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Texas Pacific Land TPL LRM — Salaries and related employee expenses

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$7.43M+3.6%

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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+26.7%
Enterprise value$27.07B
P/E54.2×+7.5×
P/S32.5×+3.5×

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:LaborAndRelatedExpense.

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 — salaries and related employee expenses?
Texas Pacific Land (TPL) reported LRM — salaries and related employee expenses of $7.56M in Q1 2026.
How has Texas Pacific Land's LRM — salaries and related employee expenses changed year-over-year?
Texas Pacific Land's LRM — salaries and related employee expenses increased by 2.1% year-over-year, from $7.4M to $7.56M.
What is the long-term trend for Texas Pacific Land's LRM — salaries and related employee expenses?
Over 3 years (2022 to 2025), Texas Pacific Land's LRM — salaries and related employee expenses has grown at a 9.8% compound annual growth rate (CAGR), from $22.05M to $29.18M.
What does LRM — salaries and related employee expenses mean?
Includes all compensation, benefits, and payroll-related costs specifically attributable to personnel working within the Land and Resource Management segment. This metric captures the human capital investment required to manage land assets, royalty interests, and surface operations. It serves as a primary measure of the segment's fixed labor cost structure.