Texas Pacific Land Corporation
Texas Pacific Land Corporation (TPL) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Texas Pacific Land Corporation (TPL), featuring income statements, balance sheets, and cash flow data.
Texas Pacific Land Corporation (TPL) Income Statement & Financial Overview
Analyze Texas Pacific Land Corporation’s TPL earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $195.98M | $185.78M | $173.56M | $172.33M |
| Cost of Revenue | $23.07M | $20.40M | $11.73M | $18.92M |
| Gross Profit | $172.92M | $165.38M | $161.83M | $153.42M |
| Gross Profit Ratio | $0.88 | $0.89 | $0.93 | $0.89 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $20.64M | $21.54M | $12.35M | $5.98M |
| Operating Expenses | $22.84M | $22.84M | $34.50M | $20.20M |
| Total Costs & Expenses | $45.91M | $43.24M | $46.23M | $39.11M |
| Interest Income | $4.10M | $3.67M | $7.91M | $10.76M |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $11.94M | $11.47M | $5.76M | $4.09M |
| EBITDA | $162.01M | $154.01M | $133.09M | $137.31M |
| EBITDA Ratio | $0.83 | $0.83 | $0.77 | $0.80 |
| Operating Income | $150.07M | $142.54M | $127.33M | $133.22M |
| Operating Income Ratio | $0.77 | $0.77 | $0.73 | $0.77 |
| Other Income/Expenses (Net) | $4.32M | $8.43M | $8.09M | $13.22M |
| Income Before Tax | $154.39M | $150.98M | $135.42M | $146.44M |
| Income Before Tax Ratio | $0.79 | $0.81 | $0.78 | $0.85 |
| Income Tax Expense | $33.74M | $32.62M | $28.82M | $31.85M |
| Net Income | $120.65M | $118.36M | $106.59M | $114.59M |
| Net Income Ratio | $0.62 | $0.64 | $0.61 | $0.66 |
| EPS | $5.25 | $5.15 | $4.64 | $4.98 |
| Diluted EPS | $5.24 | $5.14 | $4.63 | $4.98 |
| Weighted Avg Shares Outstanding | $22.98M | $22.97M | $22.98M | $22.99M |
| Weighted Avg Shares Outstanding (Diluted) | $23.006M | $23.02M | $23.01M | $23.01M |
The company's financials show resilient growth, with revenue advancing from $172.33M in Q2 2024 to $195.98M in Q1 2025. Gross profit remained healthy with margins at 88% in Q1 2025 compared to 89% in Q2 2024. Operating income hit $150.07M last quarter, sustaining a consistent 77% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $162.01M. Net income rose to $120.65M, while earnings per share reached $5.25. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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