Kimbell Royalty Partners LP (KRP)
16.01
-0.01
(-0.06%)
USD |
NYSE |
Nov 05, 10:17
Kimbell Royalty Partners Gross Profit Margin (Quarterly): 50.27% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 50.27% |
| March 31, 2024 | 49.17% |
| December 31, 2023 | 50.48% |
| September 30, 2023 | 60.93% |
| June 30, 2023 | 57.54% |
| March 31, 2023 | 62.25% |
| December 31, 2022 | 70.33% |
| September 30, 2022 | 78.60% |
| June 30, 2022 | 79.60% |
| March 31, 2022 | 77.52% |
| December 31, 2021 | 73.17% |
| September 30, 2021 | 75.82% |
| June 30, 2021 | 72.71% |
| March 31, 2021 | 71.71% |
| December 31, 2020 | 48.10% |
| September 30, 2020 | 48.46% |
| June 30, 2020 | 19.97% |
| Date | Value |
|---|---|
| March 31, 2020 | 42.31% |
| December 31, 2019 | 40.11% |
| September 30, 2019 | 43.11% |
| June 30, 2019 | 51.25% |
| March 31, 2019 | 48.17% |
| December 31, 2018 | 51.92% |
| September 30, 2018 | 57.95% |
| June 30, 2018 | 62.33% |
| March 31, 2018 | 52.83% |
| December 31, 2017 | |
| September 30, 2017 | 36.92% |
| June 30, 2017 | 38.73% |
| December 31, 2016 | 57.74% |
| September 30, 2016 | 44.35% |
| June 30, 2016 | 53.09% |
| March 31, 2016 | 32.42% |
| December 31, 2015 | -23.47% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
19.97%
Minimum
Jun 2020
79.60%
Maximum
Jun 2022
59.42%
Average
60.93%
Median
Sep 2023
Gross Profit Margin (Quarterly) Benchmarks
| Sitio Royalties Corp | 49.28% |
| Evolution Petroleum Corp | 28.14% |
| Houston American Energy Corp | -47.07% |
| Mexco Energy Corp | 43.45% |
| Riley Exploration Permian Inc | 60.97% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 5.35% |
| Return on Assets | 4.05% |
| Return on Invested Capital | 16.43% |
| Profit Margin (Quarterly) | 17.59% |
| Operating Margin (Quarterly) | 32.13% |
| Return on Net Operating Assets | 4.20% |