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Taxonomy & unit
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ratio: %
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Description
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Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
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Summary
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Texas Pacific Land Corp quarterly/annual Return On Equity history and growth rate from 2020 to 2023.
- Texas Pacific Land Corp Return On Equity for the quarter ending June 30, 2024 was 41.3 %, a 20.4% decline year-over-year.
- Texas Pacific Land Corp annual Return On Equity for 2023 was 43.6 %, a 30% decline from 2022.
- Texas Pacific Land Corp annual Return On Equity for 2022 was 62.3 %, a 33.4% increase from 2021.
- Texas Pacific Land Corp annual Return On Equity for 2021 was 46.7 %, a 27.4% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)