Texas Pacific Land Statistics
Total Valuation
TPL has a market cap or net worth of $25.46 billion. The enterprise value is $25.23 billion.
| Market Cap | 25.46B |
| Enterprise Value | 25.23B |
Important Dates
The last earnings date was Wednesday, August 5, 2026, after market close.
| Earnings Date | Aug 5, 2026 |
| Ex-Dividend Date | Sep 1, 2026 |
Share Statistics
TPL has 68.97 million shares outstanding. The number of shares has decreased by -0.03% in one year.
| Current Share Class | 68.97M |
| Shares Outstanding | 68.97M |
| Shares Change (YoY) | -0.03% |
| Shares Change (QoQ) | +0.04% |
| Owned by Insiders (%) | 0.36% |
| Owned by Institutions (%) | 74.10% |
| Float | 58.87M |
Valuation Ratios
The trailing PE ratio is 47.08 and the forward PE ratio is 37.57.
| PE Ratio | 47.08 |
| Forward PE | 37.57 |
| PS Ratio | 28.36 |
| Forward PS | 23.70 |
| PB Ratio | 15.22 |
| P/TBV Ratio | 15.52 |
| P/FCF Ratio | 48.34 |
| P/OCF Ratio | 42.21 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 34.02, with an EV/FCF ratio of 47.90.
| EV / Earnings | 46.60 |
| EV / Sales | 28.11 |
| EV / EBITDA | 34.02 |
| EV / EBIT | 37.43 |
| EV / FCF | 47.90 |
Financial Position
The company has a current ratio of 4.55, with a Debt / Equity ratio of 0.01.
| Current Ratio | 4.55 |
| Quick Ratio | 4.50 |
| Debt / Equity | 0.01 |
| Debt / EBITDA | 0.02 |
| Debt / FCF | 0.03 |
| Interest Coverage | 253.86 |
Financial Efficiency
Return on equity (ROE) is 36.57% and return on invested capital (ROIC) is 38.54%.
| Return on Equity (ROE) | 36.57% |
| Return on Assets (ROA) | 25.81% |
| Return on Invested Capital (ROIC) | 38.54% |
| Return on Capital Employed (ROCE) | 38.18% |
| Weighted Average Cost of Capital (WACC) | 7.65% |
| Revenue Per Employee | $9.07M |
| Profits Per Employee | $5.47M |
| Employee Count | 99 |
| Asset Turnover | 0.55 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, TPL has paid $142.79 million in taxes.
| Income Tax | 142.79M |
| Effective Tax Rate | 20.87% |
Stock Price Statistics
The stock price has increased by +18.10% in the last 52 weeks. The beta is 0.62, so TPL's price volatility has been lower than the market average.
| Beta (5Y) | 0.62 |
| 52-Week Price Change | +18.10% |
| 50-Day Moving Average | 384.37 |
| 200-Day Moving Average | 393.04 |
| Relative Strength Index (RSI) | 48.00 |
| Average Volume (20 Days) | 337,197 |
Short Selling Information
The latest short interest is 4.35 million, so 6.31% of the outstanding shares have been sold short.
| Short Interest | 4.35M |
| Short Previous Month | 4.29M |
| Short % of Shares Out | 6.31% |
| Short % of Float | 7.39% |
| Short Ratio (days to cover) | 12.68 |
Income Statement
In the last 12 months, TPL had revenue of $897.54 million and earned $541.42 million in profits. Earnings per share was $7.84.
| Revenue | 897.54M |
| Gross Profit | 837.73M |
| Operating Income | 674.01M |
| Pretax Income | 684.21M |
| Net Income | 541.42M |
| EBITDA | 741.59M |
| EBIT | 674.01M |
| Earnings Per Share (EPS) | $7.84 |
Balance Sheet
The company has $248.61 million in cash and $18.02 million in debt, with a net cash position of $230.60 million or $3.34 per share.
| Cash & Cash Equivalents | 248.61M |
| Total Debt | 18.02M |
| Net Cash | 230.60M |
| Net Cash Per Share | $3.34 |
| Equity (Book Value) | 1.67B |
| Book Value Per Share | 24.25 |
| Working Capital | 334.32M |
Cash Flow
In the last 12 months, operating cash flow was $603.15 million and capital expenditures -$76.46 million, giving a free cash flow of $526.70 million.
| Operating Cash Flow | 603.15M |
| Capital Expenditures | -76.46M |
| Depreciation & Amortization | 67.58M |
| Net Borrowing | n/a |
| Free Cash Flow | 526.70M |
| FCF Per Share | $7.64 |
Margins
Gross margin is 93.34%, with operating and profit margins of 75.10% and 60.32%.
| Gross Margin | 93.34% |
| Operating Margin | 75.10% |
| Pretax Margin | 76.23% |
| Profit Margin | 60.32% |
| EBITDA Margin | 82.62% |
| EBIT Margin | 75.10% |
| FCF Margin | 58.68% |
Dividends & Yields
This stock pays an annual dividend of $2.40, which amounts to a dividend yield of 0.65%.
| Dividend Per Share | $2.40 |
| Dividend Yield | 0.65% |
| Dividend Growth (YoY) | 9.38% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 30.61% |
| Buyback Yield | 0.03% |
| Shareholder Yield | 0.68% |
| Earnings Yield | 2.13% |
| FCF Yield | 2.07% |
Analyst Forecast
The average price target for TPL is $442.00, which is 19.75% higher than the current price. The consensus rating is "Hold".
| Price Target | $442.00 |
| Price Target Difference | 19.75% |
| 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 | |
| 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 83.46 and a Piotroski F-Score of 5.
| Altman Z-Score | 83.46 |
| Piotroski F-Score | 5 |