Texas Pacific Land (TPL) FCF Margin (2020 - 2026)
Texas Pacific Land's (TPL) quarterly FCF Margin came in at 28.47% in Q2 2026, down 3423.0% year-over-year from 0.86% in Q2 2025, and down 56.41% quarter-over-quarter from 65.31% in Q1 2026.
Analysis
Texas Pacific Land (TPL) FCF Margin (2020 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has reported FCF Margin for 7 consecutive years, with 28.47% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin fell 3423.0% year-over-year to 28.47% in Q2 2026; TTM through Jun 2026 was 49.66%, a 1622.0% decrease from a year earlier, with the FY2025 full-year figure at 60.94%, down 438.0% from the prior year.
- FCF Margin was 28.47% for Q2 2026 at Texas Pacific Land, down from 65.31% in the prior quarter.
- Over five years, FCF Margin peaked at 83.27% in Q1 2024 and troughed at 28.47% in Q2 2026.
- A 5-year average of 61.89% and a median of 64.14% in 2024 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin surged 2418 bps in 2022 and tumbled 3423 bps in 2026, its largest moves.
- Over 5 years, FCF Margin stood at 82.72% in 2022, then fell by 19 bps to 66.86% in 2023, then retreated by 9 bps to 61.0% in 2024, then slumped by 30 bps to 42.58% in 2025, then sank by 33 bps to 28.47% in 2026.
- The last three FCF Margin figures came in at 28.47% (Q2 2026), 65.31% (Q1 2026), and 42.58% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.83 Bn | 25.58 Bn | - | 28.47% |
| 2 | Eason Technology | 6.12 Bn | 6.12 Bn | - | - |
| 3 | Opendoor Technologies | 2.91 Bn | 2.02 Bn | 86.00 Mn | -81.88% |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 206.32% |
| 5 | LandBridge | 2.44 Bn | 2.40 Bn | 65.51 Mn | 60.20% |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | -107.68% |
| 7 | Frp Holdings | 420.67 Mn | 420.67 Mn | - | - |
| 8 | American Realty Investors | 250.20 Mn | 250.20 Mn | - | -72.40% |
| 9 | Belpointe PREP | 186.60 Mn | 186.60 Mn | - | - |
| 10 | Star Holdings | 114.16 Mn | 79.35 Mn | 5.31 Mn | -15.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.47% |
| Mar 31, 2026 | 65.31% |
| Dec 31, 2025 | 42.58% |
| Sep 30, 2025 | 64.47% |
| Jun 30, 2025 | 62.70% |
| Mar 31, 2025 | 75.39% |
| Dec 31, 2024 | 61.00% |
| Sep 30, 2024 | 63.80% |
| Jun 30, 2024 | 53.33% |
| Mar 31, 2024 | 83.27% |
| Dec 31, 2023 | 66.86% |
| Sep 30, 2023 | 68.11% |
| Jun 30, 2023 | 41.04% |
| Mar 31, 2023 | 77.22% |
| Dec 31, 2022 | 82.72% |
| Sep 30, 2022 | 59.08% |
| Jun 30, 2022 | 48.00% |
| Mar 31, 2022 | 70.66% |
| Dec 31, 2021 | 58.54% |
| Sep 30, 2021 | 57.74% |