TXO Partners, L.P. (TXO) Financial Ratios
6 years of historical data (2020–2025) · Energy · Oil & Gas Exploration & Production
EV/EBITDA
↓
8.23
↓-18% vs avg
5yr avg: 10.05
30Y Low6.8·High13.3
P/FCF
N/A
—
5yr avg: 8.25
30Y Low8.2·High8.2
P/B Ratio
↓
0.69
↓-25% vs avg
5yr avg: 0.91
30Y Low0.6·High1.2
ROE
↓
-2.8%
↑-69% vs avg
5yr avg: -1.7%
30Y Low-54%·High12%
Debt/EBITDA
↑
2.45
↓-33% vs avg
5yr avg: 3.67
30Y Low1.8·High7.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
TXO Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
TXO Partners, L.P. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Market Cap | $696M | $531M | $608M | $550M | — | — | — |
| Enterprise Value | $978M | $813M | $758M | $574M | — | — | — |
| P/E Ratio → | -29.30 | — | 25.91 | — | — | — | — |
| P/S Ratio | 1.69 | 1.29 | 2.15 | 1.45 | — | — | — |
| P/B Ratio | 0.69 | 0.58 | 1.00 | 1.16 | — | — | — |
| P/FCF | — | — | — | 8.25 | — | — | — |
| P/OCF | 5.89 | 4.49 | 5.57 | 7.13 | — | — | — |
P/E links to full P/E history page with 30-year chart
TXO EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
TXO Partners, L.P.'s enterprise value stands at 8.2x EBITDA, 18% below its 5-year average of 10.1x. This is roughly in line with the Energy sector median of 7.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.98 | 2.68 | 1.51 | — | — | — |
| EV / EBITDA | 8.23 | 6.84 | 13.26 | — | — | — | — |
| EV / EBIT | 43.88 | — | 24.17 | — | — | — | — |
| EV / FCF | — | — | — | 8.60 | — | — | — |
TXO Profitability
Margins and return-on-capital ratios measuring operating efficiency
TXO Partners, L.P. earns an operating margin of 5.4%, below the Energy sector average of 13.8%. Operating margins have expanded from -32.5% to 5.4% over the past 3 years, signaling improving operational efficiency. A negative ROE of -2.8% indicates the company is currently destroying shareholder equity. ROIC of 1.7% represents below-average returns on invested capital versus a sector median of 6.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 10.6% | 10.6% | 28.3% | 50.4% | 31.4% | 52.2% | 15.9% |
| Operating Margin | 5.4% | 5.4% | -2.4% | -32.5% | -10.4% | 19.4% | -142.8% |
| Net Profit Margin | -5.3% | -5.3% | 8.3% | -27.3% | -3.1% | 23.0% | -150.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| ROE | -2.8% | -2.8% | 4.3% | -20.9% | -1.4% | 12.4% | -53.8% |
| ROA | -1.8% | -1.8% | 2.7% | -12.8% | -0.9% | 7.2% | -26.2% |
| ROIC | 1.7% | 1.7% | -0.8% | -16.4% | -2.9% | 5.9% | — |
| ROCE | 2.1% | 2.1% | -0.8% | -17.3% | -3.3% | 6.3% | -25.7% |
TXO Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
TXO Partners, L.P. carries a Debt/EBITDA ratio of 2.4x, which is manageable (6% below the sector average of 2.6x). Net debt stands at $282M ($291M total debt minus $9M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.32 | 0.32 | 0.26 | 0.06 | 0.23 | 0.28 | 0.50 |
| Debt / EBITDA | 2.45 | 2.45 | 2.75 | — | 7.66 | 1.81 | — |
| Net Debt / Equity | — | 0.31 | 0.25 | 0.05 | 0.21 | 0.27 | 0.43 |
| Net Debt / EBITDA | 2.37 | 2.37 | 2.62 | — | 7.07 | 1.72 | — |
| Debt / FCF | — | — | — | 0.35 | 1.52 | — | 17.87 |
| Interest Coverage | -0.27 | -0.27 | 3.98 | -22.51 | 0.06 | 9.94 | -18.90 |
TXO Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.62x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 1.41x to 0.62x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 0.62 | 0.62 | 0.97 | 1.41 | 0.50 | 1.62 | 2.18 |
| Quick Ratio | 0.62 | 0.62 | 0.97 | 1.41 | 0.50 | 1.62 | 2.18 |
| Cash Ratio | 0.06 | 0.06 | 0.11 | 0.12 | 0.06 | 0.21 | 1.16 |
| Asset Turnover | — | 0.30 | 0.27 | 0.55 | 0.27 | 0.27 | 0.17 |
| Inventory Turnover | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 46.48 | 51.22 | 30.90 | 77.48 | 54.55 | 54.10 |
TXO Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
TXO Partners, L.P. returns 16.2% to shareholders annually primarily through dividends.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Dividend Yield | 16.2% | 19.1% | 14.0% | 9.0% | — | — | — |
| Payout Ratio | — | — | 363.3% | — | — | 0.3% | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 3.9% | — | — | — | — |
| FCF Yield | — | — | — | 12.1% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 16.2% | 19.1% | 14.0% | 9.0% | — | — | — |
| Shares Outstanding | — | $50M | $36M | $30M | $30M | $30M | $30M |
Peer Comparison
Compare TXO with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 TXOYou | $696M | -29.3 | 8.2 | — | 10.6% | 5.4% | -2.8% | 1.7% | 2.4 |
 VNOM | $16B | -90.8 | 15.0 | — | 47.9% | 43.0% | -1.0% | 5.0% | 1.8 |
 BSM | $3B | 10.8 | 10.4 | 9.9 | 74.9% | 61.8% | 26.6% | 16.1% | 0.5 |
 DMLP | $1B | 21.5 | 9.7 | 9.4 | 46.2% | 37.5% | 17.2% | 14.7% | 0.0 |
 PBF | $5B | -28.3 | 11.5 | — | -1.9% | -0.2% | -2.8% | -0.5% | 4.8 |
 CIVI | $2B | 3.2 | 1.9 | 2.6 | 41.2% | 29.0% | 13.1% | 10.8% | 1.3 |
 BATL | $21M | -0.6 | 4.0 | — | 10.8% | -4.0% | 6.3% | -1.5% | 4.2 |
 RRC | $9B | 13.4 | 8.0 | 14.7 | 34.1% | 27.9% | 15.9% | 11.4% | 1.0 |
 CNX | $5B | 8.3 | 5.3 | 8.8 | 47.2% | 36.8% | 15.0% | 9.0% | 1.8 |
 HAL | $29B | 23.4 | 10.4 | 17.6 | 15.7% | 10.2% | 12.2% | 10.2% | 2.4 |
 SLB | $72B | 20.4 | 11.0 | 15.0 | 18.2% | 15.3% | 13.5% | 12.1% | 1.7 |
| Energy Median | — | 15.6 | 7.9 | 13.9 | 33.7% | 13.8% | 7.2% | 6.2% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 6 years · Updated daily
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TXO — Frequently Asked Questions
Quick answers to the most common questions about buying TXO stock.
What is TXO Partners, L.P.'s P/E ratio?
TXO Partners, L.P.'s current P/E ratio is -29.3x. The historical average is 25.9x.
What is TXO Partners, L.P.'s EV/EBITDA?
TXO Partners, L.P.'s current EV/EBITDA is 8.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.1x.
What is TXO Partners, L.P.'s ROE?
TXO Partners, L.P.'s return on equity (ROE) is -2.8%. The historical average is -10.4%.
Is TXO stock overvalued?
Based on historical data, TXO Partners, L.P. is trading at a P/E of -29.3x. Compare with industry peers and growth rates for a complete picture.
What is TXO Partners, L.P.'s dividend yield?
TXO Partners, L.P.'s current dividend yield is 16.17%.
What are TXO Partners, L.P.'s profit margins?
TXO Partners, L.P. has 10.6% gross margin and 5.4% operating margin.
How much debt does TXO Partners, L.P. have?
TXO Partners, L.P.'s Debt/EBITDA ratio is 2.4x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.