Texas Pacific Land Corp Annual Return On Equity in % from 2020 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Texas Pacific Land Corp quarterly/annual Return On Equity history and growth rate from 2020 to 2023.
  • Texas Pacific Land Corp Return On Equity for the quarter ending September 30, 2024 was 40.6 %, a 10.7% decline year-over-year.
  • Texas Pacific Land Corp annual Return On Equity for 2023 was 43.6 %, a 30% decline from 2022.
  • Texas Pacific Land Corp annual Return On Equity for 2022 was 62.3 %, a 33.4% increase from 2021.
  • Texas Pacific Land Corp annual Return On Equity for 2021 was 46.7 %, a 27.4% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 43.6 -18.7 -30% Jan 1, 2023 Dec 31, 2023
2022 62.3 +15.6 +33.4% Jan 1, 2022 Dec 31, 2022
2021 46.7 +10.1 +27.4% Jan 1, 2021 Dec 31, 2021
2020 36.6 Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.