Texas Pacific Land LRM — Operating Income increased by 54.9% to $128.78M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.5%, from $105.99M to $128.78M. Over 3 years (FY 2022 to FY 2025), LRM — Operating Income shows a downward trend with a -4.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Higher operating income indicates strong performance, effective cost management, and high demand for the segment's land and resource assets.
Calculated as total segment revenue minus total operating expenses, representing the core profitability of the Land and...
Standard profitability metric used to compare segment performance across the energy and real estate sectors.
tpl_segment_lrm_operating_income| 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 | $114.72M | $114.72M | $114.72M | $114.72M | $90.16M | $90.16M | $90.16M | $90.16M | $95.30M | $91.31M | $84.78M | $98.16M | $105.99M | $106.82M | $98.47M | $83.13M | $128.78M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -21.4% | +0.0% | +0.0% | +0.0% | +5.7% | -4.2% | -7.1% | +15.8% | +8.0% | +0.8% | -7.8% | -15.6% | +54.9% |
| YoY Change | — | — | — | — | -21.4% | -21.4% | -21.4% | -21.4% | +5.7% | +1.3% | -6.0% | +8.9% | +11.2% | +17.0% | +16.1% | -15.3% | +21.5% |