TPL Texas Pacific Land Corp

Price (delayed)

$358.52

Market cap

$24.73B

P/E Ratio

45.73

Dividend/share

$2.27

EPS

$7.84

Enterprise value

$24.5B

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 98

Texas Pacific Land Corporation is one of the largest landowners in the State of Texas with approximately 873,000 acres of land in West Texas, with the majority of its ownership ...

Highlights
The equity rose by 30% YoY and by 7% QoQ
The revenue rose by 21% YoY and by 7% QoQ
TPL's quick ratio has plunged by 69% YoY but it is up by 8% from the previous quarter
The P/E is 12% less than the last 4 quarters average of 51.8 but 10% more than the 5-year quarterly average of 41.4

Key stats

What are the main financial stats of TPL

TPL stock price

How has the Texas Pacific Land stock price performed over time
Intraday
3.31%
1 week
5.25%
1 month
-13.8%
1 year
17.86%
YTD
24.82%
QTD
-18.08%

Financial performance

How have Texas Pacific Land's revenue and profit performed over time
Revenue
$897.54M
Gross profit
$768.71M
Operating income
$672.48M
Net income
$541.42M
Gross margin
85.6%
Net margin
60.3%
The revenue rose by 21% YoY and by 7% QoQ
Texas Pacific Land's gross profit has increased by 21% YoY and by 7% from the previous quarter
The company's operating income rose by 19% YoY and by 8% QoQ
TPL's net income is up by 17% year-on-year and by 8% since the previous quarter

Price vs fundamentals

How does TPL's price correlate with its fundamentals

Growth

What is Texas Pacific Land's growth rate over time

Valuation

What is Texas Pacific Land stock price valuation
P/E
45.73
P/B
14.79
P/S
27.55
EV/EBIT
35.66
EV/EBITDA
32.47
EV/Sales
27.29
TPL's EPS is up by 17% year-on-year and by 8% since the previous quarter
The P/E is 12% less than the last 4 quarters average of 51.8 but 10% more than the 5-year quarterly average of 41.4
The equity rose by 30% YoY and by 7% QoQ
The stock's price to book (P/B) is 14% less than its last 4 quarters average of 17.1 and 12% less than its 5-year quarterly average of 16.9
The revenue rose by 21% YoY and by 7% QoQ
The price to sales (P/S) is 12% lower than the last 4 quarters average of 31.3 but 6% higher than the 5-year quarterly average of 26.1

Efficiency

How efficient is Texas Pacific Land business performance
TPL's ROIC is down by 35% year-on-year and by 8% since the previous quarter
TPL's return on assets is down by 10% year-on-year
The ROE has contracted by 9% YoY
TPL's return on sales is down by 3.7% year-on-year

Dividends

What is TPL's dividend history
DPS
$2.27
Dividend yield
0.63%
Payout ratio
28.9%
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 has plunged by 69% YoY but it is up by 8% from the previous quarter
Texas Pacific Land's current ratio has plunged by 69% YoY but it has increased by 8% from the previous quarter
TPL's debt is 99% lower than its equity
The equity rose by 30% YoY and by 7% QoQ
TPL's debt is down by 2.1% QoQ

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