Earnings Per Share

Shares (Diluted)

Texas Pacific Land Shares (Diluted) increased by 199.9% to 69M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.0%, from 69M to 69M. Over 2 years (FY 2022 to FY 2024), Shares (Diluted) shows an upward trend with a 72.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionEarnings Per Share
CategoryCapital Allocation
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

An increase indicates potential dilution from employee compensation or convertible instruments, which can reduce earnings per share.

Detailed definition

The weighted-average number of common shares outstanding plus the effect of all potentially dilutive securities, such as...

Peer comparison

Standard metric for all public companies; essential for understanding the impact of equity-based compensation.

Metric ID: weighted_shares_diluted

Historical Data

18 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value7.8M7.8M7.7M7.7M7.7M023.1M23.1M23M023M23M23M13K69M23M23M69M
QoQ Change-0.1%-0.1%-0.1%-0.2%-100.0%-0.1%-0.1%-100.0%-0.0%-0.0%-99.9%>999%-66.7%-0.0%+199.9%
YoY Change-0.2%-0.4%+198.3%+198.2%+198.5%-0.3%-0.3%-0.1%+199.8%-0.0%-0.0%-0.0%
Range069M
CAGR+67.2%
Avg YoY Growth+66.1%
Median YoY Growth-0.0%

Frequently Asked Questions

What is Texas Pacific Land's shares (diluted)?
Texas Pacific Land (TPL) reported shares (diluted) of 69M in Q1 2026.
How has Texas Pacific Land's shares (diluted) changed year-over-year?
Texas Pacific Land's shares (diluted) decreased by 0.0% year-over-year, from 69M to 69M.
What is the long-term trend for Texas Pacific Land's shares (diluted)?
Over 2 years (2022 to 2024), Texas Pacific Land's shares (diluted) has grown at a 72.5% compound annual growth rate (CAGR), from 23.2M to 69.1M.
What does shares (diluted) mean?
The average number of shares outstanding including all potential shares that could be created.