Texas Pacific Land (TPL) EBIT Margin (2019 - 2026)
Texas Pacific Land's EBIT Margin was 77.96% in Q2 2026, up 1.31 percentage points from 76.65% a year earlier and up 0.96 percentage points from the prior quarter.
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Analysis
Texas Pacific Land (TPL) EBIT Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Texas Pacific Land's EBIT Margin was 74.92% through Jun 30, 2026, down 0.96 percentage points year-over-year; for FY2025, it came in at 74.19%, down 2.20 percentage points from FY2024.
- EBIT Margin has now declined for three consecutive years, though with a five-year change of +2.38 percentage points (FY2020 to FY2025).
- In earlier years, EBIT Margin was 76.38% in FY2024 (-0.57 pp), 76.96% in FY2023 (-7.29 pp), 84.25% in FY2022 (+3.89 pp) and 80.36% in FY2021 (+8.55 pp).
- The Q2 2026 figure marks the highest quarterly EBIT Margin since Q1 2024.
- Compared with a year earlier, EBIT Margin was higher in three of the last eight quarters, with an average year-over-year change of -2.15 percentage points.
- The best year-over-year quarter for EBIT Margin over five years was Q2 2022 (a gain of 11.77 percentage points); the worst was Q1 2023 (a drop of 12.67 percentage points).
- Per Business Quant data, TPL's EBIT Margin in the three quarters before Q2 2026 was 76.99% (Q1 2026), 70.54% (Q4 2025) and 73.41% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.67 Bn | 21.49 Bn | - | 77.96% |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | - |
| 3 | LandBridge | 6.19 Bn | 6.54 Bn | 65.71 Mn | 66.07% |
| 4 | Millrose Properties | 4.09 Bn | 4.09 Bn | - | 85.16% |
| 5 | St Joe | 3.77 Bn | 3.27 Bn | 73.42 Mn | 34.49% |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 91.08% |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | -16.31% |
| 8 | Forestar | 1.33 Bn | -18.53 Mn | 84.10 Mn | 11.25% |
| 9 | Five Point Holdings | 699.67 Mn | 728.44 Mn | -23.72 Mn | -325.18% |
| 10 | Tejon Ranch | 441.80 Mn | 376.78 Mn | - | 2.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.96% |
| Mar 31, 2026 | 76.99% |
| Dec 31, 2025 | 70.54% |
| Sep 30, 2025 | 73.41% |
| Jun 30, 2025 | 76.65% |
| Mar 31, 2025 | 76.57% |
| Dec 31, 2024 | 76.73% |
| Sep 30, 2024 | 73.36% |
| Jun 30, 2024 | 77.30% |
| Mar 31, 2024 | 78.12% |
| Dec 31, 2023 | 80.32% |
| Sep 30, 2023 | 80.37% |
| Jun 30, 2023 | 74.89% |
| Mar 31, 2023 | 71.71% |
| Dec 31, 2022 | 81.35% |
| Sep 30, 2022 | 84.80% |
| Jun 30, 2022 | 86.07% |
| Mar 31, 2022 | 84.37% |
| Dec 31, 2021 | 85.52% |
| Sep 30, 2021 | 83.46% |
API Access
Texas Pacific Land EBIT Margin 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-margin&ticker=TPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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-margin&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();