TPL
Texas Pacific Land CorpCompany Information
- Company Name
- Texas Pacific Land Corp
- CIK
- CIK0001811074
- Category
- Large accelerated filer
- Ticker: Exchange
- TPL: NYSE
- Fiscal Year End
- December 31
- Owner Organization
- 01 Energy & Transportation
- SIC
- 6792
- SIC Description
- Oil Royalty Traders
- Ticker
- TPL
SEC filing data through
Insider Sentiment
- Last purchase
- 2026-09-28
- Last sale
- 2026-06-08
- Shares purchased (TTM)
- 1,154
- Shares sold (TTM)
- 3,333
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 50,010,329
- Shares outstanding
- 68,974,580
- Ownership
- 72.51%
Earnings Market Reaction
- Filing date
- 2026-08-05
- Price on filing date
- —
- 1-month reaction
- -4.58%
- 3-month reaction
- …
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Land Surface Rights | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Royalty Interests In Acres1_16 And1_128 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | 0 | - | ||||||
Assets | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 249 | 248 | 145 | 532 | 544 | 460 | 370 | 534 | 895 | 837 | 725 | 654 | ||||||
| Receivables Net Current | 175 | 181 | 165 | 128 | 114 | 138 | 127 | 123 | 119 | 122 | 129 | 126 | ||||||
| Prepaid Expense And Other Assets Current | 5 | 6 | 5 | 78 | 9 | 5 | 5 | 48 | 4 | 5 | 3 | 5 | ||||||
| Escrow Deposit | 0 | 1 | 1 | 0 | 0 | 3 | 2 | 0 | 0 | 0 | 5 | 5 | ||||||
| Prepaid Taxes | 0 | 0 | 4 | - | - | - | 0 | 4 | - | - | 0 | 0 | ||||||
| Assets Current | 428 | 435 | 319 | 737 | 668 | 607 | 503 | 709 | 1,018 | 964 | 862 | 791 | ||||||
| Real Estate Gross At Carrying Value | 289 | 179 | 179 | 179 | 148 | 143 | 143 | 143 | 131 | 130 | 130 | 130 | ||||||
| Property Plant And Equipment Net | 183 | 167 | 165 | 138 | 128 | 128 | 123 | 119 | 96 | 92 | 90 | 87 | ||||||
| Intangible Assets Net Excluding Goodwill | 32 | 32 | 33 | 33 | 34 | 35 | 35 | 36 | 20 | 21 | 21 | 21 | ||||||
Inventory Real Estate | ||||||||||||||||||
| Equity Securities Fv Ni Cost | 50 | 50 | 50 | - | - | - | 0 | - | - | - | - | - | ||||||
| Notes And Loans Receivable Net Noncurrent | 20 | 20 | - | - | - | - | - | - | - | - | - | - | ||||||
| Operating Lease Right Of Use Asset | 13 | 13 | 14 | 14 | - | - | 1 | - | - | - | 2 | - | ||||||
| Other Assets | 23 | 23 | 24 | 18 | 11 | 11 | 10 | 5 | 6 | 6 | 5 | 3 | ||||||
| Assets | 1,859 | 1,751 | 1,623 | 1,525 | 1,405 | 1,353 | 1,248 | 1,176 | 1,316 | 1,259 | 1,156 | 1,079 | ||||||
Liabilities And Stockholders Equity | ||||||||||||||||||
| Accounts Payable And Accrued Liabilities Current | 41 | 41 | 40 | 39 | 27 | 25 | 27 | 41 | 32 | 23 | 23 | 29 | ||||||
| Accrual For Taxes Other Than Income Taxes Current | 5 | 3 | 9 | 8 | 5 | 3 | 8 | 8 | 6 | 4 | 11 | 8 | ||||||
| Accrued Income Taxes Current | 29 | 37 | 4 | 10 | 4 | 37 | 4 | 2 | 1 | 37 | 5 | 4 | ||||||
| Contract With Customer Liability Current | 19 | 22 | 20 | 12 | 9 | 12 | 7 | 7 | 6 | 7 | 6 | 6 | ||||||
| Lines Of Credit Current | 0 | 0 | 0 | - | - | - | 0 | - | - | - | - | - | ||||||
| Liabilities Current | 94 | 103 | 73 | 68 | 45 | 78 | 47 | 57 | 44 | 71 | 44 | 47 | ||||||
| Deferred Income Tax Liabilities Net | 59 | 58 | 54 | 53 | 49 | 48 | 47 | 45 | 43 | 42 | 42 | 40 | ||||||
| Contract With Customer Liability Noncurrent | 18 | 19 | 21 | 20 | 21 | 20 | 21 | 21 | 21 | 23 | 25 | 26 | ||||||
| Operating Lease Liability Noncurrent | 16 | 16 | 16 | 17 | - | - | 0 | - | - | - | 1 | - | ||||||
| Accrued Liabilities Current And Noncurrent | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 2 | ||||||
| Liabilities | 187 | 196 | 164 | 157 | 116 | 147 | 116 | 123 | 109 | 137 | 113 | 115 | ||||||
| Commitments And Contingencies | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Equity | ||||||||||||||||||
| Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Common Stock Value | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Treasury Stock Value | - | - | - | - | - | -145 | -169 | -162 | -158 | -152 | -145 | -134 | ||||||
| Treasury Stock Common Value | -133 | -133 | -151 | -151 | -145 | - | -169 | - | - | - | - | - | ||||||
| Additional Paid In Capital | 7 | 3 | 10 | 7 | 5 | 2 | 20 | 16 | 16 | 13 | 15 | 12 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 2 | ||||||
| Retained Earnings Accumulated Deficit | 1,794 | 1,681 | 1,595 | 1,509 | 1,425 | 1,345 | 1,278 | 1,196 | 1,347 | 1,259 | 1,172 | 1,084 | ||||||
| Stockholders Equity | 1,672 | 1,556 | 1,459 | 1,368 | 1,289 | 1,206 | 1,132 | 1,052 | 1,206 | 1,122 | 1,043 | 965 | ||||||
| Liabilities And Stockholders Equity | 1,859 | 1,751 | 1,623 | 1,525 | 1,405 | 1,353 | 1,248 | 1,176 | 1,316 | 1,259 | 1,156 | 1,079 | ||||||
| Royalty Interests In Acres116 | 0 | 0 | 0 | 0 | 0 | - | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Royalty Interests In Acres128 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Nonparticipating Perpetual Royalty Interest Rate | - | 0 | 0 | - | - | 0 | 0 | - | - | 0 | 0 | - | ||||||
| Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | ||||||
| Preferred Stock Shares Authorized | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | 1 | 1 | ||||||
| Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | ||||||
| Common Stock Shares Authorized | 140 | 140 | 140 | 47 | 47 | 47 | 140 | 47 | 47 | 47 | 47 | 8 | ||||||
| Shares Outstanding | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | ||||||
| Treasury Stock Common Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
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Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
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Start 7-day free trialTexas Pacific Land Corp (TPL) — SEC Financial Statements & Analysis
Texas Pacific Land Corp (TPL) is a oil royalty traders company, incorporated in DE. Texas Pacific Land Corp trades on NYSE as: TPL. Texas Pacific Land Corp (TPL)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-05. Based on that filing, Texas Pacific Land Corp carries a market cap of $30.14B, a P/E ratio of 55.66x, a P/B ratio of 18.02x, a P/S ratio of 33.58x, an enterprise value of $29.89B, and an EV/EBITDA multiple of 40.39x. On profitability, it posts a gross margin of 93.33%, an operating margin of 74.92%, a net margin of 60.32%, a Return on Equity (ROE) of 36.57%, a Return on Assets (ROA) of 33.17%, and a Return on Invested Capital (ROIC) of 48.34%. Per share, it reports EPS of $7.85, diluted EPS of $7.84, free cash flow per share of $6.69, and a dividend per share of $2.27. Over the trailing year, it posted revenue growth of 20.82% year-over-year, net income growth of 17.25% year-over-year, and EPS growth of 17.23% year-over-year. On the balance sheet, it maintains a current ratio of 4.55x, a quick ratio of 4.50x, working capital of $334.32M, a debt-to-equity ratio of 0.11x, a debt ratio of 0.1, an interest coverage ratio of 342.23x, free cash flow of $461.54M (TTM), and net debt of $-248.61M. Figures sourced from SEC EDGAR.
- Market Cap
- $30.14B
- P/E TTM
- 55.66x
- EPS TTM
- $7.85
- P/B TTM
- 18.02x
- ROE TTM
- 36.57%
- ROA TTM
- 33.17%
- Debt To Equity
- 0.11x
- Free Cash Flow TTM
- $461.54M
- Net Revenue TTM Growth 1Y
- 20.82%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Texas Pacific Land Corp in?
Texas Pacific Land Corp (TPL) operates in the Oil Royalty Traders industry.
What exchange does TPL trade on?
Texas Pacific Land Corp (TPL) trades on the NYSE.
Where is Texas Pacific Land Corp incorporated?
Texas Pacific Land Corp is incorporated in DE.
When was Texas Pacific Land Corp (TPL)'s most recent SEC filing?
Texas Pacific Land Corp (TPL)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-05.
What is TPL's market cap?
Texas Pacific Land Corp (TPL) has a market capitalization of $30.14B as of 2026-06-30.
What is TPL's P/E ratio?
Texas Pacific Land Corp (TPL)'s trailing twelve month P/E ratio is 55.66x as of 2026-06-30.
What is TPL's EPS (earnings per share)?
Texas Pacific Land Corp (TPL)'s trailing twelve month EPS is $7.85 as of 2026-06-30.
What is TPL's ROE (return on equity)?
Texas Pacific Land Corp (TPL)'s trailing twelve month Return on Equity (ROE) is 36.57% as of 2026-06-30.
What is TPL's ROA (return on assets)?
Texas Pacific Land Corp (TPL)'s trailing twelve month Return on Assets (ROA) is 33.17% as of 2026-06-30.
What is TPL's ROIC (return on invested capital)?
Texas Pacific Land Corp (TPL)'s trailing twelve month Return on Invested Capital (ROIC) is 48.34% as of 2026-06-30.
What is TPL's EV/EBITDA?
Texas Pacific Land Corp (TPL)'s trailing twelve month EV/EBITDA is 40.39x as of 2026-06-30.