Net Profit Margin
since 2005
Calculation
Texas Pacific Land Corp., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income1 | ÷ | Revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 64.23% | = | 100 | × | 405,645) | ÷ | 631,595) |
| Dec 31, 2022 | 66.88% | = | 100 | × | 446,362) | ÷ | 667,422) |
| Dec 31, 2021 | 59.87% | = | 100 | × | 269,980) | ÷ | 450,958) |
| Dec 31, 2020 | 58.19% | = | 100 | × | 176,049) | ÷ | 302,554) |
| Dec 31, 2019 | 64.98% | = | 100 | × | 318,728) | ÷ | 490,496) |
| Dec 31, 2018 | 69.86% | = | 100 | × | 209,736) | ÷ | 300,220) |
| Dec 31, 2017 | 57.71% | = | 100 | × | 76,361) | ÷ | 132,329) |
| Dec 31, 2016 | 62.16% | = | 100 | × | 37,240) | ÷ | 59,911) |
| Dec 31, 2015 | 63.01% | = | 100 | × | 50,039) | ÷ | 79,415) |
| Dec 31, 2014 | 62.98% | = | 100 | × | 34,765) | ÷ | 55,202) |
| Dec 31, 2013 | 61.71% | = | 100 | × | 27,219) | ÷ | 44,109) |
| Dec 31, 2012 | 60.29% | = | 100 | × | 19,648) | ÷ | 32,587) |
| Dec 31, 2011 | 60.04% | = | 100 | × | 20,595) | ÷ | 34,301) |
| Dec 31, 2010 | 56.36% | = | 100 | × | 11,309) | ÷ | 20,066) |
| Dec 31, 2009 | 52.84% | = | 100 | × | 6,914) | ÷ | 13,085) |
| Dec 31, 2008 | 56.70% | = | 100 | × | 10,940) | ÷ | 19,296) |
| Dec 31, 2007 | 53.35% | = | 100 | × | 8,250) | ÷ | 15,465) |
| Dec 31, 2006 | 51.51% | = | 100 | × | 11,570) | ÷ | 22,461) |
| Dec 31, 2005 | 55.25% | = | 100 | × | 8,513) | ÷ | 15,408) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
Texas Pacific Land Corp., net profit margin, long-term trends, comparison to competitors
| Texas Pacific Land Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Occidental Petroleum Corp. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 64.23% | 10.85% | 19.52% | 10.76% | 16.62% |
| Dec 31, 2022 | 66.88% | 15.05% | 23.80% | 13.98% | 36.32% |
| Dec 31, 2021 | 59.87% | 10.04% | 17.63% | 8.33% | 8.95% |
| Dec 31, 2020 | 58.19% | -5.87% | -14.38% | -12.57% | -83.28% |
| Dec 31, 2019 | 64.98% | 2.09% | 22.07% | 5.61% | -3.27% |
| Dec 31, 2018 | 69.86% | 9.33% | 17.18% | 7.46% | 23.18% |
| Dec 31, 2017 | 57.71% | 6.83% | -2.94% | 8.31% | 10.48% |
| Dec 31, 2016 | 62.16% | -0.45% | -15.26% | 3.59% | -5.69% |
| Dec 31, 2015 | 63.01% | 3.53% | -14.98% | 6.22% | -62.73% |
| Dec 31, 2014 | 62.98% | 9.60% | 13.08% | 8.25% | 3.19% |
| Dec 31, 2013 | 61.71% | 9.73% | 16.83% | 7.74% | 24.14% |
| Dec 31, 2012 | 60.29% | 11.35% | 14.54% | 9.90% | 19.02% |
| Dec 31, 2011 | 60.04% | 11.01% | 5.08% | 8.79% | 28.28% |
| Dec 31, 2010 | 56.36% | 9.60% | 6.00% | 8.23% | 23.79% |
| Dec 31, 2009 | 52.84% | 6.26% | 3.25% | 6.39% | 18.92% |
| Dec 31, 2008 | 56.70% | 9.03% | -7.06% | 9.84% | 28.31% |
| Dec 31, 2007 | 53.35% | 8.73% | 6.34% | 10.40% | 28.75% |
| Dec 31, 2006 | 51.51% | 8.36% | 8.47% | 10.81% | 23.68% |
| Dec 31, 2005 | 55.25% | 7.28% | 7.54% | 10.07% | 34.73% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Texas Pacific Land Corp., net profit margin, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Texas Pacific Land Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2023 | 64.23% | 11.86% |
| Dec 31, 2022 | 66.88% | 16.44% |
| Dec 31, 2021 | 59.87% | 9.73% |
| Dec 31, 2020 | 58.19% | -14.70% |
| Dec 31, 2019 | 64.98% | 5.30% |
| Dec 31, 2018 | 69.86% | 9.35% |
| Dec 31, 2017 | 57.71% | 7.10% |
| Dec 31, 2016 | 62.16% | 0.87% |
| Dec 31, 2015 | 63.01% | 1.97% |
| Dec 31, 2014 | 62.98% | 8.89% |
| Dec 31, 2013 | 61.71% | 9.59% |
| Dec 31, 2012 | 60.29% | 10.98% |
| Dec 31, 2011 | 60.04% | 8.89% |
| Dec 31, 2010 | 56.36% | 8.42% |
| Dec 31, 2009 | 52.84% | 5.92% |
| Dec 31, 2008 | 56.70% | 5.96% |
| Dec 31, 2007 | 53.35% | 9.45% |
| Dec 31, 2006 | 51.51% | 9.90% |
| Dec 31, 2005 | 55.25% | 9.24% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
Texas Pacific Land Corp., net profit margin, long-term trends, comparison to industry (energy)
| Texas Pacific Land Corp. | Energy | |
|---|---|---|
| Dec 31, 2023 | 64.23% | 11.90% |
| Dec 31, 2022 | 66.88% | 16.28% |
| Dec 31, 2021 | 59.87% | 9.67% |
| Dec 31, 2020 | 58.19% | -16.81% |
| Dec 31, 2019 | 64.98% | 2.84% |
| Dec 31, 2018 | 69.86% | 9.17% |
| Dec 31, 2017 | 57.71% | 6.28% |
| Dec 31, 2016 | 62.16% | 0.38% |
| Dec 31, 2015 | 63.01% | 2.26% |
| Dec 31, 2014 | 62.98% | 9.05% |
| Dec 31, 2013 | 61.71% | 9.91% |
| Dec 31, 2012 | 60.29% | 11.09% |
| Dec 31, 2011 | 60.04% | 9.04% |
| Dec 31, 2010 | 56.36% | 8.66% |
| Dec 31, 2009 | 52.84% | 6.20% |
| Dec 31, 2008 | 56.70% | 6.34% |
| Dec 31, 2007 | 53.35% | 9.80% |
| Dec 31, 2006 | 51.51% | 10.13% |
| Dec 31, 2005 | 55.25% | 9.36% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).