Kimbell Royalty Partners LP (KRP)
16.11
+0.07
(+0.44%)
USD |
NYSE |
Apr 26, 16:00
16.11
0.00 (0.00%)
After-Hours: 20:00
Kimbell Royalty Partners Gross Profit Margin (Quarterly): 50.48% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| 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% |
| March 31, 2020 | 42.31% |
| Date | Value |
|---|---|
| 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
59.16%
Average
60.93%
Median
Sep 2023
Gross Profit Margin (Quarterly) Benchmarks
| Sitio Royalties Corp | 54.07% |
| Evolution Petroleum Corp | 19.35% |
| Houston American Energy Corp | 26.41% |
| Tellurian Inc | 31.50% |
| Mexco Energy Corp | 51.62% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 7.81% |
| Return on Assets | 5.88% |
| Return on Invested Capital | 17.92% |
| Profit Margin (Quarterly) | 17.80% |
| Operating Margin (Quarterly) | 35.69% |
| Return on Net Operating Assets | 6.65% |