Business Segments · Operating Income

LRM — Operating Income

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.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026
Rolls up toOperating Income

How to read this metric

Higher operating income indicates strong performance, effective cost management, and high demand for the segment's land and resource assets.

Detailed definition

Calculated as total segment revenue minus total operating expenses, representing the core profitability of the Land and...

Peer comparison

Standard profitability metric used to compare segment performance across the energy and real estate sectors.

Metric ID: tpl_segment_lrm_operating_income

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$83.13M$128.78M
CAGR+2.9%
Avg YoY Growth-1.9%
Median YoY Growth+1.3%

Frequently Asked Questions

What is Texas Pacific Land's lrm — operating income?
Texas Pacific Land (TPL) reported lrm — operating income of $128.78M in Q1 2026.
How has Texas Pacific Land's lrm — operating income changed year-over-year?
Texas Pacific Land's lrm — operating income increased by 21.5% year-over-year, from $105.99M to $128.78M.
What is the long-term trend for Texas Pacific Land's lrm — operating income?
Over 3 years (2022 to 2025), Texas Pacific Land's lrm — operating income has grown at a -4.9% compound annual growth rate (CAGR), from $458.86M to $394.41M.
What does lrm — operating income mean?
Profit generated by the land management segment from its core business activities.