Return On Equity	(Dec 31 2025) 2025	(Dec 31 2024) 2024	(Dec 31 2023) 2023	(Dec 31 2022) 2022	(Dec 31 2021) 2021
Y / Y Equity Change	28.83 %	8.56 %	34.97 %	18.59 %	34.32 %
Y / Y Net Income Change	6.04 %	11.91 %	-9.12 %	65.33 %	53.36 %
Return On Equity	33 %	40.09 %	38.88 %	57.75 %	41.43 %

TPL all Ratios >> Back to TPL Management Effectiveness >> See Quarterly TPL Return On Equity

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Roe Comment

In (Dec 31 2025) ROE detoriated to 33 %, despite net income growth.

Financial Statements
Texas Pacific Land's Equity	$ 1,459 Millions	Annual TPL's Balance sheet
Texas Pacific Land's Annual Income	$ 481 Millions	Annual TPL's Income Statement
Where are TPL's Income coming from?		Visit TPL's Income by Segment

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