Texas Pacific Land (TPL) financial statements

+165.9%since 2018
FY2025 revenue
$798M▲ +13.1%
FY2025 net income
$481M▲ +6.0%
FY2025 diluted EPS
$6.97▲ +6.1%

Texas Pacific Land income statement

Texas Pacific Land income statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Revenue798706632
Operating income592539486
Pretax income610579518
Net income481454406
Diluted earnings per share6.976.575.86

Texas Pacific Land balance sheet

Texas Pacific Land balance sheet
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Cash and cash equivalents145371731
Total assets1,6231,2481,156
Total liabilities164116113
Total equity1,4591,1321,043

Texas Pacific Land cash flow statement

Texas Pacific Land cash flow statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Operating cash flow546491418
Dividends paid-148-347-100
Share repurchases-8-29-43

Quarterly highlights

Quarterly highlights
USD millionsQ3 FY2026Q2 FY2026Q1 FY2026Q4 FY2025
Period ended30 Sep 202630 Jun 202631 Mar 202631 Dec 2025
Revenue (derived)273246237212
Operating income (derived)208192182149
Net income (derived)167154143123
Diluted earnings per share2.422.232.07n/a
Operating cash flow (derived)192173162114
Total assets1,9881,8591,7511,623

Texas Pacific Land major shareholders

Texas Pacific Land major shareholders
HolderShare of classSharesFiled
HORIZON KINETICS ASSET MANAGEMENT LLC14.7%10,109,9337 May 2026
Horizon Kinetics Holding Corp14.7%10,109,9337 May 2026
STAHL MURRAY14.6%10,050,07027 March 2026
BlackRock, Inc.7.9%1,815,3316 February 2025
Vanguard Capital Management6.3%4,348,37930 April 2026

Texas Pacific Land 10-K and SEC filings

Texas Pacific Land 10-K and SEC filings
FiledFormTypeDescription
4 November 202610-QQuarterly reportQuarterly report
4 November 20268-KCurrent reportCurrent report
25 September 20268-KCurrent reportFORM 8-K
5 August 202610-QQuarterly reportQuarterly report
5 August 20268-KCurrent reportCurrent report
23 June 20268-KCurrent reportCurrent report
18 May 20268-KCurrent reportCurrent report
6 May 202610-QQuarterly reportQuarterly report

Common questions

What was Texas Pacific Land's revenue in fiscal 2025?

Texas Pacific Land reported $798 million in revenue for fiscal 2025, the year ended 31 December 2025, up 13.1% from fiscal 2024.

What was Texas Pacific Land's net income in fiscal 2025?

Texas Pacific Land reported net income of $481 million for fiscal 2025, the year ended 31 December 2025, up 6.0% from fiscal 2024. Diluted earnings per share were $6.97.

What were Texas Pacific Land's total assets at the end of fiscal 2025?

Texas Pacific Land reported total assets of $1.6 billion at the end of fiscal 2025, the year ended 31 December 2025.

Who reported holding 5% or more of Texas Pacific Land?

HORIZON KINETICS ASSET MANAGEMENT LLC reported holding 14.7% of a class of Texas Pacific Land shares in a filing dated 7 May 2026.

How much Texas Pacific Land history do I get?

Every account gets the full history, annual and quarterly, with first reported values and as of dates.