Texas Pacific Land
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Texas Pacific Land's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 5% to $631,595,000. Profit margin reached 64%. Total operating expenses were $97,219,000.
Profit Margin
| 2014 | 55.20M | 34.76M | 62.98% |
|---|---|---|---|
| 2015 | 79.41M | 50.03M | 63.01% |
| 2016 | 59.91M | 37.23M | 62.16% |
| 2017 | 132.32M | 76.36M | 57.71% |
| 2018 | 300.22M | 209.73M | 69.86% |
| 2019 | 490.49M | 320.92M | 65.43% |
| 2020 | 302.55M | 176.04M | 58.19% |
| 2021 | 450.95M | 269.98M | 59.87% |
| 2022 | 667.42M | 446.36M | 66.88% |
| 2023 | 631.59M | 405.64M | 64.23% |
TPL Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 631.59M | 667.42M | 450.95M | 302.55M | 490.49M | 300.22M | 132.32M | 59.91M | 79.41M | 55.20M |
Cost of revenue | 48.32M | 32.89M | 29.49M | 32.60M | 29.71M | 13.75M | 867K | 43.29K | 35.83K | 19.73K |
Gross profit | 583.27M | 634.52M | 421.46M | 269.95M | 460.78M | 286.46M | 131.46M | 59.86M | 79.37M | 55.18M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 97.21M | 72.22M | 59.07M | 52.70M | 59.00M | 25.63M | 11.68M | 4.81M | 4.12M | 3.76M |
Operating income | 486.05M | 562.30M | 362.39M | 217.25M | 401.77M | 260.83M | 119.77M | 55.05M | 75.25M | 51.41M |
Other income (expenses), net | 31.50M | 6.54M | 624K | 2.40M | 2.68M | 916K | 114K | 29.07K | 27.44K | 14.52K |
Income before tax | 517.56M | 568.85M | 363.01M | 219.66M | 404.45M | 261.75M | 119.86M | 55.08M | 75.28M | 51.43M |
Income tax expense | 111.91M | 122.49M | 93.03M | 43.61M | 83.52M | 52.01M | 43.49M | 17.84M | 25.24M | 16.66M |
Net income | 405.64M | 446.36M | 269.98M | 176.04M | 320.92M | 209.73M | 76.36M | 37.23M | 50.03M | 34.76M |
Earnings per share | ||||||||||
Basic EPS | 17.6 | 19.27 | 11.61 | 7.56 | 13.7 | 26.93 | 3.24 | 5.29 | 2.03 | 1.38 |
Diluted EPS | 17.59 | 19.27 | 11.61 | 7.56 | 13.7 | 26.93 | 3.24 | 5.29 | 2.03 | 1.38 |
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