Texas Pacific Land Corp Annual Operating Margin in % from 2018 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Texas Pacific Land Corp quarterly/annual Operating Margin history and growth rate from 2018 to 2023.
  • Texas Pacific Land Corp Operating Margin for the quarter ending June 30, 2024 was 79 %, a 0.5% increase year-over-year.
  • Texas Pacific Land Corp annual Operating Margin for 2023 was 77 %, a 8.65% decline from 2022.
  • Texas Pacific Land Corp annual Operating Margin for 2022 was 84.3 %, a 4.84% increase from 2021.
  • Texas Pacific Land Corp annual Operating Margin for 2021 was 80.4 %, a 11.9% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 77 -7.29 -8.65% Jan 1, 2023 Dec 31, 2023
2022 84.3 +3.89 +4.84% Jan 1, 2022 Dec 31, 2022
2021 80.4 +8.55 +11.9% Jan 1, 2021 Dec 31, 2021
2020 71.8 -9.66 -11.9% Jan 1, 2020 Dec 31, 2020
2019 81.5 -5.42 -6.24% Jan 1, 2019 Dec 31, 2019
2018 86.9 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.