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Friday 6 November 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.

Revenue
+34.6%
EPS
+38.3%
Free cash flow
+84.0%

Quarter to September 2026, against a year earlier

275.50 12.15 −4.22%
Market cap
$18.8B
P/E
32.3×
Fwd P/E
35.9×
Dividend yield
0.85%
F-score
5/9
Altman Z
75.56
Beneish M
−2.25
Dividend safety
77/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Valuation Filings

Texas Pacific Land Corporation (TPL) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Texas Pacific Land Corporation (TPL) trades at a P/S ratio of 19.6×. Over the past ten years it has ranged from 4.9× (March 2020) to 57.9× (November 2024); the current reading is higher than 34% of that period. That is above the Oil & Gas E&P industry median of 1.8× and above the Energy sector median of 1.5×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 24.8× (31.11%)
FY2024 36.0× 84.56%
FY2023 19.5× (19.78%)
FY2022 24.3× 13.32%
FY2021 21.5× 15.19%
FY2020 18.6× 50.87%
FY2019 12.4× (12.07%)
FY2018 14.0× (39.96%)
FY2017 23.4× (35.38%)
FY2016 36.2× 167.84%

Quarterly newest first

Period P/S ratio Change
Sep 2026 23.2× (30.96%)
Jun 2026 33.6× (13.77%)
Mar 2026 39.0× 57.21%
Dec 2025 24.8× (10.70%)
43 more quarters

Against its own ten years

Low 4.9× High 57.9×
Ten-year median 23.2×
Current reading's percentile 28

P/S ratio against peers

Company P/S ratio
WDS Woodside Energy Group Ltd compare n/m
EXE Expand Energy Corporation compare 1.4×
APA APA Corporation compare 1.6×
AR Antero Resources Corporation compare 1.7×
DVN Devon Energy Corporation compare 2.1×
PR Permian Resources Corporation compare 2.8×
RRC Range Resources Corporation compare 3.3×
EQT EQT Corporation compare 3.4×
TPL Texas Pacific Land Corporation 19.6×
Oil & Gas E&P industry median 1.8×
Energy sector median 1.5×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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