Sabine Royalty Trust (SBR) Financial Statements & Analysis

Sabine Royalty Trust (SBR) Income Statement

Sabine Royalty Trust reported revenue of $77.06M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 6.7% from $82.57M a year earlier. Net income was $73.44M, down 7.8% year over year, a net margin of 95.3%. Gross margin was 100.0% and operating margin 94.7%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $21.79M, up 17.3% from the same quarter a year earlier.

Sabine Royalty Trust Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Sabine Royalty Trust income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	77.06	82.57	93.82	125.98	60.90	36.36	46.73	52.39	37.16
Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	77.06	82.57	93.01	125.75	60.90	36.36	46.73	52.39	37.16
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-
Selling, General & Administrative	4.09	3.53	2.93	2.89	3.05	2.70	2.86	2.60	2.47
Operating Expenses	4.09	3.53	-3.56	3.29	3.05	2.70	2.86	2.60	2.43
Operating Income	72.97	79.04	96.58	122.46	57.85	33.66	43.87	49.79	34.73
Other Income/Expense
Interest Income	0.47	0.60	0.80	0.23	0.01	0.03	0.17	0.14	0.04
Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Income/Expense	0.47	0.60	0.80	0.23	0.01	-0.36	0.17	0.14	0.00
Income
Income Before Tax	73.44	79.64	90.25	122.69	57.86	33.31	44.04	49.93	34.73
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	73.44	79.64	90.25	122.69	57.86	33.31	44.04	49.93	34.73
Net Income - Continuous Operations	73.44	79.64	90.25	122.69	57.86	33.31	44.04	49.93	34.73
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	73.44	79.64	96.58	122.46	57.85	33.30	43.90	49.79	34.69
EBIT	72.97	80.22	90.89	123.09	57.85	33.66	-	-	-
Depreciation & Amortization	0.00	0.00	0.00	0.02	0.02	0.03	0.03	0.00	-0.03
Earnings Per Share
Basic EPS	5.00	5.00	6.00	8.00	4.00	2.00	3.00	3.00	2.00
Diluted EPS	5.00	5.00	6.00	8.00	4.00	2.00	3.00	3.00	2.00
Basic Shares Outstanding	14.58	14.58	14.58	14.58	14.58	14.58	14.58	14.58	14.58
Diluted Shares Outstanding	14.58	14.58	14.58	14.58	14.58	14.58	14.58	14.58	14.58

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Sabine Royalty Trust Financial Statements

What was Sabine Royalty Trust's revenue in fiscal 2025?

Sabine Royalty Trust reported revenue of $77.06M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 6.7% from $82.57M a year earlier.

Is Sabine Royalty Trust profitable?

Yes. Sabine Royalty Trust earned net income of $73.44M in fiscal 2025, a net margin of 95.3%. In fiscal 2024 it earned $79.64M.

What is Sabine Royalty Trust's operating margin?

Sabine Royalty Trust's operating income was $72.97M on revenue of $77.06M in fiscal 2025, an operating margin of 94.7%, compared with 95.7% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition