Texas Pacific Land (TPL) Net Margin (2019 - 2026)

Texas Pacific Land (TPL) has 8 years of Net Margin data on file, last reported at 60.34% in Q1 2026.

• On a quarterly basis, Net Margin fell 122.0% year-over-year to 60.34% in Q1 2026; TTM through Mar 2026 was 64.72%, a 353.0% decrease from a year earlier, with the FY2025 full-year figure at 61.13%, down 384.0% from the prior year.
• Net Margin for Q1 2026 stood at 60.34%, down from 61.4% in the prior quarter.
• Over the last five years, Net Margin for TPL reached as high as 86.42% in Q2 2022 and fell as low as 59.15% in Q1 2023.
• Historically, Net Margin has averaged 70.35% across 5 years, with a median of 66.83% in 2023.
• Across the five-year window, Net Margin surged 2696 bps in 2022 and tumbled 2528 bps in 2023, its largest moves.
• Year by year, Net Margin stood at 65.31% in 2022, then increased by 4 bps to 67.87% in 2023, then fell by 2 bps to 66.19% in 2024, then retreated by 7 bps to 61.4% in 2025, then retreated by 2 bps to 60.34% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 60.34% in Q1 2026, 61.4% in Q4 2025, and 59.7% in Q3 2025.