LandBridge
LB
85.72
+0.07
+0.08%
LandBridge
US · LB
#1859 by market cap
Listed 2024
85.72
+0.07
+0.08%
Live - 5344 symbols - heartbeat 271s ago
· 2026-10-07 19:54
After-hours
85.72
0.00%
- Market cap
- 2.43B
- P/E (TTM)i
- 75.86
- P/Bi
- 6.85
- EPSi
- 0.94
- Div yieldi
- 0.51%
- 52W posi
- 88%
Reader sentiment
Are you bullish or bearish on LB?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 3.05, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 4 years
Latest year +81.07% YoY
Margins
- Gross margin
- 93.22%
- Operating margin
- 59.52%
- Net margin
- 14.75%
Key ratios & quality
- Enterprise valuei
- 2.96B
- Altman Z-Scorei
- 3.05
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 51.78M | 72.87M | 109.95M | 199.09M |
| Gross profit | 41.22M | 60.66M | 98.97M | 185.60M |
| Selling & admin expenses | 41.80M | -12.09M | 112.30M | 62.45M |
| Research & development | -- | -- | -- | -- |
| Operating profit | -3.23M | 70.01M | -16.51M | 118.50M |
| Pretax profit | -6.20M | 63.54M | -39.60M | 81.47M |
| Tax | 164.00K | 370.00K | 1.88M | 9.07M |
| Net profit | -6.36M | 63.17M | 5.40M | 72.40M |
| Basic EPS | 0 | 4 | 0 | 1 |
| Diluted EPS | -0.44 | 4.36 | 0.07 | 0.94 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 43.95M | 47.53M | 50.83M | 56.78M | 51.01M | 66.84M |
| Gross profit | 40.89M | 44.50M | 47.81M | 52.40M | 46.18M | 61.33M |
| Selling & admin expenses | 14.73M | 14.80M | 15.86M | 17.09M | 15.73M | 15.90M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 25.04M | 28.50M | 30.89M | 34.08M | 29.18M | 44.16M |
| Pretax profit | 17.06M | 20.62M | 23.00M | 20.79M | 19.66M | 34.95M |
| Tax | 1.60M | 2.15M | 2.71M | 2.61M | 1.79M | 3.90M |
| Net profit | 15.46M | 18.48M | 20.29M | 18.17M | 17.87M | 31.05M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | 0.20 | 0.24 | 0.26 | 0.29 | 0.23 | 0.40 |
Balance sheet
| Line item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total current assets | 37.31M | 52.28M | 53.32M | 59.82M |
| Cash & ST investments | 16.15M | 37.82M | 37.03M | 30.74M |
| Inventory | -- | -- | -- | -- |
| Total assets | 276.02M | 288.95M | 1.03B | 1.37B |
| Total current liabilities | 17.19M | 27.10M | 14.41M | 12.29M |
| Short-term debt | 11.69M | 20.34M | 424.00K | 692.00K |
| Long-term debt | 45.92M | 108.34M | 380.82M | 559.59M |
| Total liabilities | 66,061,000.00 | 138,202,000.00 | 395,408,000.00 | 572,071,000.00 |
| Total equity | 209.96M | 150.75M | 637.07M | 793.99M |
| Retained earnings | -- | -- | 3.35M | 23.23M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 43.59M | 44.14M | 57.37M | 59.82M | 59.26M | 70.78M |
| Cash & ST investments | 14.94M | 20.35M | 28.32M | 30.74M | 29.68M | 39.80M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 1.01B | 1.07B | 1.08B | 1.37B | 1.36B | 1.38B |
| Total current liabilities | 11.79M | 10.36M | 13.82M | 12.29M | 18.82M | 9.74M |
| Short-term debt | 299.00K | 171.00K | 924.00K | 692.00K | 433.00K | 194.00K |
| Long-term debt | 375.47M | 370.87M | 366.08M | 559.59M | 535.11M | 535.53M |
| Total liabilities | 387,443,000.00 | 381,415,000.00 | 380,092,000.00 | 572,071,000.00 | 554,120,000.00 | 545,459,000.00 |
| Total equity | 620.66M | 684.97M | 697.83M | 793.99M | 808.12M | 831.81M |
| Retained earnings | 7.46M | 12.43M | 17.98M | 23.23M | 28.58M | 37.46M |
Cash flow
| Line item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating cash flow | 20.50M | 53.04M | 67.64M | 126.27M |
| Depreciation & amortization | 6.72M | 8.76M | 8.88M | 11.47M |
| Free cash flow | 17.21M | 50.26M | 66.65M | 122.04M |
| Dividends paid | -1.14M | -105.17M | -178.24M | -63.71M |
| Stock buybacks / issuance | -- | 0 | 617.55M | 0 |
| Ending cash balance | 25.35M | 37.82M | 37.03M | 30.74M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 15.91M | 37.33M | 34.91M | 38.12M | 41.12M | 41.37M |
| Depreciation & amortization | 2.60M | 2.55M | 2.58M | 3.74M | 4.43M | 4.37M |
| Free cash flow | 15.84M | 36.09M | 33.73M | 36.38M | 40.94M | 40.24M |
| Dividends paid | -13.56M | -24.37M | -14.85M | -10.94M | -14.73M | -18.59M |
| Stock buybacks / issuance | -- | -- | -- | 0 | -- | -- |
| Ending cash balance | 14.94M | 20.35M | 28.32M | 30.74M | 29.68M | 39.80M |
Returns & efficiency
| Line item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| ROE %i | -3.03 | 6.29 | 1.67 | 7.57 |
| ROA %i | -2.30 | 4.02 | 0.76 | 2.48 |
| ROIC %i | -1.52 | 14.31 | 4.06 | 6.81 |
| 5-year avg ROE %i | -- | -- | -- | -- |
| EBIT margin %i | -5.97 | 96.94 | -14.80 | 57.35 |
| FCF / sales %i | 33.24 | 54.10 | 60.62 | 61.30 |
| Current ratioi | 2.17 | 1.93 | 3.70 | 4.87 |
| Quick ratioi | 1.60 | 1.89 | 3.59 | 4.48 |
| Debt / assetsi | 20.87 | 44.53 | 36.92 | 41.01 |
| LT debt / equityi | 21.87 | 71.87 | 179.82 | 164.44 |
| Interest coveragei | -0.99 | 3.06 | -0.70 | 3.49 |
| Revenue CAGR (3Y) %i | -- | -- | -- | 56.67 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | 92.12 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 0.24 | 23.21 | 12.86 | 7.57 | 8.07 | 11.72 |
| ROA %i | 0.07 | 7.35 | 2.68 | 2.48 | 2.67 | 2.98 |
| ROIC %i | 3.70 | 13.71 | 9.84 | 6.81 | 7.32 | 8.89 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -3.70 | 47.37 | 56.85 | 57.35 | 57.37 | 59.38 |
| FCF / sales %i | 48.46 | 54.83 | 62.84 | 61.30 | 71.37 | 67.10 |
| Current ratioi | 3.70 | 4.26 | 4.15 | 4.87 | 3.15 | 7.27 |
| Quick ratioi | 3.57 | 3.95 | 3.80 | 4.48 | 2.97 | 6.91 |
| Debt / assetsi | 37.27 | 34.79 | 34.05 | 41.01 | 39.31 | 38.90 |
| LT debt / equityi | 85.27 | 139.19 | 134.59 | 164.44 | 155.33 | 150.63 |
| Interest coveragei | -0.18 | 2.52 | 3.38 | 3.49 | 3.46 | 3.77 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Single segment100.00%
Quote time 2026-10-07 19:54:59 · For reference only, not investment advice and not tailored to your situation.