Texas Pacific Land (TPL) EBITDA Margin (2019 - 2026)
Texas Pacific Land's (TPL) quarterly EBITDA Margin came in at 79.91% in Q2 2026, up 96.0% year-over-year from 40.77% in Q2 2025, and up 1.18% quarter-over-quarter from 78.98% in Q1 2026.
Analysis
Texas Pacific Land (TPL) EBITDA Margin (2019 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has reported EBITDA Margin for 8 consecutive years, with 79.91% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 96.0% year-over-year to 79.91% in Q2 2026; TTM through Jun 2026 was 76.95%, a 103.0% decrease from a year earlier, with the FY2025 full-year figure at 76.33%, down 198.0% from the prior year.
- EBITDA Margin was 79.91% for Q2 2026 at Texas Pacific Land, up from 78.98% in the prior quarter.
- Over five years, EBITDA Margin peaked at 88.28% in Q2 2022 and troughed at 72.67% in Q4 2025.
- A 5-year average of 79.88% and a median of 79.07% in 2026 frame the typical range for EBITDA Margin.
- Across the five-year window, EBITDA Margin jumped 1013 bps in 2022 and slumped 1320 bps in 2023, its largest moves.
- Over 5 years, EBITDA Margin stood at 83.19% in 2022, then slipped by 1 bps to 82.06% in 2023, then slipped by 4 bps to 78.82% in 2024, then retreated by 8 bps to 72.67% in 2025, then rose by 10 bps to 79.91% in 2026.
- The last three EBITDA Margin figures came in at 79.91% (Q2 2026), 78.98% (Q1 2026), and 72.67% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.00 Bn | 24.76 Bn | - | 79.91% |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - | - |
| 3 | LandBridge | 6.64 Bn | 7.07 Bn | 65.51 Mn | 66.07% |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.07 Bn | 6.22 Bn | - | 81.02% |
| 5 | Opendoor Technologies | 3.05 Bn | 2.16 Bn | 86.00 Mn | -16.31% |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | -22.61% |
| 7 | Frp Holdings | 433.69 Mn | 433.69 Mn | - | 13.16% |
| 8 | American Realty Investors | 250.20 Mn | 445.20 Mn | - | 7.40% |
| 9 | Belpointe PREP | 188.11 Mn | 188.11 Mn | - | - |
| 10 | Star Holdings | 119.97 Mn | 86.41 Mn | 5.31 Mn | -84.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 79.91% |
| Mar 31, 2026 | 78.98% |
| Dec 31, 2025 | 72.67% |
| Sep 30, 2025 | 75.48% |
| Jun 30, 2025 | 78.94% |
| Mar 31, 2025 | 78.62% |
| Dec 31, 2024 | 78.82% |
| Sep 30, 2024 | 75.32% |
| Jun 30, 2024 | 79.16% |
| Mar 31, 2024 | 79.90% |
| Dec 31, 2023 | 82.06% |
| Sep 30, 2023 | 82.27% |
| Jun 30, 2023 | 76.88% |
| Mar 31, 2023 | 73.76% |
| Dec 31, 2022 | 83.19% |
| Sep 30, 2022 | 86.68% |
| Jun 30, 2022 | 88.28% |
| Mar 31, 2022 | 86.95% |
| Dec 31, 2021 | 88.17% |
| Sep 30, 2021 | 86.46% |