Texas Pacific Land (TPL) FCF Margin (2020 - 2026)
Texas Pacific Land (TPL) posted quarterly FCF Margin of 68.41% for Q1 2026, down 698.0% year-over-year from 11.44% in Q1 2025, and up 27.33% quarter-over-quarter from 53.73% in Q4 2025.
Texas Pacific Land (TPL) FCF Margin (2020 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has reported FCF Margin for 7 consecutive years, with 68.41% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin fell 698.0% year-over-year to 68.41%; the TTM figure through Mar 2026 stood at 62.48% (down 94.0% YoY), while the FY2025 annual figure was 63.89%, down 142.0% from the prior year.
- FCF Margin advanced to 68.41% in Q1 2026 per TPL's latest filing, from 53.73% in the prior quarter.
- Across five years, FCF Margin topped out at 84.55% in Q1 2024 and bottomed at 50.25% in Q2 2023.
- Historically, FCF Margin has averaged 64.81% across 5 years, with a median of 62.39% in 2022.
- Annual changes were most pronounced in 2022 — FCF Margin surged 1566 bps — and 2025, when it sank 916 bps.
- Texas Pacific Land's FCF Margin stood at 74.2% in 2022, then retreated by 6 bps to 70.04% in 2023, then decreased by 13 bps to 61.0% in 2024, then slipped by 12 bps to 53.73% in 2025, then gained by 27 bps to 68.41% in 2026.
- Business Quant data shows TPL's FCF Margin at 68.41% in Q1 2026, 53.73% in Q4 2025, and 60.65% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 22.59% |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 13.83% |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 35.16% |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 46.62% |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 31.76% |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 43.36% |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 21.98% |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 28.47% |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 11.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 28.47% |
| Mar 31, 2026 | 68.41% |
| Dec 31, 2025 | 53.73% |
| Sep 30, 2025 | 60.65% |
| Jun 30, 2025 | 66.84% |
| Mar 31, 2025 | 75.39% |
| Dec 31, 2024 | 61.00% |
| Sep 30, 2024 | 59.42% |
| Jun 30, 2024 | 56.44% |
| Mar 31, 2024 | 84.55% |
| Dec 31, 2023 | 70.04% |
| Sep 30, 2023 | 58.75% |
| Jun 30, 2023 | 50.25% |
| Mar 31, 2023 | 77.22% |
| Dec 31, 2022 | 74.20% |
| Sep 30, 2022 | 62.39% |
| Jun 30, 2022 | 51.79% |
| Mar 31, 2022 | 70.66% |
| Dec 31, 2021 | 58.54% |
| Sep 30, 2021 | 57.74% |