Texas Pacific Land Ratios (2019-2025) | TPL

Ratios Dec2019 Mar2020 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Profitability
EBT Margin 78.59%73.88%60.96%78.02%74.47%73.71%74.72%83.88%85.31%84.43%86.42%85.80%83.92%75.39%79.17%85.42%87.08%83.83%84.98%78.02%81.27%78.78%79.44%76.41%
EBIT Margin 78.59%73.03%60.65%76.29%74.33%73.70%74.29%83.46%85.52%84.37%86.07%84.80%81.35%71.71%74.89%80.37%80.32%78.12%77.30%73.36%76.73%76.57%76.65%73.41%
EBITDA Margin 78.59%59.44%48.17%62.23%58.57%59.51%59.50%67.80%54.79%66.45%67.45%67.94%67.60%59.13%62.49%66.82%67.51%65.69%66.48%61.40%64.69%61.54%61.91%59.68%
Operating Margin 73.03%60.65%76.29%74.33%73.70%74.29%83.46%85.52%84.37%86.07%84.80%81.35%71.71%74.89%80.37%80.32%78.12%77.30%73.36%76.73%76.57%76.65%73.41%
Net Margin 78.59%59.37%48.15%62.21%57.07%59.48%59.47%67.78%72.13%66.45%67.45%67.94%65.31%59.15%62.51%66.83%67.87%65.70%66.49%61.42%63.71%61.56%61.93%59.70%
FCF Margin 67.03%60.97%77.23%60.33%60.53%42.83%57.74%58.54%70.66%48.00%59.08%82.72%77.22%41.04%68.11%66.86%83.27%53.33%63.80%61.00%75.39%62.70%64.47%
Efficiency
Assets Average 592.72M623.82M664.73M729.84M810.32M810.64M796.84M853.20M916.34M978.29M1,040.32M1,117.86M1,207.78M1,287.48M1,245.68M1,211.79M1,300.66M1,378.98M1,464.79M
Equity Average 499.56M530.56M574.11M626.38M689.79M686.58M683.23M747.03M800.97M858.30M926.05M1,003.88M1,082.82M1,164.43M1,129.28M1,092.30M1,169.36M1,247.60M1,328.45M
Invested Capital 512.14M485.18M513.93M547.18M601.04M651.71M727.88M645.28M721.17M772.89M829.05M887.55M964.56M1,043.20M1,122.45M1,206.42M1,052.13M1,132.46M1,206.26M1,288.94M1,367.96M
Asset Utilization Ratio 0.490.530.570.620.630.730.830.780.730.670.590.570.550.520.550.580.560.540.53
Leverage & Solvency
Equity Ratio 0.860.850.840.860.860.850.850.840.870.880.870.890.890.900.890.920.890.910.890.920.90
Dividends & Payouts
FCF Payout Ratio 1.921.730.420.520.300.250.222.100.200.180.220.380.230.220.190.292.320.320.250.310.28
Valuation
Enterprise Value -303.64M-281.05M-310.65M-329.13M-372.76M-428.24M-507.36M-389.79M-446.59M-510.83M-590.62M-609.25M-654.16M-725.17M-837.10M-894.70M-533.91M-369.83M-460.38M-543.93M-531.81M
Return Ratios
Return on Sales 0.79%0.59%0.48%0.62%0.57%0.59%0.59%0.68%0.72%0.66%0.67%0.68%0.65%0.59%0.63%0.67%0.68%0.66%0.66%0.61%0.64%0.62%0.62%0.60%
Return on Capital Employed 0.37%0.41%0.46%0.53%0.57%0.67%0.75%0.69%0.63%0.55%0.48%0.45%0.45%0.43%0.45%0.46%0.45%0.42%0.42%
Return on Invested Capital 0.33%0.37%0.41%0.47%0.50%0.59%0.66%0.59%0.53%0.47%0.40%0.38%0.37%0.36%0.37%0.39%0.37%0.35%0.34%
Return on Assets 0.28%0.31%0.35%0.41%0.43%0.50%0.57%0.52%0.47%0.43%0.38%0.36%0.36%0.35%0.36%0.37%0.35%0.33%0.33%
Return on Equity 0.33%0.37%0.41%0.47%0.50%0.59%0.66%0.60%0.54%0.49%0.42%0.40%0.40%0.38%0.40%0.42%0.39%0.37%0.36%