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Texas Pacific Land TPL Asset turnover

Asset turnover at other companies

DML
Dorchester MineralsDMLP
0.6×-0.1×
Black Stone Minerals logo
Black Stone MineralsBSM
0.4×+0.1×
MTD
Matador ResourcesMTDR
0.3×-0.1×
Permian Resources logo
Permian ResourcesPR
0.3×0.0×
Range Resources logo
Range ResourcesRRC
0.5×+0.1×
Natural Resource Partners logo
Natural Resource PartnersNRP
0.3×0.0×

Other financials

Income statement

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Revenue$246.1M+31.2%
Operating income$191.8M+33.4%
Net income$153.9M+32.5%
EPS (diluted)$2.23+32.7%

Balance sheet

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Cash & equivalents$248.6M-54.3%
Total debt$18.0M
Total equity$1.7B+29.7%
Total assets$1.9B+32.4%

Cash flow

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Operating cash flow$172.9M+43.0%
CapEx$426.0K
Free cash flow$90.2M

Valuation

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Market cap$26.34B+20.5%
Enterprise value$26.11B
P/E48.7×+1.3×
P/S29.4×-0.1×

Profitability

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Operating margin74.9%-1.0pp
Net margin60.3%-1.8pp
FCF margin58.6%

Returns & leverage

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Return on equity36.6%-0.4pp
Debt / equity
Current ratio4.6×-10.2×

Where this comes from

Calculated from Texas Pacific Land’s reported figures.

Based on trailing twelve months.

The source filing: Texas Pacific Land’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 4:18 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001811074-26-000058

FAQ

What is Texas Pacific Land's asset turnover?
Texas Pacific Land (TPL) reported asset turnover of 0.5× in Q2 2026.
How has Texas Pacific Land's asset turnover changed year-over-year?
Texas Pacific Land's asset turnover increased by 0.7% year-over-year, from 0.5× to 0.5×.
What is the long-term trend for Texas Pacific Land's asset turnover?
Over 5 years (2020 to 2025), Texas Pacific Land's asset turnover has grown at a 1.5% compound annual growth rate (CAGR), from 0.5× to 0.6×.
What does asset turnover mean?
Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.

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