Price (delayed)
$867.46
Market cap
$19.94B
P/E Ratio
43.18
Dividend/share
$15.97
EPS
$20.09
Enterprise value
$19.4B
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
Texas Pacific Land's gross profit has increased by 11% YoY and by 3.2% from the previous quarter
The revenue rose by 11% YoY and by 2.1% QoQ
TPL's quick ratio has soared by 90% from the previous quarter but it is down by 36% YoY
The P/E is 21% less than the last 4 quarters average of 55.0 but 7% more than the 5-year quarterly average of 40.3
Key stats
What are the main financial stats of TPL
Market
Valuations
Earnings
Shares outstanding
22.99M
Market cap
$19.94B
Enterprise value
$19.4B
Price to earnings (P/E)
43.18
Price to book (P/B)
15.47
Price to sales (P/S)
26.84
EV/EBIT
32.89
EV/EBITDA
30.66
EV/Sales
26.11
Revenue
$742.87M
Gross profit
$637.61M
Operating income
$563.7M
Net income
$461.75M
EBIT
$589.78M
EBITDA
$632.65M
Free cash flow
$88.88M
Per share
Balance sheet
Liquidity
EPS
$20.09
EPS diluted
$20.06
Free cash flow per share
$3.87
Book value per share
$56.07
Revenue per share
$32.32
TBVPS
$59.63
Total assets
$1.4B
Total liabilities
$115.72M
Debt
$0
Equity
$1.29B
Working capital
$622.37M
Debt to equity
0
Current ratio
14.79
Quick ratio
14.59
Net debt/EBITDA
-0.86
Margins
Efficiency
Dividend
EBITDA margin
85.2%
Gross margin
85.8%
Net margin
62.2%
Operating margin
75.9%
Return on assets
35.6%
Return on equity
39.5%
Return on invested capital
81.2%
Return on capital employed
43.4%
Return on sales
79.4%
Dividend yield
1.84%
DPS
$15.97
Payout ratio
79.7%
TPL stock price
How has the Texas Pacific Land stock price performed over time
Intraday
-8.75%
1 week
-10.4%
1 month
-16.1%
1 year
12.22%
YTD
-21.56%
QTD
-17.88%
Financial performance
How have Texas Pacific Land's revenue and profit performed over time
Revenue
$742.87M
Gross profit
$637.61M
Operating income
$563.7M
Net income
$461.75M
Gross margin
85.8%
Net margin
62.2%
Texas Pacific Land's gross profit has increased by 11% YoY and by 3.2% from the previous quarter
The revenue rose by 11% YoY and by 2.1% QoQ
TPL's net margin is down by 7% YoY
The company's operating income rose by 6% YoY
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
43.18
P/B
15.47
P/S
26.84
EV/EBIT
32.89
EV/EBITDA
30.66
EV/Sales
26.11
The P/E is 21% less than the last 4 quarters average of 55.0 but 7% more than the 5-year quarterly average of 40.3
TPL's EPS is up by 3.3% year-on-year
The stock's price to book (P/B) is 28% less than its last 4 quarters average of 21.5 and 8% less than its 5-year quarterly average of 16.8
The equity rose by 7% QoQ and by 7% YoY
The price to sales (P/S) is 23% lower than the last 4 quarters average of 35.0 but 6% higher than the 5-year quarterly average of 25.3
The revenue rose by 11% YoY and by 2.1% QoQ
Efficiency
How efficient is Texas Pacific Land business performance
TPL's ROIC has dropped by 50% year-on-year and by 14% since the previous quarter
TPL's return on sales is down by 7% year-on-year
The ROE has contracted by 4.4% YoY
TPL's return on assets is down by 4.3% year-on-year
Dividends
What is TPL's dividend history
DPS
$15.97
Dividend yield
1.84%
Payout ratio
79.7%
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 has soared by 90% from the previous quarter but it is down by 36% YoY
Texas Pacific Land's current ratio has soared by 90% from the previous quarter but it has decreased by 36% YoY
TPL's debt is 100% lower than its equity
The equity rose by 7% QoQ and by 7% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.