Texas Pacific Land Corporation (TPL)

Texas Pacific Land Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	19,800	25,409	12,068	18,061	9,674	5,639
Market Cap Growth	-28.12%	110.55%	-33.18%	86.69%	71.57%	-6.94%
Enterprise Value	19,286	24,876	11,416	17,615	9,304	5,326
Last Close Price	287.22	366.40	170.17	251.72	131.59	75.95
PE Ratio	41.63	55.97	29.75	40.46	35.83	32.03
PS Ratio	25.64	36.00	19.11	27.06	21.45	18.64
PB Ratio	14.47	22.44	11.57	23.37	14.84	11.62
P/TBV Ratio	14.84	23.16	11.81	23.37	14.84	11.62
P/FCF Ratio	38.47	55.12	29.93	42.21	38.76	27.92
P/OCF Ratio	35.43	51.79	28.85	40.39	36.48	27.24
EV/Sales Ratio	24.97	35.24	18.08	26.39	20.63	17.60
EV/EBITDA Ratio	30.00	43.68	22.77	30.47	24.56	22.97
EV/EBIT Ratio	32.64	45.70	23.46	31.31	25.67	24.49
EV/FCF Ratio	37.47	53.97	28.31	41.16	37.27	26.37
Debt / Equity Ratio	0.01	0.00	0.00	0.00	0.00	0.00
Debt / EBITDA Ratio	0.03	0.00	0.00	0.00	0.00	0.01
Debt / FCF Ratio	0.03	0.00	0.00	0.01	0.01	0.01
Asset Turnover	0.57	0.59	0.62	0.81	0.68	0.52
Quick Ratio	9.71	10.66	19.24	15.53	10.28	15.40
Current Ratio	10.86	10.81	19.43	16.00	10.34	15.56
Return on Equity (ROE)	39.37%	41.73%	44.67%	62.67%	47.49%	35.30%
Return on Assets (ROA)	27.35%	28.30%	29.90%	42.85%	33.92%	23.23%
Return on Capital (ROIC)	30.29%	31.24%	33.43%	49.25%	39.74%	27.11%
Return on Capital Employed (ROCE)	40.60%	45.30%	43.80%	67.20%	50.80%	39.50%
Earnings Yield	2.41%	1.79%	3.36%	2.47%	2.79%	3.12%
FCF Yield	2.60%	1.81%	3.34%	2.37%	2.58%	3.58%
Dividend Yield	0.74%	0.46%	0.85%	0.53%	0.93%	-
Payout Ratio	30.92%	25.88%	24.64%	20.73%	31.58%	44.06%
Buyback Yield / Dilution	0.02%	0.17%	0.52%	0.33%	0.05%	0.00%
Total Shareholder Return	0.76%	0.64%	1.37%	0.86%	0.98%	0.00%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q