TPL Texas Pacific Land Corp

Price (delayed)

$1,563.19

Market cap

$12.1B

P/E Ratio

38.09

Dividend/share

$11.5

EPS

$41.04

Enterprise value

$11.59B

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 100% YoY
TPL's EPS has surged by 89% year-on-year and by 18% since the previous quarter
The P/E is 25% more than the 5-year quarterly average of 31.9 but 7% less than the last 4 quarters average of 42.8
TPL's quick ratio is down by 17% YoY and by 11% from the previous quarter

Key stats

What are the main financial stats of TPL
Market
Shares outstanding
7.74M
Market cap
$12.1B
Enterprise value
$11.59B
Valuations
Price to earnings (P/E)
38.09
Price to book (P/B)
16.63
Price to sales (P/S)
23.54
EV/EBIT
27.26
EV/EBITDA
26.24
EV/Sales
22.55
Earnings
Revenue
$514.14M
EBIT
$425.38M
EBITDA
$441.92M
Free cash flow
$303.42M
Per share
EPS
$41.04
Free cash flow per share
$39.19
Book value per share
$93.98
Revenue per share
$66.41
TBVPS
$110.65
Balance sheet
Total assets
$856.57M
Total liabilities
$128.69M
Debt
$0
Equity
$727.88M
Working capital
$551.56M
Liquidity
Debt to equity
0
Current ratio
9.2
Quick ratio
9.16
Net debt/EBITDA
-1.15
Margins
EBITDA margin
86%
Gross margin
89.5%
Net margin
61.8%
Operating margin
82.6%
Efficiency
Return on assets
43.1%
Return on equity
50.3%
Return on invested capital
148.2%
Return on capital employed
53.9%
Return on sales
82.7%
Dividend
Dividend yield
0.74%
DPS
$11.5
Payout ratio
28%

TPL stock price

How has the Texas Pacific Land stock price performed over time
Intraday
-4.26%
1 week
7.29%
1 month
-0.69%
1 year
0.16%
YTD
25.17%
QTD
15.61%

Financial performance

How have Texas Pacific Land's revenue and profit performed over time
Revenue
$514.14M
Gross profit
$459.99M
Operating income
$424.68M
Net income
$317.83M
Gross margin
89.5%
Net margin
61.8%
The company's operating income has surged by 103% YoY and by 17% QoQ
TPL's net income has soared by 88% year-on-year and by 18% since the previous quarter
Texas Pacific Land's gross profit has soared by 86% YoY and by 16% from the previous quarter
The revenue has soared by 77% YoY and by 14% QoQ

Growth

What is Texas Pacific Land's growth rate over time

Valuation

What is Texas Pacific Land stock price valuation
P/E
38.09
P/B
16.63
P/S
23.54
EV/EBIT
27.26
EV/EBITDA
26.24
EV/Sales
22.55
TPL's EPS has surged by 89% year-on-year and by 18% since the previous quarter
The P/E is 25% more than the 5-year quarterly average of 31.9 but 7% less than the last 4 quarters average of 42.8
The equity rose by 42% YoY and by 12% QoQ
The stock's price to book (P/B) is 20% less than its 5-year quarterly average of 21.7 but 2.8% more than its last 4 quarters average of 16.9
The revenue has soared by 77% YoY and by 14% QoQ
The price to sales (P/S) is 22% higher than the 5-year quarterly average of 20.1 but 6% lower than the last 4 quarters average of 26.1

Efficiency

How efficient is Texas Pacific Land business performance
TPL's ROIC has soared by 99% year-on-year and by 16% since the previous quarter
TPL's return on assets is up by 50% year-on-year and by 8% since the previous quarter
The ROE has grown by 48% YoY and by 8% from the previous quarter
TPL's return on sales is up by 14% year-on-year and by 2.7% since the previous quarter

Dividends

What is TPL's dividend history
DPS
$11.5
Dividend yield
0.74%
Payout ratio
28%
Recent dividends

Financial health

How did Texas Pacific Land financials performed over time
The total assets has increased by 40% YoY and by 12% from the previous quarter
The total liabilities has grown by 29% YoY and by 15% from the previous quarter
TPL's debt is 100% lower than its equity
TPL's debt has shrunk by 100% YoY
The debt to equity has shrunk by 100% YoY

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