Texas Pacific Land Corporation Statistics
Share Statistics
Texas Pacific Land Corporation has 22.97M shares outstanding. The number of shares has increased by 199.4% in one year.
| Shares Outstanding | 22.97M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -0.05% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 22.94M |
| Failed to Deliver (FTD) Shares | 2 |
| FTD / Avg. Volume | 0% |
Short Selling Information
The latest short interest is 1.27M, so 5.51% of the outstanding shares have been sold short.
| Short Interest | 1.27M |
| Short % of Shares Out | 5.51% |
| Short % of Float | 5.52% |
| Short Ratio (days to cover) | 15.18 |
Valuation Ratios
The PE ratio is 29.78 and the forward PE ratio is 19.13. Texas Pacific Land Corporation's PEG ratio is 0.77.
| PE Ratio | 29.78 |
| Forward PE | 19.13 |
| PS Ratio | 19.12 |
| Forward PS | 32.9 |
| PB Ratio | 11.58 |
| P/FCF Ratio | 31.93 |
| PEG Ratio | 0.77 |
Enterprise Valuation
Texas Pacific Land Corporation has an Enterprise Value (EV) of 11.35B.
| EV / Earnings | 27.99 |
| EV / Sales | 17.98 |
| EV / EBITDA | 22.67 |
| EV / EBIT | 23.36 |
| EV / FCF | 30.02 |
Financial Position
The company has a current ratio of 19.43, with a Debt / Equity ratio of 0.
| Current Ratio | 19.43 |
| Quick Ratio | 19.43 |
| Debt / Equity | 0 |
| Total Debt / Capitalization | 0 |
| Cash Flow / Debt | 0 |
| Interest Coverage | 0 |
Financial Efficiency
Return on equity (ROE) is 0.39% and return on capital (ROIC) is 36.48%.
| Return on Equity (ROE) | 0.39% |
| Return on Assets (ROA) | 0.35% |
| Return on Capital (ROIC) | 36.48% |
| Revenue Per Employee | 6.32M |
| Profits Per Employee | 4.06M |
| Employee Count | 100 |
| Asset Turnover | 0.55 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 111.92M |
| Effective Tax Rate | 0.22 |
Stock Price Statistics
The stock price has increased by 124.61% in the last 52 weeks. The beta is 1.59, so Texas Pacific Land Corporation's price volatility has been higher than the market average.
| Beta | 1.59 |
| 52-Week Price Change | 124.61% |
| 50-Day Moving Average | 1256.92 |
| 200-Day Moving Average | 841.89 |
| Relative Strength Index (RSI) | 37.83 |
| Average Volume (20 Days) | 211.74K |
Income Statement
In the last 12 months, Texas Pacific Land Corporation had revenue of $631.60M and earned $405.64M in profits. Earnings per share was $17.6.
| Revenue | 631.60M |
| Gross Profit | 583.27M |
| Operating Income | 486.05M |
| Net Income | 405.64M |
| EBITDA | 500.81M |
| EBIT | 486.05M |
| Earnings Per Share (EPS) | 17.6 |
Balance Sheet
The company has $725.17M in cash and $1.17M in debt, giving a net cash position of $724.00M.
| Cash & Cash Equivalents | 725.17M |
| Total Debt | 1.17M |
| Net Cash | 724.00M |
| Retained Earnings | 1.17B |
| Total Assets | 1.18B |
| Working Capital | 651.64M |
Cash Flow
In the last 12 months, operating cash flow was $418.29M and capital expenditures -$40.00M, giving a free cash flow of $378.29M.
| Operating Cash Flow | 418.29M |
| Capital Expenditures | -40.00M |
| Free Cash Flow | 378.29M |
| FCF Per Share | 16.42 |
Margins
Gross margin is 92.35%, with operating and profit margins of 76.96% and 64.23%.
| Gross Margin | 92.35% |
| Operating Margin | 76.96% |
| Pretax Margin | 81.95% |
| Profit Margin | 64.23% |
| EBITDA Margin | 79.29% |
| EBIT Margin | 76.96% |
| FCF Margin | 59.89% |
Dividends & Yields
TPL pays an annual dividend of $6.4, which amounts to a dividend yield of 0.53%.
| Dividend Per Share | $6.40 |
| Dividend Yield | 0.53% |
| Dividend Growth (YoY) | 47.69% |
| Payout Ratio | 32.94% |
| Earnings Yield | 1.47% |
| FCF Yield | 1.38% |
Analyst Forecast
The average price target for TPL is $694.16, which is -42% lower than the current price. The consensus rating is "Buy".
| Price Target | $694.16 |
| Price Target Difference | -42% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
Stock Splits
The last stock split was on Mar 27, 2024. It was a forward split with a ratio of 3:1.
| Last Split Date | Mar 27, 2024 |
| Split Type | forward |
| Split Ratio | 3:1 |
Scores
| Altman Z-Score | 139.07 |
| Piotroski F-Score | 6 |