Return on Invested Capital (ROIC): 30.12%
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of 30.12% is 20% below its 5-year average of 37.62%, near the low end of its 5-year range (30.12%–53.77%).
As of Sunday, June 28, 2026. 8.34% below its 12-month average of 32.86%.
TPL Return on Invested Capital (ROIC) Chart
Annual fiscal-year return on invested capital; no daily interpolation.
TPL Average Return on Invested Capital (ROIC) Chart
TPL Current vs Average Return on Invested Capital (ROIC) Chart
TPL Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
30.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
32.86%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
38.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
37.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
53.66%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
66.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
56.30%
CURRENT VS TTM AVG
-8.34%
CURRENT VS 3Y AVG
-21.93%
CURRENT VS 5Y AVG
-19.94%
CURRENT VS 10Y AVG
-43.87%
CURRENT VS 15Y AVG
-55.04%
CURRENT VS 20Y AVG
-46.50%
TPL Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Texas Pacific Land Corporation (TPL) | $27.30B | 30.12% | 32.86% | 38.58% | 37.62% |
| Halliburton Company (HAL)vs › | $28.58B | 8.38% | 11.54% | 12.77% | 8.00% |
| First Solar, Inc. (FSLR)vs › | $25.69B | 14.42% | 13.43% | 9.38% | 8.29% |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 8.00% | 6.80% | 10.87% | 9.26% |
| Tenaris S.A. (TS)vs › | $30.06B | 10.12% | 10.43% | 14.13% | 9.32% |
| EQT Corporation (EQT)vs › | $32.96B | 6.18% | 3.92% | 6.66% | 2.88% |
| Expand Energy Corporation (EXE)vs › | $21.16B | 6.38% | 1.84% | 12.91% | -13.44% |
| APA Corporation (APA)vs › | $11.67B | 9.96% | 12.00% | 21.17% | 17.07% |
| Antero Midstream Corporation (AM)vs › | $11.01B | 8.18% | 8.25% | 7.88% | 6.27% |
| Cameco Corporation (CCJ)vs › | $45.51B | 4.77% | 4.28% | 2.75% | 1.34% |
Capital Efficiency
ROIC
30.1%
ROE
32.4%
Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Texas Pacific Land Corporation (TPL)?
- The return on invested capital (ROIC) for TPL stock is 30.12%.
- Is Texas Pacific Land Corporation's return on invested capital (ROIC) high or low?
- The return on invested capital (ROIC) of 30.12% is 20% below its 5-year average of 37.62%, near the low end of its 5-year range (30.12%–53.77%).
- What is the TTM average return on invested capital (ROIC) for Texas Pacific Land Corporation (TPL)?
- The TTM average return on invested capital (ROIC) for TPL stock is 32.86%.
- What is the 3Y average return on invested capital (ROIC) for Texas Pacific Land Corporation (TPL)?
- The 3Y average return on invested capital (ROIC) for TPL stock is 38.58%.
- What is the 5Y average return on invested capital (ROIC) for Texas Pacific Land Corporation (TPL)?
- The 5Y average return on invested capital (ROIC) for TPL stock is 37.62%.
- What is the 10Y average return on invested capital (ROIC) for Texas Pacific Land Corporation (TPL)?
- The 10Y average return on invested capital (ROIC) for TPL stock is 53.66%.
- What is the 15Y average return on invested capital (ROIC) for Texas Pacific Land Corporation (TPL)?
- The 15Y average return on invested capital (ROIC) for TPL stock is 66.99%.
- What is the 20Y average return on invested capital (ROIC) for Texas Pacific Land Corporation (TPL)?
- The 20Y average return on invested capital (ROIC) for TPL stock is 56.30%.
TPL Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 30.12% |
| 2024-12-31 | 35.60% |
| 2023-12-31 | 34.84% |
| 2022-12-31 | 53.77% |
| 2021-12-31 | 38.69% |
| 2020-12-31 | 32.72% |
| 2019-12-31 | 55.49% |
| 2018-12-31 | 76.57% |
| 2017-12-31 | 67.19% |
| 2016-12-31 | 62.66% |
| 2015-12-31 | 102.58% |
| 2014-12-31 | 109.61% |
| 2013-12-31 | 129.69% |
| 2012-12-31 | 99.36% |
| 2011-12-31 | 82.74% |
| 2010-12-31 | 60.26% |
| 2009-12-31 | 33.92% |
| 2008-12-31 | 44.52% |
| 2007-12-31 | 31.89% |
| 2006-12-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2001-12-31 | 0.00% |
| 2000-12-31 | 0.00% |
| 1999-12-31 | 0.00% |
| 1998-12-31 | 0.00% |
| 1997-12-31 | 0.00% |
| 1996-12-31 | 0.00% |
Related Metrics
About Texas Pacific Land Corporation
Texas Pacific Land Corporation (TPL) operates in two core business segments: land and resource management, and water services. Its Land and Resource Management division oversees a vast land portfolio, spanning nearly 880,000 acres. This segment also holds significant oil and gas royalty interests. These include perpetual non-participating royalty interests (NPRIs) covering approximately 85,000 acres (at a 1/128th rate) and about 371,000 acres (at a 1/16th rate). Furthermore, it possesses around 4,000 additional net royalty acres, primarily located in West Texas. The segment grants various easements and commercial leases for purposes such as oil, gas, and hydrocarbon infrastructure, power and utility lines, and subsurface wellbores. It also leases its land for facilities like processing, storage, and compression plants, as well as roads, and sells materials such as caliche. The Water Services and Operations division provides comprehensive water solutions to energy operators throughout the Permian Basin. Its services encompass water sourcing, the gathering and treatment of produced water, infrastructure development, disposal solutions, water tracking, analytics, and well testing. This segment also generates royalty income from water extracted from its own lands. Founded in 1888, Texas Pacific Land Corporation maintains its headquarters in Dallas, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Tyler Glover