Texas Pacific Land Statistics
Total Valuation
TPL has a market cap or net worth of $13.47 billion. The enterprise value is $12.74 billion.
| Market Cap | 13.47B |
| Enterprise Value | 12.74B |
Important Dates
The next confirmed earnings date is Wednesday, May 8, 2024, after market close.
| Earnings Date | May 8, 2024 |
| Ex-Dividend Date | Feb 29, 2024 |
Share Statistics
TPL has 23.01 million shares outstanding. The number of shares has decreased by -0.52% in one year.
| Shares Outstanding | 23.01M |
| Shares Change (YoY) | -0.52% |
| Shares Change (QoQ) | -0.11% |
| Owned by Insiders (%) | 0.82% |
| Owned by Institutions (%) | 68.68% |
| Float | 19.15M |
Valuation Ratios
The trailing PE ratio is 33.66 and the forward PE ratio is 27.90.
| PE Ratio | 33.66 |
| Forward PE | 27.90 |
| PS Ratio | 21.32 |
| Forward PS | 18.95 |
| PB Ratio | 12.91 |
| P/FCF Ratio | 37.25 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 23.94, with an EV/FCF ratio of 35.24.
| EV / Earnings | 31.41 |
| EV / Sales | 20.17 |
| EV / EBITDA | 23.94 |
| EV / EBIT | 24.62 |
| EV / FCF | 35.24 |
Financial Position
The company has a current ratio of 19.43, with a Debt / Equity ratio of 0.00.
| Current Ratio | 19.43 |
| Quick Ratio | 19.24 |
| Debt / Equity | 0.00 |
| Debt / EBITDA | 0.00 |
| Debt / FCF | 0.00 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 43.60% and return on invested capital (ROIC) is 36.48%.
| Return on Equity (ROE) | 43.60% |
| Return on Assets (ROA) | 38.70% |
| Return on Capital (ROIC) | 36.48% |
| Revenue Per Employee | $6.38M |
| Profits Per Employee | $4.10M |
| Employee Count | 99 |
| Asset Turnover | 0.60 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, TPL has paid $111.92 million in taxes.
| Income Tax | 111.92M |
| Effective Tax Rate | 21.62% |
Stock Price Statistics
The stock price has increased by +15.06% in the last 52 weeks. The beta is 1.63, so TPL's price volatility has been higher than the market average.
| Beta (1Y) | 1.63 |
| 52-Week Price Change | +15.06% |
| 50-Day Moving Average | 552.01 |
| 200-Day Moving Average | 557.18 |
| Relative Strength Index (RSI) | 52.66 |
| Average Volume (30 Days) | 75,106 |
Short Selling Information
The latest short interest is 825,692, so 3.59% of the outstanding shares have been sold short.
| Short Interest | 825,692 |
| Short Previous Month | 842,241 |
| Short % of Shares Out | 3.59% |
| Short % of Float | 4.31% |
| Short Ratio (days to cover) | 9.44 |
Income Statement
In the last 12 months, TPL had revenue of $631.60 million and earned $405.65 million in profits. Earnings per share was $17.59.
| Revenue | 631.60M |
| Gross Profit | 547.26M |
| Operating Income | 486.05M |
| Pretax Income | 517.56M |
| Net Income | 405.65M |
| EBITDA | 532.32M |
| EBIT | 517.56M |
| Earnings Per Share (EPS) | $17.59 |
Balance Sheet
The company has $725.17 million in cash and $1.17 million in debt, giving a net cash position of $724.00 million or $31.47 per share.
| Cash & Cash Equivalents | 725.17M |
| Total Debt | 1.17M |
| Net Cash | 724.00M |
| Net Cash Per Share | $31.47 |
| Equity / Book Value | 1.04B |
| Book Value Per Share | 45.35 |
| Working Capital | 818.08M |
Cash Flow
In the last 12 months, operating cash flow was $418.29 million and capital expenditures -$56.75 million, giving a free cash flow of $361.54 million.
| Operating Cash Flow | 418.29M |
| Capital Expenditures | -56.75M |
| Free Cash Flow | 361.54M |
| FCF Per Share | $15.69 |
Margins
Gross margin is 86.65%, with operating and profit margins of 76.96% and 64.23%.
| Gross Margin | 86.65% |
| Operating Margin | 76.96% |
| Pretax Margin | 81.95% |
| Profit Margin | 64.23% |
| EBITDA Margin | 84.28% |
| EBIT Margin | 81.95% |
| FCF Margin | 57.24% |
Dividends & Yields
This stock pays an annual dividend of $14.00, which amounts to a dividend yield of 2.41%.
| Dividend Per Share | $14.00 |
| Dividend Yield | 2.41% |
| Dividend Growth (YoY) | 43.24% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 79.59% |
| Buyback Yield | 0.52% |
| Shareholder Yield | 2.93% |
| Earnings Yield | 3.01% |
| FCF Yield | 2.68% |
Analyst Forecast
The average price target for TPL is $694.17, which is 19.63% higher than the current price. The consensus rating is "Buy".
| Price Target | $694.17 |
| Price Target Difference | 19.63% |
| 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 75.66 and a Piotroski F-Score of 7.
| Altman Z-Score | 75.66 |
| Piotroski F-Score | 7 |