Texas Pacific Land (TPL) Enterprise Value (2019 - 2026)
Texas Pacific Land (TPL) recorded Enterprise Value of $29.94 billion in Q2 2026, up 26.1% from $23.74 billion a year earlier but down 7.8% from the prior quarter.
Texas Pacific Land (TPL) Enterprise Value (2019 - 2026) Analysis & Trends
On a TTM basis, Texas Pacific Land's Enterprise Value came in at $29.01 billion as of Jun 30, 2026, up 29.7% year-over-year; for FY2025, it came in at $19.66 billion, down 21.5% from FY2024.
- Annual Enterprise Value has a five-year compound annual growth rate of 29.7% (FY2020 to FY2025).
- Across earlier years, Enterprise Value came in at $25.04 billion in FY2024 (+120.9%), $11.33 billion in FY2023 (-35.3%), $17.53 billion in FY2022 (+89.6%) and $9.24 billion in FY2021 (+72.5%).
- Quarterly Enterprise Value has ranged from $9 billion in Q3 2021 to $32.48 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Enterprise Value rose in seven of the last eight quarters, with growth averaging 47.1%.
- Peak year-over-year performance for Enterprise Value in the last five years was growth of 156.9% in Q3 2021, against a decline of 35.3% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $32.48 billion (Q1 2026), $19.66 billion (Q4 2025) and $20.92 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.55 Bn | 22.38 Bn | - |
| 2 | St Joe | 3.95 Bn | 3.44 Bn | 73.42 Mn |
| 3 | Millrose Properties | 3.88 Bn | 3.52 Bn | - |
| 4 | LandBridge | 2.22 Bn | 2.09 Bn | 65.71 Mn |
| 5 | Opendoor Technologies | 1.99 Bn | -1.83 Bn | 86.00 Mn |
| 6 | Forestar | 1.30 Bn | -43.39 Mn | 84.10 Mn |
| 7 | Five Point Holdings | 662.61 Mn | -795.01 Mn | -23.72 Mn |
| 8 | Tejon Ranch | 437.20 Mn | 356.82 Mn | - |
| 9 | Nam Tai Property | 260.01 Mn | 78.63 Mn | - |
| 10 | Global Asset Management | 182.09 Mn | 179.78 Mn | 236,261.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.94 Bn |
| Mar 31, 2026 | 32.48 Bn |
| Dec 31, 2025 | 19.66 Bn |
| Sep 30, 2025 | 20.92 Bn |
| Jun 30, 2025 | 23.74 Bn |
| Mar 31, 2025 | 30.00 Bn |
| Dec 31, 2024 | 25.04 Bn |
| Sep 30, 2024 | 19.79 Bn |
| Jun 30, 2024 | 15.98 Bn |
| Mar 31, 2024 | 12.47 Bn |
| Dec 31, 2023 | 11.33 Bn |
| Sep 30, 2023 | 13.34 Bn |
| Jun 30, 2023 | 9.50 Bn |
| Mar 31, 2023 | 12.50 Bn |
| Dec 31, 2022 | 17.53 Bn |
| Sep 30, 2022 | 13.25 Bn |
| Jun 30, 2022 | 11.11 Bn |
| Mar 31, 2022 | 9.96 Bn |
| Dec 31, 2021 | 9.24 Bn |
| Sep 30, 2021 | 9.00 Bn |
Texas Pacific Land Enterprise Value 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=enterprise-value&ticker=TPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();