TTM
74.4%
YoY change
−2.20pp
Trough year (2000)
68.5%
Peak year (1988)
126.5%
Latest annual
74.2%
Operating Margin history chart for Texas Pacific Land (TPL) from 1985 to 2025
Latest: 74.2%
Operating Margin change chart for Texas Pacific Land (TPL) from 1985 to 2025
Latest: −2.20pp
Operating Margin history table for Texas Pacific Land (TPL) from 1985 to 2025
| 2025 | 74.2% | -2.20pp | ||
| 2024 | 76.4% | -0.57pp | ||
| 2023 | 77.0% | -7.29pp | ||
| 2022 | 84.3% | +3.89pp | ||
| 2021 | 80.4% | +8.56pp | ||
| 2020 | 71.8% | -10.11pp | ||
| 2019 | 81.9% | -4.97pp | ||
| 2018 | 86.9% | -3.63pp | ||
| 2017 | 90.5% | -1.38pp | ||
| 2016 | 91.9% | -2.86pp | ||
| 2015 | 94.8% | +1.62pp | ||
| 2014 | 93.1% | +2.16pp | ||
| 2013 | 91.0% | +1.06pp | ||
| 2012 | 89.9% | -2.05pp | ||
| 2011 | 92.0% | +10.25pp | ||
| 2010 | 81.7% | +5.36pp | ||
| 2009 | 76.4% | -4.36pp | ||
| 2008 | 80.7% | +6.31pp | ||
| 2007 | 74.4% | +1.76pp | ||
| 2006 | 72.6% | -6.36pp | ||
| 2005 | 79.0% | -9.44pp | ||
| 2004 | 88.4% | +12.13pp | ||
| 2003 | 76.3% | -1.45pp | ||
| 2002 | 77.8% | +2.97pp | ||
| 2001 | 74.8% | +6.29pp | ||
| 2000 | 68.5% | -2.38pp | ||
| 1999 | 70.9% | -13.48pp | ||
| 1998 | 84.4% | +9.18pp | ||
| 1997 | 75.2% | +3.65pp | ||
| 1996 | 71.5% | -2.25pp | ||
| 1995 | 73.8% | -40.50pp | ||
| 1994 | 114.3% | -0.81pp | ||
| 1993 | 115.1% | -1.18pp | ||
| 1992 | 116.3% | -8.21pp | ||
| 1991 | 124.5% | +4.85pp | ||
| 1990 | 119.6% | -6.28pp | ||
| 1989 | 125.9% | -0.60pp | ||
| 1988 | 126.5% | +2.46pp | ||
| 1987 | 124.1% | +3.11pp | ||
| 1986 | 121.0% | +9.49pp | ||
| 1985 | 111.5% | — |
- 202574.2%-2.20pp
- 202476.4%-0.57pp
- 202377.0%-7.29pp
- 202284.3%+3.89pp
- 202180.4%+8.56pp
- 202071.8%-10.11pp
- 201981.9%-4.97pp
- 201886.9%-3.63pp
- 201790.5%-1.38pp
- 201691.9%-2.86pp
- 201594.8%+1.62pp
- 201493.1%+2.16pp
- 201391.0%+1.06pp
- 201289.9%-2.05pp
- 201192.0%+10.25pp
- 201081.7%+5.36pp
- 200976.4%-4.36pp
- 200880.7%+6.31pp
- 200774.4%+1.76pp
- 200672.6%-6.36pp
- 200579.0%-9.44pp
- 200488.4%+12.13pp
- 200376.3%-1.45pp
- 200277.8%+2.97pp
- 200174.8%+6.29pp
- 200068.5%-2.38pp
- 199970.9%-13.48pp
- 199884.4%+9.18pp
- 199775.2%+3.65pp
- 199671.5%-2.25pp
- 199573.8%-40.50pp
- 1994114.3%-0.81pp
- 1993115.1%-1.18pp
- 1992116.3%-8.21pp
- 1991124.5%+4.85pp
- 1990119.6%-6.28pp
- 1989125.9%-0.60pp
- 1988126.5%+2.46pp
- 1987124.1%+3.11pp
- 1986121.0%+9.49pp
- 1985111.5%—
Operating 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 Operating Margin at Texas Pacific Land (TPL)
According to Texas Pacific Land's latest reported financial statements, the company's latest reported operating margin is 74.4%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual operating margin for Texas Pacific Land (TPL) came in at 74.19% – contracted 2.2 percentage points year-over-year.
The highest annual operating margin of 126.53% was reported in 1988. The lowest in the available history was 68.51% in 2000.
Texas Pacific Land Operating Margin by Year
Texas Pacific Land Operating Margin 2025: 74.2%
Texas Pacific Land operating margin in 2025 was 74.19%, contracted 2.2 percentage points from 2024.
Texas Pacific Land Operating Margin 2024: 76.4%
2024's operating margin for Texas Pacific Land came in at 76.38%, contracted 0.6 percentage points from 2023.
Texas Pacific Land Operating Margin 2023: 77.0%
Texas Pacific Land posted operating margin of 76.96% in 2023, contracted 7.3 percentage points from 2022.
Texas Pacific Land Operating Margin 2022: 84.3%
In 2022, Texas Pacific Land reported operating margin of 84.25%, expanded 3.9 percentage points from 2021.
Texas Pacific Land Operating Margin 2021: 80.4%
Texas Pacific Land operating margin in 2021 was 80.36%.
See more financial history for Texas Pacific Land (TPL).
Sector peers by Operating Margin
Energy peers of Texas Pacific Land (TPL), ranked by their latest operating margin
| 38.8% | |
| 18.3% | |
| 15.8% | |
| 14.4% | |
| 9.0% | |
| 8.4% | |
| 5.0% | |
| 4.6% |
- 18.3%
- 15.8%
- 14.4%
- 8.4%
Frequently asked questions
Texas Pacific Land (TPL) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation