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Texas Pacific Land TPL LRM — Net Income

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$41.98M+19.6%

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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$27.3B+12.0%
Enterprise value$27.07B
P/E54.2×+1.4×
P/S32.5×-0.3×

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:NetIncomeLoss.

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 — net income?
Texas Pacific Land (TPL) reported LRM — net income of $100.92M in Q1 2026.
How has Texas Pacific Land's LRM — net income changed year-over-year?
Texas Pacific Land's LRM — net income increased by 18.0% year-over-year, from $85.54M to $100.92M.
What is the long-term trend for Texas Pacific Land's LRM — net income?
Over 4 years (2021 to 2025), Texas Pacific Land's LRM — net income has grown at a 11.5% compound annual growth rate (CAGR), from $208.9M to $322.42M.
What does LRM — net income mean?
This metric measures the bottom-line profitability of the Land and Resource Management segment after all associated operating expenses, taxes, and allocated costs have been deducted. It serves as the primary indicator of the segment's net contribution to the overall corporate earnings.