Last 48 quarters of trend data · Energy · Oil & Gas Royalties
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 32.00 | 33.66 | 49.06 | 57.31 | 40.34 | 44.21 | 52.30 | 63.22 | 53.79 | 47.77 | 36.86 | 29.10 | 26.69 | 33.18 | 25.22 | 37.80 | 45.22 | 26.40 | 24.22 | 26.76 | 30.61 |
| — | -23.9% | -6.2% | -9.3% | -25.0% | -7.5% | +41.9% | +117.2% | +101.6% | +44.0% | +46.2% | -23.0% | -41.0% | +25.7% | +4.1% | +41.2% | +47.7% | -5.4% | -55.5% | -56.6% | -3.0% | |
| P/S Ratio | 19.41 | 20.57 | 30.70 | 34.57 | 23.43 | 26.45 | 32.41 | 38.88 | 34.25 | 29.33 | 24.51 | 19.12 | 18.11 | 22.17 | 15.76 | 22.37 | 29.57 | 17.95 | 16.33 | 17.76 | 16.43 |
| — | -22.2% | -5.3% | -11.1% | -31.6% | -9.8% | +32.2% | +103.4% | +89.1% | +32.3% | +55.5% | -14.5% | -38.8% | +23.5% | -3.5% | +25.9% | +80.0% | -5.3% | -49.5% | -51.5% | -13.4% | |
| P/B Ratio | 12.89 | 12.48 | 18.07 | 21.05 | 13.59 | 15.70 | 18.86 | 25.27 | 22.48 | 19.35 | 14.01 | 11.86 | 11.57 | 14.52 | 11.41 | 15.80 | 23.37 | 19.03 | 17.84 | 14.38 | 14.84 |
| — | -20.5% | -4.2% | -16.7% | -39.5% | -18.8% | +34.7% | +113.0% | +94.2% | +33.2% | +22.8% | -24.9% | -50.5% | -23.7% | -36.1% | +9.8% | +57.5% | +22.0% | -21.3% | -40.0% | +27.7% | |
| P/FCF | 33.01 | 31.52 | 50.02 | 52.94 | 58.30 | 39.49 | 51.69 | 51.57 | 56.15 | — | 45.97 | 22.96 | 28.20 | 34.17 | 31.37 | 28.96 | 35.75 | 30.38 | 34.02 | 25.14 | 28.06 |
| — | -20.2% | -3.2% | +2.6% | +3.8% | — | +12.4% | +124.6% | +99.1% | — | +46.6% | -20.7% | -21.1% | +12.5% | -7.8% | +15.2% | +27.4% | -7.4% | -54.9% | -58.5% | +30.9% | |
| EV / EBITDA | 23.15 | 24.00 | 35.95 | 41.40 | 28.79 | 31.95 | 37.74 | 46.33 | 40.72 | 37.24 | 29.14 | 22.31 | 20.60 | 25.57 | 19.16 | 28.85 | 34.45 | 19.99 | 17.84 | 19.39 | 17.70 |
| — | -24.9% | -4.7% | -10.6% | -29.3% | -14.2% | +29.5% | +107.7% | +97.7% | +45.6% | +52.1% | -22.7% | -40.2% | +27.9% | +7.4% | +48.8% | +94.6% | -4.9% | -55.6% | -57.5% | -22.2% | |
| EV / EBIT | 31.53 | 26.19 | 38.50 | 44.05 | 29.32 | 33.78 | 39.88 | 48.61 | 41.54 | 36.60 | 30.00 | 21.37 | 19.55 | 26.30 | 19.76 | 29.79 | 35.22 | 20.48 | 18.33 | 20.03 | 18.35 |
| — | -22.5% | -3.5% | -9.4% | -29.4% | -7.7% | +32.9% | +127.4% | +112.5% | +39.2% | +51.8% | -28.2% | -44.5% | +28.4% | +7.8% | +48.7% | +92.0% | -6.1% | -56.7% | -58.7% | -24.1% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 85.5% | 86.6% | 88.5% | 88.0% | 81.4% | 84.5% | 88.2% | 88.2% | 89.0% | 93.2% | 89.0% | 91.8% | 92.2% | 92.3% | 91.2% | 93.8% | 95.0% | 94.6% | 95.4% | 95.3% | 95.0% |
| — | +2.4% | +0.4% | -0.2% | -8.6% | -9.3% | -0.9% | -3.9% | -3.5% | +1.0% | -2.4% | -2.2% | -2.9% | -2.4% | -4.4% | -1.6% | +0.1% | +0.8% | +3.4% | +4.1% | +6.2% | |
| Operating Margin | 74.2% | 76.0% | 78.0% | 77.0% | 70.5% | 73.4% | 76.6% | 76.6% | 76.7% | 73.4% | 77.3% | 78.1% | 80.3% | 80.4% | 74.9% | 71.7% | 81.4% | 84.8% | 86.1% | 84.4% | 85.5% |
| — | +3.5% | +1.7% | +0.5% | -8.1% | +0.1% | -0.8% | -2.0% | -4.5% | -8.7% | +3.2% | +8.9% | -1.3% | -5.2% | -13.0% | -15.0% | -4.9% | +1.6% | +15.8% | +14.5% | +15.0% | |
| Net Margin | 60.3% | 61.2% | 62.6% | 60.3% | 58.3% | 59.7% | 61.9% | 61.6% | 63.7% | 61.4% | 66.5% | 65.7% | 67.9% | 66.8% | 62.5% | 59.1% | 65.3% | 67.9% | 67.4% | 66.4% | 53.7% |
| — | +2.5% | +1.0% | -2.0% | -8.5% | -2.8% | -6.9% | -6.3% | -6.1% | -8.1% | +6.4% | +11.1% | +3.9% | -1.6% | -7.3% | -11.0% | +21.6% | +0.2% | +13.4% | +11.7% | -10.9% |
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 37.2% | 9.6% | 9.5% | 9.5% | 8.7% | 9.1% | 9.3% | 10.3% | 10.8% | 9.4% | 9.8% | 10.6% | 11.3% | 11.4% | 11.7% | 10.8% | 13.4% | 19.0% | 17.3% | 14.2% | 12.6% |
| — | +5.6% | +2.4% | -8.1% | -19.5% | -3.3% | -5.4% | -2.4% | -3.8% | -17.2% | -15.9% | -2.2% | -15.6% | -40.0% | -32.5% | -23.8% | +5.8% | +30.1% | +61.1% | +41.7% | +41.5% | |
| ROA | 33.5% | 8.7% | 8.5% | 8.5% | 7.8% | 8.3% | 8.4% | 9.3% | 9.8% | 8.6% | 8.9% | 9.5% | 10.1% | 10.1% | 10.3% | 9.4% | 11.7% | 16.3% | 14.7% | 12.1% | 10.8% |
| — | +5.1% | +1.2% | -8.7% | -19.8% | -3.3% | -5.4% | -2.1% | -3.5% | -15.7% | -13.3% | +0.3% | -13.4% | -37.7% | -30.0% | -21.8% | +7.9% | +29.2% | +60.4% | +43.1% | +41.8% | |
| ROIC | 42.1% | 10.8% | 10.4% | 10.2% | 10.2% | 14.0% | 14.5% | 14.9% | 16.7% | 23.0% | 33.5% | 33.8% | 31.9% | 32.3% | 34.9% | 31.3% | 34.6% | 45.9% | 47.8% | 41.9% | 41.4% |
| — | -22.9% | -28.0% | -31.4% | -39.0% | -39.2% | -56.8% | -55.8% | -47.7% | -28.9% | -4.1% | +7.7% | -7.8% | -29.5% | -27.0% | -25.2% | -16.5% | +33.6% | +90.7% | +85.4% | +106.4% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | — | — | 0.00 | — | — | — | 0.00 | — | — | — | 0.00 | — | — | — | 0.00 |
| — | -30.0% | — | — | +5443.5% | — | — | — | -64.3% | — | — | — | -55.6% | — | — | — | +14.1% | — | — | — | -46.9% | |
| Debt / EBITDA | 0.05 | 0.07 | 0.07 | 0.08 | 0.19 | 0.10 | — | — | 0.00 | — | — | — | 0.01 | — | — | — | 0.02 | — | — | — | 0.01 |
| — | -34.4% | — | — | +6325.9% | — | — | — | -65.4% | — | — | — | -44.7% | — | — | — | +38.7% | — | — | — | -67.8% | |
| Current Ratio | 4.40 | 5.41 | 4.55 | 4.23 | 4.40 | 9.75 | 11.64 | 7.05 | 8.33 | 9.95 | 17.16 | 11.10 | 13.68 | 11.82 | 11.29 | 9.28 | 11.15 | 9.75 | 7.16 | 7.46 | 7.80 |
| — | -44.5% | -60.9% | -40.0% | -47.2% | -2.0% | -32.2% | -36.5% | -39.1% | -15.8% | +51.9% | +19.7% | +22.7% | +21.2% | +57.6% | +24.3% | +43.0% | -2.4% | -31.9% | -32.8% | -7.3% | |
| Quick Ratio | 4.40 | 5.41 | 4.55 | 4.23 | 4.40 | 9.75 | 11.64 | 7.05 | 8.33 | 9.95 | 17.16 | 11.10 | 13.68 | 9.87 | 9.30 | 7.84 | 9.22 | 7.95 | 5.67 | 6.15 | 6.18 |
| — | -44.5% | -60.9% | -40.0% | -47.2% | -2.0% | -32.2% | -36.5% | -39.1% | +0.8% | +84.5% | +41.5% | +48.4% | +24.3% | +64.0% | +27.6% | +49.1% | +4.2% | -25.9% | -22.2% | +9.1% | |
| Interest Coverage | 885.53 | 215.47 | 200.07 | 186.04 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying TPL stock.
Texas Pacific Land Corporation's current P/E is 32.0x. The average P/E over the last 4 quarters is 45.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Texas Pacific Land Corporation's current operating margin is 74.2%. Margins have been expanding 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 Texas Pacific Land Corporation's business trajectory between earnings reports.