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LandBridge Corp (LB)

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CIK 0001995807 · NYSE · Oil Royalty Traders

  • Sector Finance & Real Estate
  • Incorporated TX
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, LandBridge Corp reported revenue of $199.09M. Revenue grew 81.1% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $225.45M.

Key ratios (year ended 2025-12-31)

59.5%
Operating margin
36.4%
Net margin
9.1%
Return on year-end equity
81.1%
Revenue growth (YoY)

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Latest selected filing: Form 8-K (current report) · 2026-10-01

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30		2025-12-312024-12-312023-12-31
Revenue$225.45M$199.09M$109.95M$72.86M
Operating Income$138.30M$118.50M-$16.51M$70.01M
Depreciation & Amortization$15.12M$11.47M$8.88M$8.76M
EBITDA$153.42M$129.97M-$7.63M$78.77M
Net Income$87.38M$72.40M-$41.48M$63.17M
EPS (Diluted)n/a$0.94$0.07n/a
Total Assets$1.38B$1.37B$1.03B$288.95M
Total Liabilities$545.46M$572.07M$395.41M$138.20M
Long-Term Debtn/a$570.73M$385.50Mn/a
Shareholders' Equity$831.81M$793.99M$637.07M$150.75M
Cash & Equivalents$39.80M$30.74M$37.03M$37.82M
Operating Cash Flow$155.52M$126.27M$67.64M$53.04M
Capital Expenditures$4.24M$4.24M$985.0K$2.78M
Free Cash Flow$151.28M$122.04M$66.65M$50.26M
Dividends Paid$59.11M$63.71M$178.24M$105.17M
Shares Outstandingn/an/a23.26Mn/a
Weighted Average Diluted Sharesn/a76.54M73.37Mn/a
EPS (Basic)n/a$1.18$0.28n/a

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