Texas Pacific Land revenue and financials

TPL · NYSE · USD

$344.67Change from previous close: +1.32%Absolute change: +$4.48

Close · October 5, 2026

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%.

Annual revenue · 2025: $798.19M
  1. $300.22M2018
  2. $490.5M2019
  3. $302.56M2020
  4. $450.96M2021
  5. $667.42M2022
  6. $631.6M2023
  7. $705.82M2024
  8. $798.19M2025

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.

Income statement · Annual
Item20252024202320222021202020192018
Total revenue798706632667451303490300
Cost of revenue53.546.133.617.513.2———
Gross profit745660598650438———
Selling, general and administrative80.882.989.363.158.8———
Operating income592539486562362217400261
EBIT593544487563363———
EBITDA656569501578379———
Interest expense0.7———————
Pre-tax income610579518569363———
Income tax12912511212293.043.683.552.0
Net income481454406446270176319210
Net income to common shareholders481454406446270———
Basic EPS6.986.585.8719.2734.8322.7041.09—
Diluted EPS6.976.575.8619.2634.8322.7041.09—
Average shares (basic)68.969.069.169.569.8———
Average shares (diluted)69.069.169.223.27.87.87.87.8
Dividend per share2.131.701.441.331.22———