Texas Pacific Land (TPL) EBITDA (2019 - 2026)
Texas Pacific Land (TPL) posted quarterly EBITDA of $182.3 million for Q1 2026, up 21.49% year-over-year from $150.1 million in Q1 2025, and up 22.17% quarter-over-quarter from $149.2 million in Q4 2025.
Texas Pacific Land (TPL) EBITDA (2019 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has reported EBITDA for 8 consecutive years, with $182.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA rose 21.49% year-over-year to $182.3 million; the TTM figure through Mar 2026 stood at $624.4 million (up 12.88% YoY), while the FY2025 annual figure was $592.2 million, up 9.83% from the prior year.
- EBITDA climbed to $182.3 million in Q1 2026 per TPL's latest filing, from $149.2 million in the prior quarter.
- Across five years, EBITDA topped out at $182.3 million in Q1 2026 and bottomed at $105.0 million in Q1 2023.
- Historically, EBITDA has averaged $138.9 million across 5 years, with a median of $136.0 million in 2024.
- Annual changes were most pronounced in 2022 — EBITDA soared 112.86% — and 2023, when it retreated 21.66%.
- Texas Pacific Land's EBITDA stood at $124.2 million in 2022, then climbed by 7.75% to $133.9 million in 2023, then gained by 6.48% to $142.5 million in 2024, then increased by 4.7% to $149.2 million in 2025, then climbed by 22.17% to $182.3 million in 2026.
- Business Quant data shows TPL's EBITDA at $182.3 million in Q1 2026, $149.2 million in Q4 2025, and $149.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 10.38 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 10.54 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 3.53 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 2.51 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 2.38 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 3.19 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 394.04 Mn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 196.62 Mn |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 661.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 103.24 Mn |