Kimbell Royalty Partners (KRP) Tax Rate (2016 - 2026)
Kimbell Royalty Partners (KRP) recorded quarterly Tax Rate of 9.16% in Q1 2026, up 265.51% quarter-over-quarter from 5.53% in Q4 2025, and up 511.0% on a YoY basis from 1.5% in Q1 2025.
Kimbell Royalty Partners (KRP) Tax Rate (2016 - 2026) Analysis & Trends
Kimbell Royalty Partners' Tax Rate history runs 9 years deep, the most recent figure standing at 9.16% for Q1 2026.
- In Q1 2026, Tax Rate rose 511.0% year-over-year to 9.16%; the TTM figure through Mar 2026 stood at 2.14% (down 1.0% YoY), while the FY2025 annual figure was 1.32%, up 616.0% from the prior year.
- Tax Rate was 9.16% for Q1 2026 at Kimbell Royalty Partners, up from 5.53% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 12.04% in Q4 2024 to a low of 17.08% in Q3 2025.
- Historically, Tax Rate has averaged 3.7% across 5 years, with a median of 4.63% in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Rate surged 619 bps in 2024, then plunged 2396 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 2.32% in 2022, then jumped by 207 bps to 7.13% in 2023, then soared by 69 bps to 12.04% in 2024, then tumbled by 146 bps to 5.53% in 2025, then soared by 266 bps to 9.16% in 2026.
- The last three Tax Rate figures came in at 9.16% (Q1 2026), 5.53% (Q4 2025), and 17.08% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 32.08% |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 35.09% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 22.50% |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 39.49% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 18.18% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | -24.95% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 21.81% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 41.73% |
| 10 | Kimbell Royalty Partners | 1.43 Bn | 1.39 Bn | 60.38 Mn | 9.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.16% |
| Mar 31, 2026 | 9.16% |
| Dec 31, 2025 | -5.53% |
| Dec 31, 2025 | -5.53% |
| Sep 30, 2025 | -17.08% |
| Sep 30, 2025 | -17.08% |
| Jun 30, 2025 | 7.51% |
| Jun 30, 2025 | 7.51% |
| Mar 31, 2025 | 4.05% |
| Mar 31, 2025 | 4.05% |
| Dec 31, 2024 | 12.04% |
| Dec 31, 2024 | 12.04% |
| Sep 30, 2024 | 6.88% |
| Sep 30, 2024 | 6.88% |
| Jun 30, 2024 | 10.62% |
| Jun 30, 2024 | 10.62% |
| Mar 31, 2024 | 8.99% |
| Mar 31, 2024 | 8.99% |
| Dec 31, 2023 | 7.13% |
| Dec 31, 2023 | 7.13% |