• Texas Pacific Land average return on equity for 2023 was 49.95, a 14.1% decline from 2022.
• Texas Pacific Land average return on equity for 2022 was 58.15, a 42.73% decline from 2021.
• Texas Pacific Land average return on equity for 2021 was 40.74, a 7.58% increase from 2020.

Roe - 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.