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Texas Pacific Land TPL LRM — Depreciation, depletion and amortization

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$4.85M+14.0%

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Other financials

Income statement

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Revenue$236.8M+20.8%
Operating income$182.3M+21.5%
Net income$142.9M+18.4%
EPS (diluted)$2.07+18.3%

Balance sheet

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Cash & equivalents$248.2M-46.5%
Total debt$18.0M
Total equity$1.6B+29.0%
Total assets$1.8B+29.4%

Cash flow

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Operating cash flow$162.0M+3.4%
CapEx$426.0K
Free cash flow$90.2M

Valuation

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Market cap$28.93B+28.9%
Enterprise value$28.7B
P/E57.4×+8.8×
P/S34.5×+4.3×

Profitability

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Operating margin74.4%-1.6pp
Net margin60%-3.2pp
FCF margin58.6%

Returns & leverage

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Return on equity36.5%-3.1pp
Debt / equity
Current ratio4.2×-3.6×

Where this comes from

Reported directly by Texas Pacific Land in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: Texas Pacific Land’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Texas Pacific Land's LRM — depreciation, depletion and amortization?
Texas Pacific Land (TPL) reported LRM — depreciation, depletion and amortization of $9.19M in Q1 2026.
How has Texas Pacific Land's LRM — depreciation, depletion and amortization changed year-over-year?
Texas Pacific Land's LRM — depreciation, depletion and amortization increased by 19.6% year-over-year, from $7.69M to $9.19M.
What is the long-term trend for Texas Pacific Land's LRM — depreciation, depletion and amortization?
Over 4 years (2021 to 2025), Texas Pacific Land's LRM — depreciation, depletion and amortization has grown at a 107.6% compound annual growth rate (CAGR), from $2.4M to $44.56M.
What does LRM — depreciation, depletion and amortization mean?
Represents the non-cash allocation of the cost of tangible and intangible assets over their useful lives within the Land and Resource Management segment. This includes the depletion of natural resource interests and depreciation of surface infrastructure. It reflects the capital intensity and asset aging profile of the segment.