Texas Pacific Land (TPL) Common Equity (2019 - 2026)
Texas Pacific Land (TPL) reported Common Equity of $1.67 billion for Q2 2026, up 29.7% from $1.29 billion a year earlier and up 7.5% from the prior quarter.
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Analysis
Texas Pacific Land (TPL) Common Equity (2019 - 2026) Analysis & Trends
At the end of FY2025, Texas Pacific Land posted Common Equity of $1.46 billion, up 28.8% from FY2024.
- Common Equity has increased for five consecutive years, with a five-year compound annual growth rate of 24.6% (FY2020 to FY2025).
- By year, Common Equity came in at $1.13 billion in FY2024 (+8.6%), $1.04 billion in FY2023 (+35.0%), $772.89 million in FY2022 (+18.6%) and $651.71 million in FY2021 (+34.3%).
- The Q2 2026 figure ranks as the highest quarterly Common Equity in data going back to Q4 2019.
- Year over year, Common Equity has now increased in each of the last 22 quarters, with growth averaging 18.7% over the last eight quarters.
- Over the past five years, the year-over-year growth in Common Equity ranged from 6.8% (Q2 2025) to 41.6% (Q1 2022).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.56 billion (Q1 2026), $1.46 billion (Q4 2025) and $1.37 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.67 Bn | 21.49 Bn | - | 1.67 Bn |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | 6.58 Mn |
| 3 | LandBridge | 6.19 Bn | 6.54 Bn | 65.71 Mn | 831.81 Mn |
| 4 | Millrose Properties | 4.09 Bn | 4.09 Bn | - | 5.85 Bn |
| 5 | St Joe | 3.77 Bn | 3.27 Bn | 73.42 Mn | 772.97 Mn |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 3.15 Bn |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | 914.00 Mn |
| 8 | Forestar | 1.33 Bn | -18.53 Mn | 84.10 Mn | 1.86 Bn |
| 9 | Five Point Holdings | 699.67 Mn | 728.44 Mn | -23.72 Mn | 2.34 Bn |
| 10 | Tejon Ranch | 441.80 Mn | 376.78 Mn | - | 492.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.67 Bn |
| Mar 31, 2026 | 1.56 Bn |
| Dec 31, 2025 | 1.46 Bn |
| Sep 30, 2025 | 1.37 Bn |
| Jun 30, 2025 | 1.29 Bn |
| Mar 31, 2025 | 1.21 Bn |
| Dec 31, 2024 | 1.13 Bn |
| Sep 30, 2024 | 1.05 Bn |
| Jun 30, 2024 | 1.21 Bn |
| Mar 31, 2024 | 1.12 Bn |
| Dec 31, 2023 | 1.04 Bn |
| Sep 30, 2023 | 964.56 Mn |
| Jun 30, 2023 | 887.55 Mn |
| Mar 31, 2023 | 829.05 Mn |
| Dec 31, 2022 | 772.89 Mn |
| Sep 30, 2022 | 721.17 Mn |
| Jun 30, 2022 | 645.28 Mn |
| Mar 31, 2022 | 727.88 Mn |
| Dec 31, 2021 | 651.71 Mn |
| Sep 30, 2021 | 601.04 Mn |
API Access
Texas Pacific Land Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=TPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "TPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();