Kimbell Royalty Partners LP
NYSE: KRP · ENERGY · OIL & GAS E&P
Updated 2026-06-05
Kimbell Royalty Partners LP (KRP) Financial statements
SEC filings — annual and quarterly data.
Margin trends — annual
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2013 | $5.02M | $-3.84M | 88.09% | 25.03% | -76.57% |
| 2014 | $7.22M | $-7.41M | 36.10% | -98.26% | -102.68% |
| 2015 | $4.68M | $-31.31M | 5.32% | -660.86% | -668.40% |
| 2016 | $3.61M | $-6.21M | 47.74% | -159.92% | -172.25% |
| 2017 | $30.66M | $1.22M | -17,096.95% | 6.68% | 3.97% |
| 2018 | $66.93M | $-50.46M | 55.75% | -71.97% | -75.39% |
| 2019 | $109.96M | $-158.21M | 45.58% | -29.91% | -143.88% |
| 2020 | $92.93M | $-159.54M | 41.49% | -269.80% | -171.67% |
| 2021 | $178.41M | $33.86M | 73.50% | 27.64% | 18.98% |
| 2022 | $285.04M | $111.93M | 76.73% | 48.03% | 39.27% |
| 2023 | $273.18M | $66.45M | 57.24% | 40.22% | 24.33% |
| 2024 | $310.65M | $12.25M | 49.93% | 11.91% | 3.94% |
| 2025 | $333.83M | $90.95M | 93.88% | 39.79% | 27.24% |
Frequently asked questions
What is Kimbell Royalty Partners LP's revenue?
Kimbell Royalty Partners LP's trailing twelve-month revenue is $315.70M. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is KRP?
In its most recent fiscal year, KRP ran a gross margin of 93.88%, an operating margin of 39.79%, and a net margin of 27.24%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does KRP generate?
KRP produced $245.73M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is KRP's balance sheet healthy?
KRP holds $43.98M in cash and equivalents against $441.50M in long-term debt, on $690.64M of shareholder equity. That debt is best read against the cash flow the business throws off each year.