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Side-by-side financial comparison of HF Foods Group Inc. (HFFG) and Texas Pacific Land Corporation (TPL). Click either name above to swap in a different company.

HF Foods Group Inc. is the larger business by last-quarter revenue ($308.0M vs $211.6M, roughly 1.5× Texas Pacific Land Corporation). Texas Pacific Land Corporation runs the higher net margin — 58.3% vs -12.1%, a 70.4% gap on every dollar of revenue. On growth, Texas Pacific Land Corporation posted the faster year-over-year revenue change (13.9% vs 0.9%). Over the past eight quarters, Texas Pacific Land Corporation's revenue compounded faster (10.2% CAGR vs 2.1%).

HF Sinclair Corporation is an American energy company that manufactures and sells products such as gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, and specialty and modified asphalt, among others. It is based in Dallas, Texas, United States.

The Texas Pacific Land Corporation is a publicly traded real estate operating company with its administrative office in Dallas, Texas. Owning over 880,000 acres (3,600 km2) in 20 West Texas counties, TPL is among the largest private landowners in the state of Texas. It was previously organized as a publicly traded trust taxed as a corporation, and operated under the name Texas Pacific Land Trust.

HFFG vs TPL — Head-to-Head

Bigger by revenue
HFFG
HFFG
1.5× larger
HFFG
$308.0M
$211.6M
TPL
Growing faster (revenue YoY)
TPL
TPL
+13.0% gap
TPL
13.9%
0.9%
HFFG
Higher net margin
TPL
TPL
70.4% more per $
TPL
58.3%
-12.1%
HFFG
Faster 2-yr revenue CAGR
TPL
TPL
Annualised
TPL
10.2%
2.1%
HFFG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HFFG
HFFG
TPL
TPL
Revenue
$308.0M
$211.6M
Net Profit
$-37.3M
$123.3M
Gross Margin
16.6%
Operating Margin
-12.8%
70.5%
Net Margin
-12.1%
58.3%
Revenue YoY
0.9%
13.9%
Net Profit YoY
15.0%
4.2%
EPS (diluted)
$-0.70
$-8.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HFFG
HFFG
TPL
TPL
Q4 25
$308.0M
$211.6M
Q3 25
$307.0M
$203.1M
Q2 25
$314.9M
$187.5M
Q1 25
$298.4M
$196.0M
Q4 24
$305.3M
$185.8M
Q3 24
$298.4M
$173.6M
Q2 24
$302.3M
$172.3M
Q1 24
$295.7M
$174.1M
Net Profit
HFFG
HFFG
TPL
TPL
Q4 25
$-37.3M
$123.3M
Q3 25
$-1.1M
$121.2M
Q2 25
$1.2M
$116.1M
Q1 25
$-1.6M
$120.7M
Q4 24
$-43.9M
$118.4M
Q3 24
$-3.9M
$106.6M
Q2 24
$17.0K
$114.6M
Q1 24
$-694.0K
$114.4M
Gross Margin
HFFG
HFFG
TPL
TPL
Q4 25
16.6%
Q3 25
16.4%
Q2 25
17.5%
Q1 25
17.1%
Q4 24
17.1%
Q3 24
16.8%
Q2 24
17.4%
Q1 24
17.1%
Operating Margin
HFFG
HFFG
TPL
TPL
Q4 25
-12.8%
70.5%
Q3 25
0.4%
73.4%
Q2 25
1.3%
76.6%
Q1 25
0.4%
76.6%
Q4 24
-13.8%
76.7%
Q3 24
0.2%
73.4%
Q2 24
0.9%
77.3%
Q1 24
-0.0%
78.1%
Net Margin
HFFG
HFFG
TPL
TPL
Q4 25
-12.1%
58.3%
Q3 25
-0.4%
59.7%
Q2 25
0.4%
61.9%
Q1 25
-0.6%
61.6%
Q4 24
-14.4%
63.7%
Q3 24
-1.3%
61.4%
Q2 24
0.0%
66.5%
Q1 24
-0.2%
65.7%
EPS (diluted)
HFFG
HFFG
TPL
TPL
Q4 25
$-0.70
$-8.59
Q3 25
$-0.02
$5.27
Q2 25
$0.02
$5.05
Q1 25
$-0.03
$5.24
Q4 24
$-0.84
$5.14
Q3 24
$-0.07
$4.63
Q2 24
$0.00
$4.98
Q1 24
$-0.01
$4.97

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HFFG
HFFG
TPL
TPL
Cash + ST InvestmentsLiquidity on hand
$144.8M
Total DebtLower is stronger
$106.1M
Stockholders' EquityBook value
$202.1M
$1.5B
Total Assets
$541.5M
$1.6B
Debt / EquityLower = less leverage
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HFFG
HFFG
TPL
TPL
Q4 25
$144.8M
Q3 25
$531.8M
Q2 25
$543.9M
Q1 25
$460.4M
Q4 24
$369.8M
Q3 24
$533.9M
Q2 24
$894.7M
Q1 24
$837.1M
Total Debt
HFFG
HFFG
TPL
TPL
Q4 25
$106.1M
Q3 25
$107.3M
Q2 25
$106.0M
Q1 25
$107.4M
Q4 24
$108.7M
Q3 24
$110.1M
Q2 24
$111.4M
Q1 24
$112.8M
Stockholders' Equity
HFFG
HFFG
TPL
TPL
Q4 25
$202.1M
$1.5B
Q3 25
$239.2M
$1.4B
Q2 25
$239.7M
$1.3B
Q1 25
$238.0M
$1.2B
Q4 24
$239.3M
$1.1B
Q3 24
$283.1M
$1.1B
Q2 24
$286.3M
$1.2B
Q1 24
$286.7M
$1.1B
Total Assets
HFFG
HFFG
TPL
TPL
Q4 25
$541.5M
$1.6B
Q3 25
$595.1M
$1.5B
Q2 25
$593.5M
$1.4B
Q1 25
$581.9M
$1.4B
Q4 24
$550.0M
$1.2B
Q3 24
$612.8M
$1.2B
Q2 24
$616.9M
$1.3B
Q1 24
$603.1M
$1.3B
Debt / Equity
HFFG
HFFG
TPL
TPL
Q4 25
0.53×
Q3 25
0.45×
Q2 25
0.44×
Q1 25
0.45×
Q4 24
0.45×
Q3 24
0.39×
Q2 24
0.39×
Q1 24
0.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HFFG
HFFG
TPL
TPL
Operating Cash FlowLast quarter
$21.0M
$113.7M
Free Cash FlowOCF − Capex
$12.1M
FCF MarginFCF / Revenue
3.9%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
0.92×
TTM Free Cash FlowTrailing 4 quarters
$6.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HFFG
HFFG
TPL
TPL
Q4 25
$21.0M
$113.7M
Q3 25
$-6.0M
$154.6M
Q2 25
$3.5M
$120.9M
Q1 25
$6.9M
$156.7M
Q4 24
$18.4M
$126.6M
Q3 24
$2.3M
$118.6M
Q2 24
$-9.3M
$98.3M
Q1 24
$11.2M
$147.2M
Free Cash Flow
HFFG
HFFG
TPL
TPL
Q4 25
$12.1M
Q3 25
$-9.3M
Q2 25
$363.0K
Q1 25
$3.4M
Q4 24
$15.3M
Q3 24
$-820.0K
Q2 24
$-13.0M
Q1 24
$8.6M
FCF Margin
HFFG
HFFG
TPL
TPL
Q4 25
3.9%
Q3 25
-3.0%
Q2 25
0.1%
Q1 25
1.1%
Q4 24
5.0%
Q3 24
-0.3%
Q2 24
-4.3%
Q1 24
2.9%
Capex Intensity
HFFG
HFFG
TPL
TPL
Q4 25
2.9%
Q3 25
1.1%
Q2 25
1.0%
Q1 25
1.2%
Q4 24
1.0%
Q3 24
1.0%
Q2 24
1.2%
Q1 24
0.9%
Cash Conversion
HFFG
HFFG
TPL
TPL
Q4 25
0.92×
Q3 25
1.28×
Q2 25
2.89×
1.04×
Q1 25
1.30×
Q4 24
1.07×
Q3 24
1.11×
Q2 24
-546.06×
0.86×
Q1 24
1.29×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HFFG
HFFG

Seafood$110.2M36%
Meat And Poultry$62.7M20%
Asian Specialty$55.3M18%
Commodity Product$35.1M11%
Fresh Produce$29.9M10%
Packaging And Other$14.7M5%

TPL
TPL

Water Serviceand Operations Segment$98.2M46%
Water Sales And Royalties$60.7M29%
Produced Water Royalties$33.5M16%
Easementand Sundry$20.6M10%

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