Texas Pacific Land

TPL · NYSE · USD

$340.19Change from previous close: +1.11%Absolute change: +$3.73

Close · October 2, 2026

Valuation

Data as of October 5, 2026

Valuation multiples

Market cap
$23.46B
Enterprise value
$23.23B
P/E (trailing 12 months)
43.4
Forward P/E
33.7
Price/book
14.0
Price/sales
26.1
EV/EBITDA
31.3
EV/revenue
25.9

Profitability and growth

Gross margin
93.3%
Operating margin
75.1%
Net margin
60.3%
ROE
36.6%
ROA
25.8%
ROIC
38.5%

Financial health

Total cash
$248.61M
Total debt
$18.02M
Debt/equity
0.01
Current ratio
4.55
Quick ratio
4.50
Altman Z-Score
83.5
Piotroski F-Score
5.00

Dividends

Annual dividend per share
$2.40
Dividend yield
0.7%
Payout ratio
30.6%
Ex-dividend date
September 1, 2026

Analysts and estimates

Average price target
$443.00
Analysts with a price target
2
Consensus
Hold

Shares and trading

Beta
0.59
Average volume
392.08K
Shares outstanding
68.97M
Float
58.87M
Institutional ownership
74.0%
Insider ownership
0.4%
Short interest (% of float)
7.2%
Short ratio (days)
12.6