Last 23 quarters of trend data · Energy · Oil & Gas Exploration & Production
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
TXO Partners, L.P.'s quarterly P/E stands at 44.2x, down 95.4% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 59.0% YoY to 8.3x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 19.26 | 44.24 | — | 82.87 | 16.19 | 969.61 | 56.00 | 13.60 | — | 18.81 | — | 2.02 | — |
| — | -95.4% | — | +509.4% | — | +5056.0% | — | +573.2% | — | — | — | — | — | |
| P/S Ratio | 2.43 | 1.94 | 2.02 | 2.38 | 1.84 | 2.87 | 2.79 | 2.09 | 1.52 | 2.27 | 2.75 | 1.07 | — |
| — | -32.2% | -27.7% | +13.6% | +20.5% | +26.0% | +1.3% | +95.5% | — | — | — | — | — | |
| P/B Ratio | 0.74 | 1.07 | 0.96 | 1.36 | 1.08 | 1.27 | 1.12 | 1.21 | 1.18 | 0.93 | 0.97 | 0.96 | — |
| — | -16.0% | -13.7% | +12.4% | -9.0% | +36.2% | +15.3% | +26.6% | — | — | — | — | — | |
| P/FCF | — | — | — | 6.61 | 4.38 | — | — | 5.64 | 8.27 | 7.35 | 13.73 | 10.56 | — |
| — | — | — | +17.3% | -47.1% | — | — | -46.6% | — | — | — | — | — | |
| EV / EBITDA | 14.62 | 8.35 | 10.25 | 10.99 | 8.58 | 20.36 | 633.70 | 11.07 | — | 10.92 | 61.63 | 1.89 | — |
| — | -59.0% | -98.4% | -0.7% | — | +86.5% | +928.2% | +486.7% | — | — | — | — | — | |
| EV / EBIT | — | 30.02 | 75.57 | 39.44 | 14.19 | 113.80 | 36.97 | 13.02 | — | 16.90 | — | 1.99 | — |
| — | -73.6% | +104.4% | +202.9% | — | +573.2% | — | +555.3% | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
TXO Partners, L.P.'s operating margin was 3.7% in Q3 2025, up 7.9 pp QoQ and up 11.0 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 0.4% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 2236.0% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 28.3% | 52.6% | 27.7% | 24.5% | 33.6% | -2.5% | 18.4% | 35.3% | 50.4% | 33.8% | 15.8% | 70.8% | -5.6% |
| — | +2236.0% | +50.4% | -30.8% | -33.4% | -107.3% | +16.2% | -50.1% | +999.2% | -47.3% | -68.6% | -84.8% | -109.3% | |
| Operating Margin | -2.4% | 3.7% | -4.1% | -4.2% | 6.2% | -7.2% | -17.6% | 4.0% | -215.5% | 6.3% | -14.5% | 49.8% | -63.9% |
| — | +151.6% | +76.6% | -205.9% | +102.9% | -215.4% | -21.5% | -91.9% | -237.2% | -85.1% | -165.6% | -93.2% | -334.9% | |
| Net Margin | 8.3% | 4.3% | -0.2% | 2.9% | 11.4% | 0.3% | 4.9% | 15.2% | -210.6% | 12.1% | -4.2% | 52.9% | -52.6% |
| — | +1360.5% | -103.1% | -81.2% | +105.4% | -97.6% | +216.4% | -71.2% | -300.4% | -73.7% | -116.0% | -92.3% | -272.9% |
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.3% | 0.6% | -0.0% | 0.4% | 1.7% | 0.0% | 0.5% | 2.2% | -33.5% | 1.2% | -0.4% | 13.6% | -4.2% |
| — | +1619.1% | -103.7% | -81.5% | +105.0% | -97.3% | +248.3% | -84.0% | -705.2% | -88.4% | -107.2% | +205.7% | -151.8% | |
| ROA | 2.7% | 0.4% | -0.0% | 0.2% | 1.0% | 0.0% | 0.4% | 1.5% | -24.3% | 0.9% | -0.3% | 9.2% | -2.4% |
| — | +1482.4% | -103.4% | -84.2% | +104.1% | -97.6% | +236.3% | -83.8% | -894.4% | -85.3% | -109.6% | +216.8% | -146.7% | |
| ROIC | -0.8% | 0.3% | -0.4% | -0.4% | 0.5% | -0.6% | -1.5% | 0.4% | -24.8% | 0.5% | -0.9% | 8.8% | -3.1% |
| — | +154.7% | +75.8% | -187.0% | +102.2% | -225.1% | -64.2% | -95.3% | -695.3% | -92.3% | -135.7% | +208.1% | -173.2% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
TXO Partners, L.P.'s Debt/EBITDA ratio is 8.6x, up from 1.1x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 53.0% YoY to 0.48x, tightening the short-term liquidity position.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.26 | 0.37 | 0.03 | 0.28 | 0.26 | 0.25 | 0.01 | 0.06 | 0.06 | 0.04 | 0.03 | 0.01 | 0.23 |
| — | +47.5% | +104.6% | +391.3% | +334.7% | +578.9% | -59.6% | +459.2% | -74.2% | -84.7% | -84.7% | -96.5% | -18.0% | |
| Debt / EBITDA | 2.75 | 8.62 | 1.06 | 7.48 | 6.69 | 13.45 | 31.56 | 1.97 | — | 1.67 | 7.62 | 0.08 | — |
| — | -35.9% | -96.6% | +279.1% | — | +703.2% | +314.0% | +2395.7% | — | -22.4% | +134.5% | — | — | |
| Current Ratio | 0.97 | 0.48 | 0.97 | 1.00 | 0.97 | 1.02 | 3.26 | 1.36 | 1.41 | 0.86 | 0.94 | 0.99 | 0.50 |
| — | -53.0% | -70.2% | -26.7% | -31.1% | +18.5% | +246.1% | +37.7% | +181.1% | +6.0% | +38.6% | +33.4% | -69.0% | |
| Quick Ratio | 0.97 | 0.48 | 0.97 | 1.00 | 0.97 | 1.02 | 3.26 | 1.36 | 1.41 | 0.86 | 0.94 | 0.99 | 0.50 |
| — | -53.0% | -70.2% | -26.7% | -31.1% | +18.5% | +246.1% | +37.7% | +181.1% | +6.0% | +38.6% | +33.4% | -69.0% | |
| Interest Coverage | -0.87 | 0.86 | -1.44 | -0.99 | 1.38 | -2.67 | -9.63 | 2.77 | -170.28 | 3.64 | -14.20 | 54.78 | -10.13 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 23 years · Updated daily
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Start ComparisonTXO Partners, L.P.'s current P/E is 19.3x. The average P/E over the last 3 quarters is 47.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
TXO Partners, L.P.'s current operating margin is -2.4%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking TXO Partners, L.P.'s business trajectory between earnings reports.