Texas Pacific Land (TPL) Payables (2019 - 2026)
Texas Pacific Land's Payables was $40.78 million in Q2 2026, up 51.1% from $26.99 million a year earlier and up 0.6% from the prior quarter.
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Analysis
Texas Pacific Land (TPL) Payables (2019 - 2026) Analysis & Trends
At the end of FY2025, Payables at Texas Pacific Land came in at $39.58 million, up 46.8% from FY2024.
- Payables shows a five-year compound annual growth rate of 24.3% (FY2020 to FY2025).
- In earlier years, Payables was $26.96 million in FY2024 (+19.8%), $22.5 million in FY2023 (-4.0%), $23.44 million in FY2022 (+30.9%) and $17.91 million in FY2021 (+34.4%).
- The Q2 2026 figure marks the highest quarterly Payables in data going back to Q4 2019.
- Compared with a year earlier, Payables has increased for three straight quarters, with growth averaging 25.9% over the last eight quarters.
- The best year-over-year quarter for Payables over five years was Q1 2023 (growth of 115.6%); the worst was Q2 2025 (a decline of 14.7%).
- Per Business Quant data, TPL's Payables in the three quarters before Q2 2026 was $40.54 million (Q1 2026), $39.58 million (Q4 2025) and $38.55 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.67 Bn | 21.49 Bn | - | 40.78 Mn |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | 341,484.08 |
| 3 | LandBridge | 6.19 Bn | 6.54 Bn | 65.71 Mn | 1.80 Mn |
| 4 | Millrose Properties | 4.09 Bn | 4.09 Bn | - | 127.86 Mn |
| 5 | St Joe | 3.77 Bn | 3.27 Bn | 73.42 Mn | 63.69 Mn |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 87.50 Mn |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn | 78.00 Mn |
| 8 | Forestar | 1.33 Bn | -18.53 Mn | 84.10 Mn | 65.30 Mn |
| 9 | Five Point Holdings | 699.67 Mn | 728.44 Mn | -23.72 Mn | 107.99 Mn |
| 10 | Tejon Ranch | 441.80 Mn | 376.78 Mn | - | 5.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.78 Mn |
| Mar 31, 2026 | 40.54 Mn |
| Dec 31, 2025 | 39.58 Mn |
| Sep 30, 2025 | 38.55 Mn |
| Jun 30, 2025 | 26.99 Mn |
| Mar 31, 2025 | 25.07 Mn |
| Dec 31, 2024 | 26.96 Mn |
| Sep 30, 2024 | 40.56 Mn |
| Jun 30, 2024 | 31.66 Mn |
| Mar 31, 2024 | 23.32 Mn |
| Dec 31, 2023 | 22.50 Mn |
| Sep 30, 2023 | 29.03 Mn |
| Jun 30, 2023 | 27.16 Mn |
| Mar 31, 2023 | 27.26 Mn |
| Dec 31, 2022 | 23.44 Mn |
| Sep 30, 2022 | 30.73 Mn |
| Jun 30, 2022 | 29.28 Mn |
| Mar 31, 2022 | 12.64 Mn |
| Dec 31, 2021 | 17.91 Mn |
| Sep 30, 2021 | 18.02 Mn |
API Access
Texas Pacific Land Payables 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=payables&ticker=TPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();