Texas Pacific Land Corporation (TPL) Stock

About Texas Pacific Land Corporation

Texas Pacific Land Corporation is led by CEO Tyler Glover, employs 111 people, headquartered in Dallas, US, publicly traded since 1980.

Texas Pacific Land Corporation (TPL) stock trades at $357.78 with a market capitalization of $24.68B. The stock is valued at a price-to-earnings (P/E) ratio of 41.87, price-to-book of 13.56, price-to-sales of 25.26. Over the past 52 weeks the stock has ranged between $269.23 and $547.20, and currently trades 34.6% below its 52-week high. It pays a dividend yielding 0.73%.

On profitability, Texas Pacific Land Corporation generates a return on equity (ROE) of 35.77% — well above the market average, a sign of a high-quality business, return on capital employed of 38.09%, an operating margin of 74.19%, a net profit margin of 60.32%.

In its most recent fiscal year, Texas Pacific Land Corporation reported annual revenue of $798.0M, net profit of $481.0M, revenue has compounded at 21.4% a year over the last five years, profit at 22.3% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.01 — a conservative balance sheet with little leverage risk, a current ratio of 4.37, total assets of $1.6B, $145.0M in cash and equivalents.

TPL has a beta of 0.62 (less volatile than the overall market).