Texas Pacific Land (TPL) EBITDA Margin (2020 - 2026)
Texas Pacific Land (TPL) posted EBITDA Margin of 84.35% for Q3 2026, up 3.57 percentage points from 80.78% a year earlier but down 0.36 percentage points from the prior quarter.
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Analysis
Texas Pacific Land (TPL) EBITDA Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EBITDA Margin at Texas Pacific Land was 83.34%, up 0.80 percentage points year-over-year; for FY2025, it came in at 82.05%, up 2.10 percentage points from FY2024.
- Annual EBITDA Margin shows a five-year change of +5.48 percentage points (FY2020 to FY2025).
- In prior years, Texas Pacific Land's EBITDA Margin was 79.95% in FY2024 (+0.66 pp), 79.29% in FY2023 (-7.26 pp), 86.55% in FY2022 (+2.59 pp) and 83.97% in FY2021 (+7.40 pp).
- Quarterly EBITDA Margin has run from a low of 74.03% in Q1 2023 to a high of 88.71% in Q4 2021 over five years.
- On a year-over-year basis, EBITDA Margin has increased in each of the last three quarters, with an average year-over-year change of +1.70 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q2 2022, with a gain of 10.12 percentage points; the weakest was Q1 2023, with a drop of 13.14 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 84.72% (Q2 2026), 82.92% (Q1 2026) and 80.90% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 20.13 Bn | 19.12 Bn | 106.12 Mn | 84.35% |
| 2 | LandBridge | 5.63 Bn | 5.99 Bn | 69.80 Mn | 75.34% |
| 3 | Howard Hughes Holdings | 4.96 Bn | -3.82 Bn | 435.75 Mn | 31.91% |
| 4 | Millrose Properties | 3.99 Bn | 3.81 Bn | - | - |
| 5 | St Joe | 3.98 Bn | 3.49 Bn | 80.65 Mn | 46.67% |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.31 Bn | 2.12 Bn | - | 95.98% |
| 7 | EagleRock Land | 2.77 Bn | 4.07 Bn | 39.50 Mn | 65.86% |
| 8 | Forestar | 1.14 Bn | 1.14 Bn | - | - |
| 9 | Opendoor Technologies | 1.11 Bn | -2.66 Bn | 38.00 Mn | -17.51% |
| 10 | Five Point Holdings | 664.60 Mn | 682.31 Mn | 7.10 Mn | -74.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 84.35% |
| Jun 30, 2026 | 84.72% |
| Mar 31, 2026 | 82.92% |
| Dec 31, 2025 | 80.90% |
| Sep 30, 2025 | 80.78% |
| Jun 30, 2025 | 83.95% |
| Mar 31, 2025 | 82.67% |
| Dec 31, 2024 | 82.90% |
| Sep 30, 2024 | 76.68% |
| Jun 30, 2024 | 79.68% |
| Mar 31, 2024 | 80.33% |
| Dec 31, 2023 | 82.65% |
| Sep 30, 2023 | 82.64% |
| Jun 30, 2023 | 77.31% |
| Mar 31, 2023 | 74.03% |
| Dec 31, 2022 | 83.42% |
| Sep 30, 2022 | 86.85% |
| Jun 30, 2022 | 88.44% |
| Mar 31, 2022 | 87.17% |
| Dec 31, 2021 | 88.71% |
API Access
Texas Pacific Land EBITDA 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=ebitda-margin&ticker=TPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-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=ebitda-margin&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();