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Texas Pacific Land TPL West Texas — Area of land (in acres)

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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$28.7B+19.3%
Enterprise value$28.47B
P/E57×+4.9×
P/S34.2×+1.8×

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:AreaOfLand.

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 west texas — area of land (in acres)?
Texas Pacific Land (TPL) reported west texas — area of land (in acres) of $881K in Q1 2026.
How has Texas Pacific Land's west texas — area of land (in acres) changed year-over-year?
Texas Pacific Land's west texas — area of land (in acres) increased by 0.9% year-over-year, from $873K to $881K.
What is the long-term trend for Texas Pacific Land's west texas — area of land (in acres)?
Over 4 years (2021 to 2025), Texas Pacific Land's west texas — area of land (in acres) has grown at a -0.1% compound annual growth rate (CAGR), from $3.52M to $3.51M.
What does west texas — area of land (in acres) mean?
This metric represents the total surface acreage owned by the company within the West Texas region. It serves as the primary asset base for the company's land and resource management operations, including oil and gas royalty interests and surface use agreements. Monitoring this figure provides insight into the scale of the company's geographic footprint and its potential for long-term resource monetization.