Texas Pacific Land Trust (TPL)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 453,960 | 448,710 | 447,690 | 433,494 | 405,645 | 392,266 | 416,529 | 435,030 | 446,362 | 425,676 | 379,676 | 317,828 | 269,980 | 235,726 |
| Revenue (ttm) | US$ in thousands | 705,823 | 686,696 | 671,100 | 659,375 | 631,595 | 617,644 | 650,788 | 666,449 | 667,422 | 661,894 | 594,476 | 514,138 | 450,958 | 378,084 |
| Net profit margin | 64.32% | 65.34% | 66.71% | 65.74% | 64.23% | 63.51% | 64.00% | 65.28% | 66.88% | 64.31% | 63.87% | 61.82% | 59.87% | 62.35% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $453,960K ÷ $705,823K
= 64.32%
The net profit margin of Texas Pacific Land Trust has been relatively stable and consistently high over the period analyzed.
The trend shows a gradual increase from 62.35% in September 2021 to a peak of 66.88% in December 2022, indicating strong profitability. There was a slight dip in the following quarters but generally remained above 60%, demonstrating efficient cost management and revenue generation.
The net profit margin then fluctuated between 63% and 66% until December 2024. The consistent high net profit margin suggests that the company effectively controls its expenses relative to its revenue, resulting in a significant portion of revenue translating into profit.
Overall, the net profit margin for Texas Pacific Land Trust remained robust and indicates the company's ability to generate profits from its operations, which is a positive signal for investors and stakeholders.