Texas Pacific Land (TPL) Tax Rate (2020 - 2026)

Texas Pacific Land's (TPL) quarterly Tax Rate came in at 22.15% in Q1 2026, up 30.0% year-on-year from 17.04% in Q1 2025, and up 53.76% on a QoQ basis from 14.41% in Q4 2025.

Texas Pacific Land (TPL) Tax Rate (2020 - 2026) Analysis & Trends

Texas Pacific Land (TPL) has 7 years of Tax Rate data on file, last reported at 22.15% in Q1 2026.

  • On a quarterly basis, Tax Rate rose 30.0% year-over-year to 22.15% in Q1 2026; TTM through Mar 2026 was 15.09%, a 34.0% decrease from a year earlier, with the FY2025 full-year figure at 20.05%, down 72.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 22.15%, up from 14.41% in the prior quarter.
  • Over the last five years, Tax Rate for TPL reached as high as 22.18% in Q4 2022 and fell as low as 0.01% in Q2 2023.
  • Historically, Tax Rate has averaged 13.44% across 5 years, with a median of 20.82% in 2022.
  • Across the five-year window, Tax Rate plunged 2154 bps in 2024 and jumped 2185 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 22.18% in 2022, then retreated by 1 bps to 22.06% in 2023, then fell by 16 bps to 18.56% in 2024, then slipped by 22 bps to 14.41% in 2025, then jumped by 54 bps to 22.15% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 22.15% in Q1 2026, 14.41% in Q4 2025, and 21.87% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 35.09%
2 Eog Resources 74.61 Bn 70.76 Bn - 22.50%
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 18.18%
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 57.82%
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 39.49%
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 23.18%
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 22.15%
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -671.43%
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 22.16%
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 15.40%

Historic Data

Download Data
DateValue
Mar 31, 2026 22.15%
Mar 31, 2026 22.15%
Mar 31, 2026 22.15%
Dec 31, 2025 14.41%
Dec 31, 2025 14.41%
Dec 31, 2025 14.41%
Sep 30, 2025 21.87%
Sep 30, 2025 21.87%
Sep 30, 2025 21.87%
Jun 30, 2025 0.01%
Jun 30, 2025 0.01%
Jun 30, 2025 0.01%
Mar 31, 2025 21.85%
Mar 31, 2025 21.85%
Mar 31, 2025 21.85%
Dec 31, 2024 18.56%
Dec 31, 2024 18.56%
Dec 31, 2024 18.56%
Sep 30, 2024 21.28%
Sep 30, 2024 21.28%