Texas Pacific Land Corp (TPL) stock
Close on Nov 11, 2026Market cap $19.41BP/E 33.1Yield 0.76%
Texas Pacific Land Corp grew revenue 25.3% to $967.85M over the twelve months to Sep 30, 2026. Operating income rose 24.9% to $731.17M, moving the operating margin from 75.8% to 75.5%. At the latest close the market valued the company at $19.41B, 33.1 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $19.41B
- P/E ratio
- 33.1
- Price to sales
- 20.06
- Price to book
- 10.77
- Dividend yield
- 0.76%
- Free cash flow yield
- –
Fundamentals
- Revenue
- $967.85M
- Net income
- $587.55M
- EPS, diluted
- $8.51
- Book value per share
- $26.10
- Diluted shares
- 69M
Trading
- Next earnings
- Feb 17, 2027 (estimated, after the close)
- Previous close
- $274.63
- Open
- $280.00
- Day's range
- $275.00 – $284.00
- Volume
- 438,882
- Average volume (20 days)
- 433,857
- Index membership
- S&P 500 (since Dec 2024), Russell 1000 (since Jun 2021), Russell 3000 (since Aug 2021)
- Beta (5 years)
- 0.67
- 52-week range
- $265.31 – $547.20
- RSI (14 days)
- 30.6
- Volatility (1 year)
- 49.6%
- Relative volume
- 1.19×
- WACC
- 8.2%
Index membership is inferred from the holdings of funds that track each index (VOO, IVV, SPYM, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2019, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | TPL | S&P 500 | Difference | TPL per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -22.0% | -2.4% | −19.6 pts | ||
| 3 months | -22.8% | -1.2% | −21.6 pts | ||
| Year to date | -1.6% | +12.3% | −13.9 pts | ||
| 1 year | -14.1% | +12.4% | −26.6 pts | ||
| 3 years | +59.5% | +78.8% | −19.4 pts | +16.8% | +21.4% |
| 5 years | +100.6% | +75.2% | +25.4 pts | +14.9% | +11.9% |
| 10 years | +910.4% | +311.1% | +599.3 pts | +26.0% | +15.2% |
Nine years at a glance
Fiscal years 2017 to 2025 and trailing twelve months, USD
Revenue
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Texas Pacific Land filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Results
- Update
- Update
About Texas Pacific Land
Oil Royalty Traders
Texas Pacific Land Corporation manages surface acres and oil and gas royalty interests, operating primarily through two business segments: Land and Resource Management, and Water Services and Operations. The company does not produce oil and gas itself; instead, it generates revenue across the hydrocarbon development lifecycle by collecting oil and gas royalties, selling materials like caliche and sand, and leasing land for easements, commercial facilities, and utilities. Through Texas Pacific Water Resources LLC, the business provides comprehensive water management solutions, including water sourcing, produced-water treatment, and disposal services. Its primary customers consist of upstream and midstream oil and gas operators and energy service companies active in its operating region.
Company profile, executives and historyTexas Pacific Land stock: common questions
What is Texas Pacific Land's stock price?
TPL closed at $281.42 on Nov 11, 2026, up 2.47% on the day. Over the past 52 weeks it traded between $265.31 and $547.20.
What is Texas Pacific Land's market cap?
Texas Pacific Land was worth $19.41B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is TPL's P/E ratio?
TPL trades at 33.1 times earnings, based on diluted earnings per share of $8.51 over the twelve months to Sep 30, 2026.
How much revenue does Texas Pacific Land make?
Texas Pacific Land reported revenue of $967.85M for the twelve months to Sep 30, 2026, up 25.3% from a year earlier.
Does Texas Pacific Land pay a dividend?
Yes. Texas Pacific Land paid $2.13 per share over the last twelve months, a yield of 0.76% at the latest price.
When does Texas Pacific Land report earnings next?
Texas Pacific Land is expected to report Q4 FY2026 results on Feb 17, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has TPL stock performed over the past year?
Including dividends, TPL returned -14.1% over the past year, against +12.4% for the S&P 500.
How many TPL shares are sold short?
4M shares were sold short at the latest FINRA report, 8.82% of the float, or 14.0 days of average trading volume.
Who are Texas Pacific Land's competitors?
Companies most similar to Texas Pacific Land by business, industry and size include LB, FR, RGLD, RYN, ACTG.
See a number that looks wrong?