Texas Pacific Land Corporation (TPL)
NYSE: TPL · Real-Time Price · USD
358.52
+11.48 (3.31%)
At close: Aug 14, 2026, 4:00 PM EDT
360.00
+1.48 (0.41%)
After-hours: Aug 14, 2026, 6:06 PM EDT

Texas Pacific Land Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
897.54798.19705.82631.6667.42450.96
Revenue Growth
20.82%13.09%11.75%-5.37%48.00%49.05%
Gross Profit
837.73744.66659.7598.03649.96437.73
Operating Income
674.01593.03544.33486.57562.67362.51
Net Income
541.42481.38453.96405.65446.36269.98
Earnings Per Share
7.846.976.575.866.423.87
EPS Growth
17.31%6.09%12.12%-8.72%65.91%53.44%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Land and Resource Management
553.08490.73440.79432.11506.98320.39
Water Services and Operations
344.47307.46265.03199.49160.45130.57
Revenue (Total)
897.54798.19705.82631.6667.42450.96

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
248.61144.81369.84725.17510.83428.24
Total Debt
18.0217.790.451.171.961.45
Net Cash (Debt)
230.6127.02369.38724508.88426.8
Net Cash Growth
-57.61%-65.61%-48.98%42.27%19.23%52.96%
Net Cash Per Share
3.341.845.3510.477.326.12

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
603.15545.91490.67418.29447.15265.16
Capital Expenditures
-76.46-59.53-29.7-15.03-19.21-15.55
Free Cash Flow
526.7486.38460.98403.26427.94249.62
Free Cash Flow Growth
7.62%5.51%14.31%-5.77%71.44%23.60%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
93.34%93.29%93.47%94.69%97.38%97.07%
Operating Margin
75.09%74.30%77.12%77.04%84.30%80.39%
Pretax Margin
76.23%76.46%82.01%81.95%85.23%80.50%
Profit Margin
60.32%60.31%64.32%64.22%66.88%59.87%
FCF Margin
58.68%60.93%65.31%63.85%64.12%55.35%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.4002.1301.7001.4401.3331.222
Dividend Per Share Growth
9.38%25.29%18.06%8.00%9.09%-
Dividend Yield
0.67%0.74%0.46%0.85%0.53%0.93%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
45.7341.1355.9729.7540.4635.83
Forward PE
39.3636.6636.3828.7636.8724.37
P/FCF Ratio
47.0940.7155.1229.9342.2138.76
PS Ratio
27.6424.8136.0019.1127.0621.45