Texas Pacific Land (TPL) Price to Sales (2020 - 2026)
Texas Pacific Land's (TPL) Price to Sales came in at 23.22 for Q3 2026, down 16.4% from 27.78 a year earlier and down 31.0% from the prior quarter.
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Analysis
Texas Pacific Land (TPL) Price to Sales (2020 - 2026) Analysis & Trends
For FY2025, Texas Pacific Land's Price to Sales stood at 24.81, down 31.1% from FY2024.
- In prior years, Texas Pacific Land's Price to Sales was 35.99 in FY2024 (+88.5%), 19.09 in FY2023 (-29.4%), 27.03 in FY2022 (+26.0%) and 21.45 in FY2021 (+15.1%).
- The Q3 2026 figure stands as the lowest quarterly Price to Sales since Q1 2024.
- On a year-over-year basis, Price to Sales increased in four of the last eight quarters, with growth averaging 21.1%.
- The strongest year-over-year quarter for Price to Sales in the past five years was Q1 2025, with growth of 107.5%; the weakest was Q1 2022, with a decline of 52.1%.
- According to Business Quant data, Price to Sales for the three prior quarters was 33.63 (Q2 2026), 39.01 (Q1 2026) and 24.81 (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 | 23.22 |
| Jun 30, 2026 | 33.63 |
| Mar 31, 2026 | 39.01 |
| Dec 31, 2025 | 24.81 |
| Sep 30, 2025 | 27.78 |
| Jun 30, 2025 | 32.69 |
| Mar 31, 2025 | 41.86 |
| Dec 31, 2024 | 35.99 |
| Sep 30, 2024 | 29.60 |
| Jun 30, 2024 | 25.15 |
| Mar 31, 2024 | 20.17 |
| Dec 31, 2023 | 19.09 |
| Sep 30, 2023 | 22.66 |
| Jun 30, 2023 | 15.53 |
| Mar 31, 2023 | 19.64 |
| Dec 31, 2022 | 27.03 |
| Sep 30, 2022 | 20.70 |
| Jun 30, 2022 | 19.34 |
| Mar 31, 2022 | 20.37 |
| Dec 31, 2021 | 21.45 |
API Access
Texas Pacific Land Price to Sales 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-sales&ticker=TPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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-sales&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();