US Equities Analysis

TPL — Texas Pacific Land Corporation

Research evidence pack

Source-backed valuation visuals

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2. Company Fundamentals

2.1 Competitiveness

Metric Value
Operating Margins 77.22%
Profit Margins 60.02%
Return on Equity 36.47%
Return on Assets 25.19%
Free Float 0.06B
Dividend Yield 0.61%
Short Int % Utilisation 9.5%

2.2 Growth

Metric Value
Revenue Growth 20.8%
Free Cash Flow -0.06B
EBITDA 37.16 (Ratio)
Enterprise Value 25.65B
EV/Revenue 30.57
EV/EBITDA 37.16

Revenue growth of 20.8% places the company in a high-growth category.

2.3 Management

Role Metric
Consensus Rating N/A

2.4 Return

Metric Value
Expected Return (Ann.)* 38.68%
Risk / Std Dev (Ann.)* 48.66%
1-Year Price Return* 22.69%

Latest Market Data (as of 2026-08-14, US Eastern time):

Metric Value
Last Price $358.52
52-Week Range $269.23 – $547.20
Observation Count 248 trading days

The return and risk statistics use daily adjusted closes from the retrieved one-year series and annualise daily moments using 252 trading days. The last price is the latest regular-market price reported for the stated date. Source: Yahoo Finance market data.

2.5 Valuation & Cash Flow

Valuation basis: The operating-company framework starts with reported EBIT, taxes, non-cash charges, capital expenditure and working-capital movement to derive unlevered free cash flow. It is a current-input research view, not an intrinsic-value target price because a sourced forecast and peer-beta workstream are still required.

Valuation input Value
Last market price $360.79
Market capitalisation $24.89B
Enterprise value proxy $24.76B
Revenue $798.19M
EBIT $611.02M
EBITDA $673.55M
Reported free cash flow $32.13M
Unlevered free cash flow $10.96M
FCF yield 0.13%
EV / EBITDA proxy 36.76x
Net debt / EBITDA -0.19x

WACC Workbench

WACC input Value
Risk-free rate 4.72%
Equity risk premium assumption 5.50%
Beta 0.63
Cost of equity 8.21%
Pre-tax cost of debt 8.30%
WACC 8.20%
WACC validation within standard range

2.6 Investor-Style Research Screen

Educational screen Result
Buffett-inspired cash-quality checks 3/4 evidenced checks
Lynch-inspired balance-and-growth checks 4/4 evidenced checks

Data lineage: Yahoo Finance public market and statement data; retrieval timestamp: 2026-08-17 23:55:13.072849 UTC; latest reported fiscal period: 2025-12-31 00:00:00. WACC uses a live 10-year Treasury proxy when available, a 5.50% ERP assumption, reported beta where available, and an interest-expense / average-debt proxy for cost of debt. This is research and analysis only, not personalized financial advice.

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