Kimbell Royalty Partners (KRP) Tax Rate (2016 - 2026)
Kimbell Royalty Partners' (KRP) quarterly Tax Rate came in at 9.16% in Q1 2026, up 511.0% year-on-year from 1.5% in Q1 2025, and down 89.58% quarter-over-quarter from 87.89% in Q4 2025.
Kimbell Royalty Partners (KRP) Tax Rate (2016 - 2026) Analysis & Trends
Kimbell Royalty Partners' Tax Rate history runs 10 years deep, the most recent figure standing at 9.16% for Q1 2026.
- On a quarterly basis, Tax Rate rose 511.0% year-over-year to 9.16% in Q1 2026; TTM through Mar 2026 was 25.58%, a 2769.0% increase from a year earlier, with the FY2025 full-year figure at 21.0%, up 2849.0% from the prior year.
- Tax Rate fell to 9.16% in Q1 2026 per KRP's latest filing, from 87.89% in the prior quarter.
- Across five years, Tax Rate topped out at 87.89% in Q4 2025 and bottomed at 17.31% in Q3 2025.
- The 5-year median for Tax Rate is 4.81% (2023), against an average of 13.2%.
- Across the five-year window, Tax Rate jumped 8661 bps in 2023 and sank 7038 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 4.22% in 2022, then jumped by 2053 bps to 82.39% in 2023, then sank by 85 bps to 12.01% in 2024, then soared by 632 bps to 87.89% in 2025, then sank by 90 bps to 9.16% in 2026.
- Per Business Quant, the three latest KRP Tax Rate figures stand at 9.16% (Q1 2026), 87.89% (Q4 2025), and 17.31% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 35.09% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 22.50% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 18.18% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 57.82% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 39.49% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 23.18% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 22.15% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | -671.43% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 22.16% |
| 10 | Kimbell Royalty Partners | 1.75 Bn | 1.71 Bn | - | 9.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.16% |
| Mar 31, 2026 | 9.16% |
| Mar 31, 2026 | 9.16% |
| Dec 31, 2025 | 87.89% |
| Dec 31, 2025 | 87.89% |
| Dec 31, 2025 | 87.89% |
| Sep 30, 2025 | -17.31% |
| Sep 30, 2025 | -17.31% |
| Sep 30, 2025 | -17.31% |
| Jun 30, 2025 | 7.51% |
| Jun 30, 2025 | 7.51% |
| Jun 30, 2025 | 7.51% |
| Mar 31, 2025 | 4.05% |
| Mar 31, 2025 | 4.05% |
| Mar 31, 2025 | 4.05% |
| Dec 31, 2024 | 12.01% |
| Dec 31, 2024 | 12.01% |
| Dec 31, 2024 | 12.01% |
| Sep 30, 2024 | 6.86% |
| Sep 30, 2024 | 6.86% |