Non-Current Liabilities

Operating Lease Liabilities

Texas Pacific Land Operating Lease Liabilities decreased by 2.0% to $15.84M in Q1 2026 compared to the prior quarter. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows an upward trend with a 51.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026

How to read this metric

An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.

Detailed definition

This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...

Peer comparison

Standard long-term liability for companies with significant real estate or equipment footprints.

Metric ID: operating_lease_liabilities_non_current

Historical Data

7 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q3 '25Q4 '25Q1 '26
Value$1.45M$1.96M$1.17M$453.00K$16.51M$16.18M$15.84M
QoQ Change+35.3%-40.2%-61.3%>999%-2.0%-2.0%
YoY Change+35.3%-40.2%-61.3%>999%
Range$453.00K$16.51M
CAGR+393.6%
Avg YoY Growth+851.1%
Median YoY Growth-2.4%
Current Streak2 quarters decline

Frequently Asked Questions

What is Texas Pacific Land's operating lease liabilities?
Texas Pacific Land (TPL) reported operating lease liabilities of $15.84M in Q1 2026.
What is the long-term trend for Texas Pacific Land's operating lease liabilities?
Over 5 years (2020 to 2025), Texas Pacific Land's operating lease liabilities has grown at a 51.5% compound annual growth rate (CAGR), from $2.03M to $16.18M.
What does operating lease liabilities mean?
The amount of lease payments due after one year.