Dorchester Minerals Lp Financials
This page shows Dorchester Minerals Lp (DMLP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Dorchester Minerals Lp's revenue declined 1.4% year-over-year, from $163.8M to $161.5M. This contraction results in a growth score of 25/100.
Dorchester Minerals Lp carries a low D/E ratio of 0.01, meaning only $0.01 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 15.97, Dorchester Minerals Lp holds $15.97 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
Dorchester Minerals Lp earns a strong 25.6% return on equity (ROE), meaning it generates $26 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100. This is down from 61.5% the prior year.
Dorchester Minerals Lp passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Dorchester Minerals Lp generates $1.43 in operating cash flow ($132.6M OCF vs $92.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Dorchester Minerals Lp generated $161.5M in revenue in fiscal year 2024. This represents a decrease of 1.4% from the prior year.
Dorchester Minerals Lp reported $92.4M in net income in fiscal year 2024. This represents a decrease of 19.0% from the prior year.
Dorchester Minerals Lp held $42.5M in cash against $0 in long-term debt as of fiscal year 2024.
Dorchester Minerals Lp's net profit margin was 57.2% in fiscal year 2024, showing the share of revenue converted to profit. This is down 12.4 percentage points from the prior year.
Dorchester Minerals Lp's ROE was 25.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 35.9 percentage points from the prior year.
DMLP Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $35.4M+9.3% | $32.4M-24.9% | $43.2M+8.7% | $39.7M+6.3% | $37.4M+20.6% | $31.0M-38.6% | $50.4M+18.4% | $42.6M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $2.9M+3.7% | $2.8M-34.6% | $4.3M+33.7% | $3.2M+26.5% | $2.6M-22.0% | $3.3M+12.6% | $2.9M+3.8% | $2.8M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | $11.2M-9.5% | $12.3M-30.0% | $17.6M+23.9% | $14.2M-39.7% | $23.6M+30.1% | $18.2M-50.6% | $36.8M+24.8% | $29.5M |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
DMLP Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $330.4M+1.5% | $325.6M-6.7% | $349.0M-4.8% | $366.8M+108.4% | $176.0M-4.8% | $184.8M-3.3% | $191.1M-0.6% | $192.3M |
| Current Assets | $62.5M+4.6% | $59.7M-12.8% | $68.5M+0.9% | $67.8M+18.2% | $57.4M-2.1% | $58.6M-15.9% | $69.7M+10.5% | $63.1M |
| Cash & Equivalents | $41.6M+13.9% | $36.5M-12.1% | $41.5M-2.3% | $42.5M+20.9% | $35.2M-6.8% | $37.7M-19.8% | $47.0M+8.1% | $43.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $6.8M+17.5% | $5.8M-1.9% | $5.9M+17.5% | $5.0M-8.4% | $5.5M+0.5% | $5.5M-0.9% | $5.5M-37.8% | $8.8M |
| Current Liabilities | $6.2M+20.9% | $5.1M-0.9% | $5.2M+22.2% | $4.2M-7.2% | $4.6M+2.1% | $4.5M+0.4% | $4.5M-42.3% | $7.7M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $323.6M+1.2% | $319.8M-6.8% | $343.1M-5.2% | $361.8M+112.1% | $170.5M-4.9% | $179.4M-3.3% | $185.6M+1.2% | $183.4M |
| Retained Earnings | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
DMLP Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $34.3M+12.2% | $30.5M-8.6% | $33.4M+5.9% | $31.5M+7.2% | $29.4M+5.2% | $28.0M-26.2% | $37.9M+12.0% | $33.8M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
DMLP Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 31.6%-6.6pp | 38.1%-2.8pp | 40.9%+5.0pp | 35.9%-27.4pp | 63.2%+4.6pp | 58.6%-14.3pp | 73.0%+3.8pp | 69.2% |
| Return on Equity | 3.5%-0.4pp | 3.9%-1.3pp | 5.1%+1.2pp | 3.9%-9.9pp | 13.9%+3.7pp | 10.1%-9.7pp | 19.8%+3.8pp | 16.1% |
| Return on Assets | 3.4%-0.4pp | 3.8%-1.3pp | 5.1%+1.2pp | 3.9%-9.5pp | 13.4%+3.6pp | 9.8%-9.4pp | 19.3%+3.9pp | 15.3% |
| Current Ratio | 10.05-1.6 | 11.61-1.6 | 13.19-2.8 | 15.97+3.4 | 12.54-0.5 | 13.07-2.5 | 15.60+7.5 | 8.15 |
| Debt-to-Equity | 0.020.0 | 0.020.0 | 0.020.0 | 0.01-0.0 | 0.030.0 | 0.030.0 | 0.03-0.0 | 0.05 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Similar Companies
Frequently Asked Questions
What is Dorchester Minerals Lp's annual revenue?
Dorchester Minerals Lp (DMLP) reported $161.5M in total revenue for fiscal year 2024. This represents a -1.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Dorchester Minerals Lp's revenue growing?
Dorchester Minerals Lp (DMLP) revenue declined by 1.4% year-over-year, from $163.8M to $161.5M in fiscal year 2024.
Is Dorchester Minerals Lp profitable?
Yes, Dorchester Minerals Lp (DMLP) reported a net income of $92.4M in fiscal year 2024, with a net profit margin of 57.2%.
What is Dorchester Minerals Lp's net profit margin?
Dorchester Minerals Lp (DMLP) had a net profit margin of 57.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Dorchester Minerals Lp's return on equity (ROE)?
Dorchester Minerals Lp (DMLP) has a return on equity of 25.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Dorchester Minerals Lp's operating cash flow?
Dorchester Minerals Lp (DMLP) generated $132.6M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Dorchester Minerals Lp's total assets?
Dorchester Minerals Lp (DMLP) had $366.8M in total assets as of fiscal year 2024, including both current and long-term assets.
What is Dorchester Minerals Lp's current ratio?
Dorchester Minerals Lp (DMLP) had a current ratio of 15.97 as of fiscal year 2024, which is generally considered healthy.
What is Dorchester Minerals Lp's debt-to-equity ratio?
Dorchester Minerals Lp (DMLP) had a debt-to-equity ratio of 0.01 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Dorchester Minerals Lp's return on assets (ROA)?
Dorchester Minerals Lp (DMLP) had a return on assets of 25.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Dorchester Minerals Lp's Piotroski F-Score?
Dorchester Minerals Lp (DMLP) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Dorchester Minerals Lp's earnings high quality?
Dorchester Minerals Lp (DMLP) has an earnings quality ratio of 1.43x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Dorchester Minerals Lp?
Dorchester Minerals Lp (DMLP) scores 81 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.