Texas Pacific Land (TPL) Price to Sales (2019 - 2026)
Texas Pacific Land's (TPL) quarterly Price to Sales came in at 122.68 in Q2 2026, down 5.26% year-over-year from 129.48 in Q2 2025, and down 11.24% quarter-over-quarter from 138.22 in Q1 2026.
Analysis
Texas Pacific Land (TPL) Price to Sales (2019 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has reported Price to Sales for 8 consecutive years, with 122.68 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Sales fell 5.26% year-over-year to 122.68 in Q2 2026; TTM through Jun 2026 was 33.63, a 2.89% increase from a year earlier, with the FY2025 full-year figure at 24.81, down 31.08% from the prior year.
- Price to Sales was 122.68 for Q2 2026 at Texas Pacific Land, down from 138.22 in the prior quarter.
- Over five years, Price to Sales peaked at 155.41 in Q1 2025 and troughed at 62.95 in Q2 2023.
- A 5-year average of 100.7 and a median of 95.76 in 2024 frame the typical range for Price to Sales.
- Across the five-year window, Price to Sales plunged 51.48% in 2022 and jumped 103.45% in 2025, its largest moves.
- Over 5 years, Price to Sales stood at 118.14 in 2022, then tumbled by 38.75% to 72.36 in 2023, then jumped by 88.98% to 136.75 in 2024, then slumped by 31.57% to 93.58 in 2025, then soared by 31.09% to 122.68 in 2026.
- The last three Price to Sales figures came in at 122.68 (Q2 2026), 138.22 (Q1 2026), and 93.58 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.83 Bn | 25.58 Bn | - |
| 2 | Eason Technology | 6.12 Bn | 6.12 Bn | - |
| 3 | Opendoor Technologies | 2.91 Bn | 2.02 Bn | 86.00 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - |
| 5 | LandBridge | 2.44 Bn | 2.40 Bn | 65.51 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn |
| 7 | Frp Holdings | 420.67 Mn | 420.67 Mn | - |
| 8 | American Realty Investors | 250.20 Mn | 250.20 Mn | - |
| 9 | Belpointe PREP | 186.60 Mn | 186.60 Mn | - |
| 10 | Star Holdings | 114.16 Mn | 79.35 Mn | 5.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 122.68 |
| Mar 31, 2026 | 138.22 |
| Dec 31, 2025 | 93.58 |
| Sep 30, 2025 | 105.64 |
| Jun 30, 2025 | 129.48 |
| Mar 31, 2025 | 155.41 |
| Dec 31, 2024 | 136.75 |
| Sep 30, 2024 | 117.13 |
| Jun 30, 2024 | 97.93 |
| Mar 31, 2024 | 76.39 |
| Dec 31, 2023 | 72.36 |
| Sep 30, 2023 | 88.61 |
| Jun 30, 2023 | 62.95 |
| Mar 31, 2023 | 89.41 |
| Dec 31, 2022 | 118.14 |
| Sep 30, 2022 | 71.69 |
| Jun 30, 2022 | 65.24 |
| Mar 31, 2022 | 71.08 |
| Dec 31, 2021 | 65.72 |
| Sep 30, 2021 | 75.76 |