Financial insights of TPL

MyFinsight

For the year ending 2025-12-31, TPL made $798,190K in revenue. $481,943K in net income. Net profit margin of 60.38%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Total revenues	798,190	705,823	631,595	667,422
Salaries and related employee expenses	57,925	53,621	43,384	41,402
Water service-related expenses	53,528	46,124	33,566	17,463
General and administrative expenses	23,780	34,483	14,928	13,350
Legal and professional fees	-	-	31,522	8,735
Ad valorem taxes	-	-	-	8,734
Land sales expense	-	-	-	55
Depreciation, depletion and amortization	62,533	25,162	14,757	15,376
Ad valorem and other taxes	8,263	7,295	7,385	-
Total operating expenses	206,029	166,685	145,542	105,115
Operating income	592,161	539,138	486,053	562,307
Interest expense	690	-	-	-
Other income, net	18,858	39,683	31,508	6,548
Income before income taxes	610,329	578,821	517,561	568,855
Current	122,398	120,257	-	121,230
Deferred	6,555	4,604	-	1,263
Total income tax expense	128,953	124,861	111,916	122,493
Net income	481,376	453,960	405,645	446,362
Amortization of net actuarial costs, net of income taxes of (41), (182), and (27) for the years ended december 31, 2025, 2024 and 2023, respectively	-156	-684	-103	32
Net actuarial gain (loss) on pension plan, net of income taxes of 192, 483, and (157) as of december 31, 2025, 2024 and 2023, respectively	723	2,436	-582	3,491
Total other comprehensive income (loss)	567	1,752	-685	3,523
Total comprehensive income	481,943	455,712	404,960	449,885

Basic (in dollars per share)	6.98	19.75	52.81	57.8
Basic (in shares)	68,949,240	22,986,197	7,681,435	7,721,957
Diluted (in dollars per share)	6.97	19.72	52.77	57.77
Diluted (in shares)	69,027,492	23,019,751	7,686,615	7,726,809