Texas Pacific Land Corp Annual Return On Assets in % from 2021 to 2023

Taxonomy & unit
ratio: %
Description
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.
Summary
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 September 30, 2024 was 36.6 %, a 8.78% 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 (%)
Period Value YoY Chg Change % Start Date End Date
2023 38.7 -15 -27.9% Jan 1, 2023 Dec 31, 2023
2022 53.7 +13.8 +34.5% Jan 1, 2022 Dec 31, 2022
2021 39.9 Jan 1, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.