Kimbell Royalty Partners Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	36.64	12.32	66.54	111.97	33.94	-159.45
Depreciation & Amortization	124.74	135.47	96.81	50.41	37.1	48.26
Other Amortization	2.28	2.13	1.94	1.87	1.56	1.11
Asset Writedown & Restructuring Costs	56.16	62.12	18.22	-	-	251.56
Loss (Gain) on Equity Investments	-	-	-	1.1	-0.1	0.05
Stock-Based Compensation	15.86	16.38	13.11	11.09	10.63	9.13
Other Operating Activities	2.37	10.96	-9.43	4.52	28.84	-89.08
Change in Accounts Receivable	6.88	12.02	-10.16	-12.36	-19.67	0.72
Change in Accounts Payable	0.08	-0.09	0.51	0.4	-0.08	-0.32
Change in Other Net Operating Assets	0.8	-0.4	-3.28	-2.37	-0.77	0.26
Operating Cash Flow	245.81	250.92	174.27	166.64	91.44	62.25
Operating Cash Flow Growth	-3.09%	43.98%	4.58%	82.23%	46.91%	-22.87%
Capital Expenditures	-223.45	-0.21	-490.81	-141.46	-56.07	-88.6
Sale of Property, Plant & Equipment	0.01	-	-	-	-	-
Investment in Securities	-	-	-	-233.26	0.5	-2.23
Other Investing Activities	-	-	244.13	-	-	-
Investing Cash Flow	-223.44	-0.21	-246.68	-374.72	-55.57	-90.83
Long-Term Debt Issued	-	4.96	201.08	199.2	136.57	162.61
Long-Term Debt Repaid	-	-60	-139.9	-183.3	-91	-91.2
Net Debt Issued (Repaid)	196.34	-55.04	61.18	15.9	45.57	71.41
Issuance of Common Stock	163.58	-	110.98	344.07	57.52	73.6
Repurchase of Common Stock	-5.08	-5.23	-248.02	-3.81	-2.22	-0.36
Preferred Dividends Paid	-17.04	-19.51	-0.96	-	-2.8	-4.81
Common Dividends Paid	-150	-135.95	-120.46	-107.44	-47.39	-29.61
Dividends Paid	-167.04	-155.46	-121.42	-107.44	-50.19	-34.42
Other Financing Activities	-24.95	-31.8	-38.3	-22.65	-22.22	-24.96
Financing Cash Flow	-17.07	-247.53	78.38	226.06	-38.62	24.18
Net Cash Flow	5.3	3.18	5.97	17.97	-2.75	-4.4
Free Cash Flow	22.35	250.71	-316.54	25.18	35.37	-26.35
Free Cash Flow Growth	-91.16%	-	-	-28.82%	-	-
Free Cash Flow Margin	7.08%	80.70%	-115.87%	8.83%	19.82%	-28.36%
Free Cash Flow Per Share	0.26	3.29	-3.40	0.38	0.58	-0.76
Cash Interest Paid	26.88	25.28	23.73	11.21	7.54	5.35
Cash Income Tax Paid	0.22	-	2.28	3.08	-	-
Levered Free Cash Flow	-18.75	219.85	-342.96	-22.43	18.01	-28.86
Unlevered Free Cash Flow	-1.46	234.41	-328.68	-15.66	22.19	-25.95
Change in Working Capital	7.77	11.53	-12.93	-14.33	-20.52	0.66

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