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LandBridge Company LLC logo

LandBridge Company LLC

LB

NYSEEnergyOil & Gas Equipment & Services

Open in GoAI

Previous close

$89.71

+$2.68 · +3.08%

Aug 21, 4:00 PM ET

LB company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

86

Deep Value

Momentum

57

Neutral

Sentiment

52

Mixed

Risk resilience

60

Moderate Risk

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Company profile

Company website

LandBridge Company LLC focuses on overseeing land and natural assets to bolster and optimize oil and natural gas production across the United States. The company possesses substantial surface acreage, specifically within and adjacent to the Delaware Basin, spanning both Texas and New Mexico. Furthermore, LandBridge holds a collection of oil and gas royalty interests. It also generates income by selling brackish water and various other surface-related materials. Established in 2021, its corporate headquarters are situated in Houston, Texas, functioning as a subsidiary of LandBridge Holdings LLC.

Industry
Oil & Gas Equipment & Services
Sector
Energy
Headquarters
US
CEO
Jason Long
Listed since
Jun 28, 2024
Employees
4

Market position

Day range

Current $89.71

52-week range

Current $89.71

Open
$88.465
Previous close
$87.03
Volume
458.36K
1.33× average
Average volume
345.62K
Average daily volume
Market cap
6.91B USD
Beta
0.07
Market reference 1
50-day average
$74.7684
+19.98% above average
200-day average
$66.9388
+34.02% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.13B USD
P/E (TTM)
39.69×
P/B (TTM)
7.02×
P/S (TTM)
30.65×
EV / EBITDA
16.95×
Earnings yield
1.88%
Free cash flow yield
7.63%
Dividend yield
0.49%

Profitability & efficiency

Gross margin
92.40%
Operating margin
63.95%
Net margin
20.54%
Return on equity
8.85%
Return on assets
2.21%
Return on invested capital
7.78%

Financial health

Debt / equity
1.51×
Current ratio
4.87×
Altman Z-score
8.18
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends107%63%18%-26%Gross margin, FY2022: 79.60%Gross margin, FY2023: 83.25%Gross margin, FY2024: 90.01%Gross margin, FY2025: 90.95%Operating margin, FY2022: -6.24%Operating margin, FY2023: 96.08%Operating margin, FY2024: -15.02%Operating margin, FY2025: 59.52%Net margin, FY2022: -12.29%Net margin, FY2023: 86.70%Net margin, FY2024: 4.65%Net margin, FY2025: 15.13%FY2022FY2023FY2024FY2025
Gross margin FY2022 79.60%. Gross margin FY2023 83.25%. Gross margin FY2024 90.01%. Gross margin FY2025 90.95%. Operating margin FY2022 -6.24%. Operating margin FY2023 96.08%. Operating margin FY2024 -15.02%. Operating margin FY2025 59.52%. Net margin FY2022 -12.29%. Net margin FY2023 86.70%. Net margin FY2024 4.65%. Net margin FY2025 15.13%.

Income trends

Revenue

199.09M USD+81.07%

Operating income

118.5M USD+135.01M USD

Net income

30.13M USD+489.59%
Income trends across reported periods220.65M USD134.41M USD48.17M USD−38.07M USDRevenue, FY2022: 51.78M USDRevenue, FY2023: 72.87M USDRevenue, FY2024: 109.95M USDRevenue, FY2025: 199.09M USDOperating income, FY2022: −3.23M USDOperating income, FY2023: 70.01M USDOperating income, FY2024: −16.51M USDOperating income, FY2025: 118.5M USDNet income, FY2022: −6.36M USDNet income, FY2023: 63.17M USDNet income, FY2024: 5.11M USDNet income, FY2025: 30.13M USDFY2022FY2023FY2024FY2025
Revenue FY2022 51.78M USD. Revenue FY2023 72.87M USD. Revenue FY2024 109.95M USD. Revenue FY2025 199.09M USD. Operating income FY2022 −3.23M USD. Operating income FY2023 70.01M USD. Operating income FY2024 −16.51M USD. Operating income FY2025 118.5M USD. Net income FY2022 −6.36M USD. Net income FY2023 63.17M USD. Net income FY2024 5.11M USD. Net income FY2025 30.13M USD.
Metric (USD)FY2025FY2024FY2023FY2022
Revenue199.09M USD109.95M USD72.87M USD51.78M USD
Cost of goods sold18.01M USD10.99M USD12.21M USD10.56M USD
Gross profit181.08M USD98.97M USD60.66M USD41.22M USD
Selling, general, and administrative62.45M USD112.3M USD−12.09M USD41.8M USD
Operating expenses62.45M USD115.48M USD−9.35M USD44.45M USD
Interest expense32.71M USD23.34M USD7.02M USD3.11M USD
Depreciation and amortization11.47M USD8.8M USD8.6M USD6.72M USD
Operating income118.5M USD−16.51M USD70.01M USD−3.23M USD
Net income30.13M USD5.11M USD63.17M USD−6.36M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 9 misses, 0 met estimates
Average EPS surprise
-39.74%
9 comparable reports
Latest EPS result
0.4
Estimate 0.53 · Miss by 23.95%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.740.560.380.2Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 5, 2025: actual 0.251, estimate 0.325, surprise -22.73%, Miss. Q2 2025, reported May 7, 2025: actual 0.27, estimate 0.34, surprise -20.59%, Miss. Q3 2025, reported Aug 6, 2025: actual 0.24, estimate 0.39, surprise -38.46%, Miss. Q4 2025, reported Nov 12, 2025: actual 0.26, estimate 0.479, surprise -45.69%, Miss. Q1 2026, reported Feb 25, 2026: actual 0.24, estimate 0.62, surprise -61.29%, Miss. Q2 2026, reported May 6, 2026: actual 0.23, estimate 0.7, surprise -67.14%, Miss. Q3 2026, reported Aug 5, 2026: actual 0.4, estimate 0.526, surprise -23.95%, Miss. Q4 2026, reported Nov 11, 2026: actual —, estimate 0.506, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates69.47M57.59M45.71M33.83MQ1 '25MissQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 5, 2025: actual 36.5M USD, estimate 37.75M USD, surprise -3.32%, Miss. Q2 2025, reported May 7, 2025: actual 43.95M USD, estimate 43.67M USD, surprise +0.63%, Beat. Q3 2025, reported Aug 6, 2025: actual 47.53M USD, estimate 49.23M USD, surprise -3.45%, Miss. Q4 2025, reported Nov 12, 2025: actual 50.83M USD, estimate 50.21M USD, surprise +1.25%, Beat. Q1 2026, reported Feb 25, 2026: actual 56.78M USD, estimate 51.91M USD, surprise +9.38%, Beat. Q2 2026, reported May 6, 2026: actual 51.01M USD, estimate 58.72M USD, surprise -13.14%, Miss. Q3 2026, reported Aug 5, 2026: actual 66.8M USD, estimate 60M USD, surprise +11.34%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 65.46M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

52 ratings
Strong buy00%
Buy2854%
Hold2242%
Sell24%
Strong sell00%

Recent analyst actions

7 institutions
Johnson RicemaintainBuyAccumulate
RBC CapitalmaintainUnderperform

Corporate actions

Corporate action history

DividendUpcoming

Ex-dividend Aug 27, 2026

$0.12

Quarterly

Record Aug 27, 2026 · Payment Sep 10, 2026

Dividend

Ex-dividend Jun 4, 2026

$0.12

Quarterly

Record Jun 4, 2026 · Payment Jun 18, 2026

Dividend

Ex-dividend Mar 5, 2026

$0.12

Quarterly

Record Mar 5, 2026 · Payment Mar 19, 2026

Dividend

Ex-dividend Dec 4, 2025

$0.10

Quarterly

Record Dec 4, 2025 · Payment Dec 18, 2025

Dividend

Ex-dividend Sep 4, 2025

$0.10

Quarterly

Record Sep 4, 2025 · Payment Sep 18, 2025

Dividend

Ex-dividend Jun 5, 2025

$0.10

Quarterly

Record Jun 5, 2025 · Payment Jun 19, 2025

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ETFs holding LB

Funds reporting this stock among their holdings, ordered by reported position size.

Horizon Kinetics Inflation Beneficiaries ETF logoHorizon Kinetics Inflation Beneficiaries ETFINFL
Market value
116.16M
Weight
7.03%
AUM
1.48B USD
Expense ratio
0.85%
Price / 1D
$55.64+1.53%
Vanguard Real Estate ETF logoVanguard Real Estate ETFVNQ
Market value
82.09M
Weight
0.11%
AUM
73.1B USD
Expense ratio
0.13%
Price / 1D
$98.50-0.10%
American Customer Satisfaction ETF logoAmerican Customer Satisfaction ETFACSI
Market value
2.31M
Weight
3.43%
AUM
104.1M USD
Expense ratio
0.65%
Price / 1D
$76.85+0.42%
Fidelity MSCI Real Estate Index ETF logoFidelity MSCI Real Estate Index ETFFREL
Market value
2.23M
Weight
0.15%
AUM
1.49B USD
Expense ratio
0.08%
Price / 1D
$29.90-0.13%
Horizon Kinetics Blockchain Development ETF logoHorizon Kinetics Blockchain Development ETFBCDF
Market value
995.06K
Weight
4.05%
AUM
23.25M USD
Expense ratio
0.85%
Price / 1D
$33.95+1.03%
Renaissance IPO ETF logoRenaissance IPO ETFIPO
Market value
987.09K
Weight
0.65%
AUM
159.56M USD
Expense ratio
0.60%
Price / 1D
$54.36+0.72%
Stance Sustainable Beta ETF logoStance Sustainable Beta ETFCHGX
Market value
605.36K
Weight
1.00%
AUM
149.21M USD
Expense ratio
0.49%
Price / 1D
$33.8195+0.82%
Strive U.S. Energy ETF logoStrive U.S. Energy ETFDRLL
Market value
474.57K
Weight
0.15%
AUM
314.8M USD
Expense ratio
0.41%
Price / 1D
$41.37+0.17%

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