Fundamental Analysis
TPL
Texas Pacific Land Corporation
Neutral
Summary
The company posts faster top-line growth than bottom-line expansion over the last three years (revenue CAGR 6.15% versus net income CAGR 2.55%), with the latest annual reads at +13.1% revenue and +6.0% net income. The most recent quarter is improving and confirms the annual direction for both revenue and profit, but net income has lagged revenue so far. Profitability is high by absolute margin (net income margin 62.6%) and the balance sheet appears very strong (assets about 9.94x liabilities), yet the Piotroski score of 2 flags weak operational signals while the Altman Z-score is deeply in the safe zone. Taken together these mixed signals keep the overall fundamental verdict neutral.
Revenue — Annual Comparison
Net Income — Annual Comparison
Quarterly Detail Charts
Quarterly Revenue
Quarterly Net Income
Piotroski F-Score Breakdown
2/7 · Bearish
Profitability — Net income positive this fiscal year
Pass
Return on Assets — Return on Assets improved year-over-year
Fail
Leverage down — Long-term debt / total assets improved
N/A
Liquidity up — Current ratio improved year-over-year
Fail
No share dilution — Share count did not increase year-over-year
Fail
Margin up — Gross margin expanded year-over-year
N/A
Asset efficiency — Asset turnover improved year-over-year
Fail
Data Source
Fundamental filing data sourced from the SEC’s EDGAR database. Company filings are used for the charts and summary figures on this page.
Recent Filings
Formula & Methodology
Revenue inputAnnual revenue trend contributes 40% of the score.
Net income inputAnnual net income trend contributes 60% of the score.
Rating ruleFormula: revenue trend carries 40% of the rating and net income trend carries 60%. Bullish starts at 0.60 or higher, Bearish starts at -0.60 or lower, and anything in between is Neutral.