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TPL

Texas Pacific Land Corporation

Stock

$325.83−2.87 (−0.87%)Close Sep 30, 2026

Income statement

LineTTM20252024202320222021202020192018
Revenue$898M$798M$706M$632M$667M$451M$303M$490M$300M
Operating income$672M$592M$539M$486M$562M$362M$217M$400M$261M
Non-operating income$12M$18M$40M$32M$6.5M$624K$2.4M$2.7M$916K
Pretax income$684M$610M$579M$518M$569M$363M$220M$402M$262M
Taxes$143M$129M$125M$112M$122M$93M$44M$84M$52M
Net income$541M$481M$454M$406M$446M$270M$176M$319M$210M
Diluted EPS$7.84$6.97$6.57$5.86$6.42$3.87$2.52$4.57$2.99
Diluted shares—69.0M69.1M69.2M69.5M69.8M69.8M69.8M70.1M
Revenue growth—+13.1%+11.8%−5.4%+48.0%+49.0%−38.3%+63.4%—
Operating margin74.9%74.2%76.4%77.0%84.3%80.4%71.8%81.5%86.9%
Net margin60.3%60.3%64.3%64.2%66.9%59.9%58.2%65.0%69.9%

Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.

Revenue to net income