Texas Pacific Land Corporation (TPL) Financial Statements
Historical financial data — 25 statements covering FY2020–FY2025
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. The group operates its business in tw...
Texas Pacific Land Corporation's revenue increased 13.1% year over year, from $705.8M to $798.2M.
Net income increased 6.0% over the same period, from $454.0M to $481.4M.
Over the 5-year period from FY2020 to FY2025, revenue grew by 164% in total.
Total debt increased by 3826.7% to $17.8M.
The debt-to-equity ratio stands at 0.01, indicating a conservative leverage profile.
Operating cash flow grew 11.3% to $545.9M.
Texas Pacific Land Corporation maintains a strong net profit margin of 60.3%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $173.6M+0.7% | $106.6M | $127.3M | $127.3M | $118.6M | $1.18B | $953.0K | $1.05B |
| Q4 FY2024 | $185.8M+7.0% | $118.4M | $142.5M | $142.5M | $126.6M | $1.25B | $453.0K | $1.13B |
| Q1 FY2025 | $196.0M+5.5% | $120.7M | $150.1M | $150.1M | $156.7M | $1.35B | N/A | $1.21B |
| Q2 FY2025 | $187.5M-4.3% | $116.1M | $143.8M | $143.8M | $120.9M | $1.40B | N/A | $1.29B |
| Q3 FY2025 | $203.1M+8.3% | $121.2M | $149.1M | $149.1M | $154.6M | $1.52B | $17.7M | $1.37B |
| Q4 FY2025 | $211.6M+4.2% | $123.3M | $149.2M | $149.2M | $113.7M | $1.62B | $17.8M | $1.46B |
| Q1 FY2026 | $236.8M+11.9% | $142.9M | $182.3M | $182.3M | $162.0M | $1.75B | $18.0M | $1.56B |
| Q2 FY2026 | $246.1M+3.9% | $153.9M | $191.8M | $191.8M | $172.9M | $1.86B | $18.0M | $1.67B |
Balance Sheet Summary (Q2 FY2026)
Texas Pacific Land Corporation (TPL) Financial Statements & Revenue History
Texas Pacific Land Corporation (TPL) is a US-listed stock operating in the Financial Services sector, specifically the Oil Royalty Traders industry trading at $350.00 with a market capitalization of $24. This page provides 25 historical financial statements for Texas Pacific Land Corporation, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Texas Pacific Land Corporation reported revenue of $798 million, representing 13.1% year-over-year growth. The net profit margin of 60.3% reflects strong profitability. The debt-to-equity ratio of 0.01 shows conservative leverage.
TPL Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Texas Pacific Land Corporation's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether TPL is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track TPL's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Texas Pacific Land Corporation converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of TPL's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use TPL Financial Data
Investors use Texas Pacific Land Corporation's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare TPL's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how TPL's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View TPL's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Texas Pacific Land Corporation's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.TPL trades on NYSE. This page is for informational purposes only and is not financial advice.