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Texas Pacific Land TPL Debt-to-equity

Debt-to-equity at other companies

Permian Resources logo
Permian ResourcesPR
0.3×-0.1×
Devon Energy logo
Devon EnergyDVN
0.6×-0.1×
Williams Companies logo
Williams CompaniesWMB
2.1×+0.1×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
1.1×+0.1×
Atmos Energy logo
Atmos EnergyATO
0.7×0.0×
Halliburton logo
HalliburtonHAL
0.7×-0.1×

Other financials

Income statement

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Revenue$236.8M+20.8%
Operating income$182.3M+21.5%
Net income$142.9M+18.4%
EPS (diluted)$2.07+18.3%

Balance sheet

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Cash & equivalents$248.2M-46.5%
Total debt$18.0M
Total equity$1.6B+29.0%
Total assets$1.8B+29.4%

Cash flow

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Operating cash flow$162.0M+3.4%

Valuation

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Market cap$24.45B+7.4%
Enterprise value$24.22B
P/E48.6×-0.9×
P/S29.1×-2.1×

Profitability

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Operating margin74.4%-1.6pp
Net margin60%-3.2pp

Returns & leverage

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Return on equity36.5%-3.1pp
Current ratio4.2×-3.6×

Where this comes from

Calculated from Texas Pacific Land’s reported figures.

Based on the most recent quarter.

The official record: Texas Pacific Land’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Texas Pacific Land's debt-to-equity?
Texas Pacific Land (TPL) reported debt-to-equity of 0× in Q1 2026.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.