Texas Pacific Land (TPL) Asset Utilization Ratio (2021 - 2026)

Texas Pacific Land's (TPL) quarterly Asset Utilization Ratio came in at 0.5 in Q1 2026, down 11.12% year-on-year from 0.56 in Q1 2025, and down 1.94% on a QoQ basis from 0.51 in Q4 2025.

Texas Pacific Land (TPL) Asset Utilization Ratio (2021 - 2026) Analysis & Trends

Texas Pacific Land (TPL) has 6 years of Asset Utilization Ratio data on file, last reported at 0.5 in Q1 2026.

  • On a quarterly basis, Asset Utilization Ratio fell 11.12% year-over-year to 0.5 in Q1 2026; TTM through Mar 2026 was 0.5, a 11.12% decrease from a year earlier, with the FY2025 full-year figure at 0.56, down 5.3% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.5, down from 0.51 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for TPL reached as high as 0.83 in Q3 2022 and fell as low as 0.5 in Q1 2026.
  • Historically, Asset Utilization Ratio has averaged 0.61 across 5 years, with a median of 0.57 in 2023.
  • Across the five-year window, Asset Utilization Ratio jumped 55.81% in 2022 and fell 28.53% in 2023, its largest moves.
  • Year by year, Asset Utilization Ratio stood at 0.78 in 2022, then slipped by 27.77% to 0.57 in 2023, then gained by 3.09% to 0.58 in 2024, then declined by 12.94% to 0.51 in 2025, then slipped by 1.94% to 0.5 in 2026.
  • Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.5 in Q1 2026, 0.51 in Q4 2025, and 0.53 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 0.47
2 Eog Resources 74.61 Bn 70.76 Bn - 0.45
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 0.22
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 0.24
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 0.23
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 0.50
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 0.53
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 0.50
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 0.36

Historic Data

Download Data
DateValue
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
Jun 30, 2021 0.49