Texas Pacific Land (TPL) Price to Earnings (2020 - 2026)
Texas Pacific Land's (TPL) Price to Earnings stood at 38.25 in Q3 2026, down 15.1% from 45.04 a year earlier and down 31.4% from the prior quarter.
Powered by 
Analysis
Texas Pacific Land (TPL) Price to Earnings (2020 - 2026) Analysis & Trends
For FY2025, Texas Pacific Land's Price to Earnings came in at 41.13, down 26.5% from FY2024.
- Across earlier years, Price to Earnings came in at 55.96 in FY2024 (+88.2%), 29.73 in FY2023 (-26.4%), 40.42 in FY2022 (+12.8%) and 35.82 in FY2021 (+11.8%).
- The Q3 2026 figure is the lowest quarterly Price to Earnings since Q2 2024.
- On a year-over-year basis, Price to Earnings rose in four of the last eight quarters, with growth averaging 25.7%.
- Peak year-over-year performance for Price to Earnings in the last five years was growth of 115.7% in Q1 2025, against a decline of 54.9% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 55.75 (Q2 2026), 64.99 (Q1 2026) and 41.13 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 20.13 Bn | 19.12 Bn | 106.12 Mn |
| 2 | LandBridge | 5.63 Bn | 5.99 Bn | 69.80 Mn |
| 3 | Howard Hughes Holdings | 4.96 Bn | -3.82 Bn | 435.75 Mn |
| 4 | Millrose Properties | 3.99 Bn | 3.81 Bn | - |
| 5 | St Joe | 3.98 Bn | 3.49 Bn | 80.65 Mn |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.31 Bn | 2.12 Bn | - |
| 7 | EagleRock Land | 2.77 Bn | 4.07 Bn | 39.50 Mn |
| 8 | Forestar | 1.14 Bn | 1.14 Bn | - |
| 9 | Opendoor Technologies | 1.11 Bn | -2.66 Bn | 38.00 Mn |
| 10 | Five Point Holdings | 664.60 Mn | 682.31 Mn | 7.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 38.25 |
| Jun 30, 2026 | 55.75 |
| Mar 31, 2026 | 64.99 |
| Dec 31, 2025 | 41.13 |
| Sep 30, 2025 | 45.04 |
| Jun 30, 2025 | 52.59 |
| Mar 31, 2025 | 66.18 |
| Dec 31, 2024 | 55.96 |
| Sep 30, 2024 | 45.30 |
| Jun 30, 2024 | 37.70 |
| Mar 31, 2024 | 30.69 |
| Dec 31, 2023 | 29.73 |
| Sep 30, 2023 | 35.68 |
| Jun 30, 2023 | 24.27 |
| Mar 31, 2023 | 30.08 |
| Dec 31, 2022 | 40.42 |
| Sep 30, 2022 | 32.19 |
| Jun 30, 2022 | 30.29 |
| Mar 31, 2022 | 32.95 |
| Dec 31, 2021 | 35.82 |
API Access
Texas Pacific Land Price to Earnings 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=price-to-earnings&ticker=TPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();