Texas Pacific Land (TPL) EBT Margin (2019 - 2026)
Texas Pacific Land (TPL) posted EBT Margin of 78.72% for Q2 2026, down 0.72 percentage points from 79.44% a year earlier but up 1.21 percentage points from the prior quarter.
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Analysis
Texas Pacific Land (TPL) EBT Margin (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT Margin at Texas Pacific Land was 76.23%, down 3.16 percentage points year-over-year; for FY2025, it was 76.46%, down 5.54 percentage points from FY2024.
- Annual EBT Margin shows a five-year change of +3.86 percentage points (FY2020 to FY2025).
- In prior years, Texas Pacific Land's EBT Margin was 82.01% in FY2024 (+0.06 pp), 81.95% in FY2023 (-3.29 pp), 85.23% in FY2022 (+4.73 pp) and 80.50% in FY2021 (+7.90 pp).
- Quarterly EBT Margin has run from a low of 71.73% in Q4 2025 to a high of 87.08% in Q4 2023 over five years.
- On a year-over-year basis, EBT Margin has declined in each of the last eight quarters, with an average year-over-year change of -4.62 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBT Margin in the past five years was Q2 2022, with a gain of 11.71 percentage points; the weakest was Q4 2025, with a drop of 9.54 percentage points.
- According to Business Quant data, EBT Margin for the three prior quarters was 77.51% (Q1 2026), 71.73% (Q4 2025) and 76.41% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.31 Bn | 22.14 Bn | - | 78.72% |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | - |
| 3 | LandBridge | 6.20 Bn | 6.54 Bn | 65.71 Mn | 52.29% |
| 4 | Millrose Properties | 4.06 Bn | 4.06 Bn | - | 65.19% |
| 5 | St Joe | 3.76 Bn | 3.26 Bn | 73.42 Mn | 34.69% |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.89 Bn | 2.89 Bn | - | 125.86% |
| 7 | Opendoor Technologies | 2.35 Bn | -1.47 Bn | 86.00 Mn | -18.35% |
| 8 | Forestar | 1.34 Bn | -3.23 Mn | 84.10 Mn | 11.97% |
| 9 | Five Point Holdings | 705.60 Mn | 734.37 Mn | -23.72 Mn | 259.97% |
| 10 | Tejon Ranch | 443.42 Mn | 378.40 Mn | - | 24.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 78.72% |
| Mar 31, 2026 | 77.51% |
| Dec 31, 2025 | 71.73% |
| Sep 30, 2025 | 76.41% |
| Jun 30, 2025 | 79.44% |
| Mar 31, 2025 | 78.78% |
| Dec 31, 2024 | 81.27% |
| Sep 30, 2024 | 78.02% |
| Jun 30, 2024 | 84.98% |
| Mar 31, 2024 | 83.83% |
| Dec 31, 2023 | 87.08% |
| Sep 30, 2023 | 85.42% |
| Jun 30, 2023 | 79.17% |
| Mar 31, 2023 | 75.39% |
| Dec 31, 2022 | 83.92% |
| Sep 30, 2022 | 85.80% |
| Jun 30, 2022 | 86.42% |
| Mar 31, 2022 | 84.43% |
| Dec 31, 2021 | 85.31% |
| Sep 30, 2021 | 83.88% |
API Access
Texas Pacific Land EBT 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=ebt-margin&ticker=TPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();