TPL vs. WMB: Texas Pacific Land vs. Williams Stock Comparison
How do Texas Pacific Land (TPL) and Williams (WMB) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Texas Pacific Land (TPL) and Williams (WMB) both belong to the Oil, Gas & Consumable Fuels industry, though TPL is classified under Oil & Gas Exploration & Production while WMB falls under Oil & Gas Storage & Transportation.
| Profile Item | TPL | WMB |
|---|---|---|
| Name | Texas Pacific Land Corporation | The Williams Companies, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Exploration & Production | Oil & Gas Storage & Transportation |
| Market Capitalization | 18.79 billion USD | 80.11 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | December 31, 1981 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | TPL | WMB |
|---|---|---|
| Total Return (1Y) | -14.10% | 14.81% |
| Total Return (3Y, Annualized) | 16.13% | 28.70% |
| Total Return (5Y, Annualized) | 13.42% | 23.72% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | TPL | WMB |
|---|---|---|
| Volatility (1Y, Annualized) | 49.74% | 26.38% |
| Beta (5Y) | 0.62 | 0.65 |
| Max Drawdown (5Y) | -52.50% | -23.01% |
| Avg. Volume (3M) | 380.93K | 7.88M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | TPL | WMB |
|---|---|---|
| Sharpe Ratio (1Y) | -0.37 | 0.40 |
| Sortino Ratio (1Y) | -0.50 | 0.56 |
Profitability
ROE (TTM)
Texas Pacific Land (TPL) at 37.07% sits in the top ROE quartile, while Williams (WMB) at 18.31% is closer to the peer norm — stronger capital efficiency for TPL.
TPL
Energy industry group
37.07%
- Max
- 53.85%
- TPL
- 37.07%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
WMB
Energy industry group
18.31%
- Max
- 53.85%
- Q3
- 24.79%
- WMB
- 18.31%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Texas Pacific Land (TPL) at 60.71% keeps the most of each sales dollar — above its industry’s net margin range — and Williams (WMB) at 24.66% also retains a top-quartile share.
TPL
Energy industry group
60.71%
- TPL
- 60.71%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
WMB
Energy industry group
24.66%
- Max
- 56.92%
- WMB
- 24.66%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Texas Pacific Land (TPL) at 76.20% turns sales into operating profit above its industry’s benchmark range, while Williams (WMB) at 32.69% operates around its industry’s norm.
TPL
Energy industry group
76.20%
- TPL
- 76.20%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
WMB
Energy industry group
32.69%
- Max
- 71.31%
- Q3
- 33.75%
- WMB
- 32.69%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | TPL | WMB |
|---|---|---|
| ROE (TTM) | 37.07% | 18.31% |
| ROA (TTM) | 26.08% | 4.59% |
| Net Margin (TTM) | 60.71% | 24.66% |
| Operating Margin (TTM) | 76.20% | 32.69% |
| Gross Margin (TTM) | 94.09% | 63.05% |
Growth
Revenue Growth
Both Texas Pacific Land (TPL) at 13.09% and Williams (WMB) at 13.78% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Texas Pacific Land (TPL) at 6.04% and Williams (WMB) at 17.58% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | TPL | WMB |
|---|---|---|
| Revenue Growth (YoY) | 13.09% | 13.78% |
| Revenue Growth (3Y CAGR) | 6.15% | 2.91% |
| EPS Growth (YoY) | 6.04% | 17.58% |
| EPS Growth (3Y CAGR) | 2.78% | 8.62% |
Financial Strength
Current Ratio (MRQ)
Texas Pacific Land (TPL) at 5.41 carries current ratio above its industry’s typical mid-range, while Williams (WMB) at 0.75 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
TPL
Energy industry group
5.41
- TPL
- 5.41
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
WMB
Energy industry group
0.75
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- WMB
- 0.75
- Min
- 0.24
Debt / Equity (MRQ)
Texas Pacific Land (TPL) at 0.01 keeps leverage in the lower quartile, while Williams (WMB) at 1.58 sits in the higher-leverage quartile.
TPL
Energy industry group
0.01
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- TPL
- 0.01
- Min
- 0.00
WMB
Energy industry group
1.58
- Max
- 1.75
- WMB
- 1.58
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | TPL | WMB |
|---|---|---|
| Current Ratio (MRQ) | 5.41 | 0.75 |
| Debt / Equity (MRQ) | 0.01 | 1.58 |
| Net Debt / EBITDA | -0.44 | 4.58 |
Dividends
Dividend Yield (TTM)
Both Texas Pacific Land (TPL) at 0.86% and Williams (WMB) at 3.23% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
TPL
Energy industry group
0.86%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- TPL
- 0.86%
- Q1
- 0.00%
- Min
- 0.00%
WMB
Energy industry group
3.23%
- Max
- 8.57%
- Q3
- 3.58%
- WMB
- 3.23%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Texas Pacific Land (TPL) at 27.42% pays out a band-typical share of earnings, while Williams (WMB) at 81.69% distributes more than its industry norm — less retained, thinner cover.
TPL
Energy industry group
27.42%
- Max
- 133.24%
- Q3
- 53.31%
- TPL
- 27.42%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
WMB
Energy industry group
81.69%
- Max
- 133.24%
- WMB
- 81.69%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | TPL | WMB |
|---|---|---|
| Dividend Yield (TTM) | 0.86% | 3.23% |
| Dividend Payout Ratio (TTM) | 27.42% | 81.69% |
Valuation
P/E Ratio (TTM)
Both Texas Pacific Land (TPL) at 32.00 and Williams (WMB) at 25.23 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.
TPL
Energy industry group
32.00
- Max
- 39.54
- TPL
- 32.00
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
WMB
Energy industry group
25.23
- Max
- 39.54
- WMB
- 25.23
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Investors are paying well above the peer range per dollar of sales for both Texas Pacific Land (TPL) at 19.41 and Williams (WMB) at 6.32 — each P/S ratio clears its industry’s benchmark range.
TPL
Energy industry group
19.41
- TPL
- 19.41
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
WMB
Energy industry group
6.32
- WMB
- 6.32
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Measured against book value, both Texas Pacific Land (TPL) at 10.42 and Williams (WMB) at 5.11 look expensive — each P/B ratio sits above its industry’s benchmark range.
TPL
Energy industry group
10.42
- TPL
- 10.42
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
WMB
Energy industry group
5.11
- WMB
- 5.11
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | TPL | WMB |
|---|---|---|
| P/E Ratio (TTM) | 32.00 | 25.23 |
| P/S Ratio (TTM) | 19.41 | 6.32 |
| P/B Ratio (MRQ) | 10.42 | 5.11 |
| Free Cash Flow Yield (TTM) | 0.43% | -3.56% |