Texas Pacific Land (TPL) Asset Utilization Ratio (2021 - 2026)
Texas Pacific Land (TPL) posted quarterly Asset Utilization Ratio of 0.5 for Q1 2026, down 11.12% year-over-year from 0.56 in Q1 2025, and down 1.94% quarter-over-quarter from 0.51 in Q4 2025.
Texas Pacific Land (TPL) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has reported Asset Utilization Ratio for 6 consecutive years, with 0.5 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 11.12% year-over-year to 0.5; the TTM figure through Mar 2026 stood at 0.5 (down 11.12% YoY), while the FY2025 annual figure was 0.56, down 5.3% from the prior year.
- Asset Utilization Ratio fell to 0.5 in Q1 2026 per TPL's latest filing, from 0.51 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.83 in Q3 2022 and bottomed at 0.5 in Q1 2026.
- Historically, Asset Utilization Ratio has averaged 0.61 across 5 years, with a median of 0.57 in 2023.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 55.81% — and 2023, when it decreased 28.53%.
- Texas Pacific Land's Asset Utilization Ratio stood at 0.78 in 2022, then retreated by 27.77% to 0.57 in 2023, then increased by 3.09% to 0.58 in 2024, then slipped by 12.94% to 0.51 in 2025, then retreated by 1.94% to 0.5 in 2026.
- Business Quant data shows TPL's Asset Utilization Ratio at 0.5 in Q1 2026, 0.51 in Q4 2025, and 0.53 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 0.53 |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 0.50 |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 0.24 |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 0.39 |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 0.27 |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 0.23 |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 0.50 |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 0.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.50 |
| Mar 31, 2026 | 0.50 |
| Dec 31, 2025 | 0.51 |
| Sep 30, 2025 | 0.53 |
| Jun 30, 2025 | 0.54 |
| Mar 31, 2025 | 0.56 |
| Dec 31, 2024 | 0.58 |
| Sep 30, 2024 | 0.55 |
| Jun 30, 2024 | 0.52 |
| Mar 31, 2024 | 0.55 |
| Dec 31, 2023 | 0.57 |
| Sep 30, 2023 | 0.59 |
| Jun 30, 2023 | 0.67 |
| Mar 31, 2023 | 0.73 |
| Dec 31, 2022 | 0.78 |
| Sep 30, 2022 | 0.83 |
| Jun 30, 2022 | 0.73 |
| Mar 31, 2022 | 0.63 |
| Dec 31, 2021 | 0.62 |
| Sep 30, 2021 | 0.53 |