Non-Current Liabilities

Operating Lease Liabilities (Total)

Texas Pacific Land Operating Lease Liabilities (Total) 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 (Total) shows an upward trend with a 44.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026

How to read this metric

An increase indicates expansion of the leased asset base, while a decrease suggests a reduction in lease commitments or the expiration of lease terms.

Detailed definition

This represents the total present value of future lease payments for operating leases, recognized as a liability on the...

Peer comparison

Standardized under modern accounting rules, allowing for direct comparison of lease-based financing across companies in the same sector.

Metric ID: operating_lease_liabilities_total

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 (total)?
Texas Pacific Land (TPL) reported operating lease liabilities (total) of $17.99M in Q1 2026.
What is the long-term trend for Texas Pacific Land's operating lease liabilities (total)?
Over 5 years (2020 to 2025), Texas Pacific Land's operating lease liabilities (total) has grown at a 44.8% compound annual growth rate (CAGR), from $2.80M to $17.80M.
What does operating lease liabilities (total) mean?
The total value of future payments the company is obligated to make for leased assets.