Gross Margin: 82.11%
Is the gross margin high or low?
The gross margin of 82.11% is 12% below its 5-year average of 93.57%, near the low end of its 5-year range (82.11%–136.21%).
As of Sunday, June 28, 2026. 14.34% below its 12-month average of 95.86%.
TPL Gross Margin
Reported quarterly gross margin; no daily interpolation.
TPL Average Gross Margin Chart
TPL Current vs Average Gross Margin Chart
TPL Gross Margin Metrics
GROSS MARGIN
82.11%
GROSS MARGIN AVG TTM
95.86%
GROSS MARGIN AVG 3Y
89.64%
GROSS MARGIN AVG 5Y
91.43%
GROSS MARGIN AVG 10Y
93.49%
GROSS MARGIN AVG 15Y
94.96%
GROSS MARGIN AVG 20Y
96.22%
CURRENT VS TTM AVG
-14.34%
CURRENT VS 3Y AVG
-8.40%
CURRENT VS 5Y AVG
-10.20%
CURRENT VS 10Y AVG
-12.18%
CURRENT VS 15Y AVG
-13.53%
CURRENT VS 20Y AVG
-14.67%
TPL Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Texas Pacific Land Corporation (TPL) | $27.30B | 82.11% | 95.86% | 89.64% | 91.43% |
| Halliburton Company (HAL)vs › | $28.58B | 15.31% | 17.23% | 17.34% | 14.96% |
| First Solar, Inc. (FSLR)vs › | $25.69B | 41.73% | 42.40% | 31.66% | 29.46% |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 39.00% | 39.05% | 47.66% | 46.04% |
| Tenaris S.A. (TS)vs › | $30.06B | 34.29% | 34.72% | 37.72% | 33.46% |
| EQT Corporation (EQT)vs › | $32.96B | 48.86% | 31.77% | 37.13% | 38.84% |
| Expand Energy Corporation (EXE)vs › | $21.16B | 53.38% | 36.77% | 52.41% | 42.45% |
| APA Corporation (APA)vs › | $11.67B | 37.32% | 40.75% | 47.26% | 42.30% |
| Antero Midstream Corporation (AM)vs › | $11.01B | 64.52% | 64.44% | 63.13% | 63.71% |
| Cameco Corporation (CCJ)vs › | $45.51B | 29.79% | 30.32% | 25.84% | 20.67% |
Gross Margin Analysis
Gross Margin
82.1%
(Revenue - COGS) / Revenue
Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Gross Margin FAQ
- What is the gross margin for Texas Pacific Land Corporation (TPL)?
- The gross margin for TPL stock is 82.11%.
- Is Texas Pacific Land Corporation's gross margin high or low?
- The gross margin of 82.11% is 12% below its 5-year average of 93.57%, near the low end of its 5-year range (82.11%–136.21%).
- What is the TTM average gross margin for Texas Pacific Land Corporation (TPL)?
- The TTM average gross margin for TPL stock is 95.86%.
- What is the 3Y average gross margin for Texas Pacific Land Corporation (TPL)?
- The 3Y average gross margin for TPL stock is 89.64%.
- What is the 5Y average gross margin for Texas Pacific Land Corporation (TPL)?
- The 5Y average gross margin for TPL stock is 91.43%.
- What is the 10Y average gross margin for Texas Pacific Land Corporation (TPL)?
- The 10Y average gross margin for TPL stock is 93.49%.
- What is the 15Y average gross margin for Texas Pacific Land Corporation (TPL)?
- The 15Y average gross margin for TPL stock is 94.96%.
- What is the 20Y average gross margin for Texas Pacific Land Corporation (TPL)?
- The 20Y average gross margin for TPL stock is 96.22%.
TPL Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 82.11% |
| 2025-12-31 | 136.21% |
| 2025-09-30 | 84.54% |
| 2025-06-30 | 88.19% |
| 2025-03-31 | 88.23% |
| 2024-12-31 | 89.02% |
| 2024-09-30 | 93.24% |
| 2024-06-30 | 89.02% |
| 2024-03-31 | 91.79% |
| 2023-12-31 | 92.23% |
| 2023-09-30 | 92.32% |
| 2023-06-30 | 91.17% |
| 2023-03-31 | 93.81% |
| 2022-12-31 | 95.01% |
| 2022-09-30 | 94.63% |
| 2022-06-30 | 95.41% |
| 2022-03-31 | 95.31% |
| 2021-12-31 | 94.95% |
| 2021-09-30 | 93.92% |
| 2021-06-30 | 92.28% |
| 2021-03-31 | 91.52% |
| 2020-12-31 | 89.44% |
| 2020-09-30 | 91.82% |
| 2020-06-30 | 85.08% |
| 2020-03-31 | 89.53% |
| 2019-12-31 | 92.05% |
| 2019-09-30 | 92.13% |
| 2019-06-30 | 91.78% |
| 2019-03-31 | 96.98% |
| 2018-12-31 | 95.03% |
| 2018-09-30 | 93.97% |
| 2018-06-30 | 95.84% |
| 2018-03-31 | 97.27% |
| 2017-12-31 | 99.27% |
| 2017-09-30 | 99.03% |
| 2017-06-30 | 99.65% |
| 2017-03-31 | 99.92% |
| 2016-12-31 | 90.89% |
| 2016-09-30 | 100.00% |
| 2016-06-30 | 100.00% |
| 2016-03-31 | 100.00% |
| 2015-12-31 | 91.07% |
| 2015-09-30 | 100.00% |
| 2015-06-30 | 100.00% |
| 2015-03-31 | 100.00% |
| 2014-12-31 | 88.41% |
| 2014-09-30 | 100.00% |
| 2014-06-30 | 100.00% |
| 2014-03-31 | 100.00% |
| 2013-12-31 | 89.93% |
| 2013-09-30 | 100.00% |
| 2013-06-30 | 100.00% |
| 2013-03-31 | 100.00% |
| 2012-12-31 | 99.79% |
| 2012-09-30 | 100.00% |
| 2012-06-30 | 100.00% |
| 2012-03-31 | 100.00% |
| 2011-12-31 | 100.00% |
| 2011-09-30 | 100.00% |
| 2011-06-30 | 100.00% |
| 2011-03-31 | 100.00% |
| 2010-12-31 | 100.00% |
| 2010-09-30 | 100.00% |
| 2010-06-30 | 100.00% |
| 2010-03-31 | 100.00% |
| 2009-12-31 | 100.00% |
| 2009-09-30 | 100.00% |
| 2009-06-30 | 100.00% |
| 2009-03-31 | 100.00% |
| 2008-12-31 | 100.00% |
| 2008-09-30 | 100.00% |
| 2008-06-30 | 100.00% |
| 2008-03-31 | 100.00% |
| 2007-12-31 | 100.00% |
| 2007-09-30 | 100.00% |
| 2007-06-30 | 100.00% |
| 2007-03-31 | 100.00% |
| 2006-12-31 | 100.00% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 100.00% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
| 2003-12-31 | 100.00% |
| 2003-09-30 | 100.00% |
| 2003-06-30 | 100.00% |
| 2003-03-31 | 100.00% |
| 2002-12-31 | 100.00% |
| 2002-09-30 | 100.00% |
| 2002-06-30 | 100.00% |
Related 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.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Tyler Glover