TPL vs. LANDO
TPL (Texas Pacific Land Corporation) and LANDO (Gladstone Land Corporation) are both stocks. TPL operates in Oil & Gas E&P (Energy), while LANDO operates in REIT - Industrial (Real Estate). Over the past 5 years, TPL returned 20.85%/yr vs 3.69%/yr for LANDO. Their 0.06 correlation means their historical movements had little consistent relationship.
Performance
TPL vs. LANDO - Performance Comparison
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Returns By Period
In the year-to-date period, TPL achieves a 40.54% return, which is significantly higher than LANDO's 22.27% return.
TPL
- 1D
- 2.11%
- 1M
- -1.13%
- 6M
- 15.87%
- YTD
- 40.54%
- 1Y
- 30.01%
- 3Y*
- 36.08%
- 5Y*
- 20.85%
- 10Y*
- 37.81%
- ALL TIME*
- 20.00%
LANDO
- 1D
- 0.32%
- 1M
- 7.66%
- 6M
- 14.22%
- YTD
- 22.27%
- 1Y
- 19.55%
- 3Y*
- 8.69%
- 5Y*
- 3.69%
- 10Y*
- —
- ALL TIME*
- 4.57%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $489.41K | $359.71K | $331.89K | |
| $111.11M | $116.94M | $156.85M |
TPL vs. LANDO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TPL Texas Pacific Land Corporation | 40.54% | -21.61% | 115.31% | -32.40% | 91.29% | 73.25% | 57.17% |
LANDO Gladstone Land Corporation | 22.27% | -3.70% | 16.65% | -12.07% | -6.00% | 12.14% | 1.69% |
Correlation
The correlation between TPL and LANDO is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.07 |
Correlation (3Y) Balances recent behavior with more history. | 0.06 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.07 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2020 | 0.06 |
Fundamentals
TPL:
$27.77B
LANDO:
$791.00M
TPL:
$7.30
LANDO:
-$0.31
TPL:
33.12
LANDO:
9.58
TPL:
17.86
LANDO:
1.30
TPL:
$839.03M
LANDO:
$86.33M
TPL:
$625.27M
LANDO:
$12.83M
TPL:
$690.06M
LANDO:
$64.70M
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Return for Risk
TPL vs. LANDO — Risk / Return Rank
TPL
LANDO
TPL vs. LANDO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Texas Pacific Land Corporation (TPL) and Gladstone Land Corporation (LANDO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TPL | LANDO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.02 | ||
| Sortino ratioReturn per unit of downside risk | -1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.30 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | 3.43 | -2.68 |
| Martin ratioReturn relative to average drawdown | 1.62 | 8.13 | -6.51 |
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Drawdowns
TPL vs. LANDO - Drawdown Comparison
The maximum TPL drawdown since its inception was -73.05%, which is greater than LANDO's maximum drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for TPL and LANDO.
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Drawdown Indicators
| TPL | LANDO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.05% | -33.50% | -39.55% |
Max Drawdown (1Y)Largest decline over 1 year | -34.23% | -5.65% | -28.58% |
Max Drawdown (3Y)Largest decline over 3 years | -52.22% | -15.64% | -36.58% |
Max Drawdown (5Y)Largest decline over 5 years | -52.50% | -33.50% | -19.00% |
Max Drawdown (10Y)Largest decline over 10 years | -65.46% | — | — |
Current DrawdownCurrent decline from peak | -29.50% | 0.00% | -29.50% |
Average DrawdownAverage peak-to-trough decline | -27.28% | -9.11% | -18.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.80% | 2.38% | +13.42% |
Volatility
TPL vs. LANDO - Volatility Comparison
Texas Pacific Land Corporation (TPL) has a higher volatility of 10.07% compared to Gladstone Land Corporation (LANDO) at 2.42%. This indicates that TPL's price experiences larger fluctuations and is considered to be riskier than LANDO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TPL | LANDO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.07% | 2.42% | +7.65% |
Volatility (6M)Calculated over the trailing 6-month period | 37.29% | 10.55% | +26.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.83% | 12.48% | +35.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.29% | 16.48% | +29.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.30% | 15.66% | +31.64% |
Dividends
TPL vs. LANDO - Dividend Comparison
TPL's dividend yield for the trailing twelve months is around 0.56%, less than LANDO's 6.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LANDO Gladstone Land Corporation | 6.86% | 8.04% | 7.18% | 7.79% | 6.38% | 5.66% | 1.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TPL Texas Pacific Land Corporation | 0.56% | 0.74% | 1.37% | 0.83% | 1.37% | 0.88% | 2.20% | 0.22% | 0.55% | 0.30% | 0.10% | 0.22% |
Financials
TPL vs. LANDO - Financials Comparison
This section allows you to compare key financial metrics between Texas Pacific Land Corporation and Gladstone Land Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TPL vs. LANDO - Profitability Comparison
TPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Texas Pacific Land Corporation reported a gross profit of 0.00 and revenue of 236.82M. Therefore, the gross margin over that period was 0.0%.
LANDO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Gladstone Land Corporation reported a gross profit of 14.64M and revenue of 14.80M. Therefore, the gross margin over that period was 98.9%.
TPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Texas Pacific Land Corporation reported an operating income of 182.33M and revenue of 236.82M, resulting in an operating margin of 77.0%.
LANDO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Gladstone Land Corporation reported an operating income of 12.68M and revenue of 14.80M, resulting in an operating margin of 85.7%.
TPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Texas Pacific Land Corporation reported a net income of 142.90M and revenue of 236.82M, resulting in a net margin of 60.3%.
LANDO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Gladstone Land Corporation reported a net income of -9.99M and revenue of 14.80M, resulting in a net margin of -67.5%.
Frequently Asked Questions
TPL and LANDO have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TPL has higher volatility (10.07%) compared to LANDO (2.42%). In terms of maximum drawdown, TPL dropped -73.05% vs LANDO's -33.50%.
LANDO currently has the higher Sharpe Ratio (1.55 vs 0.54), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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