Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. 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 17% below its 5-year average of 39.14%, near the low end of its 5-year range (32.37%–59.03%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.87% below its 12-month average of 33.68%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 32.37%.
RETURN ON EQUITY (ROE)
32.37%
RETURN ON EQUITY (ROE) AVG TTM
33.68%
RETURN ON EQUITY (ROE) AVG 3Y
37.81%
RETURN ON EQUITY (ROE) AVG 5Y
39.14%
RETURN ON EQUITY (ROE) AVG 10Y
59.72%
RETURN ON EQUITY (ROE) AVG 15Y
78.52%
RETURN ON EQUITY (ROE) AVG 20Y
70.25%
CURRENT VS TTM AVG
-3.87%
CURRENT VS 3Y AVG
-14.37%
CURRENT VS 5Y AVG
-17.28%
CURRENT VS 10Y AVG
-45.79%
CURRENT VS 15Y AVG
-58.77%
CURRENT VS 20Y AVG
-53.91%
SECTOR MEDIAN · ENERGY
15.95%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
+102.97%
vs the sector median at left
Texas Pacific Land Corporation
Market Cap
$23.53B
Return on Equity (ROE)
32.37%
TTM Avg
33.68%
3Y Avg
37.81%
5Y Avg
39.14%
Market Cap
$25.97B
Return on Equity (ROE)
10.66%
TTM Avg
10.38%
3Y Avg
12.72%
5Y Avg
9.57%
Market Cap
$20.10B
Return on Equity (ROE)
14.33%
TTM Avg
2.86%
3Y Avg
20.59%
5Y Avg
62.70%
Market Cap
$27.37B
Return on Equity (ROE)
14.55%
TTM Avg
18.04%
3Y Avg
20.99%
5Y Avg
7.74%
Market Cap
$19.10B
Return on Equity (ROE)
16.92%
TTM Avg
16.11%
3Y Avg
10.97%
5Y Avg
9.83%
Market Cap
$29.76B
Return on Equity (ROE)
11.27%
TTM Avg
11.96%
3Y Avg
16.38%
5Y Avg
11.52%
Market Cap
$30.82B
Return on Equity (ROE)
42.56%
TTM Avg
46.63%
3Y Avg
-182.03%
5Y Avg
-145.62%
Market Cap
$31.78B
Return on Equity (ROE)
11.28%
TTM Avg
4.86%
3Y Avg
9.33%
5Y Avg
2.58%
Market Cap
$15.11B
Return on Equity (ROE)
23.89%
TTM Avg
19.38%
3Y Avg
253.71%
5Y Avg
205.93%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Texas Pacific Land Corporation (TPL) | $23.53B | 32.37% | 33.68% | 37.81% | 39.14% |
| Pembina Pipeline Corporation (PBA)vs › | $25.97B | 10.66% | 10.38% | 12.72% | 9.57% |
| Expand Energy Corporation (EXE)vs › | $20.10B | 14.33% | 2.86% | 20.59% | 62.70% |
| Halliburton Company (HAL)vs › | $27.37B | 14.55% | 18.04% | 20.99% | 7.74% |
| First Solar, Inc. (FSLR)vs › | $19.10B | 16.92% | 16.11% | 10.97% | 9.83% |
| Tenaris S.A. (TS)vs › | $29.76B | 11.27% | 11.96% | 16.38% | 11.52% |
| Venture Global, Inc. (VG)vs › | $30.82B | 42.56% | 46.63% | -182.03% | -145.62% |
| EQT Corporation (EQT)vs › | $31.78B | 11.28% | 4.86% | 9.33% | 2.58% |
| APA Corporation (APA)vs › | $15.11B | 23.89% | 19.38% | 253.71% | 205.93% |
| Nextpower Inc. (NXT)vs › | $12.26B | 23.23% | 28.19% | 21.09% | 20.30% |
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) |
|---|---|
| 2026-06-30 | 32.37% |
| 2026-03-31 | 32.37% |
| 2025-12-31 | 33.00% |
| 2025-09-30 | 34.82% |
| 2025-06-30 | 35.82% |
| 2025-03-31 | 38.15% |
| 2024-12-31 | 40.09% |
| 2024-09-30 | 42.65% |
| 2024-06-30 | 37.11% |
| 2024-03-31 | 38.62% |
| 2023-12-31 | 38.88% |
| 2023-09-30 | 40.67% |
| 2023-06-30 | 46.93% |
| 2023-03-31 | 52.47% |
| 2022-12-31 | 57.75% |
| 2022-09-30 | 59.03% |
| 2022-06-30 | 58.84% |
| 2022-03-31 | 43.67% |
| 2021-12-31 | 41.43% |
| 2021-09-30 | 39.22% |
| 2021-06-30 | 36.22% |
| 2021-03-31 | 32.83% |
| 2020-12-31 | 36.29% |
| 2020-09-30 | 38.59% |
| 2020-06-30 | 45.28% |
| 2020-03-31 | 53.02% |
| 2019-12-31 | 62.23% |
| 2019-09-30 | 70.43% |
| 2019-06-30 | 79.04% |
| 2019-03-31 | 91.65% |
| 2018-12-31 | 85.71% |
| 2018-09-30 | 84.81% |
| 2018-06-30 | 96.68% |
| 2018-03-31 | 104.49% |
| 2017-12-31 | 109.35% |
| 2017-09-30 | 116.66% |
| 2017-06-30 | 113.41% |
| 2017-03-31 | 103.87% |
| 2016-12-31 | 78.19% |
| 2016-09-30 | 82.57% |
| 2016-06-30 | 83.44% |
| 2016-03-31 | 80.71% |
| 2015-12-31 | 109.52% |
| 2015-09-30 | 110.46% |
| 2015-06-30 | 122.82% |
| 2015-03-31 | 124.68% |
| 2014-12-31 | 130.11% |
| 2014-09-30 | 120.54% |
| 2014-06-30 | 130.65% |
| 2014-03-31 | 150.68% |
| 2013-12-31 | 151.81% |
| 2013-09-30 | 137.70% |
| 2013-06-30 | 117.07% |
| 2013-03-31 | 112.42% |
| 2012-12-31 | 125.98% |
| 2012-09-30 | 112.90% |
| 2012-06-30 | 116.88% |
| 2012-03-31 | 118.34% |
| 2011-12-31 | 100.23% |
| 2011-09-30 | 89.26% |
| 2011-06-30 | 78.34% |
| 2011-03-31 | 75.06% |
| 2010-12-31 | 61.79% |
| 2010-09-30 | 54.63% |
| 2010-06-30 | 52.10% |
| 2010-03-31 | 48.44% |
| 2009-12-31 | 35.09% |
| 2009-09-30 | 31.24% |
| 2009-06-30 | 38.41% |
| 2009-03-31 | 42.82% |
| 2008-12-31 | 46.50% |
| 2008-09-30 | 46.25% |
| 2008-06-30 | 43.37% |
| 2008-03-31 | 38.69% |
| 2007-12-31 | 33.15% |
| 2007-09-30 | 41.50% |
| 2007-06-30 | 43.04% |
| 2007-03-31 | 47.75% |
| 2006-12-31 | 47.34% |
| 2006-09-30 | 36.40% |
| 2006-06-30 | 36.75% |
| 2006-03-31 | 37.36% |
| 2005-12-31 | 34.58% |
| 2005-09-30 | 32.04% |
| 2005-06-30 | 81.28% |
| 2005-03-31 | 81.30% |
| 2004-12-31 | 76.69% |
| 2004-09-30 | 68.99% |
| 2004-06-30 | 43.04% |
| 2004-03-31 | 43.01% |
| 2003-12-31 | 38.10% |
| 2003-09-30 | 45.80% |
| 2003-06-30 | 41.57% |
