Texas Pacific Land TPL Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 74.4%+0.2pp | 74.2%-1.6pp | 75.8%-0.1pp | 75.9%-0.1pp | 76%-0.4pp | |
| Net margin | 60%-0.3pp | 60.3%-1.4pp | 61.7%-0.5pp | 62.2%-1.1pp | 63.2%-1.1pp | |
| Returns | ||||||
| Return on equity | 36.5%-0.7pp | 37.2%-2.2pp | 39.4%+2.4pp | 37%-2.5pp | 39.5%-2.2pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×0.0× | 0.6×0.0× | 0.6×0.0× | 0.5×0.0× | 0.6×0.0× | |
| Liquidity | ||||||
| Current ratio | 4.2×-0.2× | 4.4×-6.5× | 10.9×-3.9× | 14.8×+7.0× | 7.8×-3.0× | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×— | —— | —— | |
| Net debt / EBITDA | -0.3×-0.1× | -0.2×+0.6× | -0.8×— | —— | —— | |
| Per Share | ||||||
| Book value per share | $22.55+6.7% | $21.14-64.4% | $59.45+6.1% | $56.01+220% | $17.48+6.6% | |
| Valuation | ||||||
| Market capitalization | $32.72B+65.2% | $19.8B-7.7% | $21.45B-11.9% | $24.37B-20.0% | $30.45B+19.9% | |
| Price / earnings | 65×+23.8× | 41.1×-3.9× | 45×-7.7× | 52.8×-13.4× | 66.2×+10.2× | |
| Price / sales | 39×+14.2× | 24.8×-3.0× | 27.8×-5.0× | 32.8×-9.1× | 41.9×+5.9× | |
| Price / book | 21×+7.5× | 13.6×-2.1× | 15.7×-3.2× | 18.9×-6.3× | 25.2×+2.8× | |
| EV / EBITDA | 47.1×+17.1× | 30×-2.8× | 32.8×— | —— | —— | |
| Dividend yield | 0.5%-0.3pp | 0.7%+0.1pp | 0.7%-0.8pp | 1.5%+0.3pp | 1.2%-0.2pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Texas Pacific Land's ratios come from?
- Every ratio is computed from Texas Pacific Land's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
