Kimbell Royalty Partners (KRP) Return on Invested Capital [ROIC] (2018 - 2026)
Kimbell Royalty Partners' Return on Invested Capital [ROIC] came in at 10.46% for Q3 2026, up 4.82 percentage points from 5.65% a year earlier but down 2.21 percentage points from the prior quarter.
Kimbell Royalty Partners (KRP) Return on Invested Capital [ROIC] (2018 - 2026) Analysis & Trends
For FY2025, Kimbell Royalty Partners' Return on Invested Capital [ROIC] was 14.42%, up 10.30 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +57.05 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 4.12% in FY2024 (-7.44 pp), 11.56% in FY2023 (-7.94 pp), 19.50% in FY2022 (+10.33 pp) and 9.17% in FY2021 (+51.80 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is 4.44% (Q4 2024) to 23.63% (Q3 2022).
- Year-over-year, Return on Invested Capital [ROIC] has increased for four consecutive quarters, with an average year-over-year change of +0.95 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q1 2023 (a gain of 9.75 percentage points), and the weakest in Q3 2023 (a drop of 11.68 percentage points).
- Business Quant data shows KRP's Return on Invested Capital [ROIC] at 12.67% (Q2 2026), 11.13% (Q1 2026) and 12.47% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 13.86% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 12.13% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 9.03% |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 25.32% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 57.33% |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 25.31% |
| 10 | Kimbell Royalty Partners | 1.64 Bn | 1.60 Bn | - | 10.46% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.46% |
| Jun 30, 2026 | 12.67% |
| Mar 31, 2026 | 11.13% |
| Dec 31, 2025 | 12.47% |
| Sep 30, 2025 | 5.65% |
| Jun 30, 2025 | 6.40% |
| Mar 31, 2025 | 5.98% |
| Dec 31, 2024 | 4.44% |
| Sep 30, 2024 | 10.51% |
| Jun 30, 2024 | 9.34% |
| Mar 31, 2024 | 9.08% |
| Dec 31, 2023 | 10.17% |
| Sep 30, 2023 | 11.96% |
| Jun 30, 2023 | 16.32% |
| Mar 31, 2023 | 19.78% |
| Dec 31, 2022 | 19.87% |
| Sep 30, 2022 | 23.63% |
| Jun 30, 2022 | 17.11% |
| Mar 31, 2022 | 10.04% |
| Dec 31, 2020 | -44.80% |
Kimbell Royalty Partners Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=KRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=KRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();