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May 6, 2026·SEC
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Feb 18, 2026·SEC
Texas Pacific Land Corporation(TPL)Earnings, Financials & Key Ratios
TPL•NYSE
50.9× P/E·Price updated Jun 19, 2026
AboutTexas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages approximately 880,000 acres of land. This segment also holds own a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres located in the western part of Texas. In addition, this segment engages in easements and commercial leases activities, such as oil, gas and related hydrocarbons, power line and utility easements, and subsurface wellbore easements. Further, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche. Its Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water gathering/treatment, infrastructure development, disposal solutions, water tracking, analytics, and well testing services to operators in the Permian Basin. This segment also holds royalties for water sourced from its land. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.Show more
- Revenue$798M+13.1%
- EBITDA$655M+16.0%
- Net Income$481M+6.0%
- EPS (Diluted)6.97+6.0%
- Gross Margin100%+11.2%
- EBITDA Margin82.02%+2.6%
- Operating Margin74.19%-2.9%
- Net Margin60.31%-6.2%
- ROE37.15%-11.0%
TPL Key Insights
Texas Pacific Land Corporation (TPL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Excellent 3Y average ROE of 41.2%
- ✓Strong 5Y profit CAGR of 22.3%
- ✓FCF machine: 60.9% free cash flow margin
- ✓Strong 5Y sales CAGR of 21.4%
- ✓Healthy 5Y average net margin of 63.1%
✗Weaknesses
- ✗Weak momentum: RS Rating 12 (bottom 12%)
- ✗Trading more than 30% below 52-week high
- ✗Expensive at 16.8x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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TPL Price & Volume
Texas Pacific Land Corporation (TPL) stock price & volume — 10-year historical chart
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TPL Growth Metrics
Texas Pacific Land Corporation (TPL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years25.96%
5 Years21.41%
3 Years6.15%
TTM15.3%
Profit CAGR
10 Years25.41%
5 Years22.28%
3 Years2.55%
TTM9.44%
EPS CAGR
10 Years26.27%
5 Years22.53%
3 Years2.78%
TTM9.46%
Return on Capital
10 Years77.56%
5 Years54.89%
3 Years47.1%
Last Year43.25%
TPL Recent Earnings
Texas Pacific Land Corporation (TPL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$2.07+2.5%
$2.02
Rev
$237M+1.6%
$233M
Q1 2026
Feb 18, 2026Metric
Actual
Est
EPS
$1.79+0.0%
$1.79
Rev
$212M+2.0%
$208M
Q4 2025
Nov 5, 2025Metric
Actual
Est
EPS
$1.76-8.5%
$1.92
Rev
$203M+16.0%
$175M
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$1.68-8.0%
$1.83
Rev
$188M-5.3%
$198M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $2.07vs $2.02+2.5% | $237Mvs $233M+1.6% |
| Q1 2026 | Feb 18, 2026 | $1.79vs $1.79+0.0% | $212Mvs $208M+2.0% |
| Q4 2025 | Nov 5, 2025 | $1.76vs $1.92-8.5% | $203Mvs $175M+16.0% |
| Q3 2025 | Aug 6, 2025 | $1.68vs $1.83-8.0% | $188Mvs $198M-5.3% |
Based on last 12 quarters of dataView full earnings history →
TPL Peer Comparison
Texas Pacific Land Corporation (TPL) competitors in Mineral and royalty interest owners — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 VNOM | 15.51B | 43.21 | -90.02 | 56.56% | -2.88% | -0.46% | 0.21 | |
 DMLP | 1.21B | 25.00 | 20.83 | -5.38% | 40.85% | 22.11% | 0.00 | |
 BSM | 2.97B | 14.01 | 10.95 | -3.89% | 63.48% | 35.46% | 0.14 | |
 NRP | 1.34B | 100.79 | 10.04 | -17.42% | 51.63% | 15.45% | 0.05 | |
 FANG | 51.62B | 183.50 | 32.02 | 36.31% | 2.65% | 0.93% | 0.34 | |
 OXY | 51.54B | 51.82 | 32.19 | -20.32% | 20.31% | 12.63% | 0.65 | |
 CVX | 346.46B | 173.63 | 26.19 | -4.64% | 6.67% | 7.18% | 0.24 | |
 WTTR | 1.99B | 17.70 | 88.50 | -3.08% | 1.54% | 2.21% | 0.40 |
Compare TPL vs Peers
Texas Pacific Land Corporation (TPL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TPL Income Statement
Texas Pacific Land Corporation (TPL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 132.33M | 300.22M | 490.5M | 302.55M | 450.96M | 667.42M | 631.6M | 705.82M | 798.19M | 839.02M |
Revenue Growth % | 120.87% | 126.87% | 63.38% | -38.32% | 49.05% | 48% | -5.37% | 11.75% | 13.09% | 15.3% |
Cost of Goods Sold | 867K | 13.75M | 29.71M | 32.6M | 29.49M | 32.89M | 48.32M | 71.29M | 0 | 19.31M |
COGS % of Revenue | 0.66% | 4.58% | 6.06% | 10.78% | 6.54% | 4.93% | 7.65% | 10.1% | - | - |
Gross Profit | 131.46M▲ 0% | 286.47M▲ 117.9% | 460.78M▲ 60.8% | 269.95M▼ 41.4% | 421.47M▲ 56.1% | 634.53M▲ 50.6% | 583.27M▼ 8.1% | 634.54M▲ 8.8% | 798.19M▲ 25.8% | 819.72M▲ 0% |
Gross Margin % | 99.34% | 95.42% | 93.94% | 89.22% | 93.46% | 95.07% | 92.35% | 89.9% | 100% | 97.7% |
Gross Profit Growth % | 119.59% | 117.91% | 60.85% | -41.41% | 56.13% | 50.55% | -8.08% | 8.79% | 25.79% | - |
Operating Expenses | 11.69M | 25.64M | 59.01M | 52.7M | 59.08M | 72.22M | 97.22M | 95.4M | 206.03M | 195.3M |
OpEx % of Revenue | 8.83% | 8.54% | 12.03% | 17.42% | 13.1% | 10.82% | 15.39% | 13.52% | 25.81% | - |
Selling, General & Admin | 8.52M | 25.64M | 59.01M | 52.7M | 59.08M | 63.49M | 89.83M | 34.48M | 23.78M | 3.14M |
SG&A % of Revenue | 6.44% | 8.54% | 12.03% | 17.42% | 13.1% | 9.51% | 14.22% | 4.89% | 2.98% | - |
Research & Development | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | 0% | 0% | 0% | - | - | - | - | - | - | - |
Other Operating Expenses | 3.17M | 0 | 0 | 0 | 0 | 8.73M | 7.38M | 60.92M | 182.25M | 4M |
Operating Income | 119.78M▲ 0% | 260.83M▲ 117.8% | 401.77M▲ 54.0% | 217.25M▼ 45.9% | 362.39M▲ 66.8% | 562.31M▲ 55.2% | 486.05M▼ 13.6% | 539.14M▲ 10.9% | 592.16M▲ 9.8% | 624.42M▲ 0% |
Operating Margin % | 90.51% | 86.88% | 81.91% | 71.81% | 80.36% | 84.25% | 76.96% | 76.38% | 74.19% | 74.42% |
Operating Income Growth % | 117.55% | 117.77% | 54.03% | -45.93% | 66.81% | 55.16% | -13.56% | 10.92% | 9.83% | - |
EBITDA | 129.46M | 300.22M | 410.68M | 231.65M | 378.65M | 577.68M | 500.81M | 564.3M | 654.69M | 689.05M |
EBITDA Margin % | 97.83% | 100% | 83.73% | 76.56% | 83.97% | 86.55% | 79.29% | 79.95% | 82.02% | 82.13% |
EBITDA Growth % | 116.09% | 131.9% | 36.79% | -43.59% | 63.46% | 52.56% | -13.31% | 12.68% | 16.02% | 17.5% |
D&A (Non-Cash Add-back) | 9.69M | 39.39M | 8.91M | 14.39M | 16.26M | 15.38M | 14.76M | 25.16M | 62.53M | 64.64M |
EBIT | 144.98M | 260.83M | 399.69M | 217.44M | 362.51M | 562.67M | 486.05M | 539.14M | 592.92M | 627.4M |
Net Interest Income | 84K | 0 | 0 | 0 | 0 | 6.21M | 28.63M | 32.14M | 17.97M | 14.56M |
Interest Income | 84K | 0 | 0 | 0 | 0 | 6.21M | 28.63M | 32.14M | 17.97M | 15.55M |
Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 992K |
Other Income/Expense | 114K | 916K | 2.68M | 2.4M | 624K | 6.55M | 31.51M | 39.68M | 18.17M | 15.08M |
Pretax Income | 119.86M▲ 0% | 261.75M▲ 118.4% | 402.25M▲ 53.7% | 219.66M▼ 45.4% | 363.02M▲ 65.3% | 568.86M▲ 56.7% | 517.56M▼ 9.0% | 578.82M▲ 11.8% | 610.33M▲ 5.4% | 639.5M▲ 0% |
Pretax Margin % | 90.58% | 87.19% | 82.01% | 72.6% | 80.5% | 85.23% | 81.95% | 82.01% | 76.46% | 76.22% |
Income Tax | 43.5M | 52.01M | 83.53M | 43.61M | 93.04M | 122.49M | 111.92M | 124.86M | 128.95M | 135.87M |
Effective Tax Rate % | 36.29% | 19.87% | 20.76% | 19.85% | 25.63% | 21.53% | 21.62% | 21.57% | 21.13% | 21.25% |
Net Income | 76.36M▲ 0% | 209.74M▲ 174.7% | 318.73M▲ 52.0% | 176.05M▼ 44.8% | 269.98M▲ 53.4% | 446.36M▲ 65.3% | 405.64M▼ 9.1% | 453.96M▲ 11.9% | 481.38M▲ 6.0% | 503.63M▲ 0% |
Net Margin % | 57.71% | 69.86% | 64.98% | 58.19% | 59.87% | 66.88% | 64.23% | 64.32% | 60.31% | 60.03% |
Net Income Growth % | 105.05% | 174.66% | 51.97% | -44.77% | 53.35% | 65.33% | -9.12% | 11.91% | 6.04% | 9.44% |
Net Income (Continuing) | 97.23M | 209.74M | 318.73M | 176.05M | 269.98M | 446.36M | 405.64M | 453.96M | 481.38M | 503.63M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 1.38▲ 0% | 2.99▲ 117.4% | 4.57▲ 52.6% | 2.52▼ 44.7% | 3.87▲ 53.4% | 6.42▲ 65.9% | 5.86▼ 8.7% | 6.57▲ 12.1% | 6.97▲ 6.0% | 7.30▲ 0% |
EPS Growth % | 134.66% | 117.43% | 52.56% | -44.74% | 53.37% | 65.89% | -8.67% | 12.11% | 6.04% | 9.46% |
EPS (Basic) | 1.38 | 2.99 | 4.57 | 2.52 | 3.87 | 6.42 | 5.87 | 6.58 | 6.98 | - |
Diluted Shares Outstanding | 70.69M | 70.09M | 69.81M | 69.81M | 69.77M | 69.54M | 69.18M | 69.06M | 69.03M | 69.01M |
Basic Shares Outstanding | 70.69M | 70.09M | 69.81M | 69.81M | 69.77M | 69.53M | 69.18M | 69.06M | 68.95M | 68.96M |
Dividend Payout Ratio | 13.99% | 15.09% | 14.6% | 44.06% | 31.58% | 55.4% | 24.65% | 76.51% | 30.7% | - |
TPL Balance Sheet
Texas Pacific Land Corporation (TPL) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 98.56M | 181.59M | 366.64M | 332.53M | 526.51M | 633.4M | 862.46M | 503.37M | 319.32M | 435.08M |
Cash & Short-Term Investments | 79.58M | 119.65M | 303.64M | 281.05M | 428.24M | 510.83M | 725.17M | 369.83M | 144.81M | 247.57M |
Cash Only | 79.58M | 119.65M | 303.64M | 281.05M | 428.24M | 510.83M | 725.17M | 369.83M | 144.81M | 247.57M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 17.77M | 48.75M | 62.99M | 48.22M | 95.22M | 103.98M | 128.97M | 126.67M | 164.91M | 181.05M |
Days Sales Outstanding | 49.02 | 59.27 | 46.88 | 58.17 | 77.07 | 56.87 | 74.53 | 65.5 | 75.41 | 63.96 |
Inventory | 1.11M | 10.49M | 107.08M | 108.54M | 109.07M | 109.7M | 0 | 0 | 0 | 0 |
Days Inventory Outstanding | 469.41 | 278.49 | 1.32K | 1.22K | 1.35K | 1.22K | - | - | - | - |
Other Current Assets | -1.11M | -6.69M | -107.08M | -106.56M | -106.02M | -95.93M | 8.32M | 6.86M | 9.61M | 6.46M |
Total Non-Current Assets | 21.48M | 103.48M | 231.54M | 239.1M | 237.55M | 244.03M | 293.93M | 744.65M | 1.3B | 1.32B |
Property, Plant & Equipment | 19.52M | 89.11M | 120.48M | 127.39M | 125.94M | 133.03M | 138.06M | 556.14M | 178.22M | 180.16M |
Fixed Asset Turnover | 6.78x | 3.37x | 4.07x | 2.38x | 3.58x | 5.02x | 4.57x | 1.27x | 4.48x | 2.30x |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 21.02M | 35.19M | 32.85M | 32.26M |
Long-Term Investments | 0 | 0 | 0 | 0 | 44.39M | 45.02M | 46.61M | 432.4M | 1.07B | 1.89B |
Other Non-Current Assets | -5.03M | 14.38M | 111.06M | 111.72M | 67.22M | 65.97M | 88.24M | -279.08M | 23.74M | 1.1B |
Total Assets | 127.46M▲ 0% | 285.07M▲ 123.7% | 598.18M▲ 109.8% | 571.63M▼ 4.4% | 764.06M▲ 33.7% | 877.43M▲ 14.8% | 1.16B▲ 31.8% | 1.25B▲ 7.9% | 1.62B▲ 30.1% | 1.75B▲ 0% |
Asset Turnover | 1.04x | 1.05x | 0.82x | 0.53x | 0.59x | 0.76x | 0.55x | 0.57x | 0.49x | 0.53x |
Asset Growth % | 104.09% | 123.66% | 109.83% | -4.44% | 33.66% | 14.84% | 31.79% | 7.92% | 30.07% | 95.96% |
Total Current Liabilities | 6.46M | 12.11M | 24.46M | 39.55M | 67.54M | 56.81M | 63.06M | 60.4M | 72.6M | 102.92M |
Accounts Payable | 5.61M | 10.51M | 19.19M | 13.32M | 17.91M | 23.44M | 22.5M | 26.96M | 48.49M | 0 |
Days Payables Outstanding | 2.36K | 278.84 | 235.76 | 149.19 | 221.64 | 260.13 | 169.96 | 138.03 | - | 538.95 |
Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Revenue (Current) | 0 | 0 | 0 | 22.17M | 20.45M | 21.71M | 25.01M | 20.64M | 0 | 63.05M |
Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23.7M | 80.76M |
Current Ratio | 15.26x | 14.99x | 14.99x | 8.41x | 7.80x | 11.15x | 13.68x | 8.33x | 4.40x | 4.23x |
Quick Ratio | 15.09x | 14.13x | 10.61x | 5.66x | 6.18x | 9.22x | 13.68x | 8.33x | 4.40x | 4.23x |
Cash Conversion Cycle | -1.84K | 58.92 | 1.13K | 1.12K | 1.21K | 1.01K | - | - | - | -474.99 |
Total Non-Current Liabilities | 8.48M | 28.27M | 61.58M | 46.9M | 44.81M | 47.73M | 50.14M | 55.16M | 91.77M | 92.58M |
Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.18M | 15.84M |
Capital Lease Obligations | 0 | 0 | 3.37M | 2.03M | 1.45M | 1.96M | 1.17M | 453K | 16.18M | 32.68M |
Deferred Tax Liabilities | 114K | 14.9M | 40.83M | 38.73M | 38.95M | 41.15M | 42.37M | 47.4M | 69.9M | 171.14M |
Other Non-Current Liabilities | 0 | 0 | 0 | 2.15M | 611K | 131K | 274K | 504K | -51.66M | 76.74M |
Total Liabilities | 48.27M | 40.38M | 86.04M | 86.45M | 112.35M | 104.54M | 113.2M | 115.56M | 164.37M | 195.51M |
Total Debt | 0 | 0 | 3.37M | 2.03M | 1.45M | 1.96M | 1.17M | 453K | 32.35M | 15.84M |
Net Debt | -79.58M | -119.65M | -300.28M | -279.02M | -426.8M | -508.88M | -724M | -369.38M | -112.46M | -231.73M |
Debt / Equity | - | - | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.02x | 0.01x |
Debt / EBITDA | - | - | 0.01x | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.05x | 0.02x |
Net Debt / EBITDA | -0.61x | -0.40x | -0.73x | -1.20x | -1.13x | -0.88x | -1.45x | -0.65x | -0.17x | -0.34x |
Interest Coverage | - | - | - | - | - | - | - | - | - | 632.46x |
Total Equity | 105.1M▲ 0% | 244.69M▲ 132.8% | 512.14M▲ 109.3% | 485.18M▼ 5.3% | 651.71M▲ 34.3% | 772.89M▲ 18.6% | 1.04B▲ 35.0% | 1.13B▲ 8.6% | 1.46B▲ 28.8% | 1.56B▲ 0% |
Equity Growth % | 120.68% | 132.82% | 109.3% | -5.26% | 34.32% | 18.59% | 34.97% | 8.56% | 28.83% | 94.67% |
Book Value per Share | 1.49 | 3.49 | 7.34 | 6.95 | 9.34 | 11.11 | 15.08 | 16.40 | 21.14 | 22.55 |
Total Shareholders' Equity | 79.19M | 244.69M | 512.14M | 485.18M | 651.71M | 772.89M | 1.04B | 1.13B | 1.46B | 1.56B |
Common Stock | 0 | 0 | 0 | 0 | 78K | 78K | 78K | 231K | 691K | 691K |
Retained Earnings | 0 | 0 | 0 | 0 | 668.03M | 866.14M | 1.17B | 1.28B | 1.6B | 1.68B |
Treasury Stock | 0 | 0 | 0 | 0 | -15.42M | -104.14M | -145M | -168.84M | -151.24M | 0 |
Accumulated OCI | -804K | -1.08M | -1.46M | -2.69M | -1.01M | 2.52M | 1.83M | 3.58M | 4.15M | 3.79M |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
TPL Cash Flow Statement
Texas Pacific Land Corporation (TPL) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 93.83M | 195.45M | 342.79M | 207.04M | 265.16M | 447.15M | 418.29M | 490.67M | 545.91M | 551.19M |
Operating CF Margin % | 70.91% | 65.1% | 69.89% | 68.43% | 58.8% | 67% | 66.23% | 69.52% | 68.39% | - |
Operating CF Growth % | 129.09% | 108.3% | 75.39% | -39.6% | 28.08% | 68.63% | -6.45% | 17.3% | 11.26% | 46.59% |
Net Income | 97.23M | 209.74M | 318.73M | 176.05M | 269.98M | 446.36M | 405.64M | 453.96M | 481.38M | 503.63M |
Depreciation & Amortization | 376K | 2.58M | 8.91M | 14.39M | 16.26M | 15.38M | 14.76M | 25.16M | 62.53M | 64.85M |
Stock-Based Compensation | 0 | 0 | 0 | 0 | 28K | 8.43M | 10.34M | 12.5M | 15.13M | 10.73M |
Deferred Taxes | 1.1M | 14.79M | 25.92M | -2.1M | 220K | 1.26M | 1.4M | 4.6M | 6.55M | 5.77M |
Other Non-Cash Items | 0 | 0 | -22M | -1.42M | 0 | 0 | 0 | -4.62M | 9.86M | -7.97M |
Working Capital Changes | -4.88M | -31.66M | 11.23M | 20.11M | -21.32M | -24.28M | -13.86M | -936K | -29.55M | -25.82M |
Change in Receivables | -7.63M | -29M | -9.79M | 27.61M | -47.6M | -13.83M | -24.46M | -610K | -52.93M | -52.93M |
Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Change in Payables | 4.94M | 4.78M | 7.96M | -6.29M | 0 | 0 | 0 | 0 | 0 | 0 |
Cash from Investing | -18.72M | -81.53M | -111.69M | -26M | -15M | -21.4M | -60.31M | -471.75M | -595.85M | -591.72M |
Capital Expenditures | -18.75M | -72.18M | -37.23M | -22.03M | -15.55M | -20.87M | -18.59M | -425.27M | -59.53M | -54.37M |
CapEx % of Revenue | 14.17% | 24.04% | 7.59% | 7.28% | 3.45% | 3.13% | 2.94% | 60.25% | 7.46% | 6.48% |
Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -45M | 0 | 0 |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 27K | -9.35M | -74.47M | -3.97M | 551K | -527K | -41.72M | -1.48M | -536.32M | -537.35M |
Cash from Financing | -44.95M | -70.05M | -50.9M | -201.66M | -104.95M | -336.81M | -144.61M | -378.09M | -176.04M | -175.1M |
Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Equity Issued (Net) | -34.27M | -38.4M | -4.35M | 0 | -19.68M | -89.53M | -44.64M | -30.78M | -23.18M | -8.33M |
Dividends Paid | -10.68M | -31.65M | -46.55M | -201.66M | -85.26M | -247.28M | -99.97M | -347.31M | -147.8M | -152.16M |
Share Repurchases | -34.27M | -38.4M | -4.35M | 0 | -19.68M | -89.53M | -44.64M | -30.78M | -23.18M | -8.33M |
Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.07M | -14.61M |
Net Change in Cash | 30.16M▲ 0% | 43.87M▲ 45.4% | 180.2M▲ 310.8% | -20.62M▼ 111.4% | 145.22M▲ 804.2% | 88.94M▼ 38.8% | 213.37M▲ 139.9% | -359.17M▼ 268.3% | -225.98M▲ 37.1% | -214.59M▲ 0% |
Free Cash Flow | 75.08M▲ 0% | 147.57M▲ 96.5% | 310.58M▲ 110.5% | 201.95M▼ 35.0% | 249.62M▲ 23.6% | 427.94M▲ 71.4% | 403.26M▼ 5.8% | 460.98M▲ 14.3% | 486.38M▲ 5.5% | 493.28M▲ 0% |
FCF Margin % | 56.74% | 49.15% | 63.32% | 66.75% | 55.35% | 64.12% | 63.85% | 65.31% | 60.94% | 58.79% |
FCF Growth % | 87.8% | 96.54% | 110.46% | -34.98% | 23.6% | 71.44% | -5.77% | 14.31% | 5.51% | 6.37% |
FCF per Share | 1.06 | 2.11 | 4.45 | 2.89 | 3.58 | 6.15 | 5.83 | 6.68 | 7.05 | 7.15 |
FCF Conversion (FCF/Net Income) | 1.23x | 0.93x | 1.08x | 1.18x | 0.98x | 1.00x | 1.03x | 1.08x | 1.13x | 0.98x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Taxes Paid | 49M | 45.88M | 44.44M | 46.62M | 68.22M | 151.96M | 104.08M | 120.67M | 0 | 0 |
TPL Key Ratios
Texas Pacific Land Corporation (TPL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 100% | 119.92% | 84.23% | 35.3% | 47.49% | 62.67% | 44.67% | 41.73% | 37.15% | 35.52% |
Return on Invested Capital (ROIC) | 757.31% | 259.86% | 178.88% | 77.96% | 126.1% | 172.51% | 125.01% | 74.72% | 42.11% | 43.89% |
Gross Margin | 99.34% | 95.42% | 93.94% | 89.22% | 93.46% | 95.07% | 92.35% | 89.9% | 100% | 97.7% |
Net Margin | 57.71% | 69.86% | 64.98% | 58.19% | 59.87% | 66.88% | 64.23% | 64.32% | 60.31% | 60.03% |
Debt / Equity | - | - | 0.01x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.02x | 0.01x |
Interest Coverage | - | - | - | - | - | - | - | - | - | 632.46x |
FCF Conversion | 1.23x | 0.93x | 1.08x | 1.18x | 0.98x | 1.00x | 1.03x | 1.08x | 1.13x | 0.98x |
Revenue Growth | 120.87% | 126.87% | 63.38% | -38.32% | 49.05% | 48% | -5.37% | 11.75% | 13.09% | 15.3% |
Related:TPL Dividend History·TPL Revenue History·TPL Price History·TPL P/E History·TPL Financial Ratios·TPL Institutional Holders
TPL SEC Filings & Documents
Texas Pacific Land Corporation (TPL) SEC filings — annual & quarterly reports (10-K, 10-Q)
TPL Frequently Asked Questions
Texas Pacific Land Corporation (TPL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Texas Pacific Land Corporation (TPL) reported $839.0M in revenue for fiscal year 2025. This represents a 9678% increase from $8.6M in 1996.
Texas Pacific Land Corporation (TPL) grew revenue by 13.1% over the past year. This is steady growth.
Yes, Texas Pacific Land Corporation (TPL) is profitable, generating $503.6M in net income for fiscal year 2025 (60.3% net margin).
Dividend & Returns
Yes, Texas Pacific Land Corporation (TPL) pays a dividend with a yield of 0.60%. This makes it attractive for income-focused investors.
Texas Pacific Land Corporation (TPL) has a return on equity (ROE) of 37.2%. This is excellent, indicating efficient use of shareholder capital.
Texas Pacific Land Corporation (TPL) generated $493.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.