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Texas Pacific Land Corp Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18
Revenues667.4451.0302.6490.5300.2
            Revenue growth48.0%49.0%-38.3%63.4% 
Cost of goods sold50.140.032.235.018.4
Gross profit617.3410.9270.4455.5281.8
            Gross margin92.5%91.1%89.4%92.9%93.9%
General and administrative22.119.120.525.97.2
EBIT562.3362.4217.3399.6260.8
            EBIT margin84.3%80.4%71.8%81.5%86.9%
Pre-tax income568.9363.0219.7402.3261.8
Income taxes122.593.043.683.552.0
            Tax rate21.5%25.6%19.9%20.8%19.9%
Net income446.4270.0176.0318.7209.7
            Net margin66.9%59.9%58.2%65.0%69.9%
 
Diluted EPS$57.77$34.83$22.70$41.09$26.93
Shares outstanding (diluted)7.77.87.87.87.8
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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