Saturday 17 October 2026 Export CRT’s income statement to Excel — free account

Cross Timbers Royalty Trust

Cross Timbers Royalty Trust’s revenue for fiscal 2025 (year ended December 2025) was $14.6 million, down 15.8% from fiscal 2024. In the quarter to June 2026, revenue fell 1.16% and EPS fell 6.67%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

12.80 0.06 −0.47%

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Market cap: $77.2M
P/E: 24.2×
Fwd P/E: 13.0×
Dividend yield: 5.06%
F-score: n/a
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 4.22

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	3	5	4	3	—	2	3	2
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 77.16

Revenue 12.57

Net Income 0.00

Free Cash Flow —

Net Debt (1.76)

Current Ratio 1.00

Debt/Equity 0.00

P/E ratio 24.15

Fwd P/E 13.00

P/S ratio 6.11

P/B ratio 36.71

Past 5Y EPS Growth (0.78%)

This Y EPS Growth (50.90%)

Next Y EPS Growth —

Next Y revenue growth 8.56%

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 99.89%

10-year low 10-year high

P/S against its own 10 years 86.47%

10-year low 10-year high

P/B against its own 10 years 85.66%

10-year low 10-year high

EV/Sales against its own 10 years 85.88%

10-year low 10-year high

Dividends

Payout Ratio 1.22

Annual Dividend Rate 0.65

Annual Dividend Yield 5.06%

	total	individual payouts
2026	0.42	0.03 0.05 0.00 0.07 0.03 0.04 0.06 0.07 0.06
2025	0.75	0.10 0.05 0.16 0.03 0.08 0.04 0.03 0.01 0.03 0.08 0.04 0.11
2024	0.95	0.12 0.11 0.02 0.14 0.06 0.03 0.10 0.06 0.10 0.06 0.09 0.06
2023	1.92	0.31 0.11 0.18 0.24 0.19 0.08 0.19 0.12 0.09 0.11 0.15 0.14
2022	1.96	0.13 0.10 0.05 0.16 0.16 0.27 0.19 0.23 0.20 0.15 0.16 0.15
2021	1.11	0.05 0.09 0.04 0.10 0.08 0.10 0.12 0.10 0.16 0.07 0.07 0.14
2020	0.78	0.10 0.11 0.09 0.09 0.06 0.04 0.03 0.04 0.03 0.08 0.05 0.06
2019	0.88	0.06 0.05 0.07 0.11 0.08 0.09 0.07 0.07 0.05 0.08 0.06 0.08
2018	1.43	0.11 0.14 0.09 0.13 0.11 0.12 0.13 0.11 0.12 0.12 0.14 0.10
2017	1.01	0.08 0.06 0.09 0.09 0.08 0.09 0.08 0.09 0.08 0.10 0.09 0.08
2016	1.06	0.17 0.07 0.12 0.05 0.05 0.06 0.05 0.09 0.07 0.11 0.12 0.09

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	2	1	2	2
Receivables	0	0	0	0
Inventory	—	—	—	—
Other	—	—	—	—
	2	1	2	2

	2023	2024	2025	Q'26
Payables	—	—	—	—
ST’ Debt	—	—	—	—
Other	2	1	2	2
	2	1	2	2

Compound Annual Growth %

	10y	5y	3y
Sales	(2.88%)	5.24%	(20.93%)
Cash Flow	—	—	—
Earnings	(5.76%)	(0.80%)	(27.42%)
Book Value	(14.67%)	(22.10%)	(10.01%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	2	4	—	—	—
’25	4	4	3	4	15
’24	4	5	5	4	17
’23	8	6	5	6	25
’22	9	7	7	6	30
’21	3	4	5	0	12
’20	4	3	2	3	11

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Year

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Year

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.08	0.14	—	—	—
’25	0.30	0.15	0.08	0.23	0.75
’24	0.25	0.22	0.25	0.22	0.95
’23	0.61	0.51	0.41	0.40	1.92
’22	0.28	0.59	0.62	0.51	2.24
’21	0.17	0.28	0.38	0.28	1.11
’20	0.30	0.18	0.10	0.19	0.78

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	12.00	14.10	10.60	7.37	4.01	7.41	11.41	13.51	8.88	7.07	Analyst estimates 2026–2028 Powerpack
	High	20.59	19.00	15.97	14.24	9.50	15.50	27.17	30.40	18.49	13.31
People
People	Employees	—	—	—	—	—	—	—	—	—	—
	Revenue/emp, $m	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income, $m
Income, $m	Revenue	16	16	19	14	11	12	30	25	17	15
	Gross margin, %	71.74	71.36	77.14	62.09	61.71	60.44	80.27	70.06	58.47	51.98
	EBT	8	7	11	7	5	8	13	13	7	6
	EBT margin, %	53.05	46.25	55.14	46.30	47.90	67.51	45.61	51.61	37.78	42.15
	Net income	—	—	—	—	—	—	—	—	—	—
	Depreciation	—	—	—	—	—	—	—	—	—	—
Per share, $
Per share, $	Revenue	2.63	2.66	3.17	2.40	1.88	1.92	4.92	4.24	2.89	2.43
	Earnings	1.06	1.01	1.43	0.88	0.78	1.11	2.24	1.92	0.95	0.75
	Cash flow	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Capex	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Free cash flow	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Book value	1.65	1.55	1.42	1.36	1.25	0.54	0.49	0.45	0.41	0.36
	Shares, m	6	6	6	6	6	6	6	6	6	6
Valuation, ×
Valuation, ×	P/E	16.98	14.85	7.64	9.92	10.70	10.32	12.21	9.10	10.53	10.46
	P/S	6.84	5.57	3.44	3.63	4.37	5.97	4.97	4.14	3.43	3.27
	P/B	10.90	9.57	7.68	6.42	6.57	21.05	49.53	39.44	24.41	22.10
	EV/Sales	6.74	5.48	3.36	3.53	4.25	5.81	4.91	4.07	3.35	3.12
	EV/FCF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash, $m
Cash, $m	Operating cash flow	—	—	—	—	—	—	—	—	—	—
	Capex	—	—	—	—	—	—	—	—	—	—
	Free cash flow	—	—	—	—	—	—	—	—	—	—
Balance, $m
Balance, $m	Working capital	0	0	0	0	0	0	0	0	0	0
	Total debt	—	—	—	—	—	—	—	—	—	—
	Net debt	(2)	(1)	(2)	(2)	(1)	(2)	(2)	(2)	(1)	(2)
	Shareholders’ equity	10	9	9	8	8	3	3	3	2	2
Returns, %
Returns, %	ROA	55.44	54.46	81.85	53.12	50.37	95.44	235.97	245.88	136.23	110.83
	ROIC	62.65	58.91	94.76	62.65	55.02	336.55	791.11	1,001.58	384.42	15,560.22
	ROE	62.26	63.01	95.96	63.00	59.61	123.70	377.09	409.97	222.45	195.61

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
EPM Evolution Petroleum Corporation, Inc.	$147.4M	— (loss-making)	69.5×	+14.69% (above 0%: growing)	+30.00% (above 0%: growing)	+333.62% (above 0%: growing)	100.00%	14.31%	Compare
EP Empire Petroleum Corporation	$136.0M	— (loss-making)	—	+8.58% (above 0%: growing)	n/m	−43.32% (below 0%: shrinking)	47.01%	(16.22%)	Compare
NRT North European Oil Royality Trust	$77.5M	8.4×	—	+0.94% (above 0%: growing)	+3.85% (above 0%: growing)	−113.18% (below 0%: shrinking)	100.00%	100.00%	Compare
CRT Cross Timbers Royalty Trust	$77.2M	24.2×	13.0×	−1.16% (below 0%: shrinking)	−6.67% (below 0%: shrinking)	—	44.21%	27.28%
BSIN Big Sky Industrial Inc.	$73.0M	— (loss-making)	— (loss-making)	+5.23% (above 0%: growing)	n/m	−76.10% (below 0%: shrinking)	45.64%	(111.76%)	Compare
BATL Battalion Oil Corporation	$59.0M	— (loss-making)	25.5×	+12.42% (above 0%: growing)	n/m	+119.80% (above 0%: growing)	47.93%	14.09%	Compare
PVL PERMIANVILLE ROYALTY TRUST	$58.7M	7.3×	6.3×	+31.88% (above 0%: growing)	+200.00% (above 0%: growing)	—	56.52%	20.33%	Compare
VOC VOC Energy Trust	$57.6M	8.3×	27.3×	−31.56% (below 0%: shrinking)	−23.08% (below 0%: shrinking)	—	100.00%	94.96%	Compare
PROP Prairie Operating Co.	$40.5M	— (loss-making)	— (loss-making)	+45.17% (above 0%: growing)	+25.65% (above 0%: growing)	−5,603.85% (below 0%: shrinking)	100.00%	45.88%	Compare
Median of peers	$66.0M	8.3×	26.4×	+10.50%	+25.65%	−59.71%	78.26%	17.32%

All 73 Oil & Gas E&P stocks →

Cross Timbers Royalty Trust (CRT) key facts

Concern: Cross Timbers Royalty Trust’s revenue for fiscal 2025 (year ended December 2025) was $14.6 million, down 15.8% from fiscal 2024.
Cross Timbers Royalty Trust (CRT) is an Oil & Gas E&P company in the Energy sector, listed on the New York Stock Exchange.
As of October 16, 2026, CRT traded at $12.80, a market capitalization of $77.2 million.
Cross Timbers Royalty Trust pays an annual dividend of $0.65 per share, a yield of 5.06%, with a payout ratio of 122.2%.
Return on equity was 195.6% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.