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Side-by-side financial comparison of Kimbell Royalty Partners, LP (KRP) and Star Equity Holdings, Inc. (STRR). Click either name above to swap in a different company.

Kimbell Royalty Partners, LP is the larger business by last-quarter revenue ($82.5M vs $56.8M, roughly 1.5× Star Equity Holdings, Inc.). Kimbell Royalty Partners, LP runs the higher net margin — 30.1% vs -3.0%, a 33.1% gap on every dollar of revenue. On growth, Star Equity Holdings, Inc. posted the faster year-over-year revenue change (69.0% vs 23.6%). Over the past eight quarters, Star Equity Holdings, Inc.'s revenue compounded faster (29.5% 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.

Artists Equity is an American production company founded by actors and filmmakers Ben Affleck and Matt Damon in November 2022.

KRP vs STRR — Head-to-Head

Bigger by revenue
KRP
KRP
1.5× larger
KRP
$82.5M
$56.8M
STRR
Growing faster (revenue YoY)
STRR
STRR
+45.4% gap
STRR
69.0%
23.6%
KRP
Higher net margin
KRP
KRP
33.1% more per $
KRP
30.1%
-3.0%
STRR
Faster 2-yr revenue CAGR
STRR
STRR
Annualised
STRR
29.5%
0.1%
KRP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KRP
KRP
STRR
STRR
Revenue
$82.5M
$56.8M
Net Profit
$24.8M
$-1.7M
Gross Margin
Operating Margin
39.6%
-0.2%
Net Margin
30.1%
-3.0%
Revenue YoY
23.6%
69.0%
Net Profit YoY
163.2%
-192.1%
EPS (diluted)
$-0.49

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
STRR
STRR
Q4 25
$82.5M
$56.8M
Q3 25
$80.6M
$48.0M
Q2 25
$86.5M
$35.5M
Q1 25
$84.2M
$31.9M
Q4 24
$66.7M
$33.6M
Q3 24
$83.8M
$36.9M
Q2 24
$76.6M
$35.7M
Q1 24
$82.2M
$33.9M
Net Profit
KRP
KRP
STRR
STRR
Q4 25
$24.8M
$-1.7M
Q3 25
$22.3M
$-1.8M
Q2 25
$26.7M
$-688.0K
Q1 25
$25.9M
$-1.8M
Q4 24
$-39.3M
$-585.0K
Q3 24
$25.8M
$-846.0K
Q2 24
$15.2M
$-441.0K
Q1 24
$9.3M
$-2.9M
Gross Margin
KRP
KRP
STRR
STRR
Q4 25
Q3 25
43.0%
Q2 25
Q1 25
Q4 24
Q3 24
50.5%
Q2 24
Q1 24
Operating Margin
KRP
KRP
STRR
STRR
Q4 25
39.6%
-0.2%
Q3 25
35.8%
-3.4%
Q2 25
43.7%
-0.6%
Q1 25
39.9%
-5.4%
Q4 24
-58.0%
-0.4%
Q3 24
40.8%
-1.2%
Q2 24
31.2%
-0.5%
Q1 24
21.4%
-9.0%
Net Margin
KRP
KRP
STRR
STRR
Q4 25
30.1%
-3.0%
Q3 25
27.7%
-3.7%
Q2 25
30.8%
-1.9%
Q1 25
30.7%
-5.5%
Q4 24
-58.8%
-1.7%
Q3 24
30.8%
-2.3%
Q2 24
19.8%
-1.2%
Q1 24
11.4%
-8.6%
EPS (diluted)
KRP
KRP
STRR
STRR
Q4 25
$-0.49
Q3 25
$-0.54
Q2 25
$-0.23
Q1 25
$-0.59
Q4 24
$-0.21
Q3 24
$-0.28
Q2 24
$-0.15
Q1 24
$-0.95

Balance Sheet & Financial Strength

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

Metric
KRP
KRP
STRR
STRR
Cash + ST InvestmentsLiquidity on hand
$44.0M
$10.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$65.7M
Total Assets
$1.2B
$113.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRP
KRP
STRR
STRR
Q4 25
$44.0M
$10.3M
Q3 25
$40.0M
$15.4M
Q2 25
$34.5M
$16.8M
Q1 25
$35.6M
$16.6M
Q4 24
$34.2M
$17.0M
Q3 24
$34.7M
$15.8M
Q2 24
$30.9M
$14.7M
Q1 24
$39.7M
$20.4M
Total Debt
KRP
KRP
STRR
STRR
Q4 25
Q3 25
$6.5M
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
Q1 24
Stockholders' Equity
KRP
KRP
STRR
STRR
Q4 25
$65.7M
Q3 25
$67.8M
Q2 25
$40.1M
Q1 25
$39.5M
Q4 24
$40.4M
Q3 24
$42.9M
Q2 24
$42.6M
Q1 24
$44.3M
Total Assets
KRP
KRP
STRR
STRR
Q4 25
$1.2B
$113.2M
Q3 25
$1.3B
$117.1M
Q2 25
$1.3B
$55.6M
Q1 25
$1.3B
$53.2M
Q4 24
$1.1B
$52.6M
Q3 24
$1.2B
$52.6M
Q2 24
$1.2B
$52.6M
Q1 24
$1.3B
$52.6M
Debt / Equity
KRP
KRP
STRR
STRR
Q4 25
Q3 25
0.10×
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
Q2 24
Q1 24

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
STRR
STRR
Operating Cash FlowLast quarter
$57.2M
$-7.3M
Free Cash FlowOCF − Capex
$-9.0M
FCF MarginFCF / Revenue
-15.8%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
2.31×
TTM Free Cash FlowTrailing 4 quarters
$-13.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KRP
KRP
STRR
STRR
Q4 25
$57.2M
$-7.3M
Q3 25
$62.8M
$-2.7M
Q2 25
$72.3M
$139.0K
Q1 25
$54.2M
$-802.0K
Q4 24
$56.6M
$-2.8M
Q3 24
$62.4M
$1.3M
Q2 24
$62.9M
$-4.3M
Q1 24
$69.0M
$-1.8M
Free Cash Flow
KRP
KRP
STRR
STRR
Q4 25
$-9.0M
Q3 25
$-3.4M
Q2 25
$102.0K
Q1 25
$-808.0K
Q4 24
$-2.8M
Q3 24
$1.3M
Q2 24
$-4.3M
Q1 24
$-1.8M
FCF Margin
KRP
KRP
STRR
STRR
Q4 25
-15.8%
Q3 25
-7.0%
Q2 25
0.3%
Q1 25
-2.5%
Q4 24
-8.3%
Q3 24
3.4%
Q2 24
-12.0%
Q1 24
-5.3%
Capex Intensity
KRP
KRP
STRR
STRR
Q4 25
3.0%
Q3 25
1.3%
Q2 25
0.1%
Q1 25
0.0%
Q4 24
0.1%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
KRP
KRP
STRR
STRR
Q4 25
2.31×
Q3 25
2.81×
Q2 25
2.71×
Q1 25
2.09×
Q4 24
Q3 24
2.42×
Q2 24
4.14×
Q1 24
7.39×

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%

STRR
STRR

Revenue From Other Contracts With Customers$27.6M49%
Other$24.3M43%
Energy Services Segment$4.9M9%

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