Saturday 17 October 2026
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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%
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Target Price Range
Analyst price targets
Free accountTen 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 |
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| 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.
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% |
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.