Texas Pacific Land (TPL) Free Cash Flow (2020 - 2026)
Texas Pacific Land's (TPL) quarterly Free Cash Flow came in at $70.0 million in Q2 2026, down 40.43% year-over-year from $117.6 million in Q2 2025, and down 54.71% quarter-over-quarter from $154.7 million in Q1 2026.
Analysis
Texas Pacific Land (TPL) Free Cash Flow (2020 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has reported Free Cash Flow for 7 consecutive years, with $70.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow fell 40.43% year-over-year to $70.0 million in Q2 2026; TTM through Jun 2026 was $445.7 million, a 8.92% decrease from a year earlier, with the FY2025 full-year figure at $486.4 million, up 5.51% from the prior year.
- Free Cash Flow was $70.0 million for Q2 2026 at Texas Pacific Land, down from $154.7 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $154.7 million in Q1 2026 and troughed at $65.9 million in Q2 2023.
- A 5-year average of $111.0 million and a median of $112.2 million in 2022 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow surged 105.91% in 2022 and tumbled 40.43% in 2026, its largest moves.
- Over 5 years, Free Cash Flow stood at $126.3 million in 2022, then retreated by 11.78% to $111.4 million in 2023, then rose by 1.71% to $113.3 million in 2024, then fell by 20.51% to $90.1 million in 2025, then fell by 22.25% to $70.0 million in 2026.
- The last three Free Cash Flow figures came in at $70.0 million (Q2 2026), $154.7 million (Q1 2026), and $90.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 24.33 Bn | 24.08 Bn | - | 70.05 Mn |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | - |
| 3 | LandBridge | 6.60 Bn | 7.04 Bn | 65.51 Mn | 40.24 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.98 Bn | 6.13 Bn | - | 161.96 Mn |
| 5 | Opendoor Technologies | 2.48 Bn | 1.58 Bn | 86.00 Mn | -723.00 Mn |
| 6 | Frp Holdings | 403.74 Mn | 403.74 Mn | - | - |
| 7 | American Realty Investors | 263.12 Mn | 458.12 Mn | - | -9.32 Mn |
| 8 | Belpointe PREP | 179.07 Mn | 179.07 Mn | - | - |
| 9 | Star Holdings | 109.70 Mn | 76.15 Mn | 5.31 Mn | -2.94 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 | 70.05 Mn |
| Mar 31, 2026 | 154.66 Mn |
| Dec 31, 2025 | 90.09 Mn |
| Sep 30, 2025 | 130.94 Mn |
| Jun 30, 2025 | 117.59 Mn |
| Mar 31, 2025 | 147.76 Mn |
| Dec 31, 2024 | 113.33 Mn |
| Sep 30, 2024 | 110.73 Mn |
| Jun 30, 2024 | 91.91 Mn |
| Mar 31, 2024 | 145.01 Mn |
| Dec 31, 2023 | 111.43 Mn |
| Sep 30, 2023 | 107.59 Mn |
| Jun 30, 2023 | 65.92 Mn |
| Mar 31, 2023 | 113.03 Mn |
| Dec 31, 2022 | 126.32 Mn |
| Sep 30, 2022 | 112.90 Mn |
| Jun 30, 2022 | 84.61 Mn |
| Mar 31, 2022 | 104.11 Mn |
| Dec 31, 2021 | 86.16 Mn |
| Sep 30, 2021 | 71.43 Mn |