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| Date | Value |
|---|---|
| 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% |