LandBridge Company LLC (LB)
Energy · Oil & Gas Equipment & Services · NYSE
LandBridge Company LLC revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $51.78M | $72.86M | $109.95M | $199.09M |
| Gross profit | $41.22M | $60.66M | $98.97M | $185.60M |
| Net income | $-6.36M | $63.17M | $5.11M | $30.13M |
| Net margin | -12.3% | 86.7% | 4.6% | 15.1% |
Source: LandBridge Company LLC SEC filings (10-K).
What growth is priced into LB stock?
At today's market cap of $5.15B, LandBridge Company LLC is priced for free-cash-flow growth of about 17.9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $122.04M from the FY ending 2025-12-31). This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 4 years of LandBridge Company LLC financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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About LandBridge Company LLC
LandBridge Company LLC, together with its subsidiaries, owns and manages land and resources to support and enhance oil and natural gas development in the United States. It owns surface acres in and around the Delaware Basin in Texas and New Mexico. The company holds a portfolio of oil and gas royalties. It sells brackish water and other surface composite materials. The company was founded in 2021 and is headquartered in Houston, Texas. LandBridge Company LLC operates as a subsidiary of LandBridge Holdings LLC.
LandBridge Company LLC — frequently asked questions
What is LandBridge Company LLC's revenue?
LandBridge Company LLC (LB) reported revenue of $199.09M for fiscal year 2025, up 81.1% from the prior year, according to its SEC filings.
Is LandBridge Company LLC profitable?
Yes. LB earned net income of $30.13M in fiscal 2025, a net margin of 15.1%.
What is LB's P/E ratio?
LandBridge Company LLC trades at a price-to-earnings ratio of about 68.9 based on the latest data in our nightly-refreshed cache.
How fast is LandBridge Company LLC growing?
LB's revenue grew at roughly 56.7% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does LandBridge Company LLC have?
As of fiscal year 2025, LB carried roughly $560.28M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is LandBridge Company LLC's gross margin?
LB's gross margin was 93.2% in fiscal 2025 — gross profit of $185.60M on revenue of $199.09M.
What is LandBridge Company LLC's market cap?
LandBridge Company LLC (LB) has a market capitalization of about $5.15B, based on the latest data in our nightly-refreshed cache.
When does LandBridge Company LLC's fiscal year end?
LB's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into LB stock?
At today's market cap of $5.15B, LandBridge Company LLC is priced for free-cash-flow growth of about 17.9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $122.04M from the FY ending 2025-12-31).
Where does this data come from?
All figures are computed from LandBridge Company LLC's official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.