Texas Pacific Land Corporation (TPL)

NYSE: TPL · Real-Time Price · USD

499.88

+13.32 (2.74%)

At close: Feb 20, 2026, 4:00 PM EST

502.00

+2.12 (0.42%)

After-hours: Feb 20, 2026, 7:56 PM EST

Texas Pacific Land Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	798.19	705.82	631.6	667.42	450.96
Revenue	798.19	705.82	631.6	667.42	450.96
Revenue Growth (YoY)	13.09%	11.75%	-5.37%	48.00%	49.05%
Cost of Revenue	53.53	46.12	33.57	17.46	13.23
Gross Profit	744.66	659.7	598.03	649.96	437.73
Selling, General & Admin	80.83	82.91	89.32	63.06	58.82
Other Operating Expenses	8.26	7.3	7.39	8.85	0.14
Operating Expenses	151.63	115.37	111.46	87.29	75.22
Operating Income	593.03	544.33	486.57	562.67	362.51
Interest Expense	-0.69	-	-	-	-
Interest & Investment Income	17.97	32.14	28.63	6.21	0.08
Other Non Operating Income (Expenses)	0.02	2.35	0.96	-0.02	0.43
EBT Excluding Unusual Items	610.33	578.82	516.16	568.86	363.02
Other Unusual Items	-	-	1.4	-	-
Pretax Income	610.33	578.82	517.56	568.86	363.02
Income Tax Expense	128.95	124.86	111.92	122.49	93.04
Net Income	481.38	453.96	405.65	446.36	269.98
Net Income to Common	481.38	453.96	405.65	446.36	269.98
Net Income Growth	6.04%	11.91%	-9.12%	65.33%	53.35%
Shares Outstanding (Basic)	69	69	69	69	70
Shares Outstanding (Diluted)	69	69	69	70	70
Shares Change (YoY)	-0.05%	-0.17%	-0.52%	-0.33%	-0.05%
EPS (Basic)	6.98	6.58	5.87	6.42	3.87
EPS (Diluted)	6.97	6.57	5.86	6.42	3.87
EPS Growth	6.09%	12.12%	-8.72%	65.91%	53.44%
Free Cash Flow	486.38	460.98	403.26	427.94	249.62
Free Cash Flow Per Share	7.05	6.67	5.83	6.15	3.58
Dividend Per Share	2.130	1.700	1.440	1.333	1.222
Dividend Growth	25.29%	18.06%	8.00%	9.09%	-
Gross Margin	93.29%	93.47%	94.69%	97.38%	97.07%
Operating Margin	74.30%	77.12%	77.04%	84.30%	80.39%
Profit Margin	60.31%	64.32%	64.22%	66.88%	59.87%
Free Cash Flow Margin	60.93%	65.31%	63.85%	64.12%	55.35%
EBITDA	655.57	569.49	501.32	578.05	378.76
EBITDA Margin	82.13%	80.69%	79.37%	86.61%	83.99%
D&A For EBITDA	62.53	25.16	14.76	15.38	16.26
EBIT	593.03	544.33	486.57	562.67	362.51
EBIT Margin	74.30%	77.12%	77.04%	84.30%	80.39%
Effective Tax Rate	21.13%	21.57%	21.62%	21.53%	25.63%
Revenue as Reported	798.19	705.82	631.6	667.42	450.96

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q