Texas Pacific Land Corporation (TPL) vs Wheaton Precious Metals Corp. (WPM)
A side-by-side comparison of Texas Pacific Land Corporation and Wheaton Precious Metals Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
Different business models: TPL is classified in Energy; WPM is classified in Basic Materials. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
TPL
Texas Pacific Land Corporation
$389.42EnergyDelayed quote: Jul 28, 2026, 4:00 PM EDT
WPM
Wheaton Precious Metals Corp.
$109.58Basic MaterialsDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — TPL vs WPM
growth of $100 · dividends reinvested · last 21yTPL +12531.1%WPM +4174.4%TPL compounded faster
TPL WPM
TPL vs WPM: by the numbers
- •WPM is the larger company ($49.76B vs $26.86B market cap).
- •WPM trades at the lower trailing earnings multiple (28.29 vs 54.38 P/E), one valuation lens rather than an overall verdict.
- •WPM converts more revenue to profit (65.55% vs 60.03% net margin).
- •TPL grew revenue faster over the past five years (23.67% vs 18.70% CAGR).
- •WPM pays the higher dividend yield (0.64% vs 0.48%).
Metrics side by side
Valuation
| Metric | TPL | WPM |
|---|---|---|
| P/E ratio | 54.38 | 28.29 |
| Forward P/E | 45.81 | 22.70 |
| P/S ratio | 32.62 | 18.55 |
| P/B ratio | 17.59 | 5.50 |
| PEG ratio | 6.83 | 0.20 |
| EV / EBITDA | 39.39 | 21.42 |
| FCF yield | 1.80% | 1.95% |
Profitability
| Metric | TPL | WPM |
|---|---|---|
| Gross margin | 85.46% | 77.10% |
| Operating margin | 74.42% | 71.81% |
| Net margin | 60.03% | 65.55% |
| ROE | 32.37% | 19.41% |
| ROIC | 30.12% | 15.60% |
Dividends
| Metric | TPL | WPM |
|---|---|---|
| Dividend yield | 0.48% | 0.64% |
| Payout ratio | 27.38% | 21.82% |
Growth (annualized)
| Metric | TPL | WPM |
|---|---|---|
| Revenue CAGR (5Y) | 23.67% | 18.70% |
| EPS CAGR (5Y) | 22.57% | 22.63% |
| FCF CAGR (5Y) | 18.77% | -5.56% |
| Total return CAGR (5Y) | 20.53% | 20.67% |
Frequently asked
- Which has the lower trailing P/E, TPL or WPM?
- WPM has the lower trailing P/E: TPL trades at 54.38 and WPM at 28.29. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, TPL or WPM?
- Over the past five years, TPL grew revenue faster — TPL at a 23.67% CAGR versus WPM at 18.70%.
- Does TPL or WPM pay a bigger dividend?
- TPL yields 0.48% and WPM yields 0.64% based on trailing dividends and the latest price.
- Is TPL or WPM more profitable?
- WPM runs the higher net margin — TPL at 60.03% versus WPM at 65.55%.
- How have TPL and WPM total returns compared?
- Over the past 10 years, TPL delivered 37.90% and WPM delivered 16.42% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Texas Pacific Land P/E ratioWheaton Precious Metals P/E ratioTexas Pacific Land dividend yieldWheaton Precious Metals dividend yieldTexas Pacific Land ROEWheaton Precious Metals ROETexas Pacific Land operating marginWheaton Precious Metals operating marginTexas Pacific Land revenue growthWheaton Precious Metals revenue growthTexas Pacific Land free cash flowWheaton Precious Metals free cash flow
Texas Pacific Land & Wheaton Precious Metals appear in these rankings
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 July 28, 2026.