DMLP
Dorchester Minerals LP
NASDAQ: DMLP · ENERGY · OIL & GAS E&P
$27.98
-0.07% today
Updated 2026-04-30
Market cap
$1.35B
P/E ratio
24.14
P/S ratio
9.19x
EPS (TTM)
$1.16
Dividend yield
9.89%
52W range
$20 – $29
Volume
0.2M
Dorchester Minerals LP (DMLP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $74.93M | $65.36M | $89.92M | $43.63M | $49.05M | $53.96M | $63.20M | $65.87M | $65.17M | $31.86M | $37.56M | $57.29M | $73.28M | $78.80M | $46.93M | $93.42M | $170.80M | $163.80M | $161.52M | $152.83M |
| Revenue growth (YoY) | — | -12.8% | +37.6% | -51.5% | +12.4% | +10.0% | +17.1% | +4.2% | -1.1% | -51.1% | +17.9% | +52.5% | +27.9% | +7.5% | -40.4% | +99.1% | +82.8% | -4.1% | -1.4% | -5.4% |
| Cost of revenue | $4.06M | $3.87M | $4.77M | $3.36M | $4.17M | $4.88M | $21.38M | $18.27M | $15.51M | $13.65M | $11.60M | $13.94M | $14.46M | $19.95M | $17.60M | $18.06M | $31.97M | $38.52M | $57.14M | $82.16M |
| Gross profit | $70.87M | $61.50M | $85.15M | $40.27M | $44.88M | $49.09M | $41.83M | $47.60M | $49.66M | $18.21M | $25.96M | $43.35M | $58.82M | $58.85M | $29.33M | $75.36M | $138.83M | $125.28M | $104.38M | $70.68M |
| Gross margin | 94.6% | 94.1% | 94.7% | 92.3% | 91.5% | 91.0% | 66.2% | 72.3% | 76.2% | 57.2% | 69.1% | 75.7% | 80.3% | 74.7% | 62.5% | 80.7% | 81.3% | 76.5% | 64.6% | 46.2% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $3.06M | $3.59M | $3.96M | $3.71M | $4.13M | $4.09M | $3.81M | $4.20M | $5.14M | $4.97M | $4.99M | $4.93M | $4.91M | $6.09M | $7.46M | $5.19M | $8.22M | $10.90M | $11.93M | $13.32M |
| Operating income | $49.34M | $42.34M | $66.45M | $20.95M | $34.81M | $42.18M | $38.01M | $43.40M | $44.53M | $13.25M | $20.97M | $38.42M | $53.91M | $52.77M | $21.87M | $70.17M | $130.61M | $114.12M | $92.45M | $57.35M |
| Operating margin | 65.9% | 64.8% | 73.9% | 48.0% | 71.0% | 78.2% | 60.1% | 65.9% | 68.3% | 41.6% | 55.8% | 67.1% | 73.6% | 67.0% | 46.6% | 75.1% | 76.5% | 69.7% | 57.2% | 37.5% |
| EBITDA | $67.81M | $57.20M | $80.85M | $37.28M | $52.80M | $60.53M | $54.59M | $56.54M | $53.87M | $23.32M | $29.47M | $47.73M | $62.85M | $66.07M | $34.02M | $80.86M | $149.90M | $140.62M | $135.22M | $123.65M |
| EBITDA margin | 90.5% | 87.5% | 89.9% | 85.4% | 107.6% | 112.2% | 86.4% | 85.8% | 82.7% | 73.2% | 78.5% | 83.3% | 85.8% | 83.8% | 72.5% | 86.6% | 87.8% | 85.8% | 83.7% | 80.9% |
| EBIT | $49.38M | $41.67M | $66.11M | $21.68M | $34.81M | $42.18M | $38.01M | $43.40M | $43.81M | $13.26M | $20.97M | $38.42M | $53.91M | $52.77M | $21.87M | $70.17M | $130.61M | $114.12M | $92.45M | $57.35M |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $12.05M | $15.53M | $7.95M | $10.35M | $8.87M | $995000.00 | $4.82M | $8.01M | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $50.21M | $43.05M | $66.78M | $21.68M | $34.88M | $42.22M | $38.02M | $43.58M | $45.24M | $13.26M | $20.97M | $38.42M | $53.91M | $52.77M | $21.87M | $70.17M | $130.61M | $110.39M | $92.45M | $57.35M |
| Net income growth (YoY) | — | -14.3% | +55.1% | -67.5% | +60.9% | +21.0% | -9.9% | +14.6% | +3.8% | -70.7% | +58.2% | +83.3% | +40.3% | -2.1% | -58.6% | +220.9% | +86.1% | -15.5% | -16.3% | -38.0% |
| Profit margin | 67.0% | 65.9% | 74.3% | 49.7% | 71.1% | 78.2% | 60.2% | 66.2% | 69.4% | 41.6% | 55.8% | 67.1% | 73.6% | 67.0% | 46.6% | 75.1% | 76.5% | 67.4% | 57.2% | 37.5% |