Texas Pacific Land Corporation (TPL)

Texas Pacific Land Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	543.93	369.84	725.17	510.83	428.24	281.05
Cash & Short-Term Investments	543.93	369.84	725.17	510.83	428.24	281.05
Cash Growth	-39.21%	-49.00%	41.96%	19.29%	52.37%	-7.44%
Receivables	114.31	126.67	128.97	103.98	95.22	48.22
Prepaid Expenses	9.26	5.32	2.94	7.43	3.05	1.29
Other Current Assets	-	1.55	5.38	11.16	-	1.98
Total Current Assets	667.5	503.37	862.46	633.4	526.51	332.53
Property, Plant & Equipment	127.95	123.74	91.45	88	81.55	81.74
Long-Term Investments	416.05	432.4	46.61	45.03	44.39	45.65
Other Intangible Assets	34.02	35.19	21.03	-	-	-
Other Long-Term Assets	159.15	153.32	134.85	111	111.61	111.72
Total Assets	1,405	1,248	1,156	877.43	764.06	571.64
Accounts Payable	26.99	26.16	22.5	23.44	17.91	13.33
Accrued Expenses	4.96	8.42	10.76	8.5	0.1	-
Current Portion of Leases	-	0.8	-	-	-	-
Current Income Taxes Payable	4.18	4.39	4.8	3.17	29.08	4.05
Current Unearned Revenue	9	6.8	6.33	4.49	3.81	4
Total Current Liabilities	45.13	46.56	44.39	39.6	50.9	21.38
Long-Term Leases	0.65	0.45	1.17	1.96	1.45	2.03
Long-Term Unearned Revenue	21.22	20.64	25.01	21.71	20.45	22.17
Long-Term Deferred Tax Liabilities	48.73	47.4	42.37	41.15	38.95	38.73
Other Long-Term Liabilities	-	0.5	0.27	0.13	0.61	2.15
Total Liabilities	115.72	115.56	113.2	104.54	112.35	86.45
Common Stock	0.23	0.23	0.08	0.08	0.08	487.88
Additional Paid-In Capital	5.43	19.9	14.61	8.29	0.03	-
Retained Earnings	1,425	1,278	1,172	866.14	668.03	-
Treasury Stock	-144.73	-168.84	-145	-104.14	-15.42	-
Comprehensive Income & Other	3.51	3.58	1.83	2.52	-1.01	-2.69
Shareholders' Equity	1,289	1,132	1,043	772.89	651.71	485.18
Total Liabilities & Equity	1,405	1,248	1,156	877.43	764.06	571.64
Total Debt	0.65	1.25	1.17	1.96	1.45	2.03
Net Cash (Debt)	543.28	368.59	724	508.88	426.8	279.02
Net Cash Growth	-39.22%	-49.09%	42.27%	19.23%	52.96%	-7.08%
Net Cash Per Share	23.61	16.01	31.40	21.95	18.35	11.99
Filing Date Shares Outstanding	22.99	22.98	23.01	23.09	23.24	23.27
Total Common Shares Outstanding	22.99	22.97	23.01	23.09	23.23	7.76
Working Capital	622.37	456.81	818.08	593.81	475.61	311.15
Book Value Per Share	56.07	49.30	45.34	33.48	28.05	62.55
Tangible Book Value	1,255	1,097	1,022	772.89	651.71	485.18
Tangible Book Value Per Share	54.59	47.77	44.43	33.48	28.05	62.55
Machinery	10.12	9.93	9.8	9.72	9.07	6.13

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q