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Texas Pacific Land (TPL) Cash Flow Waterfall

Trace Texas Pacific Land's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$551.19M

Capex

−$57.91M

Free Cash Flow

$493.28M

FCF Margin

+89.5%

Cash flow waterfall for Texas Pacific Land (TPL) — TTM through Q1 2026

Free cash flow: $493.28M

Note: Other Investing is large — driven mainly by purchases or sales of investments.

Cash flow breakdown for Texas Pacific Land (TPL) — TTM through Q1 2026

  • Operating Cash Flow$551.19M
  • Capital Expenditure−$57.91M
  • Free Cash Flow$493.28M
  • Other Investing−$533.80M
  • Share Buybacks−$8.33M
  • Dividends Paid−$152.16M
  • Other Financing & FX−$13.57M
  • Net Cash Decrease−$214.59M
Want to see what drove the FCF change?Free Cash Flow Bridge

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