Texas Pacific Land (TPL) EBT Margin (2019 - 2026)

Texas Pacific Land (TPL) reported EBT Margin of 77.51% for Q1 2026, down 127.0% year-over-year from 287.08% in Q1 2025, and up 8.06% quarter-over-quarter from 71.73% in Q4 2025.

Texas Pacific Land (TPL) EBT Margin (2019 - 2026) Analysis & Trends

Texas Pacific Land (TPL) has 8 years of EBT Margin data on file, last reported at 77.51% in Q1 2026.

  • EBT Margin for Q1 2026 came in at 77.51%, down 127.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 76.22% (down 448.0% YoY), and the FY2025 annual result was 76.46%, down 554.0% from the prior year.
  • EBT Margin advanced to 77.51% in Q1 2026 per TPL's latest filing, from 71.73% in the prior quarter.
  • Over five years, EBT Margin peaked at 87.08% in Q4 2023 and troughed at 71.73% in Q4 2025.
  • A 5-year average of 81.15% and a median of 81.27% in 2024 frame the typical range for EBT Margin.
  • The sharpest annual moves came in 2022 and 2025: EBT Margin soared 1171 bps in 2022, then plunged 954 bps in 2025.
  • A 5-year view of EBT Margin shows it stood at 83.92% in 2022, then advanced by 4 bps to 87.08% in 2023, then slipped by 7 bps to 81.27% in 2024, then fell by 12 bps to 71.73% in 2025, then grew by 8 bps to 77.51% in 2026.
  • Business Quant data shows TPL's EBT Margin at 77.51% in Q1 2026, 71.73% in Q4 2025, and 76.41% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 16.00%
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 21.34%
4 Eog Resources 72.93 Bn 69.08 Bn - 36.92%
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 7.46%
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 4.15%
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 16.59%
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 58.82%
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -47.21%
10 Texas Pacific Land 26.33 Bn 26.08 Bn - 77.51%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 74.72%