Texas Historical Income Statement

TPL Stock  USD 1,637  64.92  4.13%   
Historical analysis of Texas Pacific income statement accounts such as EBIT of 510.4 M, Ebitda of 525.9 M, Total Operating Expenses of 102.1 M or Income Before Tax of 543.4 M can show how well Texas Pacific Land performed in making a profits. Evaluating Texas Pacific income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Texas Pacific's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Texas Pacific Land latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Texas Pacific Land is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Pacific Land. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

About Texas Income Statement Analysis

Texas Pacific Land Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Texas Pacific shareholders. The income statement also shows Texas investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Texas Pacific Income Statement Chart

At this time, Texas Pacific's EBITDA is quite stable compared to the past year. Total Operating Expenses is expected to rise to about 102.1 M this year, although the value of Interest Income will most likely fall to about 51.5 K.

Total Revenue

Total revenue comprises all receipts Texas Pacific Land generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Texas Pacific Land. It is also known as Texas Pacific overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Texas Pacific Land operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Texas Pacific Land is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most accounts from Texas Pacific's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Texas Pacific Land current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Pacific Land. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, Texas Pacific's EBITDA is quite stable compared to the past year. Total Operating Expenses is expected to rise to about 102.1 M this year, although the value of Interest Income will most likely fall to about 51.5 K.
 2021 2022 2023 2024 (projected)
Gross Profit421.5M634.5M583.3M612.4M
Total Revenue451.0M667.4M631.6M663.2M

Texas Pacific income statement Correlations

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Click cells to compare fundamentals

Texas Pacific Account Relationship Matchups

Texas Pacific income statement Accounts

201920202021202220232024 (projected)
Total Revenue490.5M302.6M451.0M667.4M631.6M663.2M
Gross Profit460.8M270.0M421.5M634.5M583.3M612.4M
Other Operating Expenses88.7M85.3M88.6M105.1M145.5M152.8M
Operating Income401.8M217.3M362.4M562.3M486.1M510.4M
Ebit401.8M217.3M362.4M562.3M486.1M510.4M
Ebitda410.7M231.6M378.7M577.7M500.8M525.9M
Total Operating Expenses59.0M52.7M59.1M72.2M97.2M102.1M
Income Before Tax404.5M219.7M363.0M568.9M517.6M543.4M
Total Other Income Expense Net2.7M2.4M624K6.5M31.5M33.1M
Net Income320.9M176.0M270.0M446.4M405.6M425.9M
Income Tax Expense83.5M43.6M93.0M122.5M111.9M117.5M
Selling General Administrative59.0M52.7M59.1M63.5M89.8M94.3M
Depreciation And Amortization8.9M14.4M16.3M15.4M14.8M15.5M
Interest Expense11.6M16.8M16.9M6.5M7.5M7.9M
Cost Of Revenue29.7M32.6M29.5M32.9M48.3M50.7M
Net Income Applicable To Common Shares318.7M176.0M270.0M446.4M513.3M539.0M
Net Income From Continuing Ops318.7M176.0M270.0M446.4M405.6M425.9M
Tax Provision83.5M43.6M93.0M122.5M111.9M72.5M
Reconciled Depreciation8.9M14.4M16.3M15.4M14.8M11.4M

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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 World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Pacific Land. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Commodity Directory module to find actively traded commodities issued by 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.