NYSE:LB
LandBridge Co LLC
LandBridge Co LLC's revenue grew 81.1% in fiscal 2025 to $199.1M while operating margin rose to 59.5%. Free cash flow was $122.0M, 61.3% of revenue, and the diluted share count rose 4.3%.Summary generated from LandBridge Co LLC's SEC filings. Latest annual report filed Feb 26, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$199.1M
Revenue growth+81.1%
Revenue, 5-yr CAGRn/a
Gross marginn/a
Operating margin59.5%
Net margin15.1%
ROIC14.6%
Return on equity10.9%
Debt / equity1.68
Free cash flow$122.0M
FCF margin61.3%
Share count change+4.3%
Financials
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 73 | 110 | 199 |
| Operating income | 70 | −17 | 119 |
| Net income | 63 | 5 | 30 |
| Free cash flow | 50 | 67 | 122 |
Recent filings
- 8-KEntry into a material agreement
Oct 1, 2026 - 8-KRegulation FD disclosure
Sep 22, 2026 - 8-KRegulation FD disclosure
Sep 22, 2026 - 8-KDirector or officer change
Sep 21, 2026 - 4Insider transaction report
Aug 11, 2026 - 4Insider transaction report
Aug 11, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 6, 2026 - 8-KResults of operations and financial condition
Aug 5, 2026