--- title: "Texas Pacific Land: Metrics Guide" description: "Texas Pacific Land Corporation revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios explained." canonical: https://www.getswoopr.com/stocks/companies/texas-pacific-land-corporation/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Texas Pacific Land Corporation: Financial & Operating Metrics Guide ## Direct Answer Texas Pacific Land Corporation reported revenue of $798 million for the fiscal year ended December 31, 2025, with an operating margin of 74.2% and net income of $481 million, according to its SEC filings. Revenue grew 13.1% from the prior year. ## What Are Texas Pacific Land Corporation's Key Financial Figures? | Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 | | --- | --- | --- | --- | --- | | Revenue | $798 million | $706 million | $632 million | $667 million | | Operating income | $592 million | $539 million | $486 million | $562 million | | Operating margin | 74.2% | 76.4% | 77.0% | 84.3% | | Net income | $481 million | $454 million | $406 million | $446 million | | Net margin | 60.3% | 64.3% | 64.2% | 66.9% | | Operating cash flow | $546 million | $491 million | $418 million | $447 million | | Capital expenditures | Not reported | Not reported | Not reported | $19 million | | Free cash flow | Not reported | Not reported | Not reported | $428 million | Operating margin narrowed by 2.2 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. ![Bar chart of Texas Pacific Land Corporation revenue, operating income, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $798 million, operating income $592 million and net income $481 million.](https://www.getswoopr.com/images/charts/texas-pacific-land-corporation-metrics-revenue-profit.webp) *Texas Pacific Land Corporation revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Texas Pacific Land Corporation operating margin and net margin for fiscal 2022 to 2025. In fiscal 2025, operating margin was 74.2% and net margin was 60.3%.](https://www.getswoopr.com/images/charts/texas-pacific-land-corporation-metrics-margins.webp) *Texas Pacific Land Corporation operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ## What Does Texas Pacific Land Corporation's Balance Sheet Show? | Cash and cash equivalents | $145 million | | --- | --- | | Long-term debt | Not reported | | Total assets | $1.6 billion | | Total liabilities | $164 million | | Shareholders' equity | $1.5 billion | | Current ratio | 4.4x | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value Texas Pacific Land Corporation reported in its own SEC filings, read from the SEC's XBRL data (accession 0001811074-26-000018 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was Texas Pacific Land Corporation's revenue in fiscal 2025? Texas Pacific Land Corporation reported revenue of $798 million for the fiscal year ended December 31, 2025, according to its SEC filings. ### What is Texas Pacific Land Corporation's operating margin? Texas Pacific Land Corporation's operating margin was 74.2% in fiscal 2025: operating income of $592 million on revenue of $798 million. ### How much free cash flow did Texas Pacific Land Corporation generate? Texas Pacific Land Corporation did not report both operating cash flow and capital expenditures under the standard tags for fiscal 2025, so free cash flow is not computed here. ## References - [SEC EDGAR: Texas Pacific Land Corp Form 10-K filed February 18, 2026](https://www.sec.gov/Archives/edgar/data/1811074/000181107426000018/tpl-20251231.htm) - [SEC EDGAR: Texas Pacific Land Corp annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1811074&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Texas Pacific Land Corporation company dossier](https://www.getswoopr.com/stocks/companies/texas-pacific-land-corporation/) - [Texas Pacific Land Corporation financial metrics](https://www.getswoopr.com/stocks/companies/texas-pacific-land-corporation/metrics/) - [Texas Pacific Land Corporation financial risk indicators](https://www.getswoopr.com/stocks/companies/texas-pacific-land-corporation/risks/) - [Texas Pacific Land Corporation peer comparison](https://www.getswoopr.com/stocks/companies/texas-pacific-land-corporation/competitors/) - [Texas Pacific Land Corporation business model and revenue mix](https://www.getswoopr.com/stocks/companies/texas-pacific-land-corporation/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. 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