Texas Pacific Land Trust (TPL)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|
| Net income | US$ in thousands | 405,645 | 446,362 | 269,980 | 176,049 |
| Revenue | US$ in thousands | 631,595 | 667,422 | 450,958 | 302,554 |
| Net profit margin | 64.23% | 66.88% | 59.87% | 58.19% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $405,645K ÷ $631,595K
= 64.23%
The net profit margin of Texas Pacific Land Trust has shown a fluctuating trend over the past four years, with a peak of 66.88% in December 2022, followed by a slight decrease to 64.23% in December 2023. Despite the fluctuations, the company has consistently maintained a high net profit margin above 58% in the analyzed period, indicating efficient cost management and strong profitability. It is important to further investigate the factors influencing these fluctuations to assess the sustainability and effectiveness of the company's profitability over time.