LRM — Total Operating Expenses
Texas Pacific Land LRM — Total Operating Expenses decreased by 18.1% to $24.78M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.3%, from $20.60M to $24.78M. Over 3 years (FY 2022 to FY 2025), LRM — Total Operating Expenses shows an upward trend with a 26.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue indicates margin compression, while a decrease relative to revenue indicates improved operational efficiency and profitability.
Detailed definition
The sum of all direct and indirect costs incurred to operate the Land and Resource Management segment, including labor,...
Peer comparison
Standard operating expense metric used to compare the cost-to-income ratio across peer companies.
tpl_segment_lrm_total_operating_expensesHistorical 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 | $12.03M | $12.03M | $12.03M | $12.03M | $17.87M | $17.87M | $17.87M | $17.87M | $16.19M | $12.73M | $21.87M | $20.47M | $20.60M | $21.67M | $23.80M | $30.25M | $24.78M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +48.6% | +0.0% | +0.0% | +0.0% | -9.4% | -21.4% | +71.8% | -6.4% | +0.6% | +5.2% | +9.8% | +27.1% | -18.1% |
| YoY Change | — | — | — | — | +48.6% | +48.6% | +48.6% | +48.6% | -9.4% | -28.8% | +22.4% | +14.6% | +27.2% | +70.3% | +8.8% | +47.8% | +20.3% |
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Frequently Asked Questions
- What is Texas Pacific Land's lrm — total operating expenses?
- Texas Pacific Land (TPL) reported lrm — total operating expenses of $24.78M in Q1 2026.
- How has Texas Pacific Land's lrm — total operating expenses changed year-over-year?
- Texas Pacific Land's lrm — total operating expenses increased by 20.3% year-over-year, from $20.60M to $24.78M.
- What is the long-term trend for Texas Pacific Land's lrm — total operating expenses?
- Over 3 years (2022 to 2025), Texas Pacific Land's lrm — total operating expenses has grown at a 26.0% compound annual growth rate (CAGR), from $48.11M to $96.32M.
- What does lrm — total operating expenses mean?
- The total cost of running the land and resource management business segment.