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Dorchester Minerals (DMLP) Financials

Dorchester Minerals logo
$26.50 +0.48 (+1.84%)
Closing price 04:00 PM Eastern
Extended Trading
$26.58 +0.07 (+0.28%)
As of 04:20 PM Eastern
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Annual Income Statements for Dorchester Minerals

Annual Income Statements for Dorchester Minerals

This table shows Dorchester Minerals' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 13 20 37 52 51 -7.46 68 126 110 89 55
Consolidated Net Income / (Loss)		 13 21 38 52 53 22 70 131 114 92 57
Net Income / (Loss) Continuing Operations		 13 21 38 54 53 -7.46 70 131 114 92 57
Total Pre-Tax Income 		13 21 38 54 53 -7.46 70 131 114 92 57
Total Revenue		 32 38 57 73 79 0.00 93 171 164 162 153
Net Interest Income / (Expense)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Income		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Non-Interest Income		 32 38 57 73 79 0.00 93 171 164 162 153
Other Non-Interest Income		 32 38 57 73 79 - 93 171 164 162 153
Total Non-Interest Expense		 19 17 19 19 26 7.46 23 40 50 69 95
Other Operating Expenses		 8.55 8.08 9.57 7.66 9.13 7.46 8.86 15 17 19 19
Depreciation Expense		 10 8.51 9.30 8.95 13 - 10 19 26 43 66
Other Special Charges		 - - - 2.76 3.60 - 3.93 6.31 6.44 7.67 10
Other Adjustment to Net Income / (Loss) Attributable to Common Shareholders)		 0.51 0.74 1.34 - 1.73 - -2.35 -4.49 -3.73 -3.25 -2.10
Basic Earnings per Share		 $0.42 $0.66 $1.18 $1.61 $1.50 - $1.94 $3.35 $2.85 $2.13 $1.16
Weighted Average Basic Shares Outstanding		 30.68M 30.68M 31.49M 32.28M 34.13M 34.68M 35.05M 37.62M 38.78M 41.81M 47.65M
Weighted Average Diluted Shares Outstanding		 30.68M 30.68M 31.49M 32.28M 34.13M 34.68M 35.05M 37.62M 39.58M 47.34M 48.26M
Weighted Average Basic & Diluted Shares Outstanding		 30.68M 30.68M 31.49M 32.28M 34.13M 34.68M 35.05M 37.62M 39.58M 47.34M 48.26M

Quarterly Income Statements for Dorchester Minerals

This table shows Dorchester Minerals' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 28 35 18 23 35 14 17 12 11 16 28
Consolidated Net Income / (Loss)		 29 37 18 24 36 14 18 12 11 16 29
Net Income / (Loss) Continuing Operations		 29 37 18 24 36 14 18 12 11 16 29
Total Pre-Tax Income 		29 37 18 24 36 14 18 12 11 16 29
Total Revenue		 43 50 31 37 53 40 43 32 35 42 59
Net Interest Income / (Expense)		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Interest Income		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Interest Expense		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Non-Interest Income		 43 50 31 37 53 40 43 32 35 42 59
Other Non-Interest Income		 43 50 31 37 53 40 43 32 35 42 59
Total Non-Interest Expense		 13 14 13 14 17 25 26 20 24 26 30
Other Operating Expenses		 2.80 8.68 3.27 2.55 2.88 10 4.32 2.82 2.93 9.09 4.26
Depreciation Expense		 6.62 7.71 6.92 7.67 10 18 17 15 17 18 21
Other Special Charges		 3.71 -2.75 2.62 3.52 4.14 -2.60 4.45 2.52 4.33 -1.27 4.57
Other Adjustment to Net Income / (Loss) Attributable to Common Shareholders)		 -1.03 -1.28 -0.61 -0.83 -1.27 -0.55 -0.63 -0.44 -0.41 -0.62 -0.88
Basic Earnings per Share		 $0.73 $0.91 $0.44 $0.57 $0.87 $0.25 $0.36 $0.25 $0.23 $0.32 $0.59
Weighted Average Basic Shares Outstanding		 38.79M 38.78M 39.61M 40.09M 40.17M 41.81M 47.34M 47.34M 47.67M 47.65M 48.26M
Weighted Average Diluted Shares Outstanding		 39.58M 39.58M 40.09M 40.09M 47.34M 47.34M 47.34M 47.34M 48.26M 48.26M 48.26M
Weighted Average Basic & Diluted Shares Outstanding		 39.58M 39.58M 40.09M 40.09M 47.34M 47.34M 47.34M 47.34M 48.26M 48.26M 48.26M

Annual Cash Flow Statements for Dorchester Minerals

This table details how cash moves in and out of Dorchester Minerals' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 -8.78 1.08 5.62 4.46 -2.95 -4.11 17 12 6.27 -4.52 -0.57
Net Cash From Operating Activities		 28 28 44 63 66 39 70 147 140 133 132
Net Cash From Continuing Operating Activities		 28 28 44 9.23 66 39 70 147 140 133 132
Net Income / (Loss) Continuing Operations		 13 21 38 0.00 53 22 70 131 114 92 57
Consolidated Net Income / (Loss)		 13 21 38 - 53 22 70 131 114 92 57
Depreciation Expense		 10 8.51 9.30 8.95 13 12 10 19 26 43 66
Non-Cash Adjustments to Reconcile Net Income		 - - - 0.00 -0.25 -0.31 - 0.21 -0.09 - 0.16
Changes in Operating Assets and Liabilities, net		 4.42 -1.14 -3.68 0.32 0.04 5.70 -11 -2.85 -0.50 -2.58 8.67
Net Cash From Investing Activities		 0.14 0.00 -0.62 -0.06 1.85 6.13 2.58 2.09 2.28 15 3.89
Net Cash From Continuing Investing Activities		 0.14 0.00 -0.62 0.02 1.85 6.13 2.58 2.09 2.28 15 3.89
Purchase of Property, Leasehold Improvements and Equipment		 0.00 0.00 -1.06 - - - - 2.09 2.28 15 3.89
Net Cash From Financing Activities		 0.00 0.00 0.00 58 -71 0.00 -56 -137 -136 -152 -137
Net Cash From Continuing Financing Activities		 0.00 0.00 0.00 58 -71 0.00 -56 -137 -136 -152 -137
Payment of Dividends		 - - - 58 71 - -56 -137 -136 -152 -137

Quarterly Cash Flow Statements for Dorchester Minerals

This table details how cash moves in and out of Dorchester Minerals' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 -26 105 -9.29 -32 -22 87 -0.96 -5.03 5.09 0.33 -14
Net Cash From Operating Activities		 34 38 28 29 44 32 33 31 34 34 24
Net Cash From Continuing Operating Activities		 - 140 0.00 - - 133 33 - - 132 24
Net Income / (Loss) Continuing Operations		 - 114 0.00 - - 92 18 - - 57 29
Consolidated Net Income / (Loss)		 - - - - - - 18 - - - 29
Depreciation Expense		 - - - - - - 17 - - - 21
Amortization Expense		 - - - - - - 0.04 - - - 0.04
Changes in Operating Assets and Liabilities, net		 - - - - - - -1.05 - - - -26
Net Cash From Investing Activities		 1.46 0.28 4.16 0.44 6.71 3.42 1.94 0.09 1.33 0.54 0.00
Net Cash From Continuing Investing Activities		 1.46 0.28 4.16 0.44 6.71 3.42 1.94 0.09 1.33 0.54 0.00
Purchase of Property, Leasehold Improvements and Equipment		 1.46 0.28 4.16 0.44 6.71 3.42 1.94 0.09 1.33 0.54 0.00
Net Cash From Financing Activities		 - -136 -41 - - -152 -36 -36 -30 -35 -38
Net Cash From Continuing Financing Activities		 - -136 -41 - - -152 -36 -36 -30 -35 -38
Payment of Dividends		 - - -41 - - - -36 -36 -30 -35 -38

Annual Balance Sheets for Dorchester Minerals

This table presents Dorchester Minerals' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 74 67 92 88 117 88 28 176 191 367 310
Cash and Due from Banks		 7.14 8.21 14 18 15 11 28 41 47 43 42
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 61 52 66 59 88 69 - 112 120 298 250
Other Assets		 5.66 6.58 12 318 -305 8.38 - 23 23 26 17
Total Liabilities & Shareholders' Equity		 74 67 92 88 117 88 0.29 176 191 367 310
Total Liabilities		 0.56 0.28 1.30 1.28 4.55 3.76 0.29 4.73 5.51 5.02 4.32
Other Long-Term Liabilities		 0.56 0.28 1.30 2.62 2.19 3.76 - 4.73 5.51 5.02 4.32
Commitments & Contingencies		 - 0.00 0.00 0.00 0.00 0.00 - 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 73 67 91 85 112 85 0.00 172 186 362 305
Total Preferred & Common Equity		 73 67 91 85 112 85 0.00 172 186 362 305
Total Common Equity		 73 67 91 85 112 85 0.00 172 186 362 305
Common Stock		 71 65 89 85 111 84 - 171 185 364 310
Other Equity Adjustments		 2.00 1.81 1.78 - 1.23 0.54 - 0.68 0.11 -2.00 -4.83

Quarterly Balance Sheets for Dorchester Minerals

This table presents Dorchester Minerals' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 195 50 153 192 185 176 403 349 326 330 302
Cash and Due from Banks		 52 45 35 43 38 35 56 42 37 42 28
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 118 - 100 128 125 118 316 280 265 267 227
Other Assets		 25 4.61 17 20 22 23 30 27 24 21 47
Total Liabilities & Shareholders' Equity		 195 0.28 153 192 185 176 403 349 326 330 302
Total Liabilities		 6.89 0.28 7.79 8.85 5.46 5.49 6.89 5.90 5.79 6.80 4.94
Other Long-Term Liabilities		 6.89 - 7.79 8.85 5.46 5.49 6.89 5.90 5.79 6.80 4.94
Commitments & Contingencies		 0.00 - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 188 0.00 145 183 179 171 396 343 320 324 297
Total Preferred & Common Equity		 188 0.00 145 183 179 171 396 343 320 324 297
Total Common Equity		 188 0.00 145 183 179 171 396 343 320 324 297
Common Stock		 187 - 145 183 180 172 397 346 323 328 302
Other Equity Adjustments		 1.43 - -0.06 0.04 -0.80 -1.07 -0.77 -2.66 -3.50 -4.22 -5.17

Annual Metrics And Ratios for Dorchester Minerals

This table displays calculated financial ratios and metrics derived from Dorchester Minerals' official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Growth Metrics		 - - - - - - - - - - -
Profitability Metrics		 - - - - - - - - - - -
Valuation Ratios		 - - - - - - - - - - -
Leverage & Solvency		 - - - - - - - - - - -
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Efficiency Ratios		 - - - - - - - - - - -
Capital & Investment Metrics		 - - - - - - - - - - -
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.42 $0.66 $1.18 $1.61 $1.50 $0.61 $1.94 $0.00 $2.85 $2.13 $1.16
Adjusted Weighted Average Basic Shares Outstanding		 30.68M 30.68M 32.28M 32.28M 34.68M 34.68M 36.98M 37.62M 38.78M 41.81M 47.65M
Adjusted Diluted Earnings per Share		 $0.42 $0.66 $1.18 $1.61 $1.50 $0.61 $1.94 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 30.68M 30.68M 32.28M 32.28M 34.68M 34.68M 36.98M 37.62M 39.58M 47.34M 48.26M
Adjusted Basic & Diluted Earnings per Share		 $0.42 $0.66 $1.18 $1.61 $1.50 $0.61 $1.94 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 30.68M 30.68M 31.49M 32.28M 34.13M 34.68M 35.05M 37.62M 39.58M 47.34M 48.26M
Debt Service Ratios		 - - - - - - - - - - -
Payout Ratios		 - - - - - - - - - - -

Quarterly Metrics And Ratios for Dorchester Minerals

This table displays calculated financial ratios and metrics derived from Dorchester Minerals' official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 - - - - - - - - - - 48,255,450.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 48,255,450.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - 0.60
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -3.32% -36.41% -22.87% 22.02% 25.54% -21.24% 39.33% -13.29% -33.77% - 36.40%
EBITDA Growth		 -6.15% -27.21% -27.73% 24.47% 28.75% -27.62% 37.13% -13.54% -39.38% - 45.41%
EBIT Growth		 -13.85% -39.83% -35.28% 19.31% 23.59% -61.28% -2.89% -47.74% -69.32% - 65.16%
NOPAT Growth		 -13.85% -39.83% -35.28% 19.31% 23.59% -61.28% -2.89% -47.74% -69.32% - 65.16%
Net Income Growth		 -13.85% 29.24% -35.28% 19.31% 23.59% -61.28% -2.89% -47.74% -69.32% - 65.16%
EPS Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Operating Cash Flow Growth		 -26.32% 12.61% -27.82% 0.29% 29.17% -16.84% 19.41% 3.74% -21.65% - -28.39%
Free Cash Flow Firm Growth		 171.21% 127.70% -178.69% -103.46% -615.61% -812.33% -30.98% -8,534.68% 147.60% - 151.72%
Invested Capital Growth		 -2.54% 8.19% 261.53% 17.35% 116.13% 94.97% 91.32% 87.54% -18.39% - -13.54%
Revenue Q/Q Growth		 39.11% 18.37% -38.56% 20.60% 43.13% -25.73% 8.69% -24.95% 9.33% - 40.66%
EBITDA Q/Q Growth		 43.52% 23.30% -43.61% 24.74% 48.44% -30.68% 6.83% -21.35% 4.09% - 47.16%
EBIT Q/Q Growth		 48.77% 24.83% -50.61% 30.06% 54.11% -60.89% 23.88% -30.01% -9.51% - 79.97%
NOPAT Q/Q Growth		 48.77% 24.83% -50.61% 30.06% 54.11% -60.89% 23.88% -30.01% -9.51% - 79.97%
Net Income Q/Q Growth		 48.77% 24.83% -50.61% 30.06% 54.11% -60.89% 23.88% -30.01% -9.51% - 79.97%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Operating Cash Flow Q/Q Growth		 15.37% 12.03% -26.24% 5.20% 48.60% -27.88% 5.91% -8.60% 12.22% - -30.32%
Free Cash Flow Firm Q/Q Growth		 -25.29% -33.61% -590.64% 98.58% -11,035.69% 8.28% 9.78% 6.29% 161.39% - 3.92%
Invested Capital Q/Q Growth		 26.22% 1.16% -3.34% -4.91% 132.47% -8.75% -5.16% -6.79% 1.17% - -2.80%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 84.71% 88.24% 80.98% 83.76% 86.88% 81.09% 79.70% 83.52% 79.52% - 85.07%
EBIT Margin		 69.17% 72.95% 58.64% 63.24% 68.10% 35.86% 40.87% 38.11% 31.55% - 49.49%
Profit (Net Income) Margin		 69.17% 72.95% 58.64% 63.24% 68.10% 35.86% 40.87% 38.11% 31.55% - 49.49%
Tax Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% - 100.00%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% - 100.00%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Return on Invested Capital (ROIC)		 71.71% 66.93% 79.20% 64.61% 40.45% 21.17% 27.18% 26.23% 13.20% - 26.07%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 79.20% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 21.91% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Return on Equity (ROE)		 0.00% 0.00% 101.11% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Cash Return on Invested Capital (CROIC)		 77.09% 56.05% -22.30% 52.44% -33.81% -30.61% -27.51% -28.00% 35.64% - 36.04%
Operating Return on Assets (OROA)		 68.80% 65.06% 77.35% 62.00% 39.38% 20.77% 26.60% 25.64% 12.96% - 25.64%
Return on Assets (ROA)		 68.80% 65.06% 77.35% 62.00% 39.38% 20.77% 26.60% 25.64% 12.96% - 25.64%
Return on Common Equity (ROCE)		 0.00% 0.00% 101.11% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Return on Equity Simple (ROE_SIMPLE)		 57.67% 0.00% 58.11% 63.35% 29.00% 0.00% 26.79% 25.21% 17.12% - 23.21%
Net Operating Profit after Tax (NOPAT)		 29 37 18 24 36 14 18 12 11 - 29
NOPAT Margin		 69.17% 72.95% 58.64% 63.24% 68.10% 35.86% 40.87% 38.11% 31.55% - 49.49%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Operating Expenses to Revenue		 30.83% 27.05% 41.36% 36.76% 31.90% 64.14% 59.13% 61.89% 68.45% - 50.51%
Earnings before Interest and Taxes (EBIT)		 29 37 18 24 36 14 18 12 11 - 29
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 36 44 25 31 46 32 34 27 28 - 50
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 5.47 5.95 6.65 7.09 3.49 4.26 4.05 4.03 3.76 - 4.33
Price to Tangible Book Value (P/TBV)		 5.47 5.95 6.65 7.09 3.49 4.26 4.05 4.03 3.76 - 4.33
Price to Revenue (P/Rev)		 5.21 6.75 7.71 7.49 8.03 9.54 8.00 7.64 8.06 - 7.63
Price to Earnings (P/E)		 7.48 10.01 11.85 11.59 12.47 17.27 15.67 16.58 22.77 - 19.33
Dividend Yield		 14.55% 12.17% 11.83% 10.98% 11.42% 10.72% 10.97% 11.62% 12.24% - 10.48%
Earnings Yield		 13.37% 9.99% 8.44% 8.63% 8.02% 5.79% 6.38% 6.03% 4.39% - 5.17%
Enterprise Value to Invested Capital (EV/IC)		 5.23 5.70 6.44 6.88 3.35 4.14 3.93 3.92 3.63 - 4.24
Enterprise Value to Revenue (EV/Rev)		 4.98 6.46 7.47 7.27 7.71 9.28 7.76 7.42 7.79 - 7.46
Enterprise Value to EBITDA (EV/EBITDA)		 6.93 7.53 8.83 8.57 9.01 11.08 9.34 8.94 9.63 - 9.03
Enterprise Value to EBIT (EV/EBIT)		 6.93 9.27 11.08 10.86 11.54 16.21 14.66 15.53 21.18 - 18.26
Enterprise Value to NOPAT (EV/NOPAT)		 6.93 9.27 11.08 10.86 11.54 16.21 14.66 15.53 21.18 - 18.26
Enterprise Value to Operating Cash Flow (EV/OCF)		 7.08 7.57 8.95 9.09 9.55 11.30 9.76 9.00 9.05 - 10.22
Enterprise Value to Free Cash Flow (EV/FCFF)		 6.70 10.57 0.00 14.17 0.00 0.00 0.00 0.00 9.15 - 10.91
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Financial Leverage		 0.00 0.00 0.28 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Leverage Ratio		 1.04 1.03 1.31 1.04 1.03 1.02 1.02 1.02 1.02 - 1.02
Compound Leverage Factor		 1.04 1.03 1.31 1.04 1.03 1.02 1.02 1.02 1.02 - 1.02
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Common Equity to Total Capital		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% - 100.00%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 34 23 -112 -1.59 -177 -162 -146 -137 84 - 76
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.99 0.89 1.32 0.98 0.58 0.58 0.65 0.67 0.41 - 0.52
Fixed Asset Turnover		 1.56 1.41 0.00 1.48 0.77 0.77 0.86 0.88 0.52 - 0.67
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 183 186 179 171 396 362 343 320 324 - 297
Invested Capital Turnover		 1.04 0.92 1.35 1.02 0.59 0.59 0.66 0.69 0.42 - 0.53
Increase / (Decrease) in Invested Capital		 -4.79 14 130 25 213 176 164 149 -73 - -46
Enterprise Value (EV)		 959 1,058 1,155 1,173 1,327 1,498 1,348 1,252 1,174 - 1,257
Market Capitalization		 1,003 1,105 1,193 1,209 1,384 1,541 1,389 1,289 1,215 - 1,286
Book Value per Share		 $4.74 $4.69 $4.53 $4.25 $9.89 $7.64 $7.25 $6.76 $6.84 - $6.15
Tangible Book Value per Share		 $4.74 $4.69 $4.53 $4.25 $9.89 $7.64 $7.25 $6.76 $6.84 - $6.15
Total Capital		 183 186 179 171 396 362 343 320 324 - 297
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Net Debt		 -43 -47 -38 -35 -56 -43 -42 -37 -42 - -28
Capital Expenditures (CapEx)		 -1.46 -0.28 -4.16 -0.44 -6.71 -3.42 -1.94 -0.09 -1.33 - 0.00
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Net Nonoperating Obligations (NNO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Total Depreciation and Amortization (D&A)		 6.62 7.71 6.92 7.67 10 18 17 15 17 - 21
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.73 $0.91 $0.44 $0.57 $0.87 $0.25 $0.36 $0.25 $0.23 $0.32 $0.59
Adjusted Weighted Average Basic Shares Outstanding		 38.79M 38.78M 39.61M 40.09M 40.17M 41.81M 47.34M 47.34M 47.67M 47.65M 48.26M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 39.58M 39.58M 40.09M 40.09M 47.34M 47.34M 47.34M 47.34M 48.26M 48.26M 48.26M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 39.58M 39.58M 40.09M 40.09M 47.34M 47.34M 47.34M 47.34M 48.26M 48.26M 48.26M
Normalized Net Operating Profit after Tax (NOPAT)		 23 24 15 19 28 8.15 15 10 11 - 24
Normalized NOPAT Margin		 54.52% 47.24% 46.98% 50.86% 53.08% 20.52% 35.82% 32.12% 30.64% - 40.07%
Pre Tax Income Margin		 69.17% 72.95% 58.64% 63.24% 68.10% 35.86% 40.87% 38.11% 31.55% - 49.49%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 119.05% 0.00% 0.00% 0.00% 164.29% 159.66% 185.97% 273.16% - 200.94%
Augmented Payout Ratio		 0.00% 119.05% 0.00% 0.00% 0.00% 164.29% 159.66% 185.97% 273.16% - 200.94%

Financials Breakdown Chart

Key Financial Trends

Here are notable trends from Dorchester Minerals (DMLP) based on the quarterly statements in the provided JSON data, focusing on the latest four years of results.

  • Q4 2025 Total Revenue: 41,857,000 USD, indicating a solid, seasonally stable revenue base in the low-to-mid 40 million range.
  • Q4 2025 Net Income Attributable to Common Shareholders: 15,570,000 USD, suggesting ongoing profitability at the bottom-line level.
  • Q4 2025 Net Cash From Operating Activities: 132,485,000 USD, signaling strong cash generation from core operations.
  • Q4 2025 Cash Dividends per Share: 0.6202 USD, indicating a continued, predictable payout policy to shareholders.
  • Q3 2025 Net Change in Cash & Equivalents: 5,092,000 USD (positive), showing a quarterly cash build from operations/investor activity.
  • Balance sheet backdrop: In 2025, Total Assets typically sit in the 325–350 million range, with Total Common Equity around 319–343 million, indicating a robust equity base and sizable asset base.
  • Low leverage: Total Liabilities in 2025 are modest (roughly 5.8–6.8 million), implying minimal reported leverage relative to asset size.
  • Earnings and earnings-per-share variability: Quarterly earnings per share and net income show fluctuations across 2023–2025, reflecting earnings volatility typical for a royalty/placeholder energy asset during different macro periods.
  • Liquidity position: Cash and cash equivalents hover around 41 million in 2025 quarters, providing liquidity to fund distributions and near-term obligations.
  • Financing activities can be cash outflows: Several quarters show sizable negative net cash from financing activities (e.g., Q4 2025 net financing cash outflow of about 34.5 million; Q1 2025 around 36.3 million), which can press cash flow despite strong operating cash flow.
  • Periodic negative net change in cash: Q2 2025 (-5.031 million) and Q1 2025 (-9.63 million) show occasional liquidity dips, even when operating cash flow remains positive.
05/11/26 05:05 PM ETAI Generated. May Contain Errors.

Dorchester Minerals Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Dorchester Minerals' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Dorchester Minerals' net income appears to be on an upward trend, with a most recent value of $57.35 million in 2025, rising from $13.26 million in 2015. The previous period was $92.45 million in 2024. View Dorchester Minerals' forecast to see where analysts expect Dorchester Minerals to go next.

Over the last 10 years, Dorchester Minerals' total revenue changed from $31.87 million in 2015 to $152.83 million in 2025, a change of 379.5%.

Dorchester Minerals' total liabilities were at $4.32 million at the end of 2025, a 14.1% decrease from 2024, and a 673.3% increase since 2015.

In the past 10 years, Dorchester Minerals' cash and equivalents has ranged from $7.14 million in 2015 to $47.03 million in 2023, and is currently $41.94 million as of their latest financial filing in 2025.


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Financial statements for NASDAQ:DMLP last updated on 5/7/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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