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Texas Pacific Land (FRA:9WY) Net Margin % : 67.87% (As of Dec. 2023)


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What is Texas Pacific Land Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Texas Pacific Land's Net Income for the three months ended in Dec. 2023 was €103.7 Mil. Texas Pacific Land's Revenue for the three months ended in Dec. 2023 was €152.8 Mil. Therefore, Texas Pacific Land's net margin for the quarter that ended in Dec. 2023 was 67.87%.

The historical rank and industry rank for Texas Pacific Land's Net Margin % or its related term are showing as below:

FRA:9WY' s Net Margin % Range Over the Past 10 Years
Min: 58.19   Med: 63.48   Max: 69.86
Current: 64.23


FRA:9WY's Net Margin % is ranked better than
95.1% of 980 companies
in the Oil & Gas industry
Industry Median: 4.135 vs FRA:9WY: 64.23

Texas Pacific Land Net Margin % Historical Data

The historical data trend for Texas Pacific Land's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Texas Pacific Land Net Margin % Chart

Texas Pacific Land Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.98 58.19 59.87 66.88 64.23

Texas Pacific Land Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.31 59.15 62.51 66.83 67.87

Competitive Comparison of Texas Pacific Land's Net Margin %

For the Oil & Gas E&P subindustry, Texas Pacific Land's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Texas Pacific Land's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Texas Pacific Land's Net Margin % distribution charts can be found below:

* The bar in red indicates where Texas Pacific Land's Net Margin % falls into.



Texas Pacific Land Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Texas Pacific Land's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=371.976/579.173
=64.23 %

Texas Pacific Land's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=103.722/152.824
=67.87 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Texas Pacific Land  (FRA:9WY) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Texas Pacific Land Net Margin % Related Terms

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Texas Pacific Land (FRA:9WY) Business Description

Traded in Other Exchanges
Address
1700 Pacific Avenue, Suite 2900, Dallas, TX, USA, 75201
Texas Pacific Land Corp is mainly engaged in sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. It operates its business in two segments including Land and Resource Management and Water Service and Operations. The Land and Resource Management segment focuses on managing its oil and gas royalty interest and surface acres located in 19 different counties. The Water Service and Operations segment includes Water Sourcing, Produced Water Gathering / Treatment / Recycling, Infrastructure Development, Produced Water Disposal, Water Tracking / Analytics / Well Testing.

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