Kimbell Royalty Partners (KRP) Tax Rate (2018 - 2026)
Kimbell Royalty Partners (KRP) posted Tax Rate of 7.80% for Q2 2026, up 0.17 percentage points from 7.63% a year earlier but down 1.39 percentage points from the prior quarter.
Kimbell Royalty Partners (KRP) Tax Rate (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Kimbell Royalty Partners was 0.10%, up 0.59 percentage points year-over-year; for FY2025, it came in at -1.33%, up 6.44 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -1.67 percentage points (FY2020 to FY2025).
- In prior years, Kimbell Royalty Partners' Tax Rate was -7.77% in FY2024 (-12.15 pp), 4.38% in FY2023 (+2.33 pp), 2.05% in FY2022 (+1.88 pp) and 0.17% in FY2021 (-0.17 pp).
- Quarterly Tax Rate has run from a low of -17.31% in Q3 2025 to a high of 12.10% in Q4 2024 over five years.
- On a year-over-year basis, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of -4.16 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q3 2024, with a gain of 6.19 percentage points; the weakest was Q3 2025, with a drop of 24.19 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 9.20% (Q1 2026), -5.55% (Q4 2025) and -17.31% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 31.41% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 26.95% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 35.37% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 21.97% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 18.22% |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | - |
| 10 | Kimbell Royalty Partners | 1.46 Bn | 1.29 Bn | - | 7.80% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.80% |
| Mar 31, 2026 | 9.20% |
| Jun 30, 2025 | 7.63% |
| Mar 31, 2025 | 4.08% |
| Sep 30, 2024 | 6.88% |
| Jun 30, 2024 | 10.62% |
| Mar 31, 2024 | 8.99% |
| Dec 31, 2023 | 7.10% |
| Sep 30, 2023 | 0.69% |
| Jun 30, 2023 | 4.86% |
| Mar 31, 2023 | 4.63% |
| Dec 31, 2022 | 2.32% |
| Jun 30, 2022 | 4.00% |
| Mar 31, 2022 | 3.46% |
| Sep 30, 2018 | 202.22% |
Kimbell Royalty Partners Tax Rate 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=tax-rate&ticker=KRP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=KRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();