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Texas Pacific Land Corp (TPL) Fundamental Analysis & AI Grade 2026

TPL NYSE Oil Royalty Traders DE CIK: 0001811074
Updated This Month • Analysis: May 8, 2026 • SEC Data: 2026-03-31
Combined AI Grade
A
78% Confidence
N/A
A
78% Conf
Pending
Analysis scheduled

📊 TPL Key Takeaways

Revenue: $236.8M
Net Margin: 60.3%
Free Cash Flow: $151.6M
Current Ratio: 4.23x
Debt/Equity: 0.00x
EPS: $2.07
AI Grade: A with 78% confidence
Texas Pacific Land Corp (TPL) receives a A fundamental grade with 78% confidence from our AI analysis based on SEC 10-K filings. With revenue of $236.8M, net profit margin of 60.3%, and return on equity (ROE) of 9.2%, Texas Pacific Land Corp demonstrates strong fundamentals in the Energy sector. Below is our complete TPL stock analysis for 2026.

Is Texas Pacific Land Corp (TPL) a Good Investment?

Claude

TPL demonstrates exceptional financial health with 77% operating margins, debt-free balance sheet, and strong free cash flow generation ($151.6M, 64% FCF margin). However, net income growth (6.0% YoY) significantly lags revenue growth (13.1% YoY), signaling potential margin compression or operational headwinds in this commodity-dependent royalty business.

Texas Pacific Land Corp Key Strengths (TPL)

Claude
  • + Exceptional profitability margins (77% operating margin, 60.3% net margin) with industry-leading efficiency
  • + Fortress balance sheet: zero debt, $247.6M cash, 4.23x current ratio, minimal liabilities ($195.5M total)
  • + Superior cash conversion: $151.6M free cash flow on $236.8M revenue with low capital intensity ($10.4M CapEx)
  • + Positive revenue growth of 13.1% YoY demonstrating business resilience
  • + Strong liquidity position supporting operational flexibility and shareholder returns

TPL Stock Risks: Texas Pacific Land Corp Investment Risks

Claude
  • ! Decelerating net income growth (6.0% YoY) diverging negatively from revenue growth (13.1% YoY) suggests margin pressure
  • ! Moderate capital efficiency: ROE of 9.2% and ROA of 8.2% are low relative to exceptional operating margins, indicating potential capital deployment inefficiency
  • ! Commodity price exposure: oil royalty business inherently cyclical and vulnerable to energy price volatility
  • ! Elevated insider Form 4 activity (71 filings in 90 days) may indicate distribution-focused rather than growth-focused capital allocation
  • ! Sector concentration risk in oil/energy royalties with limited diversification

Key Metrics to Watch

Claude
  • * Net income growth rate relative to revenue growth - watch for continued divergence indicating margin compression
  • * Operating margin sustainability - validate the 77% level can be maintained
  • * Return on Equity and Return on Assets trends - assess capital deployment efficiency improvements
  • * Free cash flow generation consistency - critical metric for evaluating shareholder value creation
  • * Oil price correlations and commodity cycle positioning - assess forward earnings visibility

Texas Pacific Land Corp (TPL) Financial Metrics & Key Ratios

Revenue
$236.8M
Net Income
$142.9M
EPS (Diluted)
$2.07
Free Cash Flow
$151.6M
Total Assets
$1.8B
Cash Position
$247.6M

💡 AI Analyst Insight

The 64.0% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 4.23x current ratio provides a solid financial cushion.

TPL Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 77.0%
Net Margin 60.3%
ROE 9.2%
ROA 8.2%
FCF Margin 64.0%

TPL vs Energy Sector: How Texas Pacific Land Corp Compares

How Texas Pacific Land Corp compares to Energy sector averages

Net Margin
TPL 60.3%
vs
Sector Avg 12.0%
TPL Sector
ROE
TPL 9.2%
vs
Sector Avg 14.0%
TPL Sector
Current Ratio
TPL 4.2x
vs
Sector Avg 1.3x
TPL Sector
Debt/Equity
TPL 0.0x
vs
Sector Avg 0.6x
TPL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Texas Pacific Land Corp Stock Overvalued? TPL Valuation Analysis 2026

Based on fundamental analysis, Texas Pacific Land Corp appears fundamentally strong relative to the Energy sector in 2026.

Return on Equity
9.2%
Sector avg: 14%
Net Profit Margin
60.3%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Texas Pacific Land Corp Balance Sheet: TPL Debt, Cash & Liquidity

Current Ratio
4.23x
Quick Ratio
4.23x
Debt/Equity
0.00x
Debt/Assets
11.2%
Interest Coverage
N/A
Long-term Debt
N/A

TPL Revenue & Earnings Growth: 5-Year Financial Trend

TPL 5-year financial data: Year 2021: Revenue $490.5M, Net Income $318.7M, EPS $41.09. Year 2022: Revenue $667.4M, Net Income $176.0M, EPS $22.70. Year 2023: Revenue $667.4M, Net Income $270.0M, EPS $34.83. Year 2024: Revenue $705.8M, Net Income $446.4M, EPS $19.26. Year 2025: Revenue $798.2M, Net Income $405.6M, EPS $5.86.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Texas Pacific Land Corp's revenue has grown significantly by 63% over the 5-year period, indicating strong business expansion. The most recent EPS of $5.86 reflects profitable operations.

TPL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
64.0%
Free cash flow / Revenue

TPL Quarterly Earnings & Performance

Quarterly financial performance data for Texas Pacific Land Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $196.0M $120.7M $1.75
Q3 2025 $173.6M $106.6M $4.63
Q2 2025 $172.3M $114.4M $4.98
Q1 2025 $174.1M $114.4M $4.97
Q3 2024 $158.0M $86.6M $4.58
Q2 2024 $160.6M $86.6M $4.35
Q1 2024 $146.4M $86.6M $3.75
Q3 2023 $158.0M $86.6M $13.74

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Texas Pacific Land Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$162.0M
Cash generated from operations
Capital Expenditures
$10.4M
Investment in assets
Dividends Paid
$41.8M
Returned to shareholders

TPL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Texas Pacific Land Corp (CIK: 0001811074)

📋 Recent SEC Filings

Date Form Document Action
Jun 1, 2026 4 xslF345X06/rdgdoc.xml View →
May 29, 2026 4 xslF345X06/rdgdoc.xml View →
May 28, 2026 4 xslF345X06/rdgdoc.xml View →
May 26, 2026 4 xslF345X06/rdgdoc.xml View →
May 22, 2026 4 xslF345X06/rdgdoc.xml View →

Frequently Asked Questions about TPL

What is the AI rating for TPL?

Texas Pacific Land Corp (TPL) has an AI grade of A with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TPL's key strengths?

Claude: Exceptional profitability margins (77% operating margin, 60.3% net margin) with industry-leading efficiency. Fortress balance sheet: zero debt, $247.6M cash, 4.23x current ratio, minimal liabilities ($195.5M total).

What are the risks of investing in TPL?

Claude: Decelerating net income growth (6.0% YoY) diverging negatively from revenue growth (13.1% YoY) suggests margin pressure. Moderate capital efficiency: ROE of 9.2% and ROA of 8.2% are low relative to exceptional operating margins, indicating potential capital deployment inefficiency.

What is TPL's revenue and growth?

Texas Pacific Land Corp reported revenue of $236.8M.

Does TPL pay dividends?

Texas Pacific Land Corp pays dividends, with $41.8M distributed to shareholders in the trailing twelve months.

Where can I find TPL SEC filings?

Official SEC filings for Texas Pacific Land Corp (CIK: 0001811074) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TPL's EPS?

Texas Pacific Land Corp has a diluted EPS of $2.07.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is TPL's fundamental grade?

Based on our AI fundamental analysis in June 2026, Texas Pacific Land Corp has a A grade with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is TPL stock overvalued or undervalued?

Valuation metrics for TPL: ROE of 9.2% (sector avg: 14%), net margin of 60.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is TPL's AI grade for 2026?

Our dual AI analysis gives Texas Pacific Land Corp a combined A grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is TPL's free cash flow?

Texas Pacific Land Corp's operating cash flow is $162.0M, with capital expenditures of $10.4M. FCF margin is 64.0%.

How does TPL compare to other Energy stocks?

Vs Energy sector averages: Net margin 60.3% (avg: 12%), ROE 9.2% (avg: 14%), current ratio 4.23 (avg: 1.3).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 8, 2026 | Data as of: 2026-03-31 | Powered by Claude AI