Texas Pacific Land Corp
Company Stats
- Market Cap
- $22.5B
- as of Sep 30, 2026
- Shares Outstanding
- 69.0M
- Free Float
- 85.1%
Income Statement
- Revenue
- $798.2M
- Operating Income
- $592.2M
- Net Income
- $481.4M
- EBITDA
- $654.7M
- Revenue Growth, 3Y
- 6.1%
Balance Sheet
- Cash & Equivalents
- $144.8M
Returns & Capital
- Dividends Paid
- $147.8M
- Dividend Yield
- 0.7%
- Dividend Payout, 3Y Avg
- 44.0%
- Share Repurchases
- $8.4M
- Buyback Yield, 3Y Avg
- 0.1%
- SBC, 3Y Avg
- $12.7M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $798.2M | — | — |
| FY2024 | $705.8M | — | — |
| FY2023 | $631.6M | — | — |
| FY2022 | $667.4M | $428.2M | 64.2% |
| FY2021 | $451.0M | $248.7M | 55.2% |
Annual filing data through FY ended December 31, 2025; shares and float as of November 5, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges
Financial Services Earnings: Demand Strong, Costs Bite Back
Texas Pacific Land to Sell Reeves County Assets for Data-Center Power Hub