Texas Pacific Land (TPL) EBT Margin (2019 - 2026)
Texas Pacific Land's (TPL) quarterly EBT Margin came in at 77.51% in Q1 2026, down 127.0% year-on-year from 287.08% in Q1 2025, and up 8.06% on a QoQ basis 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.
- On a quarterly basis, EBT Margin fell 127.0% year-over-year to 77.51% in Q1 2026; TTM through Mar 2026 was 76.22%, a 448.0% decrease from a year earlier, with the FY2025 full-year figure at 76.46%, down 554.0% from the prior year.
- EBT Margin for Q1 2026 stood at 77.51%, up from 71.73% in the prior quarter.
- Over the last five years, EBT Margin for TPL reached as high as 87.08% in Q4 2023 and fell as low as 71.73% in Q4 2025.
- Historically, EBT Margin has averaged 81.15% across 5 years, with a median of 81.27% in 2024.
- Across the five-year window, EBT Margin jumped 1171 bps in 2022 and slumped 954 bps in 2025, its largest moves.
- Year by year, EBT Margin stood at 83.92% in 2022, then increased by 4 bps to 87.08% in 2023, then fell by 7 bps to 81.27% in 2024, then slipped by 12 bps to 71.73% in 2025, then gained by 8 bps to 77.51% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 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 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 21.34% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 36.92% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 4.15% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 62.57% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 7.46% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 20.24% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 77.51% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 0.62% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 33.86% |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 17.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |