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Side-by-side financial comparison of Kimbell Royalty Partners, LP (KRP) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.

STURM RUGER & CO INC is the larger business by last-quarter revenue ($151.1M vs $82.5M, roughly 1.8× Kimbell Royalty Partners, LP). On growth, Kimbell Royalty Partners, LP posted the faster year-over-year revenue change (23.6% vs 3.6%). Over the past eight quarters, STURM RUGER & CO INC's revenue compounded faster (5.1% CAGR vs 0.1%).

Kimbell Royalty Partners, LP is a publicly traded US limited partnership focused on owning and acquiring mineral and royalty interests in oil and gas properties across key domestic producing basins including the Permian, Bakken, and Eagle Ford. Its core revenue comes from production-linked royalty payments from its diversified onshore hydrocarbon asset portfolio.

Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.

KRP vs RGR — Head-to-Head

Bigger by revenue
RGR
RGR
1.8× larger
RGR
$151.1M
$82.5M
KRP
Growing faster (revenue YoY)
KRP
KRP
+20.0% gap
KRP
23.6%
3.6%
RGR
Faster 2-yr revenue CAGR
RGR
RGR
Annualised
RGR
5.1%
0.1%
KRP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KRP
KRP
RGR
RGR
Revenue
$82.5M
$151.1M
Net Profit
$24.8M
Gross Margin
17.8%
Operating Margin
39.6%
2.3%
Net Margin
30.1%
Revenue YoY
23.6%
3.6%
Net Profit YoY
163.2%
EPS (diluted)
$0.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KRP
KRP
RGR
RGR
Q4 25
$82.5M
$151.1M
Q3 25
$80.6M
$126.8M
Q2 25
$86.5M
$132.5M
Q1 25
$84.2M
$135.7M
Q4 24
$66.7M
$145.8M
Q3 24
$83.8M
$122.3M
Q2 24
$76.6M
$130.8M
Q1 24
$82.2M
$136.8M
Net Profit
KRP
KRP
RGR
RGR
Q4 25
$24.8M
Q3 25
$22.3M
$1.6M
Q2 25
$26.7M
$-17.2M
Q1 25
$25.9M
$7.8M
Q4 24
$-39.3M
Q3 24
$25.8M
$4.7M
Q2 24
$15.2M
$8.3M
Q1 24
$9.3M
$7.1M
Gross Margin
KRP
KRP
RGR
RGR
Q4 25
17.8%
Q3 25
15.1%
Q2 25
3.9%
Q1 25
22.0%
Q4 24
22.8%
Q3 24
18.5%
Q2 24
22.3%
Q1 24
21.5%
Operating Margin
KRP
KRP
RGR
RGR
Q4 25
39.6%
2.3%
Q3 25
35.8%
-2.7%
Q2 25
43.7%
-15.6%
Q1 25
39.9%
6.2%
Q4 24
-58.0%
7.8%
Q3 24
40.8%
3.1%
Q2 24
31.2%
6.9%
Q1 24
21.4%
5.5%
Net Margin
KRP
KRP
RGR
RGR
Q4 25
30.1%
Q3 25
27.7%
1.2%
Q2 25
30.8%
-13.0%
Q1 25
30.7%
5.7%
Q4 24
-58.8%
Q3 24
30.8%
3.9%
Q2 24
19.8%
6.3%
Q1 24
11.4%
5.2%
EPS (diluted)
KRP
KRP
RGR
RGR
Q4 25
$0.22
Q3 25
$0.10
Q2 25
$-1.05
Q1 25
$0.46
Q4 24
$0.62
Q3 24
$0.28
Q2 24
$0.47
Q1 24
$0.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KRP
KRP
RGR
RGR
Cash + ST InvestmentsLiquidity on hand
$44.0M
$92.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$283.8M
Total Assets
$1.2B
$342.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRP
KRP
RGR
RGR
Q4 25
$44.0M
$92.5M
Q3 25
$40.0M
$80.8M
Q2 25
$34.5M
$101.4M
Q1 25
$35.6M
$108.3M
Q4 24
$34.2M
$105.5M
Q3 24
$34.7M
$96.0M
Q2 24
$30.9M
$105.6M
Q1 24
$39.7M
$115.3M
Stockholders' Equity
KRP
KRP
RGR
RGR
Q4 25
$283.8M
Q3 25
$279.6M
Q2 25
$289.3M
Q1 25
$321.5M
Q4 24
$319.6M
Q3 24
$314.9M
Q2 24
$321.5M
Q1 24
$332.0M
Total Assets
KRP
KRP
RGR
RGR
Q4 25
$1.2B
$342.0M
Q3 25
$1.3B
$342.3M
Q2 25
$1.3B
$349.5M
Q1 25
$1.3B
$379.0M
Q4 24
$1.1B
$384.0M
Q3 24
$1.2B
$373.5M
Q2 24
$1.2B
$376.7M
Q1 24
$1.3B
$385.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KRP
KRP
RGR
RGR
Operating Cash FlowLast quarter
$57.2M
$15.5M
Free Cash FlowOCF − Capex
$12.3M
FCF MarginFCF / Revenue
8.2%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
2.31×
TTM Free Cash FlowTrailing 4 quarters
$38.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KRP
KRP
RGR
RGR
Q4 25
$57.2M
$15.5M
Q3 25
$62.8M
$12.9M
Q2 25
$72.3M
$14.7M
Q1 25
$54.2M
$11.1M
Q4 24
$56.6M
$20.0M
Q3 24
$62.4M
$9.4M
Q2 24
$62.9M
$18.7M
Q1 24
$69.0M
$7.3M
Free Cash Flow
KRP
KRP
RGR
RGR
Q4 25
$12.3M
Q3 25
$7.0M
Q2 25
$9.1M
Q1 25
$10.0M
Q4 24
$16.4M
Q3 24
$2.6M
Q2 24
$10.1M
Q1 24
$5.6M
FCF Margin
KRP
KRP
RGR
RGR
Q4 25
8.2%
Q3 25
5.5%
Q2 25
6.9%
Q1 25
7.4%
Q4 24
11.2%
Q3 24
2.1%
Q2 24
7.7%
Q1 24
4.1%
Capex Intensity
KRP
KRP
RGR
RGR
Q4 25
2.1%
Q3 25
4.6%
Q2 25
4.2%
Q1 25
0.8%
Q4 24
2.5%
Q3 24
5.5%
Q2 24
6.6%
Q1 24
1.3%
Cash Conversion
KRP
KRP
RGR
RGR
Q4 25
2.31×
Q3 25
2.81×
8.15×
Q2 25
2.71×
Q1 25
2.09×
1.43×
Q4 24
Q3 24
2.42×
1.98×
Q2 24
4.14×
2.27×
Q1 24
7.39×
1.04×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KRP
KRP

Oil And Condensate$45.9M56%
Natural Gas Midstream$19.5M24%
NGL Revenue$10.6M13%
Other$6.4M8%

RGR
RGR

Firearms$150.6M100%
Castings$7.3M5%

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