Texas Historical Income Statement

TPL Stock

USD 1,730 214.47 14.15%

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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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.

Gross Profit Other Operating Expenses Operating Income Total Other Income Expense Net Cost Of Revenue

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.

Cost Of Revenue

Cost of Revenue is found on Texas Pacific Land income statement and represents the costs associated with goods and services Texas Pacific provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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.

	2021	2022	2023	2024 (projected)
Gross Profit	421.5M	634.5M	583.3M	612.4M
Total Revenue	451.0M	667.4M	631.6M	663.2M

Gross Profit Total Revenue

Texas Pacific income statement Correlations

	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Depreciation And Amortization	Interest Expense	Cost Of Revenue	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Selling And Marketing Expenses
Total Revenue		1.0	0.97	1.0	1.0	1.0	0.97	1.0	0.72	1.0	0.99	0.97	0.9	0.66	0.95	1.0	0.95	0.87	0.94	0.75	0.79	0.88	-0.59
Gross Profit	1.0		0.96	1.0	1.0	1.0	0.97	1.0	0.72	1.0	0.99	0.96	0.89	0.65	0.94	1.0	0.94	0.87	0.94	0.75	0.79	0.88	-0.58
Other Operating Expenses	0.97	0.96		0.95	0.94	0.95	1.0	0.95	0.81	0.95	0.94	1.0	0.93	0.73	1.0	0.95	0.97	0.85	0.86	0.7	0.75	0.91	-0.69
Operating Income	1.0	1.0	0.95		1.0	1.0	0.95	1.0	0.69	1.0	0.99	0.95	0.88	0.64	0.92	1.0	0.93	0.86	0.95	0.75	0.79	0.87	-0.55
Ebit	1.0	1.0	0.94	1.0		1.0	0.95	1.0	0.69	1.0	0.99	0.95	0.87	0.63	0.92	1.0	0.93	0.87	0.95	0.75	0.79	0.87	-0.55
Ebitda	1.0	1.0	0.95	1.0	1.0		0.96	1.0	0.69	1.0	0.99	0.95	0.88	0.65	0.93	1.0	0.93	0.87	0.95	0.75	0.79	0.88	-0.55
Total Operating Expenses	0.97	0.97	1.0	0.95	0.95	0.96		0.96	0.82	0.96	0.95	1.0	0.93	0.71	0.99	0.96	0.97	0.85	0.87	0.7	0.74	0.9	-0.7
Income Before Tax	1.0	1.0	0.95	1.0	1.0	1.0	0.96		0.72	1.0	0.99	0.95	0.88	0.63	0.93	1.0	0.93	0.86	0.94	0.74	0.78	0.87	-0.58
Total Other Income Expense Net	0.72	0.72	0.81	0.69	0.69	0.69	0.82	0.72		0.72	0.71	0.8	0.62	0.28	0.79	0.72	0.66	0.57	0.57	0.34	0.4	0.54	-0.93
Net Income	1.0	1.0	0.95	1.0	1.0	1.0	0.96	1.0	0.72		0.98	0.95	0.87	0.62	0.93	1.0	0.93	0.86	0.94	0.74	0.78	0.86	-0.58
Income Tax Expense	0.99	0.99	0.94	0.99	0.99	0.99	0.95	0.99	0.71	0.98		0.94	0.88	0.63	0.91	0.98	0.91	0.87	0.95	0.75	0.79	0.86	-0.57
Selling General Administrative	0.97	0.96	1.0	0.95	0.95	0.95	1.0	0.95	0.8	0.95	0.94		0.93	0.74	0.99	0.95	0.98	0.86	0.86	0.71	0.76	0.91	-0.68
Depreciation And Amortization	0.9	0.89	0.93	0.88	0.87	0.88	0.93	0.88	0.62	0.87	0.88	0.93		0.87	0.94	0.87	0.97	0.78	0.84	0.68	0.71	0.99	-0.5
Interest Expense	0.66	0.65	0.73	0.64	0.63	0.65	0.71	0.63	0.28	0.62	0.63	0.74	0.87		0.76	0.62	0.85	0.67	0.62	0.65	0.66	0.88	-0.2
Cost Of Revenue	0.95	0.94	1.0	0.92	0.92	0.93	0.99	0.93	0.79	0.93	0.91	0.99	0.94	0.76		0.94	0.98	0.84	0.83	0.69	0.74	0.91	-0.68
Net Income From Continuing Ops	1.0	1.0	0.95	1.0	1.0	1.0	0.96	1.0	0.72	1.0	0.98	0.95	0.87	0.62	0.94		0.93	0.86	0.94	0.74	0.78	0.86	-0.58
Non Operating Income Net Other	0.95	0.94	0.97	0.93	0.93	0.93	0.97	0.93	0.66	0.93	0.91	0.98	0.97	0.85	0.98	0.93		0.85	0.86	0.74	0.78	0.96	-0.54
Non Recurring	0.87	0.87	0.85	0.86	0.87	0.87	0.85	0.86	0.57	0.86	0.87	0.86	0.78	0.67	0.84	0.86	0.85		0.8	0.92	0.95	0.78	-0.46
Tax Provision	0.94	0.94	0.86	0.95	0.95	0.95	0.87	0.94	0.57	0.94	0.95	0.86	0.84	0.62	0.83	0.94	0.86	0.8		0.79	0.81	0.87	-0.36
Interest Income	0.75	0.75	0.7	0.75	0.75	0.75	0.7	0.74	0.34	0.74	0.75	0.71	0.68	0.65	0.69	0.74	0.74	0.92	0.79		1.0	0.74	-0.13
Net Interest Income	0.79	0.79	0.75	0.79	0.79	0.79	0.74	0.78	0.4	0.78	0.79	0.76	0.71	0.66	0.74	0.78	0.78	0.95	0.81	1.0		0.76	-0.21
Reconciled Depreciation	0.88	0.88	0.91	0.87	0.87	0.88	0.9	0.87	0.54	0.86	0.86	0.91	0.99	0.88	0.91	0.86	0.96	0.78	0.87	0.74	0.76		-0.38
Selling And Marketing Expenses	-0.59	-0.58	-0.69	-0.55	-0.55	-0.55	-0.7	-0.58	-0.93	-0.58	-0.57	-0.68	-0.5	-0.2	-0.68	-0.58	-0.54	-0.46	-0.36	-0.13	-0.21	-0.38

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Texas Pacific Account Relationship Matchups

Texas Pacific income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Revenue	490.5M	302.6M	451.0M	667.4M	631.6M	663.2M
Gross Profit	460.8M	270.0M	421.5M	634.5M	583.3M	612.4M
Other Operating Expenses	88.7M	85.3M	88.6M	105.1M	145.5M	152.8M
Operating Income	401.8M	217.3M	362.4M	562.3M	486.1M	510.4M
Ebit	401.8M	217.3M	362.4M	562.3M	486.1M	510.4M
Ebitda	410.7M	231.6M	378.7M	577.7M	500.8M	525.9M
Total Operating Expenses	59.0M	52.7M	59.1M	72.2M	97.2M	102.1M
Income Before Tax	404.5M	219.7M	363.0M	568.9M	517.6M	543.4M
Total Other Income Expense Net	2.7M	2.4M	624K	6.5M	31.5M	33.1M
Net Income	320.9M	176.0M	270.0M	446.4M	405.6M	425.9M
Income Tax Expense	83.5M	43.6M	93.0M	122.5M	111.9M	117.5M
Selling General Administrative	59.0M	52.7M	59.1M	63.5M	89.8M	94.3M
Depreciation And Amortization	8.9M	14.4M	16.3M	15.4M	14.8M	15.5M
Interest Expense	11.6M	16.8M	16.9M	6.5M	7.5M	7.9M
Cost Of Revenue	29.7M	32.6M	29.5M	32.9M	48.3M	50.7M
Net Income Applicable To Common Shares	318.7M	176.0M	270.0M	446.4M	513.3M	539.0M
Net Income From Continuing Ops	318.7M	176.0M	270.0M	446.4M	405.6M	425.9M
Tax Provision	83.5M	43.6M	93.0M	122.5M	111.9M	72.5M
Reconciled Depreciation	8.9M	14.4M	16.3M	15.4M	14.8M	11.4M

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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:

How To Invest In Texas

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Is Texas Stock a good investment?

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What is Texas Pacific's Net Worth?

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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

19.55

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.

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Texas Historical Income Statement

About Texas Income Statement Analysis

Texas Pacific Income Statement Chart

Gross Profit

Other Operating Expenses

Operating Income

Cost Of Revenue

Texas Pacific income statement Correlations

Texas Pacific Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Texas Pacific income statement Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Gross Profit	+ 1.0	Total Revenue
Operating Income	+ 1.0	Total Revenue
Ebit	+ 1.0	Total Revenue
Ebitda	+ 1.0	Total Revenue
Income Before Tax	+ 1.0	Total Revenue
Net Income	+ 1.0	Total Revenue

Selling And Marketing Expenses	- 0.93	Total Other Income Expense Net
Selling And Marketing Expenses	- 0.7	Total Operating Expenses
Selling And Marketing Expenses	- 0.69	Other Operating Expenses
Selling And Marketing Expenses	- 0.68	Cost Of Revenue
Selling And Marketing Expenses	- 0.68	Selling General Administrative
Selling And Marketing Expenses	- 0.59	Total Revenue