TPL · XBRL financial data

Texas Pacific Land financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (TPL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	303	451	667	632	706	798
General and administrative	10	12	13	15	34	24
Operating income (loss)	217	362	562	486	539	592
Interest expense	—	—	—	0	0	1
Other income (expense)	—	0	(0)	2	2	0
Income tax expense (benefit)	44	93	122	112	125	129
Net income (loss)	176	270	446	406	454	481
Earnings per share, basic‡ USD per share	2.52	3.87	6.42	5.87	6.58	6.98
Earnings per share, diluted‡ USD per share	2.52	3.87	6.42	5.86	6.57	6.97
Weighted average shares, basic‡ millions of shares	70	70	69	69	69	69
Weighted average shares, diluted‡ millions of shares	70	70	70	69	69	69

‡ Per-share figures and share counts are adjusted for the 3-for-1 stock split (March 2024); filings made before it reported them unadjusted.
‡ Per-share figures and share counts are adjusted for the 3-for-1 stock split (December 2025); filings made before it reported them unadjusted.

Fiscal years (TPL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	281	428	511	725	370	145
Prepaid and other current assets	1	3	7	3	5	5
Total current assets	333	527	633	862	503	319
Property and equipment, net	79	80	85	90	123	165
Right-of-use asset	2	2	3	2	1	14
Total assets	572	764	877	1,156	1,248	1,623
Total current liabilities	21	51	40	44	47	73
Lease liability, non-current	2	1	2	1	0	16
Total liabilities	86	112	105	113	116	164
Retained earnings	488	668	866	1,172	1,278	1,595
Total stockholders' equity	485	652	773	1,043	1,132	1,459
Total liabilities and equity	572	764	877	1,156	1,248	1,623
Common shares outstanding (cover page)‡ millions of shares	70	70	69	69	69	69

‡ Per-share figures and share counts are adjusted for the 3-for-1 stock split (March 2024); filings made before it reported them unadjusted.
‡ Per-share figures and share counts are adjusted for the 3-for-1 stock split (December 2025); filings made before it reported them unadjusted.

Fiscal years (TPL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	176	270	446	406	454	481
Stock-based compensation	0	0	8	10	12	15
Depreciation and amortization	14	16	15	15	25	63
Net cash from operating activities	207	265	447	418	491	546
Purchases of property and equipment	5	16	19	—	—	—
Net cash from investing activities	(26)	(15)	(21)	(60)	(472)	(596)
Share repurchases	0	20	88	43	29	8
Dividends paid	202	85	247	100	347	148
Net cash from financing activities	(202)	(105)	(337)	(145)	(378)	(176)
Net change in cash	(21)	145	89	213	(359)	(226)

SIC 6792 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6792 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Texas Pacific Land	370	273	192*	69.0M	Q3 FY26 10-QSep 30, 2026
Janus Living	338	268	112*	not reported	Q3 FY26 10-QSep 30, 2026
Weyerhaeuser	349	1,862	193*	720.3M	Q3 FY26 10-QSep 30, 2026
Essex Property Trust	72	2.3	not reported	64.3M	Q3 FY26 10-QSep 30, 2026
Potlatchdeltic	89	314	66*	77.3M	Q3 FY25 10-QSep 30, 2025
Sba Communications	327	715	407*	106.1M	Q2 FY26 10-QJun 30, 2026
Sun Communities	699	558	155*	119.4M	Q3 FY26 10-QSep 30, 2026
Vivmark Residential	36	not reported	302*	374.9M	Q2 FY26 10-QJun 30, 2026
Empire State Realty OP	86	197	20*	not reported	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.