Kimbell Royalty Partners (KRP) Financials

$12.64 +0.39 (+3.14%)

As of 03:11 PM Eastern

Annual Income Statements for Kimbell Royalty Partners

This table shows Kimbell Royalty Partners' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-31	-6.21	-57	-83	-167	23	112	60	-8.77
Consolidated Net Income / (Loss)	-31	-6.21	-52	-158	-256	42	131	83	11
Net Income / (Loss) Continuing Operations	-31	-6.21	-52	-158	-256	42	131	83	11
Total Pre-Tax Income	-31	-6.19	-52	-157	-257	43	134	87	10
Total Operating Income	-31	-5.77	-48	-152	-251	49	137	110	37
Total Gross Profit	4.68	3.61	70	108	90	136	248	294	309
Total Revenue	4.68	3.61	70	108	90	136	248	294	309
Operating Revenue	4.68	3.61	67	110	93	178	285	273	311
Other Revenue	-	-	3.33	-1.73	-2.45	-43	-37	21	-1.35
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	36	9.37	118	260	341	86	111	184	272
Selling, General & Admin Expense	1.79	1.75	17	23	26	27	29	36	39
Marketing Expense	1.17	1.03	9.05	16	16	23	30	33	37
Depreciation Expense	4.01	1.60	25	52	48	37	50	96	135
Other Operating Expenses / (Income)	-	-	-	-	-	0.00	2.30	0.93	0.00
Impairment Charge	29	4.99	67	169	252	0.00	0.00	18	62
Total Other Income / (Expense), net	-0.39	-0.42	-4.09	-5.73	-6.24	-6.80	-3.38	-23	-27
Interest Expense	0.39	0.42	4.09	5.81	6.91	9.18	14	26	27
Interest & Investment Income	-	-	0.00	0.08	0.76	1.12	6.39	3.51	0.00
Other Income / (Expense), net	-	-	0.00	0.00	-0.10	1.26	4.04	-0.18	0.00
Income Tax Expense	-0.03	0.02	0.02	0.90	-0.89	0.07	2.74	3.77	-0.77
Preferred Stock Dividends Declared	-	-	6.31	14	7.81	11	0.00	6.31	21
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	-1.86	-89	-97	8.50	19	16	-1.25
Basic Earnings per Share	($51.83)	($10.28)	($3.08)	($3.92)	($4.85)	$0.56	$1.75	$0.93	($0.12)
Weighted Average Basic Shares Outstanding	604.14K	604.14K	18.44M	21.19M	34.53M	40.40M	54.11M	66.60M	76.24M
Diluted Earnings per Share	($51.83)	($10.28)	($3.08)	($3.92)	($4.85)	$0.51	$1.72	$0.91	($0.12)
Weighted Average Diluted Shares Outstanding	604.14K	604.14K	18.44M	21.19M	34.53M	60.96M	65.84M	93.06M	116.05M
Weighted Average Basic & Diluted Shares Outstanding	-	-	18.44M	21.19M	34.53M	40.40M	54.11M	66.60M	76.24M

This table shows Kimbell Royalty Partners' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	38	28	23	13	14	9.79	3.19	8.43	17	-38
Consolidated Net Income / (Loss)	44	35	29	18	18	18	9.34	15	26	-39
Net Income / (Loss) Continuing Operations	44	35	29	18	18	18	9.34	15	26	-39
Total Pre-Tax Income	44	36	30	19	19	19	10	17	28	-45
Total Operating Income	46	39	33	25	25	27	18	24	34	-39
Total Gross Profit	73	69	67	61	67	99	82	77	84	67
Total Revenue	73	69	67	61	67	99	82	77	84	67
Operating Revenue	74	65	58	59	72	85	88	78	74	71
Other Revenue	-1.12	3.22	9.06	1.73	-4.58	15	-5.70	-1.05	9.55	-4.15
Total Operating Expenses	27	30	34	36	42	73	65	53	50	105
Selling, General & Admin Expense	7.48	6.45	8.28	7.93	10	9.12	9.45	10	9.47	9.37
Marketing Expense	7.59	5.44	7.04	8.31	8.50	9.04	11	9.40	7.95	8.08
Depreciation Expense	11	17	18	20	23	36	38	33	32	32
Impairment Charge	-	-	0.00	0.00	0.00	18	5.96	0.00	0.00	56
Total Other Income / (Expense), net	-2.38	-2.73	-3.06	-5.90	-6.68	-7.46	-7.30	-6.95	-6.49	-5.96
Interest Expense	3.67	3.95	5.46	6.82	6.68	7.47	7.30	6.95	6.49	5.96
Income Tax Expense	-0.22	0.89	1.40	0.91	0.13	1.33	0.92	1.76	1.91	-5.36
Preferred Stock Dividends Declared	0.00	-	0.00	0.00	1.04	5.27	5.26	5.24	5.30	5.30
Net Income / (Loss) Attributable to Noncontrolling Interest	5.49	6.85	5.56	4.30	3.84	2.76	0.89	1.51	3.12	-6.78
Basic Earnings per Share	$0.69	$0.60	$0.37	$0.24	$0.20	$0.12	$0.04	$0.11	$0.22	($0.49)
Weighted Average Basic Shares Outstanding	55.43M	54.11M	62.54M	63.27M	68.54M	66.60M	72.11M	74.83M	78.98M	76.24M
Diluted Earnings per Share	$0.59	$0.78	$0.36	$0.23	$0.19	$0.13	$0.04	$0.11	$0.22	($0.49)
Weighted Average Diluted Shares Outstanding	65.54M	65.84M	79.76M	82.96M	94.97M	93.06M	116.54M	116.59M	116.41M	116.05M
Weighted Average Basic & Diluted Shares Outstanding	55.43M	54.11M	62.54M	63.27M	68.54M	66.60M	72.11M	74.83M	78.98M	76.24M

This table details how cash moves in and out of Kimbell Royalty Partners' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	0.11	0.13	10	-1.57	-4.40	-2.75	-437	5.97	3.18
Net Cash From Operating Activities	2.71	1.09	33	81	62	91	167	174	251
Net Cash From Continuing Operating Activities	2.71	1.09	33	81	62	91	167	174	251
Net Income / (Loss) Continuing Operations	-31	-6.21	-52	-158	-256	42	131	83	11
Consolidated Net Income / (Loss)	-31	-6.21	-52	-158	-256	42	131	83	11
Depreciation Expense	4.01	1.60	25	52	48	37	50	96	135
Amortization Expense	0.03	0.01	0.47	1.20	1.38	1.85	2.19	2.28	2.48
Non-Cash Adjustments To Reconcile Net Income	30	5.53	59	184	270	13	-18	-10	104
Changes in Operating Assets and Liabilities, net	0.25	0.15	0.91	1.18	-0.68	-2.93	1.57	2.60	-1.56
Net Cash From Investing Activities	-0.54	-0.10	-201	-16	-91	-56	-375	-247	-0.21
Net Cash From Continuing Investing Activities	-0.54	-0.10	-201	-16	-91	-56	-375	-247	-0.21
Purchase of Property, Plant & Equipment	-0.54	-0.10	-212	-13	-89	-56	-141	-491	-0.21
Purchase of Investments	-	-	0.00	-2.97	-2.23	0.00	-237	0.00	0.00
Sale and/or Maturity of Investments	-	-	0.00	0.09	0.00	0.50	3.64	243	0.00
Other Investing Activities, net	-	-	-	-	-	0.00	0.00	0.96	0.00
Net Cash From Financing Activities	-2.06	-0.86	178	-67	24	-39	226	78	-248
Net Cash From Continuing Financing Activities	-2.06	-0.86	178	-67	24	-39	-229	78	-248
Repayment of Debt	-0.61	-0.86	-71	-0.09	-96	-92	-184	-147	-60
Repurchase of Common Equity	-	-	-	-	0.00	-2.06	-6.01	-4.85	-4.91
Payment of Dividends	-4.51	-	-41	-43	-34	-50	-107	-121	-155
Issuance of Debt	3.05	-	124	13	163	137	199	201	4.96
Issuance of Preferred Equity	-	-	103	-	-	0.00	0.00	314	0.00
Issuance of Common Equity	-	-	-	-	-	58	-228	111	0.00
Other Financing Activities, net	-	-	62	-36	53	-22	97	-275	-32
Cash Interest Paid	0.33	0.37	3.29	5.18	5.35	7.54	11	24	25
Cash Income Taxes Paid	0.01	0.03	0.00	0.80	0.00	0.00	3.08	2.28	0.00

This table details how cash moves in and out of Kimbell Royalty Partners' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	3.00	-447	-5.85	1.60	19	-8.54	8.69	-8.73	3.76	-0.54
Net Cash From Operating Activities	52	39	47	32	36	59	69	63	62	57
Net Cash From Continuing Operating Activities	52	39	47	32	36	59	69	63	62	57
Net Income / (Loss) Continuing Operations	44	35	29	18	18	18	9.34	15	26	-39
Consolidated Net Income / (Loss)	44	35	29	18	18	18	9.34	15	26	-39
Depreciation Expense	11	17	18	20	23	36	38	33	32	32
Amortization Expense	0.56	0.57	0.60	0.58	0.49	0.61	0.62	0.62	0.62	0.62
Non-Cash Adjustments To Reconcile Net Income	-4.25	-12	-0.80	-8.89	-8.89	8.48	23	10	1.19	70
Changes in Operating Assets and Liabilities, net	0.07	-1.72	0.79	2.37	3.25	-3.81	-1.68	3.76	2.64	-6.28
Net Cash From Investing Activities	-0.04	-141	-0.32	200	-446	-0.56	-0.09	-0.04	-0.04	-0.03
Net Cash From Continuing Investing Activities	-0.04	-141	-0.32	200	-446	-0.56	-0.09	-0.04	-0.04	-0.03
Purchase of Property, Plant & Equipment	-0.04	-141	-0.32	-44	-446	-0.56	-0.09	-0.04	-0.04	-0.03
Net Cash From Financing Activities	-49	110	-53	-230	428	-67	-60	-72	-59	-57
Net Cash From Continuing Financing Activities	-49	-345	-53	-230	428	-67	-60	-72	-59	-57
Repayment of Debt	-19	-127	-13	-14	-101	-18	-14	-20	-14	-13
Payment of Dividends	-32	-32	-31	-23	-29	-39	-37	-41	-39	-38
Other Financing Activities, net	-1.45	113	-7.44	-248	-8.15	-11	-9.46	-11	-6.16	-5.97
Cash Interest Paid	3.00	3.18	5.11	5.86	5.96	6.81	6.70	6.63	6.04	5.91

This table presents Kimbell Royalty Partners' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	21	295	753	749	565	601	1,077	1,338	1,120
Total Current Assets	1.32	13	38	34	28	45	75	103	85
Cash & Equivalents	0.51	5.63	16	14	9.80	7.05	25	31	34
Accounts Receivable	0.82	7.03	19	19	19	38	51	61	49
Other Current Assets	-	-	2.98	0.69	0.00	0.17	241	11	2.40
Plant, Property, & Equipment, net	19	282	711	706	523	541	754	1,222	1,025
Plant, Property & Equipment, gross	71	298	819	1,033	1,149	1,204	1,466	2,049	2,049
Accumulated Depreciation	52	15	108	329	628	664	713	827	1,024
Total Noncurrent Assets	0.01	0.26	4.43	8.69	13	15	6.28	12	9.56
Other Noncurrent Operating Assets	-	-	1.25	3.52	3.12	4.44	3.28	5.08	4.30
Other Noncurrent Nonoperating Assets	0.01	0.26	3.18	2.22	5.09	4.21	3.00	7.33	5.26
Total Liabilities & Shareholders' Equity	21	295	753	749	565	601	1,077	1,338	1,120
Total Liabilities	12	33	91	109	186	253	263	309	256
Total Current Liabilities	1.17	2.25	3.80	5.44	8.77	28	19	13	13
Accounts Payable	1.03	0.32	1.33	1.21	0.89	0.81	1.21	6.59	6.51
Accrued Expenses	0.11	1.75	2.47	4.23	4.77	3.32	4.91	6.17	5.99
Other Current Liabilities	0.03	0.18	-	0.00	3.11	24	13	0.21	0.25
Total Noncurrent Liabilities	11	31	87	103	178	224	244	296	244
Long-Term Debt	11	31	87	100	172	217	233	294	239
Capital Lease Obligations	-	-	-	-	-	-	-	1.89	3.56
Other Noncurrent Operating Liabilities	0.12	0.13	-	3.12	6.02	7.20	11	0.26	0.95
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	-	-	69	75	43	0.00	237	314	316
Total Equity & Noncontrolling Interests	8.63	262	593	565	336	349	577	714	547
Total Preferred & Common Equity	8.63	262	301	284	259	330	465	557	464
Total Common Equity	8.63	262	301	284	259	330	465	557	464
Common Stock	-	262	301	284	259	330	465	557	464
Noncontrolling Interest	-	-	292	281	77	19	112	157	83

This table presents Kimbell Royalty Partners' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	822	1,046	934	1,390	1,291	1,243	1,215
Total Current Assets	66	58	71	105	103	89	92
Cash & Equivalents	17	19	21	40	40	31	35
Accounts Receivable	49	39	48	64	58	56	51
Other Current Assets	0.00	-	1.79	1.49	6.07	2.38	6.82
Plant, Property, & Equipment, net	510	0.87	853	1,276	1,178	1,145	1,113
Plant, Property & Equipment, gross	1,205	1,466	1,602	2,048	2,049	2,049	2,049
Accumulated Depreciation	696	730	750	773	871	904	936
Total Noncurrent Assets	245	987	10	8.46	9.59	8.71	9.48
Other Noncurrent Operating Assets	241	984	3.94	2.41	2.78	2.43	3.69
Other Noncurrent Nonoperating Assets	3.27	2.49	6.31	6.05	6.81	6.28	5.79
Total Liabilities & Shareholders' Equity	822	1,046	934	1,390	1,291	1,243	1,215
Total Liabilities	248	244	282	329	301	284	272
Total Current Liabilities	31	8.14	10	15	12	16	18
Accounts Payable	0.87	0.92	1.37	3.19	6.85	6.50	6.87
Accrued Expenses	6.42	5.17	8.34	11	5.33	8.98	11
Other Current Liabilities	23	2.06	0.43	1.42	0.00	0.18	0.00
Total Noncurrent Liabilities	217	235	272	314	289	269	254
Long-Term Debt	204	224	270	310	285	266	252
Capital Lease Obligations	2.32	-	2.07	1.98	1.80	1.70	1.60
Other Noncurrent Operating Liabilities	10	11	0.43	1.76	1.61	1.23	0.11
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	237	237	0.00	314	315	315	316
Total Equity & Noncontrolling Interests	337	565	652	746	675	643	627
Total Preferred & Common Equity	485	593	597	696	641	723	532
Total Common Equity	485	593	597	696	641	723	532
Common Stock	485	593	597	696	641	723	532
Noncontrolling Interest	-149	565	55	50	34	-80	95

This table displays calculated financial ratios and metrics derived from Kimbell Royalty Partners' official financial filings.

Metric	2015	2016	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	-23.02%	0.00%	54.11%	-16.39%	49.88%	82.91%	18.55%	5.18%
EBITDA Growth	0.00%	84.58%	0.00%	-336.94%	-105.04%	144.29%	116.57%	7.87%	-16.24%
EBIT Growth	0.00%	81.37%	0.00%	-214.70%	-65.48%	120.16%	178.72%	-22.18%	-66.27%
NOPAT Growth	0.00%	81.37%	0.00%	-214.70%	-65.42%	128.05%	172.44%	-21.63%	-62.17%
Net Income Growth	0.00%	80.16%	0.00%	-202.60%	-61.87%	116.57%	208.20%	-36.54%	-86.66%
EPS Growth	0.00%	80.17%	0.00%	-27.27%	-23.72%	110.52%	237.25%	-47.09%	-113.19%
Operating Cash Flow Growth	0.00%	-59.95%	0.00%	143.06%	-22.87%	46.91%	82.23%	4.58%	43.98%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	0.00%	115.92%	89.90%	-1,251.07%	51.55%	259.79%
Invested Capital Growth	0.00%	0.00%	0.00%	-1.35%	-26.48%	3.80%	85.27%	26.24%	-17.06%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	-25.71%	-2.24%	31.35%	5.53%	11.58%	-9.50%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	-6,739.80%	3.52%	350.45%	6.08%	3.52%	-28.53%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-203.30%	3.74%	167.95%	4.43%	-10.18%	-63.83%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-203.30%	3.78%	194.46%	4.98%	-11.08%	-57.75%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-190.49%	3.67%	151.67%	3.58%	-17.35%	-83.76%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-211.11%	13.70%	131.48%	22.86%	-41.67%	-124.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	2.69%	-3.71%	9.64%	10.82%	13.46%	-1.08%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	166.46%	-70.43%	-125.99%	63.97%	-2.21%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	-9.10%	-16.36%	13.86%	34.26%	-3.09%	-7.74%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	-574.73%	-115.10%	-32.02%	-90.78%	-222.65%	65.79%	77.90%	70.88%	56.45%
Operating Margin	-660.86%	-159.92%	-68.59%	-140.06%	-277.11%	36.36%	55.20%	37.36%	11.96%
EBIT Margin	-660.86%	-159.92%	-68.59%	-140.06%	-277.22%	37.29%	56.83%	37.30%	11.96%
Profit (Net Income) Margin	-668.40%	-172.25%	-74.45%	-146.18%	-283.03%	31.29%	52.73%	28.23%	3.58%
Tax Burden Percent	99.90%	100.32%	100.05%	100.57%	99.66%	99.83%	97.95%	95.66%	107.49%
Interest Burden Percent	101.24%	107.37%	108.50%	103.78%	102.45%	84.06%	94.73%	79.10%	27.84%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.17%	2.05%	4.34%	-7.49%
Return on Invested Capital (ROIC)	0.00%	-43.16%	-4.62%	-14.62%	-28.07%	9.12%	17.10%	9.12%	3.38%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-86.31%	-31.78%	-84.51%	-97.45%	5.27%	15.47%	-0.42%	-9.07%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-100.79%	-3.28%	-9.68%	-22.23%	2.55%	5.41%	-0.11%	-2.21%
Return on Equity (ROE)	0.00%	-143.95%	-7.90%	-24.30%	-50.30%	11.67%	22.51%	9.01%	1.17%
Cash Return on Invested Capital (CROIC)	0.00%	-243.16%	0.00%	-13.26%	2.45%	5.39%	-42.69%	-14.07%	22.03%
Operating Return on Assets (OROA)	0.00%	-28.08%	-9.19%	-20.18%	-38.20%	8.67%	16.80%	9.09%	3.01%
Return on Assets (ROA)	0.00%	-30.25%	-9.97%	-21.07%	-39.00%	7.28%	15.59%	6.88%	0.90%
Return on Common Equity (ROCE)	0.00%	-143.95%	-4.81%	-10.91%	-26.80%	9.44%	15.38%	5.00%	0.63%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-71.97%	-17.38%	-55.74%	-99.02%	12.88%	28.16%	14.91%	2.38%
Net Operating Profit after Tax (NOPAT)	-22	-4.04	-34	-106	-176	49	134	105	40
NOPAT Margin	-462.61%	-111.95%	-48.01%	-98.04%	-193.98%	36.30%	54.06%	35.74%	12.86%
Net Nonoperating Expense Percent (NNEP)	0.00%	43.16%	27.16%	69.88%	69.38%	3.85%	1.63%	9.54%	12.45%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	16.57%	10.41%	5.03%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	38.21%	48.42%	23.99%	20.94%	28.63%	19.89%	11.74%	12.13%	12.46%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	760.86%	259.92%	168.63%	240.06%	377.11%	63.64%	44.80%	62.64%	88.04%
Earnings before Interest and Taxes (EBIT)	-31	-5.77	-48	-152	-251	51	141	110	37
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-27	-4.15	-22	-98	-201	89	193	208	175
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.48	0.82	0.75	1.80	1.90	2.25	4.06
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.48	0.82	0.75	1.81	1.90	2.25	4.06
Price to Revenue (P/Rev)	0.00	0.00	2.07	2.14	2.13	4.38	3.55	4.26	6.09
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	26.19	7.86	20.82	0.00
Dividend Yield	0.00%	0.00%	21.04%	14.45%	15.58%	11.69%	17.72%	12.84%	10.78%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	3.82%	12.72%	4.80%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.79	0.93	0.89	1.49	1.41	1.55	2.34
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	8.24	6.20	5.18	6.04	5.79	6.77	8.05
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	9.18	7.44	9.55	14.27
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	16.19	10.20	18.15	67.34
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	16.64	10.72	18.94	62.65
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	17.42	8.31	7.54	8.96	8.63	11.42	9.93
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	30.62	28.15	0.00	0.00	9.61
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	1.23	0.13	0.16	0.45	0.62	0.29	0.29	0.28
Long-Term Debt to Equity	0.00	1.23	0.13	0.16	0.45	0.62	0.29	0.29	0.28
Financial Leverage	0.00	1.17	0.10	0.11	0.23	0.49	0.35	0.25	0.24
Leverage Ratio	0.00	2.38	1.13	1.15	1.29	1.60	1.44	1.31	1.30
Compound Leverage Factor	0.00	2.55	1.23	1.20	1.32	1.35	1.37	1.04	0.36
Debt to Total Capital	0.00%	55.11%	11.65%	13.53%	31.20%	38.36%	22.27%	22.35%	21.94%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	55.11%	11.65%	13.53%	31.20%	38.36%	22.27%	22.35%	21.94%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	48.22%	48.12%	21.76%	3.40%	33.34%	35.61%	36.09%
Common Equity to Total Capital	0.00%	44.89%	40.13%	38.35%	47.04%	58.24%	44.39%	42.04%	41.96%
Debt to EBITDA	0.00	-2.55	-3.88	-1.02	-0.85	2.43	1.21	1.42	1.39
Net Debt to EBITDA	0.00	-2.43	-3.18	-0.84	-0.78	2.30	1.08	1.27	1.19
Long-Term Debt to EBITDA	0.00	-2.55	-3.88	-1.02	-0.85	2.43	1.21	1.42	1.39
Debt to NOPAT	0.00	-2.63	-2.59	-0.94	-0.98	4.41	1.74	2.82	6.10
Net Debt to NOPAT	0.00	-2.50	-2.12	-0.78	-0.89	4.17	1.55	2.52	5.24
Long-Term Debt to NOPAT	0.00	-2.63	-2.59	-0.94	-0.98	4.41	1.74	2.82	6.10
Altman Z-Score	0.00	0.00	0.89	0.80	-0.64	1.95	2.73	3.00	4.87
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	39.10%	55.10%	46.72%	19.10%	31.67%	44.55%	46.03%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.13	9.90	6.28	3.23	1.60	4.01	7.95	6.69
Quick Ratio	0.00	1.13	9.11	6.15	3.23	1.60	4.03	7.07	6.50
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-23	0.00	-96	15	29	-335	-162	259
Operating Cash Flow to CapEx	503.70%	1,114.88%	15.70%	634.52%	70.26%	163.08%	117.80%	35.51%	119,545.90%
Free Cash Flow to Firm to Interest Expense	0.00	-53.55	0.00	-16.55	2.22	3.17	-24.23	-6.14	9.71
Operating Cash Flow to Interest Expense	7.04	2.56	8.11	13.88	9.01	9.96	12.06	6.59	9.40
Operating Cash Flow Less CapEx to Interest Expense	5.65	2.33	-43.57	11.69	-3.82	3.85	1.82	-11.98	9.39
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.18	0.13	0.14	0.14	0.23	0.30	0.24	0.25
Accounts Receivable Turnover	0.00	4.41	5.43	5.68	4.79	4.78	5.59	5.29	5.65
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.19	0.14	0.15	0.15	0.26	0.38	0.30	0.28
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	82.83	67.28	64.26	76.19	76.34	65.30	69.06	64.56
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	82.83	67.28	64.26	76.19	76.34	65.30	69.06	64.56
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	19	731	721	530	550	1,019	1,286	1,067
Invested Capital Turnover	0.00	0.39	0.10	0.15	0.14	0.25	0.32	0.26	0.26
Increase / (Decrease) in Invested Capital	0.00	19	0.00	-9.88	-191	20	469	267	-219
Enterprise Value (EV)	0.00	0.00	578	671	469	819	1,437	1,991	2,491
Market Capitalization	0.00	0.00	145	232	193	594	881	1,254	1,883
Book Value per Share	$0.00	$14.29	$9.93	$6.05	$4.33	$5.45	$7.09	$5.88	$4.86
Tangible Book Value per Share	$0.00	$14.29	$9.93	$6.05	$4.33	$5.41	$7.09	$5.88	$4.86
Total Capital	0.00	19	749	740	550	566	1,046	1,325	1,106
Total Debt	0.00	11	87	100	172	217	233	296	243
Total Long-Term Debt	0.00	11	87	100	172	217	233	296	243
Net Debt	0.00	10	72	83	157	205	208	265	209
Capital Expenditures (CapEx)	0.54	0.10	212	13	89	56	141	491	0.21
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-0.35	18	14	9.76	10	31	59	38
Debt-free Net Working Capital (DFNWC)	0.00	0.15	34	29	20	17	56	90	73
Net Working Capital (NWC)	0.00	0.15	34	29	20	17	56	90	73
Net Nonoperating Expense (NNE)	9.64	2.18	19	52	81	6.79	3.32	22	29
Net Nonoperating Obligations (NNO)	0.00	10	68	81	152	201	205	258	203
Total Depreciation and Amortization (D&A)	4.04	1.62	26	53	49	39	52	99	138
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-9.76%	25.69%	13.39%	10.79%	7.41%	12.66%	20.12%	12.40%
Debt-free Net Working Capital to Revenue	0.00%	4.27%	48.15%	26.52%	21.62%	12.61%	22.75%	30.66%	23.45%
Net Working Capital to Revenue	0.00%	4.27%	48.15%	26.52%	21.62%	12.61%	22.75%	30.66%	23.45%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($51.83)	($10.28)	($3.08)	($3.92)	($4.85)	$0.56	$1.75	$0.00	($0.12)
Adjusted Weighted Average Basic Shares Outstanding	604.14K	604.14K	18.44M	21.19M	34.53M	40.40M	54.11M	0.00	76.24M
Adjusted Diluted Earnings per Share	($51.83)	($10.28)	($3.08)	($3.92)	($4.85)	$0.51	$1.72	$0.00	($0.12)
Adjusted Weighted Average Diluted Shares Outstanding	604.14K	604.14K	18.44M	21.19M	34.53M	60.96M	65.84M	0.00	116.05M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	18.44M	21.19M	34.53M	40.40M	54.11M	0.00	76.24M
Normalized Net Operating Profit after Tax (NOPAT)	-1.60	-0.54	13	12	0.58	49	134	123	69
Normalized NOPAT Margin	-34.18%	-15.04%	19.08%	11.37%	0.64%	36.30%	54.06%	41.67%	22.43%
Pre Tax Income Margin	-669.09%	-171.70%	-74.41%	-145.35%	-284.01%	31.35%	53.83%	29.51%	3.33%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-80.39	-13.58	-11.77	-26.07	-36.32	5.51	10.20	4.15	1.39
NOPAT to Interest Expense	-56.28	-9.50	-8.24	-18.25	-25.41	5.36	9.71	3.98	1.49
EBIT Less CapEx to Interest Expense	-81.79	-13.81	-63.46	-28.26	-49.15	-0.60	-0.04	-14.42	1.38
NOPAT Less CapEx to Interest Expense	-57.67	-9.73	-59.93	-20.44	-38.24	-0.75	-0.53	-14.59	1.48
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-14.40%	0.00%	-78.32%	-27.23%	-13.44%	118.08%	82.15%	146.18%	1,403.76%
Augmented Payout Ratio	-14.40%	0.00%	-78.32%	-27.23%	-13.44%	122.94%	86.74%	152.02%	1,448.16%

This table displays calculated financial ratios and metrics derived from Kimbell Royalty Partners' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	129.36%	23.35%	98.24%	-16.44%	-7.84%	44.43%	22.89%	26.04%	24.67%	-32.74%
EBITDA Growth	205.08%	24.55%	128.99%	-21.07%	-15.74%	12.93%	9.43%	28.73%	37.14%	-109.87%
EBIT Growth	374.98%	18.18%	197.40%	-45.42%	-45.11%	-31.51%	-47.31%	-2.31%	35.25%	-245.24%
NOPAT Growth	357.86%	20.11%	303.21%	-44.40%	-45.68%	-34.65%	-49.72%	-8.66%	26.82%	-209.23%
Net Income Growth	487.22%	14.73%	243.75%	-58.89%	-57.85%	-49.42%	-67.69%	-14.67%	39.63%	-320.21%
EPS Growth	1,866.67%	69.57%	280.00%	-58.18%	-67.80%	-83.33%	-88.89%	-52.17%	15.79%	-476.92%
Operating Cash Flow Growth	105.20%	72.77%	30.59%	-22.03%	-29.42%	53.53%	46.74%	99.51%	71.54%	-4.62%
Free Cash Flow Firm Growth	-243.03%	-3,871.45%	6.06%	50.81%	-136.54%	43.73%	3.09%	-146.29%	137.33%	179.32%
Invested Capital Growth	57.12%	85.27%	32.78%	17.48%	74.90%	26.24%	22.45%	32.59%	-12.88%	-17.06%
Revenue Q/Q Growth	0.30%	-5.82%	-2.57%	-9.21%	10.62%	47.60%	-17.10%	-6.88%	9.42%	-20.37%
EBITDA Q/Q Growth	2.36%	-3.10%	-8.33%	-13.20%	9.28%	29.87%	-11.17%	2.11%	16.42%	-109.35%
EBIT Q/Q Growth	2.82%	-15.65%	-14.25%	-26.61%	3.40%	5.26%	-34.03%	36.06%	43.16%	-213.04%
NOPAT Q/Q Growth	9.67%	-18.00%	-16.16%	-26.25%	7.14%	-1.35%	-35.50%	33.98%	48.75%	-184.97%
Net Income Q/Q Growth	1.27%	-19.61%	-18.01%	-38.42%	3.84%	-3.53%	-47.63%	62.65%	69.92%	-252.14%
EPS Q/Q Growth	7.27%	32.20%	-53.85%	-36.11%	-17.39%	-31.58%	-69.23%	175.00%	100.00%	-322.73%
Operating Cash Flow Q/Q Growth	27.53%	-25.06%	21.80%	-33.02%	15.45%	63.00%	16.42%	-8.93%	-0.74%	-9.37%
Free Cash Flow Firm Q/Q Growth	-2.78%	-87.67%	49.81%	49.19%	-394.21%	55.35%	13.56%	-29.13%	174.91%	-5.15%
Invested Capital Q/Q Growth	-0.56%	34.26%	-1.35%	-10.81%	48.05%	-3.09%	-4.31%	-3.42%	-2.72%	-7.74%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	79.49%	81.78%	76.95%	73.56%	72.67%	63.94%	68.52%	75.14%	79.94%	-9.39%
Operating Margin	63.08%	56.59%	49.80%	40.56%	37.63%	26.84%	21.35%	31.20%	40.82%	-57.95%
EBIT Margin	63.18%	56.59%	49.80%	40.26%	37.63%	26.84%	21.35%	31.20%	40.82%	-57.95%
Profit (Net Income) Margin	60.13%	51.32%	43.19%	29.29%	27.50%	17.97%	11.35%	19.83%	30.80%	-58.85%
Tax Burden Percent	100.52%	97.54%	95.37%	95.14%	99.31%	93.08%	91.01%	89.62%	93.12%	87.99%
Interest Burden Percent	94.67%	92.97%	90.92%	76.48%	73.58%	71.95%	58.42%	70.93%	81.02%	115.40%
Effective Tax Rate	-0.52%	2.46%	4.63%	4.86%	0.69%	6.92%	8.99%	10.38%	6.88%	0.00%
Return on Invested Capital (ROIC)	24.00%	17.46%	15.16%	12.52%	9.44%	6.37%	5.38%	8.72%	10.46%	-10.67%
ROIC Less NNEP Spread (ROIC-NNEP)	22.66%	16.15%	13.76%	9.98%	6.51%	3.37%	2.38%	6.10%	7.94%	-15.96%
Return on Net Nonoperating Assets (RNNOA)	9.11%	5.65%	4.18%	3.65%	1.80%	0.85%	0.59%	1.80%	1.90%	-3.89%
Return on Equity (ROE)	33.11%	23.10%	19.34%	16.17%	11.24%	7.22%	5.97%	10.52%	12.37%	-14.55%
Cash Return on Invested Capital (CROIC)	-23.86%	-42.69%	-10.22%	0.74%	-43.16%	-14.07%	-12.18%	-19.64%	21.35%	22.03%
Operating Return on Assets (OROA)	21.55%	16.73%	14.82%	12.22%	8.97%	6.54%	5.65%	9.32%	10.71%	-14.59%
Return on Assets (ROA)	20.50%	15.17%	12.85%	8.90%	6.56%	4.38%	3.01%	5.93%	8.08%	-14.81%
Return on Common Equity (ROCE)	28.30%	15.79%	15.11%	14.28%	8.13%	4.00%	4.11%	8.62%	7.58%	-7.85%
Return on Equity Simple (ROE_SIMPLE)	26.01%	0.00%	25.51%	21.06%	14.43%	0.00%	9.89%	8.42%	12.81%	0.00%
Net Operating Profit after Tax (NOPAT)	46	38	32	23	25	25	16	21	32	-27
NOPAT Margin	63.40%	55.20%	47.50%	38.58%	37.37%	24.98%	19.43%	27.96%	38.01%	-40.57%
Net Nonoperating Expense Percent (NNEP)	1.34%	1.31%	1.40%	2.54%	2.94%	3.00%	2.99%	2.62%	2.52%	5.29%
Return On Investment Capital (ROIC_SIMPLE)	-	4.68%	-	-	-	2.45%	-	-	-	-3.42%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	10.26%	9.39%	12.37%	13.05%	15.41%	9.19%	11.49%	13.39%	11.31%	14.05%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	36.92%	44.26%	50.20%	59.44%	62.37%	73.16%	78.65%	68.80%	59.18%	157.95%
Earnings before Interest and Taxes (EBIT)	46	39	33	24	25	27	18	24	34	-39
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	58	56	51	45	49	63	56	58	67	-6.26
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.94	1.90	1.84	1.82	1.94	2.25	2.82	2.64	3.52	4.06
Price to Tangible Book Value (P/TBV)	1.94	1.90	1.84	1.82	1.94	2.25	2.82	2.64	3.52	4.06
Price to Revenue (P/Rev)	4.01	3.55	3.87	4.03	5.13	4.26	5.85	5.87	5.48	6.09
Price to Earnings (P/E)	9.04	7.86	8.51	10.54	17.27	20.82	45.12	54.47	48.27	0.00
Dividend Yield	12.25%	17.72%	18.17%	18.04%	15.46%	12.84%	10.82%	11.12%	11.50%	10.78%
Earnings Yield	11.06%	12.72%	11.75%	9.49%	5.79%	4.80%	2.22%	1.84%	2.07%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.61	1.41	2.08	1.55	1.50	1.55	1.95	2.00	2.16	2.34
Enterprise Value to Revenue (EV/Rev)	5.18	5.79	7.45	5.17	7.55	6.77	7.77	7.32	7.32	8.05
Enterprise Value to EBITDA (EV/EBITDA)	6.69	7.44	9.47	6.61	9.88	9.55	11.26	10.52	10.25	14.27
Enterprise Value to EBIT (EV/EBIT)	9.02	10.20	12.93	9.74	16.28	18.15	25.55	25.49	24.47	67.34
Enterprise Value to NOPAT (EV/NOPAT)	9.54	10.72	13.26	9.97	16.82	18.94	26.88	27.22	26.60	62.65
Enterprise Value to Operating Cash Flow (EV/OCF)	8.10	8.63	11.79	8.24	12.95	11.42	12.25	10.45	9.87	9.93
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	225.79	0.00	0.00	0.00	0.00	9.44	9.61
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.36	0.29	0.28	0.42	0.29	0.29	0.29	0.28	0.27	0.28
Long-Term Debt to Equity	0.36	0.29	0.28	0.42	0.29	0.29	0.29	0.28	0.27	0.28
Financial Leverage	0.40	0.35	0.30	0.37	0.28	0.25	0.25	0.29	0.24	0.24
Leverage Ratio	1.56	1.44	1.40	1.46	1.35	1.31	1.30	1.35	1.30	1.30
Compound Leverage Factor	1.47	1.34	1.27	1.12	1.00	0.94	0.76	0.96	1.05	1.50
Debt to Total Capital	26.44%	22.27%	21.83%	29.41%	22.75%	22.35%	22.48%	21.82%	21.20%	21.94%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	26.44%	22.27%	21.83%	29.41%	22.75%	22.35%	22.48%	21.82%	21.20%	21.94%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	11.32%	33.34%	78.17%	5.93%	26.54%	35.61%	27.30%	19.22%	34.34%	36.09%
Common Equity to Total Capital	62.24%	44.39%	57.81%	64.66%	50.71%	42.04%	50.22%	58.97%	44.45%	41.96%
Debt to EBITDA	1.13	1.21	1.01	1.29	1.55	1.42	1.35	1.18	1.04	1.39
Net Debt to EBITDA	1.03	1.08	0.93	1.19	1.36	1.27	1.16	1.05	0.90	1.19
Long-Term Debt to EBITDA	1.13	1.21	1.01	1.29	1.55	1.42	1.35	1.18	1.04	1.39
Debt to NOPAT	1.61	1.74	1.42	1.95	2.64	2.82	3.21	3.06	2.70	6.10
Net Debt to NOPAT	1.47	1.55	1.30	1.80	2.31	2.52	2.77	2.71	2.33	5.24
Long-Term Debt to NOPAT	1.61	1.74	1.42	1.95	2.64	2.82	3.21	3.06	2.70	6.10
Altman Z-Score	2.80	2.42	3.11	2.76	2.79	2.80	3.98	4.42	4.59	4.65
Noncontrolling Interest Sharing Ratio	14.55%	31.67%	21.89%	11.71%	27.70%	44.55%	31.12%	18.03%	38.70%	46.03%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.13	4.01	7.13	6.97	6.95	7.95	8.48	5.68	5.20	6.69
Quick Ratio	2.15	4.03	7.14	6.80	6.85	7.07	7.98	5.53	4.81	6.50
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-230	-431	-216	-110	-543	-243	-210	-271	203	192
Operating Cash Flow to CapEx	119,285.10%	27.42%	14,629.19%	71.75%	8.16%	10,518.76%	75,568.71%	158,310.65%	139,575.19%	165,980.86%
Free Cash Flow to Firm to Interest Expense	-62.62	-109.13	-39.60	-16.12	-81.32	-32.49	-28.72	-38.97	31.24	32.30
Operating Cash Flow to Interest Expense	14.06	9.78	8.61	4.62	5.45	7.94	9.46	9.05	9.61	9.50
Operating Cash Flow Less CapEx to Interest Expense	14.04	-25.89	8.55	-1.82	-61.31	7.87	9.44	9.05	9.61	9.49
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.34	0.30	0.30	0.30	0.24	0.24	0.26	0.30	0.26	0.25
Accounts Receivable Turnover	5.79	5.59	6.79	5.18	4.66	5.29	6.41	6.27	5.95	5.65
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.92	0.38	1.05	0.39	0.30	0.30	0.52	0.33	0.29	0.28
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	63.01	65.30	53.77	70.41	78.36	69.06	56.95	58.22	61.31	64.56
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	63.01	65.30	53.77	70.41	78.36	69.06	56.95	58.22	61.31	64.56
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	759	1,019	1,005	897	1,327	1,286	1,231	1,189	1,156	1,067
Invested Capital Turnover	0.38	0.32	0.32	0.32	0.25	0.26	0.28	0.31	0.28	0.26
Increase / (Decrease) in Invested Capital	276	469	248	133	568	267	226	292	-171	-219
Enterprise Value (EV)	1,218	1,437	2,095	1,391	1,989	1,991	2,405	2,380	2,503	2,491
Market Capitalization	942	881	1,089	1,086	1,351	1,254	1,809	1,907	1,873	1,883
Book Value per Share	$7.41	$7.09	$7.44	$7.42	$8.06	$5.88	$8.89	$7.57	$5.57	$4.86
Tangible Book Value per Share	$7.41	$7.09	$7.44	$7.42	$8.06	$5.88	$8.89	$7.57	$5.57	$4.86
Total Capital	780	1,046	1,026	924	1,373	1,325	1,277	1,226	1,197	1,106
Total Debt	206	233	224	272	312	296	287	267	254	243
Total Long-Term Debt	206	233	224	272	312	296	287	267	254	243
Net Debt	188	208	205	251	273	265	247	237	219	209
Capital Expenditures (CapEx)	0.04	141	0.32	44	446	0.56	0.09	0.04	0.04	0.03
Debt-free, Cash-free Net Working Capital (DFCFNWC)	18	31	31	40	51	59	51	42	40	38
Debt-free Net Working Capital (DFNWC)	35	56	50	61	90	90	91	73	74	73
Net Working Capital (NWC)	35	56	50	61	90	90	91	73	74	73
Net Nonoperating Expense (NNE)	2.39	2.66	2.88	5.64	6.63	6.95	6.64	6.23	6.05	12
Net Nonoperating Obligations (NNO)	185	205	203	245	267	258	241	230	213	203
Total Depreciation and Amortization (D&A)	12	17	18	20	24	37	39	34	33	32
Debt-free, Cash-free Net Working Capital to Revenue	7.51%	12.66%	10.93%	14.78%	19.17%	20.12%	16.63%	13.02%	11.62%	12.40%
Debt-free Net Working Capital to Revenue	14.79%	22.75%	17.75%	22.50%	34.17%	30.66%	29.45%	22.53%	21.78%	23.45%
Net Working Capital to Revenue	14.79%	22.75%	17.75%	22.50%	34.17%	30.66%	29.45%	22.53%	21.78%	23.45%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.69	$0.60	$0.37	$0.24	$0.20	$0.12	$0.04	$0.11	$0.22	($0.49)
Adjusted Weighted Average Basic Shares Outstanding	55.43M	54.11M	62.54M	63.27M	68.54M	66.60M	72.11M	74.83M	78.98M	76.24M
Adjusted Diluted Earnings per Share	$0.59	$0.78	$0.36	$0.23	$0.19	$0.13	$0.04	$0.11	$0.22	($0.49)
Adjusted Weighted Average Diluted Shares Outstanding	65.54M	65.84M	79.76M	82.96M	94.97M	93.06M	116.54M	116.59M	116.41M	116.05M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	55.43M	54.11M	62.54M	63.27M	68.54M	66.60M	72.11M	74.83M	78.98M	76.24M
Normalized Net Operating Profit after Tax (NOPAT)	32	38	32	23	25	42	21	21	32	12
Normalized NOPAT Margin	44.16%	55.20%	47.50%	38.58%	37.37%	42.07%	26.03%	27.96%	38.01%	18.35%
Pre Tax Income Margin	59.82%	52.62%	45.28%	30.79%	27.69%	19.31%	12.48%	22.13%	33.08%	-66.88%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	12.56	9.84	6.10	3.59	3.79	3.57	2.41	3.44	5.27	-6.49
NOPAT to Interest Expense	12.61	9.60	5.82	3.44	3.76	3.32	2.19	3.08	4.91	-4.54
EBIT Less CapEx to Interest Expense	12.55	-25.83	6.04	-2.85	-62.97	3.49	2.39	3.43	5.26	-6.50
NOPAT Less CapEx to Interest Expense	12.60	-26.08	5.76	-3.00	-63.00	3.24	2.18	3.08	4.90	-4.55
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	73.07%	82.15%	80.08%	92.92%	113.70%	146.18%	200.46%	239.85%	228.77%	1,403.76%
Augmented Payout Ratio	77.82%	86.74%	84.43%	99.44%	118.53%	152.02%	208.20%	247.93%	235.98%	1,448.16%

Frequently Asked Questions About Kimbell Royalty Partners' Financials

When does Kimbell Royalty Partners's fiscal year end?

According to the most recent income statement we have on file, Kimbell Royalty Partners' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Kimbell Royalty Partners' net income changed over the last 8 years?

Kimbell Royalty Partners' net income appears to be on a downward trend, with a most recent value of $11.07 million in 2024, falling from -$31.31 million in 2015. The previous period was $83.01 million in 2023.

What is Kimbell Royalty Partners's operating income?

Kimbell Royalty Partners's total operating income in 2024 was $36.99 million, based on the following breakdown:

Total Gross Profit: $309.31 million
Total Operating Expenses: $272.31 million

How has Kimbell Royalty Partners revenue changed over the last 8 years?

Over the last 8 years, Kimbell Royalty Partners' total revenue changed from $4.68 million in 2015 to $309.31 million in 2024, a change of 6,502.2%.

How much debt does Kimbell Royalty Partners have?

Kimbell Royalty Partners' total liabilities were at $256.42 million at the end of 2024, a 17.1% decrease from 2023, and a 2,053.5% increase since 2016.

How much cash does Kimbell Royalty Partners have?

In the past 8 years, Kimbell Royalty Partners' cash and equivalents has ranged from $505.88 thousand in 2016 to $34.17 million in 2024, and is currently $34.17 million as of their latest financial filing in 2024.

How has Kimbell Royalty Partners' book value per share changed over the last 8 years?

Over the last 8 years, Kimbell Royalty Partners' book value per share changed from 0.00 in 2015 to 4.86 in 2024, a change of 486.1%.

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This page (NYSE:KRP) was last updated on 4/17/2025 by MarketBeat.com Staff

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Kimbell Royalty Partners (KRP) Financials

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Kimbell Royalty Partners (KRP) Financials

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