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Side-by-side financial comparison of Texas Pacific Land Corporation (TPL) and TOOTSIE ROLL INDUSTRIES INC (TR). Click either name above to swap in a different company.

Texas Pacific Land Corporation is the larger business by last-quarter revenue ($211.6M vs $196.3M, roughly 1.1× TOOTSIE ROLL INDUSTRIES INC). Texas Pacific Land Corporation runs the higher net margin — 58.3% vs 14.7%, a 43.6% gap on every dollar of revenue. On growth, Texas Pacific Land Corporation posted the faster year-over-year revenue change (13.9% vs 1.5%). Over the past eight quarters, TOOTSIE ROLL INDUSTRIES INC's revenue compounded faster (13.2% CAGR vs 10.2%).

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.

Tootsie Roll Industries is an American manufacturer of confectionery based in Chicago, Illinois. Its best-known products include the namesake Tootsie Rolls and Tootsie Pops. Tootsie Roll Industries currently markets its brands internationally in Canada, Mexico, and over 75 other countries.

TPL vs TR — Head-to-Head

Bigger by revenue
TPL
TPL
1.1× larger
TPL
$211.6M
$196.3M
TR
Growing faster (revenue YoY)
TPL
TPL
+12.4% gap
TPL
13.9%
1.5%
TR
Higher net margin
TPL
TPL
43.6% more per $
TPL
58.3%
14.7%
TR
Faster 2-yr revenue CAGR
TR
TR
Annualised
TR
13.2%
10.2%
TPL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
TPL
TPL
TR
TR
Revenue
$211.6M
$196.3M
Net Profit
$123.3M
$28.8M
Gross Margin
35.7%
Operating Margin
70.5%
17.0%
Net Margin
58.3%
14.7%
Revenue YoY
13.9%
1.5%
Net Profit YoY
4.2%
27.9%
EPS (diluted)
$-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
TPL
TPL
TR
TR
Q4 25
$211.6M
$196.3M
Q3 25
$203.1M
$232.7M
Q2 25
$187.5M
$155.1M
Q1 25
$196.0M
$148.5M
Q4 24
$185.8M
$193.4M
Q3 24
$173.6M
$225.9M
Q2 24
$172.3M
$150.7M
Q1 24
$174.1M
$153.2M
Net Profit
TPL
TPL
TR
TR
Q4 25
$123.3M
$28.8M
Q3 25
$121.2M
$35.7M
Q2 25
$116.1M
$17.5M
Q1 25
$120.7M
$18.1M
Q4 24
$118.4M
$22.5M
Q3 24
$106.6M
$32.8M
Q2 24
$114.6M
$15.6M
Q1 24
$114.4M
$15.8M
Gross Margin
TPL
TPL
TR
TR
Q4 25
35.7%
Q3 25
34.1%
Q2 25
36.4%
Q1 25
35.3%
Q4 24
39.1%
Q3 24
34.1%
Q2 24
33.5%
Q1 24
32.7%
Operating Margin
TPL
TPL
TR
TR
Q4 25
70.5%
17.0%
Q3 25
73.4%
13.9%
Q2 25
76.6%
7.8%
Q1 25
76.6%
15.5%
Q4 24
76.7%
20.0%
Q3 24
73.4%
15.6%
Q2 24
77.3%
10.2%
Q1 24
78.1%
7.3%
Net Margin
TPL
TPL
TR
TR
Q4 25
58.3%
14.7%
Q3 25
59.7%
15.3%
Q2 25
61.9%
11.3%
Q1 25
61.6%
12.2%
Q4 24
63.7%
11.6%
Q3 24
61.4%
14.5%
Q2 24
66.5%
10.4%
Q1 24
65.7%
10.3%
EPS (diluted)
TPL
TPL
TR
TR
Q4 25
$-8.59
Q3 25
$5.27
Q2 25
$5.05
Q1 25
$5.24
Q4 24
$5.14
Q3 24
$4.63
Q2 24
$4.98
Q1 24
$4.97

Balance Sheet & Financial Strength

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

Metric
TPL
TPL
TR
TR
Cash + ST InvestmentsLiquidity on hand
$144.8M
$176.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$941.0M
Total Assets
$1.6B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TPL
TPL
TR
TR
Q4 25
$144.8M
$176.6M
Q3 25
$531.8M
$119.8M
Q2 25
$543.9M
$170.5M
Q1 25
$460.4M
$176.6M
Q4 24
$369.8M
$194.6M
Q3 24
$533.9M
$163.2M
Q2 24
$894.7M
$131.2M
Q1 24
$837.1M
$159.4M
Stockholders' Equity
TPL
TPL
TR
TR
Q4 25
$1.5B
$941.0M
Q3 25
$1.4B
$918.9M
Q2 25
$1.3B
$893.1M
Q1 25
$1.2B
$879.4M
Q4 24
$1.1B
$870.7M
Q3 24
$1.1B
$870.2M
Q2 24
$1.2B
$841.4M
Q1 24
$1.1B
$834.4M
Total Assets
TPL
TPL
TR
TR
Q4 25
$1.6B
$1.3B
Q3 25
$1.5B
$1.2B
Q2 25
$1.4B
$1.2B
Q1 25
$1.4B
$1.1B
Q4 24
$1.2B
$1.1B
Q3 24
$1.2B
$1.1B
Q2 24
$1.3B
$1.1B
Q1 24
$1.3B
$1.1B

Cash Flow & Capital Efficiency

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

Metric
TPL
TPL
TR
TR
Operating Cash FlowLast quarter
$113.7M
$73.3M
Free Cash FlowOCF − Capex
$61.0M
FCF MarginFCF / Revenue
31.1%
Capex IntensityCapex / Revenue
6.3%
Cash ConversionOCF / Net Profit
0.92×
2.55×
TTM Free Cash FlowTrailing 4 quarters
$96.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TPL
TPL
TR
TR
Q4 25
$113.7M
$73.3M
Q3 25
$154.6M
$62.2M
Q2 25
$120.9M
$-8.5M
Q1 25
$156.7M
$3.6M
Q4 24
$126.6M
$68.8M
Q3 24
$118.6M
$61.3M
Q2 24
$98.3M
$-12.6M
Q1 24
$147.2M
$21.4M
Free Cash Flow
TPL
TPL
TR
TR
Q4 25
$61.0M
Q3 25
$50.7M
Q2 25
$-16.0M
Q1 25
$750.0K
Q4 24
$64.7M
Q3 24
$55.8M
Q2 24
$-16.6M
Q1 24
$16.9M
FCF Margin
TPL
TPL
TR
TR
Q4 25
31.1%
Q3 25
21.8%
Q2 25
-10.3%
Q1 25
0.5%
Q4 24
33.5%
Q3 24
24.7%
Q2 24
-11.0%
Q1 24
11.0%
Capex Intensity
TPL
TPL
TR
TR
Q4 25
6.3%
Q3 25
5.0%
Q2 25
4.8%
Q1 25
1.9%
Q4 24
2.1%
Q3 24
2.4%
Q2 24
2.6%
Q1 24
2.9%
Cash Conversion
TPL
TPL
TR
TR
Q4 25
0.92×
2.55×
Q3 25
1.28×
1.74×
Q2 25
1.04×
-0.49×
Q1 25
1.30×
0.20×
Q4 24
1.07×
3.06×
Q3 24
1.11×
1.87×
Q2 24
0.86×
-0.81×
Q1 24
1.29×
1.35×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TPL
TPL

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

TR
TR

Products$194.3M99%
Rental And Royalty$1.9M1%

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