Texas Pacific Land TPL
NYSE TPL
$366.21 -7.85 (-2.10%)
As of: Sep 10, 2026 · 3:59 PM EDT

Texas Pacific Land (TPL) Operating Income (2020 - 2026)

Texas Pacific Land's (TPL) quarterly Operating Income came in at $191.8 million in Q2 2026, up 33.44% year-over-year from $143.8 million in Q2 2025, and up 5.2% quarter-over-quarter from $182.3 million in Q1 2026.

Analysis

Texas Pacific Land (TPL) Operating Income (2020 - 2026) Analysis & Trends

Texas Pacific Land (TPL) has reported Operating Income for 7 consecutive years, with $191.8 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Income rose 33.44% year-over-year to $191.8 million in Q2 2026; TTM through Jun 2026 was $672.5 million, a 19.3% increase from a year earlier, with the FY2025 full-year figure at $592.2 million, up 9.83% from the prior year.
  • Operating Income was $191.8 million for Q2 2026 at Texas Pacific Land, up from $182.3 million in the prior quarter.
  • Over five years, Operating Income peaked at $191.8 million in Q2 2026 and troughed at $105.0 million in Q1 2023.
  • A 5-year average of $141.9 million and a median of $139.3 million in 2024 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income surged 112.86% in 2022 and fell 21.66% in 2023, its largest moves.
  • Over 5 years, Operating Income stood at $124.2 million in 2022, then gained by 7.75% to $133.9 million in 2023, then increased by 6.48% to $142.5 million in 2024, then climbed by 4.7% to $149.2 million in 2025, then increased by 28.52% to $191.8 million in 2026.
  • The last three Operating Income figures came in at $191.8 million (Q2 2026), $182.3 million (Q1 2026), and $149.2 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Texas Pacific Land 25.25 Bn 25.00 Bn - 191.82 Mn
2 Eason Technology 6.05 Bn 6.05 Bn - -
3 Vesta Real Estate Corporation, S.A.B. de C.V 2.85 Bn 2.85 Bn - 71.50 Mn
4 Opendoor Technologies 2.70 Bn 1.80 Bn 86.00 Mn -144.00 Mn
5 LandBridge 2.41 Bn 2.37 Bn 65.51 Mn 44.16 Mn
6 Kennedy-Wilson Holdings 1.52 Bn 1.37 Bn 83.20 Mn -26.50 Mn
7 Frp Holdings 423.91 Mn 423.91 Mn - 1.46 Mn
8 American Realty Investors 251.43 Mn 251.43 Mn - -2.55 Mn
9 Belpointe PREP 187.01 Mn 187.01 Mn - -
10 Star Holdings 114.77 Mn 79.96 Mn 5.31 Mn -16.30 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 191.82 Mn
Mar 31, 2026 182.33 Mn
Dec 31, 2025 149.25 Mn
Sep 30, 2025 149.09 Mn
Jun 30, 2025 143.75 Mn
Mar 31, 2025 150.07 Mn
Dec 31, 2024 142.54 Mn
Sep 30, 2024 127.33 Mn
Jun 30, 2024 133.22 Mn
Mar 31, 2024 136.04 Mn
Dec 31, 2023 133.86 Mn
Sep 30, 2023 126.96 Mn
Jun 30, 2023 120.28 Mn
Mar 31, 2023 104.95 Mn
Dec 31, 2022 124.23 Mn
Sep 30, 2022 162.06 Mn
Jun 30, 2022 151.71 Mn
Mar 31, 2022 124.31 Mn
Dec 31, 2021 125.86 Mn
Sep 30, 2021 103.24 Mn