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TPLTexas Pacific Land Corporation

Is the current ratio high or low?

The current ratio of 4.23 is 57% below its 5-year average of 9.74, near the low end of its 5-year range (4.23–17.16).

As of Sunday, June 28, 2026. 42.96% below its 12-month average of 7.41.

Quick Ratio|Debt to Equity|P/B Ratio|All Metrics
Current Ratio

TPL Current Ratio

4.23

Reported quarterly current ratio; no daily interpolation.

-59.84% 5Y
TPL Current Ratio

TPL Average Current Ratio Chart

TPL Current Ratio

TPL Current vs Average Current Ratio Chart

TPL Current Ratio Metrics

CURRENT RATIO

4.23

CURRENT RATIO AVG TTM

7.41

CURRENT RATIO AVG 3Y

9.38

CURRENT RATIO AVG 5Y

9.37

CURRENT RATIO AVG 10Y

11.17

CURRENT RATIO AVG 15Y

10.49

CURRENT RATIO AVG 20Y

9.40

CURRENT VS TTM AVG

-42.96%

CURRENT VS 3Y AVG

-54.91%

CURRENT VS 5Y AVG

-54.90%

CURRENT VS 10Y AVG

-62.16%

CURRENT VS 15Y AVG

-59.70%

CURRENT VS 20Y AVG

-55.04%

TPL Competitors' Current Ratio

NAMEMARKET CAPCURRENT RATIOTTM3Y5Y
Texas Pacific Land Corporation (TPL)$27.30B4.237.419.389.37
Halliburton Company (HAL)vs ›$28.58B2.042.042.052.11
First Solar, Inc. (FSLR)vs ›$25.69B2.672.563.083.38
Coterra Energy Inc. (CTRA)vs ›$24.72B1.192.051.791.67
Tenaris S.A. (TS)vs ›$30.06B3.873.693.513.48
EQT Corporation (EQT)vs ›$32.96B0.760.730.880.78
Expand Energy Corporation (EXE)vs ›$21.16B1.010.821.160.98
APA Corporation (APA)vs ›$11.67B0.820.980.981.08
Antero Midstream Corporation (AM)vs ›$11.01B3.412.291.601.36
Cameco Corporation (CCJ)vs ›$45.51B2.472.042.893.86

Liquidity Analysis

Current Ratio

4.23

Quick Ratio

4.40

Current Ratio Formula & Definition

Current Ratio = Current Assets / Current Liabilities

The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Current Ratio FAQ

What is the current ratio for Texas Pacific Land Corporation (TPL)?
The current ratio for TPL stock is 4.23.
Is Texas Pacific Land Corporation's current ratio high or low?
The current ratio of 4.23 is 57% below its 5-year average of 9.74, near the low end of its 5-year range (4.23–17.16).
What is the TTM average current ratio for Texas Pacific Land Corporation (TPL)?
The TTM average current ratio for TPL stock is 7.41.
What is the 3Y average current ratio for Texas Pacific Land Corporation (TPL)?
The 3Y average current ratio for TPL stock is 9.38.
What is the 5Y average current ratio for Texas Pacific Land Corporation (TPL)?
The 5Y average current ratio for TPL stock is 9.37.
What is the 10Y average current ratio for Texas Pacific Land Corporation (TPL)?
The 10Y average current ratio for TPL stock is 11.17.
What is the 15Y average current ratio for Texas Pacific Land Corporation (TPL)?
The 15Y average current ratio for TPL stock is 10.49.
What is the 20Y average current ratio for Texas Pacific Land Corporation (TPL)?
The 20Y average current ratio for TPL stock is 9.40.

TPL Current Ratio History

DATECURRENT RATIO
2026-03-314.23
2025-12-314.40
2025-09-309.75
2025-06-3011.64
2025-03-317.05
2024-12-318.33
2024-09-309.95
2024-06-3017.16
2024-03-3111.10
2023-12-3113.68
2023-09-3011.82
2023-06-3011.29
2023-03-319.28
2022-12-3111.15
2022-09-309.75
2022-06-307.16
2022-03-317.46
2021-12-317.80
2021-09-309.99
2021-06-3010.53
2021-03-3111.10
2020-12-318.41
2020-09-3019.23
2020-06-3017.74
2020-03-318.16
2019-12-3114.99
2019-09-3013.07
2019-06-308.55
2019-03-3114.65
2018-12-3114.99
2018-09-3012.58
2018-06-309.72
2018-03-316.46
2017-12-3115.26
2017-09-308.92
2017-06-3023.28
2017-03-317.13
2016-12-3118.32
2016-09-3031.66
2016-06-3027.49
2016-03-319.56
2015-12-3129.29
2015-09-3012.76
2015-06-3012.83
2015-03-314.41
2014-12-3122.78
2014-09-3013.09
2014-06-3010.39
2014-03-315.52
2013-12-3115.16
2013-09-305.38
2013-06-3012.09
2013-03-317.67
2012-12-3113.97
2012-09-3010.46
2012-06-3011.22
2012-03-315.27
2011-12-3110.24
2011-09-309.46
2011-06-309.39
2011-03-315.69
2010-12-311.51
2010-09-3016.10
2010-06-3011.62
2010-03-318.43
2009-12-311.51
2009-09-3014.18
2009-06-3021.22
2009-03-3119.48
2008-12-311.81
2008-09-300.00
2008-06-300.00
2008-03-310.00
2007-12-314.14
2007-09-300.00
2007-06-300.00
2007-03-310.00
2006-12-310.00
2006-09-300.00
2006-06-300.00
2006-03-310.00
2005-12-310.00
2005-09-300.00
2005-06-300.00
2005-03-310.00
2004-12-310.00
2004-09-300.00
2004-06-300.00
2004-03-310.00
2003-12-310.00
2003-09-300.00
2003-06-300.00
2003-03-310.00
2002-12-310.00
2002-09-300.00
2002-06-300.00

Related Metrics

Quick RatioDebt to EquityP/B RatioAll Metrics

About Texas Pacific Land Corporation

Texas Pacific Land Corporation (TPL) operates in two core business segments: land and resource management, and water services. Its Land and Resource Management division oversees a vast land portfolio, spanning nearly 880,000 acres. This segment also holds significant oil and gas royalty interests. These include perpetual non-participating royalty interests (NPRIs) covering approximately 85,000 acres (at a 1/128th rate) and about 371,000 acres (at a 1/16th rate). Furthermore, it possesses around 4,000 additional net royalty acres, primarily located in West Texas. The segment grants various easements and commercial leases for purposes such as oil, gas, and hydrocarbon infrastructure, power and utility lines, and subsurface wellbores. It also leases its land for facilities like processing, storage, and compression plants, as well as roads, and sells materials such as caliche. The Water Services and Operations division provides comprehensive water solutions to energy operators throughout the Permian Basin. Its services encompass water sourcing, the gathering and treatment of produced water, infrastructure development, disposal solutions, water tracking, analytics, and well testing. This segment also generates royalty income from water extracted from its own lands. Founded in 1888, Texas Pacific Land Corporation maintains its headquarters in Dallas, Texas.

Dallas, TX
111 employees
www.texaspacific.com
Energy / Oil & Gas Exploration & Production
Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
Tyler Glover
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