Texas Pacific Land Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & Equivalents | $144.8M | $369.8M | $725.2M | $510.8M | $428.2M | $281.0M | $303.6M |
| Accounts Receivable | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — |
| Total Current Assets | $319.3M | $503.4M | $862.5M | $633.4M | $526.5M | $332.5M | — |
| Property, Plant & Equipment | $164.5M | $122.6M | $89.6M | $85.5M | $79.7M | $79.3M | $88.3M |
| Goodwill | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $32.8M | $35.2M | $21.0M | $0 | — | — | — |
| Total Assets | $1.62B | $1.25B | $1.16B | $877.4M | $764.1M | $571.6M | $598.2M |
| Liabilities | |||||||
| Accounts Payable | $39.6M | $27.0M | $22.5M | $23.4M | $17.9M | $13.3M | $19.2M |
| Total Current Liabilities | $72.6M | $46.6M | $44.4M | $39.6M | $50.9M | $21.4M | — |
| Long-Term Debt | — | — | — | — | — | — | — |
| Total Liabilities | $164.4M | $115.6M | $113.2M | $104.5M | $112.4M | $86.5M | $86.0M |
| Stockholders' Equity | |||||||
| Retained Earnings | $1.60B | $1.28B | $1.17B | $866.1M | $668.0M | $487.9M | — |
| Total Stockholders' Equity | $1.46B | $1.13B | $1.04B | $772.9M | $651.7M | $485.2M | $512.1M |