Texas Pacific Land Corporation (TPL) — Tangible Net Worth Ratio
Texas Pacific Land Corporation (TPL) has a Tangible Net Worth Ratio of 97.9% as of March 2026. This metric is calculated by deducting intangible assets ($32.26 Million) from net assets ($1.56 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check TPL cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Texas Pacific Land Corporation Tangible Net Worth Ratio (1995–2025)
This chart shows how Texas Pacific Land Corporation's Tangible Net Worth Ratio has changed across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 97.9%, reflecting net assets of $1.56 Billion with intangible assets of $32.26 Million USD. See Texas Pacific Land Corporation (TPL) net assets for net asset value and shareholders' equity analysis.
Annual Tangible Net Worth Ratio for Texas Pacific Land Corporation (1995–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Texas Pacific Land Corporation from 1995 to 2025, covering 31 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see TPL market cap.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.7% | $1.46 Billion | $32.85 Million | $1.62 Billion | ▲ +0.9 pp |
| 2024 | 96.9% | $1.13 Billion | $35.19 Million | $1.25 Billion | ▼ -1.1 pp |
| 2023 | 98.0% | $1.04 Billion | $21.02 Million | $1.16 Billion | ▼ -2.0 pp |
| 2022 | 100.0% | $772.89 Million | $0.00 | $877.43 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $651.71 Million | $0.00 | $764.06 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $485.18 Million | $0.00 | $571.63 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $512.14 Million | $0.00 | $598.18 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $244.69 Million | $0.00 | $285.07 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $79.19 Million | $0.00 | $127.46 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $47.62 Million | $0.00 | $62.45 Million | ▲ +0.0 pp |
| 2015 | 100.0% | $45.69 Million | $0.00 | $50.44 Million | ▲ +0.0 pp |
| 2014 | 100.0% | $26.72 Million | $0.00 | $33.10 Million | ▲ +0.0 pp |
| 2013 | 100.0% | $17.93 Million | $0.00 | $22.36 Million | ▲ +0.0 pp |
| 2012 | 100.0% | $15.60 Million | $0.00 | $21.19 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $20.55 Million | $0.00 | $27.43 Million | ▲ +0.0 pp |
| 2010 | 100.0% | $18.30 Million | $0.00 | $24.99 Million | ▲ +0.0 pp |
| 2009 | 100.0% | $19.70 Million | $0.00 | $26.79 Million | ▲ +0.0 pp |
| 2008 | 100.0% | $23.52 Million | $0.00 | $30.79 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $24.89 Million | $0.00 | $32.66 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $24.44 Million | $0.00 | $32.47 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $24.61 Million | $0.00 | $32.30 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $22.71 Million | $0.00 | $31.15 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $13.99 Million | $0.00 | $18.32 Million | ▲ +0.0 pp |
| 2002 | 100.0% | $13.98 Million | $0.00 | $18.74 Million | ▲ +0.0 pp |
| 2001 | 100.0% | $13.20 Million | $0.00 | $17.63 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $11.27 Million | $0.00 | $15.33 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $11.75 Million | $0.00 | $15.88 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $13.64 Million | $0.00 | $18.86 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $12.22 Million | $0.00 | $16.67 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $10.13 Million | $0.00 | $13.71 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $10.29 Million | $0.00 | $13.90 Million | — |