NRP vs CDRE

Comparison between Natural Resource Partners LP (NRP, Company) and Cadre Holdings Inc (CDRE, Company).

NRP is from the Energy sector, while CDRE is from the Industrials sector.

5-Year PerformanceNRP has outperformed CDRE, delivering a return of +44.6% compared to +17.2%

NRP vs CDRE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NRP(COMPANY)	CDRE(COMPANY)
Market Cap	$1.29B	$1.28B
Max Drawdown	98.35%	40.61%
Sharpe Ratio	-0.01	0.03
5Y Beta	0.51	0.99
Industry	Thermal Coal	Aerospace & Defense
P/E Ratio	11.05	33.43
Forward P/E	6.22	21.79
Dividend Yield	3.13%	1.32%
5Y Dividends CAGR	16.54%	N/A
Debt to Equity	N/A	108.84%
Free Cash Flow Yield	12.77%	4.74%

Market Cap

Winner

NRP

$1.29B

CDRE

$1.28B

Max Drawdown

NRP

98.35%

Winner

CDRE

40.61%

Sharpe Ratio

NRP

-0.01

Winner

CDRE

0.03

5Y Beta

Winner

NRP

0.51

CDRE

0.99

Industry

NRP

Thermal Coal

CDRE

Aerospace & Defense

P/E Ratio

Winner

NRP

11.05

CDRE

33.43

Forward P/E

Winner

NRP

6.22

CDRE

21.79

Dividend Yield

Winner

NRP

3.13%

CDRE

1.32%

5Y Dividends CAGR

NRP

16.54%

CDRE

N/A

Debt to Equity

NRP

N/A

CDRE

108.84%

Free Cash Flow Yield

Winner

NRP

12.77%

CDRE

4.74%

NRP vs CDRE - Historical Returns

Returns include dividend reinvestment.

Period	NRP	CDRE
1 month	-3.04%	+10.75%
3 months	-14.73%	+5.20%
6 months	-14.78%	-29.38%
1 year	-0.67%	-8.82%
5 years(CAGR)	+44.56%	+17.18%
10 years(CAGR)	+24.53%	N/A
Max(CAGR)	+7.68%	+17.18%

NRP

-3.04%

Winner

CDRE

+10.75%

NRP

-14.73%

Winner

CDRE

+5.20%

Winner

NRP

-14.78%

CDRE

-29.38%

Winner

NRP

-0.67%

CDRE

-8.82%

5Y(CAGR)

Winner

NRP

+44.56%

CDRE

+17.18%

10Y(CAGR)

NRP

+24.53%

CDRE

N/A

Max(CAGR)

NRP

+7.68%

Winner

CDRE

+17.18%

NRP vs CDRE - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	NRP	CDRE
2026	-5.05%	-25.42%
2025	+1.31%	+28.01%
2024	+29.58%	+0.92%
2023	+104.79%	+66.46%
2022	+72.12%	-18.43%
2021	+157.21%	+66.89%
2020	-27.40%	N/A
2019	-43.95%	N/A
2018	+50.95%	N/A
2017	-16.83%	N/A
2016	+201.10%	N/A
2015	-85.31%	N/A
2014	-49.35%	N/A
2013	+14.51%	N/A
2012	-26.61%	N/A
2011	-15.00%	N/A
2010	+46.42%	N/A
2009	+36.29%	N/A
2008	-43.21%	N/A
2007	+20.23%	N/A
2006	+14.67%	N/A
2005	-4.49%	N/A
2004	+48.01%	N/A
2003	+114.69%	N/A
2002	+6.70%	N/A

NRP vs CDRE Drawdown Comparison

The maximum drawdown for NRP was -97.08%, occurring on Jan 20, 2016. Recovery took 3730 trading sessions.

The maximum drawdown for CDRE was -40.57%, occurring on Apr 29, 2026. This drawdown has not yet recovered.

The current NRP drawdown is -21.80%. The current CDRE drawdown is -33.60%.

Rank	NRP	CDRE
#1	-97.08% Mar 16, 2011 - Jan 14, 2026	-40.57% Mar 2, 2026 - Apr 29, 2026
#2	-67.38% Jun 30, 2008 - Jan 3, 2011	-39.47% Nov 1, 2022 - Nov 9, 2023
#3	-34.15% Jul 16, 2007 - May 20, 2008	-35.04% Jun 7, 2022 - Oct 13, 2022
#4	-25.67% Aug 3, 2005 - Feb 21, 2007	-29.61% Oct 11, 2024 - Oct 14, 2025
#5	-22.88% Mar 24, 2026 - Jul 20, 2026	-24.09% Mar 13, 2024 - Oct 9, 2024
#6	-19.48% Feb 25, 2005 - Jul 8, 2005	-22.34% Dec 31, 2021 - Mar 17, 2022
#7	-18.87% Mar 4, 2004 - Oct 6, 2004	-18.11% Dec 6, 2021 - Dec 27, 2021
#8	-12.97% Sep 11, 2003 - Dec 3, 2003	-12.87% Mar 17, 2022 - May 3, 2022
#9	-11.83% Dec 31, 2003 - Mar 2, 2004	-12.56% Nov 15, 2021 - Dec 6, 2021
#10	-10.78% Jul 14, 2003 - Aug 21, 2003	-12.41% Nov 5, 2025 - Mar 2, 2026
#11	-9.85% Dec 31, 2004 - Jan 31, 2005	-10.53% May 3, 2022 - May 25, 2022
#12	-8.63% Jan 12, 2011 - Feb 1, 2011	-7.59% May 27, 2022 - Jun 6, 2022
#13	-7.61% Dec 1, 2004 - Dec 13, 2004	-5.57% Dec 5, 2023 - Jan 11, 2024
#14	-7.06% Jun 2, 2008 - Jun 30, 2008	-4.89% Nov 8, 2021 - Nov 11, 2021
#15	-6.42% Feb 23, 2026 - Mar 24, 2026	-4.58% Oct 13, 2022 - Oct 21, 2022

Correlation

Correlation between NRP and CDRE is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2003 - 2026)

NRP vs CDRE dividend yield comparison.

Year	NRP	CDRE
2026	1.66%	0.66%
2025	4.03%	0.93%
2024	4.90%	1.08%
2023	5.87%	0.97%
2022	4.97%	1.59%
2021	5.39%	0.31%
2020	9.82%	0.00%
2019	13.18%	0.00%
2018	4.71%	0.00%
2017	6.92%	0.00%
2016	5.57%	0.00%
2015	45.28%	0.00%
2014	15.14%	0.00%
2013	11.03%	0.00%
2012	11.87%	0.00%
2011	8.00%	0.00%
2010	6.51%	0.00%
2009	8.89%	0.00%
2008	11.58%	0.00%
2007	5.65%	0.00%
2006	5.56%	0.00%
2005	5.57%	0.00%
2004	4.12%	0.00%
2003	4.85%	0.00%