Texas Pacific Land (TPL) Cash from Operations (2020 - 2026)
Texas Pacific Land's (TPL) quarterly Cash from Operations came in at $172.9 million in Q2 2026, up 42.98% year-over-year from $120.9 million in Q2 2025, and up 6.7% quarter-over-quarter from $162.0 million in Q1 2026.
Analysis
Texas Pacific Land (TPL) Cash from Operations (2020 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has reported Cash from Operations for 7 consecutive years, with $172.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cash from Operations rose 42.98% year-over-year to $172.9 million in Q2 2026; TTM through Jun 2026 was $603.2 million, a 15.38% increase from a year earlier, with the FY2025 full-year figure at $545.9 million, up 11.26% from the prior year.
- Cash from Operations was $172.9 million for Q2 2026 at Texas Pacific Land, up from $162.0 million in the prior quarter.
- Over five years, Cash from Operations peaked at $172.9 million in Q2 2026 and troughed at $84.5 million in Q2 2023.
- A 5-year average of $124.3 million and a median of $118.9 million in 2022 frame the typical range for Cash from Operations.
- Across the five-year window, Cash from Operations soared 105.65% in 2022 and decreased 15.9% in 2023, its largest moves.
- Over 5 years, Cash from Operations stood at $132.5 million in 2022, then decreased by 15.9% to $111.4 million in 2023, then climbed by 13.59% to $126.6 million in 2024, then slipped by 10.19% to $113.7 million in 2025, then surged by 52.07% to $172.9 million in 2026.
- The last three Cash from Operations figures came in at $172.9 million (Q2 2026), $162.0 million (Q1 2026), and $113.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 24.33 Bn | 24.08 Bn | - | 172.86 Mn |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | - |
| 3 | LandBridge | 6.60 Bn | 7.04 Bn | 65.51 Mn | 41.37 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.98 Bn | 6.13 Bn | - | 71.06 Mn |
| 5 | Opendoor Technologies | 2.48 Bn | 1.58 Bn | 86.00 Mn | -718.00 Mn |
| 6 | Frp Holdings | 403.74 Mn | 403.74 Mn | - | - |
| 7 | American Realty Investors | 263.12 Mn | 458.12 Mn | - | -2.40 Mn |
| 8 | Belpointe PREP | 179.07 Mn | 179.07 Mn | - | - |
| 9 | Star Holdings | 109.70 Mn | 76.15 Mn | 5.31 Mn | -2.83 Mn |
| 10 | Logistic Properties of the Americas | 99.60 Mn | 168.19 Mn | - | 7.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 172.86 Mn |
| Mar 31, 2026 | 162.01 Mn |
| Dec 31, 2025 | 113.67 Mn |
| Sep 30, 2025 | 154.61 Mn |
| Jun 30, 2025 | 120.90 Mn |
| Mar 31, 2025 | 156.73 Mn |
| Dec 31, 2024 | 126.58 Mn |
| Sep 30, 2024 | 118.56 Mn |
| Jun 30, 2024 | 98.29 Mn |
| Mar 31, 2024 | 147.24 Mn |
| Dec 31, 2023 | 111.43 Mn |
| Sep 30, 2023 | 107.59 Mn |
| Jun 30, 2023 | 84.49 Mn |
| Mar 31, 2023 | 114.78 Mn |
| Dec 31, 2022 | 132.50 Mn |
| Sep 30, 2022 | 119.24 Mn |
| Jun 30, 2022 | 87.67 Mn |
| Mar 31, 2022 | 107.74 Mn |
| Dec 31, 2021 | 90.65 Mn |
| Sep 30, 2021 | 78.02 Mn |