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Texas Pacific Land Corporation income statement

In fiscal 2025, Texas Pacific Land Corporation reported revenue of $798m, up 13.1% on the year before, operating income of $592m (a 74.2% margin) and net income of $481m, or $6.97 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue300490303451667632706798898
General and administrative51010122246342429
Operating income261400217362562486539592672
Interest expense—————001—
Income before tax262402220363569518579610684
Income tax52844493122112125129143
Net income210319176270446406454481541
Diluted EPS$0.50$0.76$3.78$5.80$1.07$5.86$6.57$6.97—
Diluted shares (average)421m419m419m419m417m69m69m69m—
EBITDA263408232379578501564655740

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Texas Pacific Land Corporation's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Texas Pacific Land Corporation.