Texas Pacific Land Statistics
Total Valuation
TPL has a market cap or net worth of $19.41 billion. The enterprise value is $19.06 billion.
| Market Cap | 19.41B |
| Enterprise Value | 19.06B |
Important Dates
The last earnings date was Wednesday, November 4, 2026, after market close.
| Earnings Date | Nov 4, 2026 |
| Ex-Dividend Date | Dec 1, 2026 |
Share Statistics
TPL has 68.97 million shares outstanding. The number of shares has decreased by -0.02% in one year.
| Current Share Class | 68.97M |
| Shares Outstanding | 68.97M |
| Shares Change (YoY) | -0.02% |
| Shares Change (QoQ) | +0.00% |
| Owned by Insiders (%) | 0.36% |
| Owned by Institutions (%) | 74.25% |
| Float | 58.87M |
Valuation Ratios
The trailing PE ratio is 33.07 and the forward PE ratio is 27.71.
| PE Ratio | 33.07 |
| Forward PE | 27.71 |
| PS Ratio | 20.06 |
| Forward PS | 17.27 |
| PB Ratio | 10.77 |
| P/TBV Ratio | 10.96 |
| P/FCF Ratio | 34.11 |
| P/OCF Ratio | 30.29 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 23.57, with an EV/FCF ratio of 33.49.
| EV / Earnings | 32.44 |
| EV / Sales | 19.69 |
| EV / EBITDA | 23.57 |
| EV / EBIT | 26.00 |
| EV / FCF | 33.49 |
Financial Position
The company has a current ratio of 5.41, with a Debt / Equity ratio of 0.01.
| Current Ratio | 5.41 |
| Quick Ratio | 5.27 |
| Debt / Equity | 0.01 |
| Debt / EBITDA | 0.02 |
| Debt / FCF | 0.03 |
| Interest Coverage | 201.60 |
Financial Efficiency
Return on equity (ROE) is 37.07% and return on invested capital (ROIC) is 40.28%.
| Return on Equity (ROE) | 37.07% |
| Return on Assets (ROA) | 26.08% |
| Return on Invested Capital (ROIC) | 40.28% |
| Return on Capital Employed (ROCE) | 38.87% |
| Weighted Average Cost of Capital (WACC) | 7.45% |
| Revenue Per Employee | $8.49M |
| Profits Per Employee | $5.15M |
| Employee Count | 114 |
| Asset Turnover | 0.55 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, TPL has paid $151.87 million in taxes.
| Income Tax | 151.87M |
| Effective Tax Rate | 20.54% |
Stock Price Statistics
The stock price has decreased by -15.05% in the last 52 weeks. The beta is 0.58, so TPL's price volatility has been lower than the market average.
| Beta (5Y) | 0.58 |
| 52-Week Price Change | -15.05% |
| 50-Day Moving Average | 340.34 |
| 200-Day Moving Average | 399.74 |
| Relative Strength Index (RSI) | 30.57 |
| Average Volume (20 Days) | 433,436 |
Short Selling Information
The latest short interest is 4.23 million, so 6.14% of the outstanding shares have been sold short.
| Short Interest | 4.23M |
| Short Previous Month | 4.24M |
| Short % of Shares Out | 6.14% |
| Short % of Float | 7.19% |
| Short Ratio (days to cover) | 11.28 |
Income Statement
In the last 12 months, TPL had revenue of $967.85 million and earned $587.55 million in profits. Earnings per share was $8.51.
| Revenue | 967.85M |
| Gross Profit | 910.65M |
| Operating Income | 733.03M |
| Pretax Income | 739.42M |
| Net Income | 587.55M |
| EBITDA | 808.47M |
| EBIT | 733.03M |
| Earnings Per Share (EPS) | $8.51 |
Balance Sheet
The company has $369.56 million in cash and $17.69 million in debt, with a net cash position of $351.87 million or $5.10 per share.
| Cash & Cash Equivalents | 369.56M |
| Total Debt | 17.69M |
| Net Cash | 351.87M |
| Net Cash Per Share | $5.10 |
| Equity (Book Value) | 1.80B |
| Book Value Per Share | 26.13 |
| Working Capital | 451.07M |
Cash Flow
In the last 12 months, operating cash flow was $640.93 million and capital expenditures -$71.84 million, giving a free cash flow of $569.09 million.
| Operating Cash Flow | 640.93M |
| Capital Expenditures | -71.84M |
| Depreciation & Amortization | 75.45M |
| Net Borrowing | n/a |
| Free Cash Flow | 569.09M |
| FCF Per Share | $8.25 |
Margins
Gross margin is 94.09%, with operating and profit margins of 75.74% and 60.71%.
| Gross Margin | 94.09% |
| Operating Margin | 75.74% |
| Pretax Margin | 76.40% |
| Profit Margin | 60.71% |
| EBITDA Margin | 83.53% |
| EBIT Margin | 75.74% |
| FCF Margin | 58.80% |
Dividends & Yields
This stock pays an annual dividend of $2.40, which amounts to a dividend yield of 0.85%.
| Dividend Per Share | $2.40 |
| Dividend Yield | 0.85% |
| Dividend Growth (YoY) | 12.50% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 28.20% |
| FCF Payout Ratio | 29.09% |
| Buyback Yield | 0.02% |
| Shareholder Yield | 0.88% |
| Earnings Yield | 3.02% |
| FCF Yield | 2.93% |
Analyst Forecast
The average price target for TPL is $444.50, which is 57.95% higher than the current price. The consensus rating is "Hold".
| Price Target | $444.50 |
| Price Target Difference | 57.95% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
| Revenue Growth Forecast (3Y) | n/a |
| EPS Growth Forecast (3Y) | n/a |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
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| Graham Formula Value | |
| Graham Formula 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 87.58 and a Piotroski F-Score of 4.
| Altman Z-Score | 87.58 |
| Piotroski F-Score | 4 |