Income statement, balance sheet and cash flow statement for the last 8 fiscal years, taken from the XBRL data Kimbell Royalty Partners, LP files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
70.3
108
90.5
175
282
294
309
334
Selling, general and administrative
16.8
22.7
25.9
27
29.1
35.7
38.5
39.7
Selling and marketing
4.65
8.15
9.38
12
13.4
12.6
16.1
16.4
Operating income
-48.2
-152
-251
49.3
137
110
37
133
Interest expense
4.09
5.81
6.43
9.18
13.8
26
26.7
34.5
Other non-operating income
-0.1
1.26
4.04
-0.18
-0.01
Pre-tax income
-52.3
-157
-257
42.5
134
86.8
10.3
98.3
Income tax
0.02
0.9
-0.89
0.07
2.74
3.77
-0.77
-1.3
Net income to minority interests
-1.86
-89.1
-96.6
8.5
18.8
16.5
-1.25
8.7
Net income
-56.7
-158
-256
42.4
131
83
11.1
99.7
EBITDA
-23
-99.5
-203
86.1
187
206
172
257
Balance sheet
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
15.8
14.2
9.8
7.05
24.6
31
34.2
44
Total current assets
37.6
34.1
28.3
45.4
75.2
103
85.3
88.5
Property, plant and equipment
0.43
1.33
1.96
1.89
0.95
0.59
0.27
0.63
Lease right-of-use assets
3.4
3.12
2.84
2.53
2.19
3.73
4.61
Total assets
753
749
565
601
1,077
1,338
1,120
1,229
Accounts payable
1.33
1.21
0.89
0.81
1.21
6.59
6.51
3.14
Total current liabilities
3.8
5.44
8.77
28.3
18.8
13
12.7
10.2
Lease liabilities
3.12
2.85
2.56
2.24
1.89
3.56
4.41
Other non-current liabilities
0.45
0.32
0.2
0.07
Total liabilities
91.1
109
186
253
263
309
256
456
Total debt
87.3
100
172
Total liabilities and equity
753
749
565
601
1,077
1,338
1,120
1,229
Cash flow statement
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-52.3
-158
-256
42.4
131
83
11.1
99.7
Depreciation and amortization
25.2
52.1
48
36.8
50.1
96.5
135
125
Stock-based compensation
3.17
7.5
9.26
10.6
11.1
13.1
16.4
16.3
Change in payables
0.99
-0.13
-0.32
-0.08
0.4
0.51
-0.09
-0.92
Cash from operations
33.2
80.7
62.2
91.4
167
174
251
246
Capital expenditures
-0.4
Cash from investing
-201
-15.6
-90.8
-55.6
-375
-247
-0.21
-223
Debt issued
124
12.8
163
137
199
201
4.96
696
Debt repaid
-67.9
-91.2
-91
-183
-140
-60
-493
Cash from financing
178
-66.7
24.2
-38.6
226
78.4
-248
-13.2
Net change in cash
10.1
-1.57
-4.4
-2.75
18
5.97
3.18
9.81
Free cash flow
32.8
Interest paid
3.29
5.18
5.35
7.54
11.2
23.7
25.3
31.9
Income taxes paid
0.8
3.08
2.28
-3.93
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $14.57 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Operating margin
40.1%
Operating income / revenue.
EBITDA margin
76.1%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
29.8%
Pre-tax income / revenue.
Net margin
29.7%
Net income / revenue.
Operating cash flow margin
69.7%
Cash from operations / revenue.
Effective tax rate
0.1%
Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)
7.6%
Net income / average total assets.
SG&A / revenue
11.7%
Selling, general and administrative expense / revenue.
Stock-based pay / revenue
4.9%
Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue
35.9%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
7.9%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
5.8%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
29.8%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y
259.1%
Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y
-1.0%
Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA growth, 1y
49.5%
EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y
11.2%
Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y
800.2%
Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y
-8.7%
Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y
-1.8%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y
13.9%
Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y
31.7%
Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
9.8%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
4.5%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
16.8%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
7.30x
Current assets / current liabilities.
Quick ratio
3.26x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
3.26x
(Cash + short-term investments) / current liabilities.
Liabilities / assets
37.5%
Total liabilities / total assets.
Interest coverage
3.86x
Operating income / interest expense.
Working capital
$87.0M
Current assets - current liabilities.
Efficiency
Metric
Value
How it is calculated
Asset turnover
0.26x
Revenue / average total assets.
Fixed asset turnover
521x
Revenue / average property, plant and equipment.
Valuation
Metric
Value
How it is calculated
Market cap
$1.67B
Share price x shares outstanding.
Enterprise value
$1.63B
Market cap + total debt - cash - short-term investments.
P/E
16.5x
Market cap / net income. Only when net income is positive.
P/S
4.90x
Market cap / revenue.
P/OCF
7.03x
Market cap / cash from operations, when positive.
EV/Sales
4.77x
Enterprise value / revenue.
EV/EBIT
11.9x
Enterprise value / operating income, when both are positive.
EV/EBITDA
6.27x
Enterprise value / EBITDA, when both are positive.
Earnings yield
6.1%
Net income / market cap (the inverse of P/E).
What was Kimbell Royalty Partners, LP's revenue in fiscal 2025?
Kimbell Royalty Partners, LP reported revenue of $333.8M for fiscal 2025, 7.9% higher than the year before.
Was Kimbell Royalty Partners, LP profitable in fiscal 2025?
Yes. Net income was $99.7M, a net margin of 29.9%.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.