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Texas Pacific Land Corporation

TPL chart by TradingView
P/E 55.8xP/B 18.1xP/SALES 33.7xEV/EBITDA FCF YIELD

PRICE HISTORY

LIVE · NYSE
TPL chart by TradingView
REVENUE FY2025 ENDED DEC 2025
$0.8B
EBITDA
$0.7B
FREE CASH FLOW
EPS
$6.97
GROSS MARGIN
ROIC
Q2 FY26ENDED JUN 2026HOVERDRAG ACROSS ANY CHART TO SCRUB ALL 24 · 26 QUARTERS SHOWNVALUATIONGROWTHPROFITABILITY & RETURNSCASH & CAPITALBALANCE SHEET

VALUATION

what you pay for a unit of the business7 CHARTS

P / E RATIO (TTM)

55.8x
+423%
LATEST · Q2 FY26
55.8xQ1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26
8.1x66.2x

P / SALES (TTM)

33.7x
+442%
LATEST · Q2 FY26
33.7xQ1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26
5.2x41.9x

P / BOOK

18.1x
+719%
LATEST · Q2 FY26
18.1xQ1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26
2.2x25.3x

EV / EBITDA (TTM)

LATEST · Q2 FY26
Q1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26

EV / REVENUE (TTM)

LATEST · Q2 FY26
Q1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26

FCF YIELD (TTM)

-1.7pp
LATEST · Q2 FY26
Q1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26
4.54%12.96%

DIVIDEND YIELD (TTM)

+2.5pp
LATEST · Q2 FY26
Q1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26
1.84%4.95%

GROWTH

is the business getting bigger5 CHARTS

REVENUE

$0.2B
+155%
LATEST · Q2 FY26
0.2BQ1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26

EBITDA (DERIVED)

$0.2B
+182%
LATEST · Q2 FY26
0.2BQ1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26

NET INCOME

$0.2B
+168%
LATEST · Q2 FY26
0.2BQ1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26

EPS (DILUTED)

$2.23
-10%
LATEST · Q2 FY26
2.23Q1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26

REVENUE GROWTH YOY

31.20%
+44.1pp
LATEST · Q2 FY26
31.20%Q1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26
-17.34%98.08%

PROFITABILITY & RETURNS

what survives to the bottom, and what it earns on capital4 CHARTS

FCF MARGIN

-2.5pp
LATEST · Q2 FY26
Q1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26
43.71%82.31%

RETURN ON CAPITAL

LATEST · Q2 FY26
Q1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26

RETURN ON EQUITY (TTM)

32.37%
-3.9pp
LATEST · Q2 FY26
32.37%Q1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26
32.37%59.03%

MARGIN FUNNEL

every line is a share of the same revenue, so they read on one scale — the gaps are what each layer takes out, and net rises above operating when income arrives from outside the business
GROSS MARGIN
OPERATING MARGIN77.96%
NET MARGIN62.56%
FCF MARGIN
94.6771.0047.3423.670.00OPERNETFCFQ1 FY20Q4 FY20Q3 FY21Q2 FY22Q1 FY23Q4 FY23Q3 FY24Q2 FY25Q2 FY26

CASH & CAPITAL

where the money actually goes5 CHARTS

FREE CASH FLOW

+57%
LATEST · Q2 FY26
Q1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26

STOCK-BASED COMP

$0.0B
+$0.0B
LATEST · Q2 FY26
0.0BQ1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26

CAPITAL EXPENDITURE

+45%
LATEST · Q2 FY26
Q1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26

SHARES OUTSTANDING

0.07B
+197%
LATEST · Q2 FY26
0.07BQ1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26

DIVIDEND / SHARE

$0.60
-44%
LATEST · Q2 FY26
0.60Q1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26

BALANCE SHEET

how much cushion there is3 CHARTS

CASH & EQUIVALENTS

$0.2B
-12%
LATEST · Q2 FY26
0.2BQ1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26

TOTAL DEBT

LATEST · Q2 FY26
Q1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26

DEBT / EBITDA (TTM)

LATEST · Q2 FY26
Q1 FY20Q2 FY21Q3 FY22Q4 FY23Q1 FY25Q2 FY26

OWNERSHIP

10 LARGEST HOLDERS · WHO OWNS THE FLOAT
INSTITUTIONS 74.67%INSIDERS 0.17%OTHER / RETAIL 25.16%1,148 INSTITUTIONAL FILERS
HOLDER% HELDSHARESVALUECHANGE
Horizon Kinetics Asset Management LLC14.52%10.0M$3.41B-3.1%
Blackrock Inc.8.63%6.0M$2.03B-0.0%
Vanguard Capital Management LLC5.49%3.8M$1.29BNEW
State Street Corporation5.49%3.8M$1.29B+5.5%
Vanguard Portfolio Management LLC4.56%3.1M$1.07BNEW
Geode Capital Management, LLC2.37%1.6M$556.4M-7.1%
First Manhattan Co. LLC1.54%1.1M$362.0M+4.9%
SoftVest Advisors, LLC1.54%1.1M$361.8M-10.1%
Morgan Stanley1.40%964K$328.5M+32.5%
Invesco Ltd.0.90%622K$211.9M-27.3%
AS OF 2026-03-31 · MOST RECENT 13F FILINGS
SOURCE → 10-K · 10-Q · 8-K / GUIDANCE · ALL FILINGS
FILING DATA AS OF 2026-08-10. Figures are derived from public SEC EDGAR filings (40most recent quarters shown, Q4 implied as full-year minus Q1-Q3). Valuation multiples use each period’s fiscal period-end close. Live price charts and quotes are provided by TradingView. This page is informational only — it is not investment advice, and figures are not warranted for accuracy. EBITDA is not a GAAP measure; it is derived as operating income + D&A. Verify against the linked source filing before relying on any number here.