TPL (Texas Pacific Land) Pre-Tax Income: $684.2 Mil (TTM As of Jun. 2026)

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TPL Texas Pacific Land Corp TPL
100 GF Score
Price $364.38
GF Value $402.39
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Texas Pacific Land Pre-Tax Income?

Texas Pacific Land TPL -1.44% 100 Pre-Tax Income is $684.2 Mil as of Jun. 2026. GuruFocus rates TPL with a GF Score™ of 100/100 and a GF Value™ of $402.39 (Fairly Valued). The stock has 2 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Texas Pacific Land's pretax income for the three months ended in Jun. 2026 was $193.7 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $684.2 Mil. Texas Pacific Land's pretax margin was 78.72%.

During the past 13 years, Texas Pacific Land's highest Pretax Margin was 95.14%. The lowest was 72.60%. And the median was 82.01%.


Texas Pacific Land  (NYSE:TPL) Pre-Tax Income Explanation

Texas Pacific Land's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=193.698/246.059
=78.72%

During the past 13 years, Texas Pacific Land's highest Pretax Margin was 95.14%. The lowest was 72.60%. And the median was 82.01%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Texas Pacific Land Pre-Tax Income Related Terms


Texas Pacific Land Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Texas Pacific Land's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Texas Pacific Land Pre-Tax Income Chart

Texas Pacific Land Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 363.02 568.86 517.56 578.82 610.33

Texas Pacific Land Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 148.99 155.18 151.77 183.56 193.70

TPL vs EXE, PR, OVV: Pre-Tax Income Comparison

For the Oil & Gas E&P subindustry, Texas Pacific Land's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Texas Pacific Land Pre-Tax Income vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Texas Pacific Land's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Texas Pacific Land's Pre-Tax Income falls into.


TPL
100GF Score
Texas Pacific Land Corp TPL
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Texas Pacific Land Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Texas Pacific Land's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=592.161+0.888+-0.69+17.97+0
=610.3

Texas Pacific Land's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=191.817+0.572+-0.973+2.282+0
=193.7

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $684.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $684.2 Mil mean?
Texas Pacific Land (TPL) has a Pre-Tax Income of $684.2 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Texas Pacific Land and its competitors.
Is Texas Pacific Land's Pre-Tax Income too high?
Texas Pacific Land's current Pre-Tax Income is $684.2 Mil. Overall, Texas Pacific Land has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Texas Pacific Land's Pre-Tax Income compare to EXE and PR?
Texas Pacific Land's Pre-Tax Income of $684.2 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for an Oil & Gas company?
A good Pre-Tax Income depends on the Oil & Gas industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Texas Pacific Land and its competitors. Texas Pacific Land's current Pre-Tax Income is $684.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texas Pacific Land stock overvalued right now?
Based on GuruFocus' analysis, Texas Pacific Land (TPL) is currently considered Fairly Valued. The stock's GF Value™ is $402.39, compared to a current price of $364.38 — trading 9.4% below its estimated fair value. The current Pre-Tax Income is $684.2 Mil. Texas Pacific Land's overall GF Score™ is 100/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Texas Pacific Land (TPL), the current Pre-Tax Income is $684.2 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Texas Pacific Land (TPL) Overvalued in 2026?

Based on GuruFocus' analysis, Texas Pacific Land stock appears to be undervalued. The current stock price of $364.38 is trading 9.4% below its estimated GF Value™ of $402.39. GuruFocus considers Texas Pacific Land to be Fairly Valued.

Key valuation signals for TPL:

  • Pre-Tax Income: $684.2 Mil
  • GF Value™: $402.39 vs. price of $364.38 (9.4% below fair value)
  • GF Score™: 100/100 with 2 warning signs

No single metric tells the full story. See the TPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Texas Pacific Land Business Description

Industry EnergyOil & Gas
Other Exchanges 9WY:Germany
Address 2699 Howell Street, Suite 800, Dallas, TX, USA, 75204
Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. The group operates its business in two reportable segments: Land and Resource Management and Water Service and Operations. The Land and Resource Management segment, which generates maximum revenue, focuses on managing its several surface acres of land and its oil and gas royalty interests, principally concentrated in the Permian Basin. The revenue streams of this segment consist of royalties from oil and gas, revenues from easements and commercial leases, and land and material sales. The Water Services and Operations segment encompasses the business of providing a full-service water offering to operators in the Permian Basin.
100GF Score

Get the complete analysis for TPL

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$364.38
Price
$402.39
GF Value