Texas Pacific Land (TPL) EV to EBITDA (2020 - 2026)
Texas Pacific Land's (TPL) EV to EBITDA was 40.45 for Q2 2026, up 3.4% from 39.14 a year earlier but down 14.2% from the prior quarter.
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Analysis
Texas Pacific Land (TPL) EV to EBITDA (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Texas Pacific Land's EV to EBITDA came in at 39.20, up 6.3% year-over-year; for FY2025, it came in at 30.02, down 32.3% from FY2024.
- By year, EV to EBITDA came in at 44.37 in FY2024 (+96.0%), 22.63 in FY2023 (-25.4%), 30.34 in FY2022 (+24.3%) and 24.41 in FY2021 (+5.6%).
- Five-year quarterly EV to EBITDA spans a low of 18.07 in Q2 2023 and a high of 51.15 in Q1 2025.
- Year over year, EV to EBITDA gained in five of the last eight quarters, with growth averaging 29.4%.
- The high point for year-over-year EV to EBITDA in five years was Q1 2025 (growth of 118.5%); the low point was Q1 2022 (a decline of 58.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 47.14 (Q1 2026), 30.02 (Q4 2025) and 32.82 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.31 Bn | 22.14 Bn | - |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - |
| 3 | LandBridge | 6.20 Bn | 6.54 Bn | 65.71 Mn |
| 4 | Millrose Properties | 4.06 Bn | 4.06 Bn | - |
| 5 | St Joe | 3.76 Bn | 3.26 Bn | 73.42 Mn |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.89 Bn | 2.89 Bn | - |
| 7 | Opendoor Technologies | 2.35 Bn | -1.47 Bn | 86.00 Mn |
| 8 | Forestar | 1.34 Bn | -3.23 Mn | 84.10 Mn |
| 9 | Five Point Holdings | 705.60 Mn | 734.37 Mn | -23.72 Mn |
| 10 | Tejon Ranch | 443.42 Mn | 378.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.45 |
| Mar 31, 2026 | 47.14 |
| Dec 31, 2025 | 30.02 |
| Sep 30, 2025 | 32.82 |
| Jun 30, 2025 | 39.14 |
| Mar 31, 2025 | 51.15 |
| Dec 31, 2024 | 44.37 |
| Sep 30, 2024 | 36.12 |
| Jun 30, 2024 | 29.30 |
| Mar 31, 2024 | 23.42 |
| Dec 31, 2023 | 22.63 |
| Sep 30, 2023 | 27.21 |
| Jun 30, 2023 | 18.07 |
| Mar 31, 2023 | 22.41 |
| Dec 31, 2022 | 30.34 |
| Sep 30, 2022 | 22.82 |
| Jun 30, 2022 | 21.28 |
| Mar 31, 2022 | 22.58 |
| Dec 31, 2021 | 24.41 |
| Sep 30, 2021 | 29.31 |
API Access
Texas Pacific Land EV to EBITDA 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=ev-to-ebitda&ticker=TPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();