LRM — Pre-Tax Income
Texas Pacific Land LRM — Pre-Tax Income increased by 52.2% to $129.57M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.4%, from $109.40M to $129.57M. Over 3 years (FY 2022 to FY 2025), LRM — Pre-Tax Income shows a downward trend with a -4.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates improved operational efficiency or higher royalty and land lease revenues within the segment, while a decrease suggests rising operating costs or declining land-based income.
Detailed definition
This metric represents the pre-tax profitability generated specifically by the Land and Resource Management business seg...
Peer comparison
Commonly reported by natural resource and land-holding companies as segment-level operating profit.
tpl_segment_lrm_income_before_income_taxesHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $116.34M | $116.34M | $116.34M | $116.34M | $97.75M | $97.75M | $97.75M | $97.75M | $103.23M | $102.32M | $91.23M | $104.47M | $109.40M | $110.98M | $103.30M | $85.11M | $129.57M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -16.0% | +0.0% | +0.0% | +0.0% | +5.6% | -0.9% | -10.8% | +14.5% | +4.7% | +1.4% | -6.9% | -17.6% | +52.2% |
| YoY Change | — | — | — | — | -16.0% | -16.0% | -16.0% | -16.0% | +5.6% | +4.7% | -6.7% | +6.9% | +6.0% | +8.5% | +13.2% | -18.5% | +18.4% |
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Frequently Asked Questions
- What is Texas Pacific Land's lrm — pre-tax income?
- Texas Pacific Land (TPL) reported lrm — pre-tax income of $129.57M in Q1 2026.
- How has Texas Pacific Land's lrm — pre-tax income changed year-over-year?
- Texas Pacific Land's lrm — pre-tax income increased by 18.4% year-over-year, from $109.40M to $129.57M.
- What is the long-term trend for Texas Pacific Land's lrm — pre-tax income?
- Over 3 years (2022 to 2025), Texas Pacific Land's lrm — pre-tax income has grown at a -4.2% compound annual growth rate (CAGR), from $465.35M to $408.79M.
- What does lrm — pre-tax income mean?
- The total profit earned by the land management segment before paying income taxes.