Stock Analysis
Texas Pacific Land CorporationTPL
P/E 44.71×· 5Y range 22.70–88.74×· 56th percentile of history
Sector: Financial Services · Industry: Oil Royalty Traders
AnalystsStrong Buy8 analystsP/E 44.7× sits at the 56th percentile of its 5.086926762491444-year history.
Cash covers 1380% of debt · Q2 2026.
PMP Verdict
High quality, fairly valued
Strengths
- Profitability100
- Financial Health100
Strong fundamentals at a reasonable valuation.
Bull Case
- ✓Altman Z 78.9 — safe-zone balance sheet
- ✓ROE 32.4% — efficient capital deployment
- ✓Revenue CAGR 15.3% — durable top-line growth
- ✓Interest coverage 885.5× — debt well covered
Profile
Strong profitability, financial health, moat and growth; valuation lags behind.
How is each axis scored?
- Valuation22/100 · Weak
- P/E vs own history (56th pct)12/25
- FCF yield (2.2%)5/25
- P/S (26.9x)0/25
- EV/EBIT (35.6x)5/25
- Growth80/100 · Strong
- Revenue CAGR (15.3%)20/25
- Net income CAGR (15.6%)20/25
- EPS CAGR 5Y (15.9%)20/25
- Fwd implied growth (25.8%)20/25
- Profitability100/100 · Strong
- ROIC (36.8%)25/25
- ROE (32.4%)25/25
- Net margin (60.3%)25/25
- Operating margin (74.9%)25/25
- Financial Health100/100 · Strong
- Altman Z (78.86)25/25
- Current ratio (4.55)25/25
- Interest coverage (885.5x)25/25
- Net cash / debt (Net cash)25/25
- Quality69/100 · Moderate
- Piotroski F (4/9)10/25
- Beneish M (-5.72)25/25
- FCF conversion (97%)22/25
- Margin stability (σ 9.8%)12/25
- Moat100/100 · Strong
- ROIC >12% years (6/6 yrs)25/25
- Median gross margin (76.7%)25/25
- FCF-positive years (5/5 yrs)25/25
- Worst-year net margin (worst 58.2%)25/25
About Texas Pacific Land Corporation
Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. Show more
The group operates its business in two reportable segments: Land and Resource Management and Water Service and Operations. The Land and Resource Management segment, which generates maximum revenue, focuses on managing its several surface acres of land and its oil and gas royalty interests, principally concentrated in the Permian Basin. The revenue streams of this segment consist of royalties from oil and gas, revenues from easements and commercial leases, and land and material sales. The Water Services and Operations segment encompasses the business of providing a full-service water offering to operators in the Permian Basin.
Headquarters: DALLAS, TX · Employees: 114 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
22EP/E (TTM)44.6xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 22.7x–88.7x · 56th pct
P/FCF80.2xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield2.2%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 1.7%–2.3% · 81st pct
P/S (TTM)26.90xD
Grade D: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 14.8x–58.0x · 50th pct
EV/EBIT35.6xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 33.0x–46.0x · 18th pct
EV/Sales26.5xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E35.4xD
Grade D: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio14.43xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio2.62C
Grade C: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield0.65%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio28.9%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
100A+ROIC36.8%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE32.4%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA32.0%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin60.3%A
Grade A: HighNet Income / Revenue
Operating Margin74.9%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin74.9%A
Grade A: PremiumGross Profit / Revenue
FCF Margin58.7%A
Grade A: HighFCF / Revenue
True FCF Margin56.8%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
80ARevenue CAGR15.3%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR15.6%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)15.9%A
Grade A: HighCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth25.8%C
Grade C: MedAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-1.2%B
Grade B: FlatShare count change over 5Y
SBC / Net Income3.1%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue1.9%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
100A+Altman Z-Score78.86A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio4.55xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio4.50xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage885.5xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt RepaymentNet CashA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBITNet CashA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.01xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt13.80xA
Grade A: CoveredCash covers how much of total debt. >1 = could repay all debt from cash
Quality
69BPiotroski F-Score4/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-5.72A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion97.3%A
Grade A: StrongFCF / Net Income
Margin Stability9.8%C
Grade C: AverageEBIT margin std deviation. Lower = stable
Capex / Revenue8.5%C
Grade C: AverageTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.53xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
HORIZON KINETICS ASSET MANAGEMENT LLC Filed | HORIZON KINETICS ASSET MANAGEMENT LLC | BuyOpen market buy | +4 | |
HORIZON KINETICS ASSET MANAGEMENT LLC Filed | HORIZON KINETICS ASSET MANAGEMENT LLC | BuyOpen market buy | +1 | |
HORIZON KINETICS ASSET MANAGEMENT LLC Filed | HORIZON KINETICS ASSET MANAGEMENT LLC | BuyOpen market buy | +1 | |
HORIZON KINETICS ASSET MANAGEMENT LLC Filed | HORIZON KINETICS ASSET MANAGEMENT LLC | BuyOpen market buy | +1 | |
HORIZON KINETICS ASSET MANAGEMENT LLC Filed | HORIZON KINETICS ASSET MANAGEMENT LLC | BuyOpen market buy | +1 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
HORIZON KINETICS ASSET MANAGEMENT LLC Filed | HORIZON KINETICS ASSET MANAGEMENT LLC | BuyOpen market buy | +1 | |
HORIZON KINETICS ASSET MANAGEMENT LLC Filed | HORIZON KINETICS ASSET MANAGEMENT LLC | BuyOpen market buy | +1 | |
HORIZON KINETICS ASSET MANAGEMENT LLC Filed | HORIZON KINETICS ASSET MANAGEMENT LLC | BuyOpen market buy | +1 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
100A+ROIC >12% Years6/6 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)76.7%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years5/5 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor58.2%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$7.85
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$3.60
Cash & short-term investments per share (Finnhub)
Book Value / Share$24.25
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$18.02M
Total debt obligations (short + long term)
Cash & Equiv.$248.61M
Cash and short-term investments
Net Debt$-230.60MA
Grade A: Net CashTotal Debt minus Cash. Negative = Net Cash position
Total Equity$1.67B
Shareholders' equity (book value)
Asset / Liability9.94xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$24.14B
Current Market Capitalization
Beta0.60B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 16, 2026
Key Insights: Texas Pacific Land Corporation (TPL)
TPL is up 1.27% at the last close. Piotroski F-Score of 4/9 indicates mixed fundamentals for Texas Pacific Land Corporation. Altman Z-Score of 78.86 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -5.72 suggests a low likelihood of earnings manipulation. Revenue has compounded at roughly 15% annually, with net income growing about 16% per year — a strong growth profile.
- Texas Pacific Land Corporation converts about 59% of revenue into free cash flow — strong cash generation.
- Company is effectively debt-free after netting cash.
- At a valuation score of 22/100, TPL trades at a premium to its historical multiples (P/E 44.6).
- Return on equity of 32.4% is well above the market average.
See how TPL ranks on the Capex Tracker — top 50 capital spenders compared.
No significant market moves for TPL in the last 30 days.
See TPL move history →Frequently Asked Questions about TPL
What is the current Texas Pacific Land Corporation (TPL) stock price?
TPL is trading at $350.92 at the last market close, up 1.27% on the session. PreMarketPrice tracks TPL pre-market, intraday and after-hours prices.
Is TPL stock a buy right now?
PreMarketPrice's quantitative model rates Texas Pacific Land Corporation's financial health at 100/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is TPL stock overvalued?
Texas Pacific Land Corporation trades at a trailing P/E of 44.6 and our valuation score rates it 22/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Texas Pacific Land Corporation report earnings?
No confirmed earnings date is currently scheduled for TPL. The Earnings section lists recent reports and updates as dates are announced.
What sector does Texas Pacific Land Corporation operate in?
Texas Pacific Land Corporation operates in the Financial Services sector, within the Oil Royalty Traders industry. The Related Stocks section lists sector peers for comparison.
What does Texas Pacific Land Corporation do?
Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned.
About Texas Pacific Land Corporation (TPL) Stock
Texas Pacific Land Corporation (TPL) is a US-listed stock operating in the Financial Services sector, specifically the Oil Royalty Traders industry. As of the latest update, Texas Pacific Land Corporation is trading at $350.92, up 1.27% on the day with a market capitalization of $24.1 billion. The financial health score for TPL is 100/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for TPL stock.
TPL Stock Analysis & Key Metrics
On PreMarketPrice, you can track Texas Pacific Land Corporation (TPL) across multiple dimensions:
- Pre-market price & movement: Real-time TPL stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for TPL with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Texas Pacific Land Corporation across multiple reporting periods.
- Financial health score: A composite score of 100/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for TPL.
- Sector peers: Compare TPL against 4 other financial services stocks on key financial metrics.
Is TPL a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Texas Pacific Land Corporation (TPL) as an investment. The financial health score of 100/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Texas Pacific Land Corporation (TPL) trades on NYSE. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.