KRP NYSE Crude Petroleum & Natural Gas Financials FY2018βFY2025
Kimbell Royalty Partners, LP had $334M of revenue in fiscal 2025, up 7.9% on the year before. Over five years, revenue changed +29.8% a year on average.
Last close Β· Oct 23, 2026
$16.96
2.9%Hi! I read Kimbell Royalty Partners, LPβs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
+7.9%
Yes. Sales grew 7.9% last year.
Does it make a profit?
29.9%
Yes. It keeps 29.9% of every sale as profit.
How healthy are the accounts?
5 / 7
Mixed. It passes 5 of 7 health tests.
How is the share priced?
20.2x
One share costs 20.2 times its yearly profit per share.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
KIRA Β· Kimbell Royalty Partners, LP had $334M of revenue in fiscal 2025, up 7.9% on the year before. Over five years, revenue changed +29.8% a year on average. Its operating margin was 39.8%, up 27.8Β pts: of every 100 in sales, about 40 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Kimbell Royalty Partners, LP made $99.7M of net profit in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· In the last 12 months, insiders sold $0.7M of shares on the open market and bought none.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.7M
2 insiders
Of sales under plans
0%
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 22, 2026 | Blayne RhynsburgerController | Sold | 1,700 | $14.31 | $0.0M | Form 4 |
| Aug 25, 2026 | Blayne RhynsburgerController | Sold | 4,524 | $15.08 | $0.1M | Form 4 |
| Mar 23, 2026 | Blayne RhynsburgerController | Sold | 6,609 | $14.48 | $0.1M | Form 4 |
| Mar 2, 2026 | Mitch S. WynneDirector | Sold | 35,000 | $14.48 | $0.5M | Form 4 |
Can it carry its debts, and how well does it use its money?
Cash, debt and the ratios that show how comfortably Kimbell Royalty Partners, LP can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $7.1M | $24.6M | $31.0M | $34.2M | $44.0M |
| Interest coverage | 5.4x | 9.9x | 4.2x | 1.4x | 3.9x |
| Current ratio | 1.6x | 4.0x | 7.9x | 6.7x | 8.6x |
| Quick ratio | 1.6x | 4.0x | 7.9x | 6.7x | 8.6x |
| Total assets | $601M | $1.1B | $1.3B | $1.1B | $1.2B |
| Total liabilities | $253M | $263M | $309M | $256M | $456M |
| Net debt (β = net cash) | β | β | β | β | β |
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Kimbell Royalty Partners, LP passes 5 of 7 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 3 / 8 | 3 / 8 | 5 / 7 | 6 / 7 | 4 / 7 | 4 / 7 | 5 / 7 |
| Accruals ratio | β11.3% | β31.8% | β48.5% | β8.4% | β4.3% | β7.6% | β19.5% | β12.5% |
| Altman Z'' | β | β | β | β | β | β | β | β |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $70.3M | $108M | $90.5M | $136M | $248M | $294M | $309M | $334M |
| Operating income | β$48.2M | β$152M | β$251M | $49.3M | $137M | $110M | $37.0M | $133M |
| Interest expense | $4.1M | $5.8M | $6.4M | $9.2M | $13.8M | $26.0M | $26.7M | $34.5M |
| Pretax income | β$52.3M | β$157M | β$257M | $42.5M | $134M | $86.8M | $10.3M | $98.3M |
| Income tax | $0.0M | $0.9M | β$0.9M | $0.1M | $2.7M | $3.8M | β$0.8M | β$1.3M |
| Net income | β$52.3M | β$158M | β$256M | $42.4M | $131M | $83.0M | $11.1M | $99.7M |
| Net income to common | β$56.7M | β | β | β | β | β | β | β |
| Diluted EPS | β$3.08 | β$3.92 | β$4.85 | $0.51 | $1.72 | $0.91 | β$0.12 | $0.62 |
| Diluted shares | 0.02B | 0.02B | 0.03B | 0.06B | 0.07B | 0.09B | 0.12B | 0.12B |
| Cash flow | ||||||||
| Cash from operations | $33.2M | $80.7M | $62.2M | $91.4M | $167M | $174M | $251M | $246M |
| Capital expenditure | $0.4M | β | β | β | β | β | β | β |
| Free cash flow | $32.8M | β | β | β | β | β | β | β |
| Depreciation and amortization | $25.2M | $52.1M | $48.0M | $36.8M | $50.1M | $96.5M | $135M | $125M |
| Stock-based compensation | $3.2M | $7.5M | $9.3M | $10.6M | $11.1M | $13.1M | $16.4M | $16.3M |
| Balance sheet | ||||||||
| Cash and short-term investments | $15.8M | $14.2M | $9.8M | $7.1M | $24.6M | $31.0M | $34.2M | $44.0M |
| Total debt | $87.3M | $100M | $172M | β | β | β | β | β |
| Current assets | $37.6M | $34.1M | $28.3M | $45.4M | $75.2M | $103M | $85.3M | $88.5M |
| Current liabilities | $3.8M | $5.4M | $8.8M | $28.3M | $18.8M | $13.0M | $12.7M | $10.2M |
| Property and equipment, net | $0.4M | $1.3M | $2.0M | $1.9M | $1.0M | $0.6M | $0.3M | $0.6M |
| Total assets | $753M | $749M | $565M | $601M | $1.1B | $1.3B | $1.1B | $1.2B |
| Total liabilities | $91.1M | $109M | $186M | $253M | $263M | $309M | $256M | $456M |
| Margins | ||||||||
| Operating margin | β68.6% | β140.1% | β277.1% | 36.4% | 55.2% | 37.4% | 12.0% | 39.8% |
| EBITDA margin | β32.7% | β91.9% | β224.1% | 63.5% | 75.4% | 70.2% | 55.6% | 77.1% |
| Net margin | β74.4% | β146.2% | β283.0% | 31.3% | 52.7% | 28.2% | 3.6% | 29.9% |
| FCF margin | 46.7% | β | β | β | β | β | β | β |
| Returns | ||||||||
| Return on capital employed | β6.4% | β20.4% | β45.1% | 8.6% | 12.9% | 8.3% | 3.3% | 10.9% |
| Return on assets | β6.9% | β21.1% | β39.0% | 7.3% | 15.6% | 6.9% | 0.9% | 8.5% |
| Growth | ||||||||
| Revenue growth | β | 54.0% | β16.4% | 49.9% | 82.9% | 18.5% | 5.2% | 7.9% |
| Net income growth | β | β | β | β | 208.2% | β36.5% | β86.7% | 800.2% |
| EPS growth | β | β | β | β | 237.3% | β47.1% | β113.2% | β |
| Share count change | β | 14.9% | 62.9% | 76.5% | 8.0% | 41.3% | 24.7% | 4.5% |
| Financial health | ||||||||
| Interest coverage | β11.8x | β26.1x | β39.0x | 5.4x | 9.9x | 4.2x | 1.4x | 3.9x |
| Current ratio | 9.9x | 6.3x | 3.2x | 1.6x | 4.0x | 7.9x | 6.7x | 8.6x |
| Quick ratio | 9.9x | 6.3x | 3.2x | 1.6x | 4.0x | 7.9x | 6.7x | 8.6x |
| Capital allocation | ||||||||
| Capex / revenue | 0.6% | β | β | β | β | β | β | β |
| Stock comp / revenue | 4.5% | 6.9% | 10.2% | 7.8% | 4.5% | 4.5% | 5.3% | 4.9% |
| Quality scores | ||||||||
| Piotroski F-score | β | 3.0 | 3.0 | 5.0 | 6.0 | 4.0 | 4.0 | 5.0 |
| Accruals ratio | β11.3% | β31.8% | β48.5% | β8.4% | β4.3% | β7.6% | β19.5% | β12.5% |
Source: SEC EDGAR XBRL filings (CIK 0001657788). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
