Texas Pacific Land (TPL) Current Assets (2020 - 2026)
Texas Pacific Land (TPL) recorded Current Assets of $428.44 million in Q2 2026, down 35.8% from $667.5 million a year earlier and down 1.5% from the prior quarter.
Texas Pacific Land (TPL) Current Assets (2020 - 2026) Analysis & Trends
At the end of FY2025, Texas Pacific Land reported Current Assets of $319.32 million, down 36.6% from FY2024.
- Annual Current Assets has a five-year compound annual growth rate of -0.8% (FY2020 to FY2025).
- Across earlier years, Current Assets came in at $503.37 million in FY2024 (-41.6%), $862.46 million in FY2023 (+36.2%), $633.4 million in FY2022 (+20.3%) and $526.51 million in FY2021 (+58.3%).
- Quarterly Current Assets has ranged from $319.32 million in Q4 2025 to $1.02 billion in Q2 2024 over the past five years.
- On a year-over-year basis, Current Assets has declined for three consecutive quarters, with an average decline of 27.5% over the last eight quarters.
- Peak year-over-year performance for Current Assets in the last five years was growth of 64.7% in Q1 2022, against a decline of 41.6% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $435.09 million (Q1 2026), $319.32 million (Q4 2025) and $737.17 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 19.50 Bn | 18.48 Bn | - | 553.38 Mn |
| 2 | Howard Hughes Holdings | 5.01 Bn | -3.87 Bn | 435.75 Mn | - |
| 3 | Millrose Properties | 4.37 Bn | 4.19 Bn | - | - |
| 4 | St Joe | 4.19 Bn | 3.69 Bn | 80.65 Mn | - |
| 5 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.25 Bn | 2.09 Bn | - | 397.35 Mn |
| 6 | LandBridge | 1.85 Bn | 1.72 Bn | 65.71 Mn | 70.78 Mn |
| 7 | Opendoor Technologies | 1.32 Bn | -2.44 Bn | 38.00 Mn | 3.62 Bn |
| 8 | Forestar | 1.21 Bn | -136.16 Mn | 84.10 Mn | - |
| 9 | EagleRock Land | 553.94 Mn | 478.01 Mn | 35.42 Mn | 90.10 Mn |
| 10 | Tejon Ranch | 477.18 Mn | 409.05 Mn | - | 30.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 553.38 Mn |
| Jun 30, 2026 | 428.44 Mn |
| Mar 31, 2026 | 435.09 Mn |
| Dec 31, 2025 | 319.32 Mn |
| Sep 30, 2025 | 737.17 Mn |
| Jun 30, 2025 | 667.50 Mn |
| Mar 31, 2025 | 606.92 Mn |
| Dec 31, 2024 | 503.37 Mn |
| Sep 30, 2024 | 708.97 Mn |
| Jun 30, 2024 | 1.02 Bn |
| Mar 31, 2024 | 963.83 Mn |
| Dec 31, 2023 | 862.46 Mn |
| Sep 30, 2023 | 790.86 Mn |
| Jun 30, 2023 | 737.53 Mn |
| Mar 31, 2023 | 711.01 Mn |
| Dec 31, 2022 | 633.40 Mn |
| Sep 30, 2022 | 589.19 Mn |
| Jun 30, 2022 | 523.94 Mn |
| Mar 31, 2022 | 618.84 Mn |
| Dec 31, 2021 | 526.51 Mn |
Texas Pacific Land Current Assets 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=current-assets&ticker=TPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-assets", "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=current-assets&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();