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 | FY2025 ended December 31, 2025 | FY2024 ended December 31, 2024 | FY2023 ended December 31, 2023 | FY2022 ended 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.
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.