Texas Pacific Land Statistics
Total Valuation
TPL has a market cap or net worth of $26.03 billion. The enterprise value is $25.50 billion.
| Market Cap | 26.03B |
| Enterprise Value | 25.50B |
Important Dates
The next estimated earnings date is Wednesday, February 19, 2025, after market close.
| Earnings Date | Feb 19, 2025 |
| Ex-Dividend Date | Dec 2, 2024 |
Share Statistics
TPL has 22.97 million shares outstanding. The number of shares has decreased by -0.29% in one year.
| Current Share Class | 22.97M |
| Shares Outstanding | 22.97M |
| Shares Change (YoY) | -0.29% |
| Shares Change (QoQ) | -0.01% |
| Owned by Insiders (%) | 0.13% |
| Owned by Institutions (%) | 68.17% |
| Float | 19.35M |
Valuation Ratios
The trailing PE ratio is 58.14.
| PE Ratio | 58.14 |
| Forward PE | n/a |
| PS Ratio | 37.95 |
| Forward PS | 32.41 |
| PB Ratio | 24.75 |
| P/TBV Ratio | 25.61 |
| P/FCF Ratio | 57.26 |
| P/OCF Ratio | 54.75 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 46.49, with an EV/FCF ratio of 56.08.
| EV / Earnings | 56.83 |
| EV / Sales | 37.13 |
| EV / EBITDA | 46.49 |
| EV / EBIT | 48.03 |
| EV / FCF | 56.08 |
Financial Position
The company has a current ratio of 12.37, with a Debt / Equity ratio of 0.00.
| Current Ratio | 12.37 |
| Quick Ratio | 11.45 |
| Debt / Equity | 0.00 |
| Debt / EBITDA | 0.00 |
| Debt / FCF | 0.00 |
| Interest Coverage | 589.97 |
Financial Efficiency
Return on equity (ROE) is 44.50% and return on invested capital (ROIC) is 32.87%.
| Return on Equity (ROE) | 44.50% |
| Return on Assets (ROA) | 29.43% |
| Return on Capital (ROIC) | 32.87% |
| Revenue Per Employee | $6.94M |
| Profits Per Employee | $4.53M |
| Employee Count | 99 |
| Asset Turnover | 0.61 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, TPL has paid $124.27 million in taxes.
| Income Tax | 124.27M |
| Effective Tax Rate | 21.69% |
Stock Price Statistics
The stock price has increased by +108.89% in the last 52 weeks. The beta is 1.64, so TPL's price volatility has been higher than the market average.
| Beta (5Y) | 1.64 |
| 52-Week Price Change | +108.89% |
| 50-Day Moving Average | 1,278.36 |
| 200-Day Moving Average | 861.40 |
| Relative Strength Index (RSI) | 36.58 |
| Average Volume (20 Days) | 480,800 |
Short Selling Information
The latest short interest is 1.31 million, so 5.69% of the outstanding shares have been sold short.
| Short Interest | 1.31M |
| Short Previous Month | 1.27M |
| Short % of Shares Out | 5.69% |
| Short % of Float | 6.75% |
| Short Ratio (days to cover) | 3.65 |
Income Statement
In the last 12 months, TPL had revenue of $686.70 million and earned $448.71 million in profits. Earnings per share was $19.49.
| Revenue | 686.70M |
| Gross Profit | 640.48M |
| Operating Income | 530.97M |
| Pretax Income | 572.50M |
| Net Income | 448.71M |
| EBITDA | 548.54M |
| EBIT | 530.97M |
| Earnings Per Share (EPS) | $19.49 |
Balance Sheet
The company has $533.91 million in cash and $953,000 in debt, giving a net cash position of $532.96 million or $23.20 per share.
| Cash & Cash Equivalents | 533.91M |
| Total Debt | 953,000 |
| Net Cash | 532.96M |
| Net Cash Per Share | $23.20 |
| Equity (Book Value) | 1.05B |
| Book Value Per Share | 45.79 |
| Working Capital | 651.64M |
Cash Flow
In the last 12 months, operating cash flow was $475.53 million and capital expenditures -$20.85 million, giving a free cash flow of $454.68 million.
| Operating Cash Flow | 475.53M |
| Capital Expenditures | -20.85M |
| Free Cash Flow | 454.68M |
| FCF Per Share | $19.79 |
Margins
Gross margin is 93.27%, with operating and profit margins of 77.32% and 65.34%.
| Gross Margin | 93.27% |
| Operating Margin | 77.32% |
| Pretax Margin | 83.44% |
| Profit Margin | 65.34% |
| EBITDA Margin | 79.88% |
| EBIT Margin | 77.32% |
| FCF Margin | 66.21% |
Dividends & Yields
This stock pays an annual dividend of $6.40, which amounts to a dividend yield of 0.56%.
| Dividend Per Share | $6.40 |
| Dividend Yield | 0.56% |
| Dividend Growth (YoY) | 71.69% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 32.84% |
| Buyback Yield | 0.29% |
| Shareholder Yield | 0.86% |
| Earnings Yield | 1.72% |
| FCF Yield | 1.75% |
Analyst Forecast
The average price target for TPL is $694.17, which is -38.74% lower than the current price. The consensus rating is "Buy".
| Price Target | $694.17 |
| Price Target Difference | -38.74% |
| 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 75.28 and a Piotroski F-Score of 4.
| Altman Z-Score | 75.28 |
| Piotroski F-Score | 4 |