Texas Pacific Land (TPL) EBT Margin (2019 - 2026)
Texas Pacific Land's (TPL) quarterly EBT Margin came in at 78.72% in Q2 2026, down 72.0% year-over-year from 281.14% in Q2 2025, and up 1.56% quarter-over-quarter from 77.51% in Q1 2026.
Analysis
Texas Pacific Land (TPL) EBT Margin (2019 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has reported EBT Margin for 8 consecutive years, with 78.72% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT Margin fell 72.0% year-over-year to 78.72% in Q2 2026; TTM through Jun 2026 was 76.23%, a 316.0% decrease from a year earlier, with the FY2025 full-year figure at 76.46%, down 554.0% from the prior year.
- EBT Margin was 78.72% for Q2 2026 at Texas Pacific Land, up from 77.51% 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 81.02% and a median of 80.35% in 2024 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin surged 1171 bps in 2022 and sank 954 bps in 2025, its largest moves.
- Over 5 years, EBT Margin stood at 83.92% in 2022, then gained by 4 bps to 87.08% in 2023, then decreased by 7 bps to 81.27% in 2024, then declined by 12 bps to 71.73% in 2025, then advanced by 10 bps to 78.72% in 2026.
- The last three EBT Margin figures came in at 78.72% (Q2 2026), 77.51% (Q1 2026), and 71.73% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.00 Bn | 24.76 Bn | - | 78.72% |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - | - |
| 3 | LandBridge | 6.64 Bn | 7.07 Bn | 65.51 Mn | 52.29% |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.07 Bn | 6.22 Bn | - | 125.86% |
| 5 | Opendoor Technologies | 3.05 Bn | 2.16 Bn | 86.00 Mn | -18.35% |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | 11.09% |
| 7 | Frp Holdings | 433.69 Mn | 433.69 Mn | - | -3.83% |
| 8 | American Realty Investors | 250.20 Mn | 445.20 Mn | - | -19.76% |
| 9 | Belpointe PREP | 188.11 Mn | 188.11 Mn | - | - |
| 10 | Star Holdings | 119.97 Mn | 86.41 Mn | 5.31 Mn | -105.26% |
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% |