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Texas Pacific Land TPL WSO — General and administrative expenses

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$5.5M+65.9%

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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:GeneralAndAdministrativeExpense.

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 WSO — general and administrative expenses?
Texas Pacific Land (TPL) reported WSO — general and administrative expenses of $3.14M in Q1 2026.
How has Texas Pacific Land's WSO — general and administrative expenses changed year-over-year?
Texas Pacific Land's WSO — general and administrative expenses increased by 13.7% year-over-year, from $2.76M to $3.14M.
What is the long-term trend for Texas Pacific Land's WSO — general and administrative expenses?
Over 3 years (2022 to 2025), Texas Pacific Land's WSO — general and administrative expenses has grown at a 10.2% compound annual growth rate (CAGR), from $7.04M to $9.42M.
What does WSO — general and administrative expenses mean?
Encompasses the overhead costs allocated to the Water Services and Operations segment, including management, office support, and administrative functions. These costs are necessary to support the segment's operations but are not directly tied to specific service delivery. It provides insight into the segment's administrative burden and scalability.