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 5, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	21,258	25,409	12,068	18,061	9,674	1,880
Market Cap Growth	-34.85%	110.55%	-33.18%	86.69%	414.70%	-6.94%
Enterprise Value	20,744	24,876	11,416	17,615	9,304	1,567
Last Close Price	925.08	1099.20	510.51	755.17	394.77	227.86
PE Ratio	44.69	55.97	29.75	40.46	35.83	10.68
PS Ratio	27.52	36.00	19.11	27.06	21.45	6.21
PB Ratio	15.54	22.44	11.57	23.37	14.84	3.87
P/TBV Ratio	15.93	23.16	11.81	23.37	14.84	3.87
P/FCF Ratio	41.30	55.12	29.93	42.21	38.76	9.31
P/OCF Ratio	38.04	51.79	28.85	40.39	36.48	9.08
EV/Sales Ratio	26.86	35.24	18.08	26.39	20.63	5.18
EV/EBITDA Ratio	32.26	43.68	22.77	30.47	24.56	6.76
EV/EBIT Ratio	35.11	45.70	23.46	31.31	25.67	7.21
EV/FCF Ratio	40.30	53.97	28.31	41.16	37.27	7.76
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	2.24%	1.79%	3.36%	2.47%	2.79%	9.37%
FCF Yield	2.42%	1.81%	3.34%	2.37%	2.58%	10.75%
Dividend Yield	0.69%	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	0.71%	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