Texas Pacific Land financials
$328.70−2.79%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $798.2M | $705.8M | $631.6M | $667.4M | $451.0M |
| Gross profit | $744.7M | $659.7M | $598.0M | $650.0M | $437.7M |
| Gross margin | 93.3% | 93.5% | 94.7% | 97.4% | 97.1% |
| Operating income | $592.2M | $539.1M | $486.1M | $562.3M | $362.4M |
| Net income | $481.4M | $454.0M | $405.6M | $446.4M | $270.0M |
| Net margin | 60.3% | 64.3% | 64.2% | 66.9% | 59.9% |
| Diluted EPS | $6.97 | $6.57 | $5.86 | $6.42 | $3.87 |
| EBITDA | $654.7M | $564.3M | $500.8M | $577.7M | $378.6M |
| Operating cash flow | $545.9M | $490.7M | $418.3M | $447.1M | $265.2M |
| Free cash flow | $486.4M | $461.0M | $403.3M | $427.9M | $249.6M |
| Diluted shares | 69.0M | 69.1M | 69.2M | 69.5M | 69.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $144.8M | $369.8M | $725.2M | $510.8M | $428.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $1.62B | $1.25B | $1.16B | $877.4M | $764.1M |
| Total liabilities | $164.4M | $115.6M | $113.2M | $104.5M | $112.4M |
| Shareholders' equity | $1.46B | $1.13B | $1.04B | $772.9M | $651.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology