Texas Pacific Land (TPL) Non Operating Income (2020 - 2026)
Texas Pacific Land (TPL) reported Non Operating Income of $2.85 million for Q2 2026, down 45.5% from $5.24 million a year earlier but up 28.1% from the prior quarter.
Texas Pacific Land (TPL) Non Operating Income (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Texas Pacific Land's Non Operating Income came in at $14.38 million, down 44.9% year-over-year; for FY2025, it was $18.86 million, down 52.5% from FY2024.
- Non Operating Income has a five-year compound annual growth rate of 51.0% (FY2020 to FY2025).
- By year, Non Operating Income came in at $39.68 million in FY2024 (+25.9%), $31.51 million in FY2023 (+381.2%), $6.55 million in FY2022 (+949.4%) and $624,000 in FY2021 (-74.0%).
- Five-year quarterly Non Operating Income spans a low of -$300,000 in Q4 2021 and a high of $13.22 million in Q2 2024.
- Year over year, Non Operating Income has now declined in each of the last seven quarters, with an average decline of 40.2% over the last eight quarters.
- The high point for year-over-year Non Operating Income in five years was Q2 2023 (growth of 990.6%); the low point was Q4 2025 (a decline of 62.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.23 million (Q1 2026), $3.21 million (Q4 2025) and $6.09 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.47 Bn | 21.30 Bn | - | 2.85 Mn |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - | - |
| 3 | LandBridge | 6.25 Bn | 6.60 Bn | 65.71 Mn | - |
| 4 | Millrose Properties | 4.01 Bn | 4.01 Bn | - | -39.30 Mn |
| 5 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn | 324,000.00 |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - | 38.30 Mn |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | - |
| 8 | Forestar | 1.31 Bn | -34.86 Mn | 84.10 Mn | - |
| 9 | Five Point Holdings | 693.74 Mn | 722.51 Mn | -23.72 Mn | 2.70 Mn |
| 10 | Tejon Ranch | 438.56 Mn | 373.54 Mn | - | 29,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.85 Mn |
| Mar 31, 2026 | 2.23 Mn |
| Dec 31, 2025 | 3.21 Mn |
| Sep 30, 2025 | 6.09 Mn |
| Jun 30, 2025 | 5.24 Mn |
| Mar 31, 2025 | 4.32 Mn |
| Dec 31, 2024 | 8.43 Mn |
| Sep 30, 2024 | 8.09 Mn |
| Jun 30, 2024 | 13.22 Mn |
| Mar 31, 2024 | 9.94 Mn |
| Dec 31, 2023 | 11.27 Mn |
| Sep 30, 2023 | 7.98 Mn |
| Jun 30, 2023 | 6.87 Mn |
| Mar 31, 2023 | 5.39 Mn |
| Dec 31, 2022 | 3.92 Mn |
| Sep 30, 2022 | 1.92 Mn |
| Jun 30, 2022 | 630,000.00 |
| Mar 31, 2022 | 76,000.00 |
| Dec 31, 2021 | -300,000.00 |
| Sep 30, 2021 | 513,000.00 |
Texas Pacific Land Non Operating Income 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-operating-income&ticker=TPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-income", "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-operating-income&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();