What one share of Texas Pacific Land holds
Texas Pacific Land Corporation (which, together with its subsidiaries as the context requires, may be referred to as “TPL,” the “Company,” “our,” “we,” or “us”) is a Delaware Corporation and one of the largest landowners in the State of Texas with approximately 882,000 surface acres of land, principally concentrated in the Permian Basin.
Texas Pacific Land’s numbers from its SEC filings, divided by its shares. Results cover the last 12 months to 2026-06-30; the balance sheet is as of 2026-06-30.
| Sales | $13.00 |
|---|---|
| Profit | $7.84 |
| Dividends | $2.27 |
| Cash and investments | $3.60 |
| Book value | $24.25 |
Per share by fiscal year
| Year | Sales | Profit | Capex | Free cash | Dividends | Book value |
|---|---|---|---|---|---|---|
| 2018 | $4.28 | $2.99 | $0.68 | $2.11 | — | $3.49 |
| 2019 | $7.03 | $4.57 | $0.46 | $4.45 | $0.19 | $7.34 |
| 2020 | $4.33 | $2.52 | $0.07 | $2.89 | $1.11 | $6.95 |
| 2021 | $6.46 | $3.87 | $0.24 | $3.57 | $1.22 | $9.35 |
| 2022 | $9.60 | $6.42 | $0.27 | $6.16 | — | $11.16 |
| 2023 | $9.13 | $5.86 | — | — | $1.44 | $15.11 |
| 2024 | $10.22 | $6.57 | — | — | — | $16.43 |
| 2025 | $11.56 | $6.97 | — | — | $2.13 | $21.16 |
Common questions about Texas Pacific Land
How much does one share of Texas Pacific Land earn?
Over the last 12 months, each share of Texas Pacific Land earned $7.84 of profit on $13.00 of sales, keeping about 60¢ of every $1 (profit margin).
Does Texas Pacific Land pay a dividend?
Yes. Texas Pacific Land paid $2.27 per share in dividends over the last 12 months. That’s about 29¢ of each $1 of profit (payout ratio).
What is Texas Pacific Land’s book value per share?
Texas Pacific Land’s book value is $24.25 per share: what would be left for each share if it sold everything at the values on its books and paid every debt, as of June 30, 2026.
How much cash and debt does each share of Texas Pacific Land have?
Each share of Texas Pacific Land has $3.60 of cash and investments, as of June 30, 2026.
How has Texas Pacific Land’s profit per share changed over time?
Profit per share went from $2.99 in 2018 to $6.97 in 2025, growing about 12.8% a year (adjusted for stock splits).
From its SEC filings. For education only, not investment advice. New to these words? See the StockSlicer glossary.