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Texas Pacific Land (STU:9WY) Gross-Profit-to-Asset % : 53.02% (As of Mar. 2024)


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What is Texas Pacific Land Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Texas Pacific Land's annualized Gross Profit for the quarter that ended in Mar. 2024 was €588.2 Mil. Texas Pacific Land's average Total Assets over the quarter that ended in Mar. 2024 was €1,109.4 Mil. Therefore, Texas Pacific Land's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 53.02%.


Texas Pacific Land Gross-Profit-to-Asset % Historical Data

The historical data trend for Texas Pacific Land's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Texas Pacific Land Gross-Profit-to-Asset % Chart

Texas Pacific Land Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.08 44.02 65.09 79.63 56.64

Texas Pacific Land Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.63 59.53 56.48 54.43 53.02

Competitive Comparison of Texas Pacific Land's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Texas Pacific Land's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Texas Pacific Land's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Texas Pacific Land's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Texas Pacific Land's Gross-Profit-to-Asset % falls into.



Texas Pacific Land Gross-Profit-to-Asset % Calculation

Texas Pacific Land's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=534.86/( (828.291+1060.417)/ 2 )
=534.86/944.354
=56.64 %

Texas Pacific Land's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=588.212/( (1060.417+1158.436)/ 2 )
=588.212/1109.4265
=53.02 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Texas Pacific Land Gross-Profit-to-Asset % Related Terms

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Texas Pacific Land (STU:9WY) Business Description

Traded in Other Exchanges
Address
1700 Pacific Avenue, Suite 2900, Dallas, TX, USA, 75201
Texas Pacific Land Corp is mainly engaged in sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. It operates its business in two segments including Land and Resource Management and Water Service and Operations. The Land and Resource Management segment focuses on managing its oil and gas royalty interest and surface acres located in 19 different counties. The Water Service and Operations segment includes Water Sourcing, Produced Water Gathering / Treatment / Recycling, Infrastructure Development, Produced Water Disposal, Water Tracking / Analytics / Well Testing.

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