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Taxonomy & unit
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ratio: %
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Description
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Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
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Summary
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Texas Pacific Land Corp quarterly/annual Return On Assets history and growth rate from 2021 to 2023.
- Texas Pacific Land Corp Return On Assets for the quarter ending June 30, 2024 was 37.2 %, a 18.2% decline year-over-year.
- Texas Pacific Land Corp annual Return On Assets for 2023 was 38.7 %, a 27.9% decline from 2022.
- Texas Pacific Land Corp annual Return On Assets for 2022 was 53.7 %, a 34.5% increase from 2021.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)