KRP vs FNV vs VNOM Stock Comparison

Kimbell Royalty Partners, Franco Nevada and Viper Energy Prices as of Oct 27, 2026 Peers: Industry group
FNV FRANCO NEVADA Corp
$236.42 -8.2% 1M +28.5% 1Y
Market cap
$45.32B
P/E
31.1x
Revenue (TTM)
$2.32B
Div. yield
0.01%
Alternative Asset Managers Financial Services
5 wins
VNOM Viper Energy, Inc.
$46.44 +13.5% 1M +24.9% 1Y
Market cap
$9.06B
P/E
153.6x
Revenue (TTM)
$2.04B
Div. yield
0.05%
Oil and Gas Royalties Energy
2 wins

Head to Head

12 decided of 12

Franco Nevada leads on 5 of the 12 questions below (Franco Nevada 5, Kimbell Royalty Partners 5, Viper Energy 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionKRPFNVVNOMLeader
Larger companyMarket capitalisation $1.64B $45.32B $9.06B FNV
Cheaper on earningsLower P/E, profitable companies only 20.9x 31.1x 153.6x KRP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 16.6x 30.2x 17.3x KRP
Faster revenue growthRevenue growth, trailing twelve months +6.2% +73.6% +107.8% VNOM
More profitableNet margin, trailing twelve months 23.0% 62.8% 2.9% FNV
Better return on capitalReturn on invested capital 12.7% — 1.4% KRP
Less leveragedLower net debt / EBITDA 1.7x — 1.5x VNOM
Higher dividend yieldTrailing dividend yield 0.09% 0.01% 0.05% KRP
Better 1-year returnPrice return, last 12 months +26.0% +28.5% +24.9% FNV
Better 5-year returnAnnualised price return, 5 years +2.0%/yr +10.3%/yr — FNV
Less volatileAnnualised volatility, 1 year 22.9% 38.9% 28.1% KRP
Higher overall scoreMean of the five percentile scores vs peers 65/100 80/100 44/100 FNV

Percentile Scorecard

KRPFNVVNOM

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisKRPFNVVNOM
Valuation 36 #64 of 99 56 #81 of 181 20 #79 of 99
Growth 92 #9 of 97 91 #11 of 111 30 #68 of 97
Profitability 84 #16 of 96 98 #3 of 129 50 #49 of 96
Financial Health 56 #45 of 102 98 #5 of 164 83 #18 of 102
Shareholder Returns 59 #32 of 76 57 #33 of 75 35 #50 of 76
Overall 65 80 44
  • KRP ranked among 103 companies in Oil and Gas Upstream
  • FNV ranked among 209 companies in Asset and Wealth Management
  • VNOM ranked among 103 companies in Oil and Gas Upstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodKRPFNVVNOMSPY
1 month +15.4%-8.2%+13.5% -0.2%
3 months +15.9%+12.3%+10.5% +3.9%
6 months +11.6%+1.7%-2.9% +8.2%
Year to date +42.9%+14.1%+20.2% +12.9%
1 year +26.0%+28.5%+24.9% +12.3%
3 years +3.7%+72.0%— +87.4%
3 years, per year +1.2%+19.8%— +23.3%
5 years +10.6%+62.9%— +67.9%
5 years, per year +2.0%+10.3%— +10.9%
10 years —+272.2%— +261.1%
10 years, per year —+14.0%— +13.7%

Risk

MeasureKRPFNVVNOMSPY
Volatility, 1Y 22.9%38.9%28.1% 12.7%
Downside volatility, 1Y 24.5%42.2%29.5% 12.7%
Beta vs S&P 500, 1Y -0.371.26-0.27 1.00
Return / volatility, 1Y 1.130.730.89 0.97
Max drawdown, 5Y -43.3%-38.2%-36.6% -25.4%
From 52-week high -1.0%-15.8%-8.9% -1.2%
52-week high $16.97$280.82$50.95 $779.14
52-week low $11.36$183.97$35.84 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleKRPFNVVNOM
P/E now vs peer median 20.6xmedian 13.0x 31.3xmedian 34.2x 152.5xmedian 13.0x
P/S now vs peer median 5.0xmedian 2.1x 19.7xmedian 4.9x 8.1xmedian 2.1x
EV/EBITDA now vs peer median 8.1xmedian 5.9x 20.7xmedian 11.7x 17.0xmedian 5.9x
P/FCF now vs peer median 7.1xmedian 11.1x 25.8xmedian 13.2x 83.5xmedian 11.1x
P/B now vs peer median 2.5xmedian 1.5x 5.5xmedian 1.8x 1.6xmedian 1.5x
PEG now vs peer median -1.08median 2.27 1.05median 0.91 —median 2.27

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsKRPFNVVNOM
Revenue $341.09M $2.32B $2.04B
Gross profit – $1.79B –
Operating income $136.95M $1.82B $251.00M
Net income $101.37M $1.48B $103.00M
Free cash flow $237.72M $1.77B $198.00M
EPS (diluted) $0.66 $7.54 $0.30
Cash & equivalents $44.93M $1.01B $77.00M
Total debt $478.70M – $1.68B
Shares (diluted) 118.88M 193.00M 193.73M
Enterprise value $1.47B $42.68B $8.89B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricKRPFNVVNOM
P/E 20.6x 31.3x 152.5x
P/FCF 7.1x 25.8x 83.5x
P/Operating cash flow 7.1x 25.6x 11.1x
P/S 5.0x 19.7x 8.1x
P/B 2.5x 5.5x 1.6x
P/Tangible book 2.5x 5.5x 1.6x
EV/EBITDA 8.1x 20.7x 17.0x
EV/EBIT 15.5x 24.5x 72.3x
EV/Revenue 6.2x 19.2x 8.9x
EV/FCF 9.0x 25.2x 91.6x
EV/Operating cash flow 9.0x 25.1x 12.1x
PEG (3Y EPS CAGR) -1.08 1.05 –

Growth

14 metrics
MetricKRPFNVVNOM
Revenue growth (1Y) 6.2% 73.6% 107.8%
Revenue CAGR (3Y) 13.7% 23.5% –
Gross profit growth (1Y) – 88.6% –
Gross profit CAGR (3Y) – 32.0% –
Operating income growth (1Y) 104.7% 89.7% -56.0%
Operating income CAGR (3Y) -1.4% 34.4% –
Net income growth (1Y) 159.4% 88.3% -83.4%
Net income CAGR (3Y) -6.9% 30.6% –
EPS growth (1Y) 14,894% 87.7% -89.2%
EPS CAGR (3Y) -19.1% 29.9% –
Operating cash flow growth (1Y) -3.2% 53.7% –
Operating cash flow CAGR (3Y) 12.1% 20.0% –
Free cash flow growth (1Y) 946.8% 83.9% –
Free cash flow CAGR (3Y) 155.1% 19.8% –

Profitability

14 metrics
MetricKRPFNVVNOM
Gross margin – 77.3% –
EBITDA margin 76.7% 93.0% 52.3%
Operating margin 40.1% 78.5% 12.3%
Pretax margin 29.8% 85.0% 7.6%
Net margin 23.0% 62.8% 2.9%
FCF margin 69.7% 76.4% 9.7%
Operating cash flow margin 69.7% 76.7% 73.2%
Return on equity 16.4% 18.1% 1.0%
Return on assets 8.0% 16.7% 0.9%
Return on invested capital 12.7% – 1.4%
Return on capital employed 11.0% 20.9% 2.1%
Asset turnover 0.3x 0.3x 0.2x
Cash conversion (OCF / net income) 2.3x 1.2x 14.5x
Stock comp / revenue 4.9% 0.2% –

Financial Health

11 metrics
MetricKRPFNVVNOM
Debt / assets 36.1% – 13.9%
Debt / equity 0.7x – 0.2x
Net debt / EBITDA 1.7x – 1.5x
Debt / FCF 2.0x – 8.5x
Liabilities / assets 49.5% 7.6% 14.7%
Equity / assets 50.5% 92.4% 85.3%
Interest coverage 3.9x 1,070x –
Current ratio 7.3x 9.4x 6.4x
Quick ratio 7.1x 8.5x 6.2x
Cash ratio 3.3x 6.9x 0.8x
Altman Z-score – 41.55 5.85

Shareholder Returns

7 metrics
MetricKRPFNVVNOM
Dividend yield 9.5% 0.7% 3.5%
Net buyback yield 0.9% 0.0% 2.5%
Shareholder yield 10.4% 0.7% 6.0%
Payout ratio (earnings) 143.5% 18.0% 413.6%
Payout ratio (FCF) 61.2% 15.1% 215.2%
Dividend growth (1Y) -2.0% 12.4% –
Dividend CAGR (3Y) 7.6% 11.0% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusKRPFNVVNOM
Forward P/E 16.6xFY2026 30.2xFY2026 17.3xFY2026
EPS, next fiscal year $1.01FY2026 $7.83FY2026 $2.69FY2026
EPS growth, next FY +23.2%FY2026 +40.3%FY2026 +62.0%FY2026
EPS growth, the year after -5.0% +8.8% +2.2%
Revenue, next fiscal year $414.25MFY2026 $2.66BFY2026 $2.57BFY2026
Revenue growth, next FY +24.1%FY2026 +46.4%FY2026 +83.3%FY2026
Revenue growth, the year after +5.6% +1.3% +2.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersKRPFNVVNOM
Held by institutions 31.0% 71.6% 100.0%
Institutions holding 212 661 496
Change in shares held, QoQ -2.9% +0.4% +5.4%
Institutions buying 120 335 264
Institutions selling 41 207 150
Buyers to sellers 2.93 1.62 1.76

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

KRPFNVVNOM
KRP 1.00 -0.02 0.63
FNV -0.02 1.00 0.00
VNOM 0.63 0.00 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, KRP, FNV and VNOM?

Franco Nevada (FNV) is the largest by market capitalisation: Kimbell Royalty Partners (KRP) $1.64B, Franco Nevada (FNV) $45.32B, Viper Energy (VNOM) $9.06B.

Which stock is cheaper, KRP, FNV and VNOM?

Kimbell Royalty Partners (KRP) trades on the lowest price-to-earnings ratio (Kimbell Royalty Partners (KRP) 20.9x, Franco Nevada (FNV) 31.1x, Viper Energy (VNOM) 153.6x). On next year's consensus earnings, Kimbell Royalty Partners (KRP) is cheapest (Kimbell Royalty Partners (KRP) 16.6x, Franco Nevada (FNV) 30.2x, Viper Energy (VNOM) 17.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Viper Energy (VNOM) grew revenue fastest over the trailing twelve months: Kimbell Royalty Partners (KRP) +6.2%, Franco Nevada (FNV) +73.6%, Viper Energy (VNOM) +107.8%.

Which company is more profitable?

Franco Nevada (FNV) has the highest net margin (Kimbell Royalty Partners (KRP) 23.0%, Franco Nevada (FNV) 62.8%, Viper Energy (VNOM) 2.9%). On return on invested capital, Kimbell Royalty Partners (KRP) leads (Kimbell Royalty Partners (KRP) 12.7%, Viper Energy (VNOM) 1.4%).

Which stock has performed better?

Over the past year Franco Nevada (FNV) returned the most: Kimbell Royalty Partners (KRP) +26.0%, Franco Nevada (FNV) +28.5%, Viper Energy (VNOM) +24.9%. Over five years, Franco Nevada (FNV) compounded fastest (Kimbell Royalty Partners (KRP) +2.0%/yr, Franco Nevada (FNV) +10.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Kimbell Royalty Partners (KRP) has the highest dividend yield: Kimbell Royalty Partners (KRP) 0.09%, Franco Nevada (FNV) 0.01%, Viper Energy (VNOM) 0.05%.

Which stock is riskier?

By one-year price volatility, Kimbell Royalty Partners (KRP) has been the steadiest (Kimbell Royalty Partners (KRP) 22.9%, Franco Nevada (FNV) 38.9%, Viper Energy (VNOM) 28.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, KRP, FNV and VNOM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Franco Nevada (FNV) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.