LandBridge Company LLC (LB) vs SM Energy Company (SM)

LandBridge Company LLC and SM Energy Company are both Oil & Gas E&P companies. SM Energy Company is the larger, with a market value of $7.1B against $4.8B — 1.5× the size. SM Energy Company trades at the lower P/E: 7.2× against 42.4×. SM Energy Company grew revenue faster over the last twelve months: 107.6% against 37.3%. SM Energy Company has the higher net margin (13.7% vs 0.00%) and the higher return on invested capital (7.24% vs 6.06%). Across the 20 metrics below, SM Energy Company leads on 16 and LandBridge Company LLC on 4.

Valuation

Metric LB SM Oil & Gas E&P median
P/E 42.36 7.18 9.67
P/S 7.39 1.03 1.76
P/B 2.09 0.91 1.19
Price to free cash flow 10.90 3.60 8.37
EV/EBITDA 16.41 4.40 4.59
EV/Sales 10.40 2.11 2.27
Earnings yield 2.36% 13.92% 7.55%
Free cash flow yield 9.18% 27.76% 3.98%

Profitability

Metric LB SM Oil & Gas E&P median
Gross margin 0.00% 74.25% 79.54%
Operating margin 63.40% 23.57% 24.01%
Net margin 0.00% 13.69% 14.11%
Free cash flow margin 67.86% 28.56% 7.72%
Return on equity 0.00% 15.02% 8.99%
Return on assets 0.00% 6.69% 4.63%
Return on invested capital 6.06% 7.24% 6.33%

Growth

Metric LB SM Oil & Gas E&P median
Revenue growth (TTM) 37.30% 107.58% 13.60%
EPS growth (last fiscal year) 266.28% (15.44%) (10.17%)
Revenue growth, 5-year CAGR — 22.86% 18.67%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric LB SM Oil & Gas E&P median
Debt to equity 0.87 0.85 0.29
Current ratio 2.78 0.57 0.92
Net debt to EBITDA 4.01 1.06 0.93

Dividend

Metric LB SM Oil & Gas E&P median
Dividend yield — 2.89% 3.76%
Payout ratio — 0.21 0.33

Size

Metric LB SM Oil & Gas E&P median
Market cap 4.77b 7.05b 953.29m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack