Texas Gross Profit from 2010 to 2024

TPL Stock  USD 1,637  64.92  4.13%   
Texas Pacific Gross Profit yearly trend continues to be quite stable with very little volatility. Gross Profit may rise above about 612.4 M this year. Gross Profit is the profit Texas Pacific Land makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-09-30
Previous Quarter
153.4 M
Current Value
161.8 M
Quarterly Volatility
45.7 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Texas Pacific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Texas Pacific's main balance sheet or income statement drivers, such as Total Revenue of 663.2 M, Gross Profit of 612.4 M or Other Operating Expenses of 152.8 M, as well as many indicators such as Price To Sales Ratio of 22.1, Dividend Yield of 0.0072 or PTB Ratio of 13.49. Texas financial statements analysis is a perfect complement when working with Texas Pacific Valuation or Volatility modules.
  
Check out the analysis of Texas Pacific Correlation against competitors.

Latest Texas Pacific's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Texas Pacific Land over the last few years. Gross profit is a required income statement account that reflects total revenue of Texas Pacific Land minus its cost of goods sold. It is profit before Texas Pacific operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Texas Pacific's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Texas Pacific's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 649.9 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Texas Gross Profit Regression Statistics

Arithmetic Mean247,805,582
Geometric Mean132,578,271
Coefficient Of Variation95.02
Mean Deviation204,569,137
Median131,462,000
Standard Deviation235,458,994
Sample Variance55440.9T
Range622.3M
R-Value0.93
Mean Square Error8489.9T
R-Squared0.86
Slope48,763,432
Total Sum of Squares776173.1T

Texas Gross Profit History

2024612.4 M
2023583.3 M
2022634.5 M
2021421.5 M
2020270 M
2019460.8 M
2018286.5 M

Other Fundumenentals of Texas Pacific Land

Texas Pacific Gross Profit component correlations

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Click cells to compare fundamentals

About Texas Pacific Financial Statements

Texas Pacific investors utilize fundamental indicators, such as Gross Profit, to predict how Texas Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit583.3 M612.4 M
Gross Profit Margin 0.92  1.07 

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When determining whether Texas Pacific Land is a strong investment it is important to analyze Texas Pacific's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Texas Pacific's future performance. For an informed investment choice regarding Texas Stock, refer to the following important reports:
Check out the analysis of Texas Pacific Correlation against competitors.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Texas Pacific. If investors know Texas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Texas Pacific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.011
Dividend Share
4.603
Earnings Share
19.48
Revenue Per Share
29.861
Quarterly Revenue Growth
0.099
The market value of Texas Pacific Land is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Pacific's value that differs from its market value or its book value, called intrinsic value, which is Texas Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Texas Pacific's market value can be influenced by many factors that don't directly affect Texas Pacific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Texas Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Pacific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.