Texas Pacific Land (TPL) Operating Leases (2019 - 2026)
Texas Pacific Land's (TPL) quarterly Operating Leases came in at $18.0 million in Q2 2026, little changed quarter-over-quarter from $18.0 million in Q1 2026.
Analysis
Texas Pacific Land (TPL) Operating Leases (2019 - 2026) Analysis & Trends
Texas Pacific Land (TPL) has reported Operating Leases for 8 consecutive years, with $18.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Leases changed N/A year-over-year to $18.0 million in Q2 2026; TTM through Jun 2026 was $18.0 million, a N/A change from a year earlier, with the FY2025 full-year figure at $17.8 million, up 1269.23% from the prior year.
- Operating Leases was $18.0 million for Q2 2026 at Texas Pacific Land, roughly flat from $18.0 million in the prior quarter.
- Over five years, Operating Leases peaked at $18.0 million in Q2 2026 and troughed at $1.2 million in Q4 2023.
- A 5-year average of $9.7 million and a median of $9.8 million in 2022 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases sank 40.15% in 2023 and soared 1269.23% in 2025, its largest moves.
- Over 5 years, Operating Leases stood at $2.0 million in 2022, then slumped by 40.15% to $1.2 million in 2023, then grew by 11.11% to $1.3 million in 2024, then soared by 1269.23% to $17.8 million in 2025, then climbed by 1.21% to $18.0 million in 2026.
- The last three Operating Leases figures came in at $18.0 million (Q2 2026), $18.0 million (Q1 2026), and $17.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.00 Bn | 24.76 Bn | - |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - |
| 3 | LandBridge | 6.64 Bn | 7.07 Bn | 65.51 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.07 Bn | 6.22 Bn | - |
| 5 | Opendoor Technologies | 3.05 Bn | 2.16 Bn | 86.00 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn |
| 7 | Frp Holdings | 433.69 Mn | 433.69 Mn | - |
| 8 | American Realty Investors | 250.20 Mn | 445.20 Mn | - |
| 9 | Belpointe PREP | 188.11 Mn | 188.11 Mn | - |
| 10 | Star Holdings | 119.97 Mn | 86.41 Mn | 5.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.02 Mn |
| Mar 31, 2026 | 18.00 Mn |
| Dec 31, 2025 | 17.80 Mn |
| Sep 30, 2025 | 17.67 Mn |
| Dec 31, 2024 | 1.30 Mn |
| Sep 30, 2024 | 1.30 Mn |
| Dec 31, 2023 | 1.17 Mn |
| Dec 31, 2022 | 1.96 Mn |
| Dec 31, 2021 | 2.10 Mn |
| Sep 30, 2021 | 2.29 Mn |
| Jun 30, 2021 | 2.47 Mn |
| Mar 31, 2021 | 2.65 Mn |
| Dec 31, 2020 | 2.80 Mn |
| Dec 31, 2019 | 3.40 Mn |