5 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $363M | -$22M | 0.0% | -8.4% | — | $291M | $9M |
| 2024 | $285M | $23M | 0.0% | -2.4% | — | $157M | $7M |
| 2023 | $358M | -$104M | 0.0% | -34.6% | — | $28M | $5M |
| 2022 | $450M | -$8M | 0.0% | -5.7% | — | $120M | $9M |
| 2021 | $219M | $52M | 0.0% | 20.1% | — | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $120M | -$74M | 0.0% | -64.9% | — | $277M | $8M |
| Dec '25 | $104M | -$28M | 0.0% | -26.1% | — | $291M | $9M |
| Sep '25 | $91M | $4M | 0.0% | 4.2% | — | $271M | $5M |
| Jun '25 | $75M | -$135000 | 0.0% | -5.0% | — | $19M | $8M |
| Mar '25 | $94M | $2M | 0.0% | -3.8% | — | $162M | $11M |
| Dec '24 | $91M | $10M | 0.0% | 6.1% | — | $157M | $7M |
| Sep '24 | $69M | $203000 | 0.0% | -7.2% | — | $155M | $4M |
| Jun '24 | $57M | $3M | 0.0% | -17.7% | — | $7M | $76M |
| Mar '24 | $68M | $10M | 0.0% | 3.9% | — | $26M | $5M |
| Dec '23 | $72M | -$194M | 0.0% | -275.3% | — | $28M | $5M |
| Sep '23 | $75M | $8M | 0.0% | 5.8% | — | $25M | $6M |
| Jun '23 | $67M | -$3M | 0.0% | -13.0% | — | $21M | $4M |
| Mar '23 | $143M | $84M | 0.0% | 55.0% | — | $7M | $7M |
| Dec '22 | $112M | -$22M | 0.0% | -24.2% | — | $120M | $9M |
| Sep '22 | $120M | $56M | 0.0% | 42.2% | — | — | — |
| Jun '22 | $121M | $24M | 0.0% | 17.0% | — | — | — |
| Mar '22 | $97M | -$66M | 0.0% | -72.0% | — | — | — |
How the market has priced TXO against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 4 years, TXO Partners, L.P.'s revenue has grown 13.4% per year. These are computed facts, not advice.
As of FY2025, TXO Partners, L.P. reported $291M of total debt against $9M of cash; operating income covered interest expense -1.8×.
In FY2025, gross margin was —, operating margin -8.4%, and net margin -6.0%.
As of Jun '26, TXO Partners, L.P. traded at a price-to-earnings ratio of about 29.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.