Kimbell Royalty Partners, LP (FRA:0R3)

Kimbell Royalty Partners Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	310.53	304.61	267.58	281.96	175.09	92.59
Other Revenue	4.99	6.05	5.59	3.07	3.32	0.35
Revenue	315.52	310.65	273.18	285.04	178.41	92.93
Revenue Growth (YoY)	-4.19%	13.72%	-4.16%	59.77%	91.97%	-15.48%
Cost of Revenue	20.65	20.41	20.33	16.24	10.48	6.39
Gross Profit	294.87	290.25	252.85	268.8	167.93	86.54
Selling, General & Admin	55.34	54.67	49.17	44.82	39.03	35.28
Other Operating Expenses	-2.57	1.35	-20.89	36.98	42.79	2.45
Operating Expenses	177.17	191.13	124.76	131.88	118.62	85.72
Operating Income	117.7	99.11	128.09	136.92	49.31	0.83
Interest Expense	-31.31	-26.7	-25.95	-13.82	-9.18	-6.43
Interest & Investment Income	-	-	3.51	3.72	-	-
Earnings From Equity Investments	-	-	-	2.67	1.12	0.76
Other Non Operating Income (Expenses)	-0.01	-	-0.18	4.04	1.26	-0.1
EBT Excluding Unusual Items	86.38	72.42	105.47	133.53	42.51	-4.94
Asset Writedown	-56.16	-62.12	-18.22	-	-	-251.56
Other Unusual Items	-	-	-0.48	-	-	-0.48
Pretax Income	30.23	10.3	86.77	133.53	42.51	-256.98
Income Tax Expense	-5.36	-0.77	3.77	2.74	0.07	-0.89
Earnings From Continuing Operations	35.59	11.07	83.01	130.79	42.44	-256.09
Minority Interest in Earnings	1.05	1.25	-16.46	-18.82	-8.5	96.64
Net Income	36.64	12.32	66.54	111.97	33.94	-159.45
Preferred Dividends & Other Adjustments	37.55	21.16	4.83	17.45	11.33	7.9
Net Income to Common	-0.91	-8.84	61.71	94.52	22.62	-167.35
Net Income Growth	-38.80%	-81.48%	-40.57%	229.89%	-	-
Shares Outstanding (Basic)	88	76	67	54	40	35
Shares Outstanding (Diluted)	88	76	93	66	61	35
Shares Change (YoY)	2.95%	-18.07%	41.35%	8.00%	76.53%	62.93%
EPS (Basic)	-0.01	-0.12	0.93	1.75	0.56	-4.85
EPS (Diluted)	-0.01	-0.12	0.91	1.72	0.51	-4.85
EPS Growth	-	-	-47.22%	237.43%	-	-
Free Cash Flow	22.35	250.71	-316.54	25.18	35.37	-26.35
Free Cash Flow Per Share	0.26	3.29	-3.40	0.38	0.58	-0.76
Dividend Per Share	1.600	1.720	1.680	1.990	1.320	0.680
Dividend Growth	-8.57%	2.38%	-15.58%	50.76%	94.12%	-56.41%
Gross Margin	93.45%	93.43%	92.56%	94.30%	94.13%	93.13%
Operating Margin	37.30%	31.91%	46.89%	48.03%	27.64%	0.89%
Profit Margin	-0.29%	-2.84%	22.59%	33.16%	12.68%	-180.08%
Free Cash Flow Margin	7.08%	80.70%	-115.87%	8.83%	19.82%	-28.36%
EBITDA	242.1	234.24	224.57	187	86.11	48.81
EBITDA Margin	76.73%	75.40%	82.21%	65.61%	48.27%	52.53%
D&A For EBITDA	124.4	135.12	96.48	50.09	36.8	47.99
EBIT	117.7	99.11	128.09	136.92	49.31	0.83
EBIT Margin	37.30%	31.91%	46.89%	48.03%	27.64%	0.89%
Effective Tax Rate	-	-	4.34%	2.05%	0.17%	-
Revenue as Reported	318.09	309.31	294.07	248.06	135.62	90.48

Source: S&P Global Market Intelligence. Standard template. Financial Sources.