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TXO Partners LPTXO -0.68%66 3-Year ROIIC % is 9.46 as of Dec. 2025, which is at its 10-year median of 9.46. GuruFocus rates TXO with a GF Score™ of 66/100 and a GF Value™ of $11.29 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 923 Oil & Gas companies, TXO Partners LP ranks better than 67.28% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
TXO Partners LP's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 9.46%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for TXO Partners LP's 3-Year ROIIC % or its related term are showing as below:
TXO's 3-Year ROIIC % is ranked better than 67.28% of 923
companies
in the Oil & Gas industry
Industry Median: -0.02
vs TXO: 9.46
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
TXO Partners LP 3-Year ROIIC % Related Terms
TXO Partners LP 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for TXO Partners LP's 3-Year ROIIC % 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.
For the Oil & Gas E&P subindustry, TXO Partners LP's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.
TXO Partners LP 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TXO Partners LP's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where TXO Partners LP's 3-Year ROIIC % falls into.
TXO Partners LP's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 11.844 (Dec. 2025) - -25.68 (Dec. 2022) )
/
( 1345.831 (Dec. 2025) - 949.255 (Dec. 2022) )
=
37.524
/
396.576
=
9.46%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
TXO Partners LP (TXO) has a 3-Year ROIIC % of 9.46 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on TXO Partners LP and its competitors. This is near median its historical median of 9.46. According to the industry distribution chart, TXO Partners LP ranks #302 out of 923 companies in the Oil & Gas industry, placing it in the top 32.7%.
Is TXO Partners LP's 3-Year ROIIC % too high?
TXO Partners LP's current 3-Year ROIIC % of 9.46 is near median its 10-year median of 9.46. Based on the distribution chart, TXO Partners LP ranks #302 out of 923 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, TXO Partners LP has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TXO Partners LP's 3-Year ROIIC % compare to GFR and VTS?
According to the Oil & Gas industry distribution chart, TXO Partners LP ranks #302 out of 923 companies for 3-Year ROIIC %. This puts TXO Partners LP in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Oil & Gas company?
A good 3-Year ROIIC % depends on the Oil & Gas industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on TXO Partners LP and its competitors. TXO Partners LP's current 3-Year ROIIC % is 9.46, which is near median its own 10-year median of 9.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TXO Partners LP stock overvalued right now?
Based on GuruFocus' analysis, TXO Partners LP (TXO) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.29, compared to a current price of $13.10 — trading 16% above its estimated fair value. The current 3-Year ROIIC % is 9.46, which is near median its 10-year median of 9.46. TXO Partners LP's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For TXO Partners LP (TXO), the current 3-Year ROIIC % is 9.46 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is TXO Partners LP (TXO) Overvalued in 2026?
Based on GuruFocus' analysis, TXO Partners LP stock appears to be overvalued.
The current stock price of $13.10 is trading 16% above its estimated GF Value™ of $11.29.
GuruFocus considers TXO Partners LP to be Modestly Overvalued.
Key valuation signals for TXO:
3-Year ROIIC %: 9.46 (near median its 10-year median of 9.46)
GF Value™: $11.29 vs. price of $13.10 (16% above fair value)
No single metric tells the full story. See the TXO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TXO Partners LP is focused on the acquisition, development, optimization, and exploitation of oil, natural gas, and natural gas liquid reserves in North America. Its operations focus on enhancing the development and operation of producing properties through its concentration on efficiency and optimizing exploitation of current wells.
66GF Score
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