Kimbell Royalty Partners (KRP) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Kimbell Royalty Partners

NYSE•Energy•Oil & Gas E&P

$14.88-0.04(<0.01%)Market closed

Market Cap

$1.41B

P/E

13.9x

P/S

4.1x

P/B

2.1x

Kimbell Royalty Partners, LP, together with its subsidiaries, owns and acquires mineral and royalty interests in oil and natural gas properties in the United States. The company was founded in 1998 and is based in Fort Worth, Texas.

How this company scores

GoodMetricSide Score: 74/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (14/25).

Profitability25/25

Growth17/25

Balance Sheet & Red Flags14/25

Cash & Earnings Quality18/25

Strengths

Strong marginsHigh ROERising earningsCash-backed earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 13.9x5y range 6.6x – 114.7x

Currently near its 19-quarter median.

P/S · 4.1x5y range 3.2x – 6.3x

Currently near its 20-quarter median.

P/B · 2.1x5y range 1.4x – 2.4x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Share Dilution

Red Flag

Shares outstanding increased 21.9% — significant dilution, likely from stock compensation or capital raises.

Price & Volume

Market Cap $1.41B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $341.09M
Q. Revenue: $112.48M
TTM EBITDA: $259.43M
TTM Op. Income: $136.95M
Q. Op. Income: $59.68M
TTM Net Income: $101.37M
Q. Net Income: $47.30M
EPS: $0.4
Shares Out.: $96.31M

$341.09M in TTM revenue grew 6.2% YoY, reaching $112.48M last quarter. TTM EBITDA of $259.43M and TTM operating income of $136.95M show growth is flowing through to the bottom line. TTM net income of $101.37M means revenue is converting into profit. Over the past year, TTM revenue is up 6% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 79.9%
Op. Margin: 53.1%
Net Margin: 42.1%

Op. margin of 53.1% is up 9.4% YoY — cost efficiency is improving. Net margin at 42.1% Over the past year, operating margin is up 22% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 13.9x
P/S Ratio: 4.1x
P/B Ratio: 2.1x

At 13.9x P/E, the stock trades below typical market levels. P/S of 4.1x and P/B of 2.1x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is down 57% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.33B
Cash: $44.93M
Long-Term Debt: $478.70M
Book Value: $669.54M
D/E Ratio: 0.7
Debt/EBITDA: 5.3

With $1.33B in assets and $478.70M in long-term debt, D/E is 0.7and book value is $669.54M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 1% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $68.30M
TTM Free Cash Flow: $237.44M
FCF Margin: 69.6%
FCF / Net Income: 2.3

TTM FCF of $237.44M on $68.30M in operating cash flow. The FCF / Net Income ratio of 2.3x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 2 consecutive quarters — a weakening trend.