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Saturday 17 October 2026 Export TPL’s income statement to Excel — free account

Texas Pacific Land Corporation

TPL Energy Oil & Gas E&P

Texas Pacific Land Corporation’s revenue for fiscal 2025 (year ended December 2025) was $798.2 million, up 13.1% from fiscal 2024. In the quarter to June 2026, revenue grew 31.2%, EPS grew 32.5% and free cash flow fell 63.9%, each against the same quarter a year earlier. Member of the S&P 500; insiders bought in the last twelve months.

350.74 4.22 +1.22%
Market cap
$23.9B
P/E
44.7×
Fwd P/E
42.5×
Dividend yield
0.67%
F-score
5/9
Altman Z
75.56
Beneish M
−2.25
Dividend safety
77/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Texas Pacific Land Corporation (TPL) Operating margin

Alert me on Operating margin

Texas Pacific Land Corporation's operating margin over the twelve months to 30 June 2026 was 74.9%, up 0.7 percentage points from fiscal 2025 (74.2%). Over the past ten years it has ranged from 71.8% (fiscal 2020) to 95.2% (fiscal 2016); the current reading is higher than 18% of that period. That is above the Oil & Gas E&P industry median of 21.4% and above the Energy sector median of 14.5%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 74.2% (2.19)
FY2024 76.4% (0.58)
FY2023 77.0% (7.29)
FY2022 84.3% 3.89
FY2021 80.4% 8.55
FY2020 71.8% (9.65)
FY2019 81.5% (5.42)
FY2018 86.9% (6.86)
FY2017 93.7% (1.42)
FY2016 95.2% 0.40

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 78.0% 0.97
Mar 2026 77.0% 6.45
Dec 2025 70.5% (2.87)
Sep 2025 73.4% (3.24)
42 more quarters

Against its own ten years

Low 71.8% High 95.2%
Ten-year median 81.5%
Current reading's percentile 21

Operating margin against peers

Company Operating margin
TPL Texas Pacific Land Corporation 74.9%
EQT EQT Corporation compare 42.5%
APA APA Corporation compare 36.1%
PR Permian Resources Corporation compare 35.8%
EXE Expand Energy Corporation compare 26.9%
AR Antero Resources Corporation compare 24.7%
DVN Devon Energy Corporation compare 21.4%
FANG Diamondback Energy, Inc. compare 6.33%
WDS Woodside Energy Group Ltd compare 0.00%
Oil & Gas E&P industry median 21.4%
Energy sector median 14.5%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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