ChartRow logo
ChartRow
Investing Charts
Sign in
TPL
Texas Pacific Land CorporationStock · EnergyS&P 500 0.0%
$419.45−$6.10 (-1.43%)as of market close, Jul 24, 2026
CompareXOMCVXVLOCOPSLBMPC

How Texas Pacific Land makes money

Period

How does Texas Pacific Land make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Texas Pacific Land Corporation · FY2025 · year ended 2025-12-31
Revenue$798MGross profit$798M · 100%Cost of revenue$0 · 0%Operating income$592M · 74%Operating expenses$206M · 26%SG&A$24M · 3%Other opex$182M · 23%Pre-tax income$610M · 76%Other income$18M · 2%Net income$481M · 60%Income tax$129M · 16%Oil & Gas Royalties$412M · 52%Water Sales & Royalties$170M · 21%Produced Water Royalties$124M · 16%Easementand Sundry$92M · 11%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.