Texas Pacific Land Trust (TPL) — Capital Reinvestment Ratio
Texas Pacific Land Trust (TPL) has a Capital Reinvestment Ratio of 0.12x as of September 2025, meaning it reinvests 0% of its operating cash flow ($154.61 Million) in capital expenditures ($18.60 Million). See Texas Pacific Land Trust net asset quality index to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Texas Pacific Land Trust Capital Reinvestment Ratio (1995–2024)
This chart tracks Texas Pacific Land Trust's Capital Reinvestment Ratio across 30 annual periods. Check TPL total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Texas Pacific Land Trust (1995–2024)
Year-by-year Capital Reinvestment Ratio for Texas Pacific Land Trust from 1995 to 2024. For live market cap and broader valuation context, see Texas Pacific Land Trust (TPL) market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.06x | $490.67 Million | $29.70 Million | ▲ +68.5% |
| 2023 | 0.04x | $418.29 Million | $15.03 Million | ▼ -23.0% |
| 2022 | 0.05x | $447.15 Million | $20.87 Million | ▼ -20.4% |
| 2021 | 0.06x | $265.16 Million | $15.55 Million | ▼ -44.9% |
| 2020 | 0.11x | $207.04 Million | $22.03 Million | ▼ -2.0% |
| 2019 | 0.11x | $342.79 Million | $37.23 Million | ▼ -55.7% |
| 2018 | 0.24x | $195.45 Million | $47.88 Million | ▲ +22.6% |
| 2017 | 0.20x | $93.83 Million | $18.75 Million | ▲ +737.6% |
| 2016 | 0.02x | $40.96 Million | $977.00K | ▲ +435.0% |
| 2015 | 0.00x | $49.57 Million | $221.00K | ▲ +222.1% |
| 2014 | 0.00x | $38.85 Million | $53.79K | ▼ -23.8% |
| 2013 | 0.00x | $30.07 Million | $54.61K | ▼ -28.2% |
| 2012 | 0.00x | $19.91 Million | $50.41K | ▲ +62.6% |
| 2011 | 0.00x | $23.93 Million | $37.26K | ▼ -34.2% |
| 2010 | 0.00x | $11.70 Million | $27.67K | ▼ -25.1% |
| 2009 | 0.00x | $9.39 Million | $29.66K | ▲ +466.4% |
| 2008 | 0.00x | $11.44 Million | $6.38K | ▼ -80.5% |
| 2007 | 0.00x | $9.53 Million | $27.27K | ▼ -52.8% |
| 2006 | 0.01x | $10.37 Million | $62.83K | ▲ +12.8% |
| 2005 | 0.01x | $10.33 Million | $55.49K | ▲ +64.8% |
| 2004 | 0.00x | $10.16 Million | $33.11K | ▼ -29.7% |
| 2003 | 0.00x | $6.52 Million | $30.22K | ▼ -58.7% |
| 2002 | 0.01x | $4.92 Million | $55.22K | ▼ -55.1% |
| 2001 | 0.02x | $6.07 Million | $151.61K | ▲ +64.8% |
| 2000 | 0.02x | $4.02 Million | $61.01K | ▲ +8.6% |
| 1999 | 0.01x | $4.15 Million | $57.94K | ▲ +32.6% |
| 1998 | 0.01x | $5.34 Million | $56.24K | ▼ -35.9% |
| 1997 | 0.02x | $4.79 Million | $78.73K | ▼ -50.2% |
| 1996 | 0.03x | $3.29 Million | $108.65K | ▲ +701.5% |
| 1995 | 0.00x | $4.71 Million | $19.39K | — |