# Texas Pacific Land Corporation (TPL) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Energy / Oil, Gas & Consumable Fuels. Price $362.42, market value $25.0 billion.

## Valuation
- **P/E (trailing): 46.3×** (5-yr avg 39.7×, 3-yr avg 41.9×). Texas Pacific Land Corporation trades at 46.3× trailing earnings, close to its own five-year average of 39.7×. The Energy median in the September 2026 study was 16.8×. Forward P/E is 5.0×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.81**. A PEG of 0.81 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 27.9×**. Each dollar of revenue is priced at 27.9×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 16.1×**. The shares trade at 16.1× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Earnings yield: 2.2%**. The inverse of the P/E: 2.2% of the price is earned each year.

## Profitability
- **Operating margin: 74.9%**. 74.9% of revenue is left after running the business, an exceptional level.
- **Net margin: 60.3%**. 60.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 33.0%**. 33.0% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on assets: 33.4%**. Each dollar of assets produces 33.4% of profit.

## Growth
- **Revenue growth (1 yr): 13.1%** (3-yr 6.1%/yr, 5-yr 21.4%/yr). Revenue grew 13.1% over the last year, against 21.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 6.1%** (3-yr 2.8%/yr, 5-yr 22.5%/yr). Earnings per share rose 6.1%, slower than revenue, so margins compressed.

## Financial health
- **Current ratio: 4.40** (quick 4.40). Current assets cover the next year's liabilities 4.40 times.
- **Altman Z-score: 94.39**. A Z-score of 94.39 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.66%** ($2.27 per share, trailing). Texas Pacific Land Corporation yields 0.66%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 31%**. 31% of earnings goes out as dividends, leaving room to keep raising it.
- **Dividend growth (5 yr): -5.9%/yr** (1-yr -57.6%). The dividend has not grown over five years.

## Price and momentum
- **Total return (1 yr): 17.6%** (YTD 26.5%, 3-mo -7.0%). The shares are up 17.6% over twelve months including dividends.
- **From 52-week high: -33.8%** (34.6% above the low). Trading 34% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 44**. An RSI of 44 is neutral.
- **Beta (1 yr): 0.33** (volatility 48%). Beta of 0.33 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TPL · Page: https://foliofundamentals.com/stocks/tpl

Not investment advice.