Texas Pacific Land Corporation (TPL) — Financial statements
Income statement, balance sheet, and cash flow for Texas Pacific Land Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 798↑13.1% | 706↑11.8% | 632↓5.4% | 667↑48.0% | 451 | |
| Cost of Revenue | 0.00↓100.0% | 71↑47.5% | 48↑46.9% | 33↑11.5% | 29 | |
| Gross Profit | 798↑25.8% | 635↑8.8% | 583↓8.1% | 635↑50.6% | 421 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 24↓31.0% | 34↓61.6% | 90↑41.5% | 63↑7.5% | 59 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 24↓31.0% | 34↓61.6% | 90↑41.5% | 63↑7.5% | 59 | |
| Other Expenses | 182↑199.2% | 61↑724.9% | 7↓15.4% | 9 | 0.00 | |
| Operating Expenses | 206↑116.0% | 95↓1.9% | 97↑34.6% | 72↑22.3% | 59 | |
| Total Costs & Expenses | 206↑23.6% | 167↑14.5% | 146↑38.5% | 105↑18.7% | 89 | |
| Operating Results | ||||||
| Operating Income | 592↑9.8% | 539↑10.9% | 486↓13.6% | 562↑55.2% | 362 | |
| Depreciation & Amortization | 63↑148.5% | 25↑70.5% | 15↓4.0% | 15↓5.4% | 16 | |
| EBITDA | 655↑16.2% | 564↑12.7% | 501↓13.3% | 578↑52.6% | 379 | |
| EBIT | 593↑10.0% | 539↑10.9% | 486↓13.6% | 563↑55.2% | 363 | |
| Interest & Other Income | ||||||
| Net Interest Income | 18↓44.1% | 32↑12.3% | 29↑361.3% | 6 | 0.00 | |
| Interest Income | 18↓44.1% | 32↑12.3% | 29↑361.3% | 6 | 0.00 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | -0.76 | 0.00↑100.0% | -0.51↓41.2% | -0.36↓222.1% | -0.11 | |
| Other Income / Expenses | 18↓54.2% | 40↑25.9% | 32↑381.2% | 7↑949.4% | 0.62 | |
| Income Before Tax | 610↑5.4% | 579↑11.8% | 518↓9.0% | 569↑56.7% | 363 | |
| Income Tax Expense | 129↑3.3% | 125↑11.6% | 112↓8.6% | 122↑31.7% | 93 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 481↑6.0% | 454↑11.9% | 406↓9.1% | 446↑65.3% | 270 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 481↑6.0% | 454↑11.9% | 406↓9.1% | 446↑65.3% | 270 | |
| Bottom-Line Net Income | 481↑6.0% | 454↑11.9% | 406↓9.1% | 446↑65.3% | 270 | |
| EPS (Basic) | 6.98↑6.0% | 6.58↑12.2% | 5.87↓8.7% | 6.42↑66.0% | 3.87 | |
| EPS (Diluted) | 6.97↑6.0% | 6.57↑12.1% | 5.86↓8.7% | 6.42↑65.9% | 3.87 | |
| Weighted Average Shares | 69↓0.2% | 69↓0.2% | 69↓0.5% | 70↓0.3% | 70 | |
| Weighted Average Diluted Shares | 69↓0.0% | 69↓0.2% | 69↓0.5% | 70↓0.3% | 70 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.