TTM
97.7%
YoY change
−2.45pp
Trough year (2020)
89.2%
Peak year (2014)
100.0%
Latest annual
89.9%
Gross Margin history chart for Texas Pacific Land (TPL) from 2012 to 2024
Latest: 89.9%
Gross Margin change chart for Texas Pacific Land (TPL) from 2012 to 2024
Latest: −2.45pp
Gross Margin history table for Texas Pacific Land (TPL) from 2012 to 2024
| 2024 | 89.9% | -2.45pp | ||
| 2023 | 92.3% | -2.72pp | ||
| 2022 | 95.1% | +1.61pp | ||
| 2021 | 93.5% | +4.24pp | ||
| 2020 | 89.2% | -4.72pp | ||
| 2019 | 93.9% | -1.48pp | ||
| 2018 | 95.4% | -3.93pp | ||
| 2017 | 99.3% | -0.58pp | ||
| 2016 | 99.9% | -0.03pp | ||
| 2015 | 100.0% | -0.01pp | ||
| 2014 | 100.0% | +0.00pp | ||
| 2013 | 100.0% | +0.01pp | ||
| 2012 | 99.9% | — |
- 202489.9%-2.45pp
- 202392.3%-2.72pp
- 202295.1%+1.61pp
- 202193.5%+4.24pp
- 202089.2%-4.72pp
- 201993.9%-1.48pp
- 201895.4%-3.93pp
- 201799.3%-0.58pp
- 201699.9%-0.03pp
- 2015100.0%-0.01pp
- 2014100.0%+0.00pp
- 2013100.0%+0.01pp
- 201299.9%—
Gross Margin values are taken from Texas Pacific Land's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Texas Pacific Land (TPL)
According to Texas Pacific Land's latest reported financial statements, the company's latest reported gross margin is 97.7%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Texas Pacific Land (TPL) most recent annual gross margin stands at 89.90% (2024) – contracted 2.4 percentage points year-over-year.
The highest annual gross margin of 99.96% was reported in 2014. The lowest in the available history was 89.22% in 2020.
Texas Pacific Land Gross Margin by Year
Texas Pacific Land Gross Margin 2024: 89.9%
Texas Pacific Land gross margin in 2024 was 89.90%, contracted 2.4 percentage points from 2023.
Texas Pacific Land Gross Margin 2023: 92.3%
2023's gross margin for Texas Pacific Land came in at 92.35%, contracted 2.7 percentage points from 2022.
Texas Pacific Land Gross Margin 2022: 95.1%
Texas Pacific Land posted gross margin of 95.07% in 2022, expanded 1.6 percentage points from 2021.
Texas Pacific Land Gross Margin 2021: 93.5%
In 2021, Texas Pacific Land reported gross margin of 93.46%, expanded 4.2 percentage points from 2020.
Texas Pacific Land Gross Margin 2020: 89.2%
Texas Pacific Land gross margin in 2020 was 89.22%.
See more financial history for Texas Pacific Land (TPL).
Sector peers by Gross Margin
Energy peers of Texas Pacific Land (TPL), ranked by their latest gross margin
| 62.8% | |
| 30.7% | |
| 29.2% | |
| 25.5% | |
| 25.4% | |
| 17.3% | |
| 8.8% | |
| 7.2% |
- 30.7%
- 29.2%
- 25.5%
- 25.4%
- 17.3%
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