Texas Pacific Land (TPL) Capital Expenditures (2020 - 2026)
Texas Pacific Land (TPL) posted Capital Expenditures of $21.85 million for Q2 2026, up 560.0% from $3.31 million a year earlier and up 197.4% from the prior quarter.
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Analysis
Texas Pacific Land (TPL) Capital Expenditures (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Texas Pacific Land was $76.46 million, up 129.2% year-over-year; for FY2025, it was $59.53 million, up 100.5% from FY2024.
- Annual Capital Expenditures shows a five-year compound annual growth rate of 63.6% (FY2020 to FY2025).
- In prior years, Texas Pacific Land's Capital Expenditures was $29.7 million in FY2024 (+97.6%), $15.03 million in FY2023 (-21.8%), $19.21 million in FY2022 (+23.6%) and $15.55 million in FY2021 (+205.7%).
- Quarterly Capital Expenditures has run from a low of $1.75 million in Q1 2023 to a high of $28.65 million in Q4 2025 over five years.
- On a year-over-year basis, Capital Expenditures increased in six of the last eight quarters, with growth averaging 162.9%.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q2 2026, with growth of 560.0%; the weakest was Q1 2023, with a decline of 51.7%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $7.35 million (Q1 2026), $28.65 million (Q4 2025) and $18.6 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.67 Bn | 21.49 Bn | - | 21.85 Mn |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | - |
| 3 | LandBridge | 6.19 Bn | 6.54 Bn | 65.71 Mn | 1.13 Mn |
| 4 | Millrose Properties | 4.09 Bn | 4.09 Bn | - | - |
| 5 | St Joe | 3.77 Bn | 3.27 Bn | 73.42 Mn | 977,000.00 |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | -800,000.00 |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | 5.00 Mn |
| 8 | Forestar | 1.33 Bn | -18.53 Mn | 84.10 Mn | - |
| 9 | Five Point Holdings | 699.67 Mn | 728.44 Mn | -23.72 Mn | 176,000.00 |
| 10 | Tejon Ranch | 441.80 Mn | 376.78 Mn | - | 8.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.85 Mn |
| Mar 31, 2026 | 7.35 Mn |
| Dec 31, 2025 | 28.65 Mn |
| Sep 30, 2025 | 18.60 Mn |
| Jun 30, 2025 | 3.31 Mn |
| Mar 31, 2025 | 8.97 Mn |
| Dec 31, 2024 | 13.25 Mn |
| Sep 30, 2024 | 7.83 Mn |
| Jun 30, 2024 | 6.38 Mn |
| Mar 31, 2024 | 2.24 Mn |
| Dec 31, 2023 | 4.40 Mn |
| Sep 30, 2023 | 5.09 Mn |
| Jun 30, 2023 | 3.79 Mn |
| Mar 31, 2023 | 1.75 Mn |
| Dec 31, 2022 | 6.19 Mn |
| Sep 30, 2022 | 6.34 Mn |
| Jun 30, 2022 | 3.06 Mn |
| Mar 31, 2022 | 3.62 Mn |
| Dec 31, 2021 | 4.49 Mn |
| Sep 30, 2021 | 6.60 Mn |
API Access
Texas Pacific Land Capital Expenditures 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=capital-expenditures&ticker=TPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();