Texas Pacific Land Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Net Income	503.63	481.38	453.96	405.65	446.36	269.98
Depreciation & Amortization	64.64	62.53	25.16	14.76	15.38	16.26
Stock-Based Compensation	15.8	15.13	12.5	10.34	8.43	0.03
Other Adjustments	-11.41	6.77	-0.01	1.4	1.26	0.22
Changes in Income Taxes Payable	-0.06	-4.1	-0.41	6.44	-30.73	25.03
Changes in Unearned Revenue	-	13.75	-3.9	5.14	1.94	-1.91
Changes in Other Operating Activities	1.06	-29.55	3.37	-25.43	4.5	-44.44
Operating Cash Flow	551.19	545.91	490.67	418.29	447.15	265.16
Operating Cash Flow Growth	10.20%	11.26%	17.30%	-6.45%	68.63%	28.07%
Capital Expenditures	-93.86	-95.48	-31.17	-35.35	-19.85	-16.08
Sale of Property, Plant & Equipment	-	-	-	0.01	0.11	1.09
Purchases of Intangible Assets	-450.7	-454.24	-395.58	-24.97	-1.66	-
Purchases of Investments	-	-50	-	-	-	-
Payments for Business Acquisitions	-	-	-45	-	-	-
Other Investing Activities	0.9	3.88	-	-	-	-
Investing Cash Flow	-591.72	-595.85	-471.75	-60.31	-21.4	-15
Repurchase of Common Stock	-17.88	-23.18	-30.78	-44.64	-89.53	-19.68
Net Common Stock Issued (Repurchased)	-17.88	-23.18	-30.78	-44.64	-89.53	-19.68
Common Dividends Paid	-152.16	-147.8	-347.31	-99.97	-247.28	-85.26
Other Financing Activities	-	-5.07	-	-	-	-
Financing Cash Flow	-175.1	-176.04	-378.09	-144.61	-336.81	-104.95
Net Cash Flow	-215.63	-225.98	-359.17	213.37	88.94	145.22
Free Cash Flow	457.33	450.43	459.5	382.94	427.3	249.08
Free Cash Flow Growth	1.53%	-1.97%	19.99%	-10.38%	71.55%	25.81%
FCF Margin	54.51%	56.43%	65.10%	60.63%	64.02%	55.23%
Free Cash Flow Per Share	6.63	6.53	6.65	5.54	6.14	3.57
Levered Free Cash Flow	475.4	428.53	447.01	371.2	417.61	248.83
Unlevered Free Cash Flow	463.53	414.2	415.89	346.5	412.47	248.37

SEC Filings: 10-K · 10-Q