Texas Pacific Land Statistics
Total Valuation
TPL has a market cap or net worth of $19.40 billion. The enterprise value is $18.88 billion.
| Market Cap | 19.40B |
| Enterprise Value | 18.88B |
Important Dates
The next estimated earnings date is Wednesday, February 18, 2026, after market close.
| Earnings Date | Feb 18, 2026 |
| Ex-Dividend Date | Dec 1, 2025 |
Share Statistics
TPL has 68.94 million shares outstanding. The number of shares has decreased by -0.02% in one year.
| Current Share Class | 68.94M |
| Shares Outstanding | 68.94M |
| Shares Change (YoY) | -0.02% |
| Shares Change (QoQ) | -0.01% |
| Owned by Insiders (%) | 0.17% |
| Owned by Institutions (%) | 71.60% |
| Float | 58.25M |
Valuation Ratios
The trailing PE ratio is 40.78 and the forward PE ratio is 35.92.
| PE Ratio | 40.78 |
| Forward PE | 35.92 |
| PS Ratio | 25.12 |
| Forward PS | 20.80 |
| PB Ratio | 14.18 |
| P/TBV Ratio | 14.54 |
| P/FCF Ratio | 37.69 |
| P/OCF Ratio | 34.71 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 29.37, with an EV/FCF ratio of 36.69.
| EV / Earnings | 39.64 |
| EV / Sales | 24.45 |
| EV / EBITDA | 29.37 |
| EV / EBIT | 31.96 |
| EV / FCF | 36.69 |
Financial Position
The company has a current ratio of 10.86, with a Debt / Equity ratio of 0.01.
| Current Ratio | 10.86 |
| Quick Ratio | 9.71 |
| Debt / Equity | 0.01 |
| Debt / EBITDA | 0.03 |
| Debt / FCF | 0.03 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 39.37% and return on invested capital (ROIC) is 30.29%.
| Return on Equity (ROE) | 39.37% |
| Return on Assets (ROA) | 27.35% |
| Return on Invested Capital (ROIC) | 30.29% |
| Return on Capital Employed (ROCE) | 40.55% |
| Revenue Per Employee | $7.80M |
| Profits Per Employee | $4.81M |
| Employee Count | 99 |
| Asset Turnover | 0.57 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, TPL has paid $133.15 million in taxes.
| Income Tax | 133.15M |
| Effective Tax Rate | 21.84% |
Stock Price Statistics
The stock price has decreased by -31.18% in the last 52 weeks. The beta is 0.94, so TPL's price volatility has been similar to the market average.
| Beta (5Y) | 0.94 |
| 52-Week Price Change | -31.18% |
| 50-Day Moving Average | 302.22 |
| 200-Day Moving Average | 344.48 |
| Relative Strength Index (RSI) | 41.27 |
| Average Volume (20 Days) | 460,615 |
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 | 2.63% |
| Short Ratio (days to cover) | 13.07 |
Income Statement
In the last 12 months, TPL had revenue of $772.40 million and earned $476.39 million in profits. Earnings per share was $6.90.
| Revenue | 772.40M |
| Gross Profit | 727.03M |
| Operating Income | 590.88M |
| Pretax Income | 609.54M |
| Net Income | 476.39M |
| EBITDA | 642.95M |
| EBIT | 590.88M |
| Earnings Per Share (EPS) | $6.90 |
Balance Sheet
The company has $531.81 million in cash and $17.67 million in debt, with a net cash position of $514.14 million or $7.46 per share.
| Cash & Cash Equivalents | 531.81M |
| Total Debt | 17.67M |
| Net Cash | 514.14M |
| Net Cash Per Share | $7.46 |
| Equity (Book Value) | 1.37B |
| Book Value Per Share | 19.84 |
| Working Capital | 669.27M |
Cash Flow
In the last 12 months, operating cash flow was $558.81 million and capital expenditures -$44.12 million, giving a free cash flow of $514.69 million.
| Operating Cash Flow | 558.81M |
| Capital Expenditures | -44.12M |
| Free Cash Flow | 514.69M |
| FCF Per Share | $7.47 |
Margins
Gross margin is 94.13%, with operating and profit margins of 76.50% and 61.68%.
| Gross Margin | 94.13% |
| Operating Margin | 76.50% |
| Pretax Margin | 78.92% |
| Profit Margin | 61.68% |
| EBITDA Margin | 83.24% |
| EBIT Margin | 76.50% |
| FCF Margin | 66.64% |
Dividends & Yields
This stock pays an annual dividend of $2.13, which amounts to a dividend yield of 0.76%.
| Dividend Per Share | $2.13 |
| Dividend Yield | 0.76% |
| Dividend Growth (YoY) | -57.63% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 30.92% |
| Buyback Yield | 0.02% |
| Shareholder Yield | 0.78% |
| Earnings Yield | 2.46% |
| FCF Yield | 2.65% |
Analyst Forecast
The average price target for TPL is $350.00, which is 24.38% higher than the current price. The consensus rating is "Buy".
| Price Target | $350.00 |
| Price Target Difference | 24.38% |
| 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 107.45 and a Piotroski F-Score of 5.
| Altman Z-Score | 107.45 |
| Piotroski F-Score | 5 |