Earnings Summary

Texas Pacific Land Trust’s revenue jumped 18.98% since last year same period to $174.14Mn in the Q1 2024. On a quarterly growth basis, Texas Pacific Land Trust has generated 4.49% jump in its revenue since last 3-months.

Texas Pacific Land Trust’s net profit jumped 32.17% since last year same period to $114.42Mn in the Q1 2024. On a quarterly growth basis, Texas Pacific Land Trust has generated 1.16% jump in its net profits since last 3-months.

Texas Pacific Land Trust’s net profit margin jumped 11.09% since last year same period to 65.7% in the Q1 2024. On a quarterly growth basis, Texas Pacific Land Trust has generated -3.19% fall in its net profit margins since last 3-months.

Texas Pacific Land Trust’s price-to-earnings ratio after this Q1 2024 earnings stands at 42.18.

Texas Pacific Land Trust’s earning per share (EPS) estimates for the current quarter stand at 5.36 - a 11.2% jump from last quarter’s estimates.

Texas Pacific Land Trust’s earning per share (EPS) estimates for the current year stand at 5.36.

Texas Pacific Land Trust’s earning per share (EPS) fell -55.82% since last year same period to 4.97 in the Q1 2024. This indicates that the Texas Pacific Land Trust has generated -55.82% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Texas Pacific Land Trust’s return on assets (ROA) stands at 0.29.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Texas Pacific Land Trust’s return on equity (ROE) stands at 0.44.

Texas Pacific Land Trust declared 3.25 dividend per share during the earnings announcement for Q1 2024.