Alliance Resource Partners (ARLP) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Alliance Resource Partners

NasdaqGS•Energy•Thermal Coal

$25.87-0.29(-0.01%)Market closed

Market Cap

$3.37B

P/E

12.7x

P/S

1.6x

P/B

1.9x

Alliance Resource Partners, L.P., a diversified natural resource company, engages in the production and marketing of coal to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties. It produces bituminous coal from its underground mines sold to electric power generation and the steel production customers. The company operates seven underground mining complexes in Illinois, Indiana, Kentucky, Maryland, Pennsylvania, and West Virginia. In addition, it owns and leases oil and gas mineral interests and equity interests; and leases its coal mineral reserves and resources to its mining complexes; and leases land and operates a coal loading terminal on the Ohio River at Mt. Vernon, Indiana. Further, the company offers various mining technology products and services, including data network, communication and tracking systems, mining proximity detection systems, industrial collision avoidance systems, and data and analytics software. It also exports its products. Alliance Resource Partners, L.P. was founded in 1971 and is headquartered in Tulsa, Oklahoma.

How this company scores

GoodMetricSide Score: 71/100

Strongest: Profitability (23/25); weakest: Growth (11/25).

Profitability23/25

Growth11/25

Balance Sheet & Red Flags14/25

Cash & Earnings Quality23/25

Strengths

High ROELow leverageCash-backed earningsConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 12.7x5y range 3.2x – 14.8x

Currently above its 19-quarter median.

P/S · 1.6x5y range 0.9x – 1.7x

Currently near its 19-quarter median.

P/B · 1.9x5y range 1.3x – 2.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Revenue Decline

Red Flag

Revenue declined in 6 of the last 7 quarters — persistent contraction signals a fundamental problem.

Price & Volume

Market Cap $3.37B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.17B
Q. Revenue: $551.56M
TTM EBITDA: $637.85M
TTM Op. Income: $319.75M
Q. Op. Income: $95.58M
TTM Net Income: $266.43M
Q. Net Income: $79.56M
EPS: $0.61
Shares Out.: $130.43M

$2.17B in TTM revenue declined 5.1% YoY, reaching $551.56M last quarter. TTM EBITDA of $637.85M and TTM operating income of $319.75M show growth is flowing through to the bottom line. TTM net income of $266.43M means revenue is converting into profit. Over the past year, TTM revenue is down 5% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 32.1%
Op. Margin: 17.3%
Net Margin: 14.4%

Op. margin of 17.3% is up 1.1% YoY — cost efficiency is improving. Net margin at 14.4% Over the past year, operating margin is up 7% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 12.7x
P/S Ratio: 1.6x
P/B Ratio: 1.9x

At 12.7x P/E, the stock trades below typical market levels. P/S of 1.6x and P/B of 1.9x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 11% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.94B
Cash: $111.19M
Long-Term Debt: $498.48M
Book Value: $1.77B
D/E Ratio: 0.3
Debt/EBITDA: 2.8

With $2.94B in assets and $498.48M in long-term debt, D/E is 0.3and book value is $1.77B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $153.01M
TTM Free Cash Flow: $357.09M
FCF Margin: 16.4%
FCF / Net Income: 1.3

TTM FCF of $357.09M on $153.01M in operating cash flow. The FCF / Net Income ratio of 1.3x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 12% — an improving trend.