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Side-by-side financial comparison of Priority Technology Holdings, Inc. (PRTH) and Texas Pacific Land Corporation (TPL). Click either name above to swap in a different company.

Priority Technology Holdings, Inc. is the larger business by last-quarter revenue ($247.1M vs $211.6M, roughly 1.2× Texas Pacific Land Corporation). Texas Pacific Land Corporation runs the higher net margin — 58.3% vs 3.6%, a 54.7% gap on every dollar of revenue. On growth, Texas Pacific Land Corporation posted the faster year-over-year revenue change (13.9% vs 8.8%). Over the past eight quarters, Texas Pacific Land Corporation's revenue compounded faster (10.2% CAGR vs 9.6%).

Information technology (IT) is the study or use of computers, telecommunication systems and other devices to create, process, store, retrieve and transmit information. While the term is commonly used to refer to computers and computer networks, it also encompasses other information distribution technologies such as television and telephones. Information technology is an application of computer science and computer engineering.

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.

PRTH vs TPL — Head-to-Head

Bigger by revenue
PRTH
PRTH
1.2× larger
PRTH
$247.1M
$211.6M
TPL
Growing faster (revenue YoY)
TPL
TPL
+5.0% gap
TPL
13.9%
8.8%
PRTH
Higher net margin
TPL
TPL
54.7% more per $
TPL
58.3%
3.6%
PRTH
Faster 2-yr revenue CAGR
TPL
TPL
Annualised
TPL
10.2%
9.6%
PRTH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PRTH
PRTH
TPL
TPL
Revenue
$247.1M
$211.6M
Net Profit
$8.9M
$123.3M
Gross Margin
Operating Margin
13.6%
70.5%
Net Margin
3.6%
58.3%
Revenue YoY
8.8%
13.9%
Net Profit YoY
23.9%
4.2%
EPS (diluted)
$0.10
$-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
PRTH
PRTH
TPL
TPL
Q4 25
$247.1M
$211.6M
Q3 25
$241.4M
$203.1M
Q2 25
$239.8M
$187.5M
Q1 25
$224.6M
$196.0M
Q4 24
$227.1M
$185.8M
Q3 24
$227.0M
$173.6M
Q2 24
$219.9M
$172.3M
Q1 24
$205.7M
$174.1M
Net Profit
PRTH
PRTH
TPL
TPL
Q4 25
$8.9M
$123.3M
Q3 25
$27.6M
$121.2M
Q2 25
$10.9M
$116.1M
Q1 25
$8.3M
$120.7M
Q4 24
$7.2M
$118.4M
Q3 24
$10.6M
$106.6M
Q2 24
$994.0K
$114.6M
Q1 24
$5.2M
$114.4M
Operating Margin
PRTH
PRTH
TPL
TPL
Q4 25
13.6%
70.5%
Q3 25
15.6%
73.4%
Q2 25
15.6%
76.6%
Q1 25
14.5%
76.6%
Q4 24
15.0%
76.7%
Q3 24
16.8%
73.4%
Q2 24
15.1%
77.3%
Q1 24
13.6%
78.1%
Net Margin
PRTH
PRTH
TPL
TPL
Q4 25
3.6%
58.3%
Q3 25
11.4%
59.7%
Q2 25
4.5%
61.9%
Q1 25
3.7%
61.6%
Q4 24
3.2%
63.7%
Q3 24
4.7%
61.4%
Q2 24
0.5%
66.5%
Q1 24
2.5%
65.7%
EPS (diluted)
PRTH
PRTH
TPL
TPL
Q4 25
$0.10
$-8.59
Q3 25
$0.34
$5.27
Q2 25
$0.14
$5.05
Q1 25
$0.10
$5.24
Q4 24
$-0.05
$5.14
Q3 24
$0.07
$4.63
Q2 24
$-0.23
$4.98
Q1 24
$-0.10
$4.97

Balance Sheet & Financial Strength

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

Metric
PRTH
PRTH
TPL
TPL
Cash + ST InvestmentsLiquidity on hand
$77.2M
$144.8M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$-100.4M
$1.5B
Total Assets
$2.4B
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRTH
PRTH
TPL
TPL
Q4 25
$77.2M
$144.8M
Q3 25
$57.0M
$531.8M
Q2 25
$50.6M
$543.9M
Q1 25
$47.6M
$460.4M
Q4 24
$58.6M
$369.8M
Q3 24
$41.1M
$533.9M
Q2 24
$34.6M
$894.7M
Q1 24
$34.3M
$837.1M
Total Debt
PRTH
PRTH
TPL
TPL
Q4 25
$1.0B
Q3 25
$997.5M
Q2 25
$917.0M
Q1 25
$918.9M
Q4 24
$920.9M
Q3 24
$808.1M
Q2 24
$809.0M
Q1 24
$631.4M
Stockholders' Equity
PRTH
PRTH
TPL
TPL
Q4 25
$-100.4M
$1.5B
Q3 25
$-110.3M
$1.4B
Q2 25
$-146.1M
$1.3B
Q1 25
$-158.3M
$1.2B
Q4 24
$-166.8M
$1.1B
Q3 24
$-165.8M
$1.1B
Q2 24
$-172.1M
$1.2B
Q1 24
$-159.9M
$1.1B
Total Assets
PRTH
PRTH
TPL
TPL
Q4 25
$2.4B
$1.6B
Q3 25
$2.2B
$1.5B
Q2 25
$2.0B
$1.4B
Q1 25
$1.9B
$1.4B
Q4 24
$1.8B
$1.2B
Q3 24
$1.8B
$1.2B
Q2 24
$1.7B
$1.3B
Q1 24
$1.6B
$1.3B

Cash Flow & Capital Efficiency

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

Metric
PRTH
PRTH
TPL
TPL
Operating Cash FlowLast quarter
$36.8M
$113.7M
Free Cash FlowOCF − Capex
$30.9M
FCF MarginFCF / Revenue
12.5%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
4.12×
0.92×
TTM Free Cash FlowTrailing 4 quarters
$75.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRTH
PRTH
TPL
TPL
Q4 25
$36.8M
$113.7M
Q3 25
$36.1M
$154.6M
Q2 25
$17.1M
$120.9M
Q1 25
$10.0M
$156.7M
Q4 24
$23.8M
$126.6M
Q3 24
$19.8M
$118.6M
Q2 24
$28.7M
$98.3M
Q1 24
$13.3M
$147.2M
Free Cash Flow
PRTH
PRTH
TPL
TPL
Q4 25
$30.9M
Q3 25
$30.1M
Q2 25
$9.2M
Q1 25
$4.9M
Q4 24
$19.1M
Q3 24
$14.5M
Q2 24
$23.6M
Q1 24
$6.7M
FCF Margin
PRTH
PRTH
TPL
TPL
Q4 25
12.5%
Q3 25
12.5%
Q2 25
3.8%
Q1 25
2.2%
Q4 24
8.4%
Q3 24
6.4%
Q2 24
10.7%
Q1 24
3.3%
Capex Intensity
PRTH
PRTH
TPL
TPL
Q4 25
2.4%
Q3 25
2.5%
Q2 25
3.3%
Q1 25
2.3%
Q4 24
2.0%
Q3 24
2.3%
Q2 24
2.3%
Q1 24
3.2%
Cash Conversion
PRTH
PRTH
TPL
TPL
Q4 25
4.12×
0.92×
Q3 25
1.31×
1.28×
Q2 25
1.57×
1.04×
Q1 25
1.20×
1.30×
Q4 24
3.29×
1.07×
Q3 24
1.87×
1.11×
Q2 24
28.87×
0.86×
Q1 24
2.56×
1.29×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PRTH
PRTH

Segment breakdown not available.

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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