Income StatementBalance SheetCash FlowSegments
Texas Pacific Land logo

Texas Pacific Land Cash Flow Statement

Operating, investing, and financing cash movements

Texas Pacific Land generated $551.2M in operating cash flow over the trailing twelve months. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$551.2MNet Cash From Investing (TTM)-$591.7MNet Cash From Financing (TTM)-$175.1MDepreciation And Amortization Cf (TTM)$64.6MNet Change In Cash (TTM)-$215.6M
Latest FilingQ1 2026
Report Date2026-05-06
Market Cap$26.7B
P/E Ratio52.95
ROE36.47%

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Acquisitions, net of cash acquired$11.3M$0.0———$1.0M
Other Payments to Acquire Businesses—$0.0———$1.0M
Payments To Acquire Equipment And Other Acquisition Of Real Estate$13.2M$9.0M$3.3M$18.6M$28.7M$7.3M
Payments to Acquire Equity Method Investments$0.0$12.5M$12.5M$12.5M$12.5M—
Payments To Acquire Real Estate$450.0K$5.0K$4.5M$31.4M$0.0$0.0
Acquisition of royalty interests$275.2M$3.5M$0.0$0.0$450.7M$0.0
Net cash from investing activities-$246.0M-$12.5M-$3.9M-$121.2M-$458.2M-$8.4M
Purchases of equity securities$0.0$12.5M$12.5M$12.5M$12.5M—

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in prepaid taxes-$4.0M$0.0———-$3.7M
Amortization of debt issuance costs$0.0$52.8K$52.8K$52.8K$52.8K—
Change in deferred revenue-$975.8K$3.4M$3.4M$3.4M$3.4M—
Change in income taxes payable/receivable—$32.9M-$33.2M$5.7M-$5.9M$33.3M
Change in other assets$6.4M$11.3M-$19.5M$24.2M$36.9M$14.5M
Change in other liabilities$1.9M-$2.7M$693.0K$29.6M—-$5.3M
Other working capital changes—$0.0———$186.0K
Deferred income taxes-$2.4M-$788.0K-$541.0K-$3.8M-$1.5M-$3.6M
Depreciation and amortization$11.5M$11.9M$13.7M$15.0M$21.9M$14.0M
Net cash from operating activities$126.6M$156.7M$120.9M$154.6M$113.7M$162.0M
Net income$118.4M$120.7M$116.1M$121.2M$123.3M$142.9M
Amortization expense related to capitalized debt issuance costs$0.0$52.8K$52.8K$52.8K$52.8K—
Pension curtailment/settlement gains-$1.2M$0.0$0.0$0.0$0.0—
Gain (Loss) On Disposition Of Real Estate—$0.0———$20.9M
Ad valorem and other taxes payable-$585.8K$123.5K$123.5K$123.5K$123.5K—
Increase (Decrease) in Deferred Income Taxes-$2.4M-$788.0K-$541.0K-$3.8M-$1.5M-$3.6M
Increase (Decrease) in Other Operating Assets$6.4M$11.3M-$19.5M$24.2M$36.9M$14.5M
Stock-based compensation$3.5M$4.4M$3.5M$3.5M$3.8M$5.1M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Dividends paid$36.8M$37.4M$36.8M$36.8M$36.8M$41.8M
Payments Of Debt Issuance Costs$0.0$1.3M$1.3M$1.3M$1.3M—
Net cash from financing activities-$43.1M-$51.8M-$36.8M-$45.6M-$41.8M-$50.9M
Payment of debt issuance costs$0.0$1.3M$1.3M$1.3M$1.3M—
Repurchases of common stock$6.4M$100.0K$0.0$8.3M$0.0$0.0
Taxes paid for net share settlement$0.0$14.3M$51.0K$484.0K$0.0$9.1M

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income taxes paid$24.0M$0.0$65.5M$24.4M$37.1M$3.0K
Interest paid—$0.0———$650.0K
Income Taxes Paid, Net$24.0M$0.0$65.5M$24.4M$37.1M$3.0K

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net increase (decrease) in cash-$162.5M$92.4M$80.1M-$12.1M-$386.4M$102.8M
(Decrease) increase in accounts payable related to purchases of fixed assets—$942.0K———-$430.0K
Financing receivable from land sale—$0.0———$20.9M
Noncash Or Part Noncash Increase (Decrease) In Accrued Dividends On Unvested Stock Awards$182.5K-$478.0K$67.0K$25.0K—-$291.0K