TPL financials
Texas Pacific Land Corporation · end-of-day data as of Oct 16, 2026
Texas Pacific Land Corporation
$350.92-16.2%
Hold · 2 analystsPT $618.42 +76.2%
TPL reported revenue of $246M for the quarter ended Jun 30, 2026 (Q2 FY2026), up 31.2% from a year earlier. It posted diluted EPS of $2.23, free cash flow of $151M and a net margin of 62.6%.
Valuation
- P/E44.8x
- P/E vs own-13.6%
- P/E vs sector+152.6%
- FCF yield+2.2%
- Market cap$24.2B
Quarterly results
Q2 FY2026: Revenue +31.2% year over year, free cash flow 61.4% of revenue, operating margin 78.0%.
RevenueFree cash flow
| Q2 FY2026 | Jun 30, 2026 | $246M | 2.23 | $151M | 88.5% | 78.0% | 62.6% |
| Q1 FY2026 | Mar 31, 2026 | $237M | 2.07 | $155M | 88.0% | 77.0% | 60.3% |
| Q4 FY2025 | Dec 31, 2025 | $212M | 1.78 | $85.02M | 81.4% | 70.5% | 58.3% |
| Q3 FY2025 | Sep 30, 2025 | $203M | 1.76 | $136M | 84.5% | 73.4% | 59.7% |
| Q2 FY2025 | Jun 30, 2025 | $188M | 1.68 | $118M | 88.2% | 76.6% | 61.9% |
| Q1 FY2025 | Mar 31, 2025 | $196M | 1.75 | $148M | 88.2% | 76.6% | 61.6% |
| Q4 FY2024 | Dec 31, 2024 | $186M | 1.71 | $113M | 89.0% | 76.7% | 63.7% |
| Q3 FY2024 | Sep 30, 2024 | $174M | 1.54 | -$9.6M | 93.2% | 73.4% | 61.4% |
| Q2 FY2024 | Jun 30, 2024 | $172M | 1.66 | $91.91M | 89.0% | 77.3% | 66.5% |
| Q1 FY2024 | Mar 31, 2024 | $174M | 1.66 | $145M | 91.8% | 78.1% | 65.7% |
| Q4 FY2023 | Dec 31, 2023 | $167M | 1.64 | $107M | 92.2% | 80.3% | 67.9% |
| Q3 FY2023 | Sep 30, 2023 | $158M | 1.53 | $103M | 92.3% | 80.4% | 66.8% |