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Texas Pacific Land Corp

TPL

$340.77 ▼ -16.24 (-4.55%) at close

9 Visible periods

30 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Excellent

Bullish

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Analytical Summary

Texas Pacific Land Corp shows strong fundamentals with top-quartile Return on Common Equity (%) and Profit Margin (%). The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $23.5B

Dividend Yield 0.63%

Revenue Growth 13.1% ↗

Op. Margin 74.2% ↘

ROIC 32.0% ↘

FCF / Share $7.92 ↗

Trailing P/E 48.8x

Price / Book 16.1x

FCF Yield 2.3%

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

9-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$798.19M

↑ +13.1% —

Net Income Profit after all expenses

$481.38M

↑ +6.0% —

Operating Margin Operating profit as % of sales

74.2%

↓ -2.9% 99th

FCF / Share Free cash flow per share

$7.92

↑ +11.3% —

trending_up

Bullish Indicators

Operating Margin (%)Operating Margin (%) is in the top quartile
Profit Margin (%)Profit Margin (%) is in the top quartile
Return on Common Equity (%)Return on Common Equity (%) is in the top quartile

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability →

Returns ↓

Cash Quality ↑

Dividend History

Dividend / share · sourced from SEC filings

$2.13 Latest / share

-50.8% YoY

+38.2% 5-yr CAGR

FY 2017

FY 2018

$0.58

FY 2019

$3.33

FY 2020

$3.67

FY 2021

FY 2022

$4.33

FY 2023

FY 2024

$2.13

FY 2025

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Revenue Growth YoY (%)	13.1% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+162%)	11.8% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+135%)	-5.4% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-207%)	48.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+860%)	49.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+881%)	-38.3% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-866%)	63.4% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1168%)	—	—
EPS Growth YoY (%)	6.1% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	-62.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-8.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	65.9% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	53.4% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-44.8% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—
Net Income Growth YoY (%)	6.0% Fair ↓ Fair Declining Year-over-year change in net income	11.9% Fair ↓ Fair Declining Year-over-year change in net income	-9.1% Weak ↓ Weak Declining Year-over-year change in net income	65.3% Excellent ↑ Excellent Improving Year-over-year change in net income	53.4% Excellent ↑ Excellent Improving Year-over-year change in net income	-44.8% Weak Weak Year-over-year change in net income	52.0% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	11.3% Fair ↑ Fair Improving Year-over-year change in free cash flow	-60.8% Weak ↓ Weak Declining Year-over-year change in free cash flow	-6.0% Weak ↓ Weak Declining Year-over-year change in free cash flow	80.5% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	23.2% Good Good Year-over-year change in free cash flow	-35.0% Weak Weak Year-over-year change in free cash flow	—	—	—
Revenue CAGR 3Y (%)	6.1% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	16.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	27.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	10.8% Good Good Compound annual revenue growth over 3 years	14.5% Good Good Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	21.4% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	7.6% Fair Fair Compound annual revenue growth over 5 years	16.0% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	-28.7% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-17.2% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	32.5% Excellent Excellent Compound annual EPS growth over 3 years	12.0% Good Good Compound annual EPS growth over 3 years	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Operating Margin (%) (%)	74.2% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+395%)	76.4% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+409%)	77.0% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+413%)	84.3% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+462%)	80.4% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+436%)	71.8% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+379%)	81.5% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+443%)	86.9% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+479%)	—
Effective Tax Rate (%) (%)	21.1% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.6% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.6% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.5% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	25.6% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	19.9% Good → Good Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	20.8% Good Good Actual taxes paid relative to pre-tax income Optimal: 15-25%	19.9% Good Good Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	60.3% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+654%)	64.3% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+704%)	64.2% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+703%)	66.9% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+736%)	59.9% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+648%)	58.2% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+627%)	65.0% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+712%)	69.9% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+773%)	—
FCF Margin (%) (%)	68.4% Excellent → Excellent Stable Free cash flow as a percentage of revenue Optimal: > 10%	69.5% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	66.2% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	67.0% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	55.2% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	66.7% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	63.3% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	49.2% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	1.13x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	1.08x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	1.03x Fair → Fair Stable Free cash flow relative to reported net income Optimal: > 1x	1.00x Fair → Fair Stable Free cash flow relative to reported net income Optimal: > 1x	0.92x Caution → Caution Stable Free cash flow relative to reported net income Optimal: > 1x	1.15x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.97x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.70x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Return on Invested Capital (%)	32.0% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	37.3% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	36.5% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	57.1% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	41.4% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	35.9% Excellent ↓ Excellent Declining Return earned on debt + equity capital invested Optimal: > 10%	61.8% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	85.4% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	36.5% Excellent ↓ Excellent Declining Operating profit relative to total assets Optimal: > 10%	43.2% Excellent ↓ Excellent Declining Operating profit relative to total assets Optimal: > 10%	42.0% Excellent ↓ Excellent Declining Operating profit relative to total assets Optimal: > 10%	64.1% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	47.4% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	38.0% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	—	—	—
Return on Common Equity (%) (%)	33.0% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+175%)	40.1% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+234%)	38.9% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+224%)	57.8% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+381%)	41.4% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+245%)	36.3% Excellent ↓ Excellent Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+202%)	62.2% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+419%)	85.7% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+614%)	—

⚖️ Is the balance sheet risky? 1 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Net Debt (USD)	$-144.81M	$-369.83M	$-725.17M	$-510.83M	$-428.24M	$-281.05M	—	—	—

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Revenue per Share (USD)	$11.58	$10.24	$27.41	$28.81	$19.39	$13.00	$21.08	—	—
Basic EPS, GAAP (USD)	$6.98	$6.58	$17.60	$19.27	$11.61	$7.57	$13.70	—	—
Free Cash Flow per Share (USD)	$7.92	$7.12	$18.15	$19.30	$10.70	$8.68	$13.35	—	—
Dividend per Share (USD)	$2.13	—	$4.33	—	$3.67	$3.33	$0.58	—	—
Book Value per Share (USD)	$21.16	$16.43	$45.34	$33.48	$28.05	$20.85	$22.01	—	—
Tangible Book Value per Share (USD)	$20.69	$15.92	$44.43	$33.48	$28.05	$20.85	$22.01	—	—
Basic Weighted Avg Shares (shares)	68.95M	68.96M	23.04M	23.17M	23.26M	23.27M	23.27M	—	—
Dividend Payout Ratio (%)	—	—	24.6% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—	—	—	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Working Capital (USD)	$246.72M	$456.81M	$818.08M	$593.81M	$475.61M	$311.15M	—	—	—
Total Equity (USD)	$1.46B	$1.13B	$1.04B	$772.89M	$651.71M	$485.18M	$512.14M	$244.69M	$105.10M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Sales/Revenue/Turnover (USD)	$798.19M	$705.82M	$631.60M	$667.42M	$450.96M	$302.56M	$490.50M	$300.22M	—
Depreciation Expense (USD)	$62.53M	$25.16M	$14.76M	$15.38M	$16.26M	$14.39M	$8.91M	$2.58M	—
Net Income, GAAP (USD)	$481.38M	$453.96M	$405.64M	$446.36M	$269.98M	$176.05M	$318.73M	$209.74M	—
Operating Cash Flow (USD)	$545.91M	$490.67M	$418.29M	$447.15M	$265.16M	$207.04M	$342.79M	$195.45M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 9 years · 28 quarters

Texas Pacific Land Corp

Analytical Summary

9-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Dividend History

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