StratGraph
Companies / Energy
TPL

Texas Pacific Land Corporation

Oil & Gas Exploration & Production

Oil & Gas Exploration & ProductionAnalysis in progress
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Business at a glance

Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work

Operating health86
Growth57
Profitability100
Cash generation97
Balance sheet100
Dilution control75
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)34.6%Revenue growth (FY)13.1%Revenue CAGR (3y)6.1%Gross margin—Operating margin74.2%Net margin60.3%Free cash flow margin68.4%R&D / revenue—Stock comp / revenue1.9%Net debt / operating cash flow—Current ratio4.40Diluted share count change-0.0%
Fiscal year endingFY 2021-12FY 2022-12FY 2023-12FY 2024-12FY 2025-12
Revenue$451M$667M$632M$706M$798M
Operating income$362M$562M$486M$539M$592M
Net income$270M$446M$406M$454M$481M
Operating cash flow$265M$447M$418M$491M$546M
Capital expenditure$16M$19M———
Free cash flow$249M$428M$418M$491M$546M
Stock-based comp$28,000$8M$10M$12M$15M
Buybacks$20M$88M$43M$29M$8M
Dividends$85M$247M$100M$347M$148M
Cash$428M$511M$725M$370M$145M
Equity$652M$773M$1.0B$1.1B$1.5B

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