Kimbell Royalty Partners (KRP) Net Margin (2016 - 2026)
Kimbell Royalty Partners' Net Margin was 34.15% in Q2 2026, up 31.83 percentage points from 2.32% a year earlier and up 28.10 percentage points from the prior quarter.
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Analysis
Kimbell Royalty Partners (KRP) Net Margin (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Kimbell Royalty Partners' Net Margin was 23.03% through Jun 30, 2026, up 23.20 percentage points year-over-year; for FY2025, it was 16.79%, up 19.64 percentage points from FY2024.
- Net Margin shows a five-year change of +201.74 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -2.86% in FY2024 (-23.31 pp), 20.45% in FY2023 (-24.67 pp), 45.12% in FY2022 (+32.21 pp) and 12.92% in FY2021 (+197.87 pp).
- The Q2 2026 figure marks the highest quarterly Net Margin since Q1 2023.
- Compared with a year earlier, Net Margin was higher in five of the last eight quarters, with an average year-over-year change of +4.96 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q4 2021 (a gain of 288.22 percentage points); the worst was Q4 2023 (a drop of 83.19 percentage points).
- Per Business Quant data, KRP's Net Margin in the three quarters before Q2 2026 was 6.05% (Q1 2026), 23.23% (Q4 2025) and 21.10% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 11.43% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 17.23% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 8.80% |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 13.62% |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 20.14% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 9.17% |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 7.39% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 30.55% |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 21.33% |
| 10 | Kimbell Royalty Partners | 1.46 Bn | 1.29 Bn | - | 34.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.15% |
| Mar 31, 2026 | 6.05% |
| Dec 31, 2025 | 23.23% |
| Sep 30, 2025 | 21.10% |
| Jun 30, 2025 | 2.32% |
| Mar 31, 2025 | 21.21% |
| Dec 31, 2024 | -56.65% |
| Sep 30, 2024 | 20.74% |
| Jun 30, 2024 | 10.98% |
| Mar 31, 2024 | 3.85% |
| Dec 31, 2023 | 9.85% |
| Sep 30, 2023 | 20.21% |
| Jun 30, 2023 | 22.17% |
| Mar 31, 2023 | 34.85% |
| Dec 31, 2022 | 93.04% |
| Sep 30, 2022 | 51.91% |
| Jun 30, 2022 | 48.18% |
| Mar 31, 2022 | 21.72% |
| Dec 31, 2021 | 21.01% |
| Sep 30, 2021 | 5.78% |
API Access
Kimbell Royalty Partners Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=KRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "KRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=KRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();