Texas Pacific Land (TPL) EBIT (2019 - 2026)
Texas Pacific Land (TPL) recorded EBIT of $191.82 million in Q2 2026, up 33.4% from $143.75 million a year earlier and up 5.2% from the prior quarter.
Texas Pacific Land (TPL) EBIT (2019 - 2026) Analysis & Trends
On a TTM basis, Texas Pacific Land's EBIT came in at $672.48 million as of Jun 30, 2026, up 19.3% year-over-year; for FY2025, it came in at $592.16 million, up 9.8% from FY2024.
- Annual EBIT has a five-year compound annual growth rate of 22.2% (FY2020 to FY2025).
- Across earlier years, EBIT came in at $539.14 million in FY2024 (+10.9%), $486.05 million in FY2023 (-13.6%), $562.31 million in FY2022 (+55.2%) and $362.39 million in FY2021 (+66.8%).
- The Q2 2026 figure is the highest quarterly EBIT in data going back to Q4 2019.
- On a year-over-year basis, EBIT has increased for 11 consecutive quarters, with growth averaging 12.7% over the last eight quarters.
- Peak year-over-year performance for EBIT in the last five years was growth of 127.9% in Q4 2021, against a decline of 21.7% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $182.33 million (Q1 2026), $149.25 million (Q4 2025) and $149.09 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 19.01 Bn | 18.00 Bn | - | 207.78 Mn |
| 2 | Howard Hughes Holdings | 5.05 Bn | -3.83 Bn | 435.75 Mn | 156.97 Mn |
| 3 | Millrose Properties | 4.44 Bn | 4.25 Bn | - | 180.45 Mn |
| 4 | St Joe | 4.21 Bn | 3.71 Bn | 80.65 Mn | 61.54 Mn |
| 5 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.24 Bn | 2.06 Bn | - | 72.90 Mn |
| 6 | LandBridge | 1.86 Bn | 1.73 Bn | 65.71 Mn | 44.16 Mn |
| 7 | Opendoor Technologies | 1.28 Bn | -2.49 Bn | 38.00 Mn | -187.00 Mn |
| 8 | Forestar | 1.23 Bn | -114.18 Mn | 84.10 Mn | 45.80 Mn |
| 9 | Tejon Ranch | 475.29 Mn | 407.16 Mn | - | 2.37 Mn |
| 10 | Frp Holdings | 374.51 Mn | -74.53 Mn | - | 1.46 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 207.78 Mn |
| Jun 30, 2026 | 191.82 Mn |
| Mar 31, 2026 | 182.33 Mn |
| Dec 31, 2025 | 149.25 Mn |
| Sep 30, 2025 | 149.09 Mn |
| Jun 30, 2025 | 143.75 Mn |
| Mar 31, 2025 | 150.07 Mn |
| Dec 31, 2024 | 142.54 Mn |
| Sep 30, 2024 | 127.33 Mn |
| Jun 30, 2024 | 133.22 Mn |
| Mar 31, 2024 | 136.04 Mn |
| Dec 31, 2023 | 133.86 Mn |
| Sep 30, 2023 | 126.96 Mn |
| Jun 30, 2023 | 120.28 Mn |
| Mar 31, 2023 | 104.95 Mn |
| Dec 31, 2022 | 124.23 Mn |
| Sep 30, 2022 | 162.06 Mn |
| Jun 30, 2022 | 151.71 Mn |
| Mar 31, 2022 | 124.31 Mn |
| Dec 31, 2021 | 125.86 Mn |
Texas Pacific Land EBIT 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=ebit&ticker=TPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "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=ebit&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();