Kimbell Royalty Partners (KRP) Operating Margin (2016 - 2026)
Kimbell Royalty Partners (KRP) posted Operating Margin of 36.27% for Q3 2026, up 0.48 percentage points from 35.78% a year earlier but down 16.79 percentage points from the prior quarter.
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Analysis
Kimbell Royalty Partners (KRP) Operating Margin (2016 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Operating Margin at Kimbell Royalty Partners was 40.20%, up 20.85 percentage points year-over-year; for FY2025, it was 39.79%, up 27.83 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of +316.90 percentage points (FY2020 to FY2025).
- In prior years, Kimbell Royalty Partners' Operating Margin was 11.96% in FY2024 (-25.40 pp), 37.36% in FY2023 (-17.83 pp), 55.20% in FY2022 (+27.03 pp) and 28.16% in FY2021 (+305.27 pp).
- Quarterly Operating Margin has run from a low of -57.95% in Q4 2024 to a high of 127.37% in Q4 2022 over five years.
- On a year-over-year basis, Operating Margin increased in five of the last eight quarters, with an average year-over-year change of +4.10 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q4 2021, with a gain of 428.82 percentage points; the weakest was Q4 2023, with a drop of 100.53 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 53.06% (Q2 2026), 24.10% (Q1 2026) and 39.56% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 18.93% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 20.54% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 39.66% |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 7.15% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 50.83% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 36.02% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 78.41% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 14.27% |
| 10 | Kimbell Royalty Partners | 1.64 Bn | 1.60 Bn | - | 36.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 36.27% |
| Jun 30, 2026 | 53.06% |
| Mar 31, 2026 | 24.10% |
| Dec 31, 2025 | 39.56% |
| Sep 30, 2025 | 35.78% |
| Jun 30, 2025 | 43.66% |
| Mar 31, 2025 | 39.87% |
| Dec 31, 2024 | -57.95% |
| Sep 30, 2024 | 40.82% |
| Jun 30, 2024 | 31.20% |
| Mar 31, 2024 | 21.35% |
| Dec 31, 2023 | 26.83% |
| Sep 30, 2023 | 37.63% |
| Jun 30, 2023 | 40.56% |
| Mar 31, 2023 | 49.80% |
| Dec 31, 2022 | 127.37% |
| Sep 30, 2022 | 62.27% |
| Jun 30, 2022 | 55.88% |
| Mar 31, 2022 | 24.11% |
| Dec 31, 2021 | 33.25% |
API Access
Kimbell Royalty Partners Operating 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=operating-margin&ticker=KRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=KRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();