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Texas Pacific Land stock: growth
TPLTexas Pacific Land reported $798.19M in revenue for fiscal 2025, up 13.1% on the prior year, up 21.4% a year on average over up to five years.
Daily figure as of 12 Nov 2026
Revenue (Annual rate)
20.7%
per year from 2006 to 2025, per share 30.1%
Earnings (Annual rate)
21.7%
per year from 2006 to 2025, per share 23.8%
Free cash flow (Annual rate)
22.5%
per year from 2006 to 2025, per share 32.1%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 21.4% | 26.0% | 20.7% |
| Revenue per share | 21.7% | 26.8% | 30.1% |
| Earnings | 22.3% | 25.4% | 21.7% |
| Earnings per share | 22.6% | 26.3% | 23.8% |
| Free cash flow | 19.2% | 25.7% | 22.5% |
| Free cash flow per share | 19.5% | 26.6% | 32.1% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $22.46M | $11.57M | $10.3M |
| 2007 | $15.47M | $8.25M | $9.51M |
| 2008 | $19.3M | $10.94M | $11.43M |
| 2009 | $13.08M | $6.91M | $9.36M |
| 2010 | $20.07M | $11.31M | $11.67M |
| 2011 | $33.42M | $20.59M | $23.89M |
| 2012 | $32.59M | $19.65M | $19.86M |
| 2013 | $44.11M | $27.22M | $30.01M |
| 2014 | $55.2M | $34.77M | $38.8M |
| 2015 | $79.41M | $50.04M | $49.35M |
| 2016 | $59.91M | $37.24M | $39.98M |
| 2017 | $132.33M | $76.36M | $75.08M |
| 2018 | $300.22M | $209.74M | $147.57M |
| 2019 | $490.5M | $318.73M | $310.58M |
| 2020 | $302.55M | $176.05M | $201.95M |
| 2021 | $450.96M | $269.98M | $249.62M |
| 2022 | $667.42M | $446.36M | $427.94M |
| 2023 | $631.6M | $405.65M | $403.26M |
| 2024 | $705.82M | $453.96M | $460.98M |
| 2025 | $798.19M | $481.38M | $486.38M |
Revenue by segment
How Texas Pacific Land Corporation makes its money and how that has shifted. Names are as the company reports them.
- Oil And Gas Royalties52%
- Water Sales And Royalties21%
- Produced Water Royalties16%
- Easement and Sundry11%
- Other< 1%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|
| Oil And Gas Royalties | $286.47M | $452.43M | $357.39M | $373.33M | $411.68M | 51.6% |
| Water Sales And Royalties | $67.77M | $84.73M | $112.2M | $150.72M | $169.7M | 21.3% |
| Produced Water Royalties | $58.08M | $72.23M | $84.26M | $104.12M | $124.22M | 15.6% |
| Easement and Sundry | $37.62M | $48.06M | $70.93M | $73.26M | $91.78M | 11.5% |
| Other | $0 | $9.97M | $6.81M | $0 | $0 | 0% |
| Total revenue | $450.96M | $667.42M | $631.6M | $705.82M | $798.19M | 100% |
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong since 11 Nov 2026, previously Neutral
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.