TPL vs. LLY
TPL (Texas Pacific Land Corporation) and LLY (Eli Lilly and Company) are both stocks. TPL operates in Oil & Gas E&P (Energy), while LLY operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, TPL returned 36.58%/yr vs 33.45%/yr for LLY. At a 0.08 correlation, their price movements are largely independent.
Performance
TPL vs. LLY - Performance Comparison
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Returns By Period
In the year-to-date period, TPL achieves a 32.28% return, which is significantly higher than LLY's 5.78% return. Over the past 10 years, TPL has outperformed LLY with an annualized return of 36.58%, while LLY has yielded a comparatively lower 33.45% annualized return.
TPL
- 1D
- 2.53%
- 1M
- -2.32%
- YTD
- 32.28%
- 6M
- 35.91%
- 1Y
- 2.17%
- 3Y*
- 38.06%
- 5Y*
- 18.80%
- 10Y*
- 36.58%
LLY
- 1D
- -2.41%
- 1M
- 12.75%
- YTD
- 5.78%
- 6M
- 10.64%
- 1Y
- 39.26%
- 3Y*
- 37.45%
- 5Y*
- 39.59%
- 10Y*
- 33.45%
TPL vs. LLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TPL Texas Pacific Land Corporation | 32.28% | -21.61% | 115.31% | -32.40% | 91.29% | 73.25% | -4.69% | 44.58% | 21.96% | 51.18% |
LLY Eli Lilly and Company | 5.78% | 40.25% | 33.30% | 60.91% | 34.26% | 66.08% | 31.04% | 16.14% | 40.45% | 17.83% |
Correlation
The correlation between TPL and LLY is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1987 | 0.08 |
Fundamentals
TPL:
$26.15B
LLY:
$1.02T
TPL:
$7.30
LLY:
$28.14
TPL:
51.93
LLY:
40.26
TPL:
2.75
LLY:
0.81
TPL:
31.17
LLY:
14.08
TPL:
16.81
LLY:
32.54
TPL:
$839.03M
LLY:
$72.25B
TPL:
$625.27M
LLY:
$59.75B
TPL:
$690.06M
LLY:
$32.97B
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Return for Risk
TPL vs. LLY — Risk / Return Rank
TPL
LLY
TPL vs. LLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Texas Pacific Land Corporation (TPL) and Eli Lilly and Company (LLY). 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 | LLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.22 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | 1.72 | -1.59 |
| Martin ratioReturn relative to average drawdown | 0.25 | 4.28 | -4.03 |
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Drawdowns
TPL vs. LLY - Drawdown Comparison
The maximum TPL drawdown since its inception was -73.05%, which is greater than LLY's maximum drawdown of -68.24%. Use the drawdown chart below to compare losses from any high point for TPL and LLY.
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Drawdown Indicators
| TPL | LLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.05% | -68.24% | -4.81% |
Max Drawdown (1Y)Largest decline over 1 year | -31.68% | -23.64% | -8.04% |
Max Drawdown (3Y)Largest decline over 3 years | -52.22% | -34.48% | -17.74% |
Max Drawdown (5Y)Largest decline over 5 years | -52.50% | -34.48% | -18.02% |
Max Drawdown (10Y)Largest decline over 10 years | -65.46% | -34.48% | -30.98% |
Current DrawdownCurrent decline from peak | -33.65% | -2.41% | -31.24% |
Average DrawdownAverage peak-to-trough decline | -27.27% | -19.21% | -8.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.08% | 9.49% | +7.59% |
Volatility
TPL vs. LLY - Volatility Comparison
Texas Pacific Land Corporation (TPL) has a higher volatility of 14.23% compared to Eli Lilly and Company (LLY) at 9.27%. This indicates that TPL's price experiences larger fluctuations and is considered to be riskier than LLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TPL | LLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.23% | 9.27% | +4.96% |
Volatility (6M)Calculated over the trailing 6-month period | 38.06% | 27.16% | +10.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.87% | 38.01% | +8.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.25% | 32.46% | +13.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.10% | 30.19% | +16.91% |
Dividends
TPL vs. LLY - Dividend Comparison
TPL's dividend yield for the trailing twelve months is around 0.60%, more than LLY's 0.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LLY Eli Lilly and Company | 0.57% | 0.56% | 0.67% | 0.78% | 1.07% | 1.23% | 1.75% | 1.96% | 1.94% | 2.46% | 2.77% | 2.37% |
TPL Texas Pacific Land Corporation | 0.60% | 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. LLY - Financials Comparison
This section allows you to compare key financial metrics between Texas Pacific Land Corporation and Eli Lilly and Company. 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. LLY - Profitability Comparison
TPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
LLY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eli Lilly and Company reported a gross profit of 15.64B and revenue of 19.80B. Therefore, the gross margin over that period was 79.0%.
TPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
LLY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eli Lilly and Company reported an operating income of 9.19B and revenue of 19.80B, resulting in an operating margin of 46.4%.
TPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.
LLY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eli Lilly and Company reported a net income of 7.40B and revenue of 19.80B, resulting in a net margin of 37.4%.
Frequently Asked Questions
TPL and LLY have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TPL has higher volatility (14.23%) compared to LLY (9.27%). In terms of maximum drawdown, TPL dropped -73.05% vs LLY's -68.24%.
LLY currently has the higher Sharpe Ratio (1.07 vs 0.09), 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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