IDCC vs TPL
InterDigital, Inc. and Texas Pacific Land Corp., side by side — 8 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | IDCC | TPL |
|---|---|---|
| Revenue | $834.0M | $798.2M |
| Net income | $406.6M | $481.4M |
| Gross margin | · | · |
| Net margin | 48.8% | 60.3% |
| Return on equity | 41.5% | 37.2% |
| Diluted EPS | $11.80 | $6.97 |
| Dividend / share | $2.60 | $2.13 |
| Payout ratio | 14.9% | 30.7% |
| Free cash flow | $528.6M | $510.0M |
| Equity | $1.1B | $1.5B |
| Net debt / equity | −0.24× | · |
| Current ratio | 1.84× | 4.40× |
| Revenue CAGR 5y | 18.4% | 21.4% |
| Profit CAGR 5y | 55.4% | 22.3% |
IDCC and TPL book revenue within 15% of each other, and TPL keeps more of each dollar of revenue as profit (60.3% against 48.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
8 years side by side
| Fiscal year | IDCC | TPL |
|---|---|---|
| FY2025 | $834.0M | $798.2M |
| FY2024 | $868.5M | $705.8M |
| FY2023 | $549.6M | $631.6M |
| FY2022 | $457.8M | $667.4M |
| FY2021 | $425.4M | $451.0M |
| FY2020 | $359.0M | $302.6M |
| FY2019 | $318.9M | $490.5M |
| FY2018 | $307.4M | $300.2M |
Bottom line
| Fiscal year | IDCC | TPL |
|---|---|---|
| FY2025 | $406.6M | $481.4M |
| FY2024 | $358.6M | $454.0M |
| FY2023 | $214.1M | $405.6M |
| FY2022 | $93.7M | $446.4M |
| FY2021 | $55.3M | $270.0M |
| FY2020 | $44.8M | $176.0M |
| FY2019 | $20.9M | $318.7M |
| FY2018 | $65.0M | $209.7M |
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$35,825,000 | IDCC |
| FY2024 | +$162,693,000 | IDCC |
| FY2023 | −$82,007,000 | TPL |
| FY2022 | −$209,628,000 | TPL |
| FY2021 | −$25,549,000 | TPL |
| FY2020 | +$56,427,000 | IDCC |
| FY2019 | −$171,572,000 | TPL |
| FY2018 | +$7,184,000 | IDCC |
The higher-revenue side has changed between IDCC and TPL over this period. The gap has widened since the earliest year compared.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.
8 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −11.6 pp | TPL |
| FY2024 | −23.0 pp | TPL |
| FY2023 | −25.8 pp | TPL |
| FY2022 | −46.8 pp | TPL |
| FY2021 | −50.0 pp | TPL |
| FY2020 | −47.6 pp | TPL |
| FY2019 | −60.3 pp | TPL |
| FY2018 | −50.5 pp | TPL |
TPL has kept the higher net margin in every one of these 8 fiscal years.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
IDCC's net margin has been more volatile than TPL's over the 8 comparable fiscal years — 15.4 percentage points of standard deviation against 3.7.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
TPL led in net margin in every one of the 8 comparable fiscal years — a structural lead, not a recent swing.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TPL's return on equity has been more volatile than IDCC's over the 8 comparable fiscal years — 19.0 percentage points of standard deviation against 17.3.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between IDCC and TPL over these 8 fiscal years — IDCC led in 2 and TPL in 6.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.