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
DateValue
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