Texas Pacific Land (TPL) Non-Current Deferred Tax Liability (2019 - 2026)
Texas Pacific Land (TPL) reported Non-Current Deferred Tax Liability of $59.3 million for Q2 2026, up 21.7% from $48.73 million a year earlier and up 2.8% from the prior quarter.
Powered by 
Analysis
Texas Pacific Land (TPL) Non-Current Deferred Tax Liability (2019 - 2026) Analysis & Trends
At the end of FY2025, Texas Pacific Land posted Non-Current Deferred Tax Liability of $54.11 million, up 14.1% from FY2024.
- Non-Current Deferred Tax Liability has increased for five consecutive years, with a five-year compound annual growth rate of 6.9% (FY2020 to FY2025).
- By year, Non-Current Deferred Tax Liability came in at $47.4 million in FY2024 (+11.9%), $42.37 million in FY2023 (+3.0%), $41.15 million in FY2022 (+5.7%) and $38.95 million in FY2021 (+0.6%).
- The Q2 2026 figure ranks as the highest quarterly Non-Current Deferred Tax Liability in data going back to Q4 2019.
- Year over year, Non-Current Deferred Tax Liability has now increased in each of the last 15 quarters, with growth averaging 15.5% over the last eight quarters.
- The high point for year-over-year Non-Current Deferred Tax Liability in five years was Q2 2026 (growth of 21.7%); the low point was Q2 2022 (a decline of 0.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $57.69 million (Q1 2026), $54.11 million (Q4 2025) and $52.51 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 19.03 Bn | 18.02 Bn | - |
| 2 | Howard Hughes Holdings | 5.08 Bn | -3.80 Bn | 435.75 Mn |
| 3 | Millrose Properties | 4.45 Bn | 4.27 Bn | - |
| 4 | St Joe | 4.25 Bn | 3.75 Bn | 80.65 Mn |
| 5 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.25 Bn | 2.06 Bn | - |
| 6 | LandBridge | 1.84 Bn | 1.71 Bn | 65.71 Mn |
| 7 | Opendoor Technologies | 1.32 Bn | -2.45 Bn | 38.00 Mn |
| 8 | Forestar | 1.24 Bn | -106.01 Mn | 84.10 Mn |
| 9 | Tejon Ranch | 474.48 Mn | 406.35 Mn | - |
| 10 | Frp Holdings | 377.65 Mn | -71.39 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 49.74 Mn |
| Jun 30, 2026 | 59.30 Mn |
| Mar 31, 2026 | 57.69 Mn |
| Dec 31, 2025 | 54.11 Mn |
| Sep 30, 2025 | 52.51 Mn |
| Jun 30, 2025 | 48.73 Mn |
| Mar 31, 2025 | 48.19 Mn |
| Dec 31, 2024 | 47.40 Mn |
| Sep 30, 2024 | 44.53 Mn |
| Jun 30, 2024 | 43.12 Mn |
| Mar 31, 2024 | 42.03 Mn |
| Dec 31, 2023 | 42.37 Mn |
| Sep 30, 2023 | 40.12 Mn |
| Jun 30, 2023 | 40.48 Mn |
| Mar 31, 2023 | 40.85 Mn |
| Dec 31, 2022 | 41.15 Mn |
| Sep 30, 2022 | 38.11 Mn |
| Jun 30, 2022 | 38.00 Mn |
| Mar 31, 2022 | 38.54 Mn |
| Dec 31, 2021 | 38.95 Mn |
API Access
Texas Pacific Land Non-Current Deferred Tax Liability 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=non-current-deferred-tax-liability&ticker=TPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "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=non-current-deferred-tax-liability&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();