Alliance Resource Partners, L.P. (ARLP) vs Natural Resource Partners L.P. (NRP)
A side-by-side comparison of Alliance Resource Partners, L.P. and Natural Resource Partners L.P. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
ARLP
Alliance Resource Partners, L.P.
$24.65EnergyDelayed quote: Oct 6, 2026, 12:55 PM EDT
NRP
Natural Resource Partners L.P.
$110.00EnergyDelayed quote: Oct 6, 2026, 12:49 PM EDT
Total return — ARLP vs NRP
growth of $100 · dividends reinvested · last 10yARLP +184.8% (+11.0%/yr)NRP +657.8% (+22.4%/yr)NRP compounded faster over this window
ARLP NRP
ARLP vs NRP: by the numbers
- •ARLP is the larger company ($3.17B vs $1.46B market cap).
- •ARLP trades at the lower trailing earnings multiple (11.97 vs 14.03 P/E), one valuation lens rather than an overall verdict.
- •NRP converts more revenue to profit (54.00% vs 12.25% net margin).
- •ARLP grew revenue faster over the past five years (9.16% vs 7.90% CAGR).
- •ARLP pays the higher dividend yield (9.68% vs 2.84%).
Metrics side by side
Valuation
| Metric | ARLP | NRP |
|---|---|---|
| P/E ratio | 11.97 | 14.03 |
| Forward P/E | 10.22 | 24.69 |
| P/S ratio | 1.46 | 7.53 |
| P/B ratio | 1.79 | 2.24 |
| EV / EBITDA | 5.40 | 9.89 |
| FCF yield | 11.04% | 10.97% |
Profitability
| Metric | ARLP | NRP |
|---|---|---|
| Gross margin | 24.41% | 81.55% |
| Operating margin | 16.44% | 62.58% |
| Net margin | 12.25% | 54.00% |
| ROE | 15.06% | 16.09% |
| ROIC | 12.27% | 16.32% |
Dividends
| Metric | ARLP | NRP |
|---|---|---|
| Dividend yield | 9.68% | 2.84% |
| Payout ratio | 116.50% | 39.80% |
Growth (annualized)
| Metric | ARLP | NRP |
|---|---|---|
| Revenue CAGR (5Y) | 9.16% | 7.90% |
| FCF CAGR (5Y) | 2.76% | 16.63% |
| Total return CAGR (5Y) | 28.29% | 41.67% |
Frequently asked
- Which has the lower trailing P/E, ARLP or NRP?
- ARLP has the lower trailing P/E: ARLP trades at 11.97 and NRP at 14.03. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ARLP or NRP?
- Over the past five years, ARLP grew revenue faster — ARLP at a 9.16% CAGR versus NRP at 7.90%.
- Does ARLP or NRP pay a bigger dividend?
- ARLP yields 9.68% and NRP yields 2.84% based on trailing dividends and the latest price.
- Is ARLP or NRP more profitable?
- NRP runs the higher net margin — ARLP at 12.25% versus NRP at 54.00%.
- How have ARLP and NRP total returns compared?
- Over the past 10 years, ARLP delivered 11.04% and NRP delivered 21.43% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Alliance Resource Partners, L.P. P/E ratioNatural Resource Partners L.P. P/E ratioAlliance Resource Partners, L.P. dividend yieldNatural Resource Partners L.P. dividend yieldAlliance Resource Partners, L.P. ROENatural Resource Partners L.P. ROEAlliance Resource Partners, L.P. operating marginNatural Resource Partners L.P. operating marginAlliance Resource Partners, L.P. revenue growthNatural Resource Partners L.P. revenue growthAlliance Resource Partners, L.P. free cash flowNatural Resource Partners L.P. free cash flow
Alliance Resource Partners, L.P. & Natural Resource Partners L.P. appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.