Texas Pacific Land Statistics
Total Valuation
TPL has a market cap or net worth of $30.63 billion. The enterprise value is $30.50 billion.
| Market Cap | 30.63B |
| Enterprise Value | 30.50B |
Important Dates
The next estimated earnings date is Wednesday, May 6, 2026, after market close.
| Earnings Date | May 6, 2026 |
| Ex-Dividend Date | Mar 2, 2026 |
Share Statistics
TPL has 68.94 million shares outstanding. The number of shares has decreased by -0.05% in one year.
| Current Share Class | 68.94M |
| Shares Outstanding | 68.94M |
| Shares Change (YoY) | -0.05% |
| Shares Change (QoQ) | -0.01% |
| Owned by Insiders (%) | 0.17% |
| Owned by Institutions (%) | 71.86% |
| Float | 58.72M |
Valuation Ratios
The trailing PE ratio is 63.74 and the forward PE ratio is 50.25.
| PE Ratio | 63.74 |
| Forward PE | 50.25 |
| PS Ratio | 38.37 |
| Forward PS | 30.32 |
| PB Ratio | 20.99 |
| P/TBV Ratio | 21.48 |
| P/FCF Ratio | 62.97 |
| P/OCF Ratio | 56.10 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 46.52, with an EV/FCF ratio of 62.71.
| EV / Earnings | 63.36 |
| EV / Sales | 38.21 |
| EV / EBITDA | 46.52 |
| EV / EBIT | 51.43 |
| EV / FCF | 62.71 |
Financial Position
The company has a current ratio of 4.40, with a Debt / Equity ratio of 0.01.
| Current Ratio | 4.40 |
| Quick Ratio | 4.27 |
| Debt / Equity | 0.01 |
| Debt / EBITDA | 0.03 |
| Debt / FCF | 0.04 |
| Interest Coverage | 859.47 |
Financial Efficiency
Return on equity (ROE) is 37.15% and return on invested capital (ROIC) is 42.80%.
| Return on Equity (ROE) | 37.15% |
| Return on Assets (ROA) | 25.82% |
| Return on Invested Capital (ROIC) | 42.80% |
| Return on Capital Employed (ROCE) | 38.24% |
| Weighted Average Cost of Capital (WACC) | 8.27% |
| Revenue Per Employee | $8.06M |
| Profits Per Employee | $4.86M |
| Employee Count | 99 |
| Asset Turnover | 0.56 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, TPL has paid $128.95 million in taxes.
| Income Tax | 128.95M |
| Effective Tax Rate | 21.13% |
Stock Price Statistics
The stock price has decreased by -1.49% in the last 52 weeks. The beta is 0.73, so TPL's price volatility has been lower than the market average.
| Beta (5Y) | 0.73 |
| 52-Week Price Change | -1.49% |
| 50-Day Moving Average | 460.22 |
| 200-Day Moving Average | 349.96 |
| Relative Strength Index (RSI) | 34.84 |
| Average Volume (20 Days) | 491,466 |
Short Selling Information
The latest short interest is 1.53 million, so 2.22% of the outstanding shares have been sold short.
| Short Interest | 1.53M |
| Short Previous Month | 1.63M |
| Short % of Shares Out | 2.22% |
| Short % of Float | 2.61% |
| Short Ratio (days to cover) | 13.07 |
Income Statement
In the last 12 months, TPL had revenue of $798.19 million and earned $481.38 million in profits. Earnings per share was $6.97.
| Revenue | 798.19M |
| Gross Profit | 744.66M |
| Operating Income | 593.03M |
| Pretax Income | 610.33M |
| Net Income | 481.38M |
| EBITDA | 655.57M |
| EBIT | 593.03M |
| Earnings Per Share (EPS) | $6.97 |
Balance Sheet
The company has $144.81 million in cash and $17.79 million in debt, with a net cash position of $127.02 million or $1.84 per share.
| Cash & Cash Equivalents | 144.81M |
| Total Debt | 17.79M |
| Net Cash | 127.02M |
| Net Cash Per Share | $1.84 |
| Equity (Book Value) | 1.46B |
| Book Value Per Share | 21.16 |
| Working Capital | 246.72M |
Cash Flow
In the last 12 months, operating cash flow was $545.91 million and capital expenditures -$59.53 million, giving a free cash flow of $486.38 million.
| Operating Cash Flow | 545.91M |
| Capital Expenditures | -59.53M |
| Depreciation & Amortization | 62.53M |
| Net Borrowing | n/a |
| Free Cash Flow | 486.38M |
| FCF Per Share | $7.05 |
Margins
Gross margin is 93.29%, with operating and profit margins of 74.30% and 60.31%.
| Gross Margin | 93.29% |
| Operating Margin | 74.30% |
| Pretax Margin | 76.46% |
| Profit Margin | 60.31% |
| EBITDA Margin | 82.13% |
| EBIT Margin | 74.30% |
| FCF Margin | 60.94% |
Dividends & Yields
This stock pays an annual dividend of $2.40, which amounts to a dividend yield of 0.54%.
| Dividend Per Share | $2.40 |
| Dividend Yield | 0.54% |
| Dividend Growth (YoY) | -57.53% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 31.56% |
| Buyback Yield | 0.05% |
| Shareholder Yield | 0.59% |
| Earnings Yield | 1.57% |
| FCF Yield | 1.59% |
Analyst Forecast
The average price target for TPL is $639.00, which is 43.84% higher than the current price. The consensus rating is "Buy".
| Price Target | $639.00 |
| Price Target Difference | 43.84% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Stock Splits
The last stock split was on December 23, 2025. It was a forward split with a ratio of 3:1.
| Last Split Date | Dec 23, 2025 |
| Split Type | Forward |
| Split Ratio | 3:1 |
Scores
TPL has an Altman Z-Score of 95.67 and a Piotroski F-Score of 4.
| Altman Z-Score | 95.67 |
| Piotroski F-Score | 4 |