Texas Pacific Land revenue and financials

TPL · NYSE · USD

$355.16Change from previous close: +3.04%Absolute change: +$10.49

Close · October 6, 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.

Balance sheet · Annual
Item20252024202320222021202020192018
Total assets1,6231,2481,156877764572598—
Current assets319503862633527333——
Cash and equivalents145370725511428281304123
Receivables16512712910495.2———
Inventory———110109———
Net property, plant and equipment17812491.488.081.5———
Other intangible assets32.835.221.0—————
Long-term investments89043246.645.044.4———
Current liabilities72.646.644.439.650.921.4——
Accounts payable38.027.022.523.417.9———
Total debt16.20.51.22.0————
Total liabilities16411611310511286.586.0—
Total equity (incl. minority)1,4591,1321,043773652———
Retained earnings1,5951,2781,172866668———