Current Liabilities

Operating Lease Liabilities (Current)

Texas Pacific Land Operating Lease Liabilities (Current) increased by 1.1% to $17.99M in Q1 2026 compared to the prior quarter. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Current) shows an upward trend with a 44.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026

How to read this metric

An increase indicates higher near-term cash outflows for leases, potentially pressuring short-term liquidity.

Detailed definition

This represents the portion of total operating lease obligations that are due to be paid within the next twelve months....

Peer comparison

Commonly reported by all companies with significant lease portfolios.

Metric ID: operating_lease_liabilities_current

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q4 '22Q4 '23Q4 '24Q3 '25Q4 '25Q1 '26
Value$2.47M$2.29M$2.10M$2.79M$2.02M$1.30M$17.67M$17.80M$17.99M
QoQ Change-7.0%-8.4%+32.8%-27.4%-35.8%>999%+0.7%+1.1%
YoY Change+32.8%-27.4%-35.8%>999%
Range$1.30M$17.99M
CAGR+170.1%
Avg YoY Growth+309.7%
Median YoY Growth+2.7%
Current Streak3 quarters growth

Frequently Asked Questions

What is Texas Pacific Land's operating lease liabilities (current)?
Texas Pacific Land (TPL) reported operating lease liabilities (current) of $17.99M in Q1 2026.
What is the long-term trend for Texas Pacific Land's operating lease liabilities (current)?
Over 5 years (2020 to 2025), Texas Pacific Land's operating lease liabilities (current) has grown at a 44.8% compound annual growth rate (CAGR), from $2.80M to $17.80M.
What does operating lease liabilities (current) mean?
The amount of lease payments due within one year.