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LandBridge Co LLC (LB)

LandBridge Co LLC brought in $225.5M of revenue over the twelve months to June 30, 2026, up 44.1% from a year earlier. Net income was $37.2M, a net margin of 16.5%. Operating cash flow minus capital spending left $122M of free cash flow in fiscal 2025. At June 30, 2026 it held $39.8M in cash against $535.7M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 6, 2026.

Price
$81.38
-1.35% on the day · September 25, 2026
52-week range $43.75 to $91.69
Market cap
$6.3B
Revenue (last 12 months)
$225.5M
+44.1% year on year
Net margin
16.5%
P/E
86.6
on FY2025 diluted EPS

What LandBridge Co LLC does

LandBridge Co LLC is registered with the SEC under industry code SIC 6792 (Oil Royalty Traders). Its shares trade on NYSE under the ticker LB.

Revenue and profit by year

Revenue
FY24: $72.9M $72.9M FY24FY24: $110M $110M FY24FY25: $199.1M $199.1M FY25
Net income
FY24: $63.2M $63.2M FY24FY24: $5.1M $5.1M FY24FY25: $30.1M $30.1M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$199.1M$118.5M$30.1M$0.94$122M
2024$110M-$16.5M$5.1M$0.07$66.7M
2024$72.9M$70M$63.2Mn/a$50.3M

Latest SEC filings

What LandBridge Co LLC has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 23, 2026
  2. September 22, 2026
  3. September 22, 2026
  4. September 21, 2026
  5. August 19, 2026
  6. August 14, 2026
  7. August 11, 2026
  8. August 6, 2026
  9. August 6, 2026
    Quarterly report 10-Q · period to June 30, 2026
  10. August 5, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 11, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about LB

What does LandBridge Co LLC do?

LandBridge Co LLC is registered with the SEC under industry code SIC 6792 (Oil Royalty Traders). Its shares trade on NYSE under the ticker LB.

Is LandBridge Co LLC profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $37.2M on revenue of $225.5M, a net margin of 16.5%.

How much revenue does LandBridge Co LLC make?

Over the twelve months to June 30, 2026 LandBridge Co LLC reported revenue of $225.5M. That is 44.1% more than a year earlier.

When did LandBridge Co LLC last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 6, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the form DEF 14C filing from September 23, 2026.

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Where the numbers come from

Financial figures are the values LandBridge Co LLC tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.