Texas Pacific Land Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	144.81	369.84	725.17	510.83	428.24
Cash & Short-Term Investments	144.81	369.84	725.17	510.83	428.24
Cash Growth	-60.85%	-49.00%	41.96%	19.29%	52.37%
Receivables	164.91	126.67	128.97	103.98	95.22
Prepaid Expenses	5.3	5.32	2.94	7.43	3.05
Other Current Assets	4.31	1.55	5.38	11.16	-
Total Current Assets	319.32	503.37	862.46	633.4	526.51
Property, Plant & Equipment	178.22	123.74	91.45	88	81.55
Long-Term Investments	890.02	432.4	46.61	45.03	44.39
Other Intangible Assets	32.85	35.19	21.03	-	-
Other Long-Term Assets	202.87	153.32	134.85	111	111.61
Total Assets	1,623	1,248	1,156	877.43	764.06
Accounts Payable	37.97	26.96	22.5	23.44	17.91
Accrued Expenses	8.91	8.42	10.76	8.5	0.1
Current Portion of Leases	1.61	-	-	-	-
Current Income Taxes Payable	4.01	4.39	4.8	3.17	29.08
Current Unearned Revenue	20.11	6.8	6.33	4.49	3.81
Total Current Liabilities	72.6	46.56	44.39	39.6	50.9
Long-Term Leases	16.18	0.45	1.17	1.96	1.45
Long-Term Unearned Revenue	21.07	20.64	25.01	21.71	20.45
Long-Term Deferred Tax Liabilities	54.11	47.4	42.37	41.15	38.95
Other Long-Term Liabilities	0.41	0.5	0.27	0.13	0.61
Total Liabilities	164.37	115.56	113.2	104.54	112.35
Common Stock	0.69	0.23	0.08	0.08	0.08
Additional Paid-In Capital	9.91	19.9	14.61	8.29	0.03
Retained Earnings	1,595	1,278	1,172	866.14	668.03
Treasury Stock	-151.24	-168.84	-145	-104.14	-15.42
Comprehensive Income & Other	4.15	3.58	1.83	2.52	-1.01
Shareholders' Equity	1,459	1,132	1,043	772.89	651.71
Total Liabilities & Equity	1,623	1,248	1,156	877.43	764.06
Total Debt	17.79	0.45	1.17	1.96	1.45
Net Cash (Debt)	127.02	369.38	724	508.88	426.8
Net Cash Growth	-65.61%	-48.98%	42.27%	19.23%	52.96%
Net Cash Per Share	1.84	5.35	10.47	7.32	6.12
Filing Date Shares Outstanding	68.94	68.95	69.02	69.26	69.71
Total Common Shares Outstanding	68.94	68.92	69.02	69.26	69.7
Working Capital	246.72	456.81	818.08	593.81	475.61
Book Value Per Share	21.16	16.43	15.11	11.16	9.35
Tangible Book Value	1,426	1,097	1,022	772.89	651.71
Tangible Book Value Per Share	20.69	15.92	14.81	11.16	9.35
Machinery	12.09	9.93	9.8	9.72	9.07

Source: S&P Global Market Intelligence. Standard template. Financial Sources.