Halliburton Company (HAL) vs Texas Pacific Land Corporation (TPL)

A side-by-side comparison of Halliburton Company and Texas Pacific Land Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

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Total return — HAL vs TPL

growth of $100 · dividends reinvested · last 10y
HAL -1.4% (-0.1%/yr)TPL +1946.5% (+35.2%/yr)TPL compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$99$2,046
HAL TPL

HAL vs TPL: by the numbers

  • •HAL is the larger company ($27.37B vs $23.53B market cap).
  • •HAL trades at the lower trailing earnings multiple (17.14 vs 43.50 P/E), one valuation lens rather than an overall verdict.
  • •TPL converts more revenue to profit (60.32% vs 7.16% net margin).
  • •TPL grew revenue faster over the past five years (22.25% vs 10.85% CAGR).
  • •HAL pays the higher dividend yield (1.90% vs 0.63%).

Metrics side by side

Valuation

MetricHALTPL
P/E ratio17.1443.50
Forward P/E13.9938.76
P/S ratio1.2226.21
P/B ratio2.4914.07
EV / EBITDA9.0031.47
FCF yield6.30%2.24%

Profitability

MetricHALTPL
Gross margin15.11%85.46%
Operating margin11.44%74.92%
Net margin7.16%60.32%
ROE14.55%32.37%
ROIC9.86%30.14%

Dividends

MetricHALTPL
Dividend yield1.90%0.63%
Payout ratio35.58%29.76%

Growth (annualized)

MetricHALTPL
Revenue CAGR (5Y)10.85%22.25%
EPS CAGR (5Y)N/A22.57%
FCF CAGR (5Y)11.48%19.60%
Total return CAGR (5Y)15.15%24.10%

Frequently asked

Which has the lower trailing P/E, HAL or TPL?
HAL has the lower trailing P/E: HAL trades at 17.14 and TPL at 43.50. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, HAL or TPL?
Over the past five years, TPL grew revenue faster — HAL at a 10.85% CAGR versus TPL at 22.25%.
Does HAL or TPL pay a bigger dividend?
HAL yields 1.90% and TPL yields 0.63% based on trailing dividends and the latest price.
Is HAL or TPL more profitable?
TPL runs the higher net margin — HAL at 7.16% versus TPL at 60.32%.
How have HAL and TPL total returns compared?
Over the past 10 years, HAL delivered 0.37% and TPL delivered 36.72% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.