Kimbell Royalty Partners LP (KRP) financial statements
Kimbell Royalty Partners LP reported revenue of $334M in fiscal 2025, up 24.9% a year over 7 years.
Net income was $100M and the operating margin 39.8%, against -68.6% in 2018.
Free cash flow was $246M.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Kimbell Royalty Partners LP's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $70M | $108M | $90M | $175M | $282M | $268M | $309M | $334M |
| Selling, general and admin | $17M | $23M | $26M | $27M | $29M | $36M | $39M | $40M |
| Operating income | -$48M | -$152M | -$251M | $49M | $137M | $110M | $37M | $133M |
| Interest expense | $4M | $6M | $6M | $9M | $14M | $26M | $27M | $34M |
| Pre-tax income | -$52M | -$157M | -$257M | $43M | $134M | $87M | $10M | $98M |
| Income tax | $24,681 | $899,425 | -$885,193 | $74,100 | $3M | $4M | -$771,000 | -$1M |
| Net income | -$57M | -$158M | -$256M | $42M | $131M | $83M | $11M | $100M |
| Operating margin | -68.6% | -140.1% | -277.1% | 28.2% | 48.6% | 41.1% | 12.0% | 39.8% |
| Net margin | -80.8% | -146.2% | -283.0% | 24.2% | 46.4% | 31.0% | 3.6% | 29.9% |
Balance sheet
Fiscal years, from Kimbell Royalty Partners LP's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $16M | $14M | $10M | $7M | $25M | $31M | $34M | $44M |
| Total current assets | $38M | $34M | $28M | $45M | $75M | $103M | $85M | $88M |
| Property, plant and equipment | $429,602 | $1M | $2M | $2M | $953,781 | $589,895 | $267,000 | $629,000 |
| Total assets | $753M | $749M | $565M | $601M | $1.1B | $1.3B | $1.1B | $1.2B |
| Total current liabilities | $4M | $5M | $9M | $28M | $19M | $13M | $13M | $10M |
| Total liabilities | $91M | $109M | $186M | $253M | $263M | $309M | $256M | $456M |
| Net debt | -$16M | -$14M | -$10M | -$7M | -$25M | -$31M | -$34M | -$44M |
Cash flow
Fiscal years, from Kimbell Royalty Partners LP's 10-K filings with the SEC.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $33M | $81M | $62M | $91M | $167M | $174M | $251M | $246M |
| Capital spending | $403,699 | $1M | $996,102 | $772,688 | $163,140 | $141,000 | $188,000 | $734,000 |
| Free cash flow | $33M | $80M | $61M | $91M | $166M | $174M | $251M | $246M |
| Stock-based compensation | $3M | $8M | $9M | $11M | $11M | $13M | $16M | $16M |
| Net borrowing | $56M | $13M | $71M | $46M | $16M | $61M | -$55M | $202M |
| Free cash flow margin | 46.7% | 73.6% | 67.7% | 51.8% | 59.0% | 65.1% | 81.1% | 73.6% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for KRP.
Open KRP in InvestinglyQuestions
What was Kimbell Royalty Partners LP's revenue in 2025?
$334M in fiscal 2025, from its 10-K filing.
How much free cash flow does Kimbell Royalty Partners LP generate?
$246M in fiscal 2025 (operating cash flow minus capital spending).
From Kimbell Royalty Partners LP's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.