84.9%
24.1%
Q2 24
92.3%
17.0%
Q1 24
91.0%
15.9%
Net Margin
NRP
NRP
SFST
SFST
Q4 25
Q3 25
27.8%
Q2 25
23.0%
Q1 25
78.5%
19.9%
Q4 24
69.2%
Q3 24
76.6%
18.4%
Q2 24
84.4%
13.0%
Q1 24
85.7%
11.8%
EPS (diluted)
NRP
NRP
SFST
SFST
Q4 25
$1.19
Q3 25
$1.07
Q2 25
$0.81
Q1 25
$0.65
Q4 24
$0.69
Q3 24
$0.54
Q2 24
$0.37
Q1 24
$0.31

Balance Sheet & Financial Strength

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

Metric
NRP
NRP
SFST
SFST
Cash + ST InvestmentsLiquidity on hand
$30.9M
Total DebtLower is stronger
$138.8M
Stockholders' EquityBook value
$368.7M
Total Assets
$772.5M
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NRP
NRP
SFST
SFST
Q4 25
Q3 25
Q2 25
Q1 25
$30.9M
Q4 24
$30.4M
Q3 24
$30.9M
Q2 24
$32.3M
Q1 24
$11.0M
Total Debt
NRP
NRP
SFST
SFST
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
Stockholders' Equity
NRP
NRP
SFST
SFST
Q4 25
$368.7M
Q3 25
$356.3M
Q2 25
$345.5M
Q1 25
$337.6M
Q4 24
$330.4M
Q3 24
$326.5M
Q2 24
$318.7M
Q1 24
$315.3M
Total Assets
NRP
NRP
SFST
SFST
Q4 25
$4.4B
Q3 25
$4.4B
Q2 25
$4.3B
Q1 25
$772.5M
$4.3B
Q4 24
$772.9M
$4.1B
Q3 24
$772.9M
$4.2B
Q2 24
$789.6M
$4.1B
Q1 24
$772.9M
$4.1B

Cash Flow & Capital Efficiency

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

Metric
NRP
NRP
SFST
SFST
Operating Cash FlowLast quarter
$34.4M
$30.5M
Free Cash FlowOCF − Capex
$29.9M
FCF MarginFCF / Revenue
93.8%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
0.86×
TTM Free Cash FlowTrailing 4 quarters
$62.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NRP
NRP
SFST
SFST
Q4 25
$30.5M
Q3 25
$14.5M
Q2 25
$10.5M
Q1 25
$34.4M
$7.6M
Q4 24
$66.2M
$25.6M
Q3 24
$54.1M
$26.3M
Q2 24
$56.6M
$4.0M
Q1 24
$71.5M
$-2.9M
Free Cash Flow
NRP
NRP
SFST
SFST
Q4 25
$29.9M
Q3 25
$14.4M
Q2 25
$10.4M
Q1 25
$7.4M
Q4 24
$24.8M
Q3 24
$26.1M
Q2 24
$3.9M
Q1 24
$-3.2M
FCF Margin
NRP
NRP
SFST
SFST
Q4 25
93.8%
Q3 25
46.3%
Q2 25
36.3%
Q1 25
28.1%
Q4 24
98.2%
Q3 24
110.0%
Q2 24
16.8%
Q1 24
-15.0%
Capex Intensity
NRP
NRP
SFST
SFST
Q4 25
1.8%
Q3 25
0.3%
Q2 25
0.3%
Q1 25
0.5%
Q4 24
0.0%
3.1%
Q3 24
0.0%
0.8%
Q2 24
0.0%
0.4%
Q1 24
0.0%
1.3%
Cash Conversion
NRP
NRP
SFST
SFST
Q4 25
Q3 25
1.67×
Q2 25
1.59×
Q1 25
0.86×
1.44×
Q4 24
1.55×
Q3 24
1.40×
6.01×
Q2 24
1.23×
1.32×
Q1 24
1.27×
-1.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NRP
NRP

Coal Royalty Revenues$35.5M69%
Soda Ash Segment$4.6M9%
Transportation And Processing Services$4.4M9%
Production Lease Minimum Revenues$2.7M5%
Oil And Gas Royalty Revenues$2.4M5%
Other$1.6M3%

SFST
SFST

Segment breakdown not available.

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