Texas Pacific Land Corporation (TPL)
NYSE: TPL · Real-Time Price · USD
397.23
+26.41 (7.12%)
Jun 3, 2026, 12:20 PM EDT - Market open
Texas Pacific Land Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Property Revenue | 839.03 | 798.19 | 705.82 | 631.6 | 667.42 | 450.96 |
| 839.03 | 798.19 | 705.82 | 631.6 | 667.42 | 450.96 | |
Revenue Growth (YoY) | 15.30% | 13.09% | 11.75% | -5.37% | 48.00% | 49.05% |
Property Expenses | 56.69 | 53.53 | 46.12 | 33.57 | 17.46 | 13.23 |
Total Property Expenses | 56.69 | 53.53 | 46.12 | 33.57 | 17.46 | 13.23 |
Property Taxes | 8.61 | 8.26 | 7.3 | 7.39 | 8.85 | 0.14 |
Gross Profit | 773.73 | 736.4 | 652.4 | 590.64 | 641.11 | 437.58 |
Selling, General & Admin | 84.68 | 81.71 | 88.1 | 89.83 | 63.42 | 58.93 |
Depreciation & Amortization Expenses | 64.64 | 62.53 | 25.16 | 14.76 | 15.38 | 16.26 |
Operating Income | 624.42 | 592.16 | 539.14 | 486.05 | 562.31 | 362.39 |
Interest Expense | -1.68 | -0.69 | - | - | - | - |
Other Non-Operating Income (Expense) | 16.77 | 18.86 | 39.68 | 31.51 | 6.55 | 0.62 |
Total Non-Operating Income (Expense) | 15.08 | 18.17 | 39.68 | 31.51 | 6.55 | 0.62 |
Pretax Income | 639.5 | 610.33 | 578.82 | 517.56 | 568.86 | 363.02 |
Provision for Income Taxes | 135.87 | 128.95 | 124.86 | 111.92 | 122.49 | 93.04 |
Net Income | 503.63 | 481.38 | 453.96 | 405.65 | 446.36 | 269.98 |
Net Income to Common | 503.63 | 481.38 | 453.96 | 405.65 | 446.36 | 269.98 |
Net Income Growth | 9.44% | 6.04% | 11.91% | -9.12% | 65.33% | 53.35% |
Shares Outstanding (Basic) | 69 | 69 | 69 | 69 | 69 | 70 |
Shares Outstanding (Diluted) | 69 | 69 | 69 | 69 | 70 | 70 |
Shares Change (YoY) | -0.01% | -0.05% | -0.17% | -0.52% | -0.33% | -0.05% |
EPS (Basic) | 7.30 | 6.98 | 6.58 | 5.87 | 6.42 | 3.87 |
EPS (Diluted) | 7.30 | 6.97 | 6.57 | 5.86 | 6.42 | 3.87 |
EPS Growth | 9.55% | 6.09% | 12.12% | -8.72% | 65.89% | 53.44% |
Shares Outstanding | 68.97 | 68.94 | 68.92 | 69.02 | 69.26 | 69.7 |
Free Cash Flow | 457.33 | 450.43 | 459.5 | 382.94 | 427.3 | 249.08 |
Free Cash Flow Growth | 1.53% | -1.97% | 19.99% | -10.38% | 71.55% | 25.81% |
Free Cash Flow Per Share | 6.63 | 6.53 | 6.65 | 5.54 | 6.14 | 3.57 |
Dividends Per Share | 2.200 | 2.130 | 1.700 | 1.440 | 1.333 | 1.222 |
Dividend Growth | 3.29% | 25.29% | 18.06% | 8.00% | 9.09% | - |
Gross Margin | 92.22% | 92.26% | 92.43% | 93.52% | 96.06% | 97.03% |
Operating Margin | 74.42% | 74.19% | 76.38% | 76.96% | 84.25% | 80.36% |
Profit Margin | 60.03% | 60.31% | 64.32% | 64.23% | 66.88% | 59.87% |
FCF Margin | 54.51% | 56.43% | 65.10% | 60.63% | 64.02% | 55.23% |
EBITDA | 689.05 | 654.69 | 564.3 | 500.81 | 577.68 | 378.65 |
EBITDA Margin | 82.13% | 82.02% | 79.95% | 79.29% | 86.55% | 83.97% |
EBIT | 624.42 | 592.16 | 539.14 | 486.05 | 562.31 | 362.39 |
EBIT Margin | 74.42% | 74.19% | 76.38% | 76.96% | 84.25% | 80.36% |
Effective Tax Rate | 21.25% | 21.13% | 21.57% | 21.62% | 21.53% | 25.63% |