Texas Pacific Land (TPL) Accumulated Expenses (2020 - 2026)
Texas Pacific Land (TPL) posted Accumulated Expenses of $104,000 for Q2 2026, down 83.9% from $646,000 a year earlier but up 40.5% from the prior quarter.
Texas Pacific Land (TPL) Accumulated Expenses (2020 - 2026) Analysis & Trends
At the end of FY2025, Texas Pacific Land's Accumulated Expenses came in at $413,000, down 18.1% from FY2024.
- Annual Accumulated Expenses shows a five-year compound annual growth rate of -28.1% (FY2020 to FY2025).
- In prior years, Texas Pacific Land's Accumulated Expenses was $504,000 in FY2024 (+83.9%), $274,000 in FY2023 (+109.2%), $131,000 in FY2022 (-78.6%) and $611,000 in FY2021 (-71.6%).
- Quarterly Accumulated Expenses has run from a low of $74,000 in Q1 2026 to a high of $4.66 million in Q3 2022 over five years.
- On a year-over-year basis, Accumulated Expenses has declined in each of the last six quarters, with an average decline of 34.3% over the last eight quarters.
- The strongest year-over-year quarter for Accumulated Expenses in the past five years was Q4 2023, with growth of 109.2%; the weakest was Q1 2026, with a decline of 89.1%.
- According to Business Quant data, Accumulated Expenses for the three prior quarters was $74,000 (Q1 2026), $413,000 (Q4 2025) and $372,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 24.04 Bn | 22.87 Bn | - |
| 2 | St Joe | 3.85 Bn | 3.34 Bn | 73.42 Mn |
| 3 | Millrose Properties | 3.66 Bn | 3.30 Bn | - |
| 4 | LandBridge | 2.24 Bn | 2.11 Bn | 65.71 Mn |
| 5 | Opendoor Technologies | 1.94 Bn | -1.88 Bn | 86.00 Mn |
| 6 | Forestar | 1.31 Bn | -36.39 Mn | 84.10 Mn |
| 7 | Five Point Holdings | 653.72 Mn | 682.48 Mn | -23.72 Mn |
| 8 | Tejon Ranch | 447.47 Mn | 382.45 Mn | - |
| 9 | Nam Tai Property | 260.36 Mn | 78.98 Mn | - |
| 10 | Global Asset Management | 215.67 Mn | 213.36 Mn | 236,261.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 104,000.00 |
| Mar 31, 2026 | 74,000.00 |
| Dec 31, 2025 | 413,000.00 |
| Sep 30, 2025 | 372,000.00 |
| Jun 30, 2025 | 646,000.00 |
| Mar 31, 2025 | 678,000.00 |
| Dec 31, 2024 | 504,000.00 |
| Sep 30, 2024 | 953,000.00 |
| Jun 30, 2024 | 887,000.00 |
| Mar 31, 2024 | 1.10 Mn |
| Dec 31, 2023 | 274,000.00 |
| Sep 30, 2023 | 1.61 Mn |
| Jun 30, 2023 | 1.77 Mn |
| Mar 31, 2023 | 1.92 Mn |
| Dec 31, 2022 | 131,000.00 |
| Sep 30, 2022 | 4.66 Mn |
| Jun 30, 2022 | 3.16 Mn |
| Mar 31, 2022 | 2.57 Mn |
| Dec 31, 2021 | 611,000.00 |
| Sep 30, 2021 | 4.38 Mn |
Texas Pacific Land Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=TPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "TPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();