LandBridge Company LLC

LB Energy Oil & Gas Equipment & Services

LandBridge Company LLC’s revenue for fiscal 2025 (year ended December 2025) was $199.1 million, up 81.1% from fiscal 2024. In the quarter to June 2026, revenue grew 40.6%, EPS grew 43.3%, free cash flow grew 11.3% and total debt rose 44.4%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

81.57 0.32 +0.39%
Market cap
$6.3B
P/E
60.9×
Fwd P/E
47.5×
Dividend yield
—
F-score
7/9
Altman Z
1.77
Beneish M
−1.46
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.16
Total sells 716.60
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — 3 — — — — — — — — —
Sell 3 — — — 1 — — — — 2 — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 6,260.00
Revenue 225.45
Net Income 87.38
Free Cash Flow 151.42
Net Debt 495.93
Current Ratio 7.27 (at or above 1.5: strong)
Debt/Equity 0.64
P/E ratio 60.87 (above 35: high)
Fwd P/E 47.50 (above 35: high)
P/S ratio 10.12 (above 10: high)
P/B ratio 2.74
Past 5Y EPS Growth —
This Y EPS Growth 35.33% (at or above 15%: strong)
Next Y EPS Growth 26.49% (at or above 15%: strong)
Next Y revenue growth (10.68%) (below 0%: weak)
Next 5Y EPS Growth 29.34% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2028 Powerpack
2027 Powerpack
2026 Powerpack
2025 Powerpack
2024 Powerpack
2021 0.15
0.15
2020 0.30
0.30
2019 1.20
0.30
0.30
0.30
0.30
2018 2.40
0.60
0.60
0.60
0.60
2017 2.40
0.60
0.60
0.60
0.60
2016 1.80
2.00
0.60
0.60
0.60
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 38 37 31 40
Receivables 13 15 24 27
Inventory — — — —
Other — — — —
52 53 60 71
2023 2024 2025 Q'26
Payables 0 0 1 1
ST’ Debt 20 0 1 0
Other 1 3 1 1
27 14 12 10

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — —
Earnings — — —
Book Value — — —

Revenue $m

Mar Jun Sep Dec Year
’26 51 67 — — —
’25 44 48 51 57 199
’24 19 26 28 37 110
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 41 41 — — —
’25 16 37 35 38 126
’24 17 16 7 27 68
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 41 40 — — —
’25 16 36 34 36 122
’24 17 16 7 27 67
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.23 0.40 — — —
’25 0.20 0.24 0.26 0.24 0.94
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — — — 18.75 48.10

Analyst estimates 2026–2028

Powerpack
High — — — — — — — — 80.82 87.60
People
People Employees — — — — — — — 6 6 4
Revenue/emp, $m — — — — — — — 12.14 18.33 49.77
Income, $m
Income, $m Revenue — — — — — — — 73 110 199
Gross margin, % — — — — — — — 95.27 98.08 98.98
EBT — — — — — — — 64 (40) 81
EBT margin, % — — — — — — — 87.21 (36.02) 40.92
Net income — — — — — — — 63 (41) 72
Depreciation — — — — — — — 9 11 14
Per share, $
Per share, $ Revenue — — — — — — — 0.00 6.17 8.02
Earnings — — — — — — — — (2.33) 1.18
Cash flow — — — — — — — 0.00 3.80 5.09
Capex — — — — — — — 0.00 (0.06) (0.16)
Free cash flow — — — — — — — 0.00 3.74 4.93
Book value — — — — — — — 0.00 35.78 32.00
Shares, m — — — — — — — — 18 25
Valuation, ×
Valuation, × P/E — — — — — — — 0.00 0.00 41.87
P/S — — — — — — — 7.47 10.46 6.11
P/B — — — — — — — 0.00 1.81 1.53
EV/Sales — — — — — — — 0.00 13.59 8.77
EV/FCF — — — — — — — 0.00 22.42 14.28
Cash, $m
Cash, $m Operating cash flow — — — — — — — 53 68 126
Capex — — — — — — — (3) (1) (4)
Free cash flow — — — — — — — 50 67 122
Balance, $m
Balance, $m Working capital — — — — — — — 25 39 48
Total debt — — — — — — — 129 381 560
Net debt — — — — — — — 91 344 530
Shareholders’ equity — — — — — — — 151 637 794
Returns, %
Returns, % ROA — — — — — — — 0.00 0.77 2.51
ROIC — — — — — — — 18.11 (1.05) 5.60
ROE — — — — — — — 0.00 1.30 4.21
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

LandBridge Company LLC vs peers in Oil & Gas Equipment & Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NOV NOV Inc. $6.6B 72.8× 25.5× −2.47% (below 0%: shrinking) +6.90% (above 0%: growing) −116.81% (below 0%: shrinking) 24.41% 9.04% Compare
LB LandBridge Company LLC $6.3B 60.9× 47.5× +40.62% (above 0%: growing) +43.33% (above 0%: growing) +11.25% (above 0%: growing) 98.30% 66.07%
WFRD Weatherford International PLC $5.5B 14.9× 16.5× −8.22% (below 0%: shrinking) −70.59% (below 0%: shrinking) +77.50% (above 0%: growing) 30.14% 9.68% Compare
SEI Solaris Energy Infrastructure, Inc. $5.2B 61.5× 55.4× +46.92% (above 0%: growing) +13.33% (above 0%: growing) −89.73% (below 0%: shrinking) 57.55% 25.76% Compare
AROC Archrock, Inc. $5.1B 15.9× 18.4× −3.11% (below 0%: shrinking) +5.56% (above 0%: growing) +49.96% (above 0%: growing) 65.86% 34.58% Compare
WHD Cactus, Inc. $4.9B 51.9× 23.0× +64.32% (above 0%: growing) +18.64% (above 0%: growing) +23.95% (above 0%: growing) 33.31% 18.59% Compare
KGS Kodiak Gas Services, Inc. $4.8B 55.5× 31.9× +21.15% (above 0%: growing) +22.73% (above 0%: growing) −194.00% (below 0%: shrinking) 63.09% 31.76% Compare
OII Oceaneering International, Inc. $4.3B 12.6× 21.4× +10.03% (above 0%: growing) +20.37% (above 0%: growing) −31.05% (below 0%: shrinking) 20.44% 11.49% Compare
TDW Tidewater Inc. $3.9B 16.0× 23.4× +0.25% (above 0%: growing) −70.07% (below 0%: shrinking) −15.92% (below 0%: shrinking) 46.88% 18.27% Compare
Median of peers $5.0B 33.9× 23.2× +5.14% +10.12% −23.48% 40.10% 18.43%

All 46 Oil & Gas Equipment & Services stocks →

LandBridge Company LLC (LB) key facts

  • Strength: LandBridge Company LLC’s revenue for fiscal 2025 (year ended December 2025) was $199.1 million, up 81.1% from fiscal 2024.
  • LandBridge Company LLC (LB) is an Oil & Gas Equipment & Services company in the Energy sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, LB traded at $81.57, a market capitalization of $6.3 billion.
  • Return on equity was 4.21% and debt-to-equity 0.64.
  • Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 1.77 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

LandBridge Company LLC (LB) Latest News

13 Aug

Impact 4 · transcript

8 Aug

Impact 3 · transcript

5 Aug

11 May

8 May

Impact 4 · transcript
stockrow.com/LB · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com