NYSE : INR
Infinity Natural Resources, Inc. — Financial statements
Energy · Oil & Gas Exploration & Production · United States
Last price 14.57 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 924.06M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Infinity Natural Resources, Inc. (INR) reported revenue of 522.68M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Operating Revenue | 514.83M | 350.38M | 257.71M | 159.53M | 142.60M |
| Other Revenue | 7.85M | 6.06M | 1.32M | 2.20M | 555.00K |
| Revenue | 522.68M | 356.43M | 259.02M | 161.73M | 143.16M |
| Cost of Revenue | 113.05M | 81.45M | 77.44M | 49.47M | 23.93M |
| Gross Profit | 409.63M | 274.98M | 181.58M | 112.26M | 119.23M |
| Selling, General & Admin | 35.02M | 27.31M | 13.04M | 4.88M | 4.71M |
| Other Operating Expenses | -29.45M | -52.49M | 23.12M | -44.44M | 25.54M |
| Operating Expenses | 144.49M | 78.58M | 109.89M | 14.24M | 48.59M |
| Operating Income | 265.14M | 196.40M | 71.69M | 98.02M | 70.64M |
| Interest Expense | -25.76M | -9.67M | -21.53M | -11.91M | -2.57M |
| Other Non Operating Income (Expenses) | -1.35M | -1.53M | -874.00K | 565.00K | 64.00K |
| EBT Excluding Unusual Items | 238.03M | 185.20M | 49.29M | 86.67M | 68.13M |
| Other Unusual Items | -126.10M | ||||
| Pretax Income | 222.83M | 59.10M | 49.29M | 86.67M | 68.13M |
| Income Tax Expense | 805.00K | -4.86M | |||
| Earnings From Continuing Operations | 222.02M | 63.96M | 49.29M | 86.67M | 68.13M |
| Minority Interest in Earnings | -161.72M | -40.21M | |||
| Net Income | 60.30M | 23.75M | 49.29M | 86.67M | 68.13M |
| Preferred Dividends & Other Adjustments | 9.61M | 9.91M | |||
| Net Income to Common | 50.69M | 13.84M | 49.29M | 86.67M | 68.13M |
| Shares Outstanding (Basic) | 16.86M | 15.38M | |||
| Shares Outstanding (Diluted) | 68.62M | 60.95M | |||
| EPS (Basic) | 3.01 | 0.90 | |||
| EPS (Diluted) | 1.47 | 0.89 | |||
| Free Cash Flow | -177.10M | -168.38M | -78.45M | -330.21M | -30.68M |
| Free Cash Flow Per Share | -2.58 | -2.76 | |||
| Gross Margin | 78.37% | 77.15% | 70.10% | 69.41% | 83.28% |
| Operating Margin | 50.73% | 55.10% | 27.68% | 60.60% | 49.34% |
| Profit Margin | 9.70% | 3.88% | 19.03% | 53.59% | 47.59% |
| Free Cash Flow Margin | -33.88% | -47.24% | -30.29% | -204.17% | -21.44% |
| EBITDA | 404.08M | 300.15M | 145.41M | 151.81M | 88.97M |
| EBITDA Margin | 77.31% | 84.21% | 56.14% | 93.87% | 62.15% |
| D&A For EBITDA | 138.93M | 103.75M | 73.73M | 53.80M | 18.34M |
| EBIT | 265.14M | 196.40M | 71.69M | 98.02M | 70.64M |
| EBIT Margin | 50.73% | 55.10% | 27.68% | 60.60% | 49.34% |
| Revenue as Reported | 522.68M | 356.43M | 259.02M | 161.73M | 143.16M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 25.88M | 2.85M | 2.20M | 1.50M | 739.00K |
| Cash & Short-Term Investments | 25.88M | 2.85M | 2.20M | 1.50M | 739.00K |
| Receivables | 105.72M | 67.75M | 71.54M | 44.10M | 22.32M |
| Prepaid Expenses | 6.54M | 4.00M | 2.22M | 2.35M | 584.00K |
| Other Current Assets | 24.60M | 86.04M | 9.60M | 22.05M | 5.43M |
| Total Current Assets | 162.74M | 160.64M | 85.57M | 70.01M | 29.08M |
| Property, Plant & Equipment | 1.99B | 1.07B | 821.44M | 607.38M | 233.75M |
| Long-Term Deferred Tax Assets | 301.00K | 4.86M | |||
| Long-Term Deferred Charges | 16.80M | 6.70M | 7.90M | 4.70M | 1.10M |
| Other Long-Term Assets | 18.00M | 2.89M | 561.00K | 6.42M | 2.77M |
| Total Assets | 2.19B | 1.24B | 915.47M | 688.51M | 266.70M |
| Accounts Payable | 29.85M | 38.57M | 51.37M | 37.74M | 41.39M |
| Accrued Expenses | 104.66M | 54.14M | 35.71M | 18.59M | 9.81M |
| Current Portion of Long-Term Debt | 124.00K | 93.00K | |||
| Current Portion of Leases | 593.00K | 181.00K | 247.00K | 105.00K | 90.00K |
| Other Current Liabilities | 52.06M | 9.67M | 46.02M | 6.00K | 5.98M |
| Total Current Liabilities | 187.17M | 102.57M | 133.35M | 56.56M | 57.36M |
| Long-Term Debt | 538.15M | 150.86M | 259.41M | 171.12M | 58.05M |
| Long-Term Leases | 1.27M | 966.00K | 1.14M | 652.00K | 747.00K |
| Other Long-Term Liabilities | 11.39M | 8.53M | 13.33M | 1.72M | 1.04M |
| Total Liabilities | 737.98M | 262.93M | 407.22M | 230.05M | 117.20M |
| Common Stock | 633.00K | 607.00K | 508.24M | 458.46M | 149.51M |
| Additional Paid-In Capital | 382.73M | 310.97M | |||
| Retained Earnings | 15.58M | -4.44M | |||
| Total Common Equity | 398.95M | 307.14M | 508.24M | 458.46M | 149.51M |
| Minority Interest | 706.60M | 670.78M | |||
| Shareholders' Equity | 1.45B | 977.92M | 508.24M | 458.46M | 149.51M |
| Total Liabilities & Equity | 2.19B | 1.24B | 915.47M | 688.51M | 266.70M |
| Total Debt | 540.02M | 152.01M | 260.80M | 172.00M | 58.98M |
| Net Cash (Debt) | -514.13M | -149.16M | -258.59M | -170.49M | -58.25M |
| Net Cash Per Share | -7.49 | -2.45 | |||
| Filing Date Shares Outstanding | 18.64M | 18.17M | 15.24M | ||
| Total Common Shares Outstanding | 18.64M | 15.54M | |||
| Working Capital | -24.43M | 58.07M | -47.78M | 13.45M | -28.28M |
| Book Value Per Share | 21.40 | 19.76 | |||
| Tangible Book Value | 398.95M | 307.14M | 508.24M | 458.46M | 149.51M |
| Tangible Book Value Per Share | 21.40 | 19.76 | |||
| Machinery | 4.04M | 3.17M | 1.65M | 540.00K | |
| Leasehold Improvements | 552.00K | 552.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Net Income | 110.05M | 23.75M | 49.29M | 86.67M | 68.13M |
| Depreciation & Amortization | 138.93M | 103.75M | 73.73M | 53.80M | 18.34M |
| Other Amortization | 4.93M | 1.71M | 1.96M | 778.00K | 194.00K |
| Stock-Based Compensation | 9.70M | 133.42M | |||
| Other Operating Activities | 65.24M | -10.60M | 50.61M | -25.79M | -13.01M |
| Change in Accounts Receivable | -71.37M | 3.79M | -27.45M | -21.77M | -9.07M |
| Change in Accounts Payable | -3.11M | 743.00K | 16.37M | 7.57M | -2.16M |
| Change in Other Net Operating Assets | 59.07M | 5.21M | 13.17M | 5.22M | 2.55M |
| Operating Cash Flow | 313.43M | 261.79M | 177.67M | 106.47M | 64.98M |
| Capital Expenditures | -490.53M | -430.17M | -256.12M | -436.69M | -95.66M |
| Investing Cash Flow | -1.11B | -430.17M | -256.12M | -436.69M | -95.66M |
| Long-Term Debt Issued | 253.62M | 411.46M | 203.86M | 127.64M | |
| Long-Term Debt Repaid | -362.23M | -323.19M | -90.91M | -97.73M | |
| Net Debt Issued (Repaid) | 515.56M | -108.61M | 88.27M | 112.95M | 29.91M |
| Issuance of Common Stock | 286.46M | 500.00K | 222.28M | ||
| Repurchase of Common Stock | -3.89M | -1.19M | |||
| Other Financing Activities | -42.27M | -7.65M | -9.62M | -4.26M | -908.00K |
| Financing Cash Flow | 819.40M | 169.03M | 79.15M | 330.98M | 29.00M |
| Net Cash Flow | 19.60M | 646.00K | 699.00K | 765.00K | -1.69M |
| Free Cash Flow | -177.10M | -168.38M | -78.45M | -330.21M | -30.68M |
| Free Cash Flow Margin | -33.88% | -47.24% | -30.29% | -204.17% | -21.44% |
| Free Cash Flow Per Share | -2.58 | -2.76 | |||
| Levered Free Cash Flow | -213.24M | -179.72M | -87.18M | -369.30M | |
| Unlevered Free Cash Flow | -202.06M | -175.38M | -75.68M | -362.64M | |
| Cash Interest Paid | 9.66M | 7.27M | 19.20M | 10.14M | 2.18M |
| Change in Working Capital | -15.41M | 9.75M | 2.09M | -8.98M | -8.68M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Market Capitalization | 900.59M | 230.22M | |||
| Enterprise Value | 1.41B | 910.58M | |||
| Last Close Price | 14.57 | 14.73 | |||
| PE Ratio | 9.69 | 16.64 | |||
| Forward PE | 4.39 | 5.39 | |||
| PS Ratio | 1.77 | 0.65 | |||
| PB Ratio | 0.68 | 0.23 | |||
| P/TBV Ratio | 2.32 | 0.75 | |||
| P/OCF Ratio | 2.95 | 0.88 | |||
| PEG Ratio | 0.12 | 0.16 | |||
| EV/Sales Ratio | 2.75 | 2.56 | |||
| EV/EBITDA Ratio | 3.56 | 3.03 | |||
| EV/EBIT Ratio | 5.42 | 4.64 | |||
| Debt / Equity Ratio | 0.37 | 0.15 | 0.51 | 0.38 | 0.40 |
| Debt / EBITDA Ratio | 1.33 | 0.51 | 1.79 | 1.13 | 0.66 |
| Net Debt / Equity Ratio | 0.35 | 0.15 | 0.51 | 0.37 | 0.39 |
| Net Debt / EBITDA Ratio | 1.27 | 0.50 | 1.78 | 1.12 | 0.66 |
| Net Debt / FCF Ratio | -2.90 | -0.89 | -3.30 | -0.52 | -1.90 |
| Asset Turnover | 0.33 | 0.33 | 0.32 | 0.34 | |
| Quick Ratio | 0.70 | 0.69 | 0.55 | 0.81 | 0.40 |
| Current Ratio | 0.87 | 1.57 | 0.64 | 1.24 | 0.51 |
| Return on Equity (ROE) | 19.26% | 8.61% | 10.20% | 28.51% | |
| Return on Assets (ROA) | 10.32% | 11.39% | 5.59% | 12.83% | |
| Return on Capital Employed (ROCE) | 13.30% | 17.30% | 9.20% | 15.50% | 33.70% |
| Earnings Yield | 10.32% | 10.32% | |||
| FCF Yield | -19.17% | -73.14% |