Texas Pacific Land (TPL) Equity Ratio (2019 - 2026)
Texas Pacific Land (TPL) reported Equity Ratio of 0.89 for Q1 2026, little changed year-over-year from 0.89 in Q1 2025, and down 1.15% quarter-over-quarter from 0.9 in Q4 2025.
Texas Pacific Land (TPL) Equity Ratio (2019 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has 8 years of Equity Ratio data on file, last reported at 0.89 in Q1 2026.
- Equity Ratio for Q1 2026 came in at 0.89, changed 0.33% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.89 (changed 0.33% YoY), and the FY2025 annual result was 0.9, down 0.96% from the prior year.
- Equity Ratio eased to 0.89 in Q1 2026 per TPL's latest filing, from 0.9 in the prior quarter.
- Over five years, Equity Ratio peaked at 0.92 in Q2 2025 and troughed at 0.84 in Q2 2022.
- A 5-year average of 0.89 and a median of 0.89 in 2024 frame the typical range for Equity Ratio.
- The sharpest annual moves came in 2022 and 2023: Equity Ratio retreated 2.25% in 2022, then rose 5.04% in 2023.
- A 5-year view of Equity Ratio shows it stood at 0.88 in 2022, then increased by 2.41% to 0.9 in 2023, then climbed by 0.59% to 0.91 in 2024, then declined by 0.96% to 0.9 in 2025, then retreated by 1.15% to 0.89 in 2026.
- Business Quant data shows TPL's Equity Ratio at 0.89 in Q1 2026, 0.9 in Q4 2025, and 0.9 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 0.54 |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 0.53 |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 0.58 |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 0.49 |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 0.52 |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | - |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 0.69 |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | - |
| 10 | Texas Pacific Land | 26.33 Bn | 26.08 Bn | - | 0.89 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.89 |
| Dec 31, 2025 | 0.90 |
| Sep 30, 2025 | 0.90 |
| Jun 30, 2025 | 0.92 |
| Mar 31, 2025 | 0.89 |
| Dec 31, 2024 | 0.91 |
| Sep 30, 2024 | 0.89 |
| Jun 30, 2024 | 0.92 |
| Mar 31, 2024 | 0.89 |
| Dec 31, 2023 | 0.90 |
| Sep 30, 2023 | 0.89 |
| Jun 30, 2023 | 0.89 |
| Mar 31, 2023 | 0.87 |
| Dec 31, 2022 | 0.88 |
| Sep 30, 2022 | 0.87 |
| Jun 30, 2022 | 0.84 |
| Mar 31, 2022 | 0.85 |
| Dec 31, 2021 | 0.85 |
| Sep 30, 2021 | 0.86 |
| Jun 30, 2021 | 0.86 |