Texas Income Quality from 2010 to 2024

TPL Stock  USD 1,199  2.11  0.18%   
Texas Pacific Income Quality yearly trend continues to be quite stable with very little volatility. Income Quality may rise above 1.19 this year. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
1.03116765
Current Value
1.19
Quarterly Volatility
0.14796325
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Texas Pacific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Texas Pacific's main balance sheet or income statement drivers, such as Total Revenue of 663.2 M, Gross Profit of 612.4 M or Other Operating Expenses of 152.8 M, as well as many indicators such as Price To Sales Ratio of 13.18, Dividend Yield of 0.0123 or PTB Ratio of 12.12. Texas financial statements analysis is a perfect complement when working with Texas Pacific Valuation or Volatility modules.
  
Check out the analysis of Texas Pacific Correlation against competitors.

Latest Texas Pacific's Income Quality Growth Pattern

Below is the plot of the Income Quality of Texas Pacific Land over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Texas Pacific's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Texas Pacific's overall financial position and show how it may be relating to other accounts over time.
Income Quality10 Years Trend
Slightly volatile
   Income Quality   
       Timeline  

Texas Income Quality Regression Statistics

Arithmetic Mean1.11
Geometric Mean1.10
Coefficient Of Variation13.35
Mean Deviation0.10
Median1.10
Standard Deviation0.15
Sample Variance0.02
Range0.622
R-Value(0.39)
Mean Square Error0.02
R-Squared0.15
Significance0.15
Slope(0.01)
Total Sum of Squares0.31

Texas Income Quality History

2024 1.19
2023 1.03
2022 1.0
2021 0.98
2020 1.18
2019 1.08
2018 0.91

About Texas Pacific Financial Statements

Texas Pacific investors utilize fundamental indicators, such as Income Quality, to predict how Texas Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Quality 1.03  1.19 

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

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 the analysis of Texas Pacific Correlation against competitors.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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
19.51
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.