Texas Pacific Land Corporation (NYSE:TPL) — Market Cap & Net Worth

$23.50 Billion USD  · Rank #1137

Market Cap & Net Worth: Texas Pacific Land Corporation (TPL)

Texas Pacific Land Corporation (NYSE:TPL) has a market capitalization of $23.50 Billion ($23.50 Billion) as of September 16, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #1137 globally and #475 in its home market, demonstrating a 2.54% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Texas Pacific Land Corporation's stock price $371.63 by its total outstanding shares 68974683 (68.97 Million). Also see Texas Pacific Land Corporation asset portfolio for a full breakdown of the balance sheet.

Texas Pacific Land Corporation Market Cap History: 2015 to 2026

Texas Pacific Land Corporation's market capitalization history from 2015 to 2026. Data shows growth from $2.67 Billion to $25.63 Billion (21.60% CAGR). Also see Texas Pacific Land Corporation cash conversion from operations for how efficiently the company converts equity into cash flow.

Index Memberships

Texas Pacific Land Corporation is a constituent of 2 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
S&P 500 Index
GSPC
$62.85 Trillion 0.05% #340 of 503
S&P OIL GAS EXPLOR PROD
SPSIOP
$1.92 Trillion 2.97% #14 of 53

Weight: Texas Pacific Land Corporation's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Texas Pacific Land Corporation Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Texas Pacific Land Corporation's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check TPL stock price for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

24.82x

Texas Pacific Land Corporation's market cap is 24.82 times its annual revenue

Industry average: 37.64x Lower than industry average

Latest Price to Earnings (P/E) Ratio

41.15x

Texas Pacific Land Corporation's market cap is 41.15 times its annual earnings

Industry average: 10.60x Higher than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $6.06 Billion $59.91 Million $37.24 Million 101.09x 162.64x
2017 $9.16 Billion $132.33 Million $76.36 Million 69.19x 119.91x
2018 $11.19 Billion $300.22 Million $209.74 Million 37.27x 53.35x
2019 $16.27 Billion $490.50 Million $320.93 Million 33.18x 50.71x
2020 $15.75 Billion $302.55 Million $176.05 Million 52.07x 89.48x
2021 $27.30 Billion $450.96 Million $269.98 Million 60.53x 101.11x
2022 $52.22 Billion $667.42 Million $446.36 Million 78.24x 116.98x
2023 $35.30 Billion $631.60 Million $405.64 Million 55.89x 87.02x
2024 $76.28 Billion $705.82 Million $453.96 Million 108.08x 168.04x
2025 $19.81 Billion $798.19 Million $481.38 Million 24.82x 41.15x

Competitor Companies of TPL by Market Capitalization

Companies near Texas Pacific Land Corporation in the global market cap rankings as of September 16, 2026. Review TPL tangible net assets ratio to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Texas Pacific Land Corporation by market ranking:

  • ConocoPhillips (NYSE:COP): Ranked #148 globally with a market cap of $164.02 Billion USD.
  • Canadian Natural Resources Ltd (TO:CNQ): Ranked #231 globally with a market cap of $108.04 Billion USD ( CA$149.36 Billion CAD).
  • EOG Resources Inc (NYSE:EOG): Ranked #399 globally with a market cap of $70.68 Billion USD.
  • Occidental Petroleum Corporation (NYSE:OXY): Ranked #486 globally with a market cap of $55.89 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#148 ConocoPhillips NYSE:COP $164.02 Billion $141.22
#231 Canadian Natural Resources Ltd TO:CNQ $108.04 Billion CA$71.70
#399 EOG Resources Inc NYSE:EOG $70.68 Billion $153.74
#486 Occidental Petroleum Corporation NYSE:OXY $55.89 Billion $63.52

Texas Pacific Land Corporation Historical Marketcap From 2015 to 2026

Between 2015 and today, Texas Pacific Land Corporation's market cap moved from $2.67 Billion to $ 25.63 Billion, with a yearly change of 21.60%.

Year Market Cap Change (%)
2026 $25.63 Billion +29.39%
2025 $19.81 Billion -74.03%
2024 $76.28 Billion +116.10%
2023 $35.30 Billion -32.40%
2022 $52.22 Billion +91.29%
2021 $27.30 Billion +73.27%
2020 $15.75 Billion -3.20%
2019 $16.27 Billion +45.44%
2018 $11.19 Billion +22.21%
2017 $9.16 Billion +51.18%
2016 $6.06 Billion +127.13%
2015 $2.67 Billion --

End of Day Market Cap According to Different Sources

On Sep 16th, 2026 the market cap of Texas Pacific Land Corporation was reported to be:

Source Market Cap
Yahoo Finance $23.50 Billion USD
MoneyControl $23.50 Billion USD
MarketWatch $23.50 Billion USD
marketcap.company $23.50 Billion USD
Reuters $23.50 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Texas Pacific Land Corporation

NYSE:TPL USA Oil & Gas E&P
Market Cap
$25.63 Billion
Market Cap Rank
#1137 Global
#475 in USA
Share Price
$371.63
Change (1 day)
+1.74%
52-Week Range
$281.39 - $1022.65
All Time High
$1730.00
About

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in Permian Basin. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements.… Read more