Return On Equity ratio Analysis of Texas Pacific Land Trust - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Good ROE
37.60
Period Ending - Dec-22
Excellent ROE
57.75
Growth
-34.89 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Good ROE
44.72
Most recent Quarter ROE
Period Ending - Mar-24
Very Good ROE
10.19
ROE Analysis of Texas Pacific Land Trust
| ROE Ratio of Texas Pacific Land Trust with value of 44.72 means its generates profits efficiently by using its Shareholders Fund. |
| ROE Ratio of TPL drastically fell by -34.89 % this year. |
| ROE Ratio with value of 62.23 was highest in Year Dec-19 in last Five Years. |
| ROE Ratio with value of 36.28 was lowest in Year Dec-20 in last Five Years. |
| Latest ROE Ratio with value of 37.60 is lower than Average ROE of 47.06 in last five years. |
Other ROE Related Info of TPL that may interest you.
Texas Pacific Land Trust Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| TPL | 614.31 | 614.54 | 0.0374 % | Oil & Gas E&P |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Good Profitability | |
FY - Historical Return On Equity of Texas Pacific Land Trust
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 37.60 | 57.75 | 41.43 | 36.28 | 62.23 | 85.71 | 96.42 |
| Change | -34.89 % | 39.41 % | 14.17 % | -41.70 % | -27.39 % | -11.11 % | 23.31 % |
FY Chart of Return On Equity of Texas Pacific Land Trust
Note : All Data Generated at the End of Trading Hours (EOD Data)