Texas Pacific Land (TPL) Intangibles (2023 - 2026)
Texas Pacific Land (TPL) reported Intangibles of $31.68 million for Q2 2026, down 6.9% from $34.02 million a year earlier and down 1.8% from the prior quarter.
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Analysis
Texas Pacific Land (TPL) Intangibles (2023 - 2026) Analysis & Trends
At the end of FY2025, Texas Pacific Land posted Intangibles of $32.85 million, down 6.7% from FY2024.
- By year, Intangibles came in at $35.19 million in FY2024 (+67.4%) and $21.03 million in FY2023.
- The Q2 2026 figure ranks as the lowest quarterly Intangibles since Q2 2024.
- Year over year, Intangibles has now declined in each of the last four quarters, with growth averaging 30.2% over the last eight quarters.
- The high point for year-over-year Intangibles in five years was Q3 2024 (growth of 67.9%); the low point was Q2 2026 (a decline of 6.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $32.26 million (Q1 2026), $32.85 million (Q4 2025) and $33.43 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.83 Bn | 22.66 Bn | - | 31.68 Mn |
| 2 | St Joe | 3.90 Bn | 3.39 Bn | 73.42 Mn | - |
| 3 | Millrose Properties | 3.76 Bn | 3.40 Bn | - | - |
| 4 | LandBridge | 2.24 Bn | 2.11 Bn | 65.71 Mn | 131.44 Mn |
| 5 | Opendoor Technologies | 1.98 Bn | -1.84 Bn | 86.00 Mn | - |
| 6 | Forestar | 1.31 Bn | -34.45 Mn | 84.10 Mn | - |
| 7 | Five Point Holdings | 650.75 Mn | -806.87 Mn | -23.72 Mn | 15.39 Mn |
| 8 | Tejon Ranch | 438.01 Mn | 357.63 Mn | - | - |
| 9 | Nam Tai Property | 260.01 Mn | 78.63 Mn | - | - |
| 10 | Global Asset Management | 215.67 Mn | 213.36 Mn | 236,261.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.68 Mn |
| Mar 31, 2026 | 32.26 Mn |
| Dec 31, 2025 | 32.85 Mn |
| Sep 30, 2025 | 33.43 Mn |
| Jun 30, 2025 | 34.02 Mn |
| Mar 31, 2025 | 34.60 Mn |
| Dec 31, 2024 | 35.19 Mn |
| Sep 30, 2024 | 35.77 Mn |
| Jun 30, 2024 | 20.46 Mn |
| Mar 31, 2024 | 20.74 Mn |
| Dec 31, 2023 | 21.03 Mn |
| Sep 30, 2023 | 21.31 Mn |
API Access
Texas Pacific Land Intangibles 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=intangibles&ticker=TPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();