What does LRM — water service-related expenses mean?

Captures the direct operational costs associated with water-related activities managed within the Land and Resource Management segment. This includes expenses related to water sourcing, treatment, and distribution infrastructure maintenance. It highlights the specific cost burden of water operations on the broader land management portfolio.

Texas Pacific Land TPL LRM — Water service-related expenses

Other segment segments

WSO

$14.29M+28.4%

Similar metrics at other companies

CDZIWater And Land Resources — General And Administrative Expense

$5.74M-22.3%

CDZIWater And Land Resources — Total Costs & Expenses

$6.4M-21.9%

CDZIWater And Land Resources — Cost of Goods Sold

$282K-43.5%

BOCLMH — Labor And Related Expense

$2.23M+0.2%

WAT

WATWaters Analytical And Materials Sciences — Labor And Related Expense

$159M+109%

MSEXRegulated — Consolidated Other Operations and Maintenance Expenses

$18.99M+8.5%

Other financials

Income statement

See full

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

See full

Cash & equivalents$248.2M-46.5%

Total debt$18.0M—

Total equity$1.6B+29.0%

Total assets$1.8B+29.4%

Cash flow

See full

Operating cash flow$162.0M+3.4%

CapEx$426.0K—

Free cash flow$90.2M—

Valuation

See full

Market cap$27.3B+26.7%

Enterprise value$27.07B—

P/E54.2×+7.5×

P/S32.5×+3.5×

Profitability

See full

Operating margin74.4%-1.6pp

Net margin60%-3.2pp

FCF margin58.6%—

Returns & leverage

See full

Return on equity36.5%-3.1pp

Debt / equity0×—

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:WaterProductionCosts.

The official record: Texas Pacific Land’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about Texas Pacific Land's lrm — water service-related expenses.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Texas Pacific Land's LRM — water service-related expenses?: Texas Pacific Land (TPL) reported LRM — water service-related expenses of $0 in Q1 2026.
What does LRM — water service-related expenses mean?: Captures the direct operational costs associated with water-related activities managed within the Land and Resource Management segment. This includes expenses related to water sourcing, treatment, and distribution infrastructure maintenance. It highlights the specific cost burden of water operations on the broader land management portfolio.