Texas Pacific Land Statistics
Total Valuation
TPL has a market cap or net worth of $16.90 billion. The enterprise value is $16.06 billion.
| Market Cap | 16.90B |
| Enterprise Value | 16.06B |
Important Dates
The next estimated earnings date is Wednesday, July 31, 2024, after market close.
| Earnings Date | Jul 31, 2024 |
| Ex-Dividend Date | Jul 1, 2024 |
Share Statistics
TPL has 22.99 million shares outstanding. The number of shares has decreased by -0.32% in one year.
| Shares Outstanding | 22.99M |
| Shares Change (YoY) | -0.32% |
| Shares Change (QoQ) | -0.00% |
| Owned by Insiders (%) | 0.82% |
| Owned by Institutions (%) | 68.90% |
| Float | 21.87M |
Valuation Ratios
The trailing PE ratio is 39.07 and the forward PE ratio is 21.48.
| PE Ratio | 39.07 |
| Forward PE | 21.48 |
| PS Ratio | 25.63 |
| Forward PS | 22.32 |
| PB Ratio | 15.05 |
| P/FCF Ratio | 42.94 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 28.26, with an EV/FCF ratio of 40.81.
| EV / Earnings | 37.05 |
| EV / Sales | 24.36 |
| EV / EBITDA | 28.26 |
| EV / EBIT | 29.03 |
| EV / FCF | 40.81 |
Financial Position
The company has a current ratio of 13.60, with zero debt.
| Current Ratio | 13.60 |
| Quick Ratio | 13.53 |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 43.20% and return on invested capital (ROIC) is 36.10%.
| Return on Equity (ROE) | 43.20% |
| Return on Assets (ROA) | 38.60% |
| Return on Capital (ROIC) | 36.10% |
| Revenue Per Employee | $6.66M |
| Profits Per Employee | $4.38M |
| Employee Count | 99 |
| Asset Turnover | 0.59 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, TPL has paid $119.71 million in taxes.
| Income Tax | 119.71M |
| Effective Tax Rate | 21.64% |
Stock Price Statistics
The stock price has increased by +63.41% in the last 52 weeks. The beta is 1.62, so TPL's price volatility has been higher than the market average.
| Beta (5Y) | 1.62 |
| 52-Week Price Change | +63.41% |
| 50-Day Moving Average | 645.29 |
| 200-Day Moving Average | 575.84 |
| Relative Strength Index (RSI) | 60.47 |
| Average Volume (20 Days) | 317,953 |
Short Selling Information
The latest short interest is 877,738, so 3.82% of the outstanding shares have been sold short.
| Short Interest | 877,738 |
| Short Previous Month | 828,927 |
| Short % of Shares Out | 3.82% |
| Short % of Float | 4.01% |
| Short Ratio (days to cover) | 7.10 |
Income Statement
In the last 12 months, TPL had revenue of $659.38 million and earned $433.49 million in profits. Earnings per share was $18.81.
| Revenue | 659.38M |
| Gross Profit | 567.83M |
| Operating Income | 517.14M |
| Pretax Income | 553.20M |
| Net Income | 433.49M |
| EBITDA | 568.40M |
| EBIT | 553.20M |
| Earnings Per Share (EPS) | $18.81 |
Balance Sheet
The company has $837.10 million in cash and no debt, giving a net cash position of $837.10 million or $36.41 per share.
| Cash & Cash Equivalents | 837.10M |
| Total Debt | n/a |
| Net Cash | 837.10M |
| Net Cash Per Share | $36.41 |
| Equity (Book Value) | 1.12B |
| Book Value Per Share | 48.82 |
| Working Capital | 892.96M |
Cash Flow
In the last 12 months, operating cash flow was $450.76 million and capital expenditures -$57.24 million, giving a free cash flow of $393.52 million.
| Operating Cash Flow | 450.76M |
| Capital Expenditures | -57.24M |
| Free Cash Flow | 393.52M |
| FCF Per Share | $17.11 |
Margins
Gross margin is 86.12%, with operating and profit margins of 78.43% and 65.74%.
| Gross Margin | 86.12% |
| Operating Margin | 78.43% |
| Pretax Margin | 83.90% |
| Profit Margin | 65.74% |
| EBITDA Margin | 86.20% |
| EBIT Margin | 83.90% |
| FCF Margin | 59.68% |
Dividends & Yields
This stock pays an annual dividend of $6.84, which amounts to a dividend yield of 0.93%.
| Dividend Per Share | $6.84 |
| Dividend Yield | 0.93% |
| Dividend Growth (YoY) | 64.08% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 36.35% |
| Buyback Yield | 0.32% |
| Shareholder Yield | 1.25% |
| Earnings Yield | 2.57% |
| FCF Yield | 2.33% |
Analyst Forecast
The average price target for TPL is $694.17, which is -5.56% lower than the current price. The consensus rating is "Buy".
| Price Target | $694.17 |
| Price Target Difference | -5.56% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on March 27, 2024. It was a forward split with a ratio of 3:1.
| Last Split Date | Mar 27, 2024 |
| Split Type | Forward |
| Split Ratio | 3:1 |
Scores
TPL has an Altman Z-Score of 78.38 and a Piotroski F-Score of 6.
| Altman Z-Score | 78.38 |
| Piotroski F-Score | 6 |