Kimbell Royalty Financials
This page shows Kimbell Royalty (KRP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Kimbell Royalty has an operating margin of 12.0%, meaning the company retains $12 of operating profit per $100 of revenue. This results in a moderate score of 60/100, indicating healthy but not exceptional operating efficiency. This is down from 37.4% the prior year.
Kimbell Royalty's revenue grew 5.2% year-over-year to $309.3M, a solid pace of expansion. This earns a growth score of 43/100.
Kimbell Royalty carries a low D/E ratio of 0.30, meaning only $0.30 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 6.69, Kimbell Royalty holds $6.69 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
Kimbell Royalty generates a 1.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 5/100. This is down from 8.1% the prior year.
Kimbell Royalty passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Kimbell Royalty generates $22.67 in operating cash flow ($250.9M OCF vs $11.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Kimbell Royalty earns $1.4 in operating income for every $1 of interest expense ($37.0M vs $26.7M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Kimbell Royalty generated $309.3M in revenue in fiscal year 2024. This represents an increase of 5.2% from the prior year.
Kimbell Royalty's EBITDA was $172.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 16.6% from the prior year.
Kimbell Royalty reported $11.1M in net income in fiscal year 2024. This represents a decrease of 86.7% from the prior year.
Kimbell Royalty held $34.2M in cash against $0 in long-term debt as of fiscal year 2024.
Kimbell Royalty's operating margin was 12.0% in fiscal year 2024, reflecting core business profitability. This is down 25.4 percentage points from the prior year.
Kimbell Royalty's net profit margin was 3.6% in fiscal year 2024, showing the share of revenue converted to profit. This is down 24.6 percentage points from the prior year.
Kimbell Royalty's ROE was 1.3% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 6.8 percentage points from the prior year.
KRP Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $80.6M-6.8% | $86.5M+2.8% | $84.2M+26.2% | $66.7M-12.9% | $76.6M-6.9% | $82.2M-17.1% | $99.2M+47.6% | $67.2M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $10.1M+5.1% | $9.6M-0.7% | $9.6M+2.8% | $9.4M-8.6% | $10.3M+8.5% | $9.4M+3.6% | $9.1M-12.0% | $10.4M |
| Operating Income | $28.8M-23.7% | $37.8M+12.5% | $33.6M+186.8% | -$38.7M-261.8% | $23.9M+36.1% | $17.6M-34.0% | $26.6M+5.3% | $25.3M |
| Interest Expense | $9.8M+9.3% | $8.9M+35.1% | $6.6M+11.2% | $6.0M-14.2% | $6.9M-4.9% | $7.3M-2.2% | $7.5M+11.7% | $6.7M |
| Income Tax | -$3.3M-250.3% | $2.2M+98.9% | $1.1M+120.3% | -$5.4M-404.7% | $1.8M+90.7% | $923K-30.4% | $1.3M+933.0% | $128K |
| Net Income | $22.3M-16.3% | $26.7M+3.2% | $25.9M+165.9% | -$39.3M-358.5% | $15.2M+62.7% | $9.3M-47.6% | $17.8M-3.5% | $18.5M |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
KRP Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.3B-2.4% | $1.3B-3.1% | $1.3B+18.4% | $1.1B-9.9% | $1.2B-3.7% | $1.3B-3.5% | $1.3B-3.7% | $1.4B |
| Current Assets | $88.4M+0.1% | $88.2M-11.2% | $99.4M+16.6% | $85.3M-4.1% | $88.9M-13.9% | $103.3M+0.2% | $103.1M-2.0% | $105.2M |
| Cash & Equivalents | $40.0M+15.9% | $34.5M-3.1% | $35.6M+4.3% | $34.2M+10.4% | $30.9M-22.0% | $39.7M+28.0% | $31.0M-21.6% | $39.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $469.4M-2.9% | $483.5M+50.1% | $322.2M+25.7% | $256.4M-9.8% | $284.4M-5.5% | $300.9M-2.7% | $309.3M-6.1% | $329.3M |
| Current Liabilities | $16.4M+1.3% | $16.2M-2.0% | $16.5M+29.6% | $12.7M-18.6% | $15.7M+28.6% | $12.2M-6.1% | $13.0M-14.3% | $15.1M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $784.4M-2.1% | $801.4M-20.2% | $1.0B+16.2% | $863.5M-9.9% | $958.4M-3.2% | $990.1M-3.7% | $1.0B-3.0% | $1.1B |
| Retained Earnings | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
KRP Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $62.8M-13.2% | $72.3M+33.6% | $54.2M-4.3% | $56.6M-10.0% | $62.9M-8.9% | $69.0M+16.4% | $59.3M+63.0% | $36.4M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$116K+66.0% | -$341K+99.8% | -$222.9M-657744.2% | -$34K+14.5% | -$40K+56.6% | -$91K+83.8% | -$564K+99.9% | -$446.0M |
| Financing Cash Flow | -$57.2M+21.8% | -$73.1M-142.9% | $170.3M+398.3% | -$57.1M+20.3% | -$71.6M-18.8% | -$60.3M+10.4% | -$67.3M-115.7% | $428.4M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
KRP Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 35.8%-7.9pp | 43.7%+3.8pp | 39.9%+97.8pp | -58.0%-89.1pp | 31.2%+9.8pp | 21.3%-5.5pp | 26.8%-10.8pp | 37.6% |
| Net Margin | 27.7%-3.1pp | 30.8%+0.1pp | 30.7%+89.5pp | -58.9%-78.7pp | 19.8%+8.5pp | 11.3%-6.6pp | 18.0%-9.5pp | 27.5% |
| Return on Equity | 2.9%-0.5pp | 3.3%+0.8pp | 2.6%-0.2pp | 2.7%+1.2pp | 1.6%+0.6pp | 0.9%-0.8pp | 1.7%0.0pp | 1.7% |
| Return on Assets | 1.8%-0.3pp | 2.1%+0.1pp | 1.9%+5.5pp | -3.5%-4.7pp | 1.2%+0.5pp | 0.7%-0.6pp | 1.3%0.0pp | 1.3% |
| Current Ratio | 5.39-0.1 | 5.45-0.6 | 6.01-0.7 | 6.69+1.0 | 5.68-2.8 | 8.48+0.5 | 7.95+1.0 | 6.95 |
| Debt-to-Equity | 0.600.0 | 0.60+0.3 | 0.32+0.0 | 0.300.0 | 0.300.0 | 0.300.0 | 0.300.0 | 0.31 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Similar Companies
Frequently Asked Questions
What is Kimbell Royalty's annual revenue?
Kimbell Royalty (KRP) reported $309.3M in total revenue for fiscal year 2024. This represents a 5.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Kimbell Royalty's revenue growing?
Kimbell Royalty (KRP) revenue grew by 5.2% year-over-year, from $294.1M to $309.3M in fiscal year 2024.
Is Kimbell Royalty profitable?
Yes, Kimbell Royalty (KRP) reported a net income of $11.1M in fiscal year 2024, with a net profit margin of 3.6%.
What is Kimbell Royalty's EBITDA?
Kimbell Royalty (KRP) had EBITDA of $172.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Kimbell Royalty's operating margin?
Kimbell Royalty (KRP) had an operating margin of 12.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Kimbell Royalty's net profit margin?
Kimbell Royalty (KRP) had a net profit margin of 3.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Kimbell Royalty's return on equity (ROE)?
Kimbell Royalty (KRP) has a return on equity of 1.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Kimbell Royalty's operating cash flow?
Kimbell Royalty (KRP) generated $250.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Kimbell Royalty's total assets?
Kimbell Royalty (KRP) had $1.1B in total assets as of fiscal year 2024, including both current and long-term assets.
What is Kimbell Royalty's current ratio?
Kimbell Royalty (KRP) had a current ratio of 6.69 as of fiscal year 2024, which is generally considered healthy.
What is Kimbell Royalty's debt-to-equity ratio?
Kimbell Royalty (KRP) had a debt-to-equity ratio of 0.30 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Kimbell Royalty's return on assets (ROA)?
Kimbell Royalty (KRP) had a return on assets of 1.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Kimbell Royalty's Piotroski F-Score?
Kimbell Royalty (KRP) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Kimbell Royalty's earnings high quality?
Kimbell Royalty (KRP) has an earnings quality ratio of 22.67x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Kimbell Royalty cover its interest payments?
Kimbell Royalty (KRP) has an interest coverage ratio of 1.4x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Kimbell Royalty?
Kimbell Royalty (KRP) scores 62 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.