Texas Pacific Land Return on Equity (ROE) Growth & History (TPL)
Texas Pacific Land's return on equity was 37.15% for fiscal 2025.
View full Texas Pacific Land company overviewTexas Pacific Land annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 37.15% | −4.58 pp |
| 2024 | 2024-12-31 | 41.73% | −2.94 pp |
| 2023 | 2023-12-31 | 44.67% | −17.99 pp |
| 2022 | 2022-12-31 | 62.66% | +15.17 pp |
| 2021 | 2021-12-31 | 47.49% | +12.19 pp |
| 2020 | 2020-12-31 | 35.30% | −48.92 pp |
| 2019 | 2019-12-31 | 84.23% | — |
Texas Pacific Land quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 9.54% | +0.23 pp |
| Q1 2026 | 2026-03-31 | 9.48% | −0.84 pp |
| Q4 2025 | 2025-12-31 | 8.73% | −2.11 pp |
| Q3 2025 | 2025-09-30 | 9.13% | −0.31 pp |
| Q2 2025 | 2025-06-30 | 9.31% | −0.53 pp |
| Q1 2025 | 2025-03-31 | 10.32% | −0.25 pp |
| Q4 2024 | 2024-12-31 | 10.84% | −0.43 pp |
| Q3 2024 | 2024-09-30 | 9.44% | −1.96 pp |
| Q2 2024 | 2024-06-30 | 9.84% | −1.86 pp |
| Q1 2024 | 2024-03-31 | 10.57% | −0.24 pp |
| Q4 2023 | 2023-12-31 | 11.27% | −2.08 pp |
| Q3 2023 | 2023-09-30 | 11.40% | −7.60 pp |
| Q2 2023 | 2023-06-30 | 11.70% | −5.62 pp |
| Q1 2023 | 2023-03-31 | 10.81% | −3.38 pp |
| Q4 2022 | 2022-12-31 | 13.35% | +0.73 pp |
| Q3 2022 | 2022-09-30 | 19.00% | +4.40 pp |
| Q2 2022 | 2022-06-30 | 17.32% | +6.56 pp |
| Q1 2022 | 2022-03-31 | 14.19% | +4.17 pp |
| Q4 2021 | 2021-12-31 | 12.62% | +3.64 pp |
| Q3 2021 | 2021-09-30 | 14.60% | — |
| Q2 2021 | 2021-06-30 | 10.75% | — |
| Q1 2021 | 2021-03-31 | 10.02% | — |
| Q4 2020 | 2020-12-31 | 8.98% | — |
Texas Pacific Land return on equity trends
Over the last five fiscal years, Texas Pacific Land's return on equity increased from 35.30% to 37.15%, a change of +1.85 percentage points. The latest reported quarter, Q2 2026, shows 9.54%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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