Kimbell Royalty Partners (KRP) Asset Utilization Ratio (2017 - 2026)
Kimbell Royalty Partners' (KRP) quarterly Asset Utilization Ratio came in at 0.26 in Q1 2026, up 2.2% year-on-year from 0.25 in Q1 2025, and down 3.25% quarter-over-quarter from 0.27 in Q4 2025.
Kimbell Royalty Partners (KRP) Asset Utilization Ratio (2017 - 2026) Analysis & Trends
Kimbell Royalty Partners' Asset Utilization Ratio history runs 10 years deep, the most recent figure standing at 0.26 for Q1 2026.
- On a quarterly basis, Asset Utilization Ratio rose 2.2% year-over-year to 0.26 in Q1 2026; TTM through Mar 2026 was 0.26, a 2.2% increase from a year earlier, with the FY2025 full-year figure at 0.28, up 12.91% from the prior year.
- Asset Utilization Ratio declined to 0.26 in Q1 2026 per KRP's latest filing, from 0.27 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.33 in Q3 2022 and bottomed at 0.22 in Q4 2023.
- The 5-year median for Asset Utilization Ratio is 0.26 (2026), against an average of 0.26.
- Across the five-year window, Asset Utilization Ratio surged 89.14% in 2022 and sank 31.39% in 2023, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.26 in 2022, then retreated by 17.5% to 0.22 in 2023, then climbed by 22.89% to 0.26 in 2024, then rose by 1.47% to 0.27 in 2025, then decreased by 3.25% to 0.26 in 2026.
- Per Business Quant, the three latest KRP Asset Utilization Ratio figures stand at 0.26 (Q1 2026), 0.27 (Q4 2025), and 0.25 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 0.47 |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 0.45 |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 0.22 |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 0.24 |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 0.23 |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 0.50 |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 0.53 |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 0.50 |
| 10 | Kimbell Royalty Partners | 1.75 Bn | 1.71 Bn | - | 0.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.26 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 0.25 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.25 |
| Dec 31, 2024 | 0.26 |
| Sep 30, 2024 | 0.28 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.24 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.23 |
| Jun 30, 2023 | 0.27 |
| Mar 31, 2023 | 0.27 |
| Dec 31, 2022 | 0.26 |
| Sep 30, 2022 | 0.33 |
| Jun 30, 2022 | 0.28 |
| Mar 31, 2022 | 0.26 |
| Dec 31, 2021 | 0.30 |
| Sep 30, 2021 | 0.18 |
| Jun 30, 2021 | 0.16 |