| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 531,808 | 543,930 | 460,379 | 533,914 |
| Accounts receivable and accrued receivables, net | 127,786 | 114,314 | 138,251 | 122,627 |
| Prepaid expenses and other current assets | 77,578 | 9,256 | 4,873 | 48,426 |
| Tax like-kind exchange escrow | 0 | 0 | 3,417 | 0 |
| Prepaid income taxes | - | - | - | 4,002 |
| Total current assets | 737,172 | 667,500 | 606,920 | 708,969 |
| Royalty interests acquired, net | 405,917 | 416,048 | 428,662 | 164,028 |
| Real estate acquired | 179,129 | 147,683 | 143,183 | 142,727 |
| Property, plant and equipment, net | 137,527 | 127,949 | 128,468 | 119,108 |
| Intangible assets, net | 33,431 | 34,017 | 34,602 | 35,773 |
| Land (surface rights)-Land Surface Rights | 0 | 0 | 0 | 0 |
| 1/16th nonparticipating perpetual royalty interest-Royalty Interests In Acres116 | - | - | - | 0 |
| 1/128th nonparticipating perpetual royalty interest-Royalty Interests In Acres128 | - | - | - | 0 |
| Operating lease right-of-use assets | 14,042 | - | - | - |
| Other assets | 17,696 | 11,467 | 11,457 | 4,964 |
| Total assets | 1,524,914 | 1,404,664 | 1,353,292 | 1,175,569 |
| Accounts payable and accrued expenses | 38,549 | 26,987 | 25,071 | 40,560 |
| Ad valorem and other taxes payable | 7,527 | 4,958 | 3,436 | 7,860 |
| Income taxes payable | 9,892 | 4,181 | 37,332 | 2,217 |
| Unearned revenue | 11,932 | 9,000 | 12,019 | 6,694 |
| Total current liabilities | 67,900 | 45,126 | 77,858 | 57,331 |
| Deferred taxes payable | 52,505 | 48,730 | 48,189 | 44,528 |
| Unearned revenue - noncurrent | 19,664 | 21,218 | 20,310 | 20,625 |
| Operating lease liabilities | 16,509 | - | - | - |
| Accrued liabilities - noncurrent | 372 | 646 | 678 | 953 |
| Total liabilities | 156,950 | 115,720 | 147,035 | 123,437 |
| Common stock, 0.01 par value 46,536,936 shares authorized as of september 30, 2025 and december 31, 2024, 22,979,410 and 22,971,803 outstanding as of september 30, 2025 and december 31, 2024, respectively | 231 | 231 | 231 | 231 |
| Treasury stock, at cost 98,831 and 114,273 shares as of march 31, 2025 and december 31, 2024, respectively | - | - | 144,850 | 162,416 |
| Treasury stock, at cost 106,666 and 114,273 shares as of september 30, 2025 and december 31, 2024, respectively | 151,242 | 144,727 | - | - |
| Additional paid-in capital | 6,610 | 5,433 | 2,122 | 16,391 |
| Accumulated other comprehensive income | 3,465 | 3,505 | 3,544 | 1,768 |
| Retained earnings | 1,508,900 | 1,424,502 | 1,345,210 | 1,196,158 |
| Total equity | 1,367,964 | 1,288,944 | 1,206,257 | 1,052,132 |
| Total liabilities and equity | 1,524,914 | 1,404,664 | 1,353,292 | 1,175,569 |
Texas Pacific Land Corp (TPL)
Texas Pacific Land Corp (TPL)