Dorchester Minerals LP Net Assets
Dorchester Minerals LP net assets. Based on the latest financial reports, Dorchester Minerals LP (DMLP) has net assets worth $305.24 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($309.55 Million) and total liabilities ($4.32 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how fast is Dorchester Minerals LP growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $305.24 Million |
| % of Total Assets | 98.61% |
| Annual Growth Rate | N/A |
| 5-Year Change | 114.34% |
| 10-Year Change | 356.02% |
| Growth Volatility | 85.59 |
Net Assets of Dorchester Minerals LP (2000–2025)
Net assets of Dorchester Minerals LP from 2000 to 2025. This chart illustrates how Dorchester Minerals LP's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Dorchester Minerals LP to measure how much of total assets are equity-financed.
Annual Net Assets for Dorchester Minerals LP (2000–2025)
The table below shows the annual net assets of Dorchester Minerals LP from 2000 to 2025. For live market cap and overall valuation, see DMLP market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $305.24 Million | -15.63% |
| 2024-12-31 | $361.79 Million | +94.97% |
| 2023-12-31 | $185.56 Million | +8.19% |
| 2022-12-31 | $171.52 Million | +20.44% |
| 2021-12-31 | $142.41 Million | +68.40% |
| 2020-12-31 | $84.56 Million | -24.72% |
| 2019-12-31 | $112.34 Million | +29.65% |
| 2018-12-31 | $86.65 Million | -4.52% |
| 2017-12-31 | $90.75 Million | +35.57% |
| 2016-12-31 | $66.94 Million | -8.52% |
| 2015-12-31 | $73.17 Million | -24.19% |
| 2014-12-31 | $96.52 Million | -13.68% |
| 2013-12-31 | $111.82 Million | -9.28% |
| 2012-12-31 | $123.26 Million | -13.26% |
| 2011-12-31 | $142.11 Million | -6.75% |
| 2010-12-31 | $152.40 Million | +0.24% |
| 2009-12-31 | $152.03 Million | +9.70% |
| 2008-12-31 | $138.58 Million | -9.69% |
| 2007-12-31 | $153.45 Million | -8.55% |
| 2006-12-31 | $167.80 Million | -16.05% |
| 2005-12-31 | $199.88 Million | -2.56% |
| 2004-12-31 | $205.14 Million | +3.38% |
| 2003-12-31 | $198.44 Million | +410.52% |
| 2002-12-31 | $38.87 Million | +4.11% |
| 2001-12-31 | $37.34 Million | -- |
| 2000-12-31 | $0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dorchester Minerals LP's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Dorchester Minerals LP Net Assets Breakdown (December 2025)
Dorchester Minerals LP net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $310.06 Million | 100.00% |
| Total Equity | $310.06 Million | 100.00% |
Dorchester Minerals LP Competitors by Market Cap
The table below lists competitors of Dorchester Minerals LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
American Superconductor Corporation
NASDAQ:AMSC
|
$1.34 Billion |
|
Inox Wind Energy Limited
NSE:IWEL
|
$1.34 Billion |
|
VGI Public Company Limited
BK:VGI-R
|
$1.34 Billion |
|
Guangdong Tapai Group Co Ltd
SHE:002233
|
$1.34 Billion |
|
Banpu Public Company Limited
BK:BANPU
|
$1.34 Billion |
|
Befar Group Co Ltd
SHG:601678
|
$1.34 Billion |
|
Adient PLC
NYSE:ADNT
|
$1.34 Billion |
|
Weichai Heavy Machinery Co Ltd
SHE:000880
|
$1.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dorchester Minerals LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 363,785,000 to 310,064,000, a change of -53,721,000 (-14.8%).
- Net income of 57,352,000 contributed positively to equity growth.
- Dividend payments of 132,015,999 reduced retained earnings.
- Other factors increased equity by 20,942,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $57.35 Million | +18.5% |
| Dividends Paid | $132.02 Million | -42.58% |
| Other Changes | $20.94 Million | +6.75% |
| Total Change | $- | -14.77% |
Book Value vs Market Value Analysis
This analysis compares Dorchester Minerals LP's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.34x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $0.00 | $28.21 | x |
| 2001-12-31 | $0.23 | $28.21 | x |
| 2002-12-31 | $1.44 | $28.21 | x |
| 2003-12-31 | $7.54 | $28.21 | x |
| 2004-12-31 | $7.30 | $28.21 | x |
| 2005-12-31 | $7.08 | $28.21 | x |
| 2006-12-31 | $5.94 | $28.21 | x |
| 2007-12-31 | $5.43 | $28.21 | x |
| 2008-12-31 | $4.91 | $28.21 | x |
| 2009-12-31 | $5.23 | $28.21 | x |
| 2010-12-31 | $5.00 | $28.21 | x |
| 2011-12-31 | $4.63 | $28.21 | x |
| 2012-12-31 | $-8.05 | $28.21 | x |
| 2013-12-31 | $3.65 | $28.21 | x |
| 2014-12-31 | $3.15 | $28.21 | x |
| 2015-12-31 | $2.39 | $28.21 | x |
| 2016-12-31 | $2.18 | $28.21 | x |
| 2017-12-31 | $2.88 | $28.21 | x |
| 2018-12-31 | $-9.51 | $28.21 | x |
| 2019-12-31 | $3.26 | $28.21 | x |
| 2020-12-31 | $2.42 | $28.21 | x |
| 2021-12-31 | $4.03 | $28.21 | x |
| 2022-12-31 | $4.54 | $28.21 | x |
| 2023-12-31 | $4.78 | $28.21 | x |
| 2024-12-31 | $8.70 | $28.21 | x |
| 2025-12-31 | $6.51 | $28.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dorchester Minerals LP utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.50%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 37.53%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.00x
- Recent ROE (18.50%) is below the historical average (55.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.00% | 71.33% | 4.36x | 0.00x | $17.96 Million |
| 2001 | 730.24% | 68.53% | 0.65x | 16.50x | $18.10 Million |
| 2002 | 33.35% | 69.18% | 0.47x | 1.03x | $9.08 Million |
| 2003 | -13.52% | -54.50% | 0.25x | 1.00x | $-46.67 Million |
| 2004 | 14.66% | 52.98% | 0.28x | 1.01x | $9.56 Million |
| 2005 | 26.40% | 66.16% | 0.40x | 1.00x | $32.79 Million |
| 2006 | 29.92% | 67.01% | 0.44x | 1.00x | $33.43 Million |
| 2007 | 28.05% | 65.86% | 0.42x | 1.01x | $27.70 Million |
| 2008 | 48.19% | 74.27% | 0.64x | 1.01x | $52.92 Million |
| 2009 | 14.26% | 49.69% | 0.29x | 1.00x | $6.48 Million |
| 2010 | 22.89% | 71.12% | 0.32x | 1.00x | $19.64 Million |
| 2011 | 29.71% | 78.23% | 0.38x | 1.00x | $28.00 Million |
| 2012 | 0.00% | 60.16% | 0.51x | 0.00x | $62.72 Million |
| 2013 | 38.97% | 66.16% | 0.58x | 1.01x | $32.39 Million |
| 2014 | 46.87% | 69.42% | 0.67x | 1.01x | $35.59 Million |
| 2015 | 18.12% | 41.60% | 0.43x | 1.01x | $5.94 Million |
| 2016 | 31.32% | 55.83% | 0.56x | 1.00x | $14.27 Million |
| 2017 | 42.34% | 67.07% | 0.62x | 1.01x | $29.35 Million |
| 2018 | 0.00% | 73.57% | 0.83x | 0.00x | $84.61 Million |
| 2019 | 47.49% | 66.96% | 0.67x | 1.05x | $41.65 Million |
| 2020 | 26.02% | 46.60% | 0.53x | 1.05x | $13.46 Million |
| 2021 | 49.62% | 75.11% | 0.64x | 1.04x | $56.03 Million |
| 2022 | 76.45% | 76.47% | 0.97x | 1.03x | $113.52 Million |
| 2023 | 59.53% | 67.39% | 0.86x | 1.03x | $91.84 Million |
| 2024 | 25.41% | 57.24% | 0.44x | 1.01x | $56.07 Million |
| 2025 | 18.50% | 37.53% | 0.49x | 1.00x | $26.35 Million |
Industry Comparison
This section compares Dorchester Minerals LP's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $3,464,622,682
- Average return on equity (ROE) among peers: -3.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dorchester Minerals LP (DMLP) | $305.24 Million | 0.00% | 0.01x | $1.34 Billion |
| Amplify Energy Corp (AMPY) | $340.00 Million | -101.17% | 5.89x | $152.19 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $-14.85 Million | 0.00% | 0.00x | $95.14 Million |
| APA Corporation (APA) | $24.38 Billion | 12.44% | 0.78x | $15.26 Billion |
| Antero Resources Corp (AR) | $7.29 Billion | 12.92% | 0.94x | $11.63 Billion |
| Battalion Oil Corp (BATL) | $-27.89 Million | 0.00% | 0.00x | $31.10 Million |
| BKV Corporation (BKV) | $754.94 Million | -18.31% | 1.15x | $2.17 Billion |
| Barnwell Industries Inc (BRN) | $9.51 Million | 65.77% | 1.57x | $15.66 Million |
| Berry Petroleum Corp (BRY) | $714.04 Million | -36.82% | 0.99x | $253.00 Million |
| Big Sky Industrial Inc. (BSIN) | $78.35 Million | -1.23% | 0.51x | $76.64 Million |
| Black Stone Minerals LP (BSM) | $1.13 Billion | 26.58% | 0.18x | $3.00 Billion |
About Dorchester Minerals LP
Dorchester Minerals, L.P. engages in the acquisition, ownership, and administration of royalty properties in the United States. Its royalty properties include producing and nonproducing mineral, royalty, overriding royalty, net profits, and leasehold interests in 594 counties and parishes in 28 states; and net profits interests, which represent net profits overriding royalty interests in various … Read more