TPL vs FTS

Comparison between Texas Pacific Land Corporation (TPL, Company) and Fortis Inc (FTS, Company).

TPL is from the Energy sector, while FTS is from the Utilities sector.

5-Year PerformanceTPL has outperformed FTS, delivering a return of +19.6% compared to +9.8%

TPL vs FTS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TPL(COMPANY)	FTS(COMPANY)
Market Cap	$29B	$29B
Max Drawdown	73.19%	34.36%
Sharpe Ratio	0.45	1.46
5Y Beta	1.12	-0.03
Industry	Oil & Gas E&p	Utilities - Regulated Electric
P/E Ratio	56.82	20.11
Forward P/E	37.74	22.47
PEG Ratio	6.04	1.90
Dividend Yield	0.50%	4.39%
5Y Dividends CAGR	14.60%	7.87%
5Y EPS CAGR	22.97%	3.80%
Debt to Equity	0.00%	142.25%
Free Cash Flow Yield	1.93%	-4.77%
P/S Ratio	34.12	2.36
P/B Ratio	18.40	1.80

Market Cap

TPL

$29B

Winner

FTS

$29B

Max Drawdown

TPL

73.19%

Winner

FTS

34.36%

Sharpe Ratio

TPL

0.45

Winner

FTS

1.46

5Y Beta

TPL

1.12

Winner

FTS

-0.03

Industry

TPL

Oil & Gas E&p

FTS

Utilities - Regulated Electric

P/E Ratio

TPL

56.82

Winner

FTS

20.11

Forward P/E

TPL

37.74

Winner

FTS

22.47

PEG Ratio

TPL

6.04

Winner

FTS

1.90

Dividend Yield

TPL

0.50%

Winner

FTS

4.39%

5Y Dividends CAGR

Winner

TPL

14.60%

FTS

7.87%

5Y EPS CAGR

Winner

TPL

22.97%

FTS

3.80%

Debt to Equity

Winner

TPL

0.00%

FTS

142.25%

Free Cash Flow Yield

Winner

TPL

1.93%

FTS

-4.77%

P/S Ratio

TPL

34.12

Winner

FTS

2.36

P/B Ratio

TPL

18.40

Winner

FTS

1.80

TPL vs FTS - Historical Returns

Returns include dividend reinvestment.

Period	TPL	FTS
1 month	+9.81%	+5.86%
3 months	-8.19%	+2.90%
6 months	+37.04%	+13.56%
1 year	+14.68%	+27.40%
5 years(CAGR)	+19.55%	+9.80%
10 years(CAGR)	+37.19%	+9.82%
Max(CAGR)	+26.59%	+12.27%

Winner

TPL

+9.81%

FTS

+5.86%

TPL

-8.19%

Winner

FTS

+2.90%

Winner

TPL

+37.04%

FTS

+13.56%

TPL

+14.68%

Winner

FTS

+27.40%

5Y(CAGR)

Winner

TPL

+19.55%

FTS

+9.80%

10Y(CAGR)

Winner

TPL

+37.19%

FTS

+9.82%

Max(CAGR)

Winner

TPL

+26.59%

FTS

+12.27%

TPL vs FTS - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	TPL	FTS
2026	+37.04%	+13.56%
2025	-26.53%	+30.22%
2024	+111.03%	+5.99%
2023	-24.63%	+6.17%
2022	+87.38%	-12.70%
2021	+66.47%	+22.76%
2020	-3.94%	+2.27%
2019	+38.28%	+30.07%
2018	+18.27%	-5.13%
2017	+49.75%	+25.09%
2016	+138.36%	+23.55%
2015	+11.17%	N/A
2014	+18.83%	N/A
2013	+90.31%	N/A
2012	+33.10%	N/A
2011	+11.78%	N/A
2010	+26.11%	N/A
2009	+22.98%	N/A
2008	-46.50%	N/A
2007	+4.42%	N/A
2006	+49.63%	N/A
2005	+14.41%	N/A
2004	+146.62%	N/A
2003	+40.55%	N/A
2002	+12.25%	N/A
2001	+0.17%	N/A
2000	-5.51%	N/A
1999	-12.68%	N/A

TPL vs FTS Drawdown Comparison

The maximum drawdown for TPL was -73.05%, occurring on Mar 9, 2009. Recovery took 1223 trading sessions.

The maximum drawdown for FTS was -34.36%, occurring on Mar 23, 2020. Recovery took 271 trading sessions.

The current TPL drawdown is -28.68%. The current FTS drawdown is -0.43%.

Rank	TPL	FTS
#1	-73.05% Jun 29, 2007 - May 7, 2012	-34.36% Feb 18, 2020 - Mar 16, 2021
#2	-65.45% Apr 12, 2019 - Jan 12, 2021	-29.96% Apr 6, 2022 - Mar 31, 2025
#3	-53.88% Sep 4, 2014 - Sep 28, 2016	-16.05% Nov 24, 2017 - Mar 12, 2019
#4	-52.51% Nov 7, 2022 - Sep 18, 2024	-14.04% Jul 6, 2016 - Apr 12, 2017
#5	-52.22% Nov 22, 2024 - Dec 16, 2025	-13.81% Feb 4, 2016 - Mar 7, 2016
#6	-50.46% Oct 3, 2018 - Apr 10, 2019	-7.75% Jan 13, 2016 - Jan 22, 2016
#7	-42.65% May 7, 2021 - Jun 7, 2022	-7.63% Sep 26, 2019 - Jan 15, 2020
#8	-36.07% Jul 29, 2005 - Nov 27, 2006	-6.63% May 7, 2025 - Aug 1, 2025
#9	-26.00% Jul 5, 2000 - Feb 12, 2003	-6.49% Dec 31, 2021 - Mar 17, 2022
#10	-22.61% Nov 17, 1999 - Jul 3, 2000	-6.21% Mar 16, 2026 - Jun 26, 2026
#11	-19.48% Jan 17, 2017 - Jul 26, 2017	-6.13% Apr 3, 2025 - Apr 14, 2025
#12	-18.26% May 4, 2005 - Jul 11, 2005	-5.83% Sep 8, 2017 - Nov 6, 2017
#13	-17.99% Dec 31, 2004 - Feb 3, 2005	-5.77% Aug 16, 2021 - Dec 14, 2021
#14	-17.56% Oct 25, 2016 - Jan 4, 2017	-5.39% Jun 15, 2021 - Aug 16, 2021
#15	-17.22% Jun 7, 2022 - Jul 20, 2022	-4.76% Apr 17, 2017 - Jun 5, 2017

Correlation

Correlation between TPL and FTS is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2000 - 2026)

TPL vs FTS dividend yield comparison.

Year	TPL	FTS
2026	0.29%	1.61%
2025	0.74%	3.42%
2024	1.37%	4.62%
2023	0.83%	4.50%
2022	1.37%	4.48%
2021	0.88%	3.40%
2020	2.20%	3.54%
2019	0.22%	3.31%
2018	0.55%	3.35%
2017	0.30%	4.43%
2016	0.10%	4.94%
2015	0.22%	0.00%
2014	0.23%	0.00%
2013	0.27%	0.00%
2012	0.90%	0.00%
2011	1.23%	0.00%
2010	0.55%	0.00%
2009	0.63%	0.00%
2008	0.78%	0.00%
2007	0.36%	0.00%
2006	1.27%	0.00%
2005	0.37%	0.00%
2004	1.67%	0.00%
2003	1.34%	0.00%
2002	0.98%	0.00%
2001	1.09%	0.00%
2000	1.12%	0.00%