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.

Compare

Total return — ARLP vs NRP

growth of $100 · dividends reinvested · last 10y
ARLP +184.8% (+11.0%/yr)NRP +657.8% (+22.4%/yr)NRP compounded faster over this window
0200400600800Start $10020182020202220242026$285$758
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

MetricARLPNRP
P/E ratio11.9714.03
Forward P/E10.2224.69
P/S ratio1.467.53
P/B ratio1.792.24
EV / EBITDA5.409.89
FCF yield11.04%10.97%

Profitability

MetricARLPNRP
Gross margin24.41%81.55%
Operating margin16.44%62.58%
Net margin12.25%54.00%
ROE15.06%16.09%
ROIC12.27%16.32%

Dividends

MetricARLPNRP
Dividend yield9.68%2.84%
Payout ratio116.50%39.80%

Growth (annualized)

MetricARLPNRP
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.

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.