How Texas Pacific Land (TPL) Makes Money: A Visual Guide

Texas Pacific Land (TPL) generated $798.19M in revenue (TTM through Q4 2025), earning $481.38M in net profit (60.3% margin). Its largest revenue source is Oil And Gas Royalties (51.6% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Texas Pacific Land (TPL) Income Statement Flow

Frequently asked questions

How does Texas Pacific Land (TPL) make money?

Texas Pacific Land (TPL) primarily makes money through Oil And Gas Royalties, which accounts for 51.6% of total revenue. For TTM through Q4 2025, Texas Pacific Land generated $798.19M in total revenue with a net profit margin of 60.3%.

What is Texas Pacific Land (TPL) gross profit margin?

Texas Pacific Land (TPL) reported a gross profit margin of 100% for TTM through Q4 2025, equivalent to $798.19M in gross profit. This means Texas Pacific Land retains 100% of each revenue unit after direct costs of production.

What is Texas Pacific Land (TPL) operating profit margin?

Texas Pacific Land (TPL) reported an operating profit margin of 74.2% for TTM through Q4 2025, equivalent to $592.16M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Texas Pacific Land (TPL) net profit margin?

Texas Pacific Land (TPL) reported a net profit margin of 60.3% for TTM through Q4 2025, equivalent to $481.38M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Texas Pacific Land (TPL) spend on capital expenditures?

Texas Pacific Land (TPL) spent $59.53M on capital expenditures in TTM through Q4 2025 (7.5% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Texas Pacific Land (TPL) free cash flow?

Texas Pacific Land (TPL) generated $486.38M in free cash flow for TTM through Q4 2025 (60.9% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Texas Pacific Land (TPL) effective tax rate?

Texas Pacific Land (TPL) had an effective tax rate of 21.1% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

About this data

What is a Sankey diagram?
A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?
We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?
Based on company filings through TTM through Q4 2025.