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TPL (Texas Pacific Land) Gross-Profit-to-Asset % : 54.59% (As of Dec. 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 Dec. 2024 was $661.5 Mil. Texas Pacific Land's average Total Assets over the quarter that ended in Dec. 2024 was $1,211.8 Mil. Therefore, Texas Pacific Land's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 54.59%.


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 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.15 63.11 77.32 57.36 52.78

Texas Pacific Land Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 55.02 52.94 47.66 50.06 54.59

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. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=634.537/( (1156.398+1248.02)/ 2 )
=634.537/1202.209
=52.78 %

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

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=661.54/( (1175.569+1248.02)/ 2 )
=661.54/1211.7945
=54.59 %

* 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 (Dec. 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 Business Description

Traded in Other Exchanges
Address
1700 Pacific Avenue, Suite 2900, Dallas, TX, USA, 75201
Texas Pacific Land Corp is mainly engaged in the 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 reportable segments; Land and Resource Management and Water Service and Operations. The Land and Resource Management segment focuses on managing surface acres of land and its oil and gas royalty interests, principally concentrated in the Permian Basin. The Water Services and Operations segment encompasses the business of providing full-service water offerings to operators, produced-water treatment, infrastructure development, and disposal solutions. The company generates the majority of its revenue from the Land and Resource Management segment.
Executives
Murray Stahl director C/O HORIZON KINETICS LLC, 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Chris Steddum officer: Chief Financial Officer 1700 PACIFIC AVENUE, SUITE 2900, DALLAS TX 75201
Micheal W. Dobbs officer: Senior VP, Secretory + GC 1700 PACIFIC AVENUE, SUITE 2900, DALLAS TX 75201
Donna E Epps director 11465 JOHNS CREEK PARKWAY, SUITE400, JOHNS CREEK GA 30097
Horizon Kinetics Asset Management Llc 10 percent owner 470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK NY 10016
Stephanie Buffington officer: Chief Accounting Officer
Donald G Cook director 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Eric L Oliver director 303 W WALL, SUITE 1700, MIDLAND TX 79701
Rhys J Best director MRC GLOBAL INC., 2 HOUSTON CENTER, 909 FANNIN, SUITE 3100, HOUSTON TX 77010
Karl F Kurz director DEVON ENERGY CORP., 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Dana F. Mcginnis director 112 E PECAN STREET, SUITE 1425, SAN ANTONIO TX 78025
Norris John R Iii director 3811 TURTLE CREEK BLVD #400, C/O CALOWAY NORRIS & BURDETTE, DALLAS TX 75219
Barbara J Duganier director 6 CARLTON PARK COURT, HOUSTON TX 77024-7316
Tyler Glover director, officer: President & CEO 1700 PACIFIC AVENUE, SUITE 2770, C/O TEXAS PACIFIC LAND TRUST, DALLAS TX 75201
David E. Barry director C/O SIDRA REAL ESTATE, INC., TWO RIVERWAY, SUITE 1010, HOUSTON TX 77056