TPL Texas Pacific Land Corp

Price (delayed)

$1,374.74

Market cap

$31.6B

P/E Ratio

69.61

Dividend/share

$15.54

EPS

$19.75

Enterprise value

$31.23B

Texas Pacific Land Corporation is one of the largest landowners in the State of Texas with approximately 880,000 acres of land in West Texas. The Corporation is not an oil ...

Highlights
TPL's debt has shrunk by 61% YoY
TPL's EPS is up by 12% year-on-year
The P/E is 93% more than the 5-year quarterly average of 36.0 and 64% more than the last 4 quarters average of 42.5
TPL's quick ratio is down by 45% YoY and by 7% from the previous quarter

Key stats

What are the main financial stats of TPL
Market
Shares outstanding
22.98M
Market cap
$31.6B
Enterprise value
$31.23B
Valuations
Price to earnings (P/E)
69.61
Price to book (P/B)
27.89
Price to sales (P/S)
44.77
EV/EBIT
53.95
EV/EBITDA
51.7
EV/Sales
44.24
Earnings
Revenue
$705.82M
Gross profit
$598.78M
Operating income
$539.14M
Net income
$453.96M
EBIT
$578.82M
EBITDA
$603.98M
Free cash flow
$63.92M
Per share
EPS
$19.75
EPS diluted
$19.72
Free cash flow per share
$2.78
Book value per share
$49.29
Revenue per share
$30.71
TBVPS
$52.76
Balance sheet
Total assets
$1.25B
Total liabilities
$115.56M
Debt
$453,000
Equity
$1.13B
Working capital
$456.81M
Liquidity
Debt to equity
0
Current ratio
10.81
Quick ratio
10.66
Net debt/EBITDA
-0.61
Margins
EBITDA margin
85.6%
Gross margin
84.8%
Net margin
64.3%
Operating margin
76.4%
Efficiency
Return on assets
36.3%
Return on equity
40.2%
Return on invested capital
113.9%
Return on capital employed
48.2%
Return on sales
82%
Dividend
Dividend yield
1.13%
DPS
$15.54
Payout ratio
78.7%

TPL stock price

How has the Texas Pacific Land stock price performed over time
Intraday
5.35%
1 week
-3.73%
1 month
2.19%
1 year
174.65%
YTD
24.3%
QTD
24.3%

Financial performance

How have Texas Pacific Land's revenue and profit performed over time
Revenue
$705.82M
Gross profit
$598.78M
Operating income
$539.14M
Net income
$453.96M
Gross margin
84.8%
Net margin
64.3%
TPL's net income is up by 12% year-on-year
The revenue rose by 12% YoY and by 2.8% QoQ
The company's operating income rose by 11% YoY
Texas Pacific Land's gross profit has increased by 9% YoY and by 2.7% from the previous quarter

Growth

What is Texas Pacific Land's growth rate over time

Valuation

What is Texas Pacific Land stock price valuation
P/E
69.61
P/B
27.89
P/S
44.77
EV/EBIT
53.95
EV/EBITDA
51.7
EV/Sales
44.24
The P/E is 93% more than the 5-year quarterly average of 36.0 and 64% more than the last 4 quarters average of 42.5
TPL's EPS is up by 12% year-on-year
The stock's price to book (P/B) is 81% more than its 5-year quarterly average of 15.4 and 65% more than its last 4 quarters average of 16.9
The equity rose by 9% YoY and by 8% QoQ
The price to sales (P/S) is 99% higher than the 5-year quarterly average of 22.5 and 62% higher than the last 4 quarters average of 27.7
The revenue rose by 12% YoY and by 2.8% QoQ

Efficiency

How efficient is Texas Pacific Land business performance
TPL's ROIC is down by 24% year-on-year and by 20% since the previous quarter
The ROE has contracted by 8% YoY
TPL's return on assets is down by 6% year-on-year

Dividends

What is TPL's dividend history
DPS
$15.54
Dividend yield
1.13%
Payout ratio
78.7%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Texas Pacific Land financials performed over time
TPL's quick ratio is down by 45% YoY and by 7% from the previous quarter
Texas Pacific Land's current ratio has decreased by 44% YoY and by 13% from the previous quarter
TPL's debt is 100% lower than its equity
TPL's debt has shrunk by 61% YoY
The equity rose by 9% YoY and by 8% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified. Data from and Sharadar.