Basis: Current FMP quote-based enterprise value / four-quarter operating income. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/EBIT ratio high or low?
The EV/EBIT ratio of 34.64x is in line with its estimated 5-year average of 34.56x, around the middle of its estimated 5-year range (17.10x–74.04x).
As of 2026-09-26T00:16:12.111Z. 15.29% below its estimated 12-month average of 40.89x.
Calculation as of: 2026-09-26T00:16:12.111Z.
Quote observation: 2026-09-25T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 952267abd0eeaf3eef22406edc1cce937a1755e404326d1685254c15cce452e5
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-11.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/EBIT RATIO
34.64x
EV/EBIT RATIO AVG TTM
40.89x
EV/EBIT RATIO AVG 3Y
39.62x
EV/EBIT RATIO AVG 5Y
34.56x
EV/EBIT RATIO AVG 10Y
31.99x
EV/EBIT RATIO AVG 15Y
31.11x
EV/EBIT RATIO AVG 20Y
40.86x
CURRENT VS TTM AVG
-15.29%
CURRENT VS 3Y AVG
-12.56%
CURRENT VS 5Y AVG
+0.24%
CURRENT VS 10Y AVG
+8.28%
CURRENT VS 15Y AVG
+11.34%
CURRENT VS 20Y AVG
-15.22%
SECTOR MEDIAN · ENERGY
13.23x
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+161.73%
vs the sector median at left
Texas Pacific Land Corporation
Market Cap
$23.53B
EV/EBIT Ratio
34.64x
TTM Avg
40.89x
3Y Avg
39.62x
5Y Avg
34.56x
Market Cap
$25.97B
EV/EBIT Ratio
18.39x
TTM Avg
17.48x
3Y Avg
16.98x
5Y Avg
20.03x
Market Cap
$20.10B
EV/EBIT Ratio
6.64x
TTM Avg
20.42x
3Y Avg
20.18x
5Y Avg
20.82x
Market Cap
$27.37B
EV/EBIT Ratio
13.10x
TTM Avg
13.75x
3Y Avg
10.45x
5Y Avg
13.91x
Market Cap
$30.82B
EV/EBIT Ratio
11.02x
TTM Avg
14.27x
3Y Avg
18.71x
5Y Avg
18.71x
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Texas Pacific Land Corporation (TPL) | $23.53B | 34.64x | 40.89x | 39.62x | 34.56x |
| Pembina Pipeline Corporation (PBA)vs › | $25.97B | 18.39x | 17.48x | 16.98x | 20.03x |
| Expand Energy Corporation (EXE)vs › | $20.10B | 6.64x | 20.42x | 20.18x | 20.82x |
| Halliburton Company (HAL)vs › | $27.37B | 13.10x | 13.75x | 10.45x | 13.91x |
| First Solar, Inc. (FSLR)vs › | $19.10B | 9.73x | 14.90x | 28.37x | 56.91x |
| Tenaris S.A. (TS)vs › | $29.76B | 13.28x | 10.80x | 7.63x | 10.28x |
| Venture Global, Inc. (VG)vs › | $30.82B | 11.02x | 14.27x | 18.71x | 18.71x |
| EQT Corporation (EQT)vs › | $31.78B | 9.31x | 12.75x | 23.53x | 19.44x |
| APA Corporation (APA)vs › | $15.11B | 17.73x | 6.51x | 5.12x | 5.34x |
| Nextpower Inc. (NXT)vs › | $12.26B | 15.67x | 20.99x | 16.60x | 17.19x |
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-09-11 | 37.54x |
| 2026-09-10 | 37.24x |
| 2026-09-09 | 38.05x |
| 2026-09-08 | 38.86x |
| 2026-09-04 | 36.86x |
| 2026-09-03 | 37.28x |
| 2026-09-02 | 37.36x |
| 2026-09-01 | 37.63x |
| 2026-08-31 | 38.08x |
| 2026-08-28 | 37.06x |
| 2026-08-27 | 37.61x |
| 2026-08-26 | 37.57x |
| 2026-08-25 | 37.92x |
| 2026-08-24 | 37.99x |
| 2026-08-21 | 39.04x |
| 2026-08-20 | 37.59x |
| 2026-08-19 | 37.96x |
| 2026-08-18 | 37.16x |
| 2026-08-17 | 36.69x |
| 2026-08-14 | 36.46x |
| 2026-08-13 | 35.28x |
| 2026-08-12 | 34.84x |
| 2026-08-11 | 37.12x |
| 2026-08-10 | 35.63x |
| 2026-08-07 | 34.62x |
| 2026-08-06 | 36.16x |
| 2026-08-05 | 41.83x |
| 2026-08-04 | 43.34x |
| 2026-08-03 | 44.52x |
| 2026-07-31 | 44.12x |
| 2026-07-30 | 43.20x |
| 2026-07-29 | 42.67x |
| 2026-07-28 | 42.67x |
| 2026-07-27 | 43.46x |
| 2026-07-24 | 45.99x |
| 2026-07-23 | 46.66x |
| 2026-07-22 | 47.49x |
| 2026-07-21 | 45.93x |
| 2026-07-20 | 44.49x |
| 2026-07-17 | 45.57x |
| 2026-07-16 | 45.61x |
| 2026-07-15 | 45.32x |
| 2026-07-14 | 45.60x |
| 2026-07-13 | 44.82x |
| 2026-07-10 | 43.60x |
| 2026-07-09 | 42.82x |
| 2026-07-08 | 43.24x |
| 2026-07-07 | 44.14x |
| 2026-07-06 | 44.15x |
| 2026-07-02 | 44.63x |
| 2026-07-01 | 45.50x |
| 2026-06-30 | 48.00x |
| 2026-06-29 | 46.04x |
| 2026-06-26 | 43.37x |
| 2026-06-25 | 42.85x |
| 2026-06-24 | 41.36x |
| 2026-06-23 | 40.51x |
| 2026-06-22 | 39.54x |
| 2026-06-18 | 38.88x |
| 2026-06-17 | 38.81x |
| 2026-06-16 | 39.01x |
| 2026-06-15 | 39.72x |
| 2026-06-12 | 41.51x |
| 2026-06-11 | 40.47x |
| 2026-06-10 | 41.09x |
| 2026-06-09 | 41.86x |
| 2026-06-08 | 43.41x |
| 2026-06-05 | 42.71x |
| 2026-06-04 | 44.58x |
| 2026-06-03 | 44.58x |
| 2026-06-02 | 40.61x |
| 2026-06-01 | 40.33x |
| 2026-05-29 | 43.06x |
| 2026-05-28 | 43.98x |
| 2026-05-27 | 44.51x |
| 2026-05-26 | 43.85x |
| 2026-05-22 | 44.06x |
| 2026-05-21 | 43.50x |
| 2026-05-20 | 44.12x |
| 2026-05-19 | 43.24x |
| 2026-05-18 | 42.36x |
| 2026-05-15 | 42.20x |
| 2026-05-14 | 42.57x |
| 2026-05-13 | 42.35x |
| 2026-05-12 | 43.99x |
| 2026-05-11 | 44.13x |
| 2026-05-08 | 43.20x |
| 2026-05-07 | 43.73x |
| 2026-05-06 | 48.74x |
| 2026-05-05 | 49.99x |
| 2026-05-04 | 50.26x |
| 2026-05-01 | 50.36x |
| 2026-04-30 | 51.53x |
| 2026-04-29 | 50.99x |
| 2026-04-28 | 50.04x |
| 2026-04-27 | 50.74x |
| 2026-04-24 | 50.97x |
| 2026-04-23 | 51.00x |
| 2026-04-22 | 51.04x |
| 2026-04-21 | 50.83x |
| 2026-04-20 | 50.50x |
| 2026-04-17 | 49.07x |
| 2026-04-16 | 49.50x |
| 2026-04-15 | 48.45x |
| 2026-04-14 | 47.86x |
| 2026-04-13 | 48.39x |
| 2026-04-10 | 47.60x |
| 2026-04-09 | 43.87x |
| 2026-04-08 | 52.07x |
| 2026-04-07 | 52.24x |
| 2026-04-06 | 52.13x |
| 2026-04-02 | 51.59x |
| 2026-04-01 | 51.01x |
| 2026-03-31 | 55.13x |
| 2026-03-30 | 54.29x |
| 2026-03-27 | 59.46x |
| 2026-03-26 | 60.69x |
| 2026-03-25 | 61.63x |
| 2026-03-24 | 62.20x |
| 2026-03-23 | 61.34x |
| 2026-03-20 | 60.36x |
| 2026-03-19 | 61.89x |
| 2026-03-18 | 61.60x |
| 2026-03-17 | 61.50x |
| 2026-03-16 | 61.23x |
| 2026-03-13 | 61.72x |
| 2026-03-12 | 61.47x |
| 2026-03-11 | 60.99x |
| 2026-03-10 | 60.51x |
| 2026-03-09 | 62.73x |
| 2026-03-06 | 61.01x |
| 2026-03-05 | 60.81x |
| 2026-03-04 | 62.30x |
| 2026-03-03 | 60.85x |
| 2026-03-02 | 61.72x |
| 2026-02-27 | 60.93x |
| 2026-02-26 | 59.56x |
| 2026-02-25 | 59.30x |
| 2026-02-24 | 61.82x |
| 2026-02-23 | 58.43x |
| 2026-02-20 | 58.08x |
| 2026-02-19 | 56.53x |
| 2026-02-18 | 51.08x |
| 2026-02-17 | 49.40x |
| 2026-02-13 | 50.09x |
| 2026-02-12 | 47.63x |
| 2026-02-11 | 47.88x |
| 2026-02-10 | 46.47x |
| 2026-02-09 | 43.28x |
| 2026-02-06 | 42.28x |
| 2026-02-05 | 39.84x |
| 2026-02-04 | 39.97x |
| 2026-02-03 | 38.75x |
| 2026-02-02 | 38.82x |
| 2026-01-30 | 40.19x |
| 2026-01-29 | 40.77x |
| 2026-01-28 | 40.95x |
| 2026-01-27 | 39.82x |
| 2026-01-26 | 39.41x |
| 2026-01-23 | 40.03x |
| 2026-01-22 | 39.89x |
| 2026-01-21 | 39.94x |
| 2026-01-20 | 37.78x |
| 2026-01-16 | 38.91x |
| 2026-01-15 | 38.14x |
| 2026-01-14 | 37.67x |
| 2026-01-13 | 37.07x |
| 2026-01-12 | 35.68x |
| 2026-01-09 | 35.89x |
| 2026-01-08 | 34.84x |
| 2026-01-07 | 32.30x |
| 2026-01-06 | 33.76x |
| 2026-01-05 | 34.20x |
| 2026-01-02 | 34.25x |
| 2025-12-31 | 32.99x |
| 2025-12-30 | 33.63x |
| 2025-12-29 | 33.85x |
| 2025-12-26 | 33.02x |
| 2025-12-24 | 34.02x |
| 2025-12-23 | 34.18x |
| 2025-12-22 | 34.82x |
| 2025-12-19 | 34.45x |
| 2025-12-18 | 34.31x |
| 2025-12-17 | 33.82x |
| 2025-12-16 | 31.37x |
| 2025-12-15 | 32.12x |
| 2025-12-12 | 32.08x |
| 2025-12-11 | 34.11x |
| 2025-12-10 | 34.20x |
| 2025-12-09 | 33.74x |
| 2025-12-08 | 34.66x |
| 2025-12-05 | 35.48x |
| 2025-12-04 | 35.27x |
| 2025-12-03 | 35.07x |
| 2025-12-02 | 33.10x |
| 2025-12-01 | 32.67x |
| 2025-11-28 | 33.09x |
| 2025-11-26 | 33.04x |
| 2025-11-25 | 33.09x |
| 2025-11-24 | 33.58x |
| 2025-11-21 | 34.35x |
| 2025-11-20 | 33.85x |
| 2025-11-19 | 34.72x |
| 2025-11-18 | 35.28x |
| 2025-11-17 | 36.75x |
| 2025-11-14 | 39.31x |
| 2025-11-13 | 37.99x |
| 2025-11-12 | 38.67x |
| 2025-11-11 | 38.00x |
| 2025-11-10 | 38.18x |
| 2025-11-07 | 37.70x |
| 2025-11-06 | 38.86x |
| 2025-11-05 | 36.56x |
| 2025-11-04 | 36.37x |
| 2025-11-03 | 36.79x |
| 2025-10-31 | 37.55x |
| 2025-10-30 | 36.94x |
| 2025-10-29 | 36.77x |
| 2025-10-28 | 36.39x |
| 2025-10-27 | 36.98x |
| 2025-10-24 | 36.95x |
| 2025-10-23 | 37.32x |
| 2025-10-22 | 36.83x |
| 2025-10-21 | 36.95x |
| 2025-10-20 | 37.19x |
| 2025-10-17 | 37.37x |
| 2025-10-16 | 37.34x |
| 2025-10-15 | 36.87x |
| 2025-10-14 | 36.09x |
| 2025-10-13 | 35.46x |
| 2025-10-10 | 35.34x |
| 2025-10-09 | 36.18x |
| 2025-10-08 | 37.94x |
| 2025-10-07 | 38.21x |
| 2025-10-06 | 38.86x |
| 2025-10-03 | 37.65x |
| 2025-10-02 | 38.54x |
| 2025-10-01 | 38.15x |
| 2025-09-30 | 37.15x |
| 2025-09-29 | 36.62x |
| 2025-09-26 | 37.99x |
| 2025-09-25 | 36.82x |
| 2025-09-24 | 37.21x |
| 2025-09-23 | 37.06x |
| 2025-09-22 | 34.84x |
| 2025-09-19 | 34.76x |
| 2025-09-18 | 36.32x |
| 2025-09-17 | 36.31x |
| 2025-09-16 | 37.23x |
| 2025-09-15 | 36.74x |
| 2025-09-12 | 37.30x |
| 2025-09-11 | 37.37x |
| 2025-09-10 | 37.31x |
| 2025-09-09 | 35.78x |
| 2025-09-08 | 36.29x |
| 2025-09-05 | 35.34x |
| 2025-09-04 | 36.96x |
| 2025-09-03 | 36.17x |
| 2025-09-02 | 37.51x |
| 2025-08-29 | 37.15x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
