Texas Pacific Land Trust (TPL)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 539,138 | 530,457 | 530,084 | 517,142 | 486,053 | 476,421 | 511,518 | 542,946 | 562,307 | 563,937 | 505,122 | 424,684 | 362,393 | 291,764 |
| 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 |
| Operating profit margin | 76.38% | 77.25% | 78.99% | 78.43% | 76.96% | 77.14% | 78.60% | 81.47% | 84.25% | 85.20% | 84.97% | 82.60% | 80.36% | 77.17% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $539,138K ÷ $705,823K
= 76.38%
The operating profit margin of Texas Pacific Land Trust has shown a fluctuating trend over the reported periods. Starting at a strong level of 77.17% in September 2021, the margin gradually increased to reach its peak at 85.20% in September 2022. However, the margin declined thereafter, dropping to 76.38% by December 2024.
Overall, the operating profit margin demonstrates the efficiency of the company in generating profits from its core operations. The downward trend in the latter periods may indicate challenges or changes in the company's profitability drivers that should be further investigated to maintain sustainable financial performance.
See also:
Texas Pacific Land Trust Operating Profit Margin (Quarterly Data)