Texas Pacific Land (TPL) EBITDA (2019 - 2026)
Texas Pacific Land's (TPL) quarterly EBITDA came in at $196.6 million in Q2 2026, up 32.8% year-over-year from $148.1 million in Q2 2025, and up 5.13% quarter-over-quarter from $187.0 million in Q1 2026.
Analysis
Texas Pacific Land (TPL) EBITDA (2019 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has reported EBITDA for 8 consecutive years, with $196.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA rose 32.8% year-over-year to $196.6 million in Q2 2026; TTM through Jun 2026 was $690.7 million, a 19.23% increase from a year earlier, with the FY2025 full-year figure at $609.3 million, up 10.23% from the prior year.
- EBITDA was $196.6 million for Q2 2026 at Texas Pacific Land, up from $187.0 million in the prior quarter.
- Over five years, EBITDA peaked at $196.6 million in Q2 2026 and troughed at $108.0 million in Q1 2023.
- A 5-year average of $145.6 million and a median of $142.8 million in 2024 frame the typical range for EBITDA.
- Across the five-year window, EBITDA soared 107.56% in 2022 and decreased 21.55% in 2023, its largest moves.
- Over 5 years, EBITDA stood at $127.0 million in 2022, then gained by 7.66% to $136.8 million in 2023, then grew by 7.08% to $146.4 million in 2024, then gained by 4.99% to $153.7 million in 2025, then gained by 27.88% to $196.6 million in 2026.
- The last three EBITDA figures came in at $196.6 million (Q2 2026), $187.0 million (Q1 2026), and $153.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.83 Bn | 25.58 Bn | - | 196.62 Mn |
| 2 | Eason Technology | 6.12 Bn | 6.12 Bn | - | - |
| 3 | Opendoor Technologies | 2.91 Bn | 2.02 Bn | 86.00 Mn | -144.00 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 63.60 Mn |
| 5 | LandBridge | 2.44 Bn | 2.40 Bn | 65.51 Mn | 44.16 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | -26.50 Mn |
| 7 | Frp Holdings | 420.67 Mn | 420.67 Mn | - | 1.46 Mn |
| 8 | American Realty Investors | 250.20 Mn | 250.20 Mn | - | 952,000.00 |
| 9 | Belpointe PREP | 186.60 Mn | 186.60 Mn | - | - |
| 10 | Star Holdings | 114.16 Mn | 79.35 Mn | 5.31 Mn | -16.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 196.62 Mn |
| Mar 31, 2026 | 187.03 Mn |
| Dec 31, 2025 | 153.75 Mn |
| Sep 30, 2025 | 153.29 Mn |
| Jun 30, 2025 | 148.05 Mn |
| Mar 31, 2025 | 154.07 Mn |
| Dec 31, 2024 | 146.44 Mn |
| Sep 30, 2024 | 130.73 Mn |
| Jun 30, 2024 | 136.42 Mn |
| Mar 31, 2024 | 139.14 Mn |
| Dec 31, 2023 | 136.76 Mn |
| Sep 30, 2023 | 129.96 Mn |
| Jun 30, 2023 | 123.48 Mn |
| Mar 31, 2023 | 107.95 Mn |
| Dec 31, 2022 | 127.03 Mn |
| Sep 30, 2022 | 165.66 Mn |
| Jun 30, 2022 | 155.61 Mn |
| Mar 31, 2022 | 128.11 Mn |
| Dec 31, 2021 | 129.76 Mn |
| Sep 30, 2021 | 106.94 Mn |