Net Income
Trailing-twelve-month (TTM) net income is $503.63 Million with a year-over-year change of +9.44%. Net income represents the company's bottom line profit after all expenses, taxes, and interest.
TPL Net Income
Reported quarterly net income; no daily interpolation.
TPL Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 20 quarters.
Net Income (TTM)
$503.63M
$503.63 Million
Year-over-Year Change
+9.44%
vs. $460.18M a year ago (TTM)
Net Income CAGR
+24.45%
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
+9.44%
3 Year
+5.00%
5 Year
+24.45%
10 Year
+30.51%
15 Year
+28.13%
20 Year
+22.21%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | $481.38M | +$27.42M | +6.04% |
| 2024 | $453.96M | +$48.31M | +11.91% |
| 2023 | $405.64M | ($40.72M) | (9.12%) |
| 2022 | $446.36M | +$176.38M | +65.33% |
| 2021 | $269.98M | +$93.93M | +53.36% |
| 2020 | $176.05M | ($142.68M) | (44.77%) |
| 2019 | $318.73M | +$108.99M | +51.97% |
| 2018 | $209.74M | +$133.38M | +174.66% |
| 2017 | $76.36M | +$39.12M | +105.05% |
| 2016 | $37.24M | ($12.80M) | (25.58%) |
Net Income Growth Summary
TTM Growth
+9.44%
3-Year Avg Growth
+5.00%
5-Year Avg Growth
+24.45%
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.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Tyler Glover