Kimbell Royalty Partners (KRP) Net Margin (2016 - 2026)
Kimbell Royalty Partners' Net Margin was 14.34% in Q3 2026, down 6.76 percentage points from 21.10% a year earlier and down 19.81 percentage points from the prior quarter.
Kimbell Royalty Partners (KRP) Net Margin (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Kimbell Royalty Partners' Net Margin was 21.31% through Sep 30, 2026, up 21.60 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).
- Quarterly Net Margin has moved between -56.65% (Q4 2024) and 93.04% (Q4 2022) over five years.
- Compared with a year earlier, Net Margin was higher in four of the last eight quarters, with an average year-over-year change of +4.04 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 Q3 2026 was 34.15% (Q2 2026), 6.05% (Q1 2026) and 23.23% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 13.62% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 588.80% |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 14.64% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 12.37% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 13.41% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 19.95% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 8.61% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 19.16% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 10.90% |
| 10 | Kimbell Royalty Partners | 1.64 Bn | 1.60 Bn | - | 14.34% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.34% |
| 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% |
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_KEY
import 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();