SSRM vs TPL
SSR Mining Inc. and Texas Pacific Land Corp., side by side — 7 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | SSRM | TPL |
|---|---|---|
| Revenue | $1.6B | $798.2M |
| Net income | $395.8M | $481.4M |
| Gross margin | 59.9% | · |
| Net margin | 22.2% | 60.3% |
| Return on equity | 12.0% | 37.2% |
| Diluted EPS | $1.85 | $6.97 |
| Dividend / share | · | $2.13 |
| Payout ratio | 0.0% | 30.7% |
| Free cash flow | $241.6M | $510.0M |
| Equity | $3.5B | $1.5B |
| Net debt / equity | · | · |
| Current ratio | 2.08× | 4.40× |
| Revenue CAGR 5y | 13.8% | 21.4% |
| Profit CAGR 5y | 21.2% | 22.3% |
SSRM bills 2.0× the revenue of TPL, and TPL keeps more of each dollar of revenue as profit (60.3% against 22.2%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
7 years side by side
| Fiscal year | SSRM | TPL |
|---|---|---|
| FY2025 | $1.6B | $798.2M |
| FY2024 | $995.6M | $705.8M |
| FY2023 | $1.4B | $631.6M |
| FY2022 | $1.1B | $667.4M |
| FY2021 | $1.5B | $451.0M |
| FY2020 | $853.1M | $302.6M |
| FY2019 | $606.9M | $490.5M |
Bottom line
| Fiscal year | SSRM | TPL |
|---|---|---|
| FY2025 | $395.8M | $481.4M |
| FY2024 | $-261.3M | $454.0M |
| FY2023 | $-98.0M | $405.6M |
| FY2022 | $194.1M | $446.4M |
| FY2021 | $368.1M | $270.0M |
| FY2020 | $151.5M | $176.0M |
| FY2019 | $102.8M | $318.7M |
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$831,447,000 | SSRM |
| FY2024 | +$289,795,000 | SSRM |
| FY2023 | +$795,332,000 | SSRM |
| FY2022 | +$480,611,000 | SSRM |
| FY2021 | +$1,023,241,000 | SSRM |
| FY2020 | +$550,525,000 | SSRM |
| FY2019 | +$116,354,000 | SSRM |
SSRM has reported the higher revenue in every one of these 7 fiscal years. The gap has widened since the earliest year compared.
7 of 8 comparable fiscal years — a year missing data on either side is not counted.
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −38.1 pp | TPL |
| FY2024 | −99.7 pp | TPL |
| FY2023 | −72.7 pp | TPL |
| FY2022 | −48.5 pp | TPL |
| FY2021 | −31.0 pp | TPL |
| FY2020 | −39.8 pp | TPL |
| FY2019 | −48.3 pp | TPL |
TPL has kept the higher net margin in every one of these 7 fiscal years.
7 of 8 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SSRM's net margin has been more volatile than TPL's over the 7 comparable fiscal years — 21.0 percentage points of standard deviation against 3.0.
7 of 8 comparable fiscal years — a year missing data on either side is not counted.
Year by year
TPL led in net margin in every one of the 7 comparable fiscal years — a structural lead, not a recent swing.
7 of 8 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TPL's return on equity has been more volatile than SSRM's over the 6 comparable fiscal years — 9.0 percentage points of standard deviation against 7.1.
6 of 8 comparable fiscal years — a year missing data on either side is not counted.
Year by year
TPL led in return on equity in every one of the 6 comparable fiscal years — a structural lead, not a recent swing.
6 of 8 comparable fiscal years — a year missing data on either side is not counted.