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Texas Pacific Land TPL Shares (Diluted)

Shares (Diluted) at other companies

MTD
Matador ResourcesMTDR
124.2M-0.2%
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Range ResourcesRRC
236.2M-1.5%
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24.2M+0.1%
WBI
WaterBridge InfrastructureWBI
48.8M
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World KinectWKC
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Antero Midstream Corporation logo
Antero Midstream CorporationAM
477.1M-1.1%

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

Reported directly by Texas Pacific Land in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding.

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

Filed
Aug 5, 2026, 4:18 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001811074-26-000058
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total comprehensive income$153,572$116,101$296,115$236,714
Net income per share of common stock
Basic$2.23$1.68$4.30$3.43
Diluted$2.23$1.68$4.30$3.43
Weighted average number of shares of common stock outstanding
Basic68,974,58068,961,97868,966,83968,952,087
Diluted69,034,58069,040,74069,019,38069,026,862
Cash dividends per share of common stock$0.60$0.53$1.20$1.06

Item 1. Financial Statements (unaudited)

FAQ

What is Texas Pacific Land's shares (diluted)?
Texas Pacific Land (TPL) reported shares (diluted) of 69M in Q2 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 4 years (2021 to 2025), Texas Pacific Land's shares (diluted) has grown at a 65.0% compound annual growth rate (CAGR), from 31M to 230.1M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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