Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 32.37% is 22% below its 5-year average of 41.24%, near the low end of its 5-year range (32.37%–57.75%).
11.42% below its 12-month average of 36.55%.
Annual fiscal-year return on equity; no daily interpolation.
RETURN ON EQUITY (ROE)
32.37%
RETURN ON EQUITY (ROE) AVG TTM
36.55%
RETURN ON EQUITY (ROE) AVG 3Y
42.43%
RETURN ON EQUITY (ROE) AVG 5Y
41.24%
RETURN ON EQUITY (ROE) AVG 10Y
61.77%
RETURN ON EQUITY (ROE) AVG 15Y
78.09%
RETURN ON EQUITY (ROE) AVG 20Y
68.86%
CURRENT VS TTM AVG
-11.42%
CURRENT VS 3Y AVG
-23.71%
CURRENT VS 5Y AVG
-21.51%
CURRENT VS 10Y AVG
-47.60%
CURRENT VS 15Y AVG
-58.55%
CURRENT VS 20Y AVG
-52.99%
SECTOR MEDIAN · ENERGY
15.05%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+115.01%
vs the sector median at left
Texas Pacific Land Corporation
Market Cap
$23.77B
Return on Equity (ROE)
32.37%
TTM Avg
36.55%
3Y Avg
42.43%
5Y Avg
41.24%
Market Cap
$22.39B
Return on Equity (ROE)
14.33%
TTM Avg
2.86%
3Y Avg
20.59%
5Y Avg
62.70%
Market Cap
$28.01B
Return on Equity (ROE)
14.55%
TTM Avg
18.04%
3Y Avg
20.99%
5Y Avg
7.74%
Market Cap
$28.48B
Return on Equity (ROE)
11.50%
TTM Avg
11.96%
3Y Avg
16.38%
5Y Avg
11.52%
Market Cap
$31.44B
Return on Equity (ROE)
7.86%
TTM Avg
18.48%
3Y Avg
30.47%
5Y Avg
9.89%
Market Cap
$14.27B
Return on Equity (ROE)
23.75%
TTM Avg
19.38%
3Y Avg
253.71%
5Y Avg
205.93%
Market Cap
$33.44B
Return on Equity (ROE)
41.72%
TTM Avg
46.63%
3Y Avg
-182.03%
5Y Avg
-145.62%
Market Cap
$33.76B
Return on Equity (ROE)
11.28%
TTM Avg
4.86%
3Y Avg
9.33%
5Y Avg
2.58%
Market Cap
$10.55B
Return on Equity (ROE)
20.55%
TTM Avg
19.95%
3Y Avg
18.02%
5Y Avg
13.58%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Texas Pacific Land Corporation (TPL) | $23.77B | 32.37% | 36.55% | 42.43% | 41.24% |
| Expand Energy Corporation (EXE)vs › | $22.39B | 14.33% | 2.86% | 20.59% | 62.70% |
| Halliburton Company (HAL)vs › | $28.01B | 14.55% | 18.04% | 20.99% | 7.74% |
| Tenaris S.A. (TS)vs › | $28.48B | 11.50% | 11.96% | 16.38% | 11.52% |
| Devon Energy Corporation (DVN)vs › | $31.44B | 7.86% | 18.48% | 30.47% | 9.89% |
| APA Corporation (APA)vs › | $14.27B | 23.75% | 19.38% | 253.71% | 205.93% |
| Venture Global, Inc. (VG)vs › | $33.44B | 41.72% | 46.63% | -182.03% | -145.62% |
| EQT Corporation (EQT)vs › | $33.76B | 11.28% | 4.86% | 9.33% | 2.58% |
| Antero Midstream Corporation (AM)vs › | $10.55B | 20.55% | 19.95% | 18.02% | 13.58% |
| Weatherford International plc (WFRD)vs › | $6.69B | 20.46% | 32.40% | 28.70% | -32.06% |
ROE
32.4%
ROA
29.1%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2025-12-31 | 33.00% |
| 2024-12-31 | 40.09% |
| 2023-12-31 | 38.88% |
| 2022-12-31 | 57.75% |
| 2021-12-31 | 41.43% |
| 2020-12-31 | 36.28% |
| 2019-12-31 | 62.23% |
| 2018-12-31 | 85.71% |
| 2017-12-31 | 96.42% |
| 2016-12-31 | 78.19% |
| 2015-12-31 | 109.52% |
| 2014-12-31 | 130.11% |
| 2013-12-31 | 151.81% |
| 2012-12-31 | 125.98% |
| 2011-12-31 | 100.23% |
| 2010-12-31 | 61.79% |
| 2009-12-31 | 35.09% |
| 2008-12-31 | 46.50% |
| 2007-12-31 | 33.15% |
| 2006-12-31 | 47.34% |
| 2005-12-31 | 34.58% |
| 2004-12-31 | 76.69% |
| 2003-12-31 | 38.10% |
| 2002-12-31 | 35.05% |
| 2001-12-31 | 52.18% |
| 2000-12-31 | 33.35% |
| 1999-12-31 | 25.01% |
| 1998-12-31 | 44.23% |
| 1997-12-31 | 54.88% |
| 1996-12-31 | 42.11% |
