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Side-by-side financial comparison of NATURAL RESOURCE PARTNERS LP (NRP) and Sila Realty Trust, Inc. (SILA). 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 $50.1M, roughly 1.0× Sila Realty Trust, Inc.). NATURAL RESOURCE PARTNERS LP runs the higher net margin — 78.5% vs 10.0%, a 68.5% gap on every dollar of revenue. On growth, Sila Realty Trust, Inc. posted the faster year-over-year revenue change (7.6% vs -21.8%). Over the past eight quarters, Sila Realty Trust, Inc.'s revenue compounded faster (-0.6% 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.
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.
NRP vs SILA — Head-to-Head
Income Statement — Q1 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $51.3M | $50.1M |
| Net Profit | $40.3M | $5.0M |
| Gross Margin | — | 88.9% |
| Operating Margin | 83.7% | — |
| Net Margin | 78.5% | 10.0% |
| Revenue YoY | -21.8% | 7.6% |
| Net Profit YoY | -28.4% | -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.
| Q4 25 | — | $50.1M | ||
| Q3 25 | — | $49.8M | ||
| Q2 25 | — | $48.7M | ||
| Q1 25 | $51.3M | $48.3M | ||
| Q4 24 | $61.8M | $46.5M | ||
| Q3 24 | $50.4M | $46.1M | ||
| Q2 24 | $54.6M | $43.6M | ||
| Q1 24 | $65.6M | $50.6M |
| Q4 25 | — | $5.0M | ||
| Q3 25 | — | $11.6M | ||
| Q2 25 | — | $8.6M | ||
| Q1 25 | $40.3M | $7.9M | ||
| Q4 24 | $42.8M | $11.1M | ||
| Q3 24 | $38.6M | $11.9M | ||
| Q2 24 | $46.1M | $4.6M | ||
| Q1 24 | $56.2M | $15.0M |
| 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% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 83.7% | — | ||
| Q4 24 | 74.9% | — | ||
| Q3 24 | 84.9% | — | ||
| Q2 24 | 92.3% | — | ||
| Q1 24 | 91.0% | — |
| Q4 25 | — | 10.0% | ||
| Q3 25 | — | 23.3% | ||
| Q2 25 | — | 17.6% | ||
| Q1 25 | 78.5% | 16.4% | ||
| Q4 24 | 69.2% | 23.9% | ||
| Q3 24 | 76.6% | 25.9% | ||
| Q2 24 | 84.4% | 10.6% | ||
| Q1 24 | 85.7% | 29.6% |
| 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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $30.9M | $32.3M |
| Total DebtLower is stronger | $138.8M | — |
| Stockholders' EquityBook value | — | $1.3B |
| Total Assets | $772.5M | $2.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $32.3M | ||
| Q3 25 | — | $27.7M | ||
| Q2 25 | — | $24.8M | ||
| Q1 25 | $30.9M | $30.5M | ||
| Q4 24 | $30.4M | $39.8M | ||
| Q3 24 | $30.9M | $28.6M | ||
| Q2 24 | $32.3M | $87.0M | ||
| Q1 24 | $11.0M | $90.2M |
| 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 | — | $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 |
| Q4 25 | — | $2.1B | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | $772.5M | $2.0B | ||
| Q4 24 | $772.9M | $2.0B | ||
| Q3 24 | $772.9M | $2.0B | ||
| Q2 24 | $789.6M | $2.1B | ||
| Q1 24 | $772.9M | $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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $34.4M | $119.1M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 0.86× | 23.76× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $119.1M | ||
| Q3 25 | — | $30.0M | ||
| Q2 25 | — | $31.9M | ||
| Q1 25 | $34.4M | $24.1M | ||
| Q4 24 | $66.2M | $132.8M | ||
| Q3 24 | $54.1M | $29.1M | ||
| Q2 24 | $56.6M | $31.6M | ||
| Q1 24 | $71.5M | $36.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 0.0% | — |
| Q4 25 | — | 23.76× | ||
| Q3 25 | — | 2.59× | ||
| Q2 25 | — | 3.71× | ||
| Q1 25 | 0.86× | 3.06× | ||
| Q4 24 | 1.55× | 11.95× | ||
| Q3 24 | 1.40× | 2.43× | ||
| Q2 24 | 1.23× | 6.84× | ||
| Q1 24 | 1.27× | 2.44× |
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% |
SILA
Segment breakdown not available.
