TPL
Texas Pacific Land Corporation
$352.06
▼ 1.0%Updated Aug 7, 11:30 AM ET
TPL at a glance — five pillars scored 0–100 from real filed financials.
Overall: Strong · 75/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▼ Down 1.3% over the last 12 months
Market Cap
$28.09B
P/E
53.96x
Forward P/E (est.)
49.29x
ROE
35.5%
Revenue Growth
15.3%
EPS Growth
9.5%
Profit Margin
60.0%
FCF Yield
14.8%
Debt / Equity
0x
ROIC
30.0%
Interest Coverage
—
Current Ratio
4.23x
Dividend Yield
0.7%
Implied Growth (rev. DCF)
—
Rating Score
75/100
Texas Pacific Land Corporation (TPL) is a large-cap company in the Oil & Gas Exploration & Production industry, part of the Energy sector of the S&P 500, with a market value around $28.09B.
In its latest reported year it generated about $798.19M in revenue and $481.38M in net profit.
Our model rates TPL Strong (75/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (8 years of history).
The filed history looks like a business competitors struggle to attack: high and steady margins, revenue that grows through cycles, and strong returns on capital.
75.8% average over the last 3 years
±4.8 pts around 79.0% across 8 years
grew in 5 of the last 7 year-over-year periods
positive in 8 of 8 years
30.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what TPL's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. TPL trades near $352.06, below its 50-day average ($399.47) and 200-day average ($375.46). Price below both averages is a downtrend — momentum is against buyers for now.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 63 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. TPL's is $18.56 (~5.3% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month TPL found buyers near $348.46 (support) and sellers near $444.00 (resistance); its 52-week range is $269.23–$547.20. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.1× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
15.3%
Revenue moved from $300.22M in 2018 to $798.19M in 2025, a 15.0% compound annual growth rate. The most recent year grew a strong 15.3% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
93.2%
Operating Margin
74.2%
Net Margin
60.3%
ROE
35.5%
Texas Pacific Land Corporation keeps about 60.0% of each sales dollar as net profit, with a 93.2% gross margin and 74.2% operating margin. Return on equity is 35.5% and return on invested capital about 30.0%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
—
Net Debt
—
Net Debt / EBITDA
—
Debt / Equity
0x
Leverage: debt-to-equity is 0.0x, with a current ratio of 4.2x. That is a conservative balance sheet — a cushion in downturns.
Operating CF
$545.91M
Free Cash Flow
$545.91M
FCF Margin
68.4%
In the latest year Texas Pacific Land Corporation produced about $545.91M of operating cash flow and $545.91M of free cash flow after capital spending. That is a free-cash-flow yield of about 14.8% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
The dividend is being paid, but coverage or consistency is thinner than an income investor should rely on without a closer look.
Dividend yield
0.7%
Per share (latest FY)
$2.13
Total paid (latest FY)
$147.80M
History on record
8 years
dividend uses 27% of free cash flow
31% of net income paid out
no current raise streak
payout was cut at least once in the last 8 years
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
53.96x
P/S
31.1x
P/B
14.86x
EV / EBITDA
—
TPL trades at 54.0x trailing earnings (about 49.3x on estimated forward earnings), 31.1x sales, and 14.9x book value. That is a rich multiple that prices in a lot of future growth.
Where TPL sits versus its Energy sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 47 Energy companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How TPL stacks up against its Energy peers — valuation, profitability, and growth versus the sector median.
In the Energy sector (57 S&P 500 companies), TPL ranks #4 of 57 by our overall rating. It trades at a premium versus the sector on earnings (54x P/E vs. 19.4x median) with a higher return on equity (35.5% vs. 13.3%) and faster revenue growth (15.3% vs. 0.7%).
P/E vs sector
54x
median 19.4x
ROE vs sector
35.5%
median 13.3%
Growth vs sector
15.3%
median 0.7%
Sector rank
#4
of 57 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Energy companies by sub-industry and size. Sector median is across all 57 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $352.06 today · expected CAGR -2% – 9%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $917.92M | $1.06B | $1.21B | $1.40B | $1.61B |
| Net income | $458.96M | $527.80M | $606.97M | $698.02M | $802.72M |
| EPS | $5.75 | $6.62 | $7.61 | $8.75 | $10.06 |
| Share price (low) | $184.10 | $211.71 | $243.47 | $279.99 | $321.99 |
| Share price (high) | $310.66 | $357.26 | $410.85 | $472.48 | $543.35 |
| CAGR (low–high) | -48% / -12% | -22% / 1% | -12% / 5% | -6% / 8% | -2% / 9% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for TPL:
- Revenue is growing 15.3% a year, a sign of real demand.
- High net margins (60.0%) point to pricing power or efficiency.
- Strong return on equity (35.5%) shows capital is put to work well.
- Healthy free-cash-flow yield (~14.8%) funds buybacks and dividends.
- A conservative balance sheet (debt/equity 0.0x) lowers risk.
- Our model's overall read is Strong (75/100).
The case against TPL:
- A rich 54.0x earnings multiple prices in a lot of growth.
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Valuation risk — at 54.0x earnings, disappointing results could compress the multiple.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: Texas Pacific Land Corporation is a large-cap energy business still growing nicely, with solid profitability, and a sound balance sheet. It trades at 54.0x earnings, which our model scores Strong (75/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 8 Wall Street analysts covering TPL recommend (August 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Latest SEC Filings
TPL's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
TPL — frequently asked questions
Is TPL a good stock to buy?
We don't give buy or sell advice. Our model rates Texas Pacific Land Corporation Strong (75/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is TPL's rating on The Stocks School?
Texas Pacific Land Corporation currently scores 75/100 (Strong) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does TPL's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Texas Pacific Land Corporation's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for TPL calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this TPL analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell TPL. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.