Kimbell Royalty Partners (KRP) Financials

$13.19 +0.11 (+0.84%)

Closing price 05/27/2025 03:59 PM Eastern

Extended Trading

$13.20 +0.01 (+0.07%)

As of 04:00 AM Eastern

Annual Income Statements for Kimbell Royalty Partners

This table shows Kimbell Royalty Partners' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	-8.77	60	112	23	-167	-83	-57	-6.21	-31
Consolidated Net Income / (Loss)	11	83	131	42	-256	-158	-52	-6.21	-31
Net Income / (Loss) Continuing Operations	11	83	131	42	-256	-158	-52	-6.21	-31
Total Pre-Tax Income	10	87	134	43	-257	-157	-52	-6.19	-31
Total Operating Income	37	110	137	49	-251	-152	-48	-5.77	-31
Total Gross Profit	309	294	248	136	90	108	70	3.61	4.68
Total Revenue	309	294	248	136	90	108	70	3.61	4.68
Operating Revenue	311	273	285	178	93	110	67	3.61	4.68
Other Revenue	-1.35	21	-37	-43	-2.45	-1.73	3.33	-	-
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	272	184	111	86	341	260	118	9.37	36
Selling, General & Admin Expense	39	36	29	27	26	23	17	1.75	1.79
Marketing Expense	37	33	30	23	16	16	9.05	1.03	1.17
Depreciation Expense	135	96	50	37	48	52	25	1.60	4.01
Other Operating Expenses / (Income)	0.00	0.93	2.30	0.00	-	-	-	-	-
Impairment Charge	62	18	0.00	0.00	252	169	67	4.99	29
Total Other Income / (Expense), net	-27	-23	-3.38	-6.80	-6.24	-5.73	-4.09	-0.42	-0.39
Interest Expense	27	26	14	9.18	6.91	5.81	4.09	0.42	0.39
Interest & Investment Income	0.00	3.51	6.39	1.12	0.76	0.08	0.00	-	-
Other Income / (Expense), net	0.00	-0.18	4.04	1.26	-0.10	0.00	0.00	-	-
Income Tax Expense	-0.77	3.77	2.74	0.07	-0.89	0.90	0.02	0.02	-0.03
Preferred Stock Dividends Declared	21	6.31	0.00	11	7.81	14	6.31	-	-
Net Income / (Loss) Attributable to Noncontrolling Interest	-1.25	16	19	8.50	-97	-89	-1.86	-	-
Basic Earnings per Share	($0.12)	$0.93	$1.75	$0.56	($4.85)	($3.92)	($3.08)	($10.28)	($51.83)
Weighted Average Basic Shares Outstanding	76.24M	66.60M	54.11M	40.40M	34.53M	21.19M	18.44M	604.14K	604.14K
Diluted Earnings per Share	($0.12)	$0.91	$1.72	$0.51	($4.85)	($3.92)	($3.08)	($10.28)	($51.83)
Weighted Average Diluted Shares Outstanding	116.05M	93.06M	65.84M	60.96M	34.53M	21.19M	18.44M	604.14K	604.14K
Weighted Average Basic & Diluted Shares Outstanding	76.24M	66.60M	54.11M	40.40M	34.53M	21.19M	18.44M	-	-

This table shows Kimbell Royalty Partners' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	18	-38	17	8.43	3.19	9.79	14	13	23	28	38
Consolidated Net Income / (Loss)	26	-39	26	15	9.34	18	18	18	29	35	44
Net Income / (Loss) Continuing Operations	26	-39	26	15	9.34	18	18	18	29	35	44
Total Pre-Tax Income	27	-45	28	17	10	19	19	19	30	36	44
Total Operating Income	34	-39	34	24	18	27	25	25	33	39	46
Total Gross Profit	84	67	84	77	82	99	67	61	67	69	73
Total Revenue	84	67	84	77	82	99	67	61	67	69	73
Operating Revenue	90	71	74	78	88	85	72	59	58	65	74
Other Revenue	-6.05	-4.15	9.55	-1.05	-5.70	15	-4.58	1.73	9.06	3.22	-1.12
Total Cost of Revenue	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Total Operating Expenses	51	105	50	53	65	73	42	36	34	30	27
Selling, General & Admin Expense	9.64	9.37	9.47	10	9.45	9.12	10	7.93	8.28	6.45	7.48
Marketing Expense	9.88	8.08	7.95	9.40	11	9.04	8.50	8.31	7.04	5.44	7.59
Depreciation Expense	31	32	32	33	38	36	23	20	18	17	11
Impairment Charge	0.00	56	0.00	0.00	5.96	18	0.00	0.00	0.00	-	-
Total Other Income / (Expense), net	-6.63	-5.96	-6.49	-6.95	-7.30	-7.46	-6.68	-5.90	-3.06	-2.73	-2.38
Interest Expense	6.62	5.96	6.49	6.95	7.30	7.47	6.68	6.82	5.46	3.95	3.67
Other Income / (Expense), net	-0.01	-	0.00	0.00	-	-	0.00	-0.18	-	-	0.08
Income Tax Expense	1.09	-5.36	1.91	1.76	0.92	1.33	0.13	0.91	1.40	0.89	-0.22
Preferred Stock Dividends Declared	5.20	5.30	5.30	5.24	5.26	5.27	1.04	0.00	0.00	-	0.00
Net Income / (Loss) Attributable to Noncontrolling Interest	2.77	-6.78	3.12	1.51	0.89	2.76	3.84	4.30	5.56	6.85	5.49
Basic Earnings per Share	$0.20	($0.49)	$0.22	$0.11	$0.04	$0.12	$0.20	$0.24	$0.37	$0.60	$0.69
Weighted Average Basic Shares Outstanding	89.68M	76.24M	78.98M	74.83M	72.11M	66.60M	68.54M	63.27M	62.54M	54.11M	55.43M
Diluted Earnings per Share	$0.20	($0.49)	$0.22	$0.11	$0.04	$0.13	$0.19	$0.23	$0.36	$0.78	$0.59
Weighted Average Diluted Shares Outstanding	127.95M	116.05M	116.41M	116.59M	116.54M	93.06M	94.97M	82.96M	79.76M	65.84M	65.54M
Weighted Average Basic & Diluted Shares Outstanding	89.68M	76.24M	78.98M	74.83M	72.11M	66.60M	68.54M	63.27M	62.54M	54.11M	55.43M

This table details how cash moves in and out of Kimbell Royalty Partners' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	3.18	5.97	-437	-2.75	-4.40	-1.57	10	0.13	0.11
Net Cash From Operating Activities	251	174	167	91	62	81	33	1.09	2.71
Net Cash From Continuing Operating Activities	251	174	167	91	62	81	33	1.09	2.71
Net Income / (Loss) Continuing Operations	11	83	131	42	-256	-158	-52	-6.21	-31
Consolidated Net Income / (Loss)	11	83	131	42	-256	-158	-52	-6.21	-31
Depreciation Expense	135	96	50	37	48	52	25	1.60	4.01
Amortization Expense	2.48	2.28	2.19	1.85	1.38	1.20	0.47	0.01	0.03
Non-Cash Adjustments To Reconcile Net Income	104	-10	-18	13	270	184	59	5.53	30
Changes in Operating Assets and Liabilities, net	-1.56	2.60	1.57	-2.93	-0.68	1.18	0.91	0.15	0.25
Net Cash From Investing Activities	-0.21	-247	-375	-56	-91	-16	-201	-0.10	-0.54
Net Cash From Continuing Investing Activities	-0.21	-247	-375	-56	-91	-16	-201	-0.10	-0.54
Purchase of Property, Plant & Equipment	-0.21	-491	-141	-56	-89	-13	-212	-0.10	-0.54
Purchase of Investments	0.00	0.00	-237	0.00	-2.23	-2.97	0.00	-	-
Sale and/or Maturity of Investments	0.00	243	3.64	0.50	0.00	0.09	0.00	-	-
Other Investing Activities, net	0.00	0.96	0.00	0.00	-	-	-	-	-
Net Cash From Financing Activities	-248	78	226	-39	24	-67	178	-0.86	-2.06
Net Cash From Continuing Financing Activities	-248	78	-229	-39	24	-67	178	-0.86	-2.06
Repayment of Debt	-60	-147	-184	-92	-96	-0.09	-71	-0.86	-0.61
Repurchase of Common Equity	-4.91	-4.85	-6.01	-2.06	0.00	-	-	-	-
Payment of Dividends	-155	-121	-107	-50	-34	-43	-41	-	-4.51
Issuance of Debt	4.96	201	199	137	163	13	124	-	3.05
Issuance of Preferred Equity	0.00	314	0.00	0.00	-	-	103	-	-
Issuance of Common Equity	0.00	111	-228	58	-	-	-	-	-
Other Financing Activities, net	-32	-275	97	-22	53	-36	62	-	-
Cash Interest Paid	25	24	11	7.54	5.35	5.18	3.29	0.37	0.33
Cash Income Taxes Paid	0.00	2.28	3.08	0.00	0.00	0.80	0.00	0.03	0.01

This table details how cash moves in and out of Kimbell Royalty Partners' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	1.46	-0.54	3.76	-8.73	8.69	-8.54	19	1.60	-5.85	-447	3.00
Net Cash From Operating Activities	54	57	62	63	69	59	36	32	47	39	52
Net Cash From Continuing Operating Activities	54	57	62	63	69	59	36	32	47	39	52
Net Income / (Loss) Continuing Operations	26	-39	26	15	9.34	18	18	18	29	35	44
Consolidated Net Income / (Loss)	26	-39	26	15	9.34	18	18	18	29	35	44
Depreciation Expense	31	32	32	33	38	36	23	20	18	17	11
Amortization Expense	0.62	0.62	0.62	0.62	0.62	0.61	0.49	0.58	0.60	0.57	0.56
Non-Cash Adjustments To Reconcile Net Income	-4.28	70	1.19	10	23	8.48	-8.89	-8.89	-0.80	-12	-4.25
Changes in Operating Assets and Liabilities, net	0.84	-6.28	2.64	3.76	-1.68	-3.81	3.25	2.37	0.79	-1.72	0.07
Net Cash From Investing Activities	-223	-0.03	-0.04	-0.04	-0.09	-0.56	-446	200	-0.32	-141	-0.04
Net Cash From Continuing Investing Activities	-223	-0.03	-0.04	-0.04	-0.09	-0.56	-446	200	-0.32	-141	-0.04
Purchase of Property, Plant & Equipment	-223	-0.03	-0.04	-0.04	-0.09	-0.56	-446	-44	-0.32	-141	-0.04
Sale of Property, Plant & Equipment	0.01	-	-	-	-	-	-	-	-	-	-
Net Cash From Financing Activities	170	-57	-59	-72	-60	-67	428	-230	-53	110	-49
Net Cash From Continuing Financing Activities	170	-57	-59	-72	-60	-67	428	-230	-53	-345	-49
Repayment of Debt	-14	-13	-14	-20	-14	-18	-101	-14	-13	-127	-19
Repurchase of Common Equity	-5.08	-	-	-	-4.91	-	-	-	-4.85	-	-3.34
Payment of Dividends	-42	-38	-39	-41	-37	-39	-29	-23	-31	-32	-32
Issuance of Debt	74	-	-	-	4.96	-	142	55	4.00	156	7.00
Issuance of Common Equity	164	-	-	-	-	-	-	-	-	-455	-
Other Financing Activities, net	-5.81	-5.97	-6.16	-11	-9.46	-11	-8.15	-248	-7.44	113	-1.45
Cash Interest Paid	4.68	5.91	6.04	6.63	6.70	6.81	5.96	5.86	5.11	3.18	3.00

This table presents Kimbell Royalty Partners' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016
Total Assets	1,120	1,338	1,077	601	565	749	753	295	21
Total Current Assets	85	103	75	45	28	34	38	13	1.32
Cash & Equivalents	34	31	25	7.05	9.80	14	16	5.63	0.51
Accounts Receivable	49	61	51	38	19	19	19	7.03	0.82
Other Current Assets	2.40	11	241	0.17	0.00	0.69	2.98	-	-
Plant, Property, & Equipment, net	1,025	1,222	754	541	523	706	711	282	19
Plant, Property & Equipment, gross	2,049	2,049	1,466	1,204	1,149	1,033	819	298	71
Accumulated Depreciation	1,024	827	713	664	628	329	108	15	52
Total Noncurrent Assets	9.56	12	6.28	15	13	8.69	4.43	0.26	0.01
Other Noncurrent Operating Assets	4.30	5.08	3.28	4.44	3.12	3.52	1.25	-	-
Other Noncurrent Nonoperating Assets	5.26	7.33	3.00	4.21	5.09	2.22	3.18	0.26	0.01
Total Liabilities & Shareholders' Equity	1,120	1,338	1,077	601	565	749	753	295	21
Total Liabilities	256	309	263	253	186	109	91	33	12
Total Current Liabilities	13	13	19	28	8.77	5.44	3.80	2.25	1.17
Accounts Payable	6.51	6.59	1.21	0.81	0.89	1.21	1.33	0.32	1.03
Accrued Expenses	5.99	6.17	4.91	3.32	4.77	4.23	2.47	1.75	0.11
Other Current Liabilities	0.25	0.21	13	24	3.11	0.00	-	0.18	0.03
Total Noncurrent Liabilities	244	296	244	224	178	103	87	31	11
Long-Term Debt	239	294	233	217	172	100	87	31	11
Capital Lease Obligations	3.56	1.89	-	-	-	-	-	-	-
Other Noncurrent Operating Liabilities	0.95	0.26	11	7.20	6.02	3.12	-	0.13	0.12
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	316	314	237	0.00	43	75	69	-	-
Total Equity & Noncontrolling Interests	547	714	577	349	336	565	593	262	8.63
Total Preferred & Common Equity	464	557	465	330	259	284	301	262	8.63
Total Common Equity	464	557	465	330	259	284	301	262	8.63
Common Stock	464	557	465	330	259	284	301	262	-
Noncontrolling Interest	83	157	112	19	77	281	292	-	-

This table presents Kimbell Royalty Partners' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	1,326	1,215	1,243	1,291	1,390	934	1,046	822
Total Current Assets	99	92	89	103	105	71	58	66
Cash & Equivalents	36	35	31	40	40	21	19	17
Accounts Receivable	64	51	56	58	64	48	39	49
Other Current Assets	0.00	6.82	2.38	6.07	1.49	1.79	-	0.00
Plant, Property, & Equipment, net	1,217	1,113	1,145	1,178	1,276	853	0.87	510
Plant, Property & Equipment, gross	2,271	2,049	2,049	2,049	2,048	1,602	1,466	1,205
Accumulated Depreciation	1,055	936	904	871	773	750	730	696
Total Noncurrent Assets	9.60	9.48	8.71	9.59	8.46	10	987	245
Other Noncurrent Operating Assets	4.87	3.69	2.43	2.78	2.41	3.94	984	241
Other Noncurrent Nonoperating Assets	4.73	5.79	6.28	6.81	6.05	6.31	2.49	3.27
Total Liabilities & Shareholders' Equity	1,326	1,215	1,243	1,291	1,390	934	1,046	822
Total Liabilities	322	272	284	301	329	282	244	248
Total Current Liabilities	17	18	16	12	15	10	8.14	31
Accounts Payable	5.47	6.87	6.50	6.85	3.19	1.37	0.92	0.87
Accrued Expenses	7.88	11	8.98	5.33	11	8.34	5.17	6.42
Other Current Liabilities	3.17	0.00	0.18	0.00	1.42	0.43	2.06	23
Total Noncurrent Liabilities	306	254	269	289	314	272	235	217
Long-Term Debt	299	252	266	285	310	270	224	204
Capital Lease Obligations	4.65	1.60	1.70	1.80	1.98	2.07	-	2.32
Other Noncurrent Operating Liabilities	2.03	0.11	1.23	1.61	1.76	0.43	11	10
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	316	316	315	315	314	0.00	237	237
Total Equity & Noncontrolling Interests	687	627	643	675	746	652	565	337
Total Preferred & Common Equity	595	532	723	641	696	597	593	485
Total Common Equity	595	532	723	641	696	597	593	485
Common Stock	595	532	723	641	696	597	593	485
Noncontrolling Interest	92	95	-80	34	50	55	565	-149

This table displays calculated financial ratios and metrics derived from Kimbell Royalty Partners' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	5.18%	18.55%	82.91%	49.88%	-16.39%	54.11%	0.00%	-23.02%	0.00%
EBITDA Growth	-16.24%	7.87%	116.57%	144.29%	-105.04%	-336.94%	0.00%	84.58%	0.00%
EBIT Growth	-66.27%	-22.18%	178.72%	120.16%	-65.48%	-214.70%	0.00%	81.37%	0.00%
NOPAT Growth	-62.17%	-21.63%	172.44%	128.05%	-65.42%	-214.70%	0.00%	81.37%	0.00%
Net Income Growth	-86.66%	-36.54%	208.20%	116.57%	-61.87%	-202.60%	0.00%	80.16%	0.00%
EPS Growth	-113.19%	-47.09%	237.25%	110.52%	-23.72%	-27.27%	0.00%	80.17%	0.00%
Operating Cash Flow Growth	43.98%	4.58%	82.23%	46.91%	-22.87%	143.06%	0.00%	-59.95%	0.00%
Free Cash Flow Firm Growth	259.79%	51.55%	-1,251.07%	89.90%	115.92%	0.00%	0.00%	0.00%	0.00%
Invested Capital Growth	-17.06%	26.24%	85.27%	3.80%	-26.48%	-1.35%	0.00%	0.00%	0.00%
Revenue Q/Q Growth	-9.50%	11.58%	5.53%	31.35%	-2.24%	-25.71%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	-28.53%	3.52%	6.08%	350.45%	3.52%	-6,739.80%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	-63.83%	-10.18%	4.43%	167.95%	3.74%	-203.30%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	-57.75%	-11.08%	4.98%	194.46%	3.78%	-203.30%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	-83.76%	-17.35%	3.58%	151.67%	3.67%	-190.49%	0.00%	0.00%	0.00%
EPS Q/Q Growth	-124.00%	-41.67%	22.86%	131.48%	13.70%	-211.11%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-1.08%	13.46%	10.82%	9.64%	-3.71%	2.69%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	-2.21%	63.97%	-125.99%	-70.43%	166.46%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-7.74%	-3.09%	34.26%	13.86%	-16.36%	-9.10%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	56.45%	70.88%	77.90%	65.79%	-222.65%	-90.78%	-32.02%	-115.10%	-574.73%
Operating Margin	11.96%	37.36%	55.20%	36.36%	-277.11%	-140.06%	-68.59%	-159.92%	-660.86%
EBIT Margin	11.96%	37.30%	56.83%	37.29%	-277.22%	-140.06%	-68.59%	-159.92%	-660.86%
Profit (Net Income) Margin	3.58%	28.23%	52.73%	31.29%	-283.03%	-146.18%	-74.45%	-172.25%	-668.40%
Tax Burden Percent	107.49%	95.66%	97.95%	99.83%	99.66%	100.57%	100.05%	100.32%	99.90%
Interest Burden Percent	27.84%	79.10%	94.73%	84.06%	102.45%	103.78%	108.50%	107.37%	101.24%
Effective Tax Rate	-7.49%	4.34%	2.05%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	3.38%	9.12%	17.10%	9.12%	-28.07%	-14.62%	-4.62%	-43.16%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-9.07%	-0.42%	15.47%	5.27%	-97.45%	-84.51%	-31.78%	-86.31%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-2.21%	-0.11%	5.41%	2.55%	-22.23%	-9.68%	-3.28%	-100.79%	0.00%
Return on Equity (ROE)	1.17%	9.01%	22.51%	11.67%	-50.30%	-24.30%	-7.90%	-143.95%	0.00%
Cash Return on Invested Capital (CROIC)	22.03%	-14.07%	-42.69%	5.39%	2.45%	-13.26%	0.00%	-243.16%	0.00%
Operating Return on Assets (OROA)	3.01%	9.09%	16.80%	8.67%	-38.20%	-20.18%	-9.19%	-28.08%	0.00%
Return on Assets (ROA)	0.90%	6.88%	15.59%	7.28%	-39.00%	-21.07%	-9.97%	-30.25%	0.00%
Return on Common Equity (ROCE)	0.63%	5.00%	15.38%	9.44%	-26.80%	-10.91%	-4.81%	-143.95%	0.00%
Return on Equity Simple (ROE_SIMPLE)	2.38%	14.91%	28.16%	12.88%	-99.02%	-55.74%	-17.38%	-71.97%	0.00%
Net Operating Profit after Tax (NOPAT)	40	105	134	49	-176	-106	-34	-4.04	-22
NOPAT Margin	12.86%	35.74%	54.06%	36.30%	-193.98%	-98.04%	-48.01%	-111.95%	-462.61%
Net Nonoperating Expense Percent (NNEP)	12.45%	9.54%	1.63%	3.85%	69.38%	69.88%	27.16%	43.16%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	5.03%	10.41%	16.57%	-	-	-	-	-	-
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	12.46%	12.13%	11.74%	19.89%	28.63%	20.94%	23.99%	48.42%	38.21%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	88.04%	62.64%	44.80%	63.64%	377.11%	240.06%	168.63%	259.92%	760.86%
Earnings before Interest and Taxes (EBIT)	37	110	141	51	-251	-152	-48	-5.77	-31
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	175	208	193	89	-201	-98	-22	-4.15	-27
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.06	2.25	1.90	1.80	0.75	0.82	0.48	0.00	0.00
Price to Tangible Book Value (P/TBV)	4.06	2.25	1.90	1.81	0.75	0.82	0.48	0.00	0.00
Price to Revenue (P/Rev)	6.09	4.26	3.55	4.38	2.13	2.14	2.07	0.00	0.00
Price to Earnings (P/E)	0.00	20.82	7.86	26.19	0.00	0.00	0.00	0.00	0.00
Dividend Yield	10.78%	12.84%	17.72%	11.69%	15.58%	14.45%	21.04%	0.00%	0.00%
Earnings Yield	0.00%	4.80%	12.72%	3.82%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.34	1.55	1.41	1.49	0.89	0.93	0.79	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	8.05	6.77	5.79	6.04	5.18	6.20	8.24	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	14.27	9.55	7.44	9.18	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	67.34	18.15	10.20	16.19	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	62.65	18.94	10.72	16.64	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	9.93	11.42	8.63	8.96	7.54	8.31	17.42	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	9.61	0.00	0.00	28.15	30.62	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.28	0.29	0.29	0.62	0.45	0.16	0.13	1.23	0.00
Long-Term Debt to Equity	0.28	0.29	0.29	0.62	0.45	0.16	0.13	1.23	0.00
Financial Leverage	0.24	0.25	0.35	0.49	0.23	0.11	0.10	1.17	0.00
Leverage Ratio	1.30	1.31	1.44	1.60	1.29	1.15	1.13	2.38	0.00
Compound Leverage Factor	0.36	1.04	1.37	1.35	1.32	1.20	1.23	2.55	0.00
Debt to Total Capital	21.94%	22.35%	22.27%	38.36%	31.20%	13.53%	11.65%	55.11%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	21.94%	22.35%	22.27%	38.36%	31.20%	13.53%	11.65%	55.11%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	36.09%	35.61%	33.34%	3.40%	21.76%	48.12%	48.22%	0.00%	0.00%
Common Equity to Total Capital	41.96%	42.04%	44.39%	58.24%	47.04%	38.35%	40.13%	44.89%	0.00%
Debt to EBITDA	1.39	1.42	1.21	2.43	-0.85	-1.02	-3.88	-2.55	0.00
Net Debt to EBITDA	1.19	1.27	1.08	2.30	-0.78	-0.84	-3.18	-2.43	0.00
Long-Term Debt to EBITDA	1.39	1.42	1.21	2.43	-0.85	-1.02	-3.88	-2.55	0.00
Debt to NOPAT	6.10	2.82	1.74	4.41	-0.98	-0.94	-2.59	-2.63	0.00
Net Debt to NOPAT	5.24	2.52	1.55	4.17	-0.89	-0.78	-2.12	-2.50	0.00
Long-Term Debt to NOPAT	6.10	2.82	1.74	4.41	-0.98	-0.94	-2.59	-2.63	0.00
Altman Z-Score	4.87	3.00	2.73	1.95	-0.64	0.80	0.89	0.00	0.00
Noncontrolling Interest Sharing Ratio	46.03%	44.55%	31.67%	19.10%	46.72%	55.10%	39.10%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	6.69	7.95	4.01	1.60	3.23	6.28	9.90	1.13	0.00
Quick Ratio	6.50	7.07	4.03	1.60	3.23	6.15	9.11	1.13	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	259	-162	-335	29	15	-96	0.00	-23	0.00
Operating Cash Flow to CapEx	119,545.90%	35.51%	117.80%	163.08%	70.26%	634.52%	15.70%	1,114.88%	503.70%
Free Cash Flow to Firm to Interest Expense	9.71	-6.14	-24.23	3.17	2.22	-16.55	0.00	-53.55	0.00
Operating Cash Flow to Interest Expense	9.40	6.59	12.06	9.96	9.01	13.88	8.11	2.56	7.04
Operating Cash Flow Less CapEx to Interest Expense	9.39	-11.98	1.82	3.85	-3.82	11.69	-43.57	2.33	5.65
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.25	0.24	0.30	0.23	0.14	0.14	0.13	0.18	0.00
Accounts Receivable Turnover	5.65	5.29	5.59	4.78	4.79	5.68	5.43	4.41	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.28	0.30	0.38	0.26	0.15	0.15	0.14	0.19	0.00
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	64.56	69.06	65.30	76.34	76.19	64.26	67.28	82.83	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	64.56	69.06	65.30	76.34	76.19	64.26	67.28	82.83	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	1,067	1,286	1,019	550	530	721	731	19	0.00
Invested Capital Turnover	0.26	0.26	0.32	0.25	0.14	0.15	0.10	0.39	0.00
Increase / (Decrease) in Invested Capital	-219	267	469	20	-191	-9.88	0.00	19	0.00
Enterprise Value (EV)	2,491	1,991	1,437	819	469	671	578	0.00	0.00
Market Capitalization	1,883	1,254	881	594	193	232	145	0.00	0.00
Book Value per Share	$4.86	$5.88	$7.09	$5.45	$4.33	$6.05	$9.93	$14.29	$0.00
Tangible Book Value per Share	$4.86	$5.88	$7.09	$5.41	$4.33	$6.05	$9.93	$14.29	$0.00
Total Capital	1,106	1,325	1,046	566	550	740	749	19	0.00
Total Debt	243	296	233	217	172	100	87	11	0.00
Total Long-Term Debt	243	296	233	217	172	100	87	11	0.00
Net Debt	209	265	208	205	157	83	72	10	0.00
Capital Expenditures (CapEx)	0.21	491	141	56	89	13	212	0.10	0.54
Debt-free, Cash-free Net Working Capital (DFCFNWC)	38	59	31	10	9.76	14	18	-0.35	0.00
Debt-free Net Working Capital (DFNWC)	73	90	56	17	20	29	34	0.15	0.00
Net Working Capital (NWC)	73	90	56	17	20	29	34	0.15	0.00
Net Nonoperating Expense (NNE)	29	22	3.32	6.79	81	52	19	2.18	9.64
Net Nonoperating Obligations (NNO)	203	258	205	201	152	81	68	10	0.00
Total Depreciation and Amortization (D&A)	138	99	52	39	49	53	26	1.62	4.04
Debt-free, Cash-free Net Working Capital to Revenue	12.40%	20.12%	12.66%	7.41%	10.79%	13.39%	25.69%	-9.76%	0.00%
Debt-free Net Working Capital to Revenue	23.45%	30.66%	22.75%	12.61%	21.62%	26.52%	48.15%	4.27%	0.00%
Net Working Capital to Revenue	23.45%	30.66%	22.75%	12.61%	21.62%	26.52%	48.15%	4.27%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.12)	$0.00	$1.75	$0.56	($4.85)	($3.92)	($3.08)	($10.28)	($51.83)
Adjusted Weighted Average Basic Shares Outstanding	76.24M	0.00	54.11M	40.40M	34.53M	21.19M	18.44M	604.14K	604.14K
Adjusted Diluted Earnings per Share	($0.12)	$0.00	$1.72	$0.51	($4.85)	($3.92)	($3.08)	($10.28)	($51.83)
Adjusted Weighted Average Diluted Shares Outstanding	116.05M	0.00	65.84M	60.96M	34.53M	21.19M	18.44M	604.14K	604.14K
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	76.24M	0.00	54.11M	40.40M	34.53M	21.19M	18.44M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	69	123	134	49	0.58	12	13	-0.54	-1.60
Normalized NOPAT Margin	22.43%	41.67%	54.06%	36.30%	0.64%	11.37%	19.08%	-15.04%	-34.18%
Pre Tax Income Margin	3.33%	29.51%	53.83%	31.35%	-284.01%	-145.35%	-74.41%	-171.70%	-669.09%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.39	4.15	10.20	5.51	-36.32	-26.07	-11.77	-13.58	-80.39
NOPAT to Interest Expense	1.49	3.98	9.71	5.36	-25.41	-18.25	-8.24	-9.50	-56.28
EBIT Less CapEx to Interest Expense	1.38	-14.42	-0.04	-0.60	-49.15	-28.26	-63.46	-13.81	-81.79
NOPAT Less CapEx to Interest Expense	1.48	-14.59	-0.53	-0.75	-38.24	-20.44	-59.93	-9.73	-57.67
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	1,403.76%	146.18%	82.15%	118.08%	-13.44%	-27.23%	-78.32%	0.00%	-14.40%
Augmented Payout Ratio	1,448.16%	152.02%	86.74%	122.94%	-13.44%	-27.23%	-78.32%	0.00%	-14.40%

This table displays calculated financial ratios and metrics derived from Kimbell Royalty Partners' official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.40%	-32.74%	24.67%	26.04%	22.89%	44.43%	-7.84%	-16.44%	98.24%	23.35%	129.36%
EBITDA Growth	15.90%	-109.87%	37.14%	28.73%	9.43%	12.93%	-15.74%	-21.07%	128.99%	24.55%	205.08%
EBIT Growth	91.13%	-245.24%	35.25%	-2.31%	-47.31%	-31.51%	-45.11%	-45.42%	197.40%	18.18%	374.98%
NOPAT Growth	101.60%	-209.23%	26.82%	-8.66%	-49.72%	-34.65%	-45.68%	-44.40%	303.21%	20.11%	357.86%
Net Income Growth	176.89%	-320.21%	39.63%	-14.67%	-67.69%	-49.42%	-57.85%	-58.89%	243.75%	14.73%	487.22%
EPS Growth	400.00%	-476.92%	15.79%	-52.17%	-88.89%	-83.33%	-67.80%	-58.18%	280.00%	69.57%	1,866.67%
Operating Cash Flow Growth	-21.57%	-4.62%	71.54%	99.51%	46.74%	53.53%	-29.42%	-22.03%	30.59%	72.77%	105.20%
Free Cash Flow Firm Growth	98.12%	179.32%	137.33%	-146.29%	3.09%	43.73%	-136.54%	50.81%	6.06%	-3,871.45%	-243.03%
Invested Capital Growth	2.94%	-17.06%	-12.88%	32.59%	22.45%	26.24%	74.90%	17.48%	32.78%	85.27%	57.12%
Revenue Q/Q Growth	26.22%	-20.37%	9.42%	-6.88%	-17.10%	47.60%	10.62%	-9.21%	-2.57%	-5.82%	0.30%
EBITDA Q/Q Growth	1,142.69%	-109.35%	16.42%	2.11%	-11.17%	29.87%	9.28%	-13.20%	-8.33%	-3.10%	2.36%
EBIT Q/Q Growth	186.81%	-213.04%	43.16%	36.06%	-34.03%	5.26%	3.40%	-26.61%	-14.25%	-15.65%	2.82%
NOPAT Q/Q Growth	219.05%	-184.97%	48.75%	33.98%	-35.50%	-1.35%	7.14%	-26.25%	-16.16%	-18.00%	9.67%
Net Income Q/Q Growth	165.85%	-252.14%	69.92%	62.65%	-47.63%	-3.53%	3.84%	-38.42%	-18.01%	-19.61%	1.27%
EPS Q/Q Growth	140.82%	-322.73%	100.00%	175.00%	-69.23%	-31.58%	-17.39%	-36.11%	-53.85%	32.20%	7.27%
Operating Cash Flow Q/Q Growth	-4.28%	-9.37%	-0.74%	-8.93%	16.42%	63.00%	15.45%	-33.02%	21.80%	-25.06%	27.53%
Free Cash Flow Firm Q/Q Growth	-102.05%	-5.15%	174.91%	-29.13%	13.56%	55.35%	-394.21%	49.19%	49.81%	-87.67%	-2.78%
Invested Capital Q/Q Growth	18.76%	-7.74%	-2.72%	-3.42%	-4.31%	-3.09%	48.05%	-10.81%	-1.35%	34.26%	-0.56%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	77.55%	-9.39%	79.94%	75.14%	68.52%	63.94%	72.67%	73.56%	76.95%	81.78%	79.49%
Operating Margin	39.87%	-57.95%	40.82%	31.20%	21.35%	26.84%	37.63%	40.56%	49.80%	56.59%	63.08%
EBIT Margin	39.86%	-57.95%	40.82%	31.20%	21.35%	26.84%	37.63%	40.26%	49.80%	56.59%	63.18%
Profit (Net Income) Margin	30.70%	-58.85%	30.80%	19.83%	11.35%	17.97%	27.50%	29.29%	43.19%	51.32%	60.13%
Tax Burden Percent	95.96%	87.99%	93.12%	89.62%	91.01%	93.08%	99.31%	95.14%	95.37%	97.54%	100.52%
Interest Burden Percent	80.27%	115.40%	81.02%	70.93%	58.42%	71.95%	73.58%	76.48%	90.92%	92.97%	94.67%
Effective Tax Rate	4.04%	0.00%	6.88%	10.38%	8.99%	6.92%	0.69%	4.86%	4.63%	2.46%	-0.52%
Return on Invested Capital (ROIC)	9.54%	-10.67%	10.46%	8.72%	5.38%	6.37%	9.44%	12.52%	15.16%	17.46%	24.00%
ROIC Less NNEP Spread (ROIC-NNEP)	7.01%	-15.96%	7.94%	6.10%	2.38%	3.37%	6.51%	9.98%	13.76%	16.15%	22.66%
Return on Net Nonoperating Assets (RNNOA)	1.77%	-3.89%	1.90%	1.80%	0.59%	0.85%	1.80%	3.65%	4.18%	5.65%	9.11%
Return on Equity (ROE)	11.31%	-14.55%	12.37%	10.52%	5.97%	7.22%	11.24%	16.17%	19.34%	23.10%	33.11%
Cash Return on Invested Capital (CROIC)	1.44%	22.03%	21.35%	-19.64%	-12.18%	-14.07%	-43.16%	0.74%	-10.22%	-42.69%	-23.86%
Operating Return on Assets (OROA)	9.48%	-14.59%	10.71%	9.32%	5.65%	6.54%	8.97%	12.22%	14.82%	16.73%	21.55%
Return on Assets (ROA)	7.30%	-14.81%	8.08%	5.93%	3.01%	4.38%	6.56%	8.90%	12.85%	15.17%	20.50%
Return on Common Equity (ROCE)	7.01%	-7.85%	7.58%	8.62%	4.11%	4.00%	8.13%	14.28%	15.11%	15.79%	28.30%
Return on Equity Simple (ROE_SIMPLE)	4.64%	0.00%	12.81%	8.42%	9.89%	0.00%	14.43%	21.06%	25.51%	0.00%	26.01%
Net Operating Profit after Tax (NOPAT)	32	-27	32	21	16	25	25	23	32	38	46
NOPAT Margin	38.26%	-40.57%	38.01%	27.96%	19.43%	24.98%	37.37%	38.58%	47.50%	55.20%	63.40%
Net Nonoperating Expense Percent (NNEP)	2.53%	5.29%	2.52%	2.62%	2.99%	3.00%	2.94%	2.54%	1.40%	1.31%	1.34%
Return On Investment Capital (ROIC_SIMPLE)	3.25%	-3.42%	-	-	-	2.45%	-	-	-	4.68%	-
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	11.44%	14.05%	11.31%	13.39%	11.49%	9.19%	15.41%	13.05%	12.37%	9.39%	10.26%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	60.13%	157.95%	59.18%	68.80%	78.65%	73.16%	62.37%	59.44%	50.20%	44.26%	36.92%
Earnings before Interest and Taxes (EBIT)	34	-39	34	24	18	27	25	24	33	39	46
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	65	-6.26	67	58	56	63	49	45	51	56	58
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.01	4.06	3.52	2.64	2.82	2.25	1.94	1.82	1.84	1.90	1.94
Price to Tangible Book Value (P/TBV)	3.01	4.06	3.52	2.64	2.82	2.25	1.94	1.82	1.84	1.90	1.94
Price to Revenue (P/Rev)	5.75	6.09	5.48	5.87	5.85	4.26	5.13	4.03	3.87	3.55	4.01
Price to Earnings (P/E)	302.64	0.00	48.27	54.47	45.12	20.82	17.27	10.54	8.51	7.86	9.04
Dividend Yield	12.29%	10.78%	11.50%	11.12%	10.82%	12.84%	15.46%	18.04%	18.17%	17.72%	12.25%
Earnings Yield	0.33%	0.00%	2.07%	1.84%	2.22%	4.80%	5.79%	9.49%	11.75%	12.72%	11.06%
Enterprise Value to Invested Capital (EV/IC)	1.95	2.34	2.16	2.00	1.95	1.55	1.50	1.55	2.08	1.41	1.61
Enterprise Value to Revenue (EV/Rev)	7.93	8.05	7.32	7.32	7.77	6.77	7.55	5.17	7.45	5.79	5.18
Enterprise Value to EBITDA (EV/EBITDA)	13.45	14.27	10.25	10.52	11.26	9.55	9.88	6.61	9.47	7.44	6.69
Enterprise Value to EBIT (EV/EBIT)	46.57	67.34	24.47	25.49	25.55	18.15	16.28	9.74	12.93	10.20	9.02
Enterprise Value to NOPAT (EV/NOPAT)	45.54	62.65	26.60	27.22	26.88	18.94	16.82	9.97	13.26	10.72	9.54
Enterprise Value to Operating Cash Flow (EV/OCF)	10.46	9.93	9.87	10.45	12.25	11.42	12.95	8.24	11.79	8.63	8.10
Enterprise Value to Free Cash Flow (EV/FCFF)	136.86	9.61	9.44	0.00	0.00	0.00	0.00	225.79	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.30	0.28	0.27	0.28	0.29	0.29	0.29	0.42	0.28	0.29	0.36
Long-Term Debt to Equity	0.30	0.28	0.27	0.28	0.29	0.29	0.29	0.42	0.28	0.29	0.36
Financial Leverage	0.25	0.24	0.24	0.29	0.25	0.25	0.28	0.37	0.30	0.35	0.40
Leverage Ratio	1.31	1.30	1.30	1.35	1.30	1.31	1.35	1.46	1.40	1.44	1.56
Compound Leverage Factor	1.05	1.50	1.05	0.96	0.76	0.94	1.00	1.12	1.27	1.34	1.47
Debt to Total Capital	23.23%	21.94%	21.20%	21.82%	22.48%	22.35%	22.75%	29.41%	21.83%	22.27%	26.44%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	23.23%	21.94%	21.20%	21.82%	22.48%	22.35%	22.75%	29.41%	21.83%	22.27%	26.44%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	31.26%	36.09%	34.34%	19.22%	27.30%	35.61%	26.54%	5.93%	78.17%	33.34%	11.32%
Common Equity to Total Capital	45.51%	41.96%	44.45%	58.97%	50.22%	42.04%	50.71%	64.66%	57.81%	44.39%	62.24%
Debt to EBITDA	1.65	1.39	1.04	1.18	1.35	1.42	1.55	1.29	1.01	1.21	1.13
Net Debt to EBITDA	1.46	1.19	0.90	1.05	1.16	1.27	1.36	1.19	0.93	1.08	1.03
Long-Term Debt to EBITDA	1.65	1.39	1.04	1.18	1.35	1.42	1.55	1.29	1.01	1.21	1.13
Debt to NOPAT	5.60	6.10	2.70	3.06	3.21	2.82	2.64	1.95	1.42	1.74	1.61
Net Debt to NOPAT	4.95	5.24	2.33	2.71	2.77	2.52	2.31	1.80	1.30	1.55	1.47
Long-Term Debt to NOPAT	5.60	6.10	2.70	3.06	3.21	2.82	2.64	1.95	1.42	1.74	1.61
Altman Z-Score	3.73	4.65	4.59	4.42	3.98	2.80	2.79	2.76	3.11	2.42	2.80
Noncontrolling Interest Sharing Ratio	37.99%	46.03%	38.70%	18.03%	31.12%	44.55%	27.70%	11.71%	21.89%	31.67%	14.55%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	6.01	6.69	5.20	5.68	8.48	7.95	6.95	6.97	7.13	4.01	2.13
Quick Ratio	6.01	6.50	4.81	5.53	7.98	7.07	6.85	6.80	7.14	4.03	2.15
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-3.95	192	203	-271	-210	-243	-543	-110	-216	-431	-230
Operating Cash Flow to CapEx	24.29%	165,980.86%	139,575.19%	158,310.65%	75,568.71%	10,518.76%	8.16%	71.75%	14,629.19%	27.42%	119,285.10%
Free Cash Flow to Firm to Interest Expense	-0.60	32.30	31.24	-38.97	-28.72	-32.49	-81.32	-16.12	-39.60	-109.13	-62.62
Operating Cash Flow to Interest Expense	8.18	9.50	9.61	9.05	9.46	7.94	5.45	4.62	8.61	9.78	14.06
Operating Cash Flow Less CapEx to Interest Expense	-25.49	9.49	9.61	9.05	9.44	7.87	-61.31	-1.82	8.55	-25.89	14.04
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.24	0.25	0.26	0.30	0.26	0.24	0.24	0.30	0.30	0.30	0.34
Accounts Receivable Turnover	5.13	5.65	5.95	6.27	6.41	5.29	4.66	5.18	6.79	5.59	5.79
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.26	0.28	0.29	0.33	0.52	0.30	0.30	0.39	1.05	0.38	0.92
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	71.12	64.56	61.31	58.22	56.95	69.06	78.36	70.41	53.77	65.30	63.01
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	71.12	64.56	61.31	58.22	56.95	69.06	78.36	70.41	53.77	65.30	63.01
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,267	1,067	1,156	1,189	1,231	1,286	1,327	897	1,005	1,019	759
Invested Capital Turnover	0.25	0.26	0.28	0.31	0.28	0.26	0.25	0.32	0.32	0.32	0.38
Increase / (Decrease) in Invested Capital	36	-219	-171	292	226	267	568	133	248	469	276
Enterprise Value (EV)	2,468	2,491	2,503	2,380	2,405	1,991	1,989	1,391	2,095	1,437	1,218
Market Capitalization	1,791	1,883	1,873	1,907	1,809	1,254	1,351	1,086	1,089	881	942
Book Value per Share	$5.56	$4.86	$5.57	$7.57	$8.89	$5.88	$8.06	$7.42	$7.44	$7.09	$7.41
Tangible Book Value per Share	$5.56	$4.86	$5.57	$7.57	$8.89	$5.88	$8.06	$7.42	$7.44	$7.09	$7.41
Total Capital	1,307	1,106	1,197	1,226	1,277	1,325	1,373	924	1,026	1,046	780
Total Debt	304	243	254	267	287	296	312	272	224	233	206
Total Long-Term Debt	304	243	254	267	287	296	312	272	224	233	206
Net Debt	268	209	219	237	247	265	273	251	205	208	188
Capital Expenditures (CapEx)	223	0.03	0.04	0.04	0.09	0.56	446	44	0.32	141	0.04
Debt-free, Cash-free Net Working Capital (DFCFNWC)	47	38	40	42	51	59	51	40	31	31	18
Debt-free Net Working Capital (DFNWC)	83	73	74	73	91	90	90	61	50	56	35
Net Working Capital (NWC)	83	73	74	73	91	90	90	61	50	56	35
Net Nonoperating Expense (NNE)	6.37	12	6.05	6.23	6.64	6.95	6.63	5.64	2.88	2.66	2.39
Net Nonoperating Obligations (NNO)	263	203	213	230	241	258	267	245	203	205	185
Total Depreciation and Amortization (D&A)	32	32	33	34	39	37	24	20	18	17	12
Debt-free, Cash-free Net Working Capital to Revenue	15.17%	12.40%	11.62%	13.02%	16.63%	20.12%	19.17%	14.78%	10.93%	12.66%	7.51%
Debt-free Net Working Capital to Revenue	26.62%	23.45%	21.78%	22.53%	29.45%	30.66%	34.17%	22.50%	17.75%	22.75%	14.79%
Net Working Capital to Revenue	26.62%	23.45%	21.78%	22.53%	29.45%	30.66%	34.17%	22.50%	17.75%	22.75%	14.79%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.20	($0.49)	$0.22	$0.11	$0.04	$0.12	$0.20	$0.24	$0.37	$0.60	$0.69
Adjusted Weighted Average Basic Shares Outstanding	89.68M	76.24M	78.98M	74.83M	72.11M	66.60M	68.54M	63.27M	62.54M	54.11M	55.43M
Adjusted Diluted Earnings per Share	$0.20	($0.49)	$0.22	$0.11	$0.04	$0.13	$0.19	$0.23	$0.36	$0.78	$0.59
Adjusted Weighted Average Diluted Shares Outstanding	127.95M	116.05M	116.41M	116.59M	116.54M	93.06M	94.97M	82.96M	79.76M	65.84M	65.54M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	89.68M	76.24M	78.98M	74.83M	72.11M	66.60M	68.54M	63.27M	62.54M	54.11M	55.43M
Normalized Net Operating Profit after Tax (NOPAT)	32	12	32	21	21	42	25	23	32	38	32
Normalized NOPAT Margin	38.26%	18.35%	38.01%	27.96%	26.03%	42.07%	37.37%	38.58%	47.50%	55.20%	44.16%
Pre Tax Income Margin	32.00%	-66.88%	33.08%	22.13%	12.48%	19.31%	27.69%	30.79%	45.28%	52.62%	59.82%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.07	-6.49	5.27	3.44	2.41	3.57	3.79	3.59	6.10	9.84	12.56
NOPAT to Interest Expense	4.87	-4.54	4.91	3.08	2.19	3.32	3.76	3.44	5.82	9.60	12.61
EBIT Less CapEx to Interest Expense	-28.60	-6.50	5.26	3.43	2.39	3.49	-62.97	-2.85	6.04	-25.83	12.55
NOPAT Less CapEx to Interest Expense	-28.80	-4.55	4.90	3.08	2.18	3.24	-63.00	-3.00	5.76	-26.08	12.60
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	582.33%	1,403.76%	228.77%	239.85%	200.46%	146.18%	113.70%	92.92%	80.08%	82.15%	73.07%
Augmented Payout Ratio	600.74%	1,448.16%	235.98%	247.93%	208.20%	152.02%	118.53%	99.44%	84.43%	86.74%	77.82%

Frequently Asked Questions About Kimbell Royalty Partners' Financials

When does Kimbell Royalty Partners's financial year end?

According to the most recent income statement we have on file, Kimbell Royalty Partners' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Kimbell Royalty Partners' net income changed over the last 8 years?

Kimbell Royalty Partners' net income appears to be on a downward trend, with a most recent value of $11.07 million in 2024, falling from -$31.31 million in 2015. The previous period was $83.01 million in 2023. Find out what analysts predict for Kimbell Royalty Partners in the coming months.

What is Kimbell Royalty Partners's operating income?

Kimbell Royalty Partners's total operating income in 2024 was $36.99 million, based on the following breakdown:

Total Gross Profit: $309.31 million
Total Operating Expenses: $272.31 million

How has Kimbell Royalty Partners revenue changed over the last 8 years?

Over the last 8 years, Kimbell Royalty Partners' total revenue changed from $4.68 million in 2015 to $309.31 million in 2024, a change of 6,502.2%.

How much debt does Kimbell Royalty Partners have?

Kimbell Royalty Partners' total liabilities were at $256.42 million at the end of 2024, a 17.1% decrease from 2023, and a 2,053.5% increase since 2016.

How much cash does Kimbell Royalty Partners have?

In the past 8 years, Kimbell Royalty Partners' cash and equivalents has ranged from $505.88 thousand in 2016 to $34.17 million in 2024, and is currently $34.17 million as of their latest financial filing in 2024.

How has Kimbell Royalty Partners' book value per share changed over the last 8 years?

Over the last 8 years, Kimbell Royalty Partners' book value per share changed from 0.00 in 2015 to 4.86 in 2024, a change of 486.1%.

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This page (NYSE:KRP) was last updated on 5/28/2025 by MarketBeat.com Staff

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Kimbell Royalty Partners (KRP) Financials

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Kimbell Royalty Partners (KRP) Financials

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