Texas Pacific Land (TPL) EBITDA Margin (2020 - 2026)
Texas Pacific Land (TPL) posted EBITDA Margin of 84.72% for Q2 2026, up 0.76 percentage points from 83.95% a year earlier and up 1.80 percentage points from the prior quarter.
Texas Pacific Land (TPL) EBITDA Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA Margin at Texas Pacific Land was 82.45%, up 0.80 percentage points year-over-year; for FY2025, it came in at 82.02%, up 2.07 percentage points from FY2024.
- Annual EBITDA Margin shows a five-year change of +5.46 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).
- The Q2 2026 figure stands as the highest quarterly EBITDA Margin since Q3 2022.
- On a year-over-year basis, EBITDA Margin increased in six of the last eight quarters, with an average year-over-year change of +0.50 percentage points.
- 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 82.92% (Q1 2026), 80.90% (Q4 2025) and 80.78% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 19.50 Bn | 18.48 Bn | - | 84.35% |
| 2 | Howard Hughes Holdings | 5.01 Bn | -3.87 Bn | 435.75 Mn | 31.91% |
| 3 | Millrose Properties | 4.37 Bn | 4.19 Bn | - | - |
| 4 | St Joe | 4.19 Bn | 3.69 Bn | 80.65 Mn | 46.67% |
| 5 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.25 Bn | 2.09 Bn | - | - |
| 6 | LandBridge | 1.85 Bn | 1.72 Bn | 65.71 Mn | 73.49% |
| 7 | Opendoor Technologies | 1.32 Bn | -2.44 Bn | 38.00 Mn | -17.51% |
| 8 | Forestar | 1.21 Bn | -136.16 Mn | 84.10 Mn | 11.43% |
| 9 | EagleRock Land | 553.94 Mn | 478.01 Mn | 35.42 Mn | -106.88% |
| 10 | Tejon Ranch | 477.18 Mn | 409.05 Mn | - | 19.91% |
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% |
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_KEY
import 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();