Kimbell Royalty Partners (KRP) Tax Rate (2016 - 2026)
Kimbell Royalty Partners (KRP) posted quarterly Tax Rate of 9.16% for Q1 2026, up 511.0% year-over-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.
- In Q1 2026, Tax Rate rose 511.0% year-over-year to 9.16%; the TTM figure through Mar 2026 stood at 25.58% (up 2769.0% YoY), while the FY2025 annual figure was 21.0%, up 2849.0% from the prior year.
- Tax Rate for Q1 2026 stood at 9.16%, down from 87.89% in the prior quarter.
- The five-year high for Tax Rate was 87.89% in Q4 2025, with the low at 17.31% in Q3 2025.
- The 5-year median for Tax Rate is 4.81% (2023), against an average of 13.2%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 8661 bps in 2023, then plunged 7038 bps in 2024.
- Kimbell Royalty Partners' Tax Rate stood at 4.22% in 2022, then soared by 2053 bps to 82.39% in 2023, then slumped by 85 bps to 12.01% in 2024, then surged by 632 bps to 87.89% in 2025, then slumped by 90 bps to 9.16% in 2026.
- Business Quant data shows KRP's Tax Rate at 9.16% in Q1 2026, 87.89% in Q4 2025, and 17.31% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 35.37% |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 18.22% |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 22.15% |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 22.01% |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 22.36% |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 23.37% |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 23.18% |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 20.53% |
| 10 | Kimbell Royalty Partners | 9.16 Mn | -35.77 Mn | - | 7.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.80% |
| Jun 30, 2026 | 7.80% |
| Jun 30, 2026 | 7.80% |
| 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% |