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 $76.3B against $6.4B — 12.0× the size. SLB Limited trades at the lower P/E: 24.8× against 60.7×. 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, LandBridge Company LLC leads on 10 and SLB Limited on 10.

Valuation

Metric LB SLB Oil & Gas Equipment & Services median
P/E 60.73 24.78 24.78
P/S 10.09 2.11 1.28
P/B 2.74 2.82 1.85
Price to free cash flow 15.03 17.02 15.03
EV/EBITDA 17.80 11.56 8.93
EV/Sales 12.29 2.36 1.40
Earnings yield 1.65% 4.04% 3.12%
Free cash flow yield 6.65% 5.88% 5.01%

Profitability

Metric LB SLB Oil & Gas Equipment & Services median
Gross margin 98.84% 16.54% 23.27%
Operating margin 61.34% 12.35% 9.34%
Net margin 16.48% 8.53% 4.69%
Free cash flow margin 67.16% 12.41% 5.05%
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%) —
Revenue growth, 5-year CAGR — 8.63% 10.60%
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 2.11
Net debt to EBITDA 4.01 0.74 0.76

Dividend

Metric LB SLB Oil & Gas Equipment & Services median
Dividend yield — 2.28% 2.12%
Payout ratio — 0.31 0.00

Size

Metric LB SLB Oil & Gas Equipment & Services median
Market cap 6.36b 76.33b 1.81b

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