Texas Pacific Land (TPL) Return on Equity [ROE] (2020 - 2026)
Texas Pacific Land's Return on Equity [ROE] was 33.54% in Q2 2026, down 3.47 percentage points from 37.01% a year earlier but up 0.13 percentage points from the prior quarter.
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Analysis
Texas Pacific Land (TPL) Return on Equity [ROE] (2020 - 2026) Analysis & Trends
For FY2025, Return on Equity [ROE] at Texas Pacific Land came in at 37.15%, down 4.58 percentage points from FY2024.
- Return on Equity [ROE] has now declined for three consecutive years, though with a five-year change of +1.85 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was 41.73% in FY2024 (-2.94 pp), 44.67% in FY2023 (-17.99 pp), 62.66% in FY2022 (+15.17 pp) and 47.49% in FY2021 (+12.19 pp).
- Quarterly Return on Equity [ROE] has moved between 33.41% (Q1 2026) and 66.27% (Q3 2022) over five years.
- Compared with a year earlier, Return on Equity [ROE] has declined for six straight quarters, with an average year-over-year change of -3.05 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q3 2022 (a gain of 25.21 percentage points); the worst was Q3 2023 (a drop of 23.91 percentage points).
- Per Business Quant data, TPL's Return on Equity [ROE] in the three quarters before Q2 2026 was 33.41% (Q1 2026), 34.06% (Q4 2025) and 35.86% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.47 Bn | 21.30 Bn | - | 33.54% |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - | - |
| 3 | LandBridge | 6.25 Bn | 6.60 Bn | 65.71 Mn | 10.66% |
| 4 | Millrose Properties | 4.01 Bn | 4.01 Bn | - | 8.13% |
| 5 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn | 15.99% |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - | 13.39% |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | -162.87% |
| 8 | Forestar | 1.31 Bn | -34.86 Mn | 84.10 Mn | 9.27% |
| 9 | Five Point Holdings | 693.74 Mn | 722.51 Mn | -23.72 Mn | 6.00% |
| 10 | Tejon Ranch | 438.56 Mn | 373.54 Mn | - | 1.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.54% |
| Mar 31, 2026 | 33.41% |
| Dec 31, 2025 | 34.06% |
| Sep 30, 2025 | 35.86% |
| Jun 30, 2025 | 37.01% |
| Mar 31, 2025 | 39.35% |
| Dec 31, 2024 | 41.56% |
| Sep 30, 2024 | 39.73% |
| Jun 30, 2024 | 38.45% |
| Mar 31, 2024 | 40.03% |
| Dec 31, 2023 | 40.41% |
| Sep 30, 2023 | 42.36% |
| Jun 30, 2023 | 48.53% |
| Mar 31, 2023 | 54.31% |
| Dec 31, 2022 | 59.75% |
| Sep 30, 2022 | 66.27% |
| Jun 30, 2022 | 59.25% |
| Mar 31, 2022 | 50.01% |
| Dec 31, 2021 | 47.43% |
| Sep 30, 2021 | 41.06% |
API Access
Texas Pacific Land Return on Equity [ROE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=TPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "TPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();