LandBridge Company LLC (LB) vs SLB Limited (SLB)

LandBridge Company LLC and SLB Limited are both Oil & Gas Equipment & Services companies. SLB Limited is the larger, with a market value of $71.8B against $6.3B — 11.5× the size. SLB Limited trades at the lower P/E: 23.8× against 60.9×. LandBridge Company LLC grew revenue faster over the last twelve months: 44.1% against 2.50%. LandBridge Company LLC has the higher net margin (16.5% vs 8.53%) and the lower return on invested capital (6.51% vs 8.18%). Across the 20 metrics below, SLB Limited leads on 11 and LandBridge Company LLC on 9.

Valuation

Metric LB SLB Oil & Gas Equipment & Services median
P/E 60.87 23.77 22.50
P/S 10.12 2.03 1.17
P/B 2.74 2.70 1.82
Price to free cash flow 15.06 16.33 13.72
EV/EBITDA 17.84 11.11 8.68
EV/Sales 12.32 2.27 1.34
Earnings yield 1.64% 4.21% 3.94%
Free cash flow yield 6.64% 6.12% 5.66%

Profitability

Metric LB SLB Oil & Gas Equipment & Services median
Gross margin 98.84% 16.54% 23.26%
Operating margin 61.34% 12.35% 9.34%
Net margin 16.48% 8.53% 4.69%
Free cash flow margin 67.16% 12.41% 5.35%
Return on equity 4.90% 12.71% 4.92%
Return on assets 3.04% 5.95% 2.37%
Return on invested capital 6.51% 8.18% 4.32%

Growth

Metric LB SLB Oil & Gas Equipment & Services median
Revenue growth (TTM) 44.09% 2.50% 6.08%
EPS growth (last fiscal year) 266.28% (24.44%) (13.00%)
Revenue growth, 5-year CAGR — 8.63% 14.44%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric LB SLB Oil & Gas Equipment & Services median
Debt to equity 0.64 0.41 0.46
Current ratio 7.27 1.44 2.07
Net debt to EBITDA 4.01 0.74 0.75

Dividend

Metric LB SLB Oil & Gas Equipment & Services median
Dividend yield — 2.37% 1.51%
Payout ratio — 0.57 0.38

Size

Metric LB SLB Oil & Gas Equipment & Services median
Market cap 6.26b 71.79b 1.63b

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