Texas Pacific Land revenue and financials
$344.67Change from previous close: +1.32%Absolute change: +$4.48
In the fiscal year ended December 2025, Texas Pacific Land reported revenue of $798.19M (+13.09% year over year). Net income was $481.38M, a net margin of 60.3%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +13.09%
- 2025 vs 2024
- Net income growth
- +6.04%
- 2025 vs 2024
- Net margin
- 60.3%
- 2024: 64.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Total revenue | 798 | 706 | 632 | 667 | 451 | 303 | 490 | 300 |
| Cost of revenue | 53.5 | 46.1 | 33.6 | 17.5 | 13.2 | — | — | — |
| Gross profit | 745 | 660 | 598 | 650 | 438 | — | — | — |
| Selling, general and administrative | 80.8 | 82.9 | 89.3 | 63.1 | 58.8 | — | — | — |
| Operating income | 592 | 539 | 486 | 562 | 362 | 217 | 400 | 261 |
| EBIT | 593 | 544 | 487 | 563 | 363 | — | — | — |
| EBITDA | 656 | 569 | 501 | 578 | 379 | — | — | — |
| Interest expense | 0.7 | — | — | — | — | — | — | — |
| Pre-tax income | 610 | 579 | 518 | 569 | 363 | — | — | — |
| Income tax | 129 | 125 | 112 | 122 | 93.0 | 43.6 | 83.5 | 52.0 |
| Net income | 481 | 454 | 406 | 446 | 270 | 176 | 319 | 210 |
| Net income to common shareholders | 481 | 454 | 406 | 446 | 270 | — | — | — |
| Basic EPS | 6.98 | 6.58 | 5.87 | 19.27 | 34.83 | 22.70 | 41.09 | — |
| Diluted EPS | 6.97 | 6.57 | 5.86 | 19.26 | 34.83 | 22.70 | 41.09 | — |
| Average shares (basic) | 68.9 | 69.0 | 69.1 | 69.5 | 69.8 | — | — | — |
| Average shares (diluted) | 69.0 | 69.1 | 69.2 | 23.2 | 7.8 | 7.8 | 7.8 | 7.8 |
| Dividend per share | 2.13 | 1.70 | 1.44 | 1.33 | 1.22 | — | — | — |
