Dorchester Minerals (DMLP) Return on Capital Employed (2011 - 2019)
Dorchester Minerals' (DMLP) quarterly Return on Capital Employed came in at 44.18% in Q3 2019, up 5.0% YoY from 42.08% in Q3 2018, and up 7.89% on a QoQ basis from 40.95% in Q2 2019.
Dorchester Minerals (DMLP) Return on Capital Employed (2011 - 2019) Analysis & Trends
Dorchester Minerals (DMLP) has 8 years of Return on Capital Employed data on file, last reported at 44.18% in Q3 2019.
- Quarterly Return on Capital Employed rose 5.0% year-over-year to 44.18% in Q3 2019, while the trailing twelve-month figure through Sep 2019 was 44.18% (up 5.0% YoY) and the FY2016 annual result came in at 29.87%, up 1430.0% from the prior year.
- Return on Capital Employed improved to 44.18% in Q3 2019, from 40.95% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 44.18% in Q3 2019 to a low of 17.53% in Q4 2015.
- A 4-year average of 33.38% and a median of 33.73% in 2015 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2015 — Return on Capital Employed sank 2720 bps — and 2018, when it jumped 1737 bps.
- Tracing DMLP's Return on Capital Employed over 4 years: stood at 17.53% in 2015, then jumped by 53 bps to 26.76% in 2017, then jumped by 65 bps to 44.13% in 2018, then gained by 0 bps to 44.18% in 2019.
- The last three Return on Capital Employed figures came in at 44.18% (Q3 2019), 40.95% (Q2 2019), and 41.87% (Q1 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 28.17% |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 18.27% |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 1.68% |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 9.42% |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 5.58% |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 10.19% |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 39.30% |
| 10 | Dorchester Minerals | 1.40 Bn | 1.32 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2019 | 44.18% |
| Jun 30, 2019 | 40.95% |
| Mar 31, 2019 | 41.87% |
| Sep 30, 2018 | 44.13% |
| Jun 30, 2018 | 42.05% |
| Mar 31, 2018 | 33.93% |
| Sep 30, 2017 | 26.76% |
| Jun 30, 2017 | 25.98% |
| Mar 31, 2017 | 24.96% |
| Dec 31, 2015 | 17.53% |
| Sep 30, 2015 | 24.65% |
| Jun 30, 2015 | 33.54% |
| Dec 31, 2014 | 44.74% |
| Sep 30, 2014 | 46.94% |
| Jun 30, 2014 | 45.05% |
| Mar 31, 2014 | 43.35% |
| Dec 31, 2013 | 38.48% |
| Sep 30, 2013 | 38.70% |
| Jun 30, 2013 | 35.94% |
| Mar 31, 2013 | 31.96% |