Texas Pacific Land (TPL) EBT (2019 - 2026)
Texas Pacific Land's (TPL) quarterly EBT came in at $193.7 million in Q2 2026, up 30.01% year-over-year from $149.0 million in Q2 2025, and up 5.52% quarter-over-quarter from $183.6 million in Q1 2026.
Analysis
Texas Pacific Land (TPL) EBT (2019 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has reported EBT for 8 consecutive years, with $193.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT rose 30.01% year-over-year to $193.7 million in Q2 2026; TTM through Jun 2026 was $684.2 million, a 16.01% increase from a year earlier, with the FY2025 full-year figure at $610.3 million, up 5.44% from the prior year.
- EBT was $193.7 million for Q2 2026 at Texas Pacific Land, up from $183.6 million in the prior quarter.
- Over five years, EBT peaked at $193.7 million in Q2 2026 and troughed at $110.3 million in Q1 2023.
- A 5-year average of $147.4 million and a median of $147.7 million in 2024 frame the typical range for EBT.
- Across the five-year window, EBT surged 112.54% in 2022 and declined 17.71% in 2023, its largest moves.
- Over 5 years, EBT stood at $128.2 million in 2022, then gained by 13.25% to $145.1 million in 2023, then grew by 4.03% to $151.0 million in 2024, then rose by 0.52% to $151.8 million in 2025, then advanced by 27.63% to $193.7 million in 2026.
- The last three EBT figures came in at $193.7 million (Q2 2026), $183.6 million (Q1 2026), and $151.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.83 Bn | 25.58 Bn | - | 193.70 Mn |
| 2 | Eason Technology | 6.12 Bn | 6.12 Bn | - | - |
| 3 | Opendoor Technologies | 2.91 Bn | 2.02 Bn | 86.00 Mn | -162.00 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 98.80 Mn |
| 5 | LandBridge | 2.44 Bn | 2.40 Bn | 65.51 Mn | 34.95 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | 13.00 Mn |
| 7 | Frp Holdings | 420.67 Mn | 420.67 Mn | - | -424,000.00 |
| 8 | American Realty Investors | 250.20 Mn | 250.20 Mn | - | -2.54 Mn |
| 9 | Belpointe PREP | 186.60 Mn | 186.60 Mn | - | - |
| 10 | Star Holdings | 114.16 Mn | 79.35 Mn | 5.31 Mn | -20.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 193.70 Mn |
| Mar 31, 2026 | 183.56 Mn |
| Dec 31, 2025 | 151.77 Mn |
| Sep 30, 2025 | 155.18 Mn |
| Jun 30, 2025 | 148.99 Mn |
| Mar 31, 2025 | 154.39 Mn |
| Dec 31, 2024 | 150.98 Mn |
| Sep 30, 2024 | 135.42 Mn |
| Jun 30, 2024 | 146.44 Mn |
| Mar 31, 2024 | 145.98 Mn |
| Dec 31, 2023 | 145.13 Mn |
| Sep 30, 2023 | 134.94 Mn |
| Jun 30, 2023 | 127.15 Mn |
| Mar 31, 2023 | 110.34 Mn |
| Dec 31, 2022 | 128.15 Mn |
| Sep 30, 2022 | 163.98 Mn |
| Jun 30, 2022 | 152.34 Mn |
| Mar 31, 2022 | 124.39 Mn |
| Dec 31, 2021 | 125.56 Mn |
| Sep 30, 2021 | 103.75 Mn |