Kimbell Royalty Partners
KRP
#4491
Rank
$1.72 B
Marketcap
$16.62
Share price
-1.13%
Change (1 day)
11.84%
Change (1 year)

Operating Margin for Kimbell Royalty Partners (KRP)

Operating Margin as of July 2024 (TTM): 61.90%

According to Kimbell Royalty Partners's latest financial reports and stock price the company's current Operating Margin is 61.90%. At the end of 2021 the company had an Operating Margin of 23.83%.

Operating Margin history for Kimbell Royalty Partners from 2016 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202123.83%-108.62%
2020-276.52%93.28%
2019-143.06%83.22%
2018-78.08%
2016-171.70%-74.34%
2015-669.09%553.12%
2014-102.44%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.