Sabine Royalty Trust logo

Sabine Royalty Trust

SBR

NYSEEnergyOil & Gas Midstream

Regular session

$72.785

−$0.965 · -1.31%

Aug 24, 12:03 PM ET

SBR company overview

Regular session · ET · Market data may be delayed.

Company profile

Industry
Oil & Gas Midstream
Sector
Energy
Headquarters
US

Market position

Day range

Current $72.785

52-week range

Current $72.785

Open
$73.275
Previous close
$73.75
Volume
9.73K
Market cap
1.06B USD
50-day average
$72.9222
-0.19% below average
200-day average
$73.3531
-0.77% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
992.13M USD
P/E (TTM)
14.88×
P/B (TTM)
126.15×
P/S (TTM)
14.14×
EV / EBITDA
13.51×
Earnings yield
7.35%
Free cash flow yield
0.00%
Dividend yield
6.56%

Profitability & efficiency

Gross margin
100.00%
Operating margin
94.69%
Net margin
95.15%
Return on equity
1072.55%
Return on assets
960.82%
Return on invested capital
992.17%

Financial health

Debt / equity
Current ratio
26.2×
Altman Z-score
516.08
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends102%99%96%93%Gross margin, FY2021: 100.00%Gross margin, FY2022: 100.00%Gross margin, FY2023: 100.00%Gross margin, FY2024: 100.00%Gross margin, FY2025: 100.00%Operating margin, FY2021: 94.99%Operating margin, FY2022: 97.39%Operating margin, FY2023: 96.17%Operating margin, FY2024: 95.73%Operating margin, FY2025: 94.69%Net margin, FY2021: 94.99%Net margin, FY2022: 97.57%Net margin, FY2023: 97.03%Net margin, FY2024: 96.46%Net margin, FY2025: 95.30%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 100.00%. Gross margin FY2023 100.00%. Gross margin FY2024 100.00%. Gross margin FY2025 100.00%. Operating margin FY2021 94.99%. Operating margin FY2022 97.39%. Operating margin FY2023 96.17%. Operating margin FY2024 95.73%. Operating margin FY2025 94.69%. Net margin FY2021 94.99%. Net margin FY2022 97.57%. Net margin FY2023 97.03%. Net margin FY2024 96.46%. Net margin FY2025 95.30%.

Income trends

Revenue

77.06M USD-6.67%

Operating income

72.97M USD-7.68%

Net income

73.44M USD-7.78%
Income trends across reported periods132.54M USD105.38M USD78.22M USD51.06M USDRevenue, FY2021: 60.9M USDRevenue, FY2022: 125.75M USDRevenue, FY2023: 93.01M USDRevenue, FY2024: 82.57M USDRevenue, FY2025: 77.06M USDOperating income, FY2021: 57.85M USDOperating income, FY2022: 122.46M USDOperating income, FY2023: 89.45M USDOperating income, FY2024: 79.04M USDOperating income, FY2025: 72.97M USDNet income, FY2021: 57.86M USDNet income, FY2022: 122.69M USDNet income, FY2023: 90.25M USDNet income, FY2024: 79.64M USDNet income, FY2025: 73.44M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 60.9M USD. Revenue FY2022 125.75M USD. Revenue FY2023 93.01M USD. Revenue FY2024 82.57M USD. Revenue FY2025 77.06M USD. Operating income FY2021 57.85M USD. Operating income FY2022 122.46M USD. Operating income FY2023 89.45M USD. Operating income FY2024 79.04M USD. Operating income FY2025 72.97M USD. Net income FY2021 57.86M USD. Net income FY2022 122.69M USD. Net income FY2023 90.25M USD. Net income FY2024 79.64M USD. Net income FY2025 73.44M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue77.06M USD82.57M USD93.01M USD125.75M USD60.9M USD
Gross profit77.06M USD82.57M USD93.01M USD125.75M USD60.9M USD
Selling, general, and administrative4.09M USD3.53M USD3.56M USD3.29M USD3.05M USD
Operating expenses4.09M USD3.53M USD3.56M USD3.29M USD3.05M USD
Interest income471.84K USD601.45K USD803.53K USD231.94K USD5.82K USD
Depreciation and amortization24.12K USD24.12K USD
Operating income72.97M USD79.04M USD89.45M USD122.46M USD57.85M USD
Net income73.44M USD79.64M USD90.25M USD122.69M USD57.86M USD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
1.43

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates1.771.451.130.81Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 12, 2024: actual 1.31, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 27, 2025: actual 1.27, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 9, 2025: actual 1.24, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 1.22, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 7, 2025: actual 1.7, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 26, 2026: actual 0.88, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 8, 2026: actual 0.89, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 1.43, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates26.54M21.88M17.21M12.54MQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 12, 2024: actual 19.78M USD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 27, 2025: actual 19.42M USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 9, 2025: actual 19.39M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 8, 2025: actual 18.58M USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 7, 2025: actual 25.52M USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 26, 2026: actual 13.56M USD, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 8, 2026: actual 23.93M USD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 7, 2026: actual 21.69M USD, estimate —, surprise —, Comparison unavailable.

SBR news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$5.1643

2025 complete year+113.1% since 2020

2026 partial: $3.2656

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 17, 2026

$0.6194

Monthly

Record Aug 17, 2026 · Payment Aug 31, 2026

Dividend

Ex-dividend Jul 15, 2026

$0.4292

Monthly

Record Jul 15, 2026 · Payment Jul 29, 2026

Dividend

Ex-dividend Jun 15, 2026

$0.503

Monthly

Record Jun 15, 2026 · Payment Jun 29, 2026

Dividend

Ex-dividend May 15, 2026

$0.4979

Monthly

Record May 15, 2026 · Payment May 29, 2026

Dividend

Ex-dividend Apr 15, 2026

$0.325

Monthly

Record Apr 15, 2026 · Payment Apr 29, 2026

Dividend

Ex-dividend Mar 16, 2026

$0.2862

Monthly

Record Mar 16, 2026 · Payment Mar 30, 2026

SBR peers

ETFs holding SBR

Funds reporting this stock among their holdings, ordered by reported position size.

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