Texas Pacific Land (TPL) Return on Capital Employed (2021 - 2026)

Texas Pacific Land (TPL) reported Return on Capital Employed of 39.41% for Q1 2026, down 583.0% year-over-year from 8.16% in Q1 2025, and little changed quarter-over-quarter from 39.44% in Q4 2025.

Texas Pacific Land (TPL) Return on Capital Employed (2021 - 2026) Analysis & Trends

Texas Pacific Land (TPL) has 6 years of Return on Capital Employed data on file, last reported at 39.41% in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 39.41%, down 583.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 39.41% (down 583.0% YoY), and the FY2025 annual result was 43.44%, down 321.0% from the prior year.
  • Return on Capital Employed was little changed at 39.41% in Q1 2026 per TPL's latest filing, from 39.44% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 74.87% in Q3 2022 and troughed at 39.41% in Q1 2026.
  • A 5-year average of 51.0% and a median of 45.49% in 2024 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2022 and 2023: Return on Capital Employed jumped 2897 bps in 2022, then slumped 2689 bps in 2023.
  • A 5-year view of Return on Capital Employed shows it stood at 69.11% in 2022, then tumbled by 34 bps to 45.28% in 2023, then climbed by 2 bps to 46.27% in 2024, then decreased by 15 bps to 39.44% in 2025, then decreased by 0 bps to 39.41% in 2026.
  • Business Quant data shows TPL's Return on Capital Employed at 39.41% in Q1 2026, 39.44% in Q4 2025, and 41.91% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - 13.66%
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 22.41%
4 Eog Resources 72.93 Bn 69.08 Bn - 15.04%
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 19.02%
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn -0.44%
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 23.41%
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 12.16%
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 34,022.25%
10 Texas Pacific Land 26.33 Bn 26.08 Bn - 39.41%

Historic Data

Download Data
DateValue
Mar 31, 2026 39.41%
Dec 31, 2025 39.44%
Sep 30, 2025 41.91%
Jun 30, 2025 42.26%
Mar 31, 2025 45.24%
Dec 31, 2024 46.27%
Sep 30, 2024 44.64%
Jun 30, 2024 42.64%
Mar 31, 2024 45.49%
Dec 31, 2023 45.28%
Sep 30, 2023 47.98%
Jun 30, 2023 54.80%
Mar 31, 2023 63.48%
Dec 31, 2022 69.11%
Sep 30, 2022 74.87%
Jun 30, 2022 67.03%
Mar 31, 2022 57.16%
Dec 31, 2021 53.38%
Sep 30, 2021 45.90%
Jun 30, 2021 40.74%