Texas Pacific Land Corporation (TPL)
NYSE: TPL · Real-Time Price · USD
281.42
+6.79 (2.47%)
At close: Nov 11, 2026, 4:00 PM EST
282.61
+1.19 (0.42%)
After-hours: Nov 11, 2026, 7:30 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 | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Operating Revenue | 967.85 | 798.19 | 705.82 | 631.6 | 667.42 | 450.96 |
| 967.85 | 798.19 | 705.82 | 631.6 | 667.42 | 450.96 | |
Revenue Growth | 25.30% | 13.09% | 11.75% | -5.37% | 48.00% | 49.05% |
Cost of Revenue | 57.2 | 53.53 | 46.12 | 33.57 | 17.46 | 13.23 |
Gross Profit | 910.65 | 744.66 | 659.7 | 598.03 | 649.96 | 437.73 |
Selling, General & Admin | 94.41 | 80.83 | 82.91 | 89.32 | 63.06 | 58.82 |
Other Operating Expenses | 7.76 | 8.26 | 7.3 | 7.39 | 8.85 | 0.14 |
Operating Expenses | 177.62 | 151.63 | 115.37 | 111.46 | 87.29 | 75.22 |
Operating Income | 733.03 | 593.03 | 544.33 | 486.57 | 562.67 | 362.51 |
Interest Expense | -3.64 | -0.69 | - | - | - | - |
Interest & Investment Income | 9.95 | 17.97 | 32.14 | 28.63 | 6.21 | 0.08 |
Other Non Operating Income (Expenses) | 0.08 | 0.02 | 2.35 | 0.96 | -0.02 | 0.43 |
EBT Excluding Unusual Items | 739.42 | 610.33 | 578.82 | 516.16 | 568.86 | 363.02 |
Other Unusual Items | - | - | - | 1.4 | - | - |
Pretax Income | 739.42 | 610.33 | 578.82 | 517.56 | 568.86 | 363.02 |
Income Tax Expense | 151.87 | 128.95 | 124.86 | 111.92 | 122.49 | 93.04 |
Net Income | 587.55 | 481.38 | 453.96 | 405.65 | 446.36 | 269.98 |
Net Income to Common | 587.55 | 481.38 | 453.96 | 405.65 | 446.36 | 269.98 |
Net Income Growth | 23.33% | 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 | -0.02% | -0.05% | -0.17% | -0.52% | -0.33% | -0.05% |
EPS (Basic) | 8.52 | 6.98 | 6.58 | 5.87 | 6.42 | 3.87 |
EPS (Diluted) | 8.51 | 6.97 | 6.57 | 5.86 | 6.42 | 3.87 |
EPS Growth | 23.33% | 6.09% | 12.12% | -8.72% | 65.91% | 53.44% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | 569.09 | 486.38 | 460.98 | 403.26 | 427.94 | 249.62 |
Free Cash Flow Per Share | 8.24 | 7.05 | 6.67 | 5.83 | 6.15 | 3.58 |
Dividend Per Share | 2.330 | 2.130 | 1.700 | 1.440 | 1.333 | 1.222 |
Dividend Growth | 9.39% | 25.29% | 18.06% | 8.00% | 9.09% | - |
Gross Margin | 94.09% | 93.29% | 93.47% | 94.69% | 97.38% | 97.07% |
Operating Margin | 75.74% | 74.30% | 77.12% | 77.04% | 84.30% | 80.39% |
Profit Margin | 60.71% | 60.31% | 64.32% | 64.22% | 66.88% | 59.87% |
Free Cash Flow Margin | 58.80% | 60.93% | 65.31% | 63.85% | 64.12% | 55.35% |
EBITDA | 808.47 | 655.57 | 569.49 | 501.32 | 578.05 | 378.76 |
EBITDA Margin | 83.53% | 82.13% | 80.69% | 79.37% | 86.61% | 83.99% |
D&A For EBITDA | 75.45 | 62.53 | 25.16 | 14.76 | 15.38 | 16.26 |
EBIT | 733.03 | 593.03 | 544.33 | 486.57 | 562.67 | 362.51 |
EBIT Margin | 75.74% | 74.30% | 77.12% | 77.04% | 84.30% | 80.39% |
Effective Tax Rate | 20.54% | 21.13% | 21.57% | 21.62% | 21.53% | 25.63% |
Revenue as Reported | 967.85 | 798.19 | 705.82 | 631.6 | 667.42 | 450.96 |