Permian Basin Royalty Trust (PBT) Stock Analysis
Energy · Oil & Gas Midstream · NYSE
Permian Basin Royalty Trust (PBT) posted $16.13M in revenue for fiscal 2025 (down 40.5% year over year), at a 88.7% net margin, and has compounded revenue about -33.3%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Permian Basin Royalty Trust
Permian Basin Royalty Trust has grown revenue from $54.47M to $16.13M over the last 4 fiscal years, compounding about -33.3% a year. The most recent year was down 40.5%, so growth has cooled from its longer-run pace.
Net margin sits at 88.7%, down 5 points year over year.
The one thing worth a second look in the filings is net margin shrinking.
Synthesised from Permian Basin Royalty Trust's SEC filings — descriptive, not advice. Ask the analyst your own question →
Permian Basin Royalty Trust revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $54.47M | $29.10M | $27.11M | $16.13M |
| Gross profit | — | — | — | — |
| Net income | $53.54M | $27.98M | $25.42M | $14.30M |
| Net margin | 98.3% | 96.2% | 93.7% | 88.7% |
Source: Permian Basin Royalty Trust SEC filings (10-K).
Permian Basin Royalty Trust: 1 potential red flag in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Net margin shrinkingNet margin fell from 98.3% to 88.7% over ~3 years — profitability is compressing.
Explore 4 years of Permian Basin Royalty Trust financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Permian Basin Royalty Trust financial history by metric
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About Permian Basin Royalty Trust
Permian Basin Royalty Trust holds royalty interests in various oil and gas properties in the United States. The company holds a 75% net overriding royalty interest in the Waddell Ranch properties located in Crane County, Texas, as well as a 95% net overriding royalty interest in the Texas Royalty properties located in 33 counties across Texas. Its Texas Royalty properties comprise approximately 125 separate royalty interests containing approximately 51,000 net producing acres. The company was founded in 1980 and is based in Dallas, Texas.
Permian Basin Royalty Trust — frequently asked questions
What is Permian Basin Royalty Trust's revenue?
Permian Basin Royalty Trust (PBT) reported revenue of $16.13M for fiscal year 2025, down 40.5% from the prior year, according to its SEC filings.
Is Permian Basin Royalty Trust profitable?
Yes. PBT earned net income of $14.30M in fiscal 2025, a net margin of 88.7%.
What is PBT's P/E ratio?
Permian Basin Royalty Trust trades at a price-to-earnings ratio of about 94.0 based on the latest data in our nightly-refreshed cache.
How fast is Permian Basin Royalty Trust growing?
PBT's revenue grew at roughly -33.3% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Permian Basin Royalty Trust have?
As of fiscal year 2025, PBT carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Permian Basin Royalty Trust's market cap?
Permian Basin Royalty Trust (PBT) has a market capitalization of about $1.36B, based on the latest data in our nightly-refreshed cache.
When does Permian Basin Royalty Trust's fiscal year end?
PBT's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Permian Basin Royalty Trust's official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.