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Complete financial analysis of Texas Pacific Land Corporation (TPL) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Texas Pacific Land Corporation, a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.
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Texas Pacific Land Corporation (TPL)
About Texas Pacific Land Corporation
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages approximately 880,000 acres of land. This segment also holds own a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres located in the western part of Texas. In addition, this segment engages in easements and commercial leases activities, such as oil, gas and related hydrocarbons, power line and utility easements, and subsurface wellbore easements. Further, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche. Its Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water gathering/treatment, infrastructure development, disposal solutions, water tracking, analytics, and well testing services to operators in the Permian Basin. This segment also holds royalties for water sourced from its land. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.
Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 631.60M | 667.42M | 450.96M | 302.55M | 490.50M | 300.22M | 132.33M | 59.91M | 79.41M | 55.20M | 44.11M | 32.59M | 33.42M | 20.07M | 13.08M | 19.30M | 15.47M | 22.46M | 15.41M | 29.14M | 9.95M | 9.12M | 13.43M | 7.80M | 5.92M | 10.48M | 13.08M | 8.58M | 6.44M | 9.10M | 5.30M | 4.30M | 4.90M | 5.60M | 5.40M | 4.90M | 5.40M | 6.20M | 12.20M |
Cost of Revenue | 48.32M | 32.89M | 29.49M | 32.60M | 29.71M | 13.75M | 867.00K | 43.29K | 35.83K | 19.73K | 16.29K | 16.50K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Gross Profit | 583.27M | 634.53M | 421.47M | 269.95M | 460.78M | 286.47M | 131.46M | 59.87M | 79.38M | 55.18M | 44.09M | 32.57M | 33.42M | 20.07M | 13.08M | 19.30M | 15.47M | 22.46M | 15.41M | 29.14M | 9.95M | 9.12M | 13.43M | 7.80M | 5.92M | 10.48M | 13.08M | 8.58M | 6.44M | 9.10M | 5.30M | 4.30M | 4.90M | 5.60M | 5.40M | 4.90M | 5.40M | 6.20M | 12.20M |
Gross Profit Ratio | 92.35% | 95.07% | 93.46% | 89.22% | 93.94% | 95.42% | 99.34% | 99.93% | 99.95% | 99.96% | 99.96% | 99.95% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
Research & Development | 0.00 | 0.85 | 0.80 | 0.73 | 0.82 | 0.87 | 0.94 | 0.92 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
General & Administrative | 89.83M | 63.49M | 59.08M | 52.70M | 59.01M | 25.64M | 8.52M | 3.02M | 2.64M | 2.07M | 2.53M | 2.32M | 2.58M | 2.88M | 2.44M | 2.78M | 579.69K | 555.37K | 487.23K | 442.65K | 405.61K | 445.15K | 530.56K | 468.95K | 413.62K | 398.69K | 491.40K | 430.58K | 455.97K | 500.00K | 900.00K | 900.00K | 400.00K | 400.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A | 89.83M | 63.49M | 59.08M | 52.70M | 59.01M | 25.64M | 8.52M | 3.02M | 2.64M | 2.07M | 2.53M | 2.32M | 2.58M | 2.88M | 2.44M | 2.78M | 579.69K | 555.37K | 487.23K | 442.65K | 405.61K | 445.15K | 530.56K | 468.95K | 413.62K | 398.69K | 491.40K | 430.58K | 455.97K | 500.00K | 900.00K | 900.00K | 400.00K | 400.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other Expenses | 7.39M | 8.73M | 624.00K | 2.41M | 2.68M | 916.00K | 3.17M | 1.79M | 1.48M | 1.70M | 1.43M | 949.76K | 980.07K | 790.77K | 653.59K | 935.42K | 3.38M | 5.59M | 2.75M | 2.93M | 1.95M | 1.58M | 2.85M | 1.99M | 1.31M | 1.24M | 2.75M | 2.01M | 1.23M | -1.80M | -1.70M | -1.60M | -1.60M | -1.50M | -1.40M | -1.30M | -1.30M | -1.30M | -1.40M |
Operating Expenses | 97.22M | 72.22M | 59.08M | 52.70M | 59.01M | 25.64M | 11.69M | 4.81M | 4.12M | 3.77M | 3.96M | 3.27M | 3.56M | 3.67M | 3.09M | 3.72M | 3.96M | 6.14M | 3.23M | 3.37M | 2.36M | 2.03M | 3.39M | 2.46M | 1.72M | 1.64M | 3.24M | 2.44M | 1.69M | -1.30M | -800.00K | -700.00K | -1.20M | -1.10M | -1.40M | -1.30M | -1.30M | -1.30M | -1.40M |
Cost & Expenses | 145.54M | 105.12M | 88.57M | 85.30M | 88.72M | 39.39M | 12.55M | 4.85M | 4.16M | 3.79M | 3.98M | 3.28M | 3.56M | 3.67M | 3.09M | 3.72M | 3.96M | 6.14M | 3.23M | 3.37M | 2.36M | 2.03M | 3.39M | 2.46M | 1.72M | 1.64M | 3.24M | 2.44M | 1.69M | -1.30M | -800.00K | -700.00K | -1.20M | -1.10M | -1.40M | -1.30M | -1.30M | -1.30M | -1.40M |
Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 84.00K | 29.07K | 27.44K | 14.52K | 12.01K | 19.44K | 898.28K | 25.71K | 1.27M | 1.59M | 1.83M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 84.00K | 29.07K | 27.44K | 14.52K | 12.01K | 19.44K | 898.28K | 25.71K | 1.27M | 1.59M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation & Amortization | 14.76M | 105.12M | 88.57M | 85.30M | 90.92M | 39.39M | 9.69M | 4.85M | 25.37K | 19.73K | 16.29K | 16.50K | 12.68K | 15.39K | 42.14K | 36.80K | 36.00K | 37.13K | 28.79K | 38.17K | 50.93K | 49.97K | 52.12K | 44.41K | 48.03K | 60.32K | 49.20K | 15.73K | 11.31K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EBITDA | 500.81M | 577.68M | 378.65M | 231.66M | 408.48M | 263.42M | 145.32M | 55.10M | 75.28M | 51.44M | 40.15M | 29.32M | 30.75M | 16.41M | 10.03M | 15.61M | 11.54M | 16.35M | 12.20M | 25.81M | 7.65M | 7.14M | 10.10M | 5.39M | 4.25M | 8.90M | 9.88M | 6.15M | 4.76M | 10.40M | 6.10M | 5.00M | 6.10M | 6.70M | 6.80M | 6.20M | 6.70M | 7.50M | 13.60M |
EBITDA Ratio | 79.29% | 84.25% | 80.36% | 71.81% | 81.91% | 87.74% | 90.80% | 91.97% | 94.79% | 93.18% | 91.02% | 89.97% | 89.38% | 81.80% | 76.68% | 80.91% | 74.64% | 72.81% | 79.19% | 88.57% | 76.82% | 78.31% | 75.18% | 69.08% | 71.70% | 84.94% | 75.57% | 71.72% | 73.96% | 114.29% | 115.09% | 116.28% | 124.49% | 119.64% | 125.93% | 126.53% | 124.07% | 120.97% | 111.48% |
Operating Income | 486.05M | 562.31M | 362.39M | 217.25M | 401.77M | 260.83M | 119.78M | 55.06M | 75.26M | 51.42M | 40.13M | 29.30M | 30.74M | 16.40M | 9.99M | 15.58M | 11.51M | 16.32M | 12.17M | 25.77M | 7.60M | 7.09M | 10.04M | 5.34M | 4.20M | 8.84M | 9.83M | 6.14M | 4.75M | 10.40M | 6.10M | 5.00M | 6.10M | 6.70M | 6.80M | 6.20M | 6.70M | 7.50M | 13.60M |
Operating Income Ratio | 76.96% | 84.25% | 80.36% | 71.81% | 81.91% | 86.88% | 90.51% | 91.90% | 94.76% | 93.14% | 90.98% | 89.92% | 91.97% | 81.72% | 76.36% | 80.72% | 74.41% | 72.65% | 79.00% | 88.44% | 76.31% | 77.76% | 74.79% | 68.51% | 70.89% | 84.37% | 75.19% | 71.54% | 73.78% | 114.29% | 115.09% | 116.28% | 124.49% | 119.64% | 125.93% | 126.53% | 124.07% | 120.97% | 111.48% |
Total Other Income/Expenses | 31.51M | 6.55M | 624.00K | 2.40M | 2.68M | 916.00K | 114.00K | 29.07K | 27.44K | 14.52K | 12.01K | 19.44K | 18.53K | 25.71K | 53.43K | 228.75K | 370.00K | 561.28K | 245.86K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -51.72K | -3.10M | -2.50M | -2.30M | -2.80M | -2.60M | -2.80M | -2.50M | -2.60M | -2.60M | -2.80M |
Income Before Tax | 517.56M | 568.86M | 363.02M | 219.66M | 404.46M | 261.75M | 119.86M | 55.09M | 75.28M | 51.43M | 40.14M | 29.32M | 30.76M | 16.42M | 10.04M | 15.80M | 11.88M | 16.88M | 12.17M | 25.77M | 7.60M | 7.09M | 10.04M | 5.34M | 4.20M | 8.84M | 9.83M | 6.14M | 4.75M | 7.30M | 3.60M | 2.70M | 3.30M | 4.10M | 4.00M | 3.70M | 4.10M | 4.90M | 10.80M |
Income Before Tax Ratio | 81.95% | 85.23% | 80.50% | 72.60% | 82.46% | 87.19% | 90.58% | 91.95% | 94.80% | 93.17% | 91.01% | 89.98% | 92.03% | 81.85% | 76.77% | 81.91% | 76.80% | 75.15% | 79.00% | 88.44% | 76.31% | 77.76% | 74.79% | 68.51% | 70.89% | 84.37% | 75.19% | 71.54% | 73.78% | 80.22% | 67.92% | 62.79% | 67.35% | 73.21% | 74.07% | 75.51% | 75.93% | 79.03% | 88.52% |
Income Tax Expense | 111.92M | 122.49M | 93.04M | 43.61M | 83.53M | 52.01M | 43.50M | 17.85M | 25.24M | 16.67M | 12.92M | 9.68M | 10.16M | 5.12M | 3.13M | 4.87M | 3.63M | 5.31M | 3.66M | 8.36M | 2.27M | 2.19M | 3.16M | 1.58M | 1.26M | 2.81M | 3.12M | 1.87M | 1.42M | 2.30M | 1.10M | 700.00K | 1.00M | 1.30M | 1.20M | 1.40M | 1.40M | 1.80M | 3.80M |
Net Income | 405.65M | 446.36M | 269.98M | 176.05M | 320.93M | 209.74M | 76.36M | 37.24M | 50.04M | 34.77M | 27.22M | 19.65M | 20.59M | 11.31M | 6.91M | 10.94M | 8.25M | 11.57M | 8.51M | 17.41M | 5.33M | 4.90M | 6.89M | 3.76M | 2.94M | 6.03M | 6.71M | 4.26M | 3.33M | 5.00M | 1.70M | 2.00M | 2.30M | 2.80M | 2.80M | 2.30M | 2.70M | 3.10M | 7.00M |
Net Income Ratio | 64.23% | 66.88% | 59.87% | 58.19% | 65.43% | 69.86% | 57.71% | 62.16% | 63.01% | 62.98% | 61.71% | 60.29% | 61.62% | 56.36% | 52.84% | 56.69% | 53.34% | 51.51% | 55.25% | 59.75% | 53.55% | 53.72% | 51.28% | 48.19% | 49.59% | 57.57% | 51.29% | 49.69% | 51.69% | 54.95% | 32.08% | 46.51% | 46.94% | 50.00% | 51.85% | 46.94% | 50.00% | 50.00% | 57.38% |
EPS | 17.60 | 19.27 | 11.61 | 7.57 | 13.79 | 8.98 | 3.24 | 1.55 | 2.03 | 1.38 | 1.05 | 0.73 | 0.74 | 0.39 | 0.23 | 0.35 | 0.26 | 0.36 | 0.26 | 0.53 | 0.16 | 0.14 | 0.19 | 0.10 | 0.07 | 0.15 | 0.16 | 0.10 | 0.07 | 0.11 | 0.03 | 0.04 | 0.04 | 0.05 | 0.05 | 0.04 | 0.05 | 0.05 | 0.12 |
EPS Diluted | 17.59 | 19.26 | 11.61 | 7.57 | 13.79 | 8.98 | 3.24 | 1.55 | 2.03 | 1.38 | 1.05 | 0.73 | 0.74 | 0.39 | 0.23 | 0.35 | 0.26 | 0.36 | 0.26 | 0.53 | 0.16 | 0.14 | 0.19 | 0.10 | 0.07 | 0.15 | 0.16 | 0.10 | 0.07 | 0.11 | 0.03 | 0.04 | 0.04 | 0.05 | 0.05 | 0.04 | 0.05 | 0.05 | 0.12 |
Weighted Avg Shares Out | 23.04M | 23.17M | 23.26M | 23.27M | 23.27M | 23.36M | 23.56M | 23.97M | 24.59M | 25.19M | 25.80M | 26.82M | 28.01M | 29.04M | 30.05M | 31.06M | 31.61M | 32.14M | 32.57M | 33.10M | 34.17M | 35.17M | 37.02M | 38.35M | 39.70M | 40.77M | 42.09M | 44.18M | 45.41M | 47.47M | 49.04M | 50.00M | 52.27M | 53.16M | 54.55M | 54.76M | 55.48M | 56.71M | 59.32M |
Weighted Avg Shares Out (Dil) | 23.06M | 23.18M | 23.26M | 23.27M | 23.27M | 23.36M | 23.56M | 23.97M | 24.59M | 25.19M | 25.80M | 26.82M | 28.01M | 29.04M | 30.05M | 31.22M | 31.68M | 32.14M | 32.57M | 33.10M | 34.17M | 35.17M | 37.02M | 38.35M | 39.77M | 40.95M | 42.44M | 44.18M | 45.41M | 47.47M | 49.04M | 50.00M | 52.27M | 53.16M | 54.55M | 54.76M | 55.48M | 56.71M | 59.32M |
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Source: https://incomestatements.info
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