Alliance Resource Partners LP (ARLP) intrinsic value & 10-year financials
Alliance Resource Partners LP (ARLP) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 1.4% a year to $2.2B.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $25.75
- Revenue (FY2025)
- $2.2B
- Revenue growth (10-yr CAGR)
- 1.4%
- Free cash flow (FY2025)
- $387.9M
ARLP 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.2B | $311.2M | — | $387.9M | 17.6% | — |
| FY2024 | $2.4B | $360.9M | — | $374.4M | 16.1% | — |
| FY2023 | $2.6B | $630.1M | — | $451.3M | 26.2% | — |
| FY2022 | $2.4B | $577.2M | — | $505.4M | 27.4% | — |
| FY2021 | $1.6B | $178.2M | — | $302.2M | 14.0% | — |
| FY2020 | $1.3B | -$129.2M | — | $279.5M | -6.2% | — |
| FY2019 | $2.0B | $399.4M | — | $209.0M | 13.2% | — |
| FY2018 | $2.0B | $366.6M | — | $460.9M | 18.6% | — |
| FY2017 | $1.8B | $303.6M | — | $411.0M | 18.3% | — |
| FY2016 | $1.9B | $339.4M | — | $612.5M | 18.9% | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
ALLIANCE RESOURCE PARTNERS LP has demonstrated mature, steady growth, with revenue compounding at 1.4% annually over the past decade.
ALLIANCE RESOURCE PARTNERS LP 10-year average ROIC is N/A; capital efficiency cannot be assessed from the available history.
ALLIANCE RESOURCE PARTNERS LP has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, ALLIANCE RESOURCE PARTNERS LP is modeled at 1.4% normalized earnings growth with a 5.1% bond-yield adjustment.