Texas Pacific Land Corp
TPLEnergy·Oil & Gas E&P·USA·Large·NYSE·Nov 13 • 7:44 AM ET
286.03+4.84 (1.72%)
2026-11-13 13:47 CET
Market cap
$19.73B
Revenue, TTM
967.85 USD m
Net income, TTM
587.55 USD m
Free cash flow, TTM
564.03 USD m
EPS diluted, TTM
8.51
33.60
Price
TPL against its 20, 50 and 200-day averagesPatternshover a marker to name it
47.7% under the 52-week high of 547.20 on 23 Feb 2026. 52-week low 265.31 on 6 Nov 2026. Last 15 sessions, 28.1% high to low
Volume 0.01× normal · the line is the 50-bar volume average
Setup. RS line 0
CANSLIM 4 of 6 — fails: 52-Week High/Low: 0-10% below High; Performance: Year +50%
VCP 2 of 6 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Average True Range: Under 2
Minervini 0 of 4 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Performance: Year +50%
Zanger 0 of 5 — fails: RSI (14): Not Oversold (>50); Performance: Week +10%; 20-Day High/Low: 0-5% below High; Relative Volume: Over 1.5; 200-Day Simple Moving Average: Price above SMA200
Leaders 0 of 5 — fails: 50-Day Simple Moving Average: Price above SMA50; 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%; Average Volume: Over 500K; 52-Week High/Low: 0-10% below High
Breakout 0 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2; 50-Day Simple Moving Average: Price above SMA50; 200-Day Simple Moving Average: Price above SMA200
Growth 3 of 4 — fails: EPS Growth Next Year: High (>25%)
Quality 4 of 5 — fails: P/E: Under 25
Value 2 of 4 — fails: P/E: Under 15; P/B: Under 2
Income 1 of 4 — fails: Dividend Yield: Over 2%; Payout Ratio: Low (<20%); P/E: Under 25
Small Cap 1 of 4 — fails: Average Volume: Over 500K; 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%
Accumulation 1 of 4 — fails: Institutional Transactions: Over +10%; 200-Day Simple Moving Average: Price above SMA200; Performance: Year Up
Relative Strength 0 of 3 — fails: Performance: Year +100%; 200-Day Simple Moving Average: Price above SMA200; Average Volume: Over 500K
Profile
TPL52-week range, 7% of the way up
265.31547.20
Texas Pacific Land Corp. operates as a landowner in the State of Texas. Its surface and royalty ownership allow revenue generation through the entire value chain of oil and gas development, including through fixed fee payments for use of the firm's land, revenue for sales of materials used in the construction of infrastructure, providing sourced water and treated produced water, revenue from its oil and gas royalty interests, and revenues related to saltwater disposal on land. The firm also generates revenue from pipeline, power line and utility easements, commercial leases, material sales and seismic and temporary permits related to a variety of land uses including midstream infrastructure projects and hydrocarbon processing facilities. It operates through the Land and Resource Management and Water Services and Operations segment. The Land and Resource Management segment focuses on managing oil and gas royalty interest and surface. The Water Services and Operations segment refers to the full-service water offerings to operators in the Permian Basin through Texas Pacific Water Resources LLC, a single member Texas limited liability company owned by the company. The company was founded in 1871 and is headquartered in Dallas, TX.
| Index | S&P 500, RUI |
|---|---|
| Employees | 114 |
| IPO | Jan 01, 1927 |
| Beta | 0.58 |
| ATR, 14d | 14.19 |
| Rel volume | 0.01 |
| Short float | 6.19% |
| Insider own | 0.41% |
| Inst own | 76.38% |
Snapshot
6 groupsValuation
| Index | S&P 500, RUI |
|---|---|
| Market Cap | $19.73B |
| Enterprise Value | 19.37B |
| Income | 587.55M |
| Sales | 967.85M |
| Book / share | 26.13 |
| Cash / share | 5.36 |
| Dividend Est. | 2.40 (0.84%) |
| Dividend TTM | 2.33 (0.82%) |
| Dividend Ex-Date | Dec 01, 2026 |
| Dividend Gr. 3/5Y | 17.00% 13.92% |
| Payout | 30.59% |
| Employees | 114 |
| IPO | Jan 01, 1927 |
Ratios
| Price / earnings | 33.60 |
|---|---|
| Forward price / earnings | 28.01 |
| Price / earnings / growth | - |
| Price / sales | 20.38 |
| Price / book | 10.95 |
| Price / cash | 53.38 |
| Price / free cash flow | 34.98 |
| Value / cash profit | 24.02 |
| Value / sales | 20.02 |
| Quick Ratio | 5.41 |
| Current Ratio | 5.41 |
| Debt / equity | 0.01 |
| Long-term debt / equity | 0.01 |
| Options and short | Yes / Yes |
Earnings
| Earnings / share | 8.51 |
|---|---|
| Earnings next year | 10.21 |
| Earnings next quarter | 2.54 |
| Earnings this year | 31.97% |
| Earnings next year | 11.01% |
| Earnings growth, 5 years | - |
| Past earnings growth | 2.80% 22.56% |
| Past sales growth | 6.15% 21.41% |
| Earnings vs last year | 23.30% |
| Sales vs last year | 25.30% |
| Earnings vs last quarter | 38.04% |
| Sales vs last quarter | 34.62% |
| Earnings | Nov 04 AMC |
| Surprise | 4.01% 8.92% |
Ownership
| Insiders own | 0.41% |
|---|---|
| Insider trades | -1.36% |
| Institutions own | 76.38% |
| Institution trades | 0.07% |
| Return on assets | 33.45% |
| Return on equity | 37.07% |
| Return on capital | 32.33% |
| Gross Margin | 86.30% |
| Operating margin | 75.55% |
| Profit Margin | 60.71% |
| 20-day average | -8.53% |
| 50-day average | -15.13% |
| 200-day average | -28.32% |
Technical
| Shares out | 68.97M |
|---|---|
| Shares floating | 68.69M |
| Short / float | 6.19% |
| Short ratio | 11.10 |
| Short interest | 4.25M |
| 52-week high | 547.20 -47.7% |
| 52-week low | 265.31 +7.8% |
| Volatility | 4.59% 4.74% |
| Average range | 14.19 |
| Strength index | 34.04 |
| Market sensitivity | 0.58 |
| Relative volume | 0.01 |
| Avg Volume | 382.86K |
| Volume | 245 |
Performance
| Perf Week | 5.02% |
|---|---|
| Perf Month | -17.46% |
| Perf Quarter | -20.72% |
| Perf Half Y | -25.74% |
| Perf YTD | -0.42% |
| Perf Year | -13.24% |
| Perf 3Y | 57.09% |
| Perf 5Y | 103.71% |
| Perf 10Y | 865.89% |
| Recommendation | 2.00 |
| Target Price | 446.33 |
| Prev Close | 281.18 |
| Price | 286.02 |
| Change % | 1.72% |
Analyst ratings
latest 5 of 5| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Dec 02, 2025 | Initiated | KeyBanc Capital Markets | Overweight | $1050 | +267.1% |
| Sep 29, 2021 | Initiated | Credit Suisse | Underperform | $800 | +179.7% |
| Apr 01, 2021 | Downgrade | Stifel | Buy → Hold | $1359 | +375.1% |
| Jan 12, 2021 | Initiated | BWS Financial | Buy | $1150 | +302.1% |
| Jan 09, 2020 | Initiated | Stifel | Buy | $937 | +227.6% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| LB | LandBridge Corp | 5.62B |
| EROK | EagleRock Land LLC | 2.75B |
| VNOM | Viper Energy Inc | 14.77B |
| BSM | Black Stone Minerals LP | 2.99B |
| KRP | Kimbell Royalty Partners LP | 2.21B |
| DMLP | Dorchester Minerals LP | 1.43B |
| FANG | Diamondback Energy Inc | 50.86B |
| WBI | WaterBridge Infrastructure LLC | 3.37B |
| PBT | Permian Basin Royalty Trust | 1.41B |
| SBR | Sabine Royalty Trust | 937.60M |
Insider trading
latest 14 of 100| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| HORIZON KINETICS ASSET MANAGEM | 10% Owner | Sep 29 '26 | Buy | 340.96 | 4 | 1,364 | 3,364,203 | Oct 01 03:34 PM |
| HORIZON KINETICS ASSET MANAGEM | 10% Owner | Sep 28 '26 | Buy | 340.12 | 1 | 340 | 3,390,856 | Sep 29 01:36 PM |
| HORIZON KINETICS ASSET MANAGEM | 10% Owner | Sep 25 '26 | Buy | 339.72 | 1 | 340 | 3,390,855 | Sep 29 09:28 AM |
| HORIZON KINETICS ASSET MANAGEM | 10% Owner | Sep 24 '26 | Buy | 340.28 | 1 | 340 | 3,390,854 | Sep 25 11:29 AM |
| HORIZON KINETICS ASSET MANAGEM | 10% Owner | Sep 23 '26 | Buy | 352.95 | 1 | 353 | 3,390,853 | Sep 24 10:57 AM |
| HORIZON KINETICS ASSET MANAGEM | 10% Owner | Sep 22 '26 | Buy | 361.36 | 1 | 361 | 3,390,852 | Sep 23 11:41 AM |
| HORIZON KINETICS ASSET MANAGEM | 10% Owner | Sep 21 '26 | Buy | 348.98 | 1 | 349 | 3,390,851 | Sep 22 09:45 AM |
| HORIZON KINETICS ASSET MANAGEM | 10% Owner | Sep 18 '26 | Buy | 351.34 | 1 | 351 | 3,390,850 | Sep 21 12:56 PM |
| HORIZON KINETICS ASSET MANAGEM | 10% Owner | Sep 17 '26 | Buy | 349.35 | 1 | 349 | 3,390,849 | Sep 18 11:50 AM |
| DOYLE PETER | Director | Sep 15 '26 | Buy | 371.64 | 5 | 1,858 | 146,941 | Sep 17 04:22 PM |
| HORIZON KINETICS ASSET MANAGEM | 10% Owner | Sep 16 '26 | Buy | 352.36 | 1 | 352 | 3,390,848 | Sep 17 10:43 AM |
| Horizon Kinetics Asset Managem | 10% Owner | Sep 17 '26 | Proposed Sale | 299.52 | 250 | 74,880 | Sep 17 09:02 AM | |
| HORIZON KINETICS ASSET MANAGEM | 10% Owner | Sep 15 '26 | Buy | 370.59 | 1 | 371 | 3,390,847 | Sep 16 03:40 PM |
| HORIZON KINETICS ASSET MANAGEM | 10% Owner | Sep 14 '26 | Buy | 371.73 | 1 | 372 | 3,390,846 | Sep 15 01:58 PM |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| VTI | Vanguard Morningstar Total Stock Market ETF | AUM: 696.31B |
| VOO | Vanguard S&P 500 ETF | AUM: 1070.75B |
| XLE | State Street Energy Select Sector SPDR ETF | AUM: 41.58B |
| VB | Vanguard Morningstar Small-Cap ETF | AUM: 80.23B |
| VO | Vanguard Morningstar Mid-Cap ETF | AUM: 108.45B |
| IVV | iShares Core S&P 500 ETF | AUM: 882.14B |
| SPY | SPDR S&P 500 ETF Trust | AUM: 805.69B |
| VUG | Vanguard Morningstar Growth ETF | AUM: 221.26B |
| RSP | Invesco S&P 500 Equal Weight ETF | AUM: 105.70B |
| VBK | Vanguard Morningstar Small-Cap Growth ETF | AUM: 22.68B |
News
latest 14 of 200- The Blue Wave Crashed on Texas Pacific Land. That Could Be an Opportunity. (Barrons.com)
- Texas Pacific Land Beats On Record Royalties, But Stalled Data Center Deals Overshadow The Quarter (Earnings Whispers) -5.38%
- Texas Pacific: Q3 Earnings Snapshot (Associated Press) -13.36%
- Texas Pacific Land Corporation Announces Third Quarter Results (Business Wire)
- 4 Energy Stocks for Midterm Elections That Could Go Either Way (Oilprice.com)
- Texas Pacific Land Faces Its Data Center Credibility Test As Shares Sink Toward Lows (Earnings Whispers)
- Five Shale Stocks to Watch Before Third-Quarter Earnings (Oilprice.com)
- Texas Pacific Land Corporation Sets Dates for Third Quarter 2026 Earnings Release and Conference Call (Business Wire)
- Murray Stahl's Top Q2 2026 Move: Miami International Holdings Inc at a 1.85% Portfolio Impact (GuruFocus.com) -6.08%
- Permian Basin Landowners Pivot to Data Centers Amid AI Boom (CRE Daily)
- Data-Center Backlash Leads to a New Land Rush in the Texas Oil Patch (The Wall Street Journal)
- Texas Pacific Land Corp (TPL) (Q2 2026) Earnings Call Highlights: Record Revenue and Strategic ... (GuruFocus.com) -6.87%
- Texas Pacific: Q2 Earnings Snapshot (Associated Press)
- Texas Pacific Land Corporation Announces Second Quarter Results (Business Wire)
Quarterly earnings
2026Q3 EPS 2.420 beat 2.327, from 1.757 a year earlier. Sales 273.39 beat 251, from 203.09 a year earlier
The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.
| Period | Reported | EPS adjusted | EPS est | EPS reported | Sales act, USD m | Sales est, USD m | Surprise | Year-ago quarter | Analysts | Next session |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026Q3ended 2026-09-30 | 2026-11-04 16:30 | 2.420 | 2.327 | 1.657 | 273.39 | 251 | EPS +4.0% · sales +8.9% | vs 2025Q3, year-ago quarter · EPS +37.8% · sales +34.6% | 2 | Open +4.56% vs SPY -0.17%. Close -5.38% vs SPY -4.41% |
| 2026Q2ended 2026-06-30 | 2026-08-05 16:30 | 2.230 | 2.183 | 2.230 | 246.06 | 249.5 | EPS +2.1% · sales -1.4% | vs 2025Q2, year-ago quarter · EPS +32.5% · sales +31.2% | 2 | Open +3.23% vs SPY +0.05%. Close -6.87% vs SPY -0.16% |
| 2026Q1ended 2026-03-31 | 2026-05-06 16:30 | 2.070 | 2.020 | 2.071 | 236.82 | 233 | EPS +2.5% · sales +1.6% | vs 2025Q1, year-ago quarter · EPS - · sales +20.8% | 2 | Open +1.26% vs SPY +0.17%. Close -4.92% vs SPY -0.31% |
| 2025Q4ended 2025-12-31 | 2026-02-18 16:30 | 1.790 | 1.792 | 1.787 | 211.58 | 207.5 | EPS -0.1% · sales +2.0% | vs 2024Q4, year-ago quarter · EPS - · sales +13.9% | 2 | Open -2.43% vs SPY -0.36%. Close +10.40% vs SPY -0.26% |
| 2025Q3ended 2025-09-30 | 2025-11-05 16:30 | 1.757 | 1.924 | 1.756 | 203.09 | 175 | EPS -8.7% · sales +16.0% | vs 2024Q3, year-ago quarter · EPS - · sales +17.0% | 1 | Open -0.22% vs SPY -0.16%. Close +10.02% vs SPY -1.07% |
| 2025Q2ended 2025-06-30 | 2025-08-06 16:30 | 1.683 | - | 1.682 | 187.54 | 198 | EPS - · sales -5.3% | vs 2024Q2, year-ago quarter · EPS - · sales +8.8% | 1 | Open +0.81% vs SPY +0.55%. Close -8.75% vs SPY -0.08% |
| 2025Q1ended 2025-03-31 | 2025-05-07 16:30 | - | - | 1.748 | 195.98 | - | EPS - · sales - | vs 2024Q1, year-ago quarter · EPS - · sales +12.5% | - | Open +1.98% vs SPY +0.73%. Close -4.16% vs SPY +0.70% |
| 2024Q4ended 2024-12-31 | 2025-02-19 16:30 | - | - | 1.714 | 185.78 | - | EPS - · sales - | vs 2023Q4, year-ago quarter · EPS - · sales +11.5% | - | Open +2.66% vs SPY -0.23%. Close +1.86% vs SPY -0.42% |
| 2024Q3ended 2024-09-30 | 2024-11-06 16:30 | - | - | 1.544 | 173.56 | - | EPS - · sales - | vs 2023Q3, year-ago quarter · EPS - · sales +9.9% | - | Open -5.64% vs SPY +0.35%. Close +0.43% vs SPY +0.77% |
| 2024Q2ended 2024-06-30 | 2024-08-07 16:30 | - | - | 1.660 | 172.33 | - | EPS - · sales - | vs 2023Q2, year-ago quarter · EPS - · sales +7.3% | - | Open +1.36% vs SPY +1.01%. Close +7.09% vs SPY +2.31% |
| 2024Q1ended 2024-03-31 | 2024-05-08 16:30 | - | - | 1.657 | 174.14 | - | EPS - · sales - | vs 2023Q1, year-ago quarter · EPS - · sales +19.0% | - | Open +3.48% vs SPY +0.04%. Close +9.18% vs SPY +0.58% |
| 2023Q4ended 2023-12-31 | 2024-02-21 16:30 | - | - | 1.637 | 166.66 | - | EPS - · sales - | vs 2022Q4, year-ago quarter · EPS - · sales +9.1% | - | Open +2.91% vs SPY +1.37%. Close +2.70% vs SPY +2.07% |
| 2023Q3ended 2023-09-30 | 2023-11-01 16:30 | - | - | 1.527 | 157.97 | - | EPS - · sales - | vs 2022Q3, year-ago quarter · EPS - · sales -17.3% | - | - |
| 2023Q2ended 2023-06-30 | 2023-08-02 16:30 | - | - | 1.450 | 160.61 | - | EPS - · sales - | vs 2022Q2, year-ago quarter · EPS - · sales -8.9% | - | - |
| 2023Q1ended 2023-03-31 | 2023-05-03 16:30 | - | - | 1.249 | 146.36 | - | EPS - · sales - | vs 2022Q1, year-ago quarter · EPS - · sales -0.7% | - | - |
| 2022Q4ended 2022-12-31 | 2023-02-22 16:30 | - | - | 1.438 | 152.71 | - | EPS - · sales - | vs 2021Q4, year-ago quarter · EPS - · sales +3.8% | - | - |
Annual earnings
2025FY EPS 6.970 missed 6.981, from 6.573 a year earlier. Sales 798.19 beat 794, from 705.82 a year earlier
Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.
earnings feed, not the snapshot. Not the statement ratio.
| Period | EPS adjusted | EPS est | EPS reported | Sales act, USD m | Sales est, USD m | P/E, earnings feed |
|---|---|---|---|---|---|---|
| 2027FYestimate | - | 10.211 | - | - | 1,167 | 28.01 |
| 2026FYestimate | - | 9.198 | - | - | 1,016 | 31.10 |
| 2025FY | 6.970 | 6.981 | - | 798.19 | 794 | 41.21 |
| 2024FY | 6.573 | 6.557 | 6.574 | 705.82 | 705 | 56.08 |
| 2023FY | 5.863 | 5.703 | 5.864 | 631.6 | 617.66 | 29.39 |
| 2022FY | 6.419 | 6.646 | 6.419 | 667.42 | 686.07 | 40.03 |
| 2021FY | 3.870 | 4.001 | 3.870 | 450.96 | 433.09 | 34.95 |
| 2020FY | 2.522 | 2.385 | 2.522 | 302.55 | 289.92 | 31.22 |
| 2019FY | 4.598 | 3.217 | 4.566 | 490.5 | 363 | 17.97 |
Quarterly results
2026Q3 revenue 273.39, from 203.09 a year earlier. Operating margin 76.0%, from 73.4% a year earlier
From the quarterly statement. Not an estimate.
Estimate revisions
Latest snapshot of each period and type. 2026FY E 9.20 per share.
| Period | Type | Scale | Date | Mean | vs prior date |
|---|---|---|---|---|---|
| 2026FY | E | per share | 2026-11-09 | 9.20 | -0.5% |
| 2026Q4 | E | per share | 2026-11-09 | 2.54 | -2.7% |
| 2026Q4 | S | - | 2026-11-05 | 282 | 0.0% |
| 2026Q3 | S | - | 2026-11-04 | 251 | 0.0% |
| 2026FY | S | USD millions | 2026-10-14 | 1,016 | +1.2% |
| 2026Q3 | E | per share | 2026-10-13 | 2.33 | -1.3% |
| 2026Q2 | S | - | 2026-07-15 | 249.5 | -2.0% |
| 2026Q2 | E | per share | 2026-07-13 | 2.18 | 0.0% |
| 2026Q1 | S | - | 2026-04-17 | 233 | -3.7% |
| 2026Q1 | E | per share | 2026-04-02 | 2.02 | +3.6% |
| 2025FY | S | - | 2026-02-01 | 794 | 0.0% |
| 2025Q4 | S | - | 2026-01-27 | 207.5 | -1.2% |
| 2025FY | E | per share | 2026-01-24 | 6.98 | 0.0% |
| 2025Q4 | E | per share | 2026-01-24 | 1.79 | 0.0% |
| 2025Q3 | E | per share | 2025-10-21 | 5.77 | - |
| 2025Q3 | S | - | 2025-10-17 | 175 | -15.5% |
Estimate history
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | MRQ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EPS per share | 1.375 | 2.993 | 4.566 | 2.522 | 3.87 | 6.419 | 5.864 | 6.574 | 6.974 | 8.5119 | - |
| Sales USD millions | 155 | 300 | 490 | 303 | 451 | 667 | 632 | 706 | 798 | 968 | - |
| Shares million shares | 70 | 70 | 70 | 70 | 70 | 69 | 69 | 69 | 69 | - | 69 |
| Metric | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|
| EPS per share | 1.544 | 1.714 | 1.748 | 1.682 | 1.756 | 1.787 | 2.071 | 2.23 | 2.424 |
| Sales USD millions | 174 | 186 | 196 | 188 | 203 | 212 | 237 | 246 | 273 |
| Shares million shares | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 |
Income statement, annual
| Metric | TTM | 2025FY12/31/2025 | 2024FY12/31/2024 | 2023FY12/31/2023 | 2022FY12/31/2022 | 2021FY12/31/2021 | 2020FY12/31/2020 | 2019FY12/31/2019 | 2018FY12/31/2018 |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 967.85 | 798.19+13.1% | 705.82+11.8% | 631.60-5.4% | 667.42+48.0% | 450.96+49.0% | 302.56-38.3% | 490.50+63.4% | 300.22 |
| Total Expenses | 236.67 | 206.03+23.6% | 166.69+14.5% | 145.54+38.5% | 105.11+18.7% | 88.56+3.8% | 85.30-6.2% | 90.92+130.8% | 39.39 |
| Operating Income | 731.17 | 592.16+9.8% | 539.14+10.9% | 486.05-13.6% | 562.31+55.2% | 362.39+66.8% | 217.26-45.6% | 399.57+53.2% | 260.83 |
| Unusual Expense | 0.00 | 0.00 | -1.90 | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Net Income Before Taxes | 739.42 | 610.33+5.4% | 578.82+11.8% | 517.56-9.0% | 568.86+56.7% | 363.02+65.3% | 219.66-45.4% | 402.25+53.7% | 261.75 |
| Income Taxes | 151.87 | 128.95+3.3% | 124.86+11.6% | 111.92-8.6% | 122.49+31.7% | 93.04+113.3% | 43.61-47.8% | 83.53+60.6% | 52.01 |
| Consolidated Net Income | 587.55 | 481.38+6.0% | 453.96+11.9% | 405.64-9.1% | 446.36+65.3% | 269.98+53.4% | 176.05-44.8% | 318.73+52.0% | 209.74 |
| Net Income From Continuing Operations | 587.55 | 481.38+6.0% | 453.96+11.9% | 405.64-9.1% | 446.36+65.3% | 269.98+53.4% | 176.05-44.8% | 318.73+52.0% | 209.74 |
| Net Income | 587.55 | 481.38+6.0% | 453.96+11.9% | 405.64-9.1% | 446.36+65.3% | 269.98+53.4% | 176.05-44.8% | 318.73+52.0% | 209.74 |
| EPS (Recurring) per share | 8.51 | 6.97+6.4% | 6.55+11.8% | 5.86-8.7% | 6.42+65.9% | 3.87+53.6% | 2.52-44.9% | 4.57+52.8% | 2.99 |
| EPS (Basic, Before Extraordinaries) per share | 8.52 | 6.98+6.1% | 6.58+12.1% | 5.87-8.6% | 6.42+65.9% | 3.87+53.6% | 2.52-44.9% | 4.57+52.8% | 2.99 |
| EPS (Diluted) per share | 8.51 | 6.97+6.1% | 6.57+12.1% | 5.86-8.7% | 6.42+65.9% | 3.87+53.6% | 2.52-44.9% | 4.57+52.8% | 2.99 |
| Non-Operating Income (Expense) | 11.88 | 18.86-50.1% | 37.78+19.9% | 31.51+381.1% | 6.55+956.5% | 0.62-74.2% | 2.40-10.4% | 2.68+191.3% | 0.92 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 13.68 | 11.93+20.5% | 9.90+21.6% | 8.14+22.8% | 6.63 | - | - | - | - |
| Price To Earnings Ratio ratio statement ratio, not the snapshot | 33.03 | 33.03 | 56.07 | 30.42 | 42.02 | 34.95 | 31.22 | 18.24 | 19.32 |
| Price To Sales Ratio ratio | 23.24 | 24.84 | 36.07 | 19.14 | 27.14 | 21.47 | 18.64 | 12.35 | 14.05 |
| Gross Margin % | 86.30 | 85.46 | 89.90 | 92.35 | 95.07 | 93.46 | 89.23 | 93.94 | 95.42 |
| Operating Margin % | 75.55 | 74.19 | 76.38 | 76.96 | 84.25 | 80.36 | 71.81 | 81.46 | 86.88 |
| Net Margin % | 60.71 | 60.31 | 64.32 | 64.23 | 66.88 | 59.87 | 58.19 | 64.98 | 69.86 |
| Shares Outstanding million shares | 68.97 | 68.94+0.0% | 68.92-0.1% | 69.02-0.3% | 69.26-0.6% | 69.70-0.2% | 69.810.0% | 69.81-0.1% | 69.86 |
| Market Capitalization | 19,394.31 | 19,394.31-23.7% | 25,405.92+113.4% | 11,905.76-33.2% | 17,825.23+89.1% | 9,426.96+71.5% | 5,495.80-6.1% | 5,851.65+45.0% | 4,036.54 |
Income statement, quarterly
| Metric | 2026Q39/30/2026 | 2026Q26/30/2026 | 2026Q13/31/2026 | 2025Q412/31/2025 | 2025Q39/30/2025 | 2025Q26/30/2025 | 2025Q13/31/2025 | 2024Q412/31/2024 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 273.39+34.6% | 246.06+31.2% | 236.82+20.8% | 211.58+13.9% | 203.09+17.0% | 187.54+8.8% | 195.98+12.5% | 185.78+11.5% |
| Total Expenses | 65.61+21.5% | 54.24+23.9% | 54.49+18.7% | 62.33+44.1% | 53.99+16.8% | 43.79+12.0% | 45.91+20.5% | 43.24+31.9% |
| Operating Income | 207.78+39.4% | 191.82+33.4% | 182.33+21.5% | 149.25+4.7% | 149.09+17.1% | 143.75+7.9% | 150.07+10.3% | 142.54+6.5% |
| Unusual Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | 210.39+35.6% | 193.70+30.0% | 183.56+18.9% | 151.76+0.5% | 155.18+14.6% | 148.99+1.7% | 154.39+5.8% | 150.98+4.0% |
| Income Taxes | 43.02+26.8% | 39.77+21.1% | 40.66+20.5% | 28.42-12.9% | 33.94+17.8% | 32.85+3.1% | 33.74+6.9% | 32.62+1.9% |
| Consolidated Net Income | 167.37+38.0% | 153.93+32.5% | 142.90+18.4% | 123.35+4.2% | 121.24+13.7% | 116.14+1.4% | 120.65+5.4% | 118.36+4.6% |
| Net Income From Continuing Operations | 167.37+38.0% | 153.93+32.5% | 142.90+18.4% | 123.35+4.2% | 121.24+13.7% | 116.14+1.4% | 120.65+5.4% | 118.36+4.6% |
| Net Income | 167.37+38.0% | 153.93+32.5% | 142.90+18.4% | 123.35+4.2% | 121.24+13.7% | 116.14+1.4% | 120.65+5.4% | 118.36+4.6% |
| EPS (Recurring) per share | 2.42+37.5% | 2.23+32.7% | 2.07+18.3% | 1.79+4.7% | 1.76+14.3% | 1.68+2.4% | 1.75+5.4% | 1.71+4.3% |
| EPS (Basic, Before Extraordinaries) per share | 2.43+38.1% | 2.23+32.7% | 2.07+18.3% | 1.79+4.1% | 1.76+13.5% | 1.68+1.2% | 1.75+5.4% | 1.72+4.9% |
| EPS (Diluted) per share | 2.42+37.5% | 2.23+32.7% | 2.07+18.3% | 1.79+4.7% | 1.76+14.3% | 1.68+1.2% | 1.75+5.4% | 1.71+4.3% |
| Non-Operating Income (Expense) | 3.59-41.1% | 2.85-45.6% | 2.23-48.4% | 3.21-61.9% | 6.09-24.7% | 5.24-53.7% | 4.32-56.5% | 8.43-25.2% |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 3.27+17.2% | 3.49+25.1% | 3.96+13.1% | 2.96+5.3% | 2.79+19.7% | 2.79+32.9% | 3.50+29.6% | 2.81+62.4% |
| Price To Earnings Ratio ratio statement ratio, not the snapshot | 33.03 | 59.98 | 68.05 | 41.62 | 45.10 | 53.43 | 67.24 | 56.07 |
| Price To Sales Ratio ratio | 23.24 | 33.66 | 39.03 | 24.84 | 27.81 | 32.73 | 41.89 | 36.06 |
| Gross Margin % | 86.59 | 88.54 | 88.04 | 81.35 | 84.54 | 88.19 | 88.23 | 89.02 |
| Operating Margin % | 76.00 | 77.96 | 76.99 | 70.54 | 73.41 | 76.65 | 76.57 | 76.73 |
| Net Margin % | 61.22 | 62.56 | 60.34 | 58.30 | 59.70 | 61.93 | 61.56 | 63.71 |
| Shares Outstanding million shares | 68.97+0.0% | 68.97+0.0% | 68.97+0.0% | 68.94+0.0% | 68.94+0.0% | 68.96+0.0% | 68.960.0% | 68.92-0.1% |
| Market Capitalization | 19,394.31-9.6% | 30,185.96+22.5% | 32,716.93+5.8% | 19,800.43-22.1% | 21,454.52+5.5% | 24,644.50+48.0% | 30,910.55+135.4% | 25,405.92+113.4% |
Balance sheet, annual
| Metric | 2025FY12/31/2025 | 2024FY12/31/2024 | 2023FY12/31/2023 | 2022FY12/31/2022 | 2021FY12/31/2021 | 2020FY12/31/2020 | 2019FY12/31/2019 | 2018FY12/31/2018 | 2017FY12/31/2017 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 145.40-60.8% | 371.38-49.2% | 730.55+41.3% | 517.18+20.8% | 428.24+51.3% | 283.02-6.8% | 303.64+153.8% | 119.65+50.4% | 79.58 |
| Short Term Receivables | 164.91+30.2% | 126.67-1.8% | 128.97+24.0% | 103.98+9.2% | 95.22+97.5% | 48.22-23.4% | 62.99+29.2% | 48.75+174.3% | 17.77 |
| Investment Securities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Securities In Custody | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1,069.15+85.8% | 575.58+225.9% | 176.63+14.2% | 154.73+0.8% | 153.46-0.5% | 154.18+13.3% | 136.13+291.2% | 34.80+3035.1% | 1.11 |
| Investment in Unconsolidated Affiliates | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Property, Plant & Equipment | 178.22+44.0% | 123.74+35.3% | 91.45+3.9% | 88.00+7.9% | 81.55-0.2% | 81.74-10.6% | 91.42+41.1% | 64.80+232.0% | 19.52 |
| Deferred Tax Assets | 15.80+73.8% | 9.09-5.0% | 9.57+38.3% | 6.92+33.1% | 5.20-14.5% | 6.08+62.6% | 3.74+29.9% | 2.88+60.0% | 1.80 |
| Other Intangible Assets | 65.59+29.5% | 50.65+75.9% | 28.80+112.9% | 13.53+141.6% | 5.60+25.3% | 4.47+12.3% | 3.98-76.7% | 17.08+733.2% | 2.05 |
| Total Assets | 1,639.07+30.4% | 1,257.11+7.8% | 1,165.97+31.8% | 884.35+15.0% | 769.27+33.2% | 577.72-4.0% | 601.92+109.0% | 287.95+136.4% | 121.83 |
| Total Debt | 16.18+3495.6% | 0.45-61.5% | 1.17-40.3% | 1.96+35.2% | 1.45-28.6% | 2.03-39.8% | 3.37 | 0.00 | 0.00 |
| Long Term Debt | 16.18+3495.6% | 0.45-61.5% | 1.17-40.3% | 1.96+35.2% | 1.45-28.6% | 2.03-24.0% | 2.67 | 0.00 | 0.00 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | 69.90+23.7% | 56.49+8.8% | 51.94+8.0% | 48.08+8.9% | 44.15-1.5% | 44.81+0.5% | 44.57+150.7% | 17.78+830.9% | 1.91 |
| Other Liabilities | 94.09+39.0% | 67.70-2.8% | 69.67+13.4% | 61.43-14.6% | 71.96+57.5% | 45.70+9.2% | 41.84+64.2% | 25.48+71.9% | 14.82 |
| Total Liabilities | 180.17+44.6% | 124.64+1.5% | 122.78+10.1% | 111.47-5.2% | 117.56+27.0% | 92.54+3.1% | 89.78+107.5% | 43.26+158.6% | 16.73 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 1,458.91+28.8% | 1,132.46+8.6% | 1,043.20+35.0% | 772.89+18.6% | 651.71+34.3% | 485.18-5.3% | 512.14+109.3% | 244.69+132.8% | 105.10 |
| Total Shareholders Equity | 1,458.91+28.8% | 1,132.46+8.6% | 1,043.20+35.0% | 772.89+18.6% | 651.71+34.3% | 485.18-5.3% | 512.14+109.3% | 244.69+132.8% | 105.10 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 1,458.91+28.8% | 1,132.46+8.6% | 1,043.20+35.0% | 772.89+18.6% | 651.71+34.3% | 485.18-5.3% | 512.14+109.3% | 244.69+132.8% | 105.10 |
| Total Liabilities & Stockholders Equity | 1,639.07+30.4% | 1,257.11+7.8% | 1,165.97+31.8% | 884.35+15.0% | 769.27+33.2% | 577.72-4.0% | 601.92+109.0% | 287.95+136.4% | 121.83 |
| Book Value Per Share per share | 21.16+28.8% | 16.43+8.7% | 15.11+35.4% | 11.16+19.4% | 9.35+34.5% | 6.95-5.3% | 7.34+109.7% | 3.50+134.9% | 1.49 |
| Tangible Book Value Per Share per share | 20.69+30.0% | 15.92+7.5% | 14.81+32.7% | 11.16+19.4% | 9.35+34.5% | 6.95-5.3% | 7.34+109.7% | 3.50+134.9% | 1.49 |
| Full-Time Employees people | 114+2.7% | 111+11.0% | 100+1.0% | 99+7.6% | 92-9.8% | 102+8.5% | 94+32.4% | 71+121.9% | 32 |
| Price to Book Ratio ratio | 10.76 | 22.43 | 12.34 | 24.72 | 14.46 | 11.33 | 11.43 | 16.50 | 49.27 |
| Return on Assets % | 33.24 | 37.47 | 39.57 | 53.99 | 40.09 | 29.85 | 71.63 | 100.51 | 105.37 |
| Return on Equity % | 37.15 | 41.73 | 44.67 | 62.66 | 47.49 | 35.30 | 84.23 | 129.51 | 127.33 |
| Return on Invested Capital % | 32.63 | 40.07 | 38.84 | 57.61 | 41.33 | 36.13 | 61.91 | 85.71 | 92.51 |
| Quick Ratio ratio | 4.40 | 10.81 | 19.43 | 16.00 | 10.34 | 15.56 | 8.62 | 6.98 | 6.65 |
| Current Ratio ratio | 4.40 | 10.81 | 19.43 | 16.00 | 10.34 | 15.56 | 8.62 | 6.98 | 6.65 |
Cash flow, annual
| Metric | TTM | 2025FY12/31/2025 | 2024FY12/31/2024 | 2023FY12/31/2023 | 2022FY12/31/2022 | 2021FY12/31/2021 | 2020FY12/31/2020 | 2019FY12/31/2019 | 2018FY12/31/2018 |
|---|---|---|---|---|---|---|---|---|---|
| Funds from Operations | 651.69 | 560.74+14.1% | 491.61+13.8% | 432.14-8.3% | 471.43+64.6% | 286.49+53.3% | 186.93-43.6% | 331.56+46.0% | 227.11 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -15.82 | -19.90 | -0.94 | -13.86 | -24.28 | -21.32-206.0% | 20.11+79.1% | 11.23 | -35.46 |
| Income Taxes Payable | 26.28 | -0.38 | -0.41-125.2% | 1.63 | -25.92-203.6% | 25.03 | -1.22-133.3% | 3.66+381.6% | 0.76 |
| Cash from Operating Activities | 635.87 | 540.84+10.2% | 490.67+17.3% | 418.29-6.5% | 447.15+68.6% | 265.16+28.1% | 207.04-39.6% | 342.79+78.9% | 191.65 |
| Capital Expenditures | -71.84 | -59.53 | -29.70 | -36.43 | -19.21 | -15.55 | -5.09 | -32.21 | -47.88 |
| Net Assets From Acquisitions | -454.24 | -454.24 | -440.58 | -3.57 | -1.66 | 0.00 | -16.95 | -5.02 | -24.30 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00-100.0% | 0.01-90.9% | 0.11-89.9% | 1.09 | 0.00-100.0% | 0.12+300.0% | 0.03 |
| Purchase or Sale of Investments | -169.19 | -85.95 | -1.48 | -20.32 | -0.63 | -0.54 | -3.97 | -74.58 | -9.38 |
| Purchase of Investments | -169.19 | -85.95 | -1.48 | -20.32 | -0.63 | -0.54 | -3.97 | -74.58 | -9.38 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | -3.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 3.88 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -698.78 | -595.85 | -471.75 | -60.31 | -21.40 | -15.00 | -26.00 | -111.69 | -81.53 |
| Cash Dividends Paid | -161.34 | -147.80 | -347.31 | -99.97 | -247.28 | -85.26 | -201.66 | -46.55 | -31.65 |
| Change in Capital Stock | 0.00 | -8.38 | -29.16 | -42.57 | -87.77 | -19.68 | 0.00 | -4.35 | -38.40 |
| Repurchase of Common Pref Stock | 0.00 | -8.38 | -29.16 | -42.57 | -87.77 | -19.68 | 0.00 | -4.35 | -38.40 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Long Term Debt | - | - | - | - | - | - | - | - | 0.00 |
| Reduction of Long Term Debt | - | - | - | - | - | - | - | - | 0.00 |
| Net Financing Active Other Cash Flow | -9.11 | -14.79 | -1.62 | -2.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | -9.11 | -14.79 | -1.62 | -2.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | -170.45 | -170.97 | -378.09 | -144.61 | -336.81 | -104.95 | -201.66 | -50.90 | -70.05 |
| Net Change in Cash | -233.36 | -225.98 | -359.17-268.3% | 213.37+139.9% | 88.94-38.8% | 145.22 | -20.62-111.4% | 180.20+349.7% | 40.07 |
| Free Cash Flow | 564.03 | 481.31+4.4% | 460.98+14.3% | 403.26-5.8% | 427.94+71.4% | 249.62+23.6% | 201.95-35.0% | 310.58+116.0% | 143.77 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Price to Free Cash Flow ratio | 55.86 | 59.45 | 223.98 | 39.85 | 100.26 | 58.91 | 19,377.06 | 22.95 | 37.62 |
Balance sheet, quarterly
| Metric | 2026Q39/30/2026 | 2026Q26/30/2026 | 2026Q13/31/2026 | 2025Q412/31/2025 | 2025Q39/30/2025 | 2025Q26/30/2025 | 2025Q13/31/2025 | 2024Q412/31/2024 |
|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 369.56-38.7% | 248.61-54.3% | 249.21-46.3% | 145.40-60.8% | 602.92+12.9% | 543.93-39.2% | 463.80-44.6% | 371.38-49.2% |
| Short Term Receivables | 190.31+48.9% | 195.15+70.7% | 201.04+45.4% | 164.91+30.2% | 127.79+4.2% | 114.31-4.0% | 138.25+13.5% | 126.67-1.8% |
| Investments | 1,155.23+97.5% | 1,159.66+105.7% | 1,060.58+85.5% | 1,069.15+85.8% | 585.05+90.7% | 563.73+219.6% | 571.85+225.0% | 575.58+225.9% |
| Investment in Unconsolidated Affiliates | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Property, Plant & Equipment | 204.65+35.0% | 196.01+53.2% | 180.16+40.2% | 178.22+44.0% | 151.57+27.3% | 127.95+34.0% | 128.47+39.3% | 123.74+35.3% |
| Deferred Tax Assets | - | - | - | 15.80+73.8% | - | - | - | 9.09-5.0% |
| Other Intangible Assets | 68.32+18.6% | 60.05+9.7% | 60.48+18.8% | 65.59+29.5% | 57.60-38.2% | 54.74+81.9% | 50.93+58.5% | 50.65+75.9% |
| Total Assets | 1,988.06+30.4% | 1,859.47+32.4% | 1,751.45+29.4% | 1,639.07+30.4% | 1,524.91+29.7% | 1,404.66+6.8% | 1,353.29+7.5% | 1,257.11+7.8% |
| Total Debt | 15.23-7.8% | 15.51 | 15.84 | 16.18+3495.6% | 16.51 | 0.00 | 0.00 | 0.45-61.5% |
| Long Term Debt | 15.23-7.8% | 15.51 | 15.84 | 16.18+3495.6% | 16.51 | 0.00 | 0.00 | 0.45-61.5% |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax Liabilities | 49.74-5.3% | 59.30+21.7% | 57.69+19.7% | 69.90+23.7% | 52.51+17.9% | 48.73+13.0% | 48.19+14.7% | 56.49+8.8% |
| Other Liabilities | 120.97+37.6% | 112.27+67.6% | 121.97+23.4% | 94.09+39.0% | 87.94+11.4% | 66.99+1.1% | 98.85+4.4% | 67.70-2.8% |
| Total Liabilities | 185.94+18.5% | 187.08+61.7% | 195.51+33.0% | 180.17+44.6% | 156.95+27.1% | 115.72+5.8% | 147.03+7.5% | 124.64+1.5% |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 1,802.12+31.7% | 1,672.40+29.8% | 1,555.95+29.0% | 1,458.91+28.8% | 1,367.96+30.0% | 1,288.94+6.8% | 1,206.26+7.5% | 1,132.46+8.6% |
| Total Shareholders Equity | 1,802.12+31.7% | 1,672.40+29.8% | 1,555.95+29.0% | 1,458.91+28.8% | 1,367.96+30.0% | 1,288.94+6.8% | 1,206.26+7.5% | 1,132.46+8.6% |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 1,802.12+31.7% | 1,672.40+29.8% | 1,555.95+29.0% | 1,458.91+28.8% | 1,367.96+30.0% | 1,288.94+6.8% | 1,206.26+7.5% | 1,132.46+8.6% |
| Total Liabilities & Stockholders Equity | 1,988.06+30.4% | 1,859.47+32.4% | 1,751.45+29.4% | 1,639.07+30.4% | 1,524.91+29.7% | 1,404.66+6.8% | 1,353.29+7.5% | 1,257.11+7.8% |
| Book Value Per Share per share | 26.13+31.7% | 24.25+29.7% | 22.56+29.0% | 21.16+28.8% | 19.84+30.0% | 18.69+6.8% | 17.49+7.5% | 16.43+8.7% |
| Tangible Book Value Per Share per share | 25.68+32.6% | 23.79+30.7% | 22.09+30.0% | 20.69+30.0% | 19.36+31.3% | 18.20+5.8% | 16.99+6.4% | 15.92+7.5% |
| Full-Time Employees people | - | - | - | 114+2.7% | - | - | - | 111+11.0% |
| Price to Book Ratio ratio | 10.76 | 19.40 | 22.42 | 14.47 | 15.68 | 19.12 | 25.63 | 22.43 |
| Return on Assets % | 33.45 | 33.17 | 32.44 | 33.24 | 35.28 | 33.95 | 35.23 | 37.47 |
| Return on Equity % | 37.07 | 36.57 | 36.47 | 37.15 | 39.37 | 37.01 | 39.52 | 41.73 |
| Return on Invested Capital % | 9.21 | 9.12 | 9.09 | 8.36 | 8.76 | 9.01 | 10.00 | 10.45 |
| Quick Ratio ratio | 5.41 | 4.55 | 4.23 | 4.40 | 10.86 | 14.79 | 7.80 | 10.81 |
| Current Ratio ratio | 5.41 | 4.55 | 4.23 | 4.40 | 10.86 | 14.79 | 7.80 | 10.81 |
Cash flow, quarterly
| Metric | 2026Q39/30/2026 | 2026Q26/30/2026 | 2026Q13/31/2026 | 2025Q412/31/2025 | 2025Q39/30/2025 | 2025Q26/30/2025 | 2025Q13/31/2025 | 2024Q412/31/2024 |
|---|---|---|---|---|---|---|---|---|
| Funds from Operations | 184.74+28.8% | 176.49+31.8% | 144.83+5.1% | 145.63+11.0% | 143.47+22.9% | 133.87+9.3% | 137.78+13.6% | 131.16+7.8% |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 7.66-31.2% | -3.63 | 17.17-9.4% | -37.02 | 11.14+498.9% | -12.96 | 18.95-27.0% | -4.58 |
| Income Taxes Payable | 7.24+26.8% | -8.34 | 33.26+1.0% | -5.88-371.0% | 5.71+329.3% | -33.15 | 32.94+3.6% | 2.17+325.5% |
| Cash from Operating Activities | 192.39+24.4% | 172.86+43.0% | 162.01+3.4% | 108.61-14.2% | 154.61+30.4% | 120.90+23.0% | 156.73+6.4% | 126.58+13.6% |
| Capital Expenditures | -13.98 | -21.85 | -7.35 | -28.65 | -18.60 | -3.31 | -8.97 | -13.24 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | -454.24 | 0.00 | 0.00 | 0.00 | -352.62 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | -12.58 | -110.16 | 0.00 | -46.45-138.7% | -31.45 | -4.50 | -3.55 | 119.88 |
| Purchase of Investments | -12.58 | -110.16 | 0.00 | -46.45-138.7% | -31.45 | -4.50 | -3.55 | 119.88 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | -3.50 | 1.04 | -1.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00-100.0% | 0.00 | 0.00 | 0.00 | 3.88 | 0.00 | 0.00 |
| Cash from Investing Activities | -30.06 | -130.98 | -8.39 | -529.35 | -50.05 | -3.93 | -12.52 | -245.99 |
| Cash Dividends Paid | -41.38 | -41.39 | -41.80 | -36.77 | -36.81 | -36.78 | -37.43 | -36.76 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.00 | 0.00 | 0.00 | 0.00 | -8.28 | 0.00 | -0.10 | -6.36 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | -8.28 | 0.00 | -0.10 | -6.36 |
| Sale of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Long Term Debt | - | - | - | - | - | 0.00 | 0.00 | - |
| Reduction of Long Term Debt | - | - | - | - | - | 0.00 | 0.00 | - |
| Net Financing Active Other Cash Flow | 0.00 | -0.05 | -9.06 | 0.00 | -0.48 | -0.05 | -14.26 | 0.00 |
| Other Financing Activities Uses | 0.00 | -0.05 | -9.06 | 0.00 | -0.48 | -0.05 | -14.26 | 0.00 |
| Cash from Financing Activities | -41.38 | -41.44 | -50.86 | -36.77 | -45.58 | -36.83 | -51.79 | -43.12 |
| Net Change in Cash | 120.95+105.0% | 0.45-99.4% | 102.76+11.2% | -457.51 | 58.99 | 80.13+39.1% | 92.42-13.3% | -162.53-328.9% |
| Free Cash Flow | 178.41+31.2% | 151.01+28.4% | 154.66+4.7% | 79.95-29.5% | 136.01+22.8% | 117.59+27.9% | 147.76+1.9% | 113.33+5.9% |
| Price to Free Cash Flow ratio | 55.86 | 82.80 | 97.45 | 59.44 | 58.55 | 199.78 | 287.86 | 223.94 |
Revenue breakdown
USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.
| Name | 2024 | 2025 | vs 2024 | 2025 share |
|---|---|---|---|---|
| Easement and Sundry | 73.26 | 91.78 | +25.3% | 11.5% |
| Land Sales | 4.39 | 0.82 | -81.3% | 0.1% |
| Oil And Gas Royalties | 373.33 | 411.68 | +10.3% | 51.6% |
| Produced Water Royalties | 104.12 | 124.22 | +19.3% | 15.6% |
| Water Sales And Royalties | 150.72 | 169.70 | +12.6% | 21.3% |
| Total | 705.82 | 798.19 | +13.1% | 100.0% |
| Name | 2024 | 2025 | vs 2024 | 2025 share |
|---|---|---|---|---|
| United States | 705.82 | 798.19 | +13.1% | 100.0% |
| Total | 705.82 | 798.19 | +13.1% | 100.0% |
| Name | 2024 | 2025 | vs 2024 | 2025 share |
|---|---|---|---|---|
| Land And Resource Management | 440.79 | 490.73 | +11.3% | 61.5% |
| Water Service and Operations | 265.03 | 307.46 | +16.0% | 38.5% |
| Total | 705.82 | 798.19 | +13.1% | 100.0% |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 6.19% | 4.2M | 68.7M | 364.29K |
| 2026-10-15 | 6.17% | 4.2M | 68.7M | 357.28K |
| 2026-09-30 | 6.16% | 4.2M | 68.7M | 365.08K |
| 2026-09-15 | 6.17% | 4.2M | 68.6M | 371.79K |
| 2026-08-31 | 6.75% | 4.6M | 68.6M | 389.76K |
| 2026-08-14 | 6.34% | 4.4M | 68.6M | 404.66K |
| 2026-07-31 | 6.27% | 4.3M | 68.6M | 396.82K |
| 2026-07-15 | 6.25% | 4.3M | 68.6M | 410.02K |
| 2026-06-30 | 5.88% | 4.0M | 68.6M | 460.90K |
| 2026-06-15 | 5.72% | 3.9M | 68.6M | 458.90K |
| 2026-05-29 | 6.55% | 4.5M | 68.6M | 474.66K |
| 2026-05-15 | 6.12% | 4.2M | 68.6M | 536.24K |
| 2026-04-30 | 6.07% | 4.2M | 68.8M | 553.45K |
| 2026-04-15 | 6.14% | 4.2M | 68.8M | 562.60K |
| 2026-03-31 | 5.65% | 3.9M | 68.8M | 517.23K |
| 2026-03-13 | 6.00% | 4.1M | 68.8M | 516.59K |
| 2026-02-27 | 6.84% | 4.7M | 68.8M | 493.08K |
| 2026-02-13 | 6.84% | 4.7M | 68.8M | 425.61K |
| 2026-01-30 | 6.80% | 4.7M | 68.8M | 411.25K |
| 2026-01-15 | 6.61% | 4.5M | 68.8M | 401.13K |
Option chain
Expiry 2026-11-20 · underlying 286.02, quoted 13 Nov 07:44 ET · ATM 290
Option quotes 12 Nov 15:50 ET. A date on a row is older than the last session (12 Nov). 65 rows.
Implied move 6.07% into expiry (call 4.150 + put 13.200 = 17.350 on 286.02)
Put/call open interest 0.56 (1,364 puts / 2,450 calls) · Put/call volume 1.39 (43 puts / 31 calls)
IV change is points against the prior close.
| Type | Strike | Money | Bid | Ask | Last | Chg | IV | Open int | Volume | Last size | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| call 10 Nov | 150 | ITM | 128.2 | 134.7 | 127 | 0.00 | 309.4% +85.7 | 1 | 0 | 0 | 0.981 | -0.278 | 0.019 |
| put 1 Jan | OTM | 0.00 | 8.90 | 0.00 | 0.00 | 223.7% 0.0 | 0 | 0 | 0 | -0.019 | -0.267 | 0.019 | |
| call 1 Jan | 155 | ITM | 123.3 | 129.7 | 0.00 | 0.00 | 295.8% +82.4 | 0 | 0 | 0 | 0.980 | -0.276 | 0.020 |
| put 1 Jan | OTM | 0.00 | 8.90 | 0.00 | 0.00 | 213.4% 0.0 | 0 | 0 | 0 | -0.020 | -0.265 | 0.020 | |
| call 1 Jan | 160 | ITM | 117.9 | 124.7 | 0.00 | 0.00 | 282.6% +79.3 | 0 | 0 | 0 | 0.979 | -0.274 | 0.020 |
| put 1 Jan | OTM | 0.00 | 8.90 | 0.00 | 0.00 | 203.3% 0.0 | 0 | 0 | 0 | -0.020 | -0.263 | 0.020 | |
| call 1 Jan | 165 | ITM | 113.1 | 119.7 | 0.00 | 0.00 | 269.8% +76.3 | 0 | 0 | 0 | 0.978 | -0.273 | 0.021 |
| put 1 Jan | OTM | 0.00 | 4.90 | 0.00 | 0.00 | 193.5% 0.0 | 0 | 0 | 0 | -0.021 | -0.261 | 0.021 | |
| call 1 Jan | 170 | ITM | 109.4 | 114.7 | 0.00 | 0.00 | 257.3% +73.3 | 0 | 0 | 0 | 0.977 | -0.271 | 0.022 |
| put 1 Jan | OTM | 0.00 | 4.90 | 0.00 | 0.00 | 183.9% 0.0 | 0 | 0 | 0 | -0.023 | -0.258 | 0.022 | |
| call 10 Nov | 175 | ITM | 103.3 | 109.7 | 104.5 | 0.00 | 249.5% +74.8 | 1 | 0 | 0 | 0.976 | -0.269 | 0.023 |
| put 1 Jan | OTM | 0.00 | 4.90 | 0.00 | 0.00 | 174.8% 0.0 | 0 | 0 | 0 | -0.024 | -0.256 | 0.023 | |
| call 10 Nov | 180 | ITM | 98.30 | 104.7 | 99.50 | 0.00 | 233.4% +67.6 | 1 | 0 | 0 | 0.975 | -0.267 | 0.024 |
| put 1 Jan | OTM | 0.00 | 4.90 | 0.00 | 0.00 | 165.7% 0.0 | 0 | 0 | 0 | -0.025 | -0.253 | 0.024 | |
| call 10 Nov | 185 | ITM | 93.40 | 99.70 | 94.60 | 0.00 | 221.8% +64.9 | 2 | 0 | 0 | 0.974 | -0.264 | 0.025 |
| put 1 Jan | OTM | 0.00 | 4.90 | 0.00 | 0.00 | 156.9% 0.0 | 0 | 0 | 0 | -0.026 | -0.250 | 0.025 | |
| call 1 Jan | 190 | ITM | 88.50 | 94.70 | 0.00 | 0.00 | 210.5% +62.2 | 0 | 0 | 0 | 0.972 | -0.262 | 0.026 |
| put 1 Jan | OTM | 0.00 | 4.90 | 0.00 | 0.00 | 148.2% 0.0 | 0 | 0 | 0 | -0.028 | -0.247 | 0.026 | |
| call 1 Jan | 195 | ITM | 83.10 | 89.70 | 0.00 | 0.00 | 204.8% +65.0 | 0 | 0 | 0 | 0.971 | -0.259 | 0.027 |
| put 1 Jan | OTM | 0.00 | 4.90 | 0.00 | 0.00 | 139.8% 0.0 | 0 | 0 | 0 | -0.029 | -0.244 | 0.027 | |
| call 11 Nov | 200 | ITM | 79.40 | 84.70 | 80.50 | 0.00 | 188.7% +57.1 | 1 | 0 | 0 | 0.969 | -0.256 | 0.029 |
| put 1 Jan | OTM | 0.00 | 4.90 | 0.00 | 0.00 | 131.5% 0.0 | 0 | 0 | 0 | -0.031 | -0.241 | 0.029 | |
| call 1 Jan | 210 | ITM | 68.30 | 74.80 | 0.00 | 0.00 | 169.1% +53.5 | 0 | 0 | 0 | 0.965 | -0.250 | 0.032 |
| put 1 Jan | OTM | 0.00 | 4.90 | 0.00 | 0.00 | 115.5% 0.0 | 0 | 0 | 0 | -0.035 | -0.233 | 0.032 | |
| call 1 Jan | 220 | ITM | 57.20 | 64.80 | 0.00 | 0.00 | 148.6% +48.5 | 0 | 0 | 0 | 0.960 | -0.243 | 0.035 |
| put 1 Jan | OTM | 0.00 | 4.90 | 0.00 | 0.00 | 100.0% 0.0 | 0 | 0 | 0 | -0.040 | -0.225 | 0.035 | |
| call 1 Jan | 230 | ITM | 49.70 | 54.90 | 0.00 | 0.00 | 129.8% +44.8 | 0 | 0 | 0 | 0.954 | -0.234 | 0.040 |
| put 5 Nov | OTM | 0.00 | 4.90 | 0.30 | 0.00 | 84.9% 0.0 | 0 | 0 | 0 | -0.046 | -0.215 | 0.040 | |
| call 10 Nov | 240 | ITM | 39.90 | 44.40 | 40.20 | 0.00 | 104.4% +34.3 | 16 | 0 | 0 | 0.945 | -0.224 | 0.046 |
| put | OTM | 0.10 | 0.70 | 0.28 | -0.22 | 70.1% 0.0 | 81 | 16 | 5 | -0.055 | -0.203 | 0.046 | |
| call 9 Nov | 250 | ITM | 30.40 | 35.30 | 30.50 | 0.00 | 94.1% +24.4 | 1 | 0 | 0 | 0.887 | -0.370 | 0.079 |
| put | OTM | 0.45 | 2.85 | 0.50 | -0.65 | 69.6% 0.0 | 144 | 1 | 1 | -0.113 | -0.349 | 0.079 | |
| call 1 Jan | 260 | ITM | 21.20 | 26.30 | 0.00 | 0.00 | 85.9% +29.3 | 0 | 0 | 0 | 0.840 | -0.380 | 0.100 |
| put | OTM | 1.25 | 3.30 | 1.45 | -0.83 | 52.6% -3.5 | 46 | 5 | 3 | -0.158 | -0.352 | 0.099 | |
| call | 270 | ITM | 11.50 | 15.90 | 14.70 | -0.50 | 56.8% +4.9 | 70 | 2 | 1 | 0.718 | -0.477 | 0.139 |
| put | OTM | 3.00 | 3.60 | 4.70 | +0.38 | 49.9% -2.0 | 126 | 1 | 1 | -0.281 | -0.453 | 0.139 | |
| call | 280 | ITM | 7.40 | 9.70 | 8.50 | -1.05 | 54.9% -2.5 | 23 | 5 | 1 | 0.540 | -0.611 | 0.163 |
| put | OTM | 6.30 | 9.10 | 6.97 | -3.13 | 60.1% +2.4 | 45 | 4 | 1 | -0.461 | -0.590 | 0.163 | |
| call | 290 | ATM | 2.70 | 5.60 | 4.17 | -0.88 | 55.6% 0.0 | 25 | 9 | 1 | 0.371 | -0.561 | 0.156 |
| put | ATM | 12.20 | 14.20 | 12.65 | -2.39 | 55.4% -1.9 | 35 | 1 | 1 | -0.625 | -0.554 | 0.156 | |
| call | 300 | OTM | 0.90 | 2.20 | 2.16 | -0.21 | 49.8% -1.8 | 136 | 4 | 3 | 0.208 | -0.394 | 0.118 |
| put | ITM | 18.00 | 22.20 | 19.40 | -1.00 | 60.7% +8.4 | 234 | 1 | 1 | -0.788 | -0.377 | 0.119 | |
| call | 310 | OTM | 0.65 | 1.65 | 1.09 | +0.09 | 58.8% 0.0 | 69 | 6 | 3 | 0.139 | -0.346 | 0.091 |
| put | ITM | 27.30 | 31.50 | 28.45 | -0.85 | 70.6% +11.3 | 101 | 1 | 1 | -0.858 | -0.325 | 0.092 | |
| call 9 Nov | 320 | OTM | 0.00 | 1.25 | 0.93 | 0.00 | 66.3% 0.0 | 84 | 0 | 0 | 0.101 | -0.309 | 0.073 |
| put | ITM | 35.90 | 41.00 | 40.70 | -2.13 | 79.5% +13.3 | 304 | 12 | 2 | -0.899 | -0.280 | 0.073 | |
| call | 330 | OTM | 0.05 | 0.70 | 0.68 | -1.32 | 68.0% 0.0 | 67 | 2 | 1 | 0.060 | -0.215 | 0.049 |
| put 10 Nov | ITM | 45.70 | 53.30 | 52.69 | 0.00 | 115.0% +47.1 | 89 | 0 | 0 | -0.940 | -0.185 | 0.049 | |
| call 11 Nov | 340 | OTM | 0.05 | 4.90 | 0.20 | 0.00 | 77.7% 0.0 | 350 | 0 | 0 | 0.054 | -0.225 | 0.045 |
| put 11 Nov | ITM | 55.60 | 61.00 | 60.25 | 0.00 | 104.1% +26.5 | 58 | 0 | 0 | -0.946 | -0.194 | 0.045 | |
| call 11 Nov | 350 | OTM | 0.00 | 4.90 | 0.86 | 0.00 | 86.8% 0.0 | 205 | 0 | 0 | 0.049 | -0.233 | 0.042 |
| put | ITM | 65.50 | 70.90 | 72.50 | -2.06 | 113.9% +27.1 | 67 | 1 | 1 | -0.951 | -0.201 | 0.042 | |
| call 11 Nov | 360 | OTM | 0.00 | 4.90 | 0.14 | 0.00 | 95.6% 0.0 | 165 | 0 | 0 | 0.045 | -0.241 | 0.039 |
| put 10 Nov | ITM | 75.50 | 80.80 | 82.04 | 0.00 | 122.9% +27.4 | 1 | 0 | 0 | -0.954 | -0.208 | 0.039 | |
| call 10 Nov | 370 | OTM | 0.00 | 4.90 | 1.10 | 0.00 | 103.9% 0.0 | 152 | 0 | 0 | 0.042 | -0.248 | 0.037 |
| put 5 Nov | ITM | 85.50 | 90.70 | 72.50 | 0.00 | 131.3% +27.4 | 33 | 0 | 0 | -0.957 | -0.213 | 0.037 | |
| call | 380 | OTM | 0.00 | 1.65 | 0.05 | -1.45 | 111.9% 0.0 | 197 | 1 | 1 | 0.040 | -0.254 | 0.035 |
| put 26 Oct | ITM | 95.50 | 100.7 | 51.00 | 0.00 | 140.7% +28.8 | 0 | 0 | 0 | -0.960 | -0.218 | 0.035 | |
| call | 390 | OTM | 0.00 | 0.25 | 0.05 | -0.15 | 104.6% 0.0 | 162 | 1 | 1 | 0.020 | -0.133 | 0.020 |
| put 14 Oct | ITM | 105.5 | 110.7 | 42.91 | 0.00 | 149.6% +47.7 | 0 | 0 | 0 | -0.982 | -0.078 | 0.018 | |
| call | 400 | OTM | 0.00 | 0.20 | 0.05 | -0.15 | 108.5% 0.0 | 123 | 1 | 1 | 0.016 | -0.117 | 0.017 |
| put 5 Nov | ITM | 115.5 | 120.7 | 93.40 | 0.00 | 158.2% +52.9 | 0 | 0 | 0 | -0.986 | -0.060 | 0.015 | |
| call 4 Nov | 410 | OTM | 0.00 | 4.90 | 0.15 | 0.00 | 114.9% 0.0 | 135 | 0 | 0 | 0.016 | -0.119 | 0.016 |
| put 5 Nov | ITM | 125.5 | 130.7 | 103.4 | 0.00 | 166.5% +55.0 | 0 | 0 | 0 | -0.987 | -0.060 | 0.014 | |
| call 10 Nov | 420 | OTM | 0.00 | 1.00 | 0.38 | 0.00 | 117.5% 0.0 | 203 | 0 | 0 | 0.013 | -0.101 | 0.013 |
| put 5 Nov | ITM | 135.5 | 142.2 | 114.7 | 0.00 | 196.9% +79.3 | 0 | 0 | 0 | -0.987 | -0.061 | 0.013 | |
| call 6 Nov | 430 | OTM | 0.00 | 4.90 | 0.20 | 0.00 | 123.4% 0.0 | 59 | 0 | 0 | 0.012 | -0.102 | 0.013 |
| put 5 Nov | ITM | 145.5 | 152.7 | 127 | 0.00 | 211.6% +88.3 | 0 | 0 | 0 | -0.988 | -0.061 | 0.013 | |
| call 4 Nov | 440 | OTM | 0.00 | 4.60 | 0.50 | 0.00 | 129.1% 0.0 | 53 | 0 | 0 | 0.012 | -0.103 | 0.012 |
| put 3 Nov | ITM | 155.5 | 162.1 | 109.3 | 0.00 | 211.1% +78.4 | 0 | 0 | 0 | -0.986 | -0.081 | 0.015 | |
| call 10 Nov | 450 | OTM | 0.00 | 2.55 | 0.30 | 0.00 | 134.5% 0.0 | 54 | 0 | 0 | 0.011 | -0.104 | 0.012 |
| put 1 Jan | ITM | 165.5 | 172.1 | 0.00 | 0.00 | 219.3% +84.8 | 0 | 0 | 0 | -0.989 | -0.061 | 0.012 | |
| call 29 Oct | 460 | OTM | 0.00 | 3.00 | 0.35 | 0.00 | 139.9% 0.0 | 35 | 0 | 0 | 0.011 | -0.105 | 0.012 |
| put 1 Jan | ITM | 175.5 | 183.1 | 0.00 | 0.00 | 226.2% +82.4 | 0 | 0 | 0 | -0.987 | -0.082 | 0.014 | |
| call 27 Oct | 470 | OTM | 0.00 | 4.90 | 0.30 | 0.00 | 145.0% 0.0 | 6 | 0 | 0 | 0.010 | -0.106 | 0.011 |
| put 3 Nov | ITM | 185.5 | 193.1 | 138.9 | 0.00 | 247.8% +102.7 | 0 | 0 | 0 | -0.989 | -0.061 | 0.011 | |
| call 4 Nov | 480 | OTM | 0.00 | 4.90 | 0.20 | 0.00 | 150.1% 0.0 | 8 | 0 | 0 | 0.010 | -0.107 | 0.011 |
| put 4 Nov | ITM | 195.5 | 202.1 | 180.7 | 0.00 | 241.0% +90.9 | 0 | 0 | 0 | -0.990 | -0.060 | 0.011 | |
| call 26 Oct | 490 | OTM | 0.00 | 4.90 | 0.30 | 0.00 | 155.0% 0.0 | 10 | 0 | 0 | 0.010 | -0.108 | 0.011 |
| put 4 Nov | ITM | 205.5 | 212.6 | 177.9 | 0.00 | 255.1% +100.1 | 0 | 0 | 0 | -0.990 | -0.060 | 0.011 | |
| call 16 Oct | 500 | OTM | 0.00 | 1.25 | 0.35 | 0.00 | 193.4% 0.0 | 15 | 0 | 0 | 0.030 | -0.340 | 0.028 |
| put 1 Jan | ITM | 215.5 | 222.2 | 0.00 | 0.00 | 255.9% +96.1 | 0 | 0 | 0 | -0.990 | -0.060 | 0.011 | |
| call 16 Oct | 510 | OTM | 0.00 | 4.90 | 0.15 | 0.00 | 164.4% 0.0 | 21 | 0 | 0 | 0.009 | -0.110 | 0.010 |
| put 4 Nov | ITM | 225.5 | 232.5 | 208.4 | 0.00 | 266.9% +102.4 | 0 | 0 | 0 | -0.990 | -0.060 | 0.010 |
Latest SEC filings
30 of 1,696AllAll annual, quarterly, and current reportsInsider equity awards, transactions, and ownership (Section 16 Reports)Beneficial ownership reportsExempt offeringsRegistration statements and prospectusesFiling review correspondenceSEC orders and noticesProxy materialsTender offers and going private transactionsTrust indenture filings
10-Q filed 2026-11-04, period ended 2026-09-30. 10-K filed 2026-02-18, period ended 2025-12-31. TPL on EDGAR
page 1 of 57Next →
| Filed | Form | Description | Period | Document |
|---|---|---|---|---|
| 2026-11-10 | 8-K12B | no category | 2026-11-05 | 0001104659-26-125225 index |
| 2026-11-04 | 10-Q | All annual, quarterly, and current reports | 2026-09-30 | 0001811074-26-000077 index |
| 2026-11-04 | 8-K | All annual, quarterly, and current reports | 2026-11-04 | 0001811074-26-000075 index |
| 2026-11-03 | 4 | Insider equity awards, transactions, and ownership (Section 16 Reports) | 2026-11-02 · transaction | 0001437749-26-034686 index |
| 2026-10-30 | SCHEDULE 13G | Beneficial ownership reports | no report period | 0002100121-26-001131 index |
| 2026-10-23 | DEFA14A | Proxy materials | no report period | 0001104659-26-118468 index |
| 2026-10-08 | DEFA14A | Proxy materials | no report period | 0001104659-26-114696 index |
| 2026-10-01 | 4 | Insider equity awards, transactions, and ownership (Section 16 Reports) | 2026-09-29 · transaction | 0001437749-26-031714 index |
| 2026-09-29 | 4 | Insider equity awards, transactions, and ownership (Section 16 Reports) | 2026-09-28 · transaction | 0001437749-26-031441 index |
| 2026-09-29 | 4 | Insider equity awards, transactions, and ownership (Section 16 Reports) | 2026-09-25 · transaction | 0001437749-26-031424 index |
| 2026-09-25 | 4 | Insider equity awards, transactions, and ownership (Section 16 Reports) | 2026-09-24 · transaction | 0001437749-26-031186 index |
| 2026-09-25 | 8-K | All annual, quarterly, and current reports | 2026-09-25 | 0001104659-26-111009 index |
| 2026-09-25 | DEFA14A | Proxy materials | no report period | 0001104659-26-110985 index |
| 2026-09-25 | ARS | Proxy materials | 2025-12-31 | 0001104659-26-110979 index |
| 2026-09-25 | DEFA14A | Proxy materials | no report period | 0001104659-26-110972 index |
| 2026-09-25 | DEF 14A | Proxy materials | 2026-11-05 | 0001104659-26-110963 index |
| 2026-09-24 | 4 | Insider equity awards, transactions, and ownership (Section 16 Reports) | 2026-09-23 · transaction | 0001437749-26-031121 index |
| 2026-09-23 | 4 | Insider equity awards, transactions, and ownership (Section 16 Reports) | 2026-09-22 · transaction | 0001437749-26-031028 index |
| 2026-09-22 | 4 | Insider equity awards, transactions, and ownership (Section 16 Reports) | 2026-09-21 · transaction | 0001437749-26-030861 index |
| 2026-09-21 | 4 | Insider equity awards, transactions, and ownership (Section 16 Reports) | 2026-09-18 · transaction | 0001437749-26-030789 index |
| 2026-09-18 | 4 | Insider equity awards, transactions, and ownership (Section 16 Reports) | 2026-09-17 · transaction | 0001437749-26-030719 index |
| 2026-09-17 | 4 | Insider equity awards, transactions, and ownership (Section 16 Reports) | 2026-09-15 · transaction | 0001437749-26-030688 index |
| 2026-09-17 | 4 | Insider equity awards, transactions, and ownership (Section 16 Reports) | 2026-09-16 · transaction | 0001437749-26-030615 index |
| 2026-09-17 | 144 | no category | no report period | 0001437749-26-030608 index |
| 2026-09-16 | 4 | Insider equity awards, transactions, and ownership (Section 16 Reports) | 2026-09-15 · transaction | 0001437749-26-030537 index |
| 2026-09-15 | 4 | Insider equity awards, transactions, and ownership (Section 16 Reports) | 2026-09-14 · transaction | 0001437749-26-030425 index |
| 2026-09-14 | 4 | Insider equity awards, transactions, and ownership (Section 16 Reports) | 2026-09-11 · transaction | 0001437749-26-030248 index |
| 2026-09-11 | 4 | Insider equity awards, transactions, and ownership (Section 16 Reports) | 2026-09-10 · transaction | 0001437749-26-030130 index |
| 2026-09-11 | PRE 14A | Proxy materials | 2026-11-05 | 0001104659-26-107056 index |
| 2026-09-10 | 4 | Insider equity awards, transactions, and ownership (Section 16 Reports) | 2026-09-09 · transaction | 0001437749-26-030032 index |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 10.05K | 21 | 0 | 0 |
| 2026-08 | 7.72K | 21 | 0 | 0 |
| 2026-07 | 8.99K | 22 | 0 | 0 |
| 2026-06 | 9.58K | 22 | 1.60M | 2 |
| 2026-05 | 8.04K | 18 | 0 | 0 |
| 2026-04 | 9.96K | 21 | 0 | 0 |
| 2026-03 | 11.53K | 22 | 0 | 0 |
| 2026-02 | 464.99K | 20 | 1.27M | 2 |
| 2026-01 | 6.50K | 20 | 0 | 0 |
| 2025-12 | 15.89K | 22 | 0 | 0 |
| 2025-11 | 17.78K | 19 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| HORIZON KINETICS ASSET MANAGEMENT LLC | 14.05% |
| BlackRock, Inc. | 7.68% |
| STATE STREET CORP | 5.61% |
| VANGUARD CAPITAL MANAGEMENT LLC | 5.52% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 4.62% |
| GEODE CAPITAL MANAGEMENT, LLC | 2.43% |
| FIRST MANHATTAN CO. LLC. | 1.54% |
| SoftVest Advisors, LLC | 1.54% |
| MORGAN STANLEY | 1.41% |
| Invesco Ltd. | 1.11% |
Funds
| Fund | % owned |
|---|---|
| Kinetics Paradigm Portfolio | 2.73% |
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 2.70% |
| Global Equity Fund | 2.42% |
| VANGUARD 500 INDEX FUND | 2.18% |
| State Street(R) Energy Select Sector SPDR(R) ETF | 1.80% |
| iShares Core S&P 500 ETF | 1.16% |
| Fidelity 500 Index Fund | 1.09% |
| SPDR S&P 500 ETF TRUST | 1.02% |
| VANGUARD SMALL-CAP INDEX FUND | 0.97% |
| Kinetics Small Cap Opportunities Portfolio | 0.97% |
OakChart. TPL. Cached 15 minutes. Terms