TEXAS PACIFIC LAND CORP (TPL) Stock Fundamental Analysis

NYSE:TPL • US88262P1021

499.88 USD
+13.32 (+2.74%)
At close: Feb 20, 2026
501 USD
+1.12 (+0.22%)
After Hours: 2/20/2026, 8:07:53 PM
Fundamental Rating

7

Taking everything into account, TPL scores 7 out of 10 in our fundamental rating. TPL was compared to 206 industry peers in the Oil, Gas & Consumable Fuels industry. TPL gets an excellent profitability rating and is at the same time showing great financial health properties. While showing a medium growth rate, TPL is valued expensive at the moment. This makes TPL very considerable for quality investing!


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • TPL had positive earnings in the past year.
  • TPL had a positive operating cash flow in the past year.
  • Each year in the past 5 years TPL has been profitable.
  • In the past 5 years TPL always reported a positive cash flow from operatings.
TPL Yearly Net Income VS EBIT VS OCF VS FCFTPL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M 400M 500M

1.2 Ratios

  • With an excellent Return On Assets value of 29.65%, TPL belongs to the best of the industry, outperforming 96.60% of the companies in the same industry.
  • The Return On Equity of TPL (33.00%) is better than 93.20% of its industry peers.
  • TPL has a Return On Invested Capital of 30.78%. This is amongst the best in the industry. TPL outperforms 97.57% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for TPL is significantly above the industry average of 21.98%.
Industry RankSector Rank
ROA 29.65%
ROE 33%
ROIC 30.78%
ROA(3y)33.7%
ROA(5y)37.46%
ROE(3y)37.32%
ROE(5y)42.23%
ROIC(3y)33.51%
ROIC(5y)38.7%
TPL Yearly ROA, ROE, ROICTPL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80 100

1.3 Margins

  • The Profit Margin of TPL (60.31%) is better than 95.15% of its industry peers.
  • In the last couple of years the Profit Margin of TPL has remained more or less at the same level.
  • TPL has a better Operating Margin (74.19%) than 97.09% of its industry peers.
  • TPL's Operating Margin has been stable in the last couple of years.
  • TPL has a Gross Margin of 93.29%. This is amongst the best in the industry. TPL outperforms 97.09% of its industry peers.
  • TPL's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 74.19%
PM (TTM) 60.31%
GM 93.29%
OM growth 3Y-4.15%
OM growth 5Y0.65%
PM growth 3Y-3.39%
PM growth 5Y0.72%
GM growth 3Y-1.42%
GM growth 5Y-0.42%
TPL Yearly Profit, Operating, Gross MarginsTPL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

10

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TPL is creating value.
  • TPL has about the same amout of shares outstanding than it did 1 year ago.
  • TPL has less shares outstanding than it did 5 years ago.
  • TPL has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
TPL Yearly Shares OutstandingTPL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
TPL Yearly Total Debt VS Total AssetsTPL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

2.2 Solvency

  • TPL has an Altman-Z score of 129.04. This indicates that TPL is financially healthy and has little risk of bankruptcy at the moment.
  • With an excellent Altman-Z score value of 129.04, TPL belongs to the best of the industry, outperforming 98.54% of the companies in the same industry.
  • There is no outstanding debt for TPL. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 129.04
ROIC/WACC3.53
WACC8.72%
TPL Yearly LT Debt VS Equity VS FCFTPL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B

2.3 Liquidity

  • A Current Ratio of 3.11 indicates that TPL has no problem at all paying its short term obligations.
  • The Current ratio of TPL (3.11) is better than 83.98% of its industry peers.
  • A Quick Ratio of 3.11 indicates that TPL has no problem at all paying its short term obligations.
  • Looking at the Quick ratio, with a value of 3.11, TPL belongs to the top of the industry, outperforming 84.95% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 3.11
Quick Ratio 3.11
TPL Yearly Current Assets VS Current LiabilitesTPL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

6

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 5.73% over the past year.
  • The Earnings Per Share has been growing by 40.56% on average over the past years. This is a very strong growth
  • Looking at the last year, TPL shows a quite strong growth in Revenue. The Revenue has grown by 13.09% in the last year.
  • The Revenue has been growing by 21.41% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)5.73%
EPS 3Y29.18%
EPS 5Y40.56%
EPS Q2Q%-65.18%
Revenue 1Y (TTM)13.09%
Revenue growth 3Y6.15%
Revenue growth 5Y21.41%
Sales Q2Q%13.89%

3.2 Future

  • The Earnings Per Share is expected to decrease by -19.59% on average over the next years. This is quite bad
  • TPL is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.91% yearly.
EPS Next Y-40.17%
EPS Next 2Y-19.59%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year21.43%
Revenue Next 2Y14.91%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
TPL Yearly Revenue VS EstimatesTPL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
TPL Yearly EPS VS EstimatesTPL Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6 8 10

1

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 36.12 indicates a quite expensive valuation of TPL.
  • Based on the Price/Earnings ratio, TPL is valued a bit more expensive than 62.62% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.99, TPL is valued a bit more expensive.
  • TPL is valuated quite expensively with a Price/Forward Earnings ratio of 60.38.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of TPL indicates a slightly more expensive valuation: TPL is more expensive than 62.62% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.02, TPL is valued quite expensively.
Industry RankSector Rank
PE 36.12
Fwd PE 60.38
TPL Price Earnings VS Forward Price EarningsTPL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TPL indicates a slightly more expensive valuation: TPL is more expensive than 72.33% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 52.42
TPL Per share dataTPL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20

4.3 Compensation for Growth

  • The excellent profitability rating of TPL may justify a higher PE ratio.
  • A cheap valuation may be justified as TPL's earnings are expected to decrease with -19.59% in the coming years.
PEG (NY)N/A
PEG (5Y)0.89
EPS Next 2Y-19.59%
EPS Next 3YN/A

3

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.48%, TPL is not a good candidate for dividend investing.
  • TPL's Dividend Yield is slightly below the industry average, which is at 3.52.
  • Compared to an average S&P500 Dividend Yield of 1.81, TPL's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.48%

5.2 History

  • The dividend of TPL decreases each year by -5.79%.
  • TPL has been paying a dividend for at least 10 years, so it has a reliable track record.
  • The dividend of TPL decreased recently.
Dividend Growth(5Y)-5.79%
Div Incr Years1
Div Non Decr Years1
TPL Yearly Dividends per shareTPL Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3 4 5

5.3 Sustainability

  • TPL pays out 30.70% of its income as dividend. This is a sustainable payout ratio.
  • TPL's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP30.7%
EPS Next 2Y-19.59%
EPS Next 3YN/A
TPL Yearly Income VS Free CF VS DividendTPL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M 400M
TPL Dividend Payout.TPL Dividend Payout, showing the Payout Ratio.TPL Dividend Payout.PayoutRetained Earnings

TEXAS PACIFIC LAND CORP

NYSE:TPL (2/20/2026, 8:07:53 PM)

After market: 501 +1.12 (+0.22%)

499.88

+13.32 (+2.74%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-18
Earnings (Next)05-05
Inst Owners72.43%
Inst Owner Change173.69%
Ins Owners5.21%
Ins Owner Change0.38%
Market Cap34.46B
Revenue(TTM)798.19M
Net Income(TTM)481.38M
Analysts75
Price Target323.11 (-35.36%)
Short Float %7.16%
Short Ratio14.25
Dividend
Industry RankSector Rank
Dividend Yield 0.48%
Yearly Dividend2.14
Dividend Growth(5Y)-5.79%
DP30.7%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-30.14%
Min EPS beat(2)-50.7%
Max EPS beat(2)-9.57%
EPS beat(4)0
Avg EPS beat(4)-50.9%
Min EPS beat(4)-72.72%
Max EPS beat(4)-9.57%
EPS beat(8)1
Avg EPS beat(8)-28.11%
EPS beat(12)3
Avg EPS beat(12)-18.12%
EPS beat(16)4
Avg EPS beat(16)-14.31%
Revenue beat(2)0
Avg Revenue beat(2)-2.49%
Min Revenue beat(2)-2.86%
Max Revenue beat(2)-2.11%
Revenue beat(4)0
Avg Revenue beat(4)-4.33%
Min Revenue beat(4)-9.86%
Max Revenue beat(4)-2.11%
Revenue beat(8)2
Avg Revenue beat(8)-1.91%
Revenue beat(12)4
Avg Revenue beat(12)-0.9%
Revenue beat(16)5
Avg Revenue beat(16)-1.43%
PT rev (1m)0.11%
PT rev (3m)-65.28%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-35.34%
EPS NY rev (1m)0%
EPS NY rev (3m)-49.45%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-7.2%
Valuation
Industry RankSector Rank
PE 36.12
Fwd PE 60.38
P/S 43.17
P/FCF N/A
P/OCF 63.13
P/B 23.62
P/tB 24.17
EV/EBITDA 52.42
EPS(TTM)13.84
EY2.77%
EPS(NY)8.28
Fwd EY1.66%
FCF(TTM)-0.06
FCFYN/A
OCF(TTM)7.92
OCFY1.58%
SpS11.58
BVpS21.16
TBVpS20.69
PEG (NY)N/A
PEG (5Y)0.89
Graham Number81.18
Profitability
Industry RankSector Rank
ROA 29.65%
ROE 33%
ROCE 39.14%
ROIC 30.78%
ROICexc 34.04%
ROICexgc 34.88%
OM 74.19%
PM (TTM) 60.31%
GM 93.29%
FCFM N/A
ROA(3y)33.7%
ROA(5y)37.46%
ROE(3y)37.32%
ROE(5y)42.23%
ROIC(3y)33.51%
ROIC(5y)38.7%
ROICexc(3y)61.43%
ROICexc(5y)84.23%
ROICexgc(3y)65.06%
ROICexgc(5y)86.71%
ROCE(3y)42.6%
ROCE(5y)49.21%
ROICexgc growth 3Y-36.57%
ROICexgc growth 5Y-11.59%
ROICexc growth 3Y-37%
ROICexc growth 5Y-11.73%
OM growth 3Y-4.15%
OM growth 5Y0.65%
PM growth 3Y-3.39%
PM growth 5Y0.72%
GM growth 3Y-1.42%
GM growth 5Y-0.42%
F-Score5
Asset Turnover0.49
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA 0
Cap/Depr 879.1%
Cap/Sales 68.87%
Interest Coverage 250
Cash Conversion 83.38%
Profit Quality N/A
Current Ratio 3.11
Quick Ratio 3.11
Altman-Z 129.04
F-Score5
WACC8.72%
ROIC/WACC3.53
Cap/Depr(3y)994.61%
Cap/Depr(5y)644.53%
Cap/Sales(3y)46.29%
Cap/Sales(5y)29.13%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.73%
EPS 3Y29.18%
EPS 5Y40.56%
EPS Q2Q%-65.18%
EPS Next Y-40.17%
EPS Next 2Y-19.59%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)13.09%
Revenue growth 3Y6.15%
Revenue growth 5Y21.41%
Sales Q2Q%13.89%
Revenue Next Year21.43%
Revenue Next 2Y14.91%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y9.83%
EBIT growth 3Y1.74%
EBIT growth 5Y22.21%
EBIT Next Year37.51%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-105.97%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y11.26%
OCF growth 3Y6.88%
OCF growth 5Y21.4%

TEXAS PACIFIC LAND CORP / TPL FAQ

What is the fundamental rating for TPL stock?

ChartMill assigns a fundamental rating of 7 / 10 to TPL.


Can you provide the valuation status for TEXAS PACIFIC LAND CORP?

ChartMill assigns a valuation rating of 1 / 10 to TEXAS PACIFIC LAND CORP (TPL). This can be considered as Overvalued.


How profitable is TEXAS PACIFIC LAND CORP (TPL) stock?

TEXAS PACIFIC LAND CORP (TPL) has a profitability rating of 8 / 10.


What is the valuation of TEXAS PACIFIC LAND CORP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for TEXAS PACIFIC LAND CORP (TPL) is 36.12 and the Price/Book (PB) ratio is 23.62.


How sustainable is the dividend of TEXAS PACIFIC LAND CORP (TPL) stock?

The dividend rating of TEXAS PACIFIC LAND CORP (TPL) is 3 / 10 and the dividend payout ratio is 30.7%.