Texas Pacific Land Corporation (TPL)

Texas Pacific Land Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	453.96	405.65	446.36	269.98	176.05
Depreciation & Amortization	25.16	14.76	15.38	16.26	14.4
Loss (Gain) From Sale of Assets	-	-	-	-	-1.42
Stock-Based Compensation	12.5	10.34	8.43	0.03	-
Other Operating Activities	-0.01	1.4	1.26	0.22	-2.1
Change in Accounts Receivable	-0.61	-24.46	-13.83	-47.6	18.83
Change in Unearned Revenue	-3.9	5.14	1.94	-1.91	8.79
Change in Income Taxes	-0.41	6.44	-30.73	25.03	-1.22
Change in Other Net Operating Assets	3.98	-0.98	18.34	3.16	-6.29
Operating Cash Flow	490.67	418.29	447.15	265.16	207.04
Operating Cash Flow Growth	17.30%	-6.45%	68.63%	28.08%	-39.60%
Capital Expenditures	-29.7	-15.03	-19.21	-15.55	-5.09
Sale of Property, Plant & Equipment	-	0.01	0.11	1.09	-
Cash Acquisitions	-45	-	-	-	-
Sale (Purchase) of Intangibles	-395.58	-24.97	-1.66	-	-16.95
Investing Cash Flow	-471.75	-60.31	-21.4	-15	-26
Repurchase of Common Stock	-30.78	-44.64	-89.53	-19.68	-
Common Dividends Paid	-117.48	-99.97	-247.28	-85.26	-77.56
Financing Cash Flow	-378.09	-144.61	-336.81	-104.95	-201.66
Net Cash Flow	-359.17	213.37	88.94	145.22	-20.62
Free Cash Flow	460.98	403.26	427.94	249.62	201.95
Free Cash Flow Growth	14.31%	-5.77%	71.44%	23.60%	-34.98%
Free Cash Flow Margin	65.31%	63.85%	64.12%	55.35%	66.75%
Free Cash Flow Per Share	20.03	17.49	18.46	10.73	8.68
Cash Income Tax Paid	120.67	104.08	151.96	68.22	46.62
Levered Free Cash Flow	-42.27	279.27	319	210.04	136.69
Unlevered Free Cash Flow	-42.27	279.27	319	210.04	136.69
Change in Net Working Capital	-5.14	9.94	35.6	17.26	-8.42

Source: S&P Capital IQ. Standard template. Financial Sources.