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Texas Pacific Land Corporation (TPL) is a financial services company in the non-traditional asset managers industry, based in Dallas, United States, with about 114 full-time employees.
It reported revenue of $798.19 million for fiscal year 2025, up 13.1% from fiscal year 2024, and net income of $481.38 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $246.06 million, up 31.2% from a year before. Its largest business segment, Land and Resource Management, brought in 61% of segment revenue in fiscal year 2025. Its market capitalization was $24.90 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
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.
Texas Pacific Land reported $798.19 million in revenue for fiscal year 2025, up 13.1% from $705.82 million in fiscal year 2024. In Q2 2026 revenue was $246.06 million.
Land and Resource Management, with $490.73 million or 61% of segment revenue in fiscal year 2025. Next: Water Services and Operations (39%).
$24.90 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (non-traditional asset managers) include Brookfield Asset Management Ltd. (BAM), Apollo Global Management, Inc. (APO), Ares Management Corporation (ARES), Partners Group Holding AG (PGPHF).