Texas Pacific Land (TPL) Tax Rate (2020 - 2026)
Texas Pacific Land's (TPL) quarterly Tax Rate came in at 20.53% in Q2 2026, down 152.0% year-over-year from 39.48% in Q2 2025, and up 39570.94% quarter-over-quarter from 0.05% in Q1 2026.
Analysis
Texas Pacific Land (TPL) Tax Rate (2020 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has reported Tax Rate for 7 consecutive years, with 20.53% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 152.0% year-over-year to 20.53% in Q2 2026; TTM through Jun 2026 was 14.94%, a 105.0% decrease from a year earlier, with the FY2025 full-year figure at 21.13%, down 44.0% from the prior year.
- Tax Rate was 20.53% for Q2 2026 at Texas Pacific Land, up from 0.05% in the prior quarter.
- Over five years, Tax Rate peaked at 22.18% in Q4 2022 and troughed at 0.01% in Q2 2023.
- A 5-year average of 13.03% and a median of 20.67% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate tumbled 2154 bps in 2024 and surged 2205 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 22.18% in 2022, then slipped by 1 bps to 22.06% in 2023, then fell by 2 bps to 21.6% in 2024, then retreated by 13 bps to 18.73% in 2025, then grew by 10 bps to 20.53% in 2026.
- The last three Tax Rate figures came in at 20.53% (Q2 2026), 0.05% (Q1 2026), and 18.73% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.83 Bn | 25.58 Bn | - | 20.53% |
| 2 | Eason Technology | 6.12 Bn | 6.12 Bn | - | - |
| 3 | Opendoor Technologies | 2.91 Bn | 2.02 Bn | 86.00 Mn | -0.06% |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 3.14% |
| 5 | LandBridge | 2.44 Bn | 2.40 Bn | 65.51 Mn | 11.16% |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | -88.46% |
| 7 | Frp Holdings | 420.67 Mn | 420.67 Mn | - | 18.87% |
| 8 | American Realty Investors | 250.20 Mn | 250.20 Mn | - | 2.79% |
| 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 | 20.53% |
| Mar 31, 2026 | 0.05% |
| Dec 31, 2025 | 18.73% |
| Sep 30, 2025 | 21.87% |
| Jun 30, 2025 | 22.05% |
| Mar 31, 2025 | 0.01% |
| Dec 31, 2024 | 21.60% |
| Sep 30, 2024 | 21.28% |
| Jun 30, 2024 | 0.00% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 22.06% |
| Sep 30, 2023 | 21.76% |
| Jun 30, 2023 | -0.01% |
| Mar 31, 2023 | 21.55% |
| Dec 31, 2022 | 22.18% |
| Sep 30, 2022 | 20.82% |
| Jun 30, 2022 | 0.00% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 15.45% |
| Sep 30, 2021 | 19.20% |