Kimbell Royalty Partners LP (KRP) - Net Assets
Based on the latest financial reports, Kimbell Royalty Partners LP (KRP) has net assets worth $828.73 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.33 Billion) and total liabilities ($497.49 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how strategically is Kimbell Royalty Partners LP's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $828.73 Million |
| % of Total Assets | 62.49% |
| Annual Growth Rate | 32.82% |
| 5-Year Change | 121.63% |
| 10-Year Change | 8857.05% |
| Growth Volatility | 808.94 |
Kimbell Royalty Partners LP - Net Assets Trend (2013–2025)
This chart illustrates how Kimbell Royalty Partners LP's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Kimbell Royalty Partners LP.
Annual Net Assets for Kimbell Royalty Partners LP (2013–2025)
The table below shows the annual net assets of Kimbell Royalty Partners LP from 2013 to 2025. Also explore net asset momentum of Kimbell Royalty Partners LP to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $773.16 Million | -10.46% |
| 2024-12-31 | $863.50 Million | -16.04% |
| 2023-12-31 | $1.03 Billion | +26.44% |
| 2022-12-31 | $813.41 Million | +133.17% |
| 2021-12-31 | $348.85 Million | -7.79% |
| 2020-12-31 | $378.30 Million | -40.88% |
| 2019-12-31 | $639.89 Million | -3.36% |
| 2018-12-31 | $662.17 Million | +152.68% |
| 2017-12-31 | $262.06 Million | +2936.02% |
| 2016-12-31 | $8.63 Million | -39.38% |
| 2015-12-31 | $14.24 Million | -70.46% |
| 2014-12-31 | $48.20 Million | +87.91% |
| 2013-12-31 | $25.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kimbell Royalty Partners LP's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $531.85 Million | 77.01% |
| Other Components | $158.79 Million | 22.99% |
| Total Equity | $690.64 Million | 100.00% |
Kimbell Royalty Partners LP Competitors by Market Cap
The table below lists competitors of Kimbell Royalty Partners LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coursera Inc
NYSE:COUR
|
$1.44 Billion |
|
Sopharma AD
WAR:SPH
|
$1.44 Billion |
|
CS Wind Corp
KO:112610
|
$1.44 Billion |
|
Shenzhen Kingdom SCI Tech Co Ltd
SHG:600446
|
$1.44 Billion |
|
Suzhou Anjie Technology Co Ltd
SHE:002635
|
$1.44 Billion |
|
East Group Co Ltd
SHE:300376
|
$1.44 Billion |
|
Vizsla Silver Corp.
TO:VZLA
|
$1.44 Billion |
|
Guangdong Taienkang Pharmaceutical Co. Ltd
SHE:301263
|
$1.44 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kimbell Royalty Partners LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 780,223,709 to 690,638,000, a change of -89,585,709 (-11.5%).
- Net income of 90,947,000 contributed positively to equity growth.
- Dividend payments of 187,281,000 reduced retained earnings.
- Share repurchases of 179,910,000 reduced equity.
- New share issuances of 163,575,000 increased equity.
- Other factors increased equity by 23,083,291.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $90.95 Million | +13.17% |
| Dividends Paid | $187.28 Million | -27.12% |
| Share Repurchases | $179.91 Million | -26.05% |
| Share Issuances | $163.57 Million | +23.68% |
| Other Changes | $23.08 Million | +3.34% |
| Total Change | $- | -11.48% |
Book Value vs Market Value Analysis
This analysis compares Kimbell Royalty Partners LP's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.57x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.29x to 2.57x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $50.03 | $14.62 | x |
| 2014-12-31 | $43.55 | $14.62 | x |
| 2015-12-31 | $12.87 | $14.62 | x |
| 2016-12-31 | $0.53 | $14.62 | x |
| 2017-12-31 | $15.88 | $14.62 | x |
| 2018-12-31 | $35.91 | $14.62 | x |
| 2019-12-31 | $30.19 | $14.62 | x |
| 2020-12-31 | $10.96 | $14.62 | x |
| 2021-12-31 | $5.41 | $14.62 | x |
| 2022-12-31 | $9.15 | $14.62 | x |
| 2023-12-31 | $9.36 | $14.62 | x |
| 2024-12-31 | $6.72 | $14.62 | x |
| 2025-12-31 | $5.69 | $14.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kimbell Royalty Partners LP utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.17%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.24%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.78x
- Recent ROE (13.17%) is above the historical average (-26.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -14.99% | -76.57% | 0.14x | 1.36x | $-6.40 Million |
| 2014 | -15.38% | -102.68% | 0.12x | 1.22x | $-12.23 Million |
| 2015 | -219.91% | -668.40% | 0.17x | 1.96x | $-32.74 Million |
| 2016 | -71.97% | -172.25% | 0.18x | 2.38x | $-7.08 Million |
| 2017 | 0.47% | 3.97% | 0.10x | 1.13x | $-24.99 Million |
| 2018 | -7.62% | -75.39% | 0.09x | 1.14x | $-116.68 Million |
| 2019 | -24.72% | -143.88% | 0.15x | 1.17x | $-222.20 Million |
| 2020 | -42.17% | -171.67% | 0.16x | 1.49x | $-197.37 Million |
| 2021 | 10.27% | 18.98% | 0.30x | 1.82x | $905.15K |
| 2022 | 18.57% | 39.27% | 0.26x | 1.79x | $51.67 Million |
| 2023 | 7.63% | 24.33% | 0.20x | 1.54x | $-20.68 Million |
| 2024 | 1.57% | 3.94% | 0.28x | 1.44x | $-65.77 Million |
| 2025 | 13.17% | 27.24% | 0.27x | 1.78x | $21.88 Million |
Industry Comparison
This section compares Kimbell Royalty Partners LP's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $2,633,935,930
- Average return on equity (ROE) among peers: -75.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kimbell Royalty Partners LP (KRP) | $828.73 Million | -14.99% | 0.60x | $1.44 Billion |
| Amplify Energy Corp (AMPY) | $541.68 Million | 9.19% | 0.12x | $182.14 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $1.22 Million | -424.63% | 26.72x | $105.31 Million |
| APA Corporation (APA) | $15.78 Billion | -1.80% | 0.79x | $15.26 Billion |
| Antero Resources Corp (AR) | $7.02 Billion | 26.67% | 1.01x | $10.72 Billion |
| Battalion Oil Corp (BATL) | $316.65 Million | -331.96% | 0.85x | $31.10 Million |
| BKV Corporation (BKV) | $754.94 Million | -18.31% | 1.15x | $2.51 Billion |
| Barnwell Industries Inc (BRN) | $12.20 Million | 9.02% | 1.82x | $15.66 Million |
| Berry Petroleum Corp (BRY) | $1.01 Billion | 16.90% | 2.28x | $253.00 Million |
| Big Sky Industrial Inc. (BSIN) | $24.20 Million | -59.41% | 0.68x | $82.41 Million |
| Black Stone Minerals LP (BSM) | $877.79 Million | 19.21% | 0.65x | $3.00 Billion |
About Kimbell Royalty Partners LP
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.