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Kimbell Royalty Partners, LP（KRP）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
Kimbell Royalty Partners, LP的季度营收约是Repay Holdings Corp的1.0倍（$82.5M vs $78.6M），Kimbell Royalty Partners, LP净利率更高（30.1% vs -178.3%，领先208.4%），Kimbell Royalty Partners, LP同比增速更快（23.6% vs 0.4%），过去两年Kimbell Royalty Partners, LP的营收复合增速更高（0.1% vs -1.3%）
Kimbell Royalty Partners, LP是一家美国上市有限合伙企业，主营油气矿产及特许权权益的持有与收购，资产覆盖二叠纪、巴肯、伊格尔福特等美国核心陆上产油盆地，收入来源于对应资产开采的特许权使用费。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
KRP vs RPAY — 直观对比
营收规模更大
KRP
是对方的1.0倍
$78.6M
营收增速更快
KRP
高出23.2%
0.4%
净利率更高
KRP
高出208.4%
-178.3%
两年增速更快
KRP
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $82.5M | $78.6M |
| 净利润 | $24.8M | $-140.1M |
| 毛利率 | — | 74.2% |
| 营业利润率 | 39.6% | -182.2% |
| 净利率 | 30.1% | -178.3% |
| 营收同比 | 23.6% | 0.4% |
| 净利润同比 | 163.2% | -3304.1% |
| 每股收益（稀释后） | — | $-1.68 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收KRPRPAY
| Q4 25 | $82.5M | $78.6M | ||
| Q3 25 | $80.6M | $77.7M | ||
| Q2 25 | $86.5M | $75.6M | ||
| Q1 25 | $84.2M | $77.3M | ||
| Q4 24 | $66.7M | $78.3M | ||
| Q3 24 | $83.8M | $79.1M | ||
| Q2 24 | $76.6M | $74.9M | ||
| Q1 24 | $82.2M | $80.7M |
净利润KRPRPAY
| Q4 25 | $24.8M | $-140.1M | ||
| Q3 25 | $22.3M | $-6.4M | ||
| Q2 25 | $26.7M | $-102.3M | ||
| Q1 25 | $25.9M | $-7.9M | ||
| Q4 24 | $-39.3M | $-4.1M | ||
| Q3 24 | $25.8M | $3.2M | ||
| Q2 24 | $15.2M | $-4.1M | ||
| Q1 24 | $9.3M | $-5.2M |
毛利率KRPRPAY
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 78.2% | ||
| Q1 24 | — | 76.2% |
营业利润率KRPRPAY
| Q4 25 | 39.6% | -182.2% | ||
| Q3 25 | 35.8% | -3.9% | ||
| Q2 25 | 43.7% | -138.7% | ||
| Q1 25 | 39.9% | -4.7% | ||
| Q4 24 | -58.0% | -1.5% | ||
| Q3 24 | 40.8% | -0.9% | ||
| Q2 24 | 31.2% | -4.6% | ||
| Q1 24 | 21.4% | -3.1% |
净利率KRPRPAY
| Q4 25 | 30.1% | -178.3% | ||
| Q3 25 | 27.7% | -8.3% | ||
| Q2 25 | 30.8% | -135.2% | ||
| Q1 25 | 30.7% | -10.3% | ||
| Q4 24 | -58.8% | -5.3% | ||
| Q3 24 | 30.8% | 4.1% | ||
| Q2 24 | 19.8% | -5.4% | ||
| Q1 24 | 11.4% | -6.5% |
每股收益（稀释后）KRPRPAY
| Q4 25 | — | $-1.68 | ||
| Q3 25 | — | $-0.08 | ||
| Q2 25 | — | $-1.15 | ||
| Q1 25 | — | $-0.09 | ||
| Q4 24 | — | $-0.04 | ||
| Q3 24 | — | $0.03 | ||
| Q2 24 | — | $-0.04 | ||
| Q1 24 | — | $-0.06 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $44.0M | $115.7M |
| 总债务越低越好 | — | $280.1M |
| 股东权益账面价值 | — | $484.4M |
| 总资产 | $1.2B | $1.2B |
| 负债/权益比越低杠杆越低 | — | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资KRPRPAY
| Q4 25 | $44.0M | $115.7M | ||
| Q3 25 | $40.0M | $95.7M | ||
| Q2 25 | $34.5M | $162.6M | ||
| Q1 25 | $35.6M | $165.5M | ||
| Q4 24 | $34.2M | $189.5M | ||
| Q3 24 | $34.7M | $168.7M | ||
| Q2 24 | $30.9M | $147.1M | ||
| Q1 24 | $39.7M | $128.3M |
总债务KRPRPAY
| Q4 25 | — | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益KRPRPAY
| Q4 25 | — | $484.4M | ||
| Q3 25 | — | $616.9M | ||
| Q2 25 | — | $633.7M | ||
| Q1 25 | — | $755.7M | ||
| Q4 24 | — | $761.3M | ||
| Q3 24 | — | $754.7M | ||
| Q2 24 | — | $815.4M | ||
| Q1 24 | — | $813.8M |
总资产KRPRPAY
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $1.3B | $1.3B | ||
| Q2 25 | $1.3B | $1.4B | ||
| Q1 25 | $1.3B | $1.5B | ||
| Q4 24 | $1.1B | $1.6B | ||
| Q3 24 | $1.2B | $1.6B | ||
| Q2 24 | $1.2B | $1.5B | ||
| Q1 24 | $1.3B | $1.5B |
负债/权益比KRPRPAY
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $57.2M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | — | $23.2M |
| 自由现金流率自由现金流/营收 | — | 29.6% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 现金转化率经营现金流/净利润 | 2.31× | — |
| 过去12个月自由现金流最近4个季度 | — | $90.7M |
8季度趋势，按日历期对齐
经营现金流KRPRPAY
| Q4 25 | $57.2M | $23.3M | ||
| Q3 25 | $62.8M | $32.2M | ||
| Q2 25 | $72.3M | $33.1M | ||
| Q1 25 | $54.2M | $2.5M | ||
| Q4 24 | $56.6M | $34.3M | ||
| Q3 24 | $62.4M | $60.1M | ||
| Q2 24 | $62.9M | $31.0M | ||
| Q1 24 | $69.0M | $24.8M |
自由现金流KRPRPAY
| Q4 25 | — | $23.2M | ||
| Q3 25 | — | $32.1M | ||
| Q2 25 | — | $33.0M | ||
| Q1 25 | — | $2.4M | ||
| Q4 24 | — | $34.0M | ||
| Q3 24 | — | $59.8M | ||
| Q2 24 | — | $30.5M | ||
| Q1 24 | — | $24.7M |
自由现金流率KRPRPAY
| Q4 25 | — | 29.6% | ||
| Q3 25 | — | 41.3% | ||
| Q2 25 | — | 43.6% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | — | 43.5% | ||
| Q3 24 | — | 75.6% | ||
| Q2 24 | — | 40.7% | ||
| Q1 24 | — | 30.6% |
资本支出强度KRPRPAY
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 0.1% |
现金转化率KRPRPAY
| Q4 25 | 2.31× | — | ||
| Q3 25 | 2.81× | — | ||
| Q2 25 | 2.71× | — | ||
| Q1 25 | 2.09× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.42× | 18.52× | ||
| Q2 24 | 4.14× | — | ||
| Q1 24 | 7.39× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
KRP
| Oil And Condensate | $45.9M | 56% |
| Natural Gas Midstream | $19.5M | 24% |
| NGL Revenue | $10.6M | 13% |
| Other | $6.4M | 8% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
