Kimbell Royalty Partners (KRP) Gross Margin (2016 - 2026)

Kimbell Royalty Partners (KRP) recorded quarterly Gross Margin of 92.12% in Q1 2026, up 1.84% quarter-over-quarter from 90.46% in Q4 2025, and down 150.0% on a YoY basis from 184.23% in Q1 2025.

Kimbell Royalty Partners (KRP) Gross Margin (2016 - 2026) Analysis & Trends

Kimbell Royalty Partners' Gross Margin history runs 11 years deep, the most recent figure standing at 92.12% for Q1 2026.

  • In Q1 2026, Gross Margin fell 150.0% year-over-year to 92.12%; the TTM figure through Mar 2026 stood at 92.27% (down 235.0% YoY), while the FY2025 annual figure was 93.88%, up 47.0% from the prior year.
  • Gross Margin was 92.12% for Q1 2026 at Kimbell Royalty Partners, up from 90.46% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 102.12% in Q4 2023 to a low of 89.61% in Q1 2022.
  • Historically, Gross Margin has averaged 93.47% across 5 years, with a median of 93.4% in 2025.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin surged 1096 bps in 2023, then slumped 804 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 91.16% in 2022, then rose by 12 bps to 102.12% in 2023, then fell by 8 bps to 94.08% in 2024, then dropped by 4 bps to 90.46% in 2025, then grew by 2 bps to 92.12% in 2026.
  • The last three Gross Margin figures came in at 92.12% (Q1 2026), 90.46% (Q4 2025), and 93.04% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 85.25%
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 60.14%
4 Eog Resources 72.93 Bn 69.08 Bn - -
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 93.19%
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 99.43%
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 54.61%
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 88.15%
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 98.87%
10 Kimbell Royalty Partners 1.43 Bn 1.39 Bn 60.38 Mn 92.12%

Historic Data

Download Data
DateValue
Mar 31, 2026 92.12%
Dec 31, 2025 90.46%
Sep 30, 2025 93.04%
Jun 30, 2025 93.40%
Mar 31, 2025 93.62%
Dec 31, 2024 94.08%
Sep 30, 2024 95.69%
Jun 30, 2024 95.00%
Mar 31, 2024 92.06%
Dec 31, 2023 102.12%
Sep 30, 2023 92.58%
Jun 30, 2023 91.10%
Mar 31, 2023 93.61%
Dec 31, 2022 91.16%
Sep 30, 2022 95.79%
Jun 30, 2022 93.63%
Mar 31, 2022 89.61%
Dec 31, 2021 96.63%
Sep 30, 2021 90.58%
Jun 30, 2021 90.08%