Non-Current Assets

Property, plant and equipment at cost

Texas Pacific Land Property, plant and equipment at cost increased by 3.0% to $238.26M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 26.5%, from $188.29M to $238.26M. Over 5 years (FY 2020 to FY 2025), Property, plant and equipment at cost shows an upward trend with a 17.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ3 2025
Last reportedQ1 2026

How to read this metric

An increase reflects ongoing capital investment and expansion of the asset base, while a decrease suggests asset divestitures or retirements.

Detailed definition

This represents the total historical cost of all tangible long-lived assets, including land, buildings, machinery, and u...

Peer comparison

Large-scale utilities typically show high gross PPE values due to the capital-intensive nature of power generation and distribution.

Metric ID: non_current_assets_property_plant_and_equipment_gross

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$109.29M$114.41M$118.40M$120.61M$127.95M$129.51M$135.48M$139.21M$140.56M$145.80M$146.74M$152.40M$158.90M$185.89M$178.39M$188.29M$192.10M$205.91M$231.34M$238.26M
QoQ Change+4.7%+3.5%+1.9%+6.1%+1.2%+4.6%+2.8%+1.0%+3.7%+0.6%+3.9%+4.3%+17.0%-4.0%+5.6%+2.0%+7.2%+12.3%+3.0%
YoY Change+17.1%+13.2%+14.4%+15.4%+9.9%+12.6%+8.3%+9.5%+13.0%+27.5%+21.6%+23.6%+20.9%+10.8%+29.7%+26.5%
Range$109.29M$238.26M
CAGR+17.8%
Avg YoY Growth+17.1%
Median YoY Growth+14.9%
Current Streak5 quarters growth

Frequently Asked Questions

What is Texas Pacific Land's property, plant and equipment at cost?
Texas Pacific Land (TPL) reported property, plant and equipment at cost of $238.26M in Q1 2026.
How has Texas Pacific Land's property, plant and equipment at cost changed year-over-year?
Texas Pacific Land's property, plant and equipment at cost increased by 26.5% year-over-year, from $188.29M to $238.26M.
What is the long-term trend for Texas Pacific Land's property, plant and equipment at cost?
Over 5 years (2020 to 2025), Texas Pacific Land's property, plant and equipment at cost has grown at a 17.2% compound annual growth rate (CAGR), from $104.42M to $231.34M.
What does property, plant and equipment at cost mean?
The total original cost of all physical assets owned by the company before subtracting depreciation.