Texas Pacific Land Corporation (TPL)

Texas Pacific Land Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	248.61	144.81	369.84	725.17	510.83	428.24
Cash & Short-Term Investments	248.61	144.81	369.84	725.17	510.83	428.24
Cash Growth	-54.29%	-60.85%	-49.00%	41.96%	19.29%	52.37%
Receivables	174.77	164.91	126.67	128.97	103.98	95.22
Prepaid Expenses	5.06	5.3	5.32	2.94	7.43	3.05
Other Current Assets	-	4.31	1.55	5.38	11.16	-
Total Current Assets	428.44	319.32	503.37	862.46	633.4	526.51
Property, Plant & Equipment	196.01	178.22	123.74	91.45	88	81.55
Long-Term Investments	870.37	890.02	432.4	46.61	45.03	44.39
Other Intangible Assets	31.68	32.85	35.19	21.03	-	-
Other Long-Term Assets	312.6	202.87	153.32	134.85	111	111.61
Total Assets	1,859	1,623	1,248	1,156	877.43	764.06

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	38.27	37.97	26.96	22.5	23.44	17.91
Accrued Expenses	5.43	8.91	8.42	10.76	8.5	0.1
Current Portion of Leases	2.5	1.61	-	-	-	-
Current Income Taxes Payable	28.93	4.01	4.39	4.8	3.17	29.08
Current Unearned Revenue	18.99	20.11	6.8	6.33	4.49	3.81
Total Current Liabilities	94.13	72.6	46.56	44.39	39.6	50.9
Long-Term Leases	15.51	16.18	0.45	1.17	1.96	1.45
Long-Term Unearned Revenue	18.04	21.07	20.64	25.01	21.71	20.45
Long-Term Deferred Tax Liabilities	59.3	54.11	47.4	42.37	41.15	38.95
Other Long-Term Liabilities	0.1	0.41	0.5	0.27	0.13	0.61
Total Liabilities	187.08	164.37	115.56	113.2	104.54	112.35

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.69	0.69	0.23	0.08	0.08	0.08
Additional Paid-In Capital	7.01	9.91	19.9	14.61	8.29	0.03
Retained Earnings	1,794	1,595	1,278	1,172	866.14	668.03
Treasury Stock	-132.67	-151.24	-168.84	-145	-104.14	-15.42
Comprehensive Income & Other	3.43	4.15	3.58	1.83	2.52	-1.01
Shareholders' Equity	1,672	1,459	1,132	1,043	772.89	651.71
Total Liabilities & Equity	1,859	1,623	1,248	1,156	877.43	764.06

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	18.02	17.79	0.45	1.17	1.96	1.45
Net Cash (Debt)	230.6	127.02	369.38	724	508.88	426.8
Net Cash Growth	-57.61%	-65.61%	-48.98%	42.27%	19.23%	52.96%
Net Cash Per Share	3.34	1.84	5.35	10.47	7.32	6.12
Filing Date Shares Outstanding	68.97	68.94	68.95	69.02	69.26	69.71
Total Common Shares Outstanding	68.97	68.94	68.92	69.02	69.26	69.7
Working Capital	334.32	246.72	456.81	818.08	593.81	475.61
Book Value Per Share	24.25	21.16	16.43	15.11	11.16	9.35
Tangible Book Value	1,641	1,426	1,097	1,022	772.89	651.71
Tangible Book Value Per Share	23.79	20.69	15.92	14.81	11.16	9.35
Machinery	12.41	12.09	9.93	9.8	9.72	9.07

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 21, 2026

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