Texas Pacific Land Statistics
Total Valuation
TPL has a market cap or net worth of $27.40 billion. The enterprise value is $25.77 billion.
| Market Cap | 27.40B |
| Enterprise Value | 25.77B |
Important Dates
The last earnings date was Wednesday, May 6, 2026, after market close.
| Earnings Date | May 6, 2026 |
| Ex-Dividend Date | Jun 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) | -0.02% |
| Owned by Insiders (%) | 0.36% |
| Owned by Institutions (%) | 73.72% |
| Float | 58.55M |
Valuation Ratios
The trailing PE ratio is 54.37 and the forward PE ratio is 39.90.
| PE Ratio | 54.37 |
| Forward PE | 39.90 |
| PS Ratio | 30.99 |
| Forward PS | 25.30 |
| PB Ratio | 16.44 |
| P/TBV Ratio | 17.07 |
| P/FCF Ratio | 52.72 |
| P/OCF Ratio | 47.18 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 37.34, with an EV/FCF ratio of 52.25.
| EV / Earnings | 51.18 |
| EV / Sales | 30.72 |
| EV / EBITDA | 37.34 |
| EV / EBIT | 41.20 |
| EV / FCF | 52.25 |
Financial Position
The company has a current ratio of 4.23, with a Debt / Equity ratio of 0.01.
| Current Ratio | 4.23 |
| Quick Ratio | 4.16 |
| Debt / Equity | 0.01 |
| Debt / EBITDA | 0.03 |
| Debt / FCF | 0.04 |
| Interest Coverage | 371.95 |
Financial Efficiency
Return on equity (ROE) is 36.47% and return on invested capital (ROIC) is 37.07%.
| Return on Equity (ROE) | 36.47% |
| Return on Assets (ROA) | 25.19% |
| Return on Invested Capital (ROIC) | 37.07% |
| Return on Capital Employed (ROCE) | 37.95% |
| Weighted Average Cost of Capital (WACC) | 7.97% |
| Revenue Per Employee | $8.48M |
| Profits Per Employee | $5.09M |
| Employee Count | 99 |
| Asset Turnover | 0.54 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, TPL has paid $135.87 million in taxes.
| Income Tax | 135.87M |
| Effective Tax Rate | 21.25% |
Stock Price Statistics
The stock price has increased by +7.08% in the last 52 weeks. The beta is 0.68, so TPL's price volatility has been lower than the market average.
| Beta (5Y) | 0.68 |
| 52-Week Price Change | +7.08% |
| 50-Day Moving Average | 425.77 |
| 200-Day Moving Average | 367.36 |
| Relative Strength Index (RSI) | 46.44 |
| Average Volume (20 Days) | 438,325 |
Short Selling Information
The latest short interest is 4.20 million, so 6.08% of the outstanding shares have been sold short.
| Short Interest | 4.20M |
| Short Previous Month | 4.22M |
| Short % of Shares Out | 6.08% |
| Short % of Float | 7.17% |
| Short Ratio (days to cover) | 11.33 |
Income Statement
In the last 12 months, TPL had revenue of $839.03 million and earned $503.63 million in profits. Earnings per share was $7.29.
| Revenue | 839.03M |
| Gross Profit | 782.34M |
| Operating Income | 625.62M |
| Pretax Income | 639.50M |
| Net Income | 503.63M |
| EBITDA | 690.25M |
| EBIT | 625.62M |
| Earnings Per Share (EPS) | $7.29 |
Balance Sheet
The company has $247.57 million in cash and $17.99 million in debt, with a net cash position of $229.58 million or $3.33 per share.
| Cash & Cash Equivalents | 247.57M |
| Total Debt | 17.99M |
| Net Cash | 229.58M |
| Net Cash Per Share | $3.33 |
| Equity (Book Value) | 1.56B |
| Book Value Per Share | 22.56 |
| Working Capital | 332.16M |
Cash Flow
In the last 12 months, operating cash flow was $551.19 million and capital expenditures -$57.91 million, giving a free cash flow of $493.28 million.
| Operating Cash Flow | 551.19M |
| Capital Expenditures | -57.91M |
| Depreciation & Amortization | 64.64M |
| Net Borrowing | n/a |
| Free Cash Flow | 493.28M |
| FCF Per Share | $7.15 |
Margins
Gross margin is 93.24%, with operating and profit margins of 74.56% and 60.03%.
| Gross Margin | 93.24% |
| Operating Margin | 74.56% |
| Pretax Margin | 76.22% |
| Profit Margin | 60.03% |
| EBITDA Margin | 82.27% |
| EBIT Margin | 74.56% |
| FCF Margin | 58.79% |
Dividends & Yields
This stock pays an annual dividend of $2.40, which amounts to a dividend yield of 0.61%.
| Dividend Per Share | $2.40 |
| Dividend Yield | 0.61% |
| Dividend Growth (YoY) | 13.90% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 31.09% |
| Buyback Yield | 0.03% |
| Shareholder Yield | 0.67% |
| Earnings Yield | 1.94% |
| FCF Yield | 1.90% |
Analyst Forecast
The average price target for TPL is $445.00, which is 12.03% higher than the current price. The consensus rating is "Hold".
| Price Target | $445.00 |
| Price Target Difference | 12.03% |
| 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 80.17 and a Piotroski F-Score of 4.
| Altman Z-Score | 80.17 |
| Piotroski F-Score | 4 |