Texas Pacific Land Trust (TPL)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 453,960 | 405,645 | 446,362 | 269,980 | 176,049 |
| Revenue | US$ in thousands | 705,823 | 631,595 | 667,422 | 450,958 | 302,554 |
| Net profit margin | 64.32% | 64.23% | 66.88% | 59.87% | 58.19% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $453,960K ÷ $705,823K
= 64.32%
The net profit margin of Texas Pacific Land Trust has shown a consistent increase from 58.19% as of December 31, 2020, to 59.87% as of December 31, 2021, further expanding to 66.88% as of December 31, 2022. However, there was a slight dip in the net profit margin to 64.23% as of December 31, 2023, before recovering to 64.32% as of December 31, 2024.
This trend generally indicates that the company has been effectively managing its expenses relative to its revenue, resulting in a higher proportion of profit retained from its operations over time. Overall, the consistent and relatively high net profit margins demonstrate the company's efficient profitability and financial health.