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Texas Pacific Land TPL LRM — Total purchases of fixed assets

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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:SegmentExpenditureAdditionToLongLivedAssets.

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 — total purchases of fixed assets?
Texas Pacific Land (TPL) reported LRM — total purchases of fixed assets of $217K in Q1 2026.
How has Texas Pacific Land's LRM — total purchases of fixed assets changed year-over-year?
Texas Pacific Land's LRM — total purchases of fixed assets increased by 7133.3% year-over-year, from $3K to $217K.
What is the long-term trend for Texas Pacific Land's LRM — total purchases of fixed assets?
Over 4 years (2021 to 2025), Texas Pacific Land's LRM — total purchases of fixed assets has grown at a 21.7% compound annual growth rate (CAGR), from $4.69M to $10.28M.
What does LRM — total purchases of fixed assets mean?
This represents the cash outflows or capital commitments made by the Land and Resource Management segment to acquire or improve long-term tangible assets. These investments are typically directed toward land improvements, infrastructure, or equipment necessary to maintain or enhance the value of the land portfolio.