LandBridge Co LLC
LBNYSE
$77.67
↑ +0.8%Jul 17 close · end-of-day
Price
1Y↑ +39.9%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$6.0B
Enterprise Value
$6.5B
P/E
80.1
P/S
29.0
P/B
17.4
EV/EBITDA
47.8
PEG
—
FCF Yield
—
Dividend Yield
—
Revenue (TTM)
$206.1M
Net Income (TTM)
$74.7M
Free Cash Flow (TTM)
—
Gross Margin
—
Operating Margin
59.5%
Net Margin
36.2%
ROE
21.7%
ROIC
12.8%
Debt / Equity
1.6
Net Cash
-$505.9M
Return 1Y
+39.9%
Company profile
Land is critical to energy development and production. We own approximately 220,000 surface acres in and around the Delaware sub-basin in the prolific Permian Basin, which is the most active region for oil and natural gas exploration and development in the United States. Our principal executive offices are located at 5555 San Felipe Street, Suite 1200, Houston, Texas.
- CEO
- Jason Long
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Trading
- Headquarters
- Texas
- Website
- www.landbridgeco.com
Management & directors
- Bolling Harrison FennerSee Remarks
- Long Jason ThomasSee Remarks
- Mcneely Scott LloydSee Remarks
- Williams Jason FrederickSee Remarks
Roles derived from SEC Form 4 filings.
Earnings
LB Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$51.0M↑ +16.0%
Diluted EPS$0.23↑ +15.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue | $72.9M | $110.0M | $199.1M |
| Gross profit | — | — | — |
| Operating income | $70.0M | -$16.5M | $118.5M |
| Net income | — | -$41.5M | $72.4M |
| Diluted EPS | — | $0.07 | $0.94 |
| Operating cash flow | $53.0M | $67.6M | $126.3M |
| Free cash flow | — | — | — |
| Gross margin | — | — | — |
| Operating margin | 96.1% | -15.0% | 59.5% |
| Net margin | — | -37.7% | 36.4% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $26.0M | $28.5M | $36.5M | $44.0M | $47.5M | $50.8M | $56.8M | $51.0M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | -$51.2M | $3.2M | $18.0M | $25.0M | $28.5M | $30.9M | $34.1M | $29.2M |
| Net income | -$57.7M | $2.7M | $2.5M | $6.5M | $7.5M | $8.1M | $50.3M | $8.7M |
| Diluted EPS | — | -$0.04 | — | $0.20 | $0.24 | $0.26 | $0.24 | $0.23 |
| Operating cash flow | $16.0M | $7.5M | $26.9M | $15.9M | $37.3M | $34.9M | $38.1M | $41.1M |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | -197.4% | 11.2% | 49.4% | 57.0% | 60.0% | 60.8% | 60.0% | 57.2% |
| Net margin | -222.1% | 9.3% | 6.7% | 14.7% | 15.8% | 15.9% | 88.6% | 17.1% |
Company news
Jul 13, 2026
Jun 15, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-01 | Long Jason Thomas· See Remarks | Tax withholding | 33,425 | $72.30 | $2.4M | filing |
| 2026-07-01 | McNeely Scott Lloyd· See Remarks | Tax withholding | 12,188 | $72.30 | $881,192.40 | filing |
| 2026-07-01 | Williams Jason Frederick· See Remarks | Tax withholding | 9,758 | $72.30 | $705,503.40 | filing |
| 2026-07-01 | Bolling Harrison Fenner· See Remarks | Tax withholding | 9,152 | $72.30 | $661,689.60 | filing |
| 2026-03-06 | WATSON CHARLES L. | Sale | 13,000 | $75.00 | $975,055.90 | filing |
| 2026-03-04 | WATSON CHARLES L. | Sale | 9,670 | $75.19 | $727,071.83 | filing |
| 2026-03-02 | WATSON CHARLES L. | Sale | 30,680 | $74.07 | $2.3M | filing |
| 2026-01-06 | McNeely Scott Lloyd· See Remarks | Buy | 549 | $45.49 | $24,974.01 | filing |
| 2026-01-05 | Long Jason Thomas· See Remarks | Buy | 2,143 | $46.59 | $99,842.37 | filing |
| 2026-01-05 | Bolling Harrison Fenner· See Remarks | Buy | 850 | $46.84 | $39,814.00 | filing |
| 2025-11-18 | Capobianco David N | Sale | 2,500,000 | $70.00 | $175.0M | filing |
| 2025-11-18 | LandBridge Holdings LLC | Sale | 2,500,000 | $70.00 | $175.0M | filing |
| 2025-11-18 | Five Point Energy Fund II AIV-VII LP | Sale | 2,500,000 | $70.00 | $175.0M | filing |
| 2025-11-18 | LandBridge Holdings LLC | J | 2,500,000 | $0.00 | $0.00 | filing |
| 2025-11-18 | Five Point Energy Fund II AIV-VII LP | J | 2,500,000 | $0.00 | $0.00 | filing |
| 2025-11-18 | Five Point Energy Fund II AIV-VII LP | C | 2,500,000 | $0.00 | $0.00 | filing |
| 2025-11-18 | LandBridge Holdings LLC | C | 2,500,000 | $0.00 | $0.00 | filing |
| 2025-11-18 | Capobianco David N | J | 2,500,000 | $0.00 | $0.00 | filing |
| 2025-11-18 | Capobianco David N | C | 2,500,000 | $0.00 | $0.00 | filing |
| 2025-08-27 | Chase Valerie | Award | 2,201 | $0.00 | $0.00 | filing |
| 2025-08-27 | Nicolas Andrea Liria | Award | 2,201 | $0.00 | $0.00 | filing |
| 2025-08-27 | WATSON CHARLES L. | Award | 2,201 | $0.00 | $0.00 | filing |
| 2025-08-27 | Daul Ty P. | Award | 2,201 | $0.00 | $0.00 | filing |
| 2025-08-27 | Chase Valerie | Award | 3,895 | $0.00 | $0.00 | filing |
| 2025-08-27 | Daul Ty P. | Award | 3,895 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.