Texas Pacific Land (TPL) Selling, General & Administrative (2020 - 2026)
Texas Pacific Land (TPL) reported Selling, General & Administrative of $8 million for Q2 2026, up 40.6% from $5.69 million a year earlier but down 7.3% from the prior quarter.
Texas Pacific Land (TPL) Selling, General & Administrative (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Texas Pacific Land's Selling, General & Administrative came in at $28.65 million, down 7.7% year-over-year; for FY2025, it came in at $23.78 million, down 31.0% from FY2024.
- Selling, General & Administrative has a five-year compound annual growth rate of 19.5% (FY2020 to FY2025).
- By year, Selling, General & Administrative came in at $34.48 million in FY2024 (-25.8%), $46.45 million in FY2023 (+110.9%), $22.02 million in FY2022 (+89.2%) and $11.64 million in FY2021 (+19.4%).
- Five-year quarterly Selling, General & Administrative spans a low of $2.84 million in Q3 2021 and a high of $35.71 million in Q4 2023.
- Year over year, Selling, General & Administrative gained in three of the last eight quarters, with growth averaging 15.9%.
- The high point for year-over-year Selling, General & Administrative in five years was Q4 2022 (growth of 289.5%); the low point was Q4 2024 (a decline of 81.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $8.63 million (Q1 2026), $6.42 million (Q4 2025) and $5.59 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.02 Bn | 21.84 Bn | - | 8.00 Mn |
| 2 | St Joe | 3.96 Bn | 3.46 Bn | 73.42 Mn | - |
| 3 | Millrose Properties | 3.70 Bn | 3.34 Bn | - | - |
| 4 | Opendoor Technologies | 1.96 Bn | -1.86 Bn | 86.00 Mn | 135.00 Mn |
| 5 | Forestar | 1.34 Bn | -8.84 Mn | 84.10 Mn | 38.30 Mn |
| 6 | Five Point Holdings | 670.02 Mn | 698.79 Mn | -23.72 Mn | 14.29 Mn |
| 7 | Tejon Ranch | 449.36 Mn | 384.34 Mn | - | - |
| 8 | Nam Tai Property | 260.36 Mn | 78.98 Mn | - | - |
| 9 | Global Asset Management | 198.07 Mn | 195.75 Mn | 236,261.00 | 354,947.00 |
| 10 | Star Holdings | 90.97 Mn | -79.63 Mn | 5.31 Mn | 2.62 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.00 Mn |
| Mar 31, 2026 | 8.63 Mn |
| Dec 31, 2025 | 6.42 Mn |
| Sep 30, 2025 | 5.59 Mn |
| Jun 30, 2025 | 5.69 Mn |
| Mar 31, 2025 | 6.07 Mn |
| Dec 31, 2024 | 6.75 Mn |
| Sep 30, 2024 | 12.52 Mn |
| Jun 30, 2024 | 5.98 Mn |
| Mar 31, 2024 | 9.23 Mn |
| Dec 31, 2023 | 35.71 Mn |
| Sep 30, 2023 | 3.86 Mn |
| Jun 30, 2023 | 3.33 Mn |
| Mar 31, 2023 | 3.55 Mn |
| Dec 31, 2022 | 12.26 Mn |
| Sep 30, 2022 | 3.12 Mn |
| Jun 30, 2022 | 3.67 Mn |
| Mar 31, 2022 | 2.97 Mn |
| Dec 31, 2021 | 3.15 Mn |
| Sep 30, 2021 | 2.84 Mn |
Texas Pacific Land Selling, General & Administrative 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=selling-general-and-administrative&ticker=TPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=TPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();